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Does Nearbuy hire MBA freshers from college like Fore, KJ, Nirma, Tapmi?
Nearbuy recruits at 7 MBA programmes nationwide. They hire product and project managers from Tier - 1 schools, and sales, marketing, and operations managers from other colleges. They recruit from over twenty business schools in total nationwide despite visiting only seven. But those students apply for the jobs off-campus and may have to interview in the company's offices if they are chosen.
How is the scenario of internships in FORE and LBSIM?
Having friends in both FORE and LBSIM, I can say that they are the top MBA institutes in Delhi that have big-brand value.
FORE School of Management
- There are a variety of internship roles that get offered to the students. It includes Consulting, Market Research, Sales, Business Development, Pre-Sales, and others.
- The big corporations that visit the campus for SIP (summer internship project) are E&Y, Deloitte, United Biscuits, United Breweries, Maruti Suzuki, Genpact, Expedia, IDBI, and more. These companies pay a lucrative stipend to the students.
- FORE provides a bunch of opportunities to the students sitting for SIP.
Lal Bahadur Shastri Institute of Management
- The SIPs are in BFSI, Research & Consultancy, Engineering & Durables, E-Commerce, FMCG, IT/ITES, and Others. Out of these, Research & Consultancy placed the maximum students (29% of the batch).
- The average stipend offered is 19,500/month while the highest is 96,000/month.
- There are over 150 companies that come for SIP placements. The new recruiters were Mahindra Finance, L&T Finance, Bajaj Capital, ONGC, Google, HPCL, ABC Consultants, Chegg, Mazars, and others.
In both institutes, the SIP Placement scenario is similar. For selecting the students, companies follow the steps: Resume-Shortlisting, Group Discussion, and Personal Interview.
Apart from the above, a few companies may also ask to write an online test. The students can also get PPO/PPI from some of the listed companies.
Have you (or any of your seniors) done your MBA/PGDM (any specialisation) from TAPMI or Great Lakes or FORE or GIM, and are you (or your seniors) able to repay the loan that you took for your studies?
With the average package TAPMI, Great Lakes, and FORE have, you will be able to repay the loan that you’ll take for your studies in a passable manner as there are tax benefits that you get if you have an educational loan with that the repo rate is also not that high and banks don’t ask for a collateral amount if you’re in a reputed college.
Which is better TAPMI or FORE or IMT - DCP for MBA 2020-22 batch?
TAPMI, FORE, and IMT-DCP are some of the top institutes IN India offering PGDM (MBA) courses. All the above-mentioned institutes have their own perks. TAPMI is the better choice for Finance specialization. FORE has a location-wise benefit as it is located near the capital and industrial hub. Whereas, IMT-DCP offers international exposure. In general, TAPMI and FORE have better ROI, brand value, location, and placement as compared to IMT Ghaziabad.
Given below is the comparison of these colleges for pursuing an MBA.
|
Parameters |
TAPMI |
FORE |
IMT Ghaziabad |
|
Established |
1980 |
1981 |
1980 |
|
Accreditation |
AICTE, AIU |
AICTE |
AICTE |
|
Rankings (as per NIRF) |
27th |
43rd |
37th |
|
Course fees (1st year) |
INR 7 LPA |
INR 15 LPA |
INR 10 LPA |
|
Entrance Exam |
CAT/GMAT/XAT |
CAT/GMAT/XAT |
CAT/GMAT/XAT |
|
CAT cutoff percentile |
80 |
85 |
90 |
|
Eligibility |
50% marks in graduation |
50% marks in graduation |
50% marks in graduation |
|
Selection |
WAT, PI |
WAT, Business Awareness Quiz, PI, Extempore |
GE, PI |
|
Highest CTC |
INR 20 LPA |
INR 30 LPA |
INR 34 LPA |
|
Average CTC |
INR 11.54 LPA |
INR 10.60 LPA |
INR 13.7 LPA |
|
Top recruiters |
Microsoft, HDFC Bank, Amazon, CTS, Wipro, Byjus, etc |
Infosys, Capgemini, Genpact, HCL, Mahindra, Asian Paints, etc |
Paypal, GroupM, Hero Fincorp, HDFC Bank, etc |
Which is the best for an MBA out of Fore School of Management, Delhi and IBS, Hyderabad?
