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Which is the best option to pursue an MBA in finance amongst IMI Delhi IMT Ghaziabad XIMB and SCMHRD? I am hoping to receive admission from these colleges but I am really confused.
Out of all these colleges, IMI Delhi seems to be the best option for a person looking to major in finance. IMT Ghaziabad has been known for its marketing for a long time and SCMHRD, as the name suggests, is an amazing institution for HR. XIMB is also a decent option for finance but IMI seems to edge it out due to the following reasons-
- Intellectual capital: IMI New Delhi is one of the premier B-schools in the country. The faculty of IMI is renowned and they are among one of the best minds in the country.
- Alumni Base: The institute is 42 years old, so the alumni base is very strong. Some of the top leaders of the industry are graduates from IMI.
- Batch Strength: A small batch enhances the overall classroom experience. IMI has a decent batch strength. Neither too big nor too small. PGDM: 235 seats, PGDM BFS: 50 seats, PGDM HR: 45 seats
- Placements: The average package of students at IMI for 2023 was 17.01 Lacs and recruiters for finance included American Express, Bank of America, Barclays, and HSBC among others.
Which is the best option to pursue an MBA in finance amongst IMI Delhi, IMT Ghaziabad, XIMB and SCMHRD? I am hoping to receive admission from these colleges but I'm really confused.
In my opinion, the best option among the given colleges is SCMHRD’s finance. I am not saying this on my own, but the data reflects the results. Let’s check the final placements for each college in the finance area.
The average package offered in the finance area at IMI Delhi is 17.64 lac per annum for the last batch. For IMT Ghaziabad, this figure is 14 LPA. XIMB is a little better than these colleges, with an average package of 20 LPA, but SCMHRD excels all of these with an average package of 22 LPA and the highest package of 27 LPA.
Which one is better for pursuing an MBA, IIM Sambalpur or XIMB BM?
The main purpose of pursuing an MBA is to elevate your current profile and render you better career opportunities. Doing an MBA just for your resume or because everyone is doing it is not justifiable. And honestly, neither of the two colleges you mentioned has the potential to enhance your employability skills. So I would right away say that both these are not good options.
The reason why IIM Sambalpur is not worth it is mainly because being a new IIM, its tag has little or no brand value. Its overall worth is also very less in comparison to other IIMs. Most importantly, if you were able to get into a new IIM, chances are you can even get into an older, better one with a tad bit more effort and determination. So you can try again next year and join a better one.
The reason why XIMB is not worth it is because of ROI. The high fees compared to mediocre packages that are offered make no sense. You can get similar packages at a tier 2 college with much fewer fees.
Still, if you are under pressure to choose one, definitely go for IIM Sambalpur. The IIM tag might come in handy someday in our country whose corporates still value the tag more than the potential.
How valued is XIMB as a brand in the corporate world?
XIMB is a very popular and oldest business school in our country and it is very much valued in the corporate world and is among the top choices for recruiters.
- Students are offered jobs in various fields such as Consulting, Corporate Finance, Equity Research, Investment Banking, Marketing, Sales, and many other categories.
- Around 30% of the students were placed in consulting in companies like Deloitte, Cognizant Business, PwC, KPMG, TCS.
- Around 27% of the students were placed in marketing in top companies like Hindustan Coca-Cola Beverages Pvt. Ltd. (HCCBPL), Tata Steel, Idea Cellular, Vedanta, Bajaj Auto, Spencer’s, Boston Scientific, etc.
- Around 20% of the students were also placed in systems domains where major companies like HCL Technologies, Wipro, IBM, Accenture Technology Services, Capgemini, Mindtree, Tata Interactive Systems, Infosys recruited them.
- Some major corporates like Goldman Sachs, HSBC, CRISIL, ICRA, Axis Bank, ICICI Bank, Royal Bank of Scotland, HDFC Life, SBI also recruited students in the finance sector.
- The highest package offered in India was around 20 LPA and the average package offered here is around 12.7 LPA.
So, XIMB is a very good institute and provides you the proper environment to get placed in your dream company but you too have to put in a lot of hard work and effort too to make yourself worth the job.
Which is better option for MBA in finance - IMT Ghaziabad or XIMB BM?
If you're trying to decide between XIMB BM and IMT Ghaziabad, you might find it helpful to know that while both programs are reputable, XIMB BM has a slight edge. However, keep in mind that this difference may not be significant enough to base your decision on.
That being said, if you're set on choosing between these two programs, XIMB BM would be the way to go. However, if you're open to exploring other options, it might be worth considering furthering your profile and aiming for even higher-ranked programs.
Improving your profile could include gaining more work experience, pursuing additional education or certifications, or getting involved in extracurricular activities related to your desired field. By doing so, you can increase your chances of getting accepted into more prestigious MBA programs, which can lead to greater career opportunities and earning potential.
