Get Answers on Test Preparation, Admissions & Campus Life
Study Abroad Countries
What is the difference in a PGDM and MMS placement scenario KJ Somaiya?
There is no difference between the placement for PGDM or Postgraduate Diploma in Management course and MMS or Master of Management Studies course offered by KJ Somaiya. The entire batch for both the courses goes through the same placement process.
According to the placement drive 2019-2020 statistics of KJ Somaiya, almost 97% of students have received placements. Students have received job offers from Industrial sectors like Banking and Insurance sector, IT and ITES, Financial Services, Consulting, FMCG, and Manufacturing.
The top recruiting companies included Polaris UK, Accenture, PwC, and Target Inc. A total of 165 companies participated in the placement program and the number of new recruiters was 39. The highest and average CTC received by the students were 28.5 LPA and 10.08 LPA.
The difference is in the PGDM and MMS is mainly the admission process, duration, and the fees. The placement procedure is more or less similar.
How is PGDM from IMS Noida?
According to the general opinion, IMS Ghaziabad is better than IMS Noida. This opinion seems to be right as IMS Noida has a very poor placement scenario with many unplaced students. I will suggest you keep IMS Noida as the last option and target better colleges provided that you have a MAT score of 96+. The two options you can consider before finally choosing IMS Noida are
- IPE PGDM Banking and Finance
- BIMM Pune
Most of the time the figures revealed online are misleading and inflated solely for advertisement. You can contact the alumni, mention your area of interest in the job and then enquire about
- Job profile security
- Bulk hire, and fire
- In hand salary
With relative knowledge about these, you might get a more honest picture. The last option is to re-attempt MAT and score higher than before so that you can target top tier 1 like Great Lakes, SIMSREE, XIME, and BIMTECH Noida which have sound credibility.
How good is SPJIMR's PGDM? I’m looking at the current placement records of over 26L average. Is it performing better than top B-schools like XLRI/FMS/IIM?
SPJIMR has been among the top 5 or 10 B Schools over the past few years consistently. Its brand value can be compared to XLRI, FMS, and even IIMs except for IIM ABC. This is because even now there are some roles offered to IIM ABC students that are not offered at SPJIMR. But this is not a major issue as these roles seek only extraordinary profiles and In Fact, many other roles offered at IIM ABC are lower than average.
In SPJIMR even the lowest package is decent and the range of salary is not very broad. This year, SPJIMR's average package stood at INR 33.02 LPA.
Other key points to note in comparison to old IIMs is that our Highest CTC is lower than that of IIMs but our Lowest CTC is higher than that of IIMs. So I will suggest anyone with an exceptionally good profile to choose IIM whereas someone with a decent average profile should go for SPJIMR only. It is important to note that getting roles at SPJIMR is a bit easier than IIMs mainly because of the small batch size and less competition.
What is the placement process at SPJIMR, Mumbai for the PGDM program?
There are mainly two placements: Internships Placements (called the Autumn placements) and Final Placements.
Internship placements: These placements take place usually in the month of July and August during the second year. Students end their internship by October. The FMCG companies visit for Marketing and Operation placements together. Finance and Information Management internships are more like a rolling process.
Final Placements: The final placements occur usually in the month of December. At this time, all the PPO results from internships are out and almost 50% of the batch has already been placed. SPJIMR does not encourage lateral placements and such cases are dealt with individually. The placement scenario for Information Management is pretty good offering amazing opportunities in both IT consulting as well as corporate IT.
What was your IMI Delhi PGDM interview experience like?
I have written about the interview experience of my sister who appeared for the same last year.
She reached the venue and had registration and a brief introduction about IMI by a Sir.
After the introduction, the candidates were allotted a topic for WAT. She got the ‘current USP of the market: offers more for less'. She wrote well including points related to competition, and technology reach, and gave examples of Reliance Jio.
