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How is VGSoM IIT KGP as compared to NMIMS Mumbai?

AS
Ajit Sahoo Posted On : November 3rd, 2020
MBA in Supply Chain Management & Marketing, VGSOM, IIT Kharagpur (Graduated 2017)

VGSoM is a Business School, focused solely on offering full-time residential management degrees available in various streams, as opposed to NMIMS, which expands to offering UG, PG, and diploma degrees in law, Commerce, Engineering, Arts, and Science degrees to thousands of students each year.

Here are some highlights of both of these universities.

Parameters

VGSoM IIT KGP

NMIMS Mumbai

Institute Ranking (India Today)

22

9

Placement Percentage

100%

100%

Average Fee

INR 5.22 LPA

INR 9.25 LPA

Average Package (MBA)

INR 18.1 LPA

INR 18.33 LPA

Hostel Fee

INR 22300

INR 1,80,000

Admission Criteria:

Both of these universities follow merit-based admissions, from scores determined by entrance exams and written tests.

VGSoM, IIT KGP: MBA aspirants are required to have a graduation degree along with CAT exam scores.

NMIMS, Mumbai: MBA aspirants are required to score 50% in their graduation degree and have the NMAT entrance exam scores.

Infrastructure:

VGSoM, IIT KGP:

  • VGSoM campus is a part of the 2100 acre IIT KGP hold, settled in the heart of the city.

  • The campus houses massive classrooms, computer & IT labs, auditorium, cafeteria, hostel, sports complex, among other basic amenities.

NMIMS, Mumbai:

  • NMIMS is housed with a new campus with world-class amenities and state of the art technology, stretching across its 3,50,000 square feet campus.

  • The new campus has a 10-story building, housing 60 classrooms, a massive library, conference rooms, placement hall, examination hall, and other offices.

Placement:

VGSoM, IIT KGP:

  • Over 70 recruiters participated in the campus drive, driving talent from VGSOM.

  • The packages vary from 10 LPA to 30 LPA, each year.

  • From the 2018-2020 class, the highest package rose up to 29 LPA, with the average being set at 18.1 LPA.

NMIMS, Mumbai:

  • NMIMS holds annual placement drives with a success rate of 100%.

  • As per the recent cycle, the highest package offered to students was 30.37 LPA, whereas the average salary package offered to students came up to approximately 17.97 LPA.

  • Bank of America, Deloitte, Vedanta, Accenture, Amdocs, Aditya Birla, and Google are some of the highest paying companies pooling talent from NMIMS every year.

All the institutes run a tight ship and deliver great results, given the atmosphere. Here, VGSoM has a better edge when it comes to Management degrees. Students must consider the college with the best Return on Investment ratio and teaching environment.

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Which is better in terms of placement and brand value, JBIMS Mumbai or VGSOM IIT Kharagpur?

AG
Ayan Ghosh Posted On : January 23rd, 2021
PGDM from Indian Institute of Management Lucknow

Both the colleges are reputed among students and offer decent ROI, a well-connected alumni network, and good placement opportunities.

Let’s have an overview for both the colleges one by one.

JBIMS:

  • The average package offered went up to Rs.22.84 LPA in 2020 from Rs.20.13 LPA last year. The best package increased to Rs.34.36 LPA in 2020 from Rs.32.30 LPA last year. The median salary increased to Rs.22 LPA in 2020 from the previous year.
  • The course fee for JBIMS is 7-1.52 lakhs. 
  • JBIMS accepts admission through CAT/MH-CET.

VGSoM:

  • The average salary rose from Rs.15.50 LPA last year to Rs.23.20 LPA in 2020. The highest pay offered was Rs.20.50 LPA. The median salary increased from Rs.14.76 LPA last year to Rs.16.99 LPA in 2020.
  • VGSoM charges around 10 lakhs for MBA.
  • VGSoM takes admission based on CAT scores.

JBIMS Mumbai offers MIMS while VGSoM offers MBA. Both the institutes are good.

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How are the placements at VGSOM, IIT Kharagpur?

RS
Ruhani Sharma Posted On : November 3rd, 2020
Studied at Vinod Gupta School of Management, IIT Kharagpur (Graduated 2015)

VGSOM, a Business School extension of IIT Kharagpur's engineering college, offers 2-year MBA degrees and 3-year post-graduate MBA degree and P.hD curriculums to thousands of deserving students each year.

Keeping up with the campus drive of the last 5 years, the college recorded 100% placements for students of the 2018-2020 batch. More than 130 offers across IT, Manufacturing, BFSI, and E-commerce sectors were received by eligible graduates. The institute is ranked 6th by the prestigious NIRF ranking.

