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Are SPJIMR (Bharatiya Vidya Bhavan's) and SP Jain School of Global Management related in any way? If they are not related, which one is better?
I am going to address the most common misconception that SPJIMR and SP Jain are somewhat related.
Establishment: SPJIMR was established in 1981 and is associated with the Bharatiya Vidya Bhavan, one of the only two institutes of national importance. SP Jain on the other hand was established in 2005. SP Jain or Sheehan Prasad Jain provided capital for the foundation of SPJIMR during its establishment. Later they decided to launch their own brand in the name of SP Jain. This is the main reason why people get confused between the two.
Campus: SPJIMR is solely Mumbai based and has no other campus whereas SP Jain’s Mumbai campus is one of the 4 campuses of the institute.
Legacy: SPJIMR is 36 years old and has a legacy of providing excellent management education focusing on value-based growth. SP Jain is a relatively new institute that is yet to build some credibility in order to impact the Management scene in India.
Alumni: SPJIMR has a much stronger and broader alumni network than SP Jain.
We can draw the following points of conclusion from this comparison
- SPJIMR is the authentic SP B School everyone is looking for
- The quality of education at SPJIMR is at elegy with that of International B Schools which is not the case for SP Jain
- The little game achieved by SP Jain is because of its accidental linkup with SPJIMR
- The schools are definitely not rivals as SPJIMR is way ahead of SP Jain. We cannot really compare a 10-year Institute with a 36-year-old one.
I hope my answer has cleared all your doubts regarding the relationship between SPJIMR and SP Jain.
How much percentile do I need to get a call from MDI Gurgaon, IMT Ghaziabad, IIM K, SP Jain, NITIE?
To secure admission to top MBA institutes in India, you should aim for CAT percentiles from 85 onwards. Here's the order of the institutes you should target in descending order - IIM K with 97+ percentile, MDI with 96+, IMT Ghaziabad with 90+, SPJain with 85+, and NITIE with as high as possible sectional-wise.
Even though SPJain is a premier institute, it gives a call from the 85 percentile onward, since they focus on overall values that an individual possesses and want students with more values in them. They have 2 group interviews, so they follow a rejection procedure.
NITIE has a sectional cutoff, so it's advisable to have as high as possible sectional-wise, as many people with an overall CAT percentile in the range of 97-98 were not selected in either of their 2 programs(PGDM and PGDIESM) in 2016.
IIM K also has a sectional cutoff of 90+, so it's important to score well in each section.
It's worth noting that these institutes do not have a sectional cutoff, but it's always advisable to have a 90+ sectional percentile to be on the safer side. Aim for high percentile and sectional scores to improve your chances of securing a seat in these prestigious institutes.
How was your interview experience at IIM, FMS, MDI, XLRI, SP JAIN, NMIMS, SIBM, SCMHRD, etc. being from a commerce background ?
I can tell you about my interview experience for IIM Kozhikode.
I am a working professional with three years of work experience in the Ed-tech field. My 10th is 9.4 CGPA, 12th is 80% , both from CBSE, graduation score is 71.2% and I graduated in BBA in 2018 from a college in Indore .
I gave my interview in the afternoon slot (there were a total of three slots, morning, afternoon, and evening, the morning slot is best).
The interview was in online mode (due to covid). First, they asked me to verify my official ID cards. There were two people taking my interview, one male and one female.
They started by asking about my hobbies, I told them about gyming and cricket, and the male interviewer started asking me about cricket. He asked me who scored the maximum t20 runs in the previous year, what reverse swing is, top five bowlers who could bowl reverse swing. Then they started asking me about the firm in which I worked, the valuation of the firm, its reputation, the work culture, the future of the industry, who the CEO is, and all.
Then the next person started asking me questions from my undergrad, and I wasn't able to answer the question related to that. She seems a little unsatisfied with my answers.
I was waitlisted at the end and could not be able to convert the college.
Which one is better: IIFT Delhi, JBIMS or SP Jain (Marketing) if I was looking for good placements and brand and I have converted all three?
To choose a college that is perfect for you, one needs to ponder various questions repeatedly. These questions will help you get a clear idea about what you want from MBA and which college will help you achieve that.
- Which area do you want to specialize in?
