NMIMS Mumbai is comparably better for Finance specialization. It is a well-recognized name in the Finance sector. Due to the locational advantage, it’s easier to get good exposure and networking opportunities. All big banks and sought-after finance companies visit NMIMS Mumbai placement drive. Even consulting companies offer job roles in the BFSI domain to Finance students. Despite the huge batch size, you can expect good placement opportunities. During NMIMS Mumbai placements 2022, the highest salary package offered in the Finance domain was INR 32 LPA.
If you have a percentage in the 50s or 60s in UG and no work experience, you must score above the 98%ile with an excellent interview.
You will receive the IIFT. The percentage of these people is very low, but it is possible if you achieve a high percentile. If you perform well in the entrance exam (score 3-4 marks above the cut-off) and the admission process (GD-PI and WAT), a UG score (at least above 65) should not be a problem. All you have to do is perform well in the GDPI Process and give them a reason to choose you.
You should choose IIFT. Here are the reasons why.
Due to these factors, IIFT is better than IIM Shillong.
IIFT Kolkata is one of the premier institutes in terms of postgraduate courses in trade & business. Kolkata is the first place where it has chosen to set up its institute apart from Delhi. It has gained a lot of reputation for its international business courses.
Apart from its curriculum; its primary attractive factor is its infrastructure which makes it an even more preferable choice among individuals. The other major details regarding the college are as follows.
Academics:
It primarily offers postgraduate and certificate courses.
MBA, Executive MBA, and Ph.D. are the most preferred courses at the institute.
It is one of the institutes offering a consolidated program for International Business.
Certifications are offered in Capital & Financial Markets, Global Trade Logistics, and Export Management.
The admission to the major courses is through a graduate degree and score in CAT/MAT/XAT / GMAT score.
Fees:
The MBA program is offered at Rs. 7.6 Lakhs while the executive program is at Rs.90 lakh.
Certificate course fee range between Rs. 75000-Rs. 1 LPA.
Placement Details:
The institute is known for providing 100% placements. The process of placements is in two phases generally, summer and final placements. The details are described below.
Companies Participated- 98
Pre Placement offers- 93
Average Package Offered- Rs. 20.07 LPA
Total students participated-279
The co-curricular activities are also a positive point to be focused upon like Blash, Socrates, and Cashonova.
Major recruiters, sector-wise are given below in the table.
Trade & IB |
ADM, Aegis Resources, Export Trading Group, Tolaram |
Operations & Logistics |
Amazon, Maersk Line, Freight Tiger, Rivigo |
Sales & Marketing |
Airtel, Bajaj Auto, OYO, Value Labs, Swiggy. |
IT, Consulting & Finance |
Capgemini, IBM, InfoEdge, UnitedHealth Group, Infosys Consulting |
The highest package to date has been Rs. 1 crore. According to the student reviews the placement rate of the college is great with decent salary packages. It surely qualifies to be on the list while choosing a great college.
No. Minimal difference exists when it comes to placements, but nothing changes when the quality of education is talked about.IIFT Delhi and Kolkata are sister campuses and not separate branches like IIMs are. You will be taught by common professors, get the same degree upon graduating. Both campuses go through the same academic rigor, led by the common administration. Even the competitions open for IIFT Delhi are inherently open for the Kolkata campus as well.
Placements are common, the administration is common, Kolkata has a better infrastructure, they have the same academic rigor in both the campuses, the competitions open for IIFT Delhi is automatically open for Kolkata as well, even if it is written IIFT Delhi in the eligibility criteria of the Corporate competitions.
Categories |
IIFT Kolkata |
IIFT Delhi |
Course Fee |
8-16.25 lakh |
8-16.25 lakh |
Placement Percentage |
90-100% |
90-100% |
Highest CTC |
29 LPA |
20 LPA |
Average CTC |
19.23 LPA |
15 LPA |
Recruiting Companies |
LOreal, Dell, Phillips, ITC, Shell, HSBC |
Goldman Sachs, JPMC, Unilever, Godrej, TCS, P&G |
Though the placements are common for both the campuses, I have heard that a few companies consider only IIFT Delhi students. You may even face some discrimination outside your campus life, as people are not fully aware of the IIFT structure. Some think that IIFT Delhi and Kolkata are different B Schools operating independently, thus creating the ground for inequity.
Hence, IIFT Kolkata is not a bad choice, but IIFT Delhi has certain privileges. In case you convert to IIFT Kolkata, you will enjoy the common perks as well.
MICA and IIFT Kolkata both are premiere private institutes offering good options to individuals for studies and career development. IIFT is among the top B schools but MICA stands ahead in various other domains also known as School Of Ideas, for nurturing new ideas and opportunities.
The differing views about both the colleges from a marketing point of view are as follows.
Academics:
MICA majorly offers three categories of courses like PGDM, FPM, and PGPC.
