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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.

AG
Akriti Gupta Posted On : June 26th, 2023
lives in Mumbai, Maharashtra, India

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. 

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What is the quality of education at SPJIMR Mumbai (PGPM)? What kind of placements do they have after completing their course there? How does it compare to IIM’s placement records?

AG
Akriti Gupta Posted On : June 19th, 2023
lives in Mumbai, Maharashtra, India

SPJIMR Mumbai (PGPM), a top management school in India, provides high-quality education. The course balances theoretical and practical knowledge and emphasizes leadership abilities.

Many leading companies recruit the institute's graduates each year. Amazon, McKinsey & Company, and Accenture recruit SPJIMR Mumbai (PGPM) grads at 26 LPA on average.

SPJIMR Mumbai (PGPM) has strong placement records despite not being as well known as other IIMs. SPJIMR Mumbai (PGPM) has continually been one of India's top management colleges for placements. Below is a table comparing fees and placement records of SPJIMR and IIMs;

College

Fees (MBA/PGDM)

Highest Salary Package

Average Salary Package

SPJIMR

INR 20.42 Lakhs

INR 77.8 LPA

INR 33.02 LPA

IIMs

INR 12 Lakhs to INR 28 Lakhs

INR 35 LPA to INR 1.14 CPA

INR 15 LPA to INR 34 LPA

SPJIMR Mumbai (PGPM) offers a high-quality management education with a focus on leadership and a good possibility of securing a high-paying job after graduation. It may not have the same prestige as some IIMs, but it is a respected institute with a successful track record. Hope it helps, choose wisely, All the best!

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NMIMS vs. SPJIMR, which is a better B-school?

PB
Pratik Bahera Posted On : May 20th, 2022
studied at S. P. Jain Institute of Management and Research

SPJIMR is a better B-School. It has a unique curriculum and pedagogical approach. The institute offers learning opportunities beyond the classroom. There are practical-oriented courses such as PG lab and Design Thinking courses. These courses will help you get industry-ready. Faculty base of the institute is great. Most of the faculty members have years of experience in the corporate world. 

NMIMS has a huge intake of around 600. The large batch size causes problem during placements. SPJIMR has a batch strength of around 250.  So, each student gets decent chances in placements. According to the recent highlights of SPJIMR placements, students receive an average CTC of INR 30 LPA. 

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I would like to work abroad (in Canada) after MBA. What should I choose between IIM Indore and SPJIMR?

RM
Rahul Menon Posted On : March 15th, 2023
Studied at Indian Institute of Management Indore

It's important to weigh your options and decide if it aligns with your goals. Many students who have attended IIM Indore have found the experience to be incredibly valuable.

IIM Indore is an excellent choice if you're looking to immerse yourself in an environment with some of the brightest minds in the country. The institution offers a range of opportunities to explore various facets of leadership, marketing, entrepreneurship, and business theories, allowing you to develop a strong foundation and hone your skills. Many students have found the experience to be transformational, as they discovered their strengths and talents during their time at IIM Indore.

However, if your goal is to immigrate to Canada, pursuing an MBA in Canada may be a better choice. This would give you the opportunity to network with people in your field and learn about the Canadian business landscape, which would be valuable for your future endeavors.

Ultimately, the decision to attend IIM Indore or pursue an MBA in Canada depends on your goals and what you hope to achieve. Both options offer unique benefits, and it's up to you to decide which path is right for you.

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How is PGPM in Information Management from SPJIMR, in terms of placements and kind of roles offered?

PT
Pranjal Tiwari Posted On : March 2nd, 2023
PGDM (Executive) in Information Management, S. P. Jain Institute of Management and Research (SPJIMR)

Completing a specialization in a particular field can present many exciting career opportunities for a candidate. In the case of Information Technology, there are several career tracks that an individual can pursue. These include roles in Corporate IT, Consulting, Digital Businesses, Analytics, and IT Services and Products Management.

Each of these roles is at a mid to senior leadership level and is highly sought after by multinational corporations. These companies typically offer attractive compensation packages, including competitive salaries and benefits.

It is also worth mentioning that the institution offering the specialization program, in this case, SPJIMR, is among the very few that undergo a CRISIL audit. This level of scrutiny provides assurance to potential employers and highlights the high-quality education and training received by the candidate. The CRISIL audited report can be accessed on the SPJIMR website for those who are interested in learning more.

In conclusion, pursuing a specialization in Information Technology opens the door to many rewarding and lucrative career opportunities. With the right education, training, and experience, an individual can build a successful career in the dynamic and fast-paced world of technology.

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Which is best B School for career growth MDI, XLRI or SP Jain?

