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NMIMS, SCMHRD or SIBM Pune, which would be better for Finance — learning, competitions, placements wise?
Narsee Monjee Institute of Management Studies (NMIMS) institute is one of the best management universities in India. Admissions in this university are based on qualifying exams NPATand NMAT followed by personal interview and counseling.
Symbiosis Institute of Business Management (SIBM) Pune is one of the best business schools in India. Admission to this university is based on an entrance test known as Symbiosis National Aptitude Test (SNAP) followed by personal interview and group discussion.
Symbiosis Center for Management & Human Resource Development (SCMHRD) holds 13th rank for MBA issued by times. Admissions for MBA are based on an entrance test followed by a personal interview and group discussion.
Placements
Narsee Monjee Institute of Management Studies (NMIMS)
- Companies like Bank of America, Barclays, EY, Deloitte, Vedanta, Accenture, Aditya Birla, Amdocs, Google, Deloitte, etc visit the campus every year. Last year about 166 companies visited.
- Approximately the average salary package offered to students of this university was up to 17.97 lakhs and the highest salary package offered is 30.37 lakhs
SCMHRD
- Companies like Accenture, Accenture, Avalon Consulting, Axis Bank, Bajaj Auto, Barclays Bank, Bridgei2, Capgemini, CITI Bank, etc visited campus for placements.
- The average salary package is up to 15.6 lakhs and the highest package salary is up to 38.5 lakhs.
Symbiosis Institute of Business Management (SIBM) Pune
- Companies like Airtel, Capgemini, Samsung, Accenture, Wipro, HSBC, Dell, etc visit the campus every year in search of good placements.
- The average salary package offered to students is up to 20.08 lakhs and the highest salary package is up to 34.26 lakhs.
Infrastructure and faculty
NMIMS
- Hospital, sports ground, Wi-Fi facility, well-equipped labs, and all necessary facilities are available on campus.
- Teachers are well-qualified, knowledgeable, and very helpful.
SCMHRD
- The university has a huge and beautiful campus.
- The teachers are very helpful and kind.
- The environment of the university is also friendly and engaging.
SIBM
- University has a huge campus with all necessary facilities like equipped labs, sports ground, spacious classrooms, Wi-Fi facilities, and others.
- Teachers are very knowledgeable and well experienced in their particular fields.
Overall all institutes are good for and the admission process of all institutes is also not that tough. But if we particularly talk about placements then NMIMS and SIBM are better than SCMHRD and NMIMS even has a record of 100% placement last year. With this, all institutes have an engaging and encouraging environment.
How good is SCMHRD, Pune according to the placement and campus environment?
It is subjective and it depends on your goals and your preferences, but overall SCMHRD is good. Below is a table explaining different aspects of SCMHRD;
SCMHRD,Pune Campus
|
Aspects |
Description |
|
Ranking (2022) |
India Today #16 |
|
Program Offerings |
MBA, MBA in Infrastructure Management, MBA in Business Analytics, and Executive MBA |
|
Campus Environment |
State-of-the-art facilities including modern classrooms, library, computer labs, sports facilities, and hostel |
|
Placements |
Highest CTC (International) - INR 67.60 LPA Highest CTC (Domestic) - INR 35.02 LPA Average CTC - INR 23.71 LPA Median CTC - INR 22 LPA |
|
Admission Process |
Admissions are based on SNAP (Symbiosis National Aptitude Test) scores, followed by a group discussion and personal interview |
|
Affiliation |
SCMHRD is affiliated with Symbiosis International University (SIU) |
What is the scope of management consulting at B Schools like NMIMS, SIBM, SCMHRD and XIMB? Do non-engineers, freshers get such roles?
This would certainly not be easy for a non-engineer fresher to get management consulting roles in firms such as Accenture, McKinsey, Deloitte, EY, Capgemini etc.
- Most of the above companies provide IT consulting, operations consulting, risk consulting, etc. at these institutes. You may expect these profiles.
- However, if you are looking for strategic consulting, then these roles are offered at only top B-schools such as IIM Ahmedabad, IIM Bangalore, IIM Calcutta, XLRI, FMS, SPJIMR Mumbai, etc. Do not expect them to be offered at the listed institutes here.
Even if some companies do offer such roles, they care about your academics in your MBA, your work experience, your personality, and your background. They want to know if you are an engineer or not, they also want to know if you know about IT or not. There are various rounds of interviews lined up to test your skills and abilities.
So, yes there will be scope especially in IT consulting roles from these institutes. All you have to do is give your best efforts and leave the rest on the companies to decide what kind of professional they want.
How do I prepare for the Symbiosis MBA entrance test, if I intend to get admission in SIBM or SCMHRD?
Structured and disciplined study is best for SNAP 2024. Preparation tips:
- Exam structure: General English, Quantitative, Data Interpretation & Data Sufficiency, Analytical & Logical Reasoning, and Current Affairs comprise the SNAP exam. Learn the exam format and syllabus to prepare.
- Practise prior year papers to understand the sort of questions, difficulty level, and time management needed to pass the test. This will reveal your strengths and weaknesses.
- Improve fundamentals: Improve accuracy and speed by reviewing each section's basics. Practise fundamental math, reasoning, reading comprehension, etc.
- Mock exams: Take mock tests to simulate the exam and enhance your speed and accuracy. After each test, assess your weaknesses and improve.
- Current events: The Current Affairs section demands current events knowledge. To stay current, read newspapers, magazines, and web portals.
- Join an MBA entrance test coaching institute if you can't prepare on your own. To prepare for the exam, they offer structured assistance, study material, and practise examinations.
- Language skills are needed for General English. Reading books, newspapers, and magazines, practising grammar, and watching English films and TV can improve your language skills.
Which is best for MBA HR: SIBM Pune or NMIMS Mumbai or SCMHRD?
The colleges that you have mentioned are quite old and reputed, leaving behind a history of a great placement record and