Ultimately, the decision of which MBA program to choose is a personal one that should be based on your individual goals and circumstances. Take the time to research and consider all of your options before making a decision, and don't be afraid to seek advice from mentors or professionals in your desired field.
What are the various profiles offered to fresher B-School graduates from IIM's and other Top 50 B-school's of India such as NMIMS, XIMB, IMT-G, IMI, Fore, TAPMI, LBSIM, LIBA, etc.?
The most frequent and highest-paying position available to recent B-School graduates is in banking sales. This primarily pertains to a relationship manager's resume.
- Automobile Sales: This is another typical sales position that B-schools offer, especially to new graduates.
- Enterprise IT Sales: This position entails B2B selling inside of the major IT firms.
- Research Analyst in the KPO industry: It involves mostly Google searches and searching databases for big consulting and auditing firms.
- Financial Analyst (KPO Sector): This position is ideal for finance students because it involves working on reports pertaining to equity analysis, financial analysis, and other areas of finance.
- Market Research: This position entails working with data and performing statistical analysis.
Are less than 60 btech graduates given admission in FMS Delhi,XLRI.XIM and JBIMS Mumbai?
FMS Delhi, XLRI, XIMB, and JBIMS are all highly regarded B-schools in India that offer postgraduate management programs. As these programs are PG courses so they require candidates to have a bachelor's degree from a recognized university.
The number of seats and admission criteria for these programs may vary from year to year and depend on factors such as the number of applicants, the performance of the applicants in entrance exams, and the selection process of each institution. Below is a table of batch sizes of all these colleges;
|
Institution |
Program |
Approximate Batch Size |
|
FMS Delhi |
MBA |
200 |
|
XLRI |
PGDM |
360 |
|
XIMB |
MBA |
360 |
|
JBIMS Mumbai |
MMS |
120 |
Although all these institutes try to keep the batch as diverse as possible still the ratio of B.Tech and non-B.Tech is highly skewed towards B.Tech. So, it is unlikely that less than 60 B.Tech graduates are admitted to these institutions. These institutions typically have a rigorous selection process, and the number of seats available is usually limited.
However, the exact number of B.Tech graduates admitted to these institutions may vary depending on the specific program and admission cycle.
I have been shortlisted for DCP program in IMT G and MBA BM in XIMB? Which one would be better among the two?
I would say that you should definitely choose XIMB.
It's their primary program, and it will be much better than IMT G's DCP program. Just because of cost. The DCP program has fees that are over 22 lakhs and an average package of around 9 lakhs per annum. In contrast, the XIMB BM program has an average package of 13 lakhs per annum and fees of 15.40 lakhs for two years. Also, keep in mind that the DCP program is still new, so there won't be much support from the business.
I would have considered IMT G if it was a full-time program. If you can move up to IMT Ghaziabad and want to get an MBA with a focus on marketing and entrepreneurship courses, you should choose IMT Ghaziabad. But the DCP course fee isn't worth it for the same opportunity unless you want to work abroad, especially in Dubai.
Which MBA degree and college will be better for a career in the long run, personal development, networking, placement XLRI Jamshedpur HRM, XLRI Delhi BM and XIMB BM?
If you do not have a specific preference for specialty, the XLRI HRM course is the greatest fit for your needs.
The HRM course at XLRI Jamshedpur is the best in Asia. They receive incredible placements, and the profiles they get are better than any other HR programme in India. Few students in XL HR have been placed in Consulting and General Management roles, which are in high demand at major business schools. Almost all of the top HR in India's leading firms are from XL Jamshedpur, which helps with networking and job advancement. They have a fantastic alumni network. The recent appointment of Leena Nair as Chanel's global CEO is an illustration of how their graduates (XL HR) have performed.
Is Ximb a good college to invest 17 lacs or better wait for an year?
Xavier Institute of Management (XIMB) is a good college for pursuing your management studies. Being a student of XIMB myself, I can say that the competition in XIMB is very high, so if you get a seat in XIMB then don’t take it for granted.
You don’t have to wait for one year because every minute is very precious. So don’t spend one year waiting to get admission to a good college. Even if you are getting into the top 10 colleges of India, then also it will not guarantee your better future.
If you have been admitted to Symbiosis or Amity or any other college then the scenario would be different.
|
Categories |
MBA at XIMB |
|
Course Fee |
20.3 lakh |
|
Course Duration |
2 years |
|
Highest CTC |
26 LPA |
|
Average CTC |
15 LPA |
|
Recruiting Companies |
Nestle, PwC, Crisil, CitiBank, etc. |
Xavier Institute of Management (XIMB) is a good college and you can easily invest 17 Lacs. You don’t have to wait for another year and waste your precious time.
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