TR
Tanya Roy Posted On : October 22nd, 2020
Studied at Xavier School of Management (2016)

XLRI ranks 9th on the NIRF scale. It has been ranked at #1 in the Business and the Outlook. It is followed by MDI on #10 same as SP Jain.

Where XLRI and MDI have a 100% placement rate in general; SP Jain has a 76%-80% placement rate.

The table below highlights some features of the institutes-

Parameters

XLRI

MDI

SP Jain

Placement Rate

100%

100%

76%-89%

Number of Visiting Companies

108

106

11.5

Highest Package Offered 

INR 58.5 LPA

INR 40 LPA

INR 46 LPA

Total Students Participated

359

236

239

Fee 

INR 11.8 LPA

INR 9.2 LPA

INR 9.1 LPA

Average Package

INR 23 LPA

INR 20 LPA

INR 22 LPA

Faculty plays an important role in the establishment of career competency. All these institutions have well experienced faculty members from Indian and international universities. Where MDI has policy makers, academicians and managers as its teaching staff. SP Jain has in its permanent faculty, professors from Oxford University and the University of Geneva.

Infrastructure and Career Facilities

  • SP Jain institute has a cultural center, Yogkutir, cafeterias, libraries and hostels on-campus. It also holds an annual SBAC event in which leaders from the Indian business world participate.
  • MDI has a library, a corporate centre, students' and executives' hostels and a computer centre. In addition to this MDI is the first internationally accredited B-School and has an exchange program facility in which 2 of 3 brightest students get to study abroad. It also holds about 4-5 international conferences each year.
  • XLRI also has an international student exchange program and is the oldest and most prestigious B-SCHOOL in South Asia. It has 204 hostel rooms, 2 seminar halls, AV conference room, and a language lab as well.

Placement Data

  • XLRI saw multiple domestic offers at INR 50 LPA by the BFSI sector. 43% of the 2020 batch was recruited by PPOs. The major recruiters were KPMG, GAIL and PricewaterhouseCoopers.
  • The Major recruiters at MDI were Axis Bank; American Express, Yes Bank and Aditya Birla.
  • SP Jain students received 300 offers in 2020 with an average payment of 26.3 LPA which was 15.1% higher than the one made in 2019. The major recruiters were Bain and Company, Hindustan Unilever and Bajaj Finserv.

All the aforementioned institutes are infrastructurally advanced and have partnerships with industries. Hence students can select based on Res utilisation.

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How honest are the non-IIM MBA colleges (SPJIMR, NMIMS, SIBM, XLRI) when they say their average package is 12-15L?

FG
Falguni Gupta Posted On : April 27th, 2022
MBA Supply Chain Management & Strategy and Management Consulting, S. P. Jain Institute of Management and Research

SPJIMER, SIBM, and XLRI placement reports are pretty accurate. Rather than the typical average/median CTC method,  SPJIMER publishes its placement report in IPRS format. Every figure mentioned in the placement report is true to the 2nd decimal point. 

XLRI and SIBM also keep the placement report transparent. SIBM gets its placement audited regularly. As per the 2022 placement highlights, the average CTC for SPJIMER, SIBM, and XLRI were INR 23.6 LPA, INR 23.06 LPA, and INR 30.73 LPA respectively. 

NMIMS inflates the report. The numbers are quite high. 

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How are SPJIMR operations compared to NITIE operations in terms of placements, alumni, and teaching?

TS
Trisha Somwanshi Posted On : March 15th, 2023
Studied at SPJIMR

When it comes to operations, NITIE is unbeatable compared to SPJAIN for at least the next ten years, and the same is true for finance and marketing, as NITIE cannot beat SPJIMR for the next decade. Here are some reasons to consider:

  • Placements: If you're an operations graduate, NITIE has every recruiter you could possibly want, giving you more options to select the profile you want. Additionally, the average package is higher in SPJMIR, but that's due to factors such as batch strength with no reservation and the ability of private institutes to do more than government institutes. Overall, NITIE is the best choice for placement based on operations. 
  • Alumni: NITIE has a legacy of producing excellent graduates, and you'll find NITIE alumni at virtually every company. 
  • Teaching: SPJIMR has better professors for general courses, but NITIE has exceptional professors for operations elective courses. Ultimately, both are equivalent, and it comes down to how many case studies you complete. 
  • Diversity: NITIE only has engineers, while SPJIMR has a more vibrant crowd. Therefore, SPJIMR has the advantage in this area. 
  • ROI: Return on investment is the most important criterion when choosing a college. NITIE has the best ROI after FMS, making it an obvious choice. Big loans can drag down your package by 5-6 L a year, which is not worth it. 
  • Campus life: While my knowledge about this factor is limited, I have heard that SPJIMR doesn't have a proper campus and shares it with other colleges. NITIE has a larger and better campus, especially for nightlife. 

