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Is it worth joining NMIMS for an MBA?
Narsee Monjee Institute of Management Studies (NMIMS) is a premier B-School of India and it's worth every penny. If you are a dedicated MBA aspirant, this is one of the best choices you can opt for. My sister recently completed her MBA from NMIMS and here’s what she has to say.
Pros:
- Great industry exposure and corporate tie-ups
- Great infrastructure and facilities
- Great placement records
- You will get a brand tag of NMIMS which will help you throughout your career.
Cons:
- The fees are fairly high for most middle-class students.
- Only 15% of the total students get hostel facility and you will be given preference only if you hail from outside the city.
- Some professors are not up to the mark.
It is best recommended to look out for a college that fulfills your criteria. NMIMS is indeed a great choice due to its excellent infrastructure, industry exposure, and placement. However, the expensive fee structure and accommodation issues might be a concern for many. In the end, the choice is all yours.
Which course is better: a 2-year PGDM in distance learning at NMIMS or a PGDM in distance learning executive at IMT Ghaziabad?
You should definitely think of applying to NMIMS for PGDM in distance learning as compared to IMT Ghaziabad. There are various reasons for the same. In my opinion, you should look at the brand of the college, personal growth, quality, and expenses like fees that you may incur when it comes to choosing between the two.
Let me elaborate on these and a few other points below.
- Brand Value: The distance learning PGDM program at NMIMS has always been recognized as a brand. It is always better to study from a brand institute as compared to a non-brand one. You might have to shell out a little more money, but it will ultimately help you in the future.
- Professional Growth and Industrial connections: If you are particularly looking to boost your professional resume or would like to grow in your company, doing an MBA definitely does make sense. However, in my opinion, you should not just do a PGDM from any college. If you are looking for professional growth, you can bank upon NMIMS with your eyes closed.
- Affordable: The program is quite affordable. If you are an ambitious student, you will be able to get the most out of this program without shelling out too much money.
- Quality and Personal Growth: In order to have good prospects after your degree, you need to have the correct knowledge. You might get into an average college thinking you are getting the correct education when in reality, that might not be the case. If your concepts are not clear, it will further hamper your actions in the future and could affect your personal growth.
- Exposure: If you plan to move abroad post the degree, it is necessary to earn the degree from a recognized institute. If you choose NMIMS PGDM, you will have worldwide recognition.
Thus, NMIMS is much better as compared to IMT Ghaziabad and my strong recommendation would be for this college.
How good is the NMIMS Mumbai BBA programme? How are the placements, the summer internship for this year, and recognition by top IIMs?
The Bachelor of Business Administration program at NMIMS is pretty good and ranks 3 across the country. My brother completed his BBA from NMIMS Mumbai in 2016 and during his time the average package was INR 3 LPA. Currently, the median salary is INR 4.8 LPA. The companies that visit the campus for BBA placements are
- ACCENTURE
- Aircel
- Airtel
- Allahabad Bank
- Ambuja Cement
- Bank of Baroda
- Goldman Sachs
- HCL Technologies
You will have a lot of opportunities and the crowd is also talented in almost everything. Multiple internships offered mainly from Intershala are offered to students at different times. The timings can vary from division to division and depend on your semester as well.
Which program should I opt for in the NMIMS, an MBA or a PGDM?
One of my friends was an MBA alumnus at NMIMS and here are some facts about NMIMS that might give you a clear idea about it.
- PGDM and MBA are 2 names for the same degree. Some colleges award a Postgraduate Diploma in Management (PGDM) whereas some colleges award Masters in Business Administration (MBA).
- The School of Business Management, NMIMS awards an MBA degree upon the successful completion of the course.
- NMIMS offers Executive MBA targeting working professionals with more than 5 years of work experience.
- Additionally, the executive program is more expensive than the regular distance MBA.
|
Particulars |
Stats |
|
Total fees |
22.6 Lakhs |
|
Highest salary |
25 LPA |
|
Average salary |
8 LPA |
|
Median salary |
6.5 to 14.8 LPA |
|
Lowest salary |
5 LPA |
So, MBA is better than PGDM.
Which college is better for an MBA in marketing: NMIMS Mumbai or MICA Ahmedabad?
If you are looking for a college with a strong faculty pool, it's worth noting that MICA's faculty pool is better. Their faculty members have done impressive research work, and they've had CXO-level professionals from FMCG, FMCD, Advertising, and BFSI sectors take classes as visiting faculty and guest industry lecturers.
