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Which is better, IIM Lucknow or IIM Bangalore for an MBA student?
IIM Lucknow and IIM Bangalore offer top MBA programs. Your career ambitions, personal preferences, and the curriculum provided by the two institutes will determine your choice. Comparing the two institutes:
|
Particulars |
IIM Lucknow |
IIM Bangalore |
|
Highest Package |
INR 58 LPA |
INR 55 LPA |
|
Average Package |
INR 31.03 LPA |
INR 33.8 LPA |
|
Fees |
Rs 19.23 Lakhs |
Rs 24.5 Lakhs |
Overall, both IIM Lucknow and IIM Bangalore are excellent choices for students.
How would you compare MBA offers in Europe vs those in India? Which will be a better option in terms of career progression? Consider INSEAD vs IIM-Bangalore / EDHEC vs SPJIMR etc.
When comparing MBA offers in Europe and India, you should consider the business school’s repute, international exposure, professional advancement, cost, and location. INSEAD is a top-10 business school with unrivaled international exposure. It is far more esteemed than the IIMs and should be the first MBA choice if cost and living expenses are not an issue.
However, it is generally advisable to study for an MBA in the place where one wants to work or settle. If someone wants to work or settle in Europe, then doing an MBA from a top European business school is recommended. On the other hand, if someone is interested in working in India and the cost is an issue, then IIM Bangalore (IIM-B) is a great option. IIM-B offers easy loans and scholarships and is recognized by almost all top recruiters in India. Therefore, IIM-B is a good choice for Indian students who want to pursue an MBA.
SPJIMR is also a good option, but if someone wants to start a business in India and their primary client base is local, then IIM-B is a much better option than INSEAD.
What should I choose between BIMTECH and NIT Durgapur for an MBA?
Disregarding the fees, BIMTECH is better than NIT Durgapur for pursuing an MBA degree because of its infrastructure that’s been specifically tailored for MBA students. NIT Durgapur, on the other hand, being a technical institute, has many graduate students but not the same kind of specialized infrastructure.
In terms of location, BIMTECH is located in the NCR, which may provide more internship and job opportunities. Additionally, companies and guests who visit BIMTECH are specifically looking to meet with management students, which is not there in NIT.
How is the GIBS Business School in Bangalore for a PGDM or MBA full-time program for courses and placements?
One of my seniors had opted for GIBS and is very happy regarding his experience. At the end of the course, he was placed in a company with 11 LPA. GIBS has been recognized by other foreign institutes and countries regarding its curriculum and approach towards the course.
It is considered that it has the best placements among other B Schools situated in Bangalore. Here are the recent placement statistics.
|
Average CTC |
6 LPA |
|
Highest CTC |
13 LPA |
|
Placement Average |
100% |
|
No of recruiting companies |
600+ |
Moreover, it has well-experienced faculty. It not only teaches the theory but also gives practical knowledge and hands-on experience. It has big and a lush green campus with a perfect environment to study.
How are the placements for PGDM finance students in ITM in Navi Mumbai, Apeejay School of Management, or EMPI Business School?
ITM Navi Mumbai is ranked 57 by India Today for MBA, whereas, Apeejay School of Management has been ranked 91 by India Today in the same category. EMPI Business School is also a reputed MBA college in Delhi.
Placement at ITM Navi Mumbai:With an edge of having industry exposure in Mumbai, ITM Navi Mumbai leverages when compared to the other two in terms of its Finance domain.
- 37.96% of the total companies visiting the campus are of the finance domain. Few from the top recruiters in the finance domain are JP Morgan, GIC Housing Finance Ltd, Capital First, etc.
- It has a decent average placement percentage of about 95%.
- The highest and average CTC received by the students of the institute is 7.6 LPA and 14.2 LPA.
Placement at Apeejay School of Management:
- As per their latest placement report of 2016-18, 13% of the total companies visited are for the Banking, Financial Services & Insurance Sector.
- The top recruiters for finance domains at the institute are Byju’s, HDFC Bank Ltd, ICICI Prudential, ICICI Bank, etc.