Overall, NITIE is a much better option than SPJIMR for operations and as a college in general. While SPJIMR has excellent marketing strategies, factors such as GFT and Rural internships are just gimmicks to bring the college into the top 10. Additionally, SPJIMR began inflating their placement reports due to institutes like MDI doing the same. It's essential to check the data for yourself and not settle for others' beliefs, as everyone has their own. NITIE is relatively unknown due to being a government institute that cannot advertise like SPJIMR or MDI. Additionally, the operation is not as prestigious a stream as finance and marketing in the corporate world, giving NITIE a bad reputation. However, NITIE is the clear choice for operations, and you should do your research and make an informed decision.

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What should I choose between SPJIMR marketing (PGDM) and IIM Kozhikode (PGP), having converted both?

NK
Naveen Kukreja Posted On : November 17th, 2022
Former MBA Participant at S. P. Jain Institute of Management and Research (SPJIMR) (2016–2018)

There are a few factors to consider before making a final decision.

  1. Brand: Those who are truly immersed in the MBA world understand that the IIM tag looks best with suffixes A, B, or C. Also, private institutions are far superior to many of the lower-ranked IIMs. Given the formidable brand, SPJIMR has built around itself, it is no less than an IIM, if not an IIMK.
  2. Curriculum: There will be no significant differences in curriculum because all of the great institutes have world-class faculty and a systematically designed curriculum. With its Global Fast Track (3 Week Program at Top US Universities) and Non-Classroom Initiatives, SPJIMR can provide an added advantage.
  3. Placements: SPJIMR has a consistently high placement rate across all four specializations, with a high average package and number of different roles available. IIM Kozhikode, on the other hand, has fallen short of expectations in terms of placement performance, particularly in the last 2-3 years, with the average package not rising above a certain point.
  4. Batch Dimensions: When it comes to placements, it is a major concern. SPJIMR has a perfect batch size of 241, whereas IIMK has a larger batch size, making placements more difficult.
  5. Fees: Both institutes have similar fee structures. However, with a higher average package, SPJIMR performs well in terms of ROI.

After all, it is your decision which institute to attend.

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Is the XLRI PGDM GM better than GL PGPM and SP Jain? If so, how?

AB
Atreyee Bose Posted On : October 22nd, 2020
PGDM GM from Xavier School of Management (Graduated 2018)

XLRI offers a 15 month, full-time residential program. It is one of XLRI'S flagship programs accredited by the AMBA. It includes a 3 months field training as well. Each batch has only 101 students selected on merit.

SP Jain's PGDM program is a 2-year program accredited by AMBA and NBA as well. This program allows flexibility in changing the major as well.

Here's an overview of the three institutes:

Parameters

GL (PGPM)

XLRI (PGDM)

SP Jain PGDM

Placement rate

100%

100%

100%

Campus size

27 acres

50 acres

45 acres

Total Seats

240

360

240

Fee 

11-15 LPA

23 LPA

17.50 LPA

Average Package 

13.6 LPA

24.3 LPA

22 LPA

Special Facts on Infrastructure and Program

SP Jain 

  • PGDM program has access to international visiting faculty members and students from Dauphine University (France), NUS (Singapore), Ledge Business School France, amongst others. Michigan State University and Cornell University are its B-School partners.
  • The institute has an amphitheater, residential facilities, and a library.

GL Bajaj

  • PGPM program has 50+ faculty members with more than 40 being well-known management gurus and 25+ faculty visiting from Stanford, Yale and Kellogg schools. The advisory council is headed by Ratan Tata.
  • The institute has a green campus and the first one in South Asia to be given a LEED Platinum Rating. There are sports facilities available for basketball, football, etc; a library and hostels are present on-campus as well.

XLRI 

  • PGDM has 900 contact hours, designed for working executives' needs in mind. 
  • There are 53 electives available to choose from.
  • XLRI also has a historic Sir Jehangir Ghandy library built-in 1947; a computer centre; AC lecture halls; Amphitheatre; and 4 residence halls.

Placement Data 2020

XLRI 

  • The highest salary offered to XLRI students was 30 LPA. 
  • Students were recruited for the roles of Associate Vice President, Product Manager, etc, by Cognizant, Axis Bank, Genpact, etc.

GL PGPM

  • Candidates were offered 13.6 LPA as the average pay and 28.6 LPA as the highest domestic pay. 
  • This year saw 15 new recruiters including ADP, Dell, Magic Bricks, and Zee Entertainment.

SP Jain

  • The institute's number of pre-placement offers (PPOs) and pre-placement interviews (PPIs) has been more than 40% over the years because of its Autumn internships. 
  • A rise of 15% in average CTC was also witnessed. 
  • A total of 80% of its batch received offers over 20 LPA.

Students can decide on a program based on the convenience of location and placements provided.

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