- Are you included towards functional level clarity (Operations, Finance, Marketing, Tech) or granular level clarity (FMCG marketing/Digital e-commerce marketing/Sales or Product Management/Project Management or General Management)
If the answer to it is yes, then analyze the reports of these institutes to find where each one of them stands. Looking at average CTC is not the right way and is in fact misleading.
Other things you should consider before choosing a B School are
- The admission procedure and the level of difficulty of entrance exams if these colleges
- The practicality and relevance of the curriculum as per the recent industrial trends
- The profiles of your batchmates and their diversity The size and brand of the alumni base and the opportunities you will be availing through them
- The importance of overall personality grooming
One thing you should keep in mind is that brands are just a stepping stone in your career journey and not the main factor. These institutes have been able to establish the brand name mainly because of where their alumni have reached now. So brands are helpful in the short run only.
Which is better for Marketing: SPJIMR or IIM Indore?
Marketing is a focal point at SPJIMR. The marketing faculty is brilliant and extremely enthusiastic about their subjects. The faculty is welcoming and open to discussions about current events. Some of the professors are from US universities.
The course comprises interesting projects, guest lectures from industry experts and alums, and workshops that will keep you busy all day. "Fieldwork" is given a lot of credit. There are enough role clarification sessions to give you a clear picture of what the Sales and Marketing roles entail. They have interesting concepts like "A Day in the Life of a Salesman," in which students shadow a salesman on the job, a Capstone project that gives you a comprehensive understanding of marketing, and so on.
The curriculum's best feature is that it is kept as current and relevant as possible. In fact, you might want to join the Marketing Area Committee during your first year to gain more experience in this field. Digital marketing is also taken very seriously in this company. The batch profile is extremely powerful. Many of them have come from core sales/advertising roles, and their contributions to the class are significant. The good news is that we have "Autumn Internships," so by the time we have to interview for companies, we have a good idea of what the roles entail and where we want to go. Marketing Batch placements are also good.
What is the difference between 2 MBA programs (PGDM and GMP) offered by SPJIMR, Mumbai?
he PGCIM program, started in association with the Center of Indo-European Business Studies, co-financed by the European Union Commission - The ESB Reutlingen Track, has evolved over time with the addition of partner colleges from more countries. The program is more focused on International Management / General Management, whereas PGDM is the traditional MBA program offered by SP Jain Institute where you specialize in one of the following: Finance, Operations, Marketing, or Information Management.
If you choose PGDM, you will learn more about managing the finances, operations, marketing, and IT for a company. In contrast, GMP teaches you how to handle Business Operations of a company in an international setting, which requires you to learn subjects like International Business Law, International Trade and Finance, and International Economics. These subjects talk about how laws in different countries vary and what needs to be taken care of when doing business with a company from a particular country. In addition, subjects like Entrepreneurship and Management Consulting teach you about the factors that nurture a culture of Entrepreneurship at a country level and the art of facilitation for solving business problems.
One significant difference between the two programs is that in PGDM, you make a vast personal network of professionals in India. However, in GMP, you make a vast personal network of professionals across the globe, which is essential for International Business. Your extended network is bigger than you imagine in various ways, such as making a network with the students in the country you go to and your classmates who are your extended network in other countries. If you go to ESB Reutlingen, your primary network is going to be very diverse as Reutlingen University is the most international university in Germany.
Can someone share his/her interview experience at SPJIMR on score-based calls?
If you are preparing for an interview at SPJIMR, here is what you can expect based on a student's experience.
First, you need to choose your specialization beforehand while filling out the application form. Once you receive a profile-based call, you will be shortlisted and interviewed on the basis of your chosen specialization.
On the day of the interview, make sure to reach the venue 90 minutes prior to the scheduled interview time. The admissions committee member will verify all the documents which were uploaded to the portal and will ask you to submit a photocopy of the same.
You will then be taken to another classroom for the psychometric test and WAT. The psychometric test will revolve around questions testing your morals and ethics, and you will have to choose among Strongly agree, Agree, Neutral, Disagree, and Strongly Disagree. You will also have to elaborate on the same by choosing any 3 among the 10 questions from each group. The WAT will ask you to write on a given topic within a time limit of 30 minutes.
