International Management Institute has been ranked 9th and 28th for private MBA by Outlook and NIRF respectively. The college offers Post Graduate Diploma in Management in Banking & Financial Services as a two-year course. The fees for the course is 17.68 lakhs for the full period.
Infrastructure & Facilities
Placements
IMI Delhi has been ranked highly among the top private universities in the country. The college has a very active placement cell which aims at providing a perfect placement rate consistently. The return on investment for the course is also extremely good, which makes it a recommendable institute. The curriculum is industry-based providing students with better knowledge for the corporate world.
IMT is a well-established college and comparing it to a mediocre college like TAPMI is not justifiable. Of the two, IMT Ghaziabad is clearly a better choice. To explain further I have compared both these institutes on the basis of some parameters like
Particulars |
IMT Ghaziabad |
TAPMI |
Number of recruiters |
130+ |
21 |
Highest CTC |
INR 62 LPA |
INR 22.3 LPA |
Average CTC |
INR 15.28 LPA |
INR 15.7 LPA |
Top Recruiters |
Morgan Stanley, BCG, Accenture Consulting, Goldman Sachs, Google, Infosys Consulting, Emami International, TATA Consumer Product |
EY, HDFC Bank, HSBC Bank, Tata Capital |
From the table you can easily infer that the placement scenario is far better at IMT Ghaziabad than TAPMI. In fact in almost all aspects IMT Ghaziabad is way ahead so it’s definitely a better choice than TAPMI.
I feel for Finance, TAPMI would be a much better option because it is good for finances in the Tier 2 league.
But if you wish to explore other fields, such as marketing, operations, or analytics, or if you are not entirely sure of your profession, choose the Fore Delhi PGDM.
Without a doubt, Fore is a top university, and your geographic location gives you an advantage. Additionally, placements this year have been excellent for all tier institutions.
The infrastructure, faculties, and other facilities are similar in all TAPMI courses. So, it boils down to the placements of BFSI.
With an average package of 15.7 lakhs per year, the Manipal-based TA Pai Management Institute (TAPMI) boasts 100% placement in the PGDM-BKFS (Post Graduation Diploma in Management - Banking and Financial Services) program for the class of 2021–23.
The highest package awarded this year was Rs 22.3 lakh; the top 10 students received average CTCs of Rs 21.7 lakh. The highest package awarded this year was Rs 22.3 lakh; the top 10 students received average CTCs of Rs 21.7 lakh.
All 59 of the students who qualified for placements were distributed among 21 different companies. Of these, pre-placement through summer internships was offered to 17 students, with an average compensation of 15.7 lakhs.
However, it totally depends on your interest in doing PGDM in finance. If you are interested in any other domain, then BFSI is not for you.
International Management Institute or IMI is a self-financed private university with accreditation from AICTE, located in Delhi. It had a rank of 28 in the management category in NIRF 2020.
The PGDM B&FS course at IMI Delhi aims to impart holistically, managerial competency skills with technical expertise in the Banking and Financial Services industry. To be eligible for admission, graduates are expected to have passed with a minimum of 50% along with their CAT score. At IMI Delhi, for the PGDM program, fees amount to a total of Rs. 18.29 lakhs. The cutoff for CAT in the year 2019 was 90.
Placements:
At IMI Delhi, more than 30 pre-placement offers (PPOs) were offered to students. BFSI sector was the largest recruiter with 29% of the total offers followed by the IT/ITES sector with 28% and the Consulting/E-commerce sector with 26% of the total offers respectively.
Over 86 recruiters were part of the placement process.
In IMI Delhi, summer internships saw the highest stipend of Rs. 2 LPA and an average stipend of Rs. 60,486, from top recruiters like HSBC, Capgemini, BMW, Deloitte, EY, etc.
IMI Delhi’s Alumni network includes alumni from companies like Infosys, Ey, Deloitte, Genpact, Wipro, etc.
For the year 2020, the placement statistics for the institutes are as follows.
Aspect |
IMI Delhi |
Major recruiters |
American Express, Axis Bank, CRISIL, Goldman Sachs, HDFC, HSBC. |
Highest CTC |
Rs. 22 LPA |
Average CTC |
Rs. 13.07 LPA |
Average package:
Notably, the Average CTC (Top 10%) and Average CTC ( Top 25%) for PGDM BFS are Rs. 17.84 LPA and Rs. 15.69 LPA respectively.
Average CTC |
Course |
Rs. 13.28 LPA |
PGDM |
Rs. 12.88 LPA |
PGDM BFS |
Rs. 12.25 LPA |
PGDM HR |
We can see from the above facts that the average package for the PGDM BFS program for IMI Delhi is Rs. 12.88 LPA and the overall average packages are in the range of Rs. 12 Lakhs to Rs. 14 Lakhs.
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.
The Indira Gandhi National Open University is a well-established distance learning institute that offers degrees to students in various fields. It is AICTE and NCTE approved. The MBA in Banking and Finance program has been established by the school of Management Studies at IGNOU after an MoU between the college and the Indian Institute of Banking and Finance.
