Narsee Monjee Institute of Management and Higher Studies is a deemed University. They tend to meet the growing demand for young managers. One of my cousins graduated from NMIMS and here are some of the details I gathered from him.
All programs of the NMIMS School of Distance Learning are approved by the Joint Committee of UGC-AICTE-DEC. Also, these programs are highly flexible and focus mostly on self-paced learning.
I have a friend who is also an MBA Finance enthusiast. He was shortlisted for Great Lakes, Gurgaon- specifically for Finance. My answer would be more conversational and definitely does not intend to be any sort of advice as eventually, it is your call.
For studies, Great Lakes is a good choice to opt for. But here, what happens to be even more prioritized is the job profile of working under Finance.
The industry of Finance specifically has a range of 10% of jobs to offer along with 50% reserved for marketing and for operations, which is 30%. Last year, 21% of the recruiters were from BFSI out of only a small range of 10% were provided a job in Finance. Others are compelled to opt for sales. Many students end up opting for it as MBA Finance leaves them indebted and they are in dire need of a job to pay off the loan.
If you have enough confidence, do go for it. But then, if you consider yourself to be and stay your average self, there is something you need to work on.
Most of the top B-schools in the country select candidates on the basis of CAT and to an extent, XAT. Since the aim of all the students is to get into the old IIMs, so there are a lot of amazing candidates who only sit for the CAT. Since the only way to get into SIBM/ SCMHRD is through SNAP, there is a perception that the best candidates do not prefer to go into these institutions, which is not necessarily true but might explain the public perception. Also, with the introduction of a number of subpar colleges under the Symbiosis umbrella, the value and prestige of SIBM and SCMHRD have declined in the eyes of the general public.
SIBM and SCMHRD are amazing institutes, but the public might not consider them on par with other prestigious universities due to the above-mentioned reasons.
BIT Mesra is a high-regarded institute of engineering well known for its BTech courses in various branches. The institute's ambiance and curriculum are more steered towards engineering and all the other departments are meant for earning money only.
Sadly, BIT Mesra lacks the infrastructure and resources conducive to an MBA program. The recruiters are well aware of this situation and thus rarely do they come here for placements. For a better MBA program, the institute needs to work on personality development and provide better networking.
You will be surprised to know that last year, 7 MBA students at BIT Mesra received only 1 placement offer. So think twice before choosing BIT Mesra for an MBA.
AIIM offers quality education in infrastructure management in a specialized as well as scientific manner. The success of AIIM is due to the interdisciplinary approach of the institute. This brings a systems perspective to challenges in various areas such as infrastructure, energy, health care, education, allied sectors, etc.
Leaders at AIIM:
AIIM has dedicated leaders who work hard for the betterment of the institute.
Features:
The placement statistics in recent years at the institute are mentioned below.
Average CTC |
INR 7.5 LPA |
Highest CTC |
INR 12.5 LPA |
AIIM campus has been providing an atmosphere for intellectual excitement, productive interaction, and professional growth. It will surely help you with professional growth.
IMT Ghaziabad offers a variety of courses that cater to various specializations. These courses have been listed and explained in their order of preference
The courses have been arranged preference-wise so will make it easy for you to choose one.
IILM Greater Noida is better for Marketing (PGDM). It is a reputed B-School with 25+ years of experience in training future managers and entrepreneurs. The institute has a strong alumni base of around 12000+.
IILM boasts of a highly competent faculty base. Professors are well-qualified and have years of experience in their respective fields. IILM uses a hands-on learning approach which includes case studies, seminars, role plays, presentations, etc.
IILM placements have an average CTC of INR 7 LPA. The highest CTC offered goes up to INR 17 LPA. Axis Bank, PhonePe, ICICI Bank, IDFC, etc. are among the major recruiters that take part in the placement drive.
NIT Calicut offers an MBA program of 2 duration through the regular mode and the fee for the same is INR 72,405 for the 1st year of its program. Here is the detailed process to get admission to NIT Calicut.
NIT Calicut MBA Eligibility Criteria
NIT Calicut MBA Selection Criteria
Preparations
You have to prepare like any other entrance exam for CAT. Firstly develop a thorough understanding of the syllabus and exam pattern. For this, you can refer to various study materials, online courses, and coaching centers to prepare for the exam. Also, practice time management and attempt mock tests regularly to improve your speed and accuracy. Also, work on your communication and analytical skills as these are crucial for an MBA program.
IMS Ghaziabad is better for PGDM. It has a better management faculty. IMS Ghaziabad placements are better as well. During the 2022 placement drive, students received an average CTC of INR 7.15 LPA. The highest domestic and international packages offered this year were INR 26.17 LPA and INR 18 LPA, respectively. Companies such as Deloitte, Garner, Cvent India, etc. took part in the placement drive.
The answer to your question depends on the reason why you are willing to pursue an MBA and if the reason is strong enough to go for an MBA at the age of 29 years. See, age should never be a restricting factor especially when it comes to education. But your purpose should be well-defined and crystal clear. Pursuing MBA vaguely just to venture on new opportunities or career options might do you more harm than good. So the primary step in deciding if an MBA at 29 is good or not is to analyze your purpose. If you are changing streams for instance moving to Finance or MC, you need to know that your pay scale might see a new low.
I have another suggestion for you. Why don’t you compare the two programs;
Compare the curriculum and prospects of these two programs. The reason why I suggested to you research the Executive program is that many experienced professionals (almost 95%) prefer the Executive program over the regular program. It suits their needs better.
The 2-year program is suitable only if you are looking for an internship and I Don't think that is the case for you. Moreover, if you consider the major aspects like classroom experience, rigor and placements, the Executive program is far more a viable option in your case. It will also allow you to reap the maximum benefits in less time. So do your part of the research and make an informed decision.