Given a choice between the mentioned colleges, the best institution for Finance will surely be TAPMI School of Business for various reasons.

Let us first have a look at some statistics about all the three colleges.

TAPMI:

• Laboratories: One of the most exclusive reasons for choosing TAPMI is a well-equipped Finance Lab which helps students gain hands-on experience and understand core financial concepts through practical studies as opposed to only theory. The lab is equipped with 16 Bloomberg terminals and 7 Thomson Reuters terminals.

• Curriculum: The course curriculum for PGDM BKFS at the institute is CFA C-BOK (certified body of knowledge) and FRM (Financial Risk Management) certified and meets the latest global industry standards.

• Faculty: The program in Banking and Finance is backed by experienced faculty members who have years of experience in academics and industry.

• Accreditation: It is one of the few management institutions in the country to have a two-tier global accreditation, i.e AMBA, and AACSB.

• Extra-Curricular: The institute organizes multiple events, workshops, and industry visits to provide students with a well-rounded experience. Student managed investment funds and multiple club activities are all part of the module in finance.

IMT-G:

• It offers a PGDM program in Finance that has an industrial and financial backing overlooking a high number of companies for recruitments but fails to provide a high placement rate considering an exceptionally high batch size, which keeps the majority of the students from getting a full-time job.

• It observes the highest placements in the marketing department and sees very few core companies for finance, with corporate finance and banking jobs marking the minority. Apart from the brand name of IMT, it is not considered to be the best institute for a program in Finance.

KJ Somaiya:

The institute offers PGDM programs in Finance which are well-structured but fail to impress in terms of management and placements. While the fee structure of the program is lower compared to the other institutes, it observes many good companies as part of their recruitment drive due to the location, but still has an overall low placement rate within the Finance sector.

Given the three options, the best institute for a program in Finance would definitely be TAPMI School of Business for the well-structured curriculum, good placement opportunities, and facilities provided.

Almost all of the colleges listed here are in the top 20 list of MBA colleges in India for Finance. Among the new IIMs, the ones good for Finance are IIM Ranchi, IIM Rohtak, IIM Raipur, IIM Udaipur, and IIM Kashipur. 

Admission Criteria

Given below are the admission criteria for the institutes mentioned in the question.

• IIMs take admission based on the performance of the students in CAT/GMAT. For final selection into the program, IIMs conduct Written Ability Tests (WAT), Group Discussion (GD), and Personal Interviews (PI).
• XIMB accepts admission through CAT/GMAT/XAT score +  WAT + PI + GD.
• IMT G takes admission through CAT/XAT/GMAT/CMAT score + Group Exercise (GE) + Personal Interview (PI).
• IIT M selects students for admission based on their performance in CAT/GMAT + WAT + PI.
• IMI Delhi accepts CAT/GMAT/ATMA/CMAT/XAT score and students are selected based on their performance in Extempore, Essay Writing, and Personal Interview.
• TAPMI selects students based on their CAT/GMAT/XAT scores which is followed by WAT, PI, and GD. 

The table below draws a comparison of the MBA program offered by the institutes.

Top recruiters at these institutes include Tata Steel, Cognizant, Capgemini, Accenture, Apollo Munich, Godrej, Emami, Nestle, Titan, Maruti Suzuki, PCBL, HDFC Bank, Mu Sigma, Larsen & Toubro, GMR, Tata Steel, Godrej & Boyce, and Vedanta and many more. 

All of the mentioned institutes are good for MBA in Finance. However, based on facilities provided, course curriculum, and placements the order of preference should be IIM Shillong, new IIMs, XIMB, IMT-G, IMI-D, IIT-M, TAPMI.

IMT Ghaziabad and IMI Delhi both are premiere institutes catering to the domain of management. To get a clear view we need to understand both the options comprehensively.

IMT offers a long intense international experience for the Dual Country Program and the opportunities to experience international waters and work with dynamic organizations.

IMI Delhi Banking & Finance gives a comprehensive program for high-quality banking acumen development. The important details to be focused upon are as follows.

Admission:

Both IMT Ghaziabad & Delhi provide an affordable range of fees in sync with the facilities offered.

• IMT Ghaziabad fees are INR 22 Lakh while it stands at INR 18 Lakh for IMI Delhi.

• IMT Ghaziabad provides 120 seats in comparison to 50 seats in IMI Delhi.

• For both the institutes, the eligibility criterion stands at graduation with a valid CAT/ MAT/ GMAT score.

Course Details:

• IMT Ghaziabad offers the Dual Country Program in two countries,i.e. first year in Dubai and second in Ghaziabad.

• IMI Delhi Banking & Finance provides you the needed professional exposure in order to cater to the banking requirements of the market.

Internships:

• In IMT Ghaziabad, after finishing 1 year, students are given opportunities to intern in UAE & Middle East countries. The stipend details are as follows.

• IMI Banking & Finance gives internship opportunities with leading banks in the market for 3 to 6 months.

Placements:

• The major companies involved in offering job opportunities are Pidilite, Genpact, RSA Global, SAIL, Mahindra Holidays, ITC Hotels in the case of IMI Ghaziabad. The average package is around INR 12-14 LPA while the highest stands at INR 34 LPA

• All candidates of recent batches of IMI Delhi Banking & Finance were placed at good companies like HCL, EY INDIA, ICICI BANK, Deloitte, Grail Insights.

The choice between two depends on whether you prioritize domain-specific or location-specific learning. Greater exposure requirements can be catered by IMT while IMI Delhi offers sector-specific exposure and opportunities.

TAPMI, FORE, and IMT-DCP are some of the top institutes IN India offering PGDM (MBA) courses. All the above-mentioned institutes have their own perks. TAPMI is the better choice for Finance specialization. FORE has a location-wise benefit as it is located near the capital and industrial hub. Whereas, IMT-DCP offers international exposure. In general, TAPMI and FORE have better ROI, brand value, location, and placement as compared to IMT Ghaziabad.

Given below is the comparison of these colleges for pursuing an MBA.