Yes, it is, and it is how average works. Some are above and some are below the average package. Everyone does not and can not get the exact same package as the average package of any institute or college.
Below is the table showing the fees, average, highest, and the top 10 percent students average package;
Parameters |
TAPMI |
Fees |
INR 16 Lakhs |
Average Package |
INR 15.7 LPA |
Highest Package |
INR 23.3 LPA |
Top 10% Students Average Package |
INR 21.7 LPA |
Now after seeing this, yes some people get placed at low packages as well but why consider yourself in the below 10 percent of the students. Try and be in the top 10 percent instead.
Good Luck!
First of all, the fee structure for both the colleges is different NICMAR’s fees are around 8-10 lakhs for two years while TAPMI takes around 16 lakhs for two years.
Clearly, TAPMI is a better choice as TAPMI provides a great MBA culture for the overall development of a student. Placements wise TAPMI is much better than NICMAR, average placements for TAPMI is around 12 LPA while the average for NICMAR is around 5-6 LPA.
The GD topics will be basically general topics. Following are the list of GD topics asked during the process:-
WAT topics/Essay topics asked by the panelists are:-
As you are an Electronics Engineer, questions will be based on your technical expertise which is based on fundamentals. Be very specific regarding the choice of words, as there can be follow-up questions to your answers.
TAPMI is better than KJ Somaiya in many ranking lists. UBS Chandigarh provides a great RoI.
Particulars |
TAPMI Manipal |
KJ Somaiya |
UBS Chandigarh |
Highest Package |
INR 22.3 LPA |
INR 23.5 LPA |
INR 58.54 LPA |
Average Package |
INR 15.7 LPA |
INR 13 LPA |
INR 13.7 LPA |
Fees |
INR 15.50 LPA |
INR 19 LPA |
INR 2.56 LPA |
If one has to choose between these, you should go with UBS Chandigarh.
IRMA gives only 2% weightage to Graduation score. So low graduation score will not impact much. If you have more than 85%ile in CAT you will convert both the colleges based on the performance of Personal interviews as it has 35% weightage. DO well in PI and you are through the process to these prestigious colleges.
Students willing to pursue Rural Management should join IRMA. It is one of the best colleges in India for Rural Management. One of the major recruiters in IRMA is Amul.
TAPMI is famous for Marketing and Finance. Diverse roles are offered across lot of companies to the students. Students get a plethora of opportunities here to develop themselves and get industry ready.
TAPMI is one of the best B-schools among the other Tier 2 B-schools in India. TAPMI has raised the bar in recent years. This Manipal college is fighting hard with a stunning campus.
Campus infrastructure: Classrooms are better than many good B-schools. Well-equipped library and computer lab. It has no auditorium, thus students are inducted at a city auditorium. Hostel rooms are average. Good chaos, but often bad cuisine.
Average sporting facilities: TAPMI offers a variety of sports opportunities and physical activities for students to engage in. Cricket, basketball, volleyball, badminton, etc are some popular sports among students in TAPMI.
Faculty: Good and learned faculties teach students at TAPMI. The professors have work experience and industry exposure before teaching, so you get to learn a more practical approach to management.
Strictness: TAPMI is strict. Lift mountains to go home or out. Too many formalities to go home. Curfews are set in stone. No holidays. Complex dress codes. They often threaten placement bans and follow through.
Campus life: Hang out with friends until late on campus. The fests and festivities aren't as good as other institutions. The professor loves attendance, making intercollegiate competitions difficult!
Placements: 100% placement! Summer placements boost the average. Profiles are average. Location hurts placements. The place comm works hard. Placements are difficult due to their strength.TAPMI graduates CFOs and CMOs. Good alumni network.
Ranking: FORE and GIM are the main rivals. Location helps Fore during placement. Tapmi is a second-tier college. Location and batch size are challenges. IMT, XIMB, IMI, IRMA, etc. are better in rankings.
Most of the career and guidance websites have put TAPMI in the Tier-3 category. Comparing an MBA program from TAPMI to a master's in finance from a foreign country would certainly require us to know more details about the context.
If I talk about the ROI, TAPMI offers MBA programs across multiple domains in the fee range of 16 lacs - 19 lacs and has an average salary package of 13 lacs.
The cost of study at the University of Otago is surprisingly at par with TAPMI but the cost of living would definitely put your pockets off. The University of Otago charges a fee according to the courses you have enrolled in. The more subjects you take the more you gotta pay.
If you want exposure you could always try for foreign immersion program at TAPMI and other than the immersion program the college also offers you various opportunities to assimilate into the foreign company’s culture.
Narsee Monjee's BA, TAPMI's PGDM Core, and KJ Somaiya's PGDM Core have been praised by industry professionals. The perfect program for you relies on your preferences, goals, and skills.
Data analytics, machine learning, and business intelligence are the focus of NM’s BA program. Data analytics and allied students are targeted by the program. The program emphasizes technical skills and hands-on experience through projects and internships.
Finance, marketing, operations, and strategy are included in TAPMI's PGDM Core program. The program is for students who want to learn a wide range of management principles and abilities that may be used in numerous fields.
KJ Somaiya's PGDM Core program is also a general management program. Students acquire critical thinking, problem-solving, and decision-making abilities in the program.
Narsee Monjee's Business Analytics program is ranked higher by most major ranking organizations than TAPMI's PGDM Core and KJ Somaiya's. Rankings shouldn't be the only factor when making a decision.
The fee for the program at TAPMI is Rs. 6,00,000 plus GST which includes the accommodation fee. At TAPMI, Manipal – Participants are expected to bear food-related expenses at Manipal, the minimum cost of which would be around Rs. 4000/month for three meals. There are a variety of meal options at the student centre of TAPMI.
It is indeed true that TAPMI has a good reputation in the market, and it is well known for providing quality education and attracting high-quality students. Marketing exposure and placement for Marketing students are considered to be particularly strong at TAPMI, making it a popular choice for students interested in this field.
IMT Nagpur, on the other hand, also has its own strengths and maybe a better fit for some students. As you mentioned, the number of students per batch is a concern for both TAPMI and IMT Nagpur, and this could potentially impact the quality of education and the individual attention that students receive from faculty. Before making a final decision, it is indeed a good idea to visit the college websites and read the placement reports provided by NIRF to gain a more comprehensive understanding of the colleges' strengths and weaknesses.
In terms of the strict rules regarding attendance, it is important to be aware of these before making a final decision. Strict rules and regulations can be challenging for some students, so it is crucial to carefully consider your own study habits and how well you are likely to adapt to such an environment.
Ultimately, the best way to determine which college is right for you is to weigh your individual career goals, preferences, and priorities against the strengths and weaknesses of each college. By doing so, you can make an informed decision that will help you reach your full potential and achieve success in your chosen field.