The following points highlight a few important aspects of the program.
Fee Structure, and Eligibility:
The course duration ranges from 2.5 years to 8 years depending on the time the candidate has to complete the degree.
A total course fee of INR 37,800 is charged for the degree.
In order to be eligible for the program, the candidate must pass the CAIIB exam with the required qualifications.
The applicant must also be working in the banking and finance sector for a period of two years at least and a graduate from a recognized university.
Course Structure and Curriculum:
The course has a total of 21 courses of which include basic, specialization as well as integrative, and project courses.
In order to obtain the certificate of completion, all 21 courses must be completed by the student.
Subjects taught include strategic management, ethics, and corporate governance, research methodology, managerial economics, etc.
Evaluations are carried out in a continuous manner which constitutes 30% of the degree and the other 70% is determined by the term-end examination.
Job Prospects:
Since the course is a distance learning opportunity, with effective time management, students can study as well as look for courses on the job market.
This degree from IGNOU will help in gaining promotion as well as provide a job in the public and private sectors.
Jobs like factory supervision, operation management as well as managerial positions are available for students.
Other career options include roles in forecasting, purchasing, inventory management, production planning, etc.
Obtaining an MBA in Banking and Finance will open up a lot of new opportunities and definitely provide a career boost with the convenience of completing the degree at the desired pace.
If you have the option of dropping a year and preparing for CAT, XAT, or other entrance exams, it may be worth considering. You can use the extra time to study and improve your scores, which could lead to better opportunities in the future.
However, if you have decided to pursue an MBA this year, there are several factors to consider before choosing between IMI and GLIM. You should look at the return on investment (ROI), fees, faculty, location, and placement records of both institutions to determine which one is a better fit for you.
It is important to note that neither the Business Forensic & Fraud Management (BF&S) program at IMI nor the Post Graduate Diploma in Management (PGDM) program at GLIM are the flagship programs of their respective institutions. You may want to research the other programs offered by each school to see if they align with your career goals.
Personally, I would recommend GLIM over IMI. However, you should make your decision based on your own research and preferences, taking into account factors such as the curriculum, faculty, industry connections, and career prospects. It is important to choose a program that aligns with your career aspirations and provides the best value for your investment in terms of education, skills, and networking opportunities.
IMT Ghaziabad and IMI Delhi both are premiere institutes catering to the domain of management. To get a clear view we need to understand both the options comprehensively.
IMT offers a long intense international experience for the Dual Country Program and the opportunities to experience international waters and work with dynamic organizations.
IMI Delhi Banking & Finance gives a comprehensive program for high-quality banking acumen development. The important details to be focused upon are as follows.
Admission:
Both IMT Ghaziabad & Delhi provide an affordable range of fees in sync with the facilities offered.
IMT Ghaziabad fees are INR 22 Lakh while it stands at INR 18 Lakh for IMI Delhi.
IMT Ghaziabad provides 120 seats in comparison to 50 seats in IMI Delhi.
For both the institutes, the eligibility criterion stands at graduation with a valid CAT/ MAT/ GMAT score.
Course Details:
IMT Ghaziabad offers the Dual Country Program in two countries,i.e. first year in Dubai and second in Ghaziabad.
IMI Delhi Banking & Finance provides you the needed professional exposure in order to cater to the banking requirements of the market.
Internships:
In IMT Ghaziabad, after finishing 1 year, students are given opportunities to intern in UAE & Middle East countries. The stipend details are as follows.
Highest |
Average |
Median |
3650 AED/Month |
1873 AED/Month |
1800 AED/Month |
IMI Banking & Finance gives internship opportunities with leading banks in the market for 3 to 6 months.
Placements:
The major companies involved in offering job opportunities are Pidilite, Genpact, RSA Global, SAIL, Mahindra Holidays, ITC Hotels in the case of IMI Ghaziabad. The average package is around INR 12-14 LPA while the highest stands at INR 34 LPA
All candidates of recent batches of IMI Delhi Banking & Finance were placed at good companies like HCL, EY INDIA, ICICI BANK, Deloitte, Grail Insights.
The choice between two depends on whether you prioritize domain-specific or location-specific learning. Greater exposure requirements can be catered by IMT while IMI Delhi offers sector-specific exposure and opportunities.
Times Pro offers a 2-year MBA program in Banking and Financial Services in two ways. One in collaboration with Bennett University, Greater Noida while the other in partnership with Ajeenkya DY Patil University, Pune. The institute is a subsidiary of one of India's largest media conglomerates, Times of India. It uses its vast connection with Corporate Partners to upskill its students and provides them with real-world work experience.
Indira Institute of Management, Pune offers an MBA in Financial Management. Students doing their post-graduation from this university have a broader scope as they are more flexible in choosing their career paths. Here summer training, live projects, winter internships, and industry visits, etc. are all part of the curriculum.