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How difficult is it to get a loan for IMT Ghaziabad, MDI, IMI Delhi, or TAPMI?
IMT Ghaziabad offers financial assistance through various Educational loans. Many Nationalized banks have decent loan schemes for students of such prestigious B Schools.
One such Central Government scheme is the Vidhyadhanush wherein, students from IMT, MDI, IMI, Depts of IITs, and other elite B Schools are offered unsecured education loans with interest rates as low as 8.3-8.5. The maximum loan amount one can get is around 20 Lakhs. You can compare the schemes of different banks on the basis of interest rates, eligibility of your B Schools, and collateral schemes. It’s best to avail of the Central Government scheme to get the advantage of zero interest rate till the moratorium period. You can save as much as 1.5 Lakhs through this scheme.
The procedure to secure an education loan is very simple and quick. All one needs to do is study and compare various schemes and choose the best for themselves. Right after induction, many branches of banks put forward their loan schemes in front of the batches.
Which is better, a PGDM in banking and financial services at IMI, Delhi or a PGDM general in LBSIM, Delhi?
I can speak with certainty that PGDM at LBSIM is a far better option than PGDM in Financial services at IMI Delhi. My brother is a recent pass out from LBSIM and the following highlight of the institute are based on his personal experiences
- The IIRF ranks LBSIM 25th among private colleges
- It has a spectacular ROI in terms of placements and fees
- LBSIM is famous for its student culture
- You can get an insight into various angles of the industry you will be dealing with in the future
- You can avail an abundance of opportunities through live projects and get to have a detailed experience in your specialization.
- The institute prioritizes a practical approach over theoretical knowledge through academic activities outside the classroom
- Various academic and non-academic clubs make the environment a friendly one
- The institute boasts of a 100% placement record
- It has an elaborate alumni network that is spread across top companies like Big Four’s, Arcesium, Marsh & Mclennan, Asian Paints, Crisil
- LBSIM collaborates with various international universities for its student exchange program. Some of them include Nanyang Technological University, Singapore, Northern Illinois University, USA, European Higher School of Economics and Management, Bulgaria etc.
- A unique feature of the B School is its Bloomberg Terminal which is restricted to the top B Schools like IIM B, IIM C, and FMS only.
All these points clearly state that LBSIM is a very good choice for a PGDM program.
Why is IMI Delhi not good for somebody with an experience of 2.5 years? I have got a PGDM offer from IMI Delhi and I was looking for honest opinions about the college.
I cannot agree with the claim that IMI Delhi is not good for someone who has an experience of more than two years. My friend told me that her batch in 2020 had an average work experience of 32 months.
Joining an elite B School is not enough. Once you have successfully joined the desired B School, you need to make constant efforts to remain at the top. Just getting admission is not enough. You need to work relentlessly and meet the standards of the institute.
Even if someone has an experience of more than 2 years, he cannot cut down his efforts to remain at the top. He needs to maintain his sincerity toward academics because there is tough competition. Giving your best is the key once you have been admitted to a good B School. Keep aside secondary factors like work experience and pay academics.
Which one to choose between TAPMI PGDM and IMI Delhi PGDM (Banking & Finance)? Give reasons for the choice.
I am certain that if I had been in your place I would have opted for TAPMI PGDM over IMI Delhi PGDM. I even have a friend who recently joined this program and is very happy with her decision so I have more assurance in this regard.
TAPMI is well recognized not only in India but abroad as well, especially in the Middle East. I know many colleagues from my last workplace who relocated to the Middle East and other foreign countries after graduating from TAPMI.
The infrastructure and campus are very beautiful, unlike the NCR campus which is hot and congested. Delhi is suitable only if you are interested in Sales roles. Else for specialization in Finance and Banking TAPMI is the best choice one can make. Some companies that visited the campus during placements are
- Deloitte
- Bajaj
- CRISIL
- Fincare
- HDFC Bank
- Invesco
I think TAPMI is the best option if you are looking for a sales role in a Finance company.
Among TAPMI, KJSOM and IMI Delhi (HRM/BKFS) which is the best to join?
Various magazines have ranked IMI Delhi > TAPMI > KJSOM. However, the decision of which college to join ultimately depends on what you expect from your degree.
When considering joining IMI Delhi, key points to consider are:
- Faculty and curriculum: IMI is known for its faculty and the rigorous curriculum that is followed. As a student, you will get good exposure to subjects related to various domains, and in terms of electives, you will have a good range of options to choose from.
