Both NMIMS and St. Xavier’s are highly reputed institutes in Mumbai and ranked amongst the top 10. NMIMS is ranked 22nd by NIRF in the MBA category while St.Xavier’s is ranked 4th by The Week for Arts. NMIMS has international collaborations with University of Florida, TelAviv University and King's College London amongst many others. Both these institutes have highly qualified faculty who strive to curate global leaders.
Admission Process
NMIMS
St. Xavier’s
At St.Xavier’s, students are given admission for BMS based on a 60% weightage to Entrance Test and 40% weightage of Class XII aggregate marks.
Fee Structure
Placements
NMIMS
After BSc Economics at NMIMS, a student can pursue PG in economics/management, a career in finance/industry/banks, market research institutions as market analysts. The key placement highlights are:
St. Xavier’s
After BMS, a student can get into administration & operations, project management (executive level), enterprise management, human resource management & development, data management & system analysis, sales & marketing, and financial management. The notable features about placement statistics are:
BMS and BSc Economics are entirely different fields to compare. Selecting a course and a college depends much on the present industry developments apart from personal interest. It is upto the individual to analyse and come to a conclusion after considering the stats.
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.
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.
When selecting between IMI, NMIMS, and Symbiosis for your MBA, keep in mind that all three institutes are located in great urban centers with easy access to corporate offices and opportunities. If you're interested in Corporate Finance or Financial Markets profiles, IMI and NMIMS should be great options for you. However, Symbiosis has traditionally held an edge in Marketing and HR due to its diverse gender profile and mobility.
All three institutes are considered niche colleges that provide a decent MBA in Delhi or Bombay, with good opportunities for summer internships and frequent visits from recruiters. While ranking them can be difficult, NMIMS has fallen behind in recent years and is now lagging behind in terms of job opportunities in Finance or other fields in Bombay.
When it comes to Finance jobs, IMI stands out with better CTC offers, but remember that other factors, such as the exposure you receive, the profile you are offered, and your own performance during your studies, will also play a significant role in your future career success. Therefore, be sure to research each institute thoroughly and choose the one that best aligns with your goals and interests.
A BMS from SSCBS is better. It offers a good return on investment. The course fee is only INR 34,565. According to the highlights of SSCBS placements 2022, the average CTC for the institute is around INR 9.26 LPA. The highest CTC offered this year was INR 21.5 LPA.
The Delhi University tag also helps a lot in terms of placements. Another advantage of doing a BMS from SSCBS is that you will get to specialize in a particular domain.
SPJIMR is a better B-School. It has a unique curriculum and pedagogical approach. The institute offers learning opportunities beyond the classroom. There are practical-oriented courses such as PG lab and Design Thinking courses. These courses will help you get industry-ready. Faculty base of the institute is great. Most of the faculty members have years of experience in the corporate world.
NMIMS has a huge intake of around 600. The large batch size causes problem during placements. SPJIMR has a batch strength of around 250. So, each student gets decent chances in placements. According to the recent highlights of SPJIMR placements, students receive an average CTC of INR 30 LPA.
The best chance for an undergraduate student to secure a summer internship opportunity in a reputed company is to focus on those companies that visit the college campus for hiring interns.
Reputed companies usually prefer hiring interns from colleges through campus placements rather than running an off-campus recruitment drive. Therefore, if a particular company does not visit your college for internships, the chances of securing an internship with that company are almost null.
Students should focus on applying for internships with companies that visit their college. This can increase their chances of securing a summer internship opportunity with reputed companies. However, this does not mean that students should limit their options to only those companies that visit their college. They can also explore other opportunities by networking, applying through online job portals, or seeking recommendations from alumni or industry professionals.
NMIMS Mumbai is a better college for Finance, Consulting, and Marketing. It is more recognized in the industry and more a number of recruiting companies. NMIMS placements 2022 concluded with an average CTC of INR 23.07 LPA. More than 60+ Fortune 500 companies took part in the campus drive. The job roles offered at NMIMS are also better compared to IIFT K.
