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How good is SCMHRD for MBA in finance?
One of my relatives who used to be a student of SCMHRD feels that the course is directly proportional to the quality or effort of the students who are a part of it.
He has shed some light on the following:
- Academics: The course curriculum can be a tad gruesome and it has more to do with finance as all the students are prepared to tough it out in finance. They will take some other specialization if not finance. So he advises the students and would-be students to prepare themselves. The course structure is similar to the standards of the industry and also on equal footing with other colleges of repute.
- Placements: Major banks like ICICI, Citibank, AXIS, HDFC, etc come to the institute for placements. They may offer positions like relationship managers or credit analysis, etc. They can also offer positions like equity research in HSBC, verity solutions, credit analysis in JPMC, DE Shaw, etc. You will be able to choose from a wide range of domains.
- Faculty: One of the teachers was CFA/FRM qualified. She had completed her CA, MBA, Ph.D., and was a banker.
- Background: Most of the candidates are from an engineering background. Some are from the CA background, BBA, and also from the commerce background.
The institute also provides a good platform for appearing in various events of the institute and corporate events. It can be a good way to stand out from the crowd.
Does IEM Kolkata have a management quota?
IEM Kolkata is one of the most preferred MBA colleges in Kolkata. It was ranked 188 for MBA by India Today 2019.
Yes, IEM Kolkata has a management quota and it is offered to the students who need it. For more details about the admission through management quota, you will need to visit the college and talk in person with the concerned authority.
The faculties at the institute are well-experienced and helpful. It has an active Placement cell too. According to the recent placement highlights the placement statistics are as follows.
- The highest placement package is INR 15.5 LPA.
- The average placement package is INR 4 LPA.
- The top recruiters include TCS, Cognizant, HDFC, WIPRO, Godrej, Honda, Tata, HP, and many more.
According to the student reviews, the management quota seats fill out pretty quickly. It is also pretty expensive. For more details about the same visit the campus in person
What was your Statement of Purpose for IIM Bangalore PGP?
An good SOP for IIM Bangalore should be a summary of your academic and extra-curricular activities, relevant work experience and your achievements. It should highlight the knowledge, skills, and values that you have picked up through your journey.
- Your SOP should tell your story. Add a bit of personal touch.
- Make it crisp, and maintain the word limit. Follow the specified font style and size.
- Don’t write your SOP as a resume.
- Make sure your SOP is original and unique. Don’t copy one from the internet.
- Take your time while writing your SOP.
- Make sure there’s no spelling mistakes or grammatical mistakes.
Your SOP will set the course of your interview at IIM Bangalore. So, assign ample time in writing it and make sure it’s depicting your story perfectly.
What is the CAT cutoff for the PGDM/MBA program at IMT Hyderabad?
CAT scores are just used for qualifying for evaluation and a high score does not guarantee admission. A person's managerial skills cannot be completely evaluated on the basis of the CAT score. So his entire profile is taken into consideration. IMT Hyderabad cutoff for General Category is listed below.
|
PGDM |
90 |
|
PGDM Marketing |
90 |
|
PGDM Finance |
90 |
The overall CAT cutoff is 90 percentile. However, it’s important to note that this cutoff depends on the relative pool of applications.
Once the candidates are shortlisted for the selection process the following things are considered for evaluation
- CT-GE-PI (Critical Thinking, Group Exercise, and Personal Interview)-70% weightage
- academic scores (10th, 12th, and graduation)-30% weightage.
So, apart from focusing on CAT, make sure you are preparing for the interview well!
What are some bitter truths about Great Lakes, Chennai, PGDM?
Great Lakes Chennai is a dream college of many MBA aspirants but the truth is it is kind of overestimated. One of my friends who is a recent pass-out, unveiled some dark truths about the institute
- The admission process at Great Lakes is highly biased and untransparent. The majority of seats are filled by Management quota thus affecting those who had high percentile and performed excellently in the interview.
- My friend also told me how Great Lakes charged registration fees for the WAT/PI round and filled those seats with Management quota.
- The rankings of the institute are forged and paid. Don't let these rankings make you believe that it is at par with top B Schools.
These were some harsh realities about the Great Lakes that I felt anyone planning to join it should be aware of.
Is rural management from XIMB - 3 years work experience with TCS worth it?
Firstly, it is important to understand what management means to you. Yes, just like People going to Microsoft or Google post-Engineering were passionate about coding/computers vis-a-vis those who opted for say a TCS/Wipro. Therefore, if a Management education is an escape route from the monotonous coding life, do not go for this degree. Simply because after a few years of working, you might find yourself in a regretful situation.
Now coming to XIMB, Bhubaneswar as a college, these are the key highlights.
- The colleges have an impeccable infrastructure.
- The faculty is great.
- Great campus culture
- Good placements
However, check the following reasons why you should not go for the Rural Management course.
- The Rural Management course requires a lot of fieldwork and expedition which won’t suffice the basic ROI model.
- The course is shifted to the other campus which is situated in a suburban area. This is a huge downfall as you might be curtailed from important facilities and infrastructure.
- Placement may not be that great, having invested 13 lacs as the course fee itself. With mediocre placement records, this might not be a good return on your investment.
- With a 3 year experience in TCS and a continuous C band, the salary you have now will be more or less equal to what you might get after placements. Hence, it won’t make a huge difference.