- Location: IMI Delhi is located in the NCR region, which provides many advantages in terms of exposure and opportunities to work on live projects.
- Placements: Over 100 companies were part of the 2023 placements, including more than 40 first-time recruiters. Students also received 3 international offers. The IMI Delhi average package was INR 17.01 LPA, with the highest and median packages offered at INR 50 LPA and INR 16.33 LPA, respectively.
Additionally, the student body at IMI Delhi is highly active, with more than 15 student bodies functioning. This means there is always some event happening on the college campus.
How good is IMI Delhi 'executive PGDM' compared to other 1 year exe-MBA courses in India?
IMI Delhi Executive PGDM is a very good choice if you are on the lookout for improving your learning caliber and climbing the corporate ladder higher. It is most suitable for working professionals who join on a sabbatical and don’t leave their jobs to pursue this program.
The faculty is highly experienced and will guide you throughout the program. The placement for their flagship course is better than the executive course. They falsely claim to offer lateral placement support. If you are joining the program be prepared for no general increase in salary or placements. Join the program only if your primary purpose is to learn. Less than half of the students get placed in this program too with below-average packages. If you are ready to face it with a positive mindset, then only opt for this program.
Which college is better IMI-Delhi or SIBM-Pune?
I have a friend in both the colleges IMI Delhi and SIBM Pune. From their experiences, I can give you a general picture of the comparison between these two colleges. I personally feel that SIBM Pune has a slight advantage over IMI Delhi in various aspects.
- SIBM Pune has been established much before IMI Delhi and therefore has a stronger alumni base
- SIBM Pune has better summer and final placement offers in comparison to IMI Delhi mainly because of the various alumni who visit the campus for recruitment
- The crowd quality is better at SIBM Pune than at IMI Delhi
- The infrastructure is top notch
- Of all the 5 campuses, SIBM Pune is superior most
- The city location is good and Pune offers a lot of opportunities
The only aspect that SIBM Pune lacks is that it has a 50% reserved quota whereas IMI Delhi has 10% only.
Does IMI Delhi placement reaches 12L for most of the batch? What's the reality?
Yes, the IMI Delhi placement does reach the 12 Lakh match for some parts of the batch. However, the details are subject to many factors. You can get an insight from the placement reports if you try reading behind the figures. The placement system works for placement data too. The top 10 percentile
and then consequently the top 20 and so on. The average placement of any B School is usually determined by the top 40 percentile. A similar IMI Delhi average package of 17 LPA+ is driven mainly by the 40 percentile.
The next lot of students come into the picture and kind of bring down the average package. This usually comprises 70 percentiles. The average is lowered to around 12 something. But I will suggest that as an MBA aspirant, you should focus more on being among the top 40 percentiles and not on the average package. This will be a driving force to overcome the struggles.
Do people from NIT take admission in IMI Delhi and IMT Ghaziabad for their MBA?
People from NIT and IITs should definitely get admission to IMI Delhi or IMT Ghaziabad. Unlike the general misconception that people from ivy graduate colleges should go for the top PG colleges also, IMT and IMI are rather good choices. If an Institute helps you to build your career then the brand value hardly matters.
I have seen many people who after graduation from NIT and IITs join IMI and are glad to do so. My brother completed his graduation from DTU Delhi and joined IMI for MBA and claims that he was able to learn so many new things in the first 6 months. One of my friends also joined IMI after completing his Engineering from NIT Uttarakhand.
So what I actually mean is people from NIT and IIT can definitely pursue their MBA from IMI and IMT and won’t regret this decision.
Is IMI Delhi worth joining now given the increase in batch size?
Increasing batch size is a problem for many B Schools these days, be it old IIMs, MDI, IMT, or IMI. An increase in batch size in turn causes increased pressure on infrastructure, placements, and overall performance of the institute. Now the problem is if all the main factors like placements and infrastructure are being affected in B Schools, what should be the other criteria to be considered? Some of them are listed below
- How old am the institute is
- What reputation did the institute have in the past
- The locational advantage
- The alumni base
- The placement reports of the last 3-5 years
- The negative comments on the school can be cleared by contacting the school directly or through alumni
- Check if the top percentiles and your own profile have many differences or not. Repeat the same with the lower percentiles.
- Lastly, follow your inner instinct as it will give you a proper insight
So we can safely conclude that a high batch does not necessarily mean a problem. An old school can easily tackle this problem efficiently.
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