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Does an industrial engineer have any advantage when applying for an MBA at NITIE?
NITIE Mumbai is the brand name for engineers targeting management courses in India. The institute offers various industrial management courses for students.
I have a friend studying PGDIM in NITIE Mumbai, and as per his insights, you do not get any advantage of being an Industrial Engineer in NITIE Mumbai, if you are focusing on PGDIM or PGDISEM. As it offers you an Industrial Management degree, having an Industrial Engineering does add anything to your profile. However, you may get an edge over other students if targeting M. Tech through the GATE exam.
Overall, in MBA from NITIE, an industrial engineer is on the same platform as other candidates.
Which one is better for an MBA consultancy with 6 years of IT experience: IIM Ranchi or IIM Trichy?
IIM Trichy is an institute that has demonstrated significant improvement in recent years and is focused on becoming one of the top 5 IIMs. It has a strong connection with industry, which is further strengthened by the presence of its Chennai Centre, which directly connects with industries across India. The institute also receives close mentorship from IIM Bangalore, allowing students to receive lectures from the best professors at both IIM Bangalore and IIM Calicut.
In terms of placements, IIM Trichy has consistently performed well. The MBA (PGPM) 2020-2022 batch achieved 100% placement, with a 15% increase in the average salary, which rose to INR 17.01 LPA from INR 14.85 LPA the previous year. The final placement report for 2022 showed that over 110 industry giants offered a variety of job roles in fields such as sales and marketing, finance, consulting, IT and analytics, operations, and HR. The highest package offered during this placement drive was INR 34 LPA.
Which is better for an MBA IMT Ghaziabad or DMS IITD?
Department of Management Studies or DMS IIT Delhi is one of the top 5 management colleges in the country.
DMS IIT Delhi is known for its flagship full-time MBA and MBA Telecom programs. Admission to these courses is entrance based. The college accepts CAT scores and the application can be filled out online by visiting the DMS IIT Delhi website. The minimum cutoff for MBA and MBA Telecom Program at DMS IIT Delhi is 90 percentile. However, the actual cutoff for admission remains around the 98-99 percentile.
As compared to IMT Ghaziabad, DMS IITD is a way better option to pursue an MBA. But admission is definitely harder than that of IMT Ghaziabad.
You can check out the comparison of the average package of both institutions below-
|
Particulars |
2022 |
2021 |
|
IMT Ghaziabad |
15.28 Lakhs |
12.4 Lakhs |
|
DMS IITD |
21.9 Lakhs |
18.5 Lakhs |
What facilities does an IGNOU distance MBA provide as compared to NMIMS or Symbiosis?
All three of these are good for pursuing a distance MBA. However, IGNOU examination centers are more in number compared to NMIMS and Symbiosis. You can attend contact classes and get guidance regarding studies easily at a convenient place near you. IGNOU offers multiple specializations. The course fees are affordable. It offers good learning resources as well. Every study center of IGNOU has its own library.
IGNOU Distance MBA is better because of the facilities are resources offered.
Which is better to opt for, XIMB RM or XISS Finance?
According to my friends studying at XIMB RM, the college is not called XIMB RM anymore. The last batch to pass from the college with this college name was the 2015-2017 batch. It has been renamed to Xavier School of Rural Management (XSRM) under the umbrella of Xavier University, Bhubaneshwar.
- This split has not had any impact on the branding.
- If you are concerned with the quality of education and faculty, let me assure you that those have remained the same.
- When it comes to rural management, you should know that it is more like a product differentiation from an actual MBA.
- It is also often known as an MBA+ where you will get to explore and gain knowledge on subjects like sociology, development, planning in rural areas and many other fields.
- This will open up a number of opportunities for you to explore in the development sector which you perhaps would not be able to explore in other MBA courses.
| Categories | XSRM |
| Course Fee | 13.8 lakh |
| Highest CTC | 13.2 - 17 LPA |
| Average CTC | 8-9 LPA |
| Recruiting Companies | Amul, Godrej Agrovet Limited, ITC Limited, Mapro Foods, ADM Agro Industries, Tolaram Group, etc. |
As far as XISS Finance is concerned, you should get in touch with a postgraduate student from that college to get to know more about it. As of now, I would suggest you go for XSRM.