- The average and highest CTC at Apeejay is 16.5 LPA and 6.5 LPA.
Placement at EMPI Business School:At EMPI, Almost 75% of the students got placements.
- For finance companies, the average package goes down to 3-4.5 LPA, which is less than that of ITM Navi Mumbai.
- Some major recruiters in the finance domain at the institute are Deutsche Bank, American Express, Bank of America, Citi Financial, HSBC, etc.
What are the pros and cons of joining Bimtech for PGDM?
BIMTECH is a fairly good choice of institute to pursue a PGDM course. As my cousin has just completed his post-graduation from there, I have come up with these pros and cons after brief research and reference:
Pros:
- Faculty: At BIMTECH, you will be taught by really good and experienced professors. You will be laden with thorough knowledge of everything you learn but it all depends on your hard work at the end.
- Infrastructure: The overall infrastructure and facilities are great. You will get air-conditioned classrooms, projectors, good furniture, and other amenities. Hostels are also good, and the mess food is also better than other hostels of different colleges.
- Placements: Coming to campus placements, you can grab good packages with finance companies offering an average salary of 5-7 LPA and marketing companies with up to 12 LPA.
Cons: The only con that my cousin came across is the curriculum which is being followed.
- Although the course taught satisfies the industrial needs but it is a bit outdated with respect to recent advancements and updates.
- Also, the pedagogy is old-fashioned, i.e, whiteboard pedagogy.
- Even the emphasis on Practical knowledge is quite low in this college.
- During an internship, almost all of you will get there but the profiles are not clearly explained, and looks like you are just being pushed in a hurry to give others a chance.
Overall, it is an above-average option to pursue PGDM, there is nothing exceptional about it. If you think you are much capable, then definitely go for other reputed institutes. At the end of the day, what matters the most is your hard work and skills.
How are the placements at IMED Pune for an MBA?
My sister studied at IMED Pune in the 2017 batch and it was a good institute for MBA. She got placed with Amazon in the final year at a package of INR 12 LPA. In 2019, the college saw a 100% placement rate with the highest domestic package of INR 16 LPA and an average package of INR 7 LPA. More than 150 companies participate in the placement process at IMED Pune each year.
- It has one of the best placement rates for MBA in Pune when compared to other MBA institutions.
- In 2020, the average package offered was INR 6 LPA, and the highest package given was INR 12 LPA.
- They offer excellent CRC support as well, which turns out to be very beneficial in preparing students for the corporate world.
- You'll be taught valuable lessons like financial modeling, and honing your aptitude, and grooming skills especially for the corporate world.
Here's a table also for your consideration-
|
Parameters |
IMED Pune 2019 placements |
|
Placement Rate |
100% |
|
Average Salary |
INR 7 LPA |
|
Highest Salary (International) |
INR 54.08 LPA |
|
Highest Salary (domestic) |
INR 16.10 LPA |
|
Total Participation of Companies |
150 |
As you may see, the placement rate has been 100% almost every year and in 2020, 239 students were placed with a .5 increase in the average package offered. The highest domestic package also saw an increase from INR 16.10 LPA to INR 18.10 LPA. However, the participation of companies was the same.
What are the pros and cons of doing an MBA from SIBM Pune vs. an MBA from IIM Ahmedabad/Rohtak? Which one has a better placement record?
SIBM Pune and IIM Ahmedabad/Rohtak are two B-schools with distinct benefits. These MBA programmes have benefits and cons:
SIBM Pune Pros:
- Industry connections and placement success
- Telecom and hospital/healthcare management specialisation
- Cheaper than top-tier IIMs.
- International student exchange programmes
SIBM Pune Cons:
Lower brand value than IIMs Limited alumni network Relatively greater batch size, resulting in less personalised attention
IIM Ahmedabad/Rohtak Pros:
- Global brand recognition
- Strong professors and academics
- Well-connected alumni and industry
- Global immersion programmes offer worldwide experience.
