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Which is better: a PGDM from IIM Bangalore or an MBA from ISB Hyderabad?
A Post Graduate Diploma in Management (PGDM) from IIM Bangalore and an MBA from ISB Hyderabad are highly regarded and offer good professional chances.
Your career goals and preferences determine the program to choose. To help you choose, below are some important differences between the two programs:
- Duration: IIM-B's PGDM is a two-year full-time program, while ISB's MBA is one year. ISB offers shorter programs.
- Curriculum: Both programs teach business management in-depth. ISB's curriculum is more industry-focused than IIM-B's.
- IIM-B and ISB are well-known B-schools in India and abroad. IIM-B is a top Indian B-school with a good brand. ISB has a shorter history but is known for its management education.
- Placement: IIM-B and ISB have good placement records. Both institutes offer similar average wage packages.
Which university is better for an MBA between BIMTECH Noida and CMS Business School Bangalore (a part of Jain University)?
Between these two, you should go for BIMTECH Noida because of the following reasons.
- It was established earlier and hence boasts a stronger alumni base.
- It has better placement figures compared to CMS Business School.
- Stronger brand image due to association with Birla.
Which among these MBA colleges are worth? PES university, BMS college or RNSIT?
PES University will be better for a management course. BMS and RNSIT are engineering colleges known for their technical degrees. PES University MBA fees are high, around INR 10 LPA. But this huge investment pays off eventually.
PES University has academic partnerships with Harvard University, IBM, Earnest & Young, etc. So, you will get great exposure and opportunities. The average CTC for MBA at PES is INR 3-4.8 LPA. HP, ITC, KPMG, and E&Y are some of the major recruiters.
Which one should I choose, IMT Nagpur (marketing) or BIMTECH (insurance business management)?
Choosing between these two colleges and courses IMT Nagpur's Marketing program or BIMTECH's Insurance Business Management program highly depends on your interests and your career aspirations. If you want your career in marketing and you see yourself working as a marketing professional you should choose IMT Nagpur and vice-versa.
Is MBA waste of time?
Pursuing an MBA is certainly not a waste of time in fact it is considered as an investment due to the salary packages offered to MBA graduates by top companies early in their career. The average starting salary package of an MBA graduate ranges from 12-15 LPA and the highest being 20-40 LPA depending on the company and the position you are hired in.
Placement Scenario
An MBA degree takes precedence over any other postgraduate degree.
- MBA has a 100% placement record.
- The highest salary package offered is 20-40 LPA.
- The average salary package offered is 12-15 LPA.
- Top companies like Deloitte, Morgan Stanley, Nestle, Asian Paints, Saint Gobain, Wipro, Berger Paints, Phillips, McKinsey and Company, HSBC, Yes Bank, etc. hire MBA graduates.
Return on Investment (ROI)
MBA also being a costly course provides a good Return On Investment (ROI).
- The efficiency of an investment is determined by the measurement and comparison of the ROI.
- The MBA course graduates can get higher salary packages offered to them.
- They get a raise or hike in 10 years considering the long term salary projections.
- Students opting for an Executive MBA are working and are in the process of pursuing the degree, so the salary earned will also be included when calculating ROI, making it a profitable subject.
- The highest salary package offered to MBA graduates can rise from 48 LPA to 70 LPA in India.
Thus, pursuing MBA is not a waste of money or time if you invest your dedication in it well. To achieve something big one has to go through a number of steps before reaching their destination. In pursuing MBA also students have to be focussed and determined to complete their degree for better career prospects or opportunities. It helps one to learn how to organise themselves and synchronize it with the roles and responsibilities.
I read your upgrade PGDM from BIMTECH questions as you have completed the same. Can you suggest that did this course help you?
PGDM from BIMTECH will certainly help you excel in your career as it will equip you with all the industry relevant skills, including leadership, and management skills, and make you a successful business leader in the future. The course curriculum is designed in such a way that it will help you develop your critical thinking, decision making skills and problem-solving skills. The faculty are very helpful and guide you in every step of the journey.
Being located in an industrial hub such as Noida, and its association with the brand Birla, helps it attract a number of good companies.
|
Duration |
2 years residential program |
|
Specializations available |
HR, Marketing, Finance, Operations, IB and RM |
|
Eligibility |
Bachelor’s with a minimum of 50% |
|
Ranking |
56th by NIRF |
|
Exams Accepted |
CAT/XAT/GMAT/CMAT/MAT |
|
Fees |
13,00,000 |
|
Average Package |
11.25 LPA |
|
Accreditation |
AICTE, AIU, AACSB, NBA |
|
Scholarships |
Based on merit and need |
|
Batch size |
300 + 45 |
BIMTECH also has a dedicated placement cell that provides you with ample opportunities for you to step into the right career path.
How is NIBM Pune for an MBA PGDM, and what are its placement records?
National Institute of Bank Management, Pune is an autonomous institute established by RBI & banks and got recognition by AICTE, from 2013 onwards.
Admissions:
- The college accepts students based on the CAT, XAT, and CMAT scores with 50% in the bachelor's degree.
- NIBM offers a PGDM course in Banking and Financial Services with an intake of 120 seats.
- The total fee for MBA PGDM is 10.23 lakhs.
Cutoff:
- CAT cutoff was 80% or above in the year 2019.
- XAT cutoff was 94% or above in the year 2019.
- CMAT cutoff was 94% or above in the year 2019.