- Undoubtedly, the scope for courses like Rural Management is limited, that’s why most people who acquire an RM degree go for corporate jobs at last.
|
Categories |
Rural Management in XIMB |
|
Course Fee |
13.80 lakh |
|
Highest CTC |
13.2 LPA |
|
Average CTC |
9 LPA |
Overall, if you are very much into the management sector, go for courses like MBA and other PGDM courses instead of Rural Management. Limited scope, extensive fieldwork, mediocre placements is not a good return when you pay such a high fee. Hence, choose wisely.
How is PUMBA for MBA (placement is priority)?
Department of Management Science (PUMBA), Savitribai Phule Pune University offered decent placements to its students according to its 2021 placements. The institute maintained its achievements in terms of placement offers, CTC packages & job roles offered during its placement drive. During the PUMBA placements 2021, a total of 168 students opted to participate in the placement drive out of which 137 students got placements. According to the report, students bagged the highest CTC of INR 13.55 LPA and the average CTC stood at INR 6.74 LPA.
Prominent recruiters appeared in PUMBA were, Accenture, Bajaj Finance, Birla Soft, Colgate Palmolive, Crisil, Federal Bank, Global Data, HDFC Tresvista, HDFC Bank, Wipro, Tech Mahindra etc.
I currently have a salary of 25L as a product manager. Is it worth it doing an MBA further at ISB, Hyderabad or in US universities? I want to do entrepreneurship, and a MBA for networking
Since your main goal is to grow a stronger network, considering US universities is of no use. However, if you are okay with developing international networks US universities are a viable option.
Comparing ISB Hyderabad with a US university is a lengthy discussion. Your choice should depend on whether you are planning to settle abroad or settle within India. If your ultimate goal is settling abroad, US universities should be your only option.
If we compare the pay structure, the average package offered at ISB Hyderabad is nearly the same as your current salary whereas US universities offer 7 times better salaries.
Both options require a lot of effort from the initial stage. To get into either, you need a spectacular profile and an impactful application strategy.
How good are colleges like SIIB, TAPMI, Narsee Monjee Bangalore, KJ Somaiya and Goa institute of Management? Would it be worth to pursue MBA from these colleges after having 2 years of job experience?
Yes, all these are good colleges and it is worth doing your MBA from any of them after 2 years of work experience. On the other hand, a lot of it depends on various other factors.
The prime question that you should ask yourself is whether you want to pass out of these institutes for the sake of a degree or you would want to try harder for the next year and get into one of the top colleges with a good Percentile.
|
Category |
KJ Somaiya |
SIIB |
TAPMI |
Narsee Monjee Bangalore |
Goa Institute Of Management |
|
Ranking |
#56 by NIRF |
#34 |
#26 by NIRF |
#7 by Business Today |
#48 by NIRF |
|
Total Fee |
16.21 lakhs |
10.28 lakhs |
15.1 lakhs |
16.5 lakhs |
17.21 lakhs |
|
Cut off |
85-90 |
92 |
85% |
91 |
87% |
|
Companies Visited |
Quikr, Hindustan Unilever, etc. |
Zomato, H&M, ITC, etc. |
HDFC, ICICI, Deloitte, etc. |
Dell, Maruti Suzuki, Wipro, etc. |
BMW, JP Morgan, Reliance, etc. |
|
Highest Package |
29.75 lakhs |
45 lakhs |
25 lakhs |
21.38 lakhs |
25.6 lakhs |
When we talk about Average Placements, for those who have graduated from top engineering colleges such as IITs and NITs, the average placements for these colleges is less when compared to them and so, it is of no use joining these. Similarly, a person who is from a less renowned college would end up getting a higher-paid job.
The average salary for all these institutes falls under 10 LPA. Nevertheless, it is advisable to try harder for the next year and get a 95+ percentile. This will land you into one of the IIMs. 95% is a decent score for newer IIMs along with some old ones. Only IIM ABC needs a score of 99+. If your 10th, 12th, and Graduation marks are quite decent, then they will not cause any problems (except in the case of IIM A and B). And hence, you will eventually get a better job from an IIM.
How good are colleges like SIIB, TAPMI, Narsee Monjee Bangalore, KJ Somaiya and Goa institute of Management? Is it worth it to pursue MBA from these colleges after having 2 years of job experience?
SIIB, TAPMI, Narsee Monjee Bangalore, KJ Somaiya, and Goa Institute of Management are among top Indian B-schools. After two years of work experience, an MBA from one of these universities can boost your career and earnings.
Cut-Offs-
- Symbiosis Institute of International Business (SIIB) - 93%ile in SNAP
- TAPMI - 85%ile in CAT
- NMIMS Bangalore - 91%ile in NMAT
- GIM - 95 to 99%ile in CMAT 2023; 85 to 90 in CAT 2022; 80 to 85 in XAT 2023; 600+ Score in GMAT
- K J Somaiya - 83-85 Percentile in CAT 2022; 70-73 Percentile in XAT 2023; 500-650 Score in GMAT; 280-290 score (Eqv.96-98 Percentile) in CMAT 2023. 225-230 Score in NMAT 2022
Average Salary -
- Symbiosis Institute of International Business (SIIB)- 13.12 LPA
- TAPMI - 15.7 LPA
- NMIMS, Bangalore - 14 LPA
- GIM - 14.3 LPA
- K J Somaiya - 12.23 LPA
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