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How much percentile one should score in NMAT to get in NMIMS?
NMIMS MBA admissions are done on the basis of the NMAT entrance exam. On average, a student needs to score 205-250 marks in the NMAT entrance exam to secure admission here. During shortlisting, 70% weightage is given to the NMAT exam alone.
The percentile cutoff for admission to all MBA specializations at NMIMS Mumbai is around 86 percentile.
Which is better, NMIMS HR or SCMHRD-MBA in Business Analytics?
Someone I know who is an alumnus of SCMHRD has said that finding out which college is better will bear little to no fruits.
You can get in touch with the professionals from both programs and try to understand what you will have to do in order to make a name for yourself. An internal analysis is involved after which it is gauged what field would be the most suitable for you.
NMIMS is popular for producing marketing professionals. Finance is also popular in the institute. Analytics is not the flagship course of SCMHRD. They are very different courses and your temperament and aptitude are also contributing factors.
Which one is better: NMIMS, JBIMS, or SP Jain for Finance if I was looking for good placements and brands?
If you are considering pursuing an MBA in finance at NMIMS, JBIMS, or SPJIMR, the ranking is JBIMS > SPJIMR > NMIMS.
JBIMS has a high-quality education due to the prominent faculty members who come to the campus regularly to teach and give guest lectures. Some of the notable faculty members include Prof. Moradian, Prof. Shivanand & Kedar Mankekar, Prof. Sandeep Gokhale, Prof. Ghadiyar, and Prof. Jagdeep Kapoor.
The institute also has an excellent placement record, with major companies such as Deloitte, EY, PwC, Accenture, Insofys, and KPMG visiting the campus. The average salary during the 2022 placement drive was INR 27.63 LPA, with the median CTC at INR 26.48 LPA and the highest salary at INR 42 LPA. The 2021 summer internship placement drive was also a success, with the highest stipend offered to be INR 5.67 Lakhs per month and the average stipend at INR 2.05 Lakhs per month.
JBIMS also has a strong industrial interface, with many companies providing live industrial projects to students, which is a significant benefit. The institute is located in Mumbai, which is close to many corporate headquarters, such as HDFC, ICICI, BCG, and McKinsey.
The institute has also performed well in national-level competitions, such as HUL LIME, P&G Dream Team, JP Morgan - The Deal, Nomura Investment Banking Case Study Contest, and PepsiCo BIAC. The alumni network of JBIMS is extensive, with notable alumni such as Noshir Kaka, Nitin Paranjpe, Kainaz Gazder, Vinita Bali, Mani Ratnam, Sam Balsara, Chanda Kocchar, Ajay Piramal, Paresh Sukhtankar, Sanjay Lalbhai, Rohit Narang, Shruti Bajpai, Ravi Chaturvedi, Siddharth Roy Kapur, Uday Kotak, Harish Manwani, Parag Gude, and many more. JBIMS is referred to as the "CEO factory," which is a testament to the quality of education and training provided.
What is the actual package received by MBA HR students at NMIMS Mumbai? Are the packages mentioned really inflated?
The average salaries of the Flagship MBA and MBA (Human Resource) programs are 26.63 Lakhs and 19.56 Lakhs, respectively in 2022- 2023 as per the placement reports on their website.
It is crucial to remember that the compensation packages described in placement reports are typically accurate. These numbers represent the actual salaries that recruiters offered to students. It's crucial to recognise that these numbers represent the pay packages given to a particular group of students who excelled academically and during the hiring process.
The compensation packages for pupils who didn't perform as well may differ. Additionally, the compensation packages may differ based on the sector, nature of the position, and location.
Which course is better, an MSc. in finance from Jamnalal Bajaj Institute of Management, Mumbai, or NMIMS, Mumbai or MSc. in financial engineering from IFMR, Chennai?
If you are considering pursuing a Master of Science (M Sc) degree from NMIMS, it is important to do some further research on the recognition of the degree. However, an MBA from their Mumbai campus can be a good option to consider.
On the other hand, IFMR offers only MBA and Ph.D. programs, so it is not possible to pursue an M.Sc from there. As for JBIMS, it is the most prestigious institution in Mumbai, but there have been some concerns raised about the accuracy of their placement salary data. Additionally, the selection process for their M Sc course is quite competitive, with only 30 seats available for the program and a large number of candidates competing for those spots.
Considering your interest in finance, it would be beneficial to aim for admission to a top-notch business school like XLRI, which is renowned for its finance program. Another option would be to gain experience in the industry and pursue a finance course such as CFA or FRM, which would make you eligible for admission to world-renowned business schools such as the Indian School of Business.
