IIT B is particularly known for its specialization in Operations. Although it has a decent specialization in other domains like Marketing and IT as well, it is for Operations that people usually choose it. Some consider IIM Shillong or Trichy a better option for Finance. But I personally think that SJMSom IIT B is overall a better choice.
I cannot choose one between IIM Trichy and Shillong as both are at an equal level at this point. Despite being new, Trichy has managed to be in the league of Shillong. It has been growing at a fast pace and may even surpass IIM Shillong in the near future.
So if I am to rank the above options it has to be
SJMSom>IIM Shillong=IIM Trichy
Salary in any organization is determined by the position to which you are appointed and the company's pay structure. You have to put forth your best efforts in order to reap the benefits.
According to the placement report released by IIM Bangalore for the PGP and PGPBA batch of 2022, 662 offers were made to 524 students by 137 recruiters. There were a total of 273 Pre-placement offers made, with 181 PPOs accepted. The average salary was INR 33.82 LPA, while the median salary was INR 31.2 LPA. 137 recruiters participated in the placement drive. Accenture Strategy, Amazon, Microsoft, and many other companies were among the top recruiters.
Choosing whether or not to pursue an MBA can be a difficult decision, and numerous aspects must be considered before making a final decision. Here are some steps you can take to solve your problem:
Your decision to obtain an MBA is determined by your personal circumstances, career ambitions, and preparation. Before making a final selection, it's critical to weigh your possibilities, investigate the job market, and seek guidance.
ISB Hyderabad or ICFAI gives MBA degrees and is one of the good business schools in India. It has good facilities and a good campus. There are also a good number of companies that visit their site.
But the intake and the costs are two big worries. They take in close to 1000 kids each year, which makes it hard to find unique jobs for all of them. Also, the fees are close to Rs. 16 lakh, which is a lot more than what other B-schools in the same grade charge.
Faculty and pedagogy: The school is recognized by the AACSB, and the way students learn at IBS is through continuous learning. They use a case-based teaching method to make business education more useful. The teachers are well-known and have a lot of experience teaching. There are a lot of people with PhDs from top business schools like HBS, IIMA, Wharton School, and others. Many former students come back to teach.
Alumni Network: IBS has been around for a long time, so many of its graduates are in top management roles in India and around the world. It has about 58,000 people working all over the world who went there. This helps them build good relationships with businesses, which leads to good job prospects for graduates.
Locational Advantage: ICFAI has many campuses, with Hyderabad and Mumbai serving as their business relations hubs.
Peer Learning: When deciding who to let into its MBA program, IBS considers not only the candidates' good grades and work experience but also how well they might fit into the program. This makes sure that each group has a good mix of people and that people can learn a lot from each other. So, my conclusion is that you should go to IBS Hyderabad if you don't have any better choices or if the fees aren't a big deal for you.
Placements: 393 recruiters participated during ISB Placements. Top employers include HDFC, Bajaj Capital, ICICI, Deloitte, HCL, Zomato, Wipro, etc. Students received an average salary of INR 34.07 LPA. The Highest Salary stood at Rs.15.89 LPA.
You should opt for Great Lakes Gurgaon, it is a better option. It offers better placements and brand value. Great Lakes placement 2022 had a 100% placement rate. The average CTC received by the students was INR 16 LPA. Big brands such as Accenture, Deloitte, Wells Fargo, etc. visit the campus placement of Great Lakes Gurgaon. The ROI offered by the institute is pretty good as well.
Based on the available data and rankings, SIES is a better choice than PUMBA in terms of academic excellence, campus infrastructure, faculty, and placements. SIESCOMS is accredited by the National Board of Accreditation (NBA) and has been ranked among the top 100 B-Schools in India by NIRF (National Institutional Ranking Framework).
SIESCOMS is known for its strong industry interface and focus on research. PUMBA may not be suitable for experienced professionals, as it is said to be a place for freshers. The learning experience at PUMBA may also not be as rigorous as some of the top B-schools in India. It’s especially true if a student is looking for top-notch placements and a rigorous learning experience, which is why SIES is the better option out of the two.
The fees of the MBA program at IIM Ahmedabad, one of India's top management colleges, can change depending on the applicant's category.
The following is the fee structure for general category applicants to the MBA program at IIM Ahmedabad for the academic year 2023.
Payment mode 1
Phase |
Married Student Hostel (MSH)* |
Single Accommodation* |
First Commitment Fee |
INR 2,00,000 |
INR 2,00,000 |
Second Commitment Fee |
INR 12,00,000 |
INR 12,00,000 |
Balance Programme Fee |
INR 18,00,000 |
INR 16,00,000 |
Caution Money (refundable) |
INR 70,000 |
INR 35,000 |
Payment mode 2
Phase |
Married Student Hostel (MSH)* |
Single Accommodation* |
First Commitment Fee |
INR 2,00,000 |
|
Balance Fee: 1st Installment |
INR 14,40,000 |
INR 12,40,000 |
Balance Fee: 2nd Installment |
INR 10,66,000 |
|
Balance Fee: 3rd Installment |
INR 5,33,000 |
|
Caution Money (refundable) |
INR 70,000 |
INR 35,000 |
Please keep in mind that the fees are subject to change and they do change almost every year, therefore it's always advised to check the institute's official website for the most recent information.
The precise package after 10 years is difficult to predict or estimate because it depends on several variables, including the person's performance, skills, and job experience. The average salary package of INR 36.2 LPA for IIM Ahmedabad's MBA graduates, and the highest salary package is INR 1.15 CPA (Crores per Annum). Nevertheless, IIM Ahmedabad graduates are highly sought after by major employers. The sector, job profile, and location of the work all affect the compensation package.
Choose NMIMS MBA in business analytics if you work in analytics or want to. However, if you're not interested in analytics, you should choose the TAPMI PGDM core program because many people convert to analytics without knowing anything about it, which is a bad sign.
If you're interested in analytics, select NMIMS to develop professionally. If you're unsure about analytics, the TAPMI PGDM core programme will give you several options in different industries.
IIM Ahmedabad forerunner course is PGDM which is very much different from that of ISB Hyderabad which provides one year PGP course.
For IIM Ahmedabad having experience might be beneficial but it has not been made necessary whereas on the other hand for ISB Hyderabad, you would need a good experience of minimum 3 years with a strong profile or portfolio.
Categories |
ISB Hyderabad |
IIM (A/B/C) |
Course Fee (approx.) |
31.35 lakh |
10-23 lakh |
Placement Percentage |
80% |
90-100% |
Highest CTC |
21 LPA |
40-50 LPA |
Average CTC |
8-10 LPA |
23-28 LPA |
Recruiting Companies |
BCG, McKinsey, Accenture, Deloitte, Wipro, etc. |
Accenture, Microsoft, Capgemini, TCS, etc. |
In short, we get to know that ISB Hyderabad already admits people who have a very good and strong profile and could be termed to be ready and hence is one of the main reasons why ISB Hyderabad has a better package than that of IIM Ahmedabad, Bangalore or Calcutta. Talking about the faculty, both the colleges have faculty up to the mark so there is not much difference
Fostiima has better placements and lower fees as compared to NDIM Delhi.
At IMM Fostiima, the PGDM fees are around 7.75 Lakhs. As for placements, the average package goes to around 8 LPA, and the highest package touches around 25 LPA. Whereas, at NDIM Delhi, the PGDM fees are around 9.30 Lakhs, and the average placement package is around 6.5 LPA. The highest package goes to around 16 LPA.
Before choosing either of these colleges for a PGDM, look for other options in Delhi, Mumbai and Pune. All these locations are highly regarded for their management colleges.
\