Both MICA and NMIMS have extremely strong alumni networks with alumni in impressive positions and careers. However, if you are interested in marketing specifically, MICA's alumni may be more advantageous as they have traditionally dominated this field.
Regarding placements, NMIMS has a slight advantage in terms of median and average packages. However, it's important to consider that the profiles that come to each college are different. While MICA is well-represented in other sectors, they haven't had consulting companies on campus, while NMIMS has been lagging in Advertising.
The fee and ROI are similar for both colleges, and they have similar student pools. However, a key differentiator is Campus Life. MICA has one of the most beautiful campuses in India, spread across 19 acres with over 3000 trees and well-maintained. In contrast, NMIMS is a typical 7-floor conglomerate office with zero foot space outside the building, and students do not live on campus.
These were essential parameters that mattered to the person who conducted the research, and they ended up selecting MICA over NMIMS. If these factors are important to you, then MICA might be the better choice for you too.
Shall I go for PGDBM from NMIMS, or shall I go for PGCBM from XLRI, Jamshedpur? Please feel free to advice any other course, apart from these two related to EMBA. I have 5 plus years of experience.
XLRI has a strong reputation for Human Resource (HR) management and Industrial Relations (IR) studies. If an individual is specifically interested in HR/IR, then XLRI would be a better option compared to NMIMS (Narsee Monjee Institute of Management Studies). However, if you are looking for a general management program, then NMIMS would be a better choice because of its excellent peer group and rigorous curriculum.
XLRI is still a good institute for other streams, but it is more specialized in HR and IR. Similarly, NMIMS is known for its general management program, and it may not have the same level of expertise as XLRI in HR/IR.
What is better, B.Sc. finance from NMIMS or CA?
Pursuing a CA from the Institute of Chartered Accountants of India is better than a BSc in Finance from NMIMS or any other institute. A professional degree has greater importance than any graduate degree. The career prospects after CA are certainly better than B.Sc in Finance.
How is the engineering (CS) at NMIMS Mumbai?
The answer entails my unbiased opinion on Computer Science Engineering at NMIMS Mumbai.
- The curriculum is relevant to recent trends and is up to date.
- The infrastructure is pretty good
- Well-equipped and clean
- The faculty is decent in number, competency, and experience
- The pedagogy adopted is Outcome Based Education as per NBA norms.
- The campus life is lively with a lot of indoor and outdoor activities
- The library is decked with great materials
- The crowd is a rich blend of versatile students
Eventually, it’s you who decided what to and how much to make out of a course from the institute. Your decisions on how to study, divide your time, and include extracurricular activities are what determine the value of the course you are pursuing.
What's the actual reality of placements in the NMIMS Mumbai MBA core program in 2022-23?
NMIMS (Narsee Monjee Institute of Management Studies) is a well-known business school in India that is known for its rigorous academic programs and strong ties to the business world.NMIMS Mumbai is a well-known place to study management, and its Masters of Business Administration (MBA) program is very popular with students.
Recruiters from many different fields, such as consulting, banking, e-commerce, FMCG, and IT, took part in the hiring season at NMIMS Mumbai for MBA 2023. The school has a great record of getting people jobs, and the MBA program is no different. The placement season for the MBA class of 2023 would usually happen in the second half of 2022 or the beginning of 2023. Over 148 companies came to recruit students on campus. Among these 52 were new recruiters and 84 were Fortune 500 recruiters.
The average package stood at INR 26.63 lakhs and the highest package stood at INR 67.8 Lakhs. Top recruiters were Aditya Birla Capital, American Express, AXIS Bank, Goldman Sachs, HDFC, Luminous, Mahindra, Piramal, Reliance, Accenture, IBM, EY, PWC, etc.
Which is better, Atlas Skilltech University or NMIMS Mumbai for a BBA?
There should not be any comparison between the two colleges since NMIMS has far better career prospects than Atlas Skilltech University and you should definitely choose NMIMS over Atlas unless you have a valid reason to go to Atlas University.
It’s a relatively new college, it started in 2021 only and doesn’t have any accreditation whatsoever. Although the concept of opening such a university that is supposed to be focused on new-age urban multidisciplinary activities is laudable the fee of 12-13 lacs for a BBA is somewhat not justified. NMIMS on the other hand is a well-established college and enjoys a rich legacy. The curriculum is also very rigorous and makes you future-ready.
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