MBF (Master's in Business Finance) is a course under the Xavier School of Commerce (XSC). It is important to note that XIMB and XSC are separate schools coming under the umbrella of Xavier University Bhubaneswar (XU). Some key highlights related to this course are
The course is a good option for the qualitative development of an individual, and details regarding placements and internships can be checked from the official website.
ISBR is considered one of the best B-Schools in Bangalore. One of my friends has studied there and it has helped him in shaping his personality.
Here are the following reasons why ISBR is an idle college for PGDM.
The following table shows the placement statistics of the PGDM Finance at ISBR:
Highest Package |
28 LPA |
Average Package |
5.8 LPA |
Ranking |
1st among New Generation B-Schools by DM B-School Survey |
Awards |
Best B-School of Year by Public Relations Council of India |
Therefore, you can join ISBR for the PGDM course. As along with theoretical knowledge, the institute also grooms students in gaining practical knowledge through the various industrial visit and pre-placement talks. So, if you are thinking to join ISBR, then you must go for it.
FMS Delhi Placements 2023 has been concluded. A total of 269 students participated. FMS Delhi's highest package stood at INR 1.23 CPA whereas the average package stood at INR 34.1 LPA and the median package stood at INR 31 LPA. 97% of offers were made above INR 20 LPA. A total of 27% of students were placed in the Consulting Sector and there was a 19% Increase in the number of students placed in the BFSI Sector as compared to the last year.
JBIMS Mumbai is one of the most prestigious B-Schools in India. The institute has recently concluded its 2022 placement drive. The average salary increased by more than 20% as compared to the last year which stood at INR 27.63 LPA in 2022 whereas the median CTC stood at INR 26.48 LPA and the highest salary stood at INR 42 LPA. Consulting companies played the dominating role during the placement drive. Major recruiters included Deloitte, EY, PwC, Accenture, Infosys, KPMG, and many more.
There is no relevant data to tell us about Freshers' data, but both offer great placements regardless. Whichever location suits you; you can go there. However, FMS Delhi is the best according to me.
TAPMI is better than IFMR, both the highest and the average packages are better in TAPMI. Below is a table comparing the two on different and important aspects;
Parameters |
TAPMI |
IFMR |
Location |
Manipal, Karnataka, India |
Sri City, Andhra Pradesh, India |
Ranking |
NIRF #38 out of 125 in India 2022 |
NIRF #60 out of 125 in India 2022 |
Accreditation |
AACSB, AMBA, and NBA |
AMBA and NBA |
Fees |
INR 16.25 lakhs |
INR 14.56 LPA |
Highest salary package |
INR 22.3 LPA |
INR 20 LPA |
Average salary package |
INR 15.7 LPA |
INR 13 LPA |
Student Diversity |
Over 27 states represented |
Over 20 states represented |
Top Recruiters |
EY, HDFC Bank, HSBC Bank, Tata Capital |
Deloitte, Barclays, Tata International, SBI Capital |
It is subjective, so it all depends on your goals and preferences. Hope it helps, Choose wisely.
It is hard to compare particularly the finance stream but overall comparison is given below in the table;
College |
Fees |
Highest Package |
Average Package |
TAPMI |
INR 16 Lakhs |
INR 22.3 LPA |
INR 15.7 LPA |
KJ Somaiya |
INR 19.18 Lakhs |
INR 22.5 LPA |
INR 12.28 LPA |
Nirma University |
INR 11.34 Lakhs |
INR 26 LPA |
INR 10.50 LPA |
The Great Lakes Institute of Management is a comparatively better choice. Let us have a brief comparison of both XIME and GLIM, which will help you get more clarification
Great Lakes Institute of Management
GLIM was ranked 31st among the Top 50 Management Institutes for Research and Teaching in India by NIRF. GLIM has well-qualified faculty from universities including Kellogg, Stanford, and Yale. This institute is also renowned for its well-established infrastructure
Fees – To secure a seat at GLIM, you need to pay around INR 1046000
Placement Statistics
Particulars |
Placement Statistics (2021-2013) |
Placement Statistics (2020) |
Number of PPO / PPIs |
41 |
27 |
Highest Package |
INR 46 Lakhs per annum |
INR 25.8 Lakhs per annum |
Average Package |
INR 14.12 Lakhs per annum |
INR 12.5 Lakhs per annum |
Xavier Institute of Management and Entrepreneurship
XIME was ranked 17th among the Top B Schools all over India by GHRDC in 2016. They offer Collaborations with foreign universities like Guangdong University of Foreign Studies, Guangzhou, China, and Shanghai International Studies University for student and faculty exchange programs.
Fees - To secure a seat at GLIM, you need to pay around INR 1186000
Placement Statistics
Highest Package |
INR 12 Lakhs per annum |
Average Package |
INR 6.55 Lakhs per annum |
So, it is good to go with the option of the Great Lakes Institute of Management.
For Finance, PUMBA is superior because it is a college that its students entirely drive to. Students here bring the businesses to campus themselves and plan and run all of the events. Thus, students receive training in prospecting, public relations management, and other related skills. Additionally, IIM A faculty members teach financial management courses at PUMBA.
The average package for PUMBA and SIES is nearly identical and ranges between 7.5 and 8 lakh.
When it comes to fees, PUMBA costs 1.3 lakhs for two years. SIES costs more than five lakhs in fees. Regarding lodging, PUMBA offers hostel services for just Rs.4500 annually. SIES doesn't have a hostel of its own.
NMIMS Mumbai and SPJIMR are prestigious Indian business institutions with excellent finance MBA programs. We can consider these:
Both B-schools are good but the SPJIMR brand stands much above NMIMS. Placements are also good in SPJIMR and a small batch size is a big advantage. Projects are also good, so SPJIMR should be preferred.
You will probably face challenges in getting admission to FMS Delhi due to your academic records. There is a high level of competition, and a percentile score of 99.80 or higher will be needed to receive a call. Consider why you want to pursue finance as a career and examine your mindset and motivations in detail. Your past academic records can also affect placements, which means that your grades in 10th, 12th, and engineering graduation will play a role in your eventual job prospects after completing an MBA in finance at FMS.
Out of all these colleges, IMI Delhi seems to be the best option for a person looking to major in finance. IMT Ghaziabad has been known for its marketing for a long time and SCMHRD, as the name suggests, is an amazing institution for HR. XIMB is also a decent option for finance but IMI seems to edge it out due to the following reasons-