After the written test, you will be taken for the group interview. Groups of 6 will be taken to their respective panels. You will be asked to introduce yourself, and the panelists will question you based on your specialization. Be prepared to answer questions related to your work profile and operations. You will also be asked to speak on a topic related to your specialization.
If you qualify for Group Interview 2, you will be asked questions that test your personality and character. You will also be asked to talk about a "Wow" moment in your life and something deep you have learned from your parents.
Remember, the interview process is an elimination round, so make sure to prepare well and be confident in your answers.
How do I get a package of 30 lakhs in the field of marketing, post MBA from IIMA/B/C, FMS, MDI, SPJIMR, and IIFT?
While many may shed their philosophies on how getting a high package should not be your ultimate goal and stuff, I am here with a different opinion. When you are investing a huge amount of money it is only right to expect a greater monetary benefit and a better lifestyle. So I have mentioned some techniques that will help you land a package of 30 LPA specifically in the field of marketing post-MBA from IIM ABC, FMS, MDI, SPJIMR, and IIFT.
- The first thing you need to do is lower your expectations as no marketing placements offer a package higher than 25 LPA. These highest offers are made by top firms like Reckitt Benckiser, HUL, P&G, and Asian Paints.
- You need to figure out what you really are after, a good marketing role or a high-paying job. If you are after the latter I suggest you go for big consulting firms like Mc Kinsey, BCG, or investment banks that offer 30+ LPA.
- But if it is the marketing role you are after, then make sure your resume reflects your marketing enthusiasm. This will further increase your chances of selection.
- Performing well in the competitions conducted by your desired company is another way to get a high-paying job.
- If the Final Placements are your last resort then make sure you have a stable and excellent CGPA. Many companies consider this factor while shortlisting.
These points will help you get your dream job but cannot necessarily guarantee it. It all ultimately depends on your efforts and obviously your luck.
What is your review of S. P. Jain Institute of Management and Research (SPJIMR)?
SP Jain is a very good institution of Management yet it lacks the necessary popularity. It is not hyped like the IIMs but this does not mean it is any less than the top B Schools. In fact, there are many aspects that distinguish it from others in the family. The primary points of distinction are
- It has completely different criteria for admission wherein emphasis is given not only to grades but also to the individual’s personality. This is assessed by the firms the students submit answering various questions asked by the college.
- The batch is extremely vibrant and diverse comprising engineers, commerce graduates, and art graduates
- They give considerable weightage to work experience which is often ignored by other B Schools
- It has many international student exchange programs which open doors to new learning experiences and opportunities
- It stresses on value-based education. This means grades are important but not to the point that a student is merely surviving to score high and learns nothing.
- The faculty is extremely capable with a necessary mix of professors with theoretical and industry experts.
So SP Jain offers many areas of development and helps you grow as a human.
Is an MBA from JBIMS better than SP Jain from a placement point of view?
From the point of view of batch strength, JBIMS has a smaller batch size of 120 students, while SP Jain has a larger batch size of 300 students. The list of companies visiting both campuses is similar, but due to the smaller batch size at JBIMS, the options available per student are higher, resulting in better placement opportunities.
In terms of cost, JBIMS has a lower fee structure of approximately 1 lakh per year, while the fees at SP Jain can reach 10 lakhs per year when including all expenses. This results in a higher return on investment for JBIMS.
In terms of the quality of education, both colleges are equally good, but it is important not to only consider the quality of education when making a decision. Networking opportunities should also be taken into consideration, and JBIMS offers strong networking opportunities due to its strong alumni base.
In conclusion, both colleges offer great placement opportunities and it is up to personal preference and individual circumstances to determine the best option.
JBIMS saw a significant increase in average salary in 2022, rising over 20% to INR 27.63 LPA. The median CTC was INR 26.48 LPA, and the highest salary offered was INR 42 LPA. Consulting firms were a major presence during the placement drive, with companies such as Deloitte, EY, PwC, Accenture, Infosys, and KPMG among the top recruiters.
During the SPJIMR Placements 2022 Report, 75 recruiters visited the campus, with top companies including Accenture, Aditya Birla Capital, Amazon, and American Express. PGDM students received 123 PPOs/PPIs, with the highest salary offered at INR 53.16 LPA and an average salary of INR 32.06 LPA.
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