PGDM & FPM are offered in specializations like media & entertainment, brand management, marketing analytics, and digital communications management.
IIFT provides courses like MBA, Certification, Executive MBA, and PG Certificate.
IIFT is popularly known for its trade-related courses particularly in international business.
Fees:
MICA is offering courses ranging from Rs.27,500 to an average of Rs. 1 lakh. However, the maximum fee range is Rs.21 Lakh for the PGDM course.
IIFT however offers courses within a feasible range but the executive courses are a little bit expensive and costs around Rs. 90 Lakhs.
Placements:
Both the institutes have outstanding placements and by far the best in the market.
MICA:
MICA has by far decent placements. A clear view can be obtained by looking at the details below.
Sectors |
Highest Package |
Average Package |
Internet & Technology |
Rs. 40.88 LPA |
Rs.19.33 LPA |
Media & Advertising |
Rs. 15 LPA |
Rs. 10.73 LPA |
Brand Consulting |
Rs. 18 LPA |
Rs. 9.61 LPA |
IIFT:
IIFT Kolkata has a placement record of 100%.
The number of companies that visit the campus for placement is around 98. Students get employed in sectors like International Business, Operations & Logistics, Sales & Marketing.
The average CTC received by the students is recorded as around 20.07 LPA.
The basic parameter inclination towards MICA, it is probably the best college for marketing, brand analytics, and consulting domain. It’s ranking among the B Schools is outstanding and mostly it outshines the other management institutes in the field of Advertising & Media.
IIFT Kolkata is one of the premier institutes in the eastern part of the country. It stands out in the case of both in terms of education and infrastructural grandeur. It is recognized by UGC and received NAAC accreditation with an ‘A’ Grade.
In order to take a closer look at the life of IIFT, we should focus on the following details.
Programs Offered:
IIFT Kolkata offers the following programs.
MBA in International Business
Executive Programs
MA (Economics)
Certificate Programs
Doctoral Programs
Off-Campus Programs
Corporate Training.
It is among the top 10 business schools that offer MBA in International Business. It is among the tier 1 institutes of the country.
Campus:
IIFT Kolkata has a lush green campus of around 7 acres.
It has artistically designed infrastructure with well-maintained conference halls and an auditorium with 500 seating capacity. The location is in the Madurdaha area behind Ruby Hospital.
Hostel:
Library & Hostel amenities are the primary benefits the university tries to provide to its students with a view to associate a positive outlook towards both comfort and studies.
It is the only library that specializes in the foreign trade domain.
It has particularly set up a WTO resource center to cater to WTO specific issues.
The campus is equipped with additional facilities like Cloud Infrastructure, Wi-fi Campus, Virtual Classroom, Security, Computer Lab.
Extra-Curricular:
IIFT is known for its rigorous curriculum among all the colleges in India. Business summits and corporate completions and lectures are the media used by the institute to increase the knowledge potential.
The clubs and committee are also a part of this process. All students are involved in clubs like BLASH, Bandwagon, Capital Socrates, and Systemix.
Altogether, IIFT is a worthwhile investment when it comes to developing a career acumen regarding professional courses. It gives a new experience that eventually helps an individual to grow.
IIFT Kolkata placements have been excellent for recent years. It maintained a record 100% placement rate over the last few years. Here are the 2020 placement highlights for the institute.
Parameters | Statistics |
Total no of recruiters | 125+ |
Highest international package | INR 75 LPA |
Highest domestic package | INR 46.45 LPA |
Average package | INR 20.48 LPA |
Average package of top 100 students | INR 29 LPA. |
ITC, City Bank, L&T, Phillips, TATA Sky, L’Oreal, etc. are some of the major recruiters to take part in IIFT placements.
This question appears in the mind of every aspirant when he/she gets an admission letter from IIFT-Kolkata after clearing one of the most competitive B-school entrance examinations, leaving him/her perplexed.
Let's look into the salient features of IIFT-K to find if it is worthy or not -
Placements:
Faculties:
Facilities:
Extra-Curricular:
Fees:
Batch and Alumni:
Guest Lectures:
These pointers must have explained how IIFT-K is a value for money institute and hence is worth joining. I have interacted with a few alumni of IIFT-K who were all praised for their alma mater, which has groomed them into skilled professionals.
IIFT-K is worth your money, time, and efforts.You can count on my advice and join it. I am sure you won’t regret it.
Both colleges are worth considering for a good career. Since its establishment in 2006, IIFT Kolkata has been climbing the ladder to success. The excellent performance in corporate competitions is a testimony to that. IIM Shillong is among the fastest-growing new IIMs and its alums are making a name in the industry.
We usually judge a college's worth based on factors like Alumni network, teaching pedagogy, corporate competition wins, etc. Yet, here I am going to simply make a domain-wise comparison. This is because when choosing a college focus should not be on the college but on your own interests. Identifying the domain you want to enter is necessary only then you can choose a college that excels in that respective domain.