TAPMI is a deemed university under Section 3 of the University Grants Commission (UGC) Act, 1956. The Indian Ministry of Human Resource Development declared TAPMI a deemed university in 2002.
TAPMI's academic programmes, degrees, and research are independent as a considered university. Students will receive MBAs after TAPMI merges with MAHE. 2022-23 TAPMI students will receive MBAs. Their students can now receive MBA degrees.
TAPMI Trust, Governing Council, and Board of Management Studies control the autonomous institute.
TAPMI collaborates with major foreign institutions and industry partners and ranks among India's best business schools.
Since you haven't mentioned your background or favorite stream, I'll answer generally. Both schools seem fine. You can take IMT if you want to work in marketing. In your case, DCP's fees are a bit high, but you get a good amount of exposure. You can take IMT if you want to work in marketing. In your case, DCP's fees are a bit high, but you get a good amount of exposure. Placements are a mix of your character and luck, so everything depends on both.
This data has been obtained from the official website of TAPMI.
Eligibility Criteria
Minimum aggregate score of 60% in both X and XII examinations.
Students will be shortlisted and informed at their registered email address. Thereafter, candidates will have to appear for an online interview and micro-presentation (20-25 minutes duration overall).
The final selection for admission to the program would be based on,
Program Fees is araound INR 3.75 Lakhs per year.
If you want to specialize in finance and want a career in that area, you should choose TAPMI PGDM(B&FS).
If you're unsure which area to go into, you should choose PGDM. In the first three terms, you'll learn about all the different fields, and then in the second year, you'll choose your specialization.
Having said that, let me tell you that if your choice is based on a brand name, you need to sit down and think about what you want to get out of the next two years while you are getting your degree.
If you stay in NCR, you'll always have a lot of chances to work outside of your schoolwork.
TAPMI is better than K.J Somaiya. You won’t receive good job roles in consulting through the placement drive of these institutes. But TAPMI has a better brand value and offers good placement opportunities. Around 34% of students got placements in the consulting sector during TAPMI placements in 2022. The average CTC offered in this sector was INR 12 LPA.
For IMT G, there are companies coming for international placements but their numbers are limited. For IMI Delhi and Tapmi too the number is limited to 4-5 international offers being rolled out. The figures are not consistent throughout the years and there might be an increase or decrease in the number of offers year on year.
IIMs give you the brand value that they have garnered over the years. New IIMs are growing at a tremendous pace in terms of placements. New IIMs are better than TAPMI. However, IMT Ghaziabad has an edge in terms of the location and pool of companies that visit the campus.
The table below further gives a head-on comparison of placement statistics of these institutes
Particulars |
TAPMI Manipal |
IIM Nagpur |
IIM Vizag |
Highest Package |
INR 22.3 LPA |
INR 31.54 LPA |
INR 32.65 LPA |
Average Package |
INR 15.7 LPA |
INR 15.21 LPA |
INR 16.61 LPA |
Fees |
INR 15.50 LPA |
INR 18 LPA |
INR 16.5 LPA |
So, one can choose to keep these factors in their mind.
If you are 25-26 years of age, I would suggest you go for one more attempt along with your job. If you even get into TAPMI with this much experience there are high chances that you will not get a good placement.
Having this much work experience, you can go for MBA from BLACKI (Banglore, Lucknow, Ahmedabad, Calcutta, Kozhikode, Indore), XLRI Jamshedpur, FMS, and other premium institutes.
These institutes can easily offer a package of more than 25 lacs and even a good strategy and consulting profile and plus you can get a tag for a lifetime which will help you to accelerate your career.
TAPMI charges Rs.16,50,000 fees overall for MBA program and offers an average package at Rs. 12.5 LPA.
SRCC charges Rs. 3.20 Lakh overall and offers an average package of Rs. 13.2 LPA. So, the choice should go to SRCC considering the ROI.
You can check the following table to analyze the same:
Institutes |
Average Package (in INR) |
Fees |
ROI (Placement Package/ Fee) |
TAPMI |
12.50 LPA |
Rs. 16,50,000 |
0.75 |
SRCC |
13.20 LPA |
Rs. 3,20,000 |
4.125 |
You should look at the campus, the placement records, the faculties and connect with the alumni of these colleges before making an informed decision.
TAPMI has a 100% placement record with an average package of 12.6 LPA, while KJ Somaiya’s average package for 2023 is 12.28 LPA.