Is joining new IIMs (Ranchi, Trichy, Udaipur) worth it? How will be the career growth after an MBA from new ones?
The career growth offered by the new IIMs is difficult to analyze as they haven’t been established for long. One cannot infer their worth easily as its alumni are yet to establish themselves in the corporate world. It will take a few more years to determine the growth of CEO alums career-wise.
If you are concerned about the general job prospects, try going through the placement reports of these IIMs. You will get a general idea of the packages and roles offered.
To know if the new IIMs are worth going for, you need to check what you are expecting from these B Schools. If you are looking for basic learning and a small push to kickstart your career, the new IIMs will benefit you. But if you are on the lookout for high ROI, the new IIMs may or may not satisfy your expectations.
Which MBA college should I prefer (background is from B.tech hons (CS) and have 15 months work experience), IIT KGP or IIM Trichy?
The best way to answer your query is to mention the core highlights of MBA from both institutes.
IIT
- The MBA course here is more of technical nature as the program is one of the many departments of a huge Technical institute
- The peers are very talented and genius
- The small batch size increases the opportunities for placements
IIM Trichy
- The MBA experience here is much more diverse and challenging. You will find peers from diverse backgrounds.
- The pedagogy here is top notch as they specialize in this area
- IIM Trichy has a better academic rigor and their style of Management education is too good
- IIMs offer better food and infrastructural facilities
I will sum up my answer with 2 points. If you are looking for job prospects outside India, IITs are a good choice. But within India, IIMs are a better option as their style of Management surpasses that of IITs.
Is the Periyar University Distance MBA recognised for WES Canada?
A distance MBA from Periyar University isn’t valid. WES approved the degrees that are recognized by UGC/AICTE. Recently UGC has declared Open and distance learning education from Periyar University to be invalid. So, MBA degrees pursued in distance mode from the university aren’t approved nationally. As a result, these degrees aren’t approved by WES Canada.
Is MBA Good for Future?
Yes, MBA is considered a good option for the future. Students pursue MBA to get better career and job opportunities. MBA in India is offered as a 2 year program divided into 4 semesters. Pursuing MBA might cost much more than any other postgraduate degree like an MA or an MSc but it will provide much better jobs and salary packages than them.
|
Categories |
MBA |
|
Placement Percentage |
100% |
|
Highest CTC |
40 LPA |
|
Average CTC |
12 LPA |
MBA Placements:
The top companies recruiting MBA graduates include Deloitte, Accenture, Infosys, Capgemini, Citibank, ITC, Nestle, Saint Gobain, JP Morgan, Wipro, Microsoft, Phillips, Reliance, L&T, McKinsey & Company, Avendus, Asian Paints, etc.
Job Roles:
MBA graduates can work as a Manager in Finance, Marketing, Sales, HR, Operations, Product, Data Analytics, Digital Marketing, International Business, Supply Chain Management, NGO Management, Disaster Management and many more.
MBA also provides a good Return On Investment (ROI). The efficiency of an investment is determined by the measurement and comparison of the ROI. They get a raise or hike in 10 years considering the long term salary projections. Students opting for an Executive MBA are working and pursuing the degree alongside, so the salary earned will also be included when calculating ROI, making it a profitable subject.
What courses should I do before pursuing an MBA at IIM Sambalpur if I have an interest in finance and marketing?
It is completely normal to have an interest in both finance and marketing, as they are both important and widely applicable areas of business. To explore your interest in finance, there are many short, introductory courses available on platforms like Udemy that can be completed at a relatively low cost, such as for no more than INR 500. Additionally, you can read basic finance books from any commerce background to gain a solid foundation in the subject. Similarly, for marketing, there are many courses available on platforms like Udemy, as well as other sites. However, it is worth considering that pursuing an MBA program with a fresh mind and an open outlook for many possibilities may be beneficial for gaining a comprehensive understanding of marketing.
In addition to gaining specialized knowledge in finance and marketing, it is also important to have a good understanding of MS Excel and Powerpoint. These skills are widely used in the business world and will be beneficial for any professional in any vertical or specialization.
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