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What's a better option among GIM, NIBM, and SIIB for my MBA/PG, and why?
Goa Institute of Management, well known as GIM is ranked 48th under the Management category of NIRF 2020. On the other hand, the National Institute of Bank Management (NIBM) is among India's reputed business schools which have been ranked 88th in the 'Top B Schools of India' list. Even Among the top 100 B-Schools of India. Even Symbiosis Institute of International Business (SIIB), Pune is a AAA accredited business school placed at 10th position by The Week for Private MBA.
Admission Process:
GIM
- Candidates must have 50% marks aggregate.
- Final year candidates are also eligible to apply.
- Candidates are shortlisted based on the CAT/XAT/CMAT entrance test score followed by Personal Interview and Achiever's round of scholarship.
- The Basic fee structure for PGDM is INR 17-18 Lakhs.
NIBM:
- Candidates are selected based on CAT, XAT(80%), CMAT(95%) scores, followed by writing tests and interviews.
- The seat intake is around 120 seats.
- The course fee for PGDM is 3.75LPA + 29K (Hostel Charges per annum).
SIIB:
- The basic fee structure is16 LPA.
- The selection is based on the SNAP entrance exam followed by GE/PI.
- Candidates must have a minimum aggregate of 50% score.
Infrastructure:
- GIM is well known for Learning Infrastructure, consisting of IT equipment and high-speed servers. Wide exposure to the central library and other resources and e-journals.Consists of Several Finance Labs and Data Mining Centre.
- In NIBM the campus is centrally air-conditioned and has speed wi-fi service. Cultural festivals are conducted every year. Poses Auditorium, IT equipped laboratories and digital library. Girl's Residentials are fully furnished with strong security 24X 7.
- SIIB has modern infrastructure, spacious classrooms, an auditorium, wifi feasibility, and lots more. Excellent Library access and e-journals.Well furnished hostels for girls/boys.Modernized gym, yoga, and aerobics room.
Placements:
|
Particulars |
GIM |
NIBM |
SIIB: |
|
Highest Package |
INR 24.4LPA |
18 LPA |
INR 19.50 Lakhs. |
|
Average Package |
INR 11.4LPA. |
INR 10 LPA |
INR 10.60 Lakhs. |
|
Placement Percent |
100% |
100% |
100% |
|
Top Recruiters |
ABN AMRO,HDFC Life Insurance ,HP,Haier. |
Axis Bank, Deloitte, Federal Bank, State Bank of India, HDFC Bank |
HSBC Bank, IBM Global Service, IDBI trust, ICICI Lombard, etc |
The aforementioned are the basic highlights of the three colleges. NIBM is comparatively cheaper than the other two colleges, whereas, in terms of the package, GIM and SIIB receive higher package offers than NIBM. The choice is up to you.
Is it worth to do MBA in international business from SIIB Pune?
Pursuing an MBA in International Business from SIIB Pune is a worthwhile investment. The institution is considered the second best option after IIFT, New Delhi, and offers a high-quality education with a diverse peer group coming from various backgrounds and parts of the country.
International Business courses are particularly valuable as they prepare students for the global nature of business today. With the increasing interconnectivity of the business world, all corporations require a global presence. Therefore, it is recommended to consider SIIB Pune as an institution for MBA in International Business.
Which is better, SIBM Bangalore or SIIB?
SIBM Bangalore and SIIB Pune can not be compared as the institutes offer MBA programs in different domains. SIIB Pune is the older institute and the better option for International Business specialization, whereas, SIBM Bangalore is better for a traditional MBA. Placement and other opportunities offered by the two institutes are almost similar.
The table given below will give you a brief insight into the MBA programs offered by the two institutes.
|
Particulars |
SIBM Bangalore |
SIIB Pune |
|
Established |
2008 |
1992 |
|
Ranking |
23rd in TOI’s B-School ranking |
25th Best B-School in India by The Week |
|
Intake |
270 |
210 |
|
Specializations |
Finance, Marketing, Operations, and HRM |
International Business, Agri-Business, Energy & Environment |
|
Course fee |
16.2 lakhs |
10.8 lakhs |
|
Highest Domestic CTC |
16 LPA |
14.5 LPA |
|
Average Domestic CTC |
9.79 LPA |
8.7 LPA |
|
Median Domestic CTC |
9 LPA |
8 LPA |
|
Recruiters from Finance Domain |
Goldman Sachs, JP Morgan, State Bank of India, ING Vysya, Bajaj Auto Finance, India Forex Advisors Pvt. Ltd |
Axis Bank, HDFC Bank, Axis Bank, HDFC Life, Citibank |
|
Recruiters from Marketing Domain |
Air Asia, Bajaj Allianz, Zomato, TATA Motors |
Godrej & Boyce, Nerolac |
|
Recruiters from IT, Operations and Consulting Domain |
Wipro, Syntel, Oracle, Tech Mahindra, Infosys, Genpact, JDA Software, HCL, HP Analytics |
KPMG, Infosys, TCS, Wipro, HCL, Deloitte |
Which one is better: SIIB Pune or SIBM Bengaluru?
Comparably, SIBM Bangalore is better. The institute stands out because of its unique pedagogy.
- It follows Harvard Business School Case Studies and Simulations. There are flipped classroom models in place to increase academic rigor. It has a Learning Management System (LMS) in place to facilitate learning, evaluation, and teaching.
