Although all the B Schools you mentioned are very good, the one I would personally recommend is FORE. Some points that favor my recommendation are
College |
Average Package |
Highest package |
GIM |
INR 12.1 LPA |
INR 30.2 LPA |
FORE |
INR 14.04 LPA |
INR 41 LPA |
KJ Somaiya |
INR 10.98 LPA |
INR 26.50 LPA |
SIBM Bangalore |
INR 10.60 LPA |
INR 32 LPA |
GIM: ?18,31,200
FORE: Rs.16,98,000
KJ Somaiya: ?9.59 Lakhs (one year)
SIBM: INR 3.53 L - 16.62 L(for 2-3 years)
FORE offers industry oriented certifications and International Immersion Program. So looking at the overall picture we can say all 4 colleges give each other tough competition but FORE takes the lead.
Operations management MBA programs at these schools:
Our ranking for these colleges would be
Reason for putting IMT-G on top stop.
No, the FORE School of Management does not consider any kind of sectional cut-offs for entrance exams such as CAT, XAT, or GMAT. The points below give a brief overview of the process of evaluation in the FORE School of Management.
CAT/ XAT/ GMAT Score |
35% |
Academic Records |
15% |
Work Experience |
10% |
Written Ability Test |
10% |
Business Awareness Quiz |
5% |
Personal Interview |
20% |
Extempore |
5% |
The admission committee of FORE also keeps an eye on the skill-sets. It is to ensure that you are trained as per the qualities that the present industrial standards demand.
One of my cousins is from the 2016-18 batch and during her batch, the strength was around 190 to 200. At present, it can be 200 to 300 easily.
When it comes to placements, I can confidently state that the figures on the FORE website are right. Placement in FORE is dominated by marketing, IT, and consulting positions. It outperforms IMI as far as ROI is concerned.
Check a brief insight on placements in the table below:
Top recruiters |
Asian Paints, Nestle, Hindustan, Bacardi, TATA Motors, Hero, Whirlpool, HDFC, etc |
Placement rate |
97% |
Average salary package |
10.6 LPA |
Highest salary package |
30 LPA |
In the end, it is up to you to decide whether or not you should join FORE. I would not recommend you to quit your job and study hard for the CAT if you want to get into tier 1 or 2 institutions. Give yourself some time to think properly about what you want or where you want to go and then decide something.
FORE School of Management is among the top institutes of India. It is better than others in all the domains including ROI, infrastructure, practical exposure, etc. It is beneficial as it provides international exposure as well. One of my cousins studied there, and here are some of the facts I gathered from him.
The customer behavior is used to cater to the business needs used by the business managers to form a marketing strategy. The course is Project Oriented. All the projects given have to be made using the industry's real data.
The following information is used to compare: Placement info, Cut-off in the entrance exam, Location, Institue’s age and Fee.
To expertise in Marketing, the following would be best:
To expertise in finance, the following would be best:
SIBM Pune > SCMHRD > XIMB > FORE > DSE
To expertise in HR, the following would be best:
SCMHRD > SIBM-Pune > XIMB and FORE > DSE
Nirma University is recognized by UGC, AIU, and has been accredited grade ‘A’ by NAAC. Currently, the college is ranked 12th and 13th for MBA by The Week and Outlook respectively.
FORE School of Management is a private non-profit institution approved by the AICTE and has a number of notable international tie-ups with top institutions. MBA at the institute has been ranked 18th, 26th, and 43rd in India by Outlook, BW Business World, and NIRF respectively.
Goa Institute of Management (GIM) has been accredited by the AICTE and NBA. The college was ranked 47th by NIRF rankings in the category of management institutions.
Admission:
Nirma University:
Candidates are shortlisted and invited for the personal interview(PI) and theme development & presentation(TDP) round on the basis of their CAT/GMAT percentile.
Further, students are selected on the basis of their CAT/GMAT percentile, PI & TDP round, 10th marks, 10+2 marks, graduation marks, and work experience.
The course has a total of 240 seats available. The total course fee for Nirma is 10.04 lakhs.
FORE School of Management:
The minimum eligibility to apply at FORE is securing 50% in graduation from a recognized institution and a valid score in CAT/XAT/GMAT exam.
Shortlisted candidates are then called for the interview, written test, and business awareness quiz round.
The final merit list is prepared on the basis of the above criteria and marks in graduation. The course has a total of 180 seats available. MBA at FORE costs around 14.98 lakhs.
GIM:
The minimum eligibility to apply at FORE is securing 50% in graduation from a recognized institution and a valid score in CAT/XAT/GMAT/CMAT exam.