What are the chances of getting a call from NMIMS Mumbai or Hyderabad with 170 score & 2 years of work experience as well as a postgraduate degree in Commerce?
NMIMS Mumbai and Hyderabad are both on the high cut-off list due to their popular demand.
- Looking at previous data from a few years back NMIMS Mumbai accepted students with scores of 190 and NMIMS Hyderabad accepted students with scores of 170.
- But due to the heavy competition and demand of Mumbai and Hyderabad, the cut off has risen with time.
- The previous year’s records state that the cut-off for NMIMS Mumbai was 207 to around 212.
- The cutoff for NMIMS Hyderabad was around 190.
Both of the cut off exceed the score you have mentioned in the question. Moreover, NMIMS does not consider work experience if the score is below the cut-off. It only accepts work experience if they cleared the cut-off. It is kept as the second criteria.
What is special in NMIMS, Mumbai MBA?
NMIMS is indeed one of the top B Schools in India. It has many distinguishing features making it one of the most coveted MBA destinations for aspirants. Some of them include
- Brand value: Being among the top B Schools in India, NMIMS enjoys great brand value. Its alumni are successfully leading many organizations in top roles and this alone is a testament to its brand name.
- Placements: NMIMS Mumbai has a great placement scenario. The final report of NMIMS Mumbai Placements 2022 has been released. According to the report, the highest salary package stood at INR 57.65 LPA, Students received an average salary of INR 23.07 LPA. Around 150+ recruiters participated in the placement drive from various sectors like BFSI, Consulting, IT, Pharmaceuticals, Media & Telecom, Consulting, etc.
- Location advantage: Situated in the Finance capital of India, NMIMS enjoys a great locational advantage and gives an edge to many B Schools. It is the best spot for Finance enthusiasts as the headquarters of many companies' finance sector is located here. Even the other specializations flourish here.
- Alumni: NMIMS has an elaborate alumni network that stretches across various reputed companies. Some might consider the huge batch size as a demerit but in reality, it results in a strong alumni base.
NMIMS is special in all the above aspects making it a distinguished choice among MBA aspirants.
What is the dress code for girls at NMIMS Mumbai?
If you are a student of NMIMS Mumbai, it is mandatory for you to adhere to the dress code policy. This policy is designed to ensure that you maintain a certain standard of appearance and professionalism. Here are some of the details of the dress code that you must follow:
- Classroom Dress Code: You are required to wear smart casuals for your classroom purposes. Half pants, shorts, or capris are not allowed. Casual footwear like bathroom slippers, floaters, or flip-flops is also not allowed. Girls are also advised not to wear short skirts, spaghetti tops, racer-backs, and halter tops.
- Function Dress Code: For all functions held in school, including seminars and conferences, it is mandatory to wear the Institute blazer, tie or cravat, and lapel pin.
- Placement Dress Code: During the placement events, boys are required to wear formal shirts with ties and blazers. Girls are required to wear business formal with a blazer and closed formal shoes.
- Convocation Dress Code: During the convocation, you must wear a blazer, tie/cravat/lapel pin with formal shoes, which is compulsory. Wearing skirts, shorts, one-piece, or three-fourths is not allowed. Gowns and caps will be worn over the dress for the ceremony.
By following the dress code policy of NMIMS, you will project a professional image, which will reflect positively on you and the school. Therefore, it is important that you take the dress code policy seriously and follow it at all times
Considering my credentials, can I get a call from any of these colleges, IIMs, FMS, XLRI or NMIMS, MICA, TAPMI, or SIBM?
Colleges may call depending on numerous variables. IIMs rarely call candidates without a 95+ percentile. IIMs exclusively accept top academic and overall candidates. Other colleges like FMS, XL, SPJIMR, and MDI assess the candidate's whole profile, giving them a little edge. These institutions consider work experience, extracurriculars, and leadership skills in addition to academic performance.
Even after being accepted to a top college, a candidate's academic performance may affect their placements, which could damage their job chances. The only thing candidates can control is their CAT/XAT score. So they should try their best and then decide.
Which college should I choose between NMIMS Mumbai and IIFT Kolkata for MBA?
NMIMS Mumbai is a better option among these, especially for Finance specialization. Located in Mumbai, the Finance capital of the country, it offers huge locational advantages. Many big names in the Industry take part in NMIMS Mumbai placements. Infosys, Accenture, Aditya Birla Capital, etc. took part in the 2022 placement drive. The average CTC offered to students this year was INR 19.40 LPA.
NMIMS focuses on hands-on learning. Various learning resources offered by the institute includes Bloomberg labs, access to a huge repository of market data and e-journals, WeCare internship program, etc.
Although NMIMS has a large alumni base, in terms of facilities, and exposure, it is better than IIFT Kolkata.
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