- As a student of SIBM B, you will have access to amazing resources. The institute has Bloomberg lab, CMIE Prowess database, and library databases like EBSCO, Frost & Sullivan, Sage, Science Direct, etc.
- During SIBM Bangalore placements 2022, the average CTC stood around INR 10 LPA. For the top 50 students, the average CTC was INR 14.11 LPA.
In terms of resources, academics, and placements, SIBM Bangalore is better than SIIB Pune.
Which is better, siib-ib pune, fore or tapmi?
SIIB-Pune would be a better choice than Fore or TAPMI. Let's break down your analysis to understand why you believe SIIB-Pune is the best choice among the three options:
- TAPMI, FORE, and SIIB are all well-reputed institutions, but SIIB-Pune gains a slight edge in terms of brand reputation, citing its higher NIRF ranking. TAPMI ranked #42 out of top management colleges in India by NIRF in 2023
- SIIB-Pune has experienced faculty. All the professors and assistant professors in the faculty were Ph.D. holders and had good acumen and knowledge.
- SIIB International Business offers a maximum domestic package of 39 LPA and a maximum international package of 82.05 LPA, with an average package of 13.12 LPA for the 2023 batch. FORE follows with the highest package of 23.5 LPA and an average package of 13 LPA for the 2023 batch. TAPMI average package stood at 14.8 LPA and the highest package of 24.8 LPA was offered.
Based on these factors, you conclude that SIIB Pune is the best choice, followed by TAPMI and FORE.
Are there any alumni mentorship programs held at SIIB Pune?
Anusmruti is the annual Alumni Meet of SIIB, Pune. For instance: Anusmruti, the Annual Alumni Meet of Symbiosis Institute of International Business (SIIB), Pune was organized by the Alumni Relations Team on January 7, 2023. This homecoming event of alumni created an atmosphere of happiness and nostalgia. The alumni were very enthusiastic to meet their batchmates, teachers, and staff members after a gap of almost 3 years.
The event commenced with the session of “Alumni Interaction”, in which three eminent alumni from the batch of 2000-2002 were invited. These alumni were introduced as Mr. Akshay Bhardwaj, President & Practice Leader, Credit Specialties at Marsh India, Ms. Namita Tiwari, Director & Head of Marketing for cloud infrastructure services at WIPRO, and Mr. Parimal Pingle, Managing Director & Group CEO of Avanti Exim Private Limited.
All three alumni shared key anecdotes from their experiences at SIIB and spoke about their journey from campus to corporate. They also guided the current batch of students about the customs and practices of the professional world. The interaction was concluded by a Question-and-Answer session which was very well addressed by our distinguished alumni.
What are the Hostel Facilities like at SIIB Pune? What are the Lodging Choices, Room Features, and Recreational Spots?
SIIB Pune offers spacious and well-furnished hostels to boys. Symbiosis Vishwabhavan Hostel for boys is located at InfoTech Campus which can accommodate 795 male students. SIIB hostel provides triple-sharing rooms with attached Bathrooms and Laundry Services. Similarly, hostel facilities are provided to its girls' students. The hostel is located at InfoTech Campus, Pune accommodating 399 female students. The hostel offers affordable accommodation to its students with Wardens ensuring the students' well-being.
Does SIIB Pune have clubs for Art and Engineering innovation, allowing students to showcase Talents and Interests?
Yes, there are specialized clubs or societies at SIIB Pune dedicated to promoting artistic expression or engineering innovation, offering a platform for students to showcase their talents and interests. These are as follows:
- Marketing Club: The Marketing Club aims to provide students with valuable insights into marketing beyond textbooks through quizzes, debates, and other engaging events.
- Finance Club: The Finance Club offers a platform for students to discuss ideas in the world of finance. Members engage in dialogues covering topics such as Securities and Venture Capital, fostering a dynamic exchange of views.
- Supply Chain Management Club: The Supply Chain Management Club hosts guest speakers and activities focused on shipping, freight, and other key aspects of international trade and logistics. Students stay updated on the latest developments in the field.
- Human Resource Club: The HR Club helps students understand the practical applications of HR theories. Through activities like personality exercises and book reviews, students gain insights into current trends and practices in human resources.
- Agri-Business Club: The Agri-Business Club organizes unique activities like personality exercises and book reviews to familiarize students with the latest developments in agriculture. Corporate speakers share their experiences and discuss topics like performance appraisal and compensation.
- Energy & Environment Club: The Energy & Environment Club facilitates knowledge sharing on challenges in the energy and environment sector. Through activities like debates and case studies, students explore topics such as climate change, renewable energy, and policy issues.
Are there any Fee Waivers or Discounts for Top Academic Achievers or Candidates with Significant Achievements at SIIB Pune?
In SIIB, as per the revised policy semester topper will be awarded a scholarship based on academic excellence, and a minimum GPA of 7.50. Only those students who are eligible for the Merit Scholarship will be cleared of the courses prescribed for the respective program.
Does SIIB Pune consider previous academic performance? If yes, how much weightage does it carry?
In SIIB Pune, no weightage is given for academics explicitly. However, in an interview, how you focus and discuss your academic profile, is entirely up to you. Final shortlisting for GE-PI-WAT has been done based only on your SNAP score.
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