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Which college would be better to pursue MBA from - NMIMS Mumbai or SIBM Pune?
A decent alternative for doing an MBA is NMIMS. Due to the fact that it provides specialism in areas like HR, business analytics, digital transformation, etc. In 1981, the famous organization NMIMS was established in Mumbai, Maharashtra. NMIMS is a deemed-to-be university with eight campuses located throughout India in Mumbai, Shirpur, Indore, Navi Mumbai, Bengaluru, Hyderabad, Dhule, and Chandigarh. Here are a few factors that make NMIMS a suitable choice for those interested in pursuing this degree program:
- Ranking: NMIMS ranked #21 among the top MBA schools in India. Due to its high academic standards, emphasis on research, and professors drawn from the best national and international universities and businesses, NMIMS is considered to be at the forefront of great education.
- Accreditation: NMIMS Deemed-to University is accredited by NAAC with a 3.59 CGPA and Grade A+, whereas SIBM Pune is accredited by NAAC with an "A" grade
- Financial support: Students at NMIMS Mumbai are eligible for the Central Sector Scheme of Scholarships for economically disadvantaged General, SC, ST, and physically challenged groups.
- Placement: The majority of students who apply for placements in NMIMS are accepted. The comparison between the placement stats of these colleges are as follows:
|
Particulars |
NMIMS |
SIBM Pune |
|
Highest salary |
INR 67.80 LPA |
INR 35.05 LPA |
|
Average salary |
INR 26.63 LPA |
INR 26.77 LPA |
|
Top recruiters |
Aditya Birla Capital, American Express, Goldman Sachs, Crisil, etc. |
Accenture Strategy, Aditya Birla Capital, American Express, Barclays, HSBC, etc |
- Alumni network: Ashis Gupta (Managing Director and Head of Research, Credit Suisse India), Kamlesh Rao (Managing Director, Kotak Securities Ltd.) and many more established professionals are the notable alumni of this organization.
In conclusion, NMIMS is undeniably a commendable institution that continues to excel in its pursuit of academic excellence and professional as well as personal development. So based on these basic aspects NMIMS would be a better option for pursuing this course.
Is studying operations management at SIOM worth it? Is it somewhere at par with NITIE?
NITIE is famous for its excellence in the field of Operations Management. But SIOM would be a good option to pursue this course. The college has earned awards and recognition with a USP syllabus.
The faculty members have a broad mind in terms of studies and cooperation. They help the students in their fields of interest.
SIOM has a strong alumni network. They have ties with the industries around Nashik which helps the students to have good industrial visits.
The placement opportunities are good and are getting better every year. There are big brands and companies that visit the campus.
| Categories | SIOM |
| Course Fee | 12.20 lakhs |
| Placement Percentage | 90% |
| Highest CTC | 35 LPA |
| Average CTC | 12-15 LPA |
| Recruiting Companies | Nestle, KPMG, Bosch, Deloitte, etc. |
Therefore, SIOM is a better option to study Operations Management than NITIE. SIOM provides you ample opportunities and will also help you in your career.
Converted IMT Ghaziabad or IMI Delhi PGDM, which one should I prefer?
When selecting a business school, there are certain assumptions to keep in mind. These assumptions are valid for all top business schools, at least for the top 20. Consider the following assumptions and evaluate which business schools align closest with your preferences:
- Assumption 1: Business schools are student-driven, meaning that the success of the school depends largely on the students, clubs, events, committees, placements, and fests and not on faculty, infrastructure, or knowledge capital. The bigger and more active the student body, the better. Classrooms are a facilitator of knowledge dissemination, but the greater good of the school is found in the activities outside the classroom.
- Assumption 2: Alumni play a key role in the success of a business school, which is why schools like FMS, JBIMS, and IMT Ghaziabad thrive.
- Assumption 3: The activities you choose to participate in at a business school can be largely classified into (1) clubs and committees, (2) business school events, and (3) a focus on academics only and a good CGPA.
- Assumption 4: The location of a business school has marginal advantages, such as Delhi or Mumbai types.
- Assumption 5: Rankings do not matter for the top 10-15 schools.
How is the experience at the EPBA program offered by IIM Calcutta?
Weekend classes are 3 hours long or 1.5 hours in two sessions. They exchange high-level information with no granularity. Exams are in multiple-choice format and may not cover all topics. There will be no project or capstone project. Very low-level or low-quality content, comparable to free Google content in some subjects.
The course is overpriced when the same material is available for a quarter of the price on Coursera/Edx. There is a significant disconnect between the IIMC course coordinator and the faculty who teach the course. The faculty are beyond the course coordinator's control. As a result, faculty can cover whatever they want. There are no topic-level or content-level details provided, which is very frustrating because you have no idea what they teach.
The IIMC Certificate is only for exhibition. You are not permitted to ask questions or raise concerns during the session because the faculty is focused on finishing it. Though they say they will provide books and notes, the study material is only available in PPT format.
How is the insurance business management from the BIMTECH Noida?
The Insurance Business Management (IBM) from BIMTECH Noida is a very high-demand course, especially for those who want to build their career in the financial and the banking sector. It is one of the 4 full-time PGDM courses offered by the institute apart from an executive PGDM course.
Talking about the institute, it has a rich legacy of 30 years of excellence in academics where the faculty are known to be really hardworking. They are very well qualified, many of them have lots of industrial exposure and they bring in their collective knowledge in the classroom studies. Some of the reasons why PGDM in Insurance Business Management from BIMTECH Noida will be beneficial for you are –
- There are various career paths one can take after doing this course. The students can work as a broker in banks, insurance companies or any financial institution for that matter. The institute is also very popular and is visited by many insurance and banking companies along with financial institutions. BIMTECH is also known for its collaborations with many international organizations, so there won’t be any dearth of opportunities here. You could also try yourself as a financial analyst after doing this course.