GIM conducts an interview for final selection.
The final merit list is prepared on the basis of the above criteria and marks in graduation. The course has a total of 240 seats available. MBA course fee at GIM is 16.98 lakhs for 2 years.
Infrastructure & Facilities:
Nirma University:
It offers an on-campus well-equipped library with over 1,20,000 books.
The institute also provides hostels for boys and girls with adequate facilities.
Students also have access to sports and other facilities such as laboratories, gym, cafeterias, medical facilities, Wi-Fi, air-conditioned classrooms and auditoriums, etc.
The college runs a shuttle service for its students.
FORE: The college is built over a 10-acre campus.
The college has a well-maintained library.
It also provides hostel facilities.
Other facilities such as sports fields, laboratories, cafeterias, air-conditioned classrooms, and Wi-Fi are available.
GIM:
The college is home to a large library, in-campus hostels, and sporting facilities.
Other facilities such as cafeterias, Wi-Fi, auditoriums, laboratories, and recreation rooms are available for the students.
Placements:
Nirma University: The course has a very high placement rate of over 90%.
Top recruiters for MBA students include Infosys, Wipro, Zomato, and Amul.
The average package offered is 7.5 LPA and the median salary offered is 8 LPA.
The highest package goes up to a whopping 19 LPA.
FORE: The course has a placement rate of 90%.
Top recruiters include Amazon, Deloitte, Asian Paints, Capgemini, and Dell.
The average package offered is 10.5 LPA.
The highest package goes up to nearly 30 LPA.
GIM: Over 95% of students receive placements in this course.
Top recruiters include EY, Reliance, Cognizant, and Deloitte.
The median salary at the college is 9.5 LPA.
The highest package offered goes up to 23 LPA.
All three institutes are ranked among the top MBA institutes of the country. While FORE ranks a touch above the other two according to NIRF rankings, the other two outscore the college in terms of facilities and infrastructure. Placements at all three colleges are very similar. The choice ultimately depends on your preferences and requirements.
If you look at FORE’s prior placement statistics, you'll notice that even before they started this new PGDM in Financial Management, they were a good pick for the financial sector, finance businesses, and overall BFSI.
Particulars | LBSIM | FORE |
Fees | 11.67 lakh | 15.98 lakh |
Top recruiters | Asian Paints, Nestle, Hindustan, Bacardi, TATA Motors, Hero, Whirlpool, HDFC, etc | Microsoft, Capgemini, Razorpay, HCL Technologies, LT Foods, Blackstone and Hindware, etc |
Placement rate | 97% | 100% |
Average salary package | 10.6 LPA | 9.2 LPA |
Highest salary package | 30 LPA | 32 LPA |
Just remember that it’s all about your career opportunities so think wisely and then make any decision.
FORE School of Management is approved by AICTE on the other hand IMI Delhi is approved by AICTE, NBA and AIU. Both of them were established in the year 1981 and provide good quality programs to their students. According to NIRF rankings IIIM was ranked #28 whereas FORE was ranked #43.
Intake process:
FORE School of Management:
IMI Delhi:
The selection process of applicants takes place in the following manner:
Some similarities/dissimilarities are tabulated below:
Categories |
FORE School of Management |
IMI Delhi |
Companies recruiting |
Companies like Asian Paints, ITC, Nestle, Infosys, Amazon, Hindustan Unilever, BACARDI, Nivea, HCL, Gartner, Wipro, etc. |
HDFC Bank, Asian Paints, Deloitte, EY India, Citi Bank, Wipro, Infosys, OYO, Lens kart, Sony Pictures, Radio Mirchi and more. |
Scholarship |
Available for PGDM students |
Available for students taking admissions under merit lists. |
Total seats for PGDM |
180 |
224 |
Highest CTC |
30 LPA |
22 LPA |
Average CTC |
10.6 LPA |
13.07 LPA |
Female percentage |
35% |
38% |
Male percentage |
65% |
62% |
Total recruits |
146+ |
100+ |
Hostel facilities |
No (but it coordinates with Rajhans Homes) |
Yes |
Both the institutions have highly qualified faculties. FORE has a longer process of selection which might make it a selective institution, having limited seats for PGDM courses and hard to get in. On the other hand IMI doesn’t have that lengthy process as compared to FORE. More the number of companies recruiting the institution will automatically result in more number of students getting placed.
Fore Delhi and Great Lakes Chennai are the most reputed business institutes in India. Great Lakes is a comparatively better choice, as they ensure quality classes conducted by well-trained teachers. Here you will have the advantage of personal enhancement and worthy life. So, go with the option of Great Lakes Chennai, as they never disappoint you.