Next, they had document verification and were given the serial number for the interview. She was ushered into a room with 2 panelists, a lady and a man in their 50s. The panelists seemed friendly and asked her what the other candidates told her about them. After a friendly exchange, they enquired about her work. She was also asked to justify her low marks in class 12 to which she confidently replied that she was busy preparing for IIT JEE. They asked her about the things she liked to do in her leisure time and her passions. When she told them that one of them was cycling, they asked her about the biggest Cycle race. They asked a few more questions related to cycling to which she had nearly no answers.
The topic soon switched to pities and they asked her about Maharashtra and Delhi CM and the controversies related to the Delhi CM. This too could not be answered by her.
They further asked her about her home state and related questions. Her extempore topic was ‘What Narendra Modi can do to stop engineers going for MBA to support his Make in India.’ She spoke about how investments can be made from foreign investors and the process of initiating a startup should become easier to promote entrepreneurship.
Lastly, she was asked about the other offers she had and if she was considering them or not and why so. She ended the interview by stating viable reasons as to why she was determined to join IMI Delhi only.
How is the ROI of IMS Ghaziabad..is it worth doing PGDM from there?
I wouldn’t call IMA Ghaziabad an excellent Institute. Rather it’s an average decent college with average placement statistics. The recent pass-outs and students are not fully satisfied with the college’s performance in terms of ROI and roles offered in placements. Substandard job profiles were offered and students have harshly criticized the systems.
Go for a college where getting admission is not a cakewalk rather it is challenging.
Contact alumni through your LinkedIn profile and enquire about the job profile stability and average take-home salary. If you are still very sure don’t just take admission half-heartedly and attempt CAT, and MAT again to target better colleges. This is better than joining IMS Ghaziabad under the pretext of 100% placement when in reality there is no job stability due to bulk hire.
How good is PGDM- Full time at IMT Ghaziabad with almost 4 years work ex?
IMT Ghaziabad placement and admission process both lay great emphasis on Work Experience. So your work experience of 4 years will define work in your favor not only during the GE-PI rounds but during placements also.
One way to determine if your admission will be worth leaving your job is to calculate your ROI (Fees vs Avg CTC *2 with 2 yrs of loss in pay based on your existing CTC).
If you are confident enough you target other better B Schools also for wider prospects. You can check the career prospects of the field you have been working in and in case you are switching careers do the same for that field too. Check the best offers in that line and compare it with other B Schools. Such in-depth research will help you make a better decision that you won’t regret later.
How good is IMT Ghaziabad for a PGDM (2 years)? Specifically, how good is the PGDM (F/T) program?
If you are really keen to join IMT Ghaziabad go for the DCP program only. It’s the only program worth spending your time and money on. It guarantees quality education, premium batch quality, faculty, and the overall environment. Also, IMT Ghaziabad is well known for its rich competition culture.
But there are many demerits that overshadow the merits of IMT Ghaziabad. For instance, the campus has an undisciplined environment owing to the influence of Delhi culture. The faculty is also deorbiting in the sense that they don’t care about the reputation of the institute anymore. The batch size is also a major disadvantage at IMT Ghaziabad. You shouldn’t expect a batch size lower than 500-600.
For those who take the DCP program, keep in mind that the internship opportunities will be difficult due to the difference in work culture. You will have to try hard to move forward.
Do your own part of research that is not just based on figures and then join the college.
How good is finance in IMT Ghaziabad? What are the placement opportunities? How is it compared to PGDM general?
IMT Ghaziabad is called the Mecca for Marketing. It’s well known for its specialization in Marketing, Sales, and Business Development based roles. I don't think it offers similar opportunities for finance as well. The placements are pretty good but getting internship offers is difficult for someone who is switching careers from IT to Finance.
So if you really want to pursue a career in Finance after your MBA from IMT Ghaziabad, you can try CFA, and FRM and have some past background in Finance
SUBSCRIBE TO OUR NEWS LETTER