Located at the Financial epicenter of the country, Mumbai, the institute offers better exposure. Overall, NMIMS offers a better MBA experience.
Although all the institutes offer good placement to its students, a comparative analytical report based on points would be helpful for you to decide which institute to choose for your higher studies.
XLRI:
Some of the top recruiters who offer internship and job opportunities to the XLRI students are Aditya Birla Group, Amazon, Microsoft, are ITC, JP Morgan, Ramco Systems, Accenture, Sapient, ATG Tires, Lodha Group, RPG, Udaan, P&G, Colgate Palmolive, Ola, Myntra, Samsung, C K Birla, Power Finance Corporation among others.
The highest and medium salary packages remain to be around 50 LPA and 12-15 LPA.
IIML:
It offers 100% placement to its students.
The top recruiters are JCB India, Bosch, Apparel group, Tolaram Group, RPG Group, and more.
The highest and the medium salary range remain to be around 54 LPA and 23 LPA.
IIMK:
Students at IIMK get 98% placement and the highest and the medium salary package remains to be around 40 LPA and 18 LPA.
Some of the top recruiters who offer internship and job opportunities are Cognizant, Wipro, Amazon, Airtel, City Bank, Deloitte, Nestle, Bosch, Microsoft, Raymond, and more.
SIBM Pune:
It was ranked 6th by Outlook India in 2020.
The top recruiters who offer placement to the students are Axis Bank, Flipkart, Diageo, KPMG, Capgemini, HDFC Bank, Mahindra CIE, ITC, and more.
The highest and the medium packages are 34 LPA and 18 LPA.
NMIMS:
NMIMS has ranked 2nd among the top BBA colleges of India by India Today in 2020.
Top recruiters of NMIMS students are IBM, Johnson, and Johnson, Deloitte, ICICI, HDFC Bank, Cadila, Mankind, Accenture, Amdocs, Bajaj Finserv, Aditya Birla Group, Alkem, Cipla, and more.
The highest and medium salary packages remain to be around 30 LPA and 17 LPA.
JBIMS:
Students receive job opportunities from various companies such as Mahindra Group, TATA Group, The Boston Consulting Group, Reliance Industries, Godrej consumer products, and more.
The highest and medium packages that are offered are 32 LPA and 26 LPA.
These are the major placement related details that you should be taking into account while deciding whether you want to join any of these institutes or not.
If you're interested in PGP HRM, IIM Shillong is the best option in India in terms of placements. The average placement at MDI Gurgaon this year was INR 23.80 LPA, with a median package of INR 23.50 LPA and the highest package of INR 35.57 LPA. Top recruiters included Asian Paints, Infoedge India Limited, Axis Bank, Microsoft, Godrej, KPMG, HCL, Deloitte, Samsung, Google, Amazon, and Atlassian.
At NMIMS, Mumbai, the MBA HR program had an average salary of INR 19.40 L, with more than 180 companies participating. The highest salary this year was INR 57.65 L for the MBA Core program and INR 29.09 L for the HR cohort. Notable recruiters included EXL Acumen, J&J Quest, M&MI Rise for Good, PVMI - Make a dent, Reliance T.U.P, Godrej Loud, and more. IIM Shillong's 2022 placements drive saw 100% of students placed for the PGP 2020-22 batch. The highest package for IIM Shillong placements in 2022 was INR 55.22 LPA, while the average package offered was INR 23.10 LPA. PGP HR saw participation from companies like Bosch, D.E. Shaw, HSBC Bank, Mahindra Logistics, Paytm, and Titan, which offered prominent roles in various sectors.
IIM Shillong has a smaller batch size compared to NMIMS Mumbai and MDI Gurgaon. MDI Gurgaon and NMIMS have stronger industry and alumni connections compared to IIM Shillong, and they also benefit from their location. IIM Shillong has a strong brand value, but other than that, MDI Gurgaon is the best choice for MBA in HRM, followed by XLRI, IIM Ranchi, SCMHRD, and IMI Delhi.