Overall Placement:

  • Over 70 recruiters participated in the campus drive, driving talent from VGSOM.

  • The packages vary from 10 LPA to 30 LPA, each year.

  • Each bath has 128-130 students, with all of them receiving reasonable offers each year.

  • From the 2018-2020 class, the highest package rose up to 29 LPA, with the average being set at 18.1 LPA.

2018-2020 Placement:

The 2018-2020 placement cycle set many records in terms of package offerings and student acceptances.

  • The batch achieved 100% placement in terms of internships and job offers, with the highest stipend being 2.9 LPA, and an average setting up to 1.07 LPA.

  • Over 70 recruiters pooled talent from the class of 2020.

  • Deloitte, Ford, Nissan, Google, PwC, and Amazon count among the top recruiting class.

  • In the academic year of 2018-2020, the placement cell saw an upward trend, with the highest CTC being INR 29 LPA.

  • INR 9.55 LPA was the minimum offer attracted by qualified graduates.

  • The median CTC of the top 25% of the 2020 batch is INR 23.2 LPA.

  • The median CTC of the rest of the class is INR 16.99 LPA.

Sectors

Placement Rate

Leading Recruiters

IT/ITES

11%

Facebook, ITC, Genpact, Infotech, Bloomberg

Consulting

26%

PwC, Ernst, Mckinsey & Co., Deloitte, Axtria

BFSI

12%

HSBC, IDFC Bank, Oxane Partners

Analytics

15%

Accenture, Axtria, Loadshare

Sales & Marketing

17%

Amazon, Arvind, Titan, Texas Instruments, Crompton

Operations

19%

Ford, ITC, Vedanta, Copart, Mahindra

VGSoM runs an extremely sophisticated placement cycle, and positions such as Sales Management, Business Analyst, IT Consulting, Product Management, Financial Advisory, IT Consulting, and Business Advisory are offered in each academic cycle. Considering the handsome Fee to Package ratio, VGSoM is pretty good at placement.

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Which would be a better choice for an MBA-IMI/VGSoM?

RS
Rajeev Sen Posted On : January 23rd, 2021
MBA, IIM Kolkata (2019)

There are some assumptions that help to select any business school. And they're valid for all top business schools at least the top 20. Go through these assumptions and see which B-Schools are closest to them.

The table given below shows a detailed overview of the institutes.

Particulars

IIT Kharagpur VGSoM

IMI

Median Salary

Rs 16.29 LPA

Rs 27.5 LPA

Entrance Criteria

CAT

CAT/GMAT

Fees

Rs. 10,82,000

Rs. 27,00,000

Deciding Factor:

  • Many Business schools today are student-driven businesses and it has nothing to do with anyone else. No other factors such as faculty, infrastructure, knowledge capital do not matter as much. If the infrastructure were the issue then FMS or JBIMS would have been a long way behind. Most of the reputed B-Schools are all about their students, clubs, events, committees, placement drives, etc. 
  • Alumni is one of the most important factors to consider for choosing a B-School. That is why many management institutes like FMS, JBIMS, IMT- GZBD thrives.
  • What activity you are deciding on, in an enterprise college is categorized into clubs and committees, business college events (this one receives you plenty of prize cash too), academics (good academics and accurate CGPA offers better placements).
  • Rankings no longer matter much for the pinnacle 10–15 schools.
  • Placements depend a lot on alumni base and past history. For most business schools the percentage of companies coming back for placement is around 50%. It is all about reinventing the contacts and alumni are the best options for that. 
  • You may hear a certain institute is better for Finance or Marketing. Which is not entirely true. Placement depends on hard work.

Go through the factors given above and choose the institute that fits these factors.

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Who are some of the notable alumni of VGSoM?

PM
Priya Mitra Posted On : January 3rd, 2022
studied at Times School of Journalism, Delhi (2019)

Among lots of successful students here are some of the notable alumni of VGSoM:

  • Shibashish Roy, (MBA 2004) : Chief Business Officer - eCommerce and Marketing at Croma, Infiniti Retail Limited
  • Rabin Roy, (MBA 2009) : Managing Director and Founder of SunCraft Energy.
  • Devarsh Vakil, (MBA 2003) : Head Advisory, HDFC Securities.
  • Vadehra Deepak, (MBA 2004) : Regional Head - Sales and Product support at Ajax Engineering Pvt Ltd.
  • Somya Mohanty (MBA 2019) : Consultant at Monitor Deloitte.
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