- This course will equip students with knowledge about financial markets, risk management along with the core banking and insurance subjects. Many of the graduates go on to work as consultants in the insurance and banking sector. Apart from that, with its rich academic and research-oriented pedagogy, the institute imparts the necessary skills and training to the students for becoming successful professionals.
Thus, without a doubt, this is a very good course with a focused approach towards the sector. The institute, pedagogy, faculty, and facilities are all top-notch and it will help you propel your professional career.
How is the brand image of an MBA from IIT Kanpur in the industry?
Both IIT Kanpur and IIT Roorkee are premier academic institutions in India. Pursuing an MBA from either carries a positive brand image in the industry. Both institutions are well-recognized for their well-structured academic program, highly qualified and experienced faculty members, and excellent research facilities. However, the choice depends on you and your personal preference.
- IIT Roorkee is known to provide high-quality education that focuses on practical learning, a strong foundation in management principles, and problem-solving skills.
- IIT Roorkee holds a great track record for placement for an MBA.
- The average package for MBA placement is INR 18.3 LPA and the highest package is 27.5 LPA.
- Top companies recruiting are American Express, Google, Microsoft, Reliance Industries and more.
Is IMI delhi good for pursuing MBA in HR?
IMI Delhi has its flagship PGDM course wherein you can choose any specialization in the second year ranging from finance, marketing, and operations to HRM. Apart from this flagship course, IMI Delhi additionally offers a separate specialization program i.e., PGDM HRM (Human Resource Management).
Suitability: The program is targeted toward individuals keen to kickstart their careers in the HR domain.
Curriculum: The curriculum is industry relevant and is customized according to the recent trends in the industry. So unlike the regular PGDM, the HRM program lays more emphasis on core HR subjects. This basically means that tour core subjects will comprise more HR electives than general Management.
International exchange program: This program enables students from foreign universities to study with the students at IMI Delhi and vice Versa.
Placements: The key highlights of IMI Delhi placements 2023 for PGDM HRM are tabulated below:
|
Particulars |
Statistics |
|
Average Package |
INR 15.58 LPA |
|
Highest Package |
INR 20.50 LPA |
|
Median Package |
INR 14.82 LPA |
|
Top 10% average package |
INR 19.89 LPA |
|
Total Students |
35 |
What is the total cost incurred in doing your MBA from NMIMS Mumbai?
The following answer is based on my brother’s experience at NMIMS and may vary from person to person depending on their own personal expenses and standard of living. The table below shows the NMIMS MBA fee structure.
|
Particulars |
Data |
|
Total Fees |
INR 23.90 Lakhs |
|
Hostel fees (Non-Refundable) |
INR 2,25,000- 3,00,000 |
|
Hostel fees (Refundable) |
INR 10,000 |
From the above data the approximate cost is 26-27 Lakhs. The additional expenses like hanging out, fares, and miscellaneous activities can amount to 1 Lakh.
Now let’s consider you staying in a flat and not a hostel. The MBA fees remain the same. But the living expenses are considerably cut down. My friend lives in a flat with 5 people and shared her average expenses.
- The rental expense was 10k
- The security deposit was 1 lakh
- 6-8k per month for electricity bills and grocery shopping
- An additional 2-3k for hanging out
- The average auto fare would be 3k per month
- The rough average is 20k per month and if you calculate the same for 21 months it amounts to 4.2 Lakh.
The total expenses including tuition fees amount to 30-33 Lakhs. I think it’s better to go to a hostel than to a flat.
Which MBA college should I choose from IIM (A,B, C) , NMIMS, FMS and MDI?
For these B-School, your preference order should be IIM A > IIM C (Finance) or IIM B (if specialization isn’t a factor) > FMS > MDI. NMIMS isn’t in the same league as the others.
IIM brand value has its advantages. You can benefit a lot, if you are pursuing your MBA from IIM A, B, and C. But the IIMs charge high fees. IIM A MBA fees are INR 23 Lakhs. While FMS has negligible course fees and offers high ROI. FMS Delhi placements are comparable to IIM A, B, and C.
So, the choice comes down to brand value vs. ROI. If you want good placements and a high return on investment, choose FMS.
How good is TAPMI manipal for mba?
TAPMI is a private B-School situated in Manipal, Karnataka. Accredited by the AACSB, AMBA, and NBA, TAPMI is popular for its emphasis on leadership development, as well as its focus on healthcare management and rural management. Let’s discuss the worth and credibility of the institute based on some common parameters
- Faculty: The faculty is highly knowledgeable and most professors have amazing experience in their area of expertise. I would grade it a ?.
- Placements: TAPMI has been boasting of 10% placements for many years. This year too it concluded an excellent placement drive with the highest CTC at INR 32.2 LPA and average CTC at INR 12.5 LPA. The top recruiters included Accenture, AB InBev, Capgemini, HCL, and Cognizant. However, it’s worth mentioning that the kind of role and package you will be offered depends on your profile and performance.
- Student Committees: There are a plethora of committees to choose from and not being a part of one will also not affect you negatively at all.
- Explore: TAPMI has some excellent places to hang out from bars and pubs to eat outs. Additionally, there are top notch sports and gym facilities,
- Academics: When it comes to discipline and academics, TAPMI is very strict. Students are not allowed to go outside the campus after 11: 30 pm. Indiscipline is not tolerated in any form and any rules broken are punished by suspension or dismissal. The 100% attendance criteria add to the overall misery as lack of attendance affects your grades to a great extent.
Overall, Manipal is a place that will be missed by many!
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