Infrastructure:
- The college has 60 acres campus consists of 3 large and 3 small lecture halls, one multipurpose hall, library, 2 sports grounds, mess, and auditorium.
- The college has a fully Wi-Fi enabled campus and has an on-campus doctor available 24 hrs.
- The college has a library that has a unique collection of books and journals related to banking and finance services.
Faculty:
- Faculties are highly qualified and knowledgeable. Every faculty has a doctorate degree in their respective fields.
- The course curriculum is very relevant for getting into the banking sector. It provides deep knowledge of both banking and finance.
Placements:
- The placement rate of 2020 is about 100% with the highest package of INR 22 LPA, the average package of INR 9.67 LPA, and the minimum package of INR 6 LPA.
- College does provide internship opportunities and the highest stipend of summer internship 2020 was Rs 56000
- Top recruiters of 2020 are Accenture, Aptivaa, Axis Bank Limited, Airtel Payments Bank, Bandhan Bank, HSBC, HDFC, IDBI Bank, Kotak Mahindra Bank, Cognizant, Deloitte, Fincare, Federal Bank, IDFC First Bank, KPMG, Surya, Wipro, etc.
NIBM is good for management in banking and finance and it provides a lot of opportunities for internship and placements.
Will you recommend studying from IIM Ahmedabad (PGPM) for 2 years at the age of 32?
Pursuing a PGPM (Post Graduate Program in Management) from IIM Ahmedabad at the age of 32 is a good choice depending on your individual circumstances, career goals, and personal aspirations. Here are some factors to consider:
- Career Goals: If you’re from the marketing or management field the PGPM program will help you advance in your current field or transition to a new one.
- Work Experience: Your 10 years of work experience can be an asset in the classroom, providing valuable insights and perspectives. It can also contribute to your networking opportunities.
- Ranking & accreditation: It is the topmost management school in India according to the NIRF report 2023. It has ranked #1 among all top management colleges in India. Since 2010, the IIM Ahmedabad has received global accreditation from the EFMD Quality Improvement System (EQUIS). It provides certified management courses in various specializations.
- Career advancement: IIMs provide 100% placement, IIM Ahmedabad offers an average salary of INR 31 LPA in their campus placement. The highest packages are about 1 crore. There are several prestigious employers, including PepsiCo, Nestlé, Bayer, Olam, Yes Bank, Amul, UPL, FMC, Zepto, Iff, Licious, and Udaan. IIM Students can draw inspiration from outstanding leaders like Ajay Banga, who is presently the CEO of Mastercard and has also been nominated to run the World Bank. The alumni network is also quite strong.
It's important to note that many individuals pursue an MBA at various stages of their careers, including their 30s and 40s. Age alone should not deter you if you have clear goals and a strong motivation to pursue higher education. Ultimately, the choice to pursue an MBA from IIM Ahmedabad or any other institution should align with your unique circumstances and career aspirations. Consulting with career advisors, mentors, and individuals who have gone through a similar decision-making process can also provide valuable insights.
Which is better for doing a distance learning for an MBA, Alliance University or IGNOU?
Alliance University does not provide Distance- learning or any course as the courses are full-time and require students’ attention. Alliance University is the best university for B-school with the best management courses in South India and the alliance's flagship program is also MBA with very good faculties and placements offers. As much as I know Distance learning will not help you, because what a student can learn and interact with within a physical classroom, that quality can’t be there in E-learning or distance learning. Alliance University offers 5 specializations in the field of MBA which are, Marketing, Finance, HRM, OM, and International Business. Every specialization has its own merits including which alliance provides field visits, company visits, interactive classroom sessions, debating, and presentation skills, alliance emphasizes all these aspects of a student for the complete growth of a student.
Now, if we will talk about IGNOU, this college offers a distance learning MBA and four post-graduate diploma courses under its school of management.
Here is the list of management courses offered by IGNOU
Master of Business Administration (MBA)
- Post-Graduate Diploma in Financial Management (PGDFM)
- Post-Graduate Diploma in Marketing Management (PGDMM)
- Post-Graduate Diploma in Operations Management (PGDOM)
- Post Graduate Diploma in Human Resource Management (PGDHRM)
- Post-Graduate Diploma in Financial Markets Practice (PGDFMP)
I will suggest you go with Alliance university because the quality alliance provides with best faculties, which no college can provide, and this is the statement that the students of alliance university only say. IGNOU is no doubt a reputed and excellent college but chooses full-time learning over distance learning, as you’ll get many new experiences and learning also. All the best!
How is BIMTECH Greater Noida for a PGDM?
BIMTECH is a private b-school located in U.P. It offers various programs in the field of management, including PGDM, PGDM-IB, and PGDM-RM. It focuses on experiential learning and industry interface. It has a strong alumni network and offers good placements to its students. BIMTECH is known for its focus on sustainability and social responsibility.
Placement of BIMTECH - Final Placement process for 367 students pursuing PGDM courses from the batch of 2021-23 to 100%. More than 92 organizations participated in the recruitment drive in sectors like Consultancy, Financial Services, FMCG/FMCD, Insurance, IT & ITeS, Marketing, Market Research, Manufacturing, Retail, and Automobiles among others. BFSI, IT & ITeS, and Consulting sectors, with 75 % of the total offers.
- Average of Top 10% is 15.86 Lakh per Annum
- Average of Top 25% is 14.31 Lakh per Annum
- Average of Top 50% is 12.80 Lakh per Annum
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