IIM Ahmedabad/Rohtak Cons:
- Costlier than SIBM Pune
- Stressful academic schedule
- Fewer specialist areas than SIBM Pune.
SIBM Pune and IIM Ahmedabad/Rohtak have strong placement records. But anyday, IIM Ahmedabad/Rohtak has superior placement and higher-paying employment offers. Its brand value, industrial connections, and challenging academic programme prepare students for the competitive employment market.
Is it preferable and possible to do a CFA along with an MBA in Finance if I take admission in IIM Bodh Gaya?
It is possible to pursue the Chartered Financial Analyst (CFA) certification in conjunction with an MBA degree from IIM Bodh Gaya, as well as other certifications such as Financial Risk Manager (FRM), Financial Modeling and Valuation Analyst (FMVA), Certified Business Continuity Analyst (CBCA), Certified Market Surveillance Analyst (CMSA), National Institute of Securities Markets (NISM), and National Stock Exchange's Certification in Financial Markets (NCFM).
Whether or not it is preferable to pursue the CFA certification alongside an MBA in Finance is a matter of personal preference. Like other IIMs, IIM Bodh Gaya has a rigorous curriculum and pedagogy. If you are able to make time outside of committee and club activities and studies and are willing to sacrifice some sleep, pursuing these certifications can greatly enhance your resume and increase your marketability in the job market. However, it is also a high-risk, high-reward decision. Even if you do not pursue these certifications, IIM Bodh Gaya will still provide you with attractive job offers if you put in the effort.
What is the best option for pursuing an MBA in HRM, XISS RANCHI, WESCHOOL Mumbai, SIES Mumbai, or XIME Bangalore?
XISS Ranchi is ranked 76 by NIRF 2020, WESCHOOL Mumbai is ranked 68 by NIRF 2020, SIES Mumbai is ranked 22 by Times 2020, and XIME Bangalore is ranked 56 by India Today for MBA. Given below a brief highlight of the MBA HRM program at these institutes.
XISS Ranchi:
Admission:
-
Graduate students with above 50% marks in any streams are eligible to apply for the MBA in HRM program at XISS Ranchi.
-
For getting admission a valid CAT/CMAT/XAT score is required. The applicants are selected on the performance in the entrance exam, group discussion, and personal interview.
-
The grand total fees are around 10 lacs.
Placements:
-
The highest salary offered is 14 LPA and the average salary offered is 6 LPA.
-
The top recruiters include Tata, ICICI, HDFC Mutual fund, Mahindra Finance.
WESCHOOL Mumbai:
Admission:
Admission to the PGDM HRM at WESCHOOL Mumbai is based on CAT/XAT/CMAT/ATMA score, academic performance, work experience, group activity, and personal interview.
Placements:
-
The highest salary offered is 12 LPA and the average salary offered is 7 LPA.
-
The top recruiters include Deloitte USI, GEP, Accenture, Nestle, Morgan Stanley.
SIES Mumbai:
Admission:
-
The basic selection criteria of admission is through the entrance test followed by Group Discussion and Personal Interview.
-
Applicants applying for admission in SIES need to appear for one of these entrance exams, CAT/MAT /XAT/CMAT /ATMA/MH-CET.
Placements:
-
The highest salary offered is 18 LPA and the average salary offered is 7 LPA.
-
Some of the major recruiters at SIEM are Aditya Birla Capital, Phoenix, FCB, KPMG, TCS, MARICO, Philips, Reliance Group.
XIME Bangalore:
Admission:
-
The students having graduate degrees with 50% and above marks are eligible for admission into the MBA HRM program.
-
An entrance test score of 75% and above is required in CAT/XAT/GMAT/MAT/ATMA/CMAT.
-
The grand total fees for studying at Xime is around 10 lacs.
Placements:
-
The highest salary package offered is 16.5 LPA however, the average salary package is 7 LPA.
-
The top recruiters include Deloitte, Infosys, Wipro, HDFC Bank.
The placement stats and total fees are similar in all the colleges. The student can choose any of them for an HRM specialization.
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