FORE School of Management is definitely the better choice than IBS Hyderabad. It is better in almost all aspects when compared to IBS Hyderabad. The table below has drawn a slight comparison on the basis of some basic factors
|
Parameters |
FORE Management |
IBS Hyderabad |
|
Batch size |
394 |
1100 |
|
Fees |
?16.98 L |
?5.25 L - 16.02 L |
|
Average CTC |
INR 14.5 LPA |
INR 8.71 LPA |
|
Ranking |
60 (NIRF Management) |
19 (NIRF Ranking) |
From the above table we can infer the following points
- The batch-size of FORE is much less than that of IBS Hyderabad thereby increasing the quality of education and placement opportunities
- The average CTC of FORE Management is also higher than that of IBS Hyderabad
- The fees is almost similar of both the schools and when compared to the average package, FORE has a better ROI than IBS Hyderabad
- IBS Hyderabad has better rankings than FORE, but this stems from the fact that it is the oldest B school.
An additional feature of FORE that sets it further apart from IBS Hyderabad is its International Immersion Program. This program offers the kind of exposure you cannot even get at a reputed B School like IBS. You get exposed to the Global corporate world and the best part is that its fees are included in the course fees. So considering all the points mentioned above I conclude that FORE is a far better choice than IBS Hyderabad for MBA.
What are the various profiles offered to fresher B-School graduates from IIM's and other Top 50 B-school's of India such as NMIMS, XIMB, IMT-G, IMI, Fore, TAPMI, LBSIM, LIBA, etc.?
The most frequent and highest-paying position available to recent B-School graduates is in banking sales. This primarily pertains to a relationship manager's resume.
- Automobile Sales: This is another typical sales position that B-schools offer, especially to new graduates.
- Enterprise IT Sales: This position entails B2B selling inside of the major IT firms.
- Research Analyst in the KPO industry: It involves mostly Google searches and searching databases for big consulting and auditing firms.
- Financial Analyst (KPO Sector): This position is ideal for finance students because it involves working on reports pertaining to equity analysis, financial analysis, and other areas of finance.
- Market Research: This position entails working with data and performing statistical analysis.
Should I go for PGDM General in FORE Delhi or TAPMI PGDM BKFS if I want to go in the finance sector?
I feel for Finance, TAPMI would be a much better option because it is good for finances in the Tier 2 league.
But if you wish to explore other fields, such as marketing, operations, or analytics, or if you are not entirely sure of your profession, choose the Fore Delhi PGDM.
Without a doubt, Fore is a top university, and your geographic location gives you an advantage. Additionally, placements this year have been excellent for all tier institutions.
Are colleges like LBSIM/FORE better than? IIM Nagpur, Sambalpur, Sirmaur, and Jammu?
Top B Schools like LBSIM/FORE are incomparable to the new IIMs. They have been established for decades and the new IIMs cannot be included in them at least in the near future. Although some might say that some new IIMs are under the mentorship of old IIMs like Lucknow, they haven’t made the mark yet. Whereas the already leading B Schools LMSIM and FORE are on the verge of making it to the top. Even the IIM tag is of little value here.
Let me explain this through an example. You go to buy an electronic device and purchase a branded device. Yet the model is a very old one. It is of little value despite being branded. Same is the case here. The new IIMs do give you the IIM tag but it is of little worth.
IIM Jammu vs Fore. Which is better?
For its 2020-22 batch, FORE School of Management has completed 100% placement as early as January 2022. FORE has a higher average salary of Rs.14.04 lakhs per annum and the highest international salary of Rs.41 lakhs per annum, while the highest domestic salary is Rs.23.5 lakhs per annum. The highest package at IIM Jammu, on the other hand, is INR 32 LPA, while the average and median packages are INR 13.53 LPA and INR 11.4 LPA, respectively.
FORE is ranked 60th in the management category in the NIRF listing 2022, while IIM Jammu is ranked 36th.
Which one would be better, TAPMI Manipal or Fore Delhi in terms of placement?
The placement report of the above colleges is stated below:-
|
Particulars |
FORE Delhi |
TAPMI |
|
Batch strength |
369 |
488 |
|
No of PPOs |
52 |
62 |
|
No of recruiters |
152 |
130+ |
|
Highest Package |
30 LPA |
25 LPA |
|
Average Package |
14.5 LPA |
11 LPA |
|
Median Package |
14 LPA |
- |
|
Major Domain |
Marketing |
Consulting |
|
Major Sector |
IT/ITES |
IT, Analytics & E-commerce |
Based on the CTC offered, FORE Delhi is better. The top recruiters are from Capgemini, EY, Infosys, etc. New recruiters are also visiting the campus every year to get the young professionals that FORE Delhi is offering.
Even FORE has Gurgaon in its neighborhood and it is the IT Hub of North where the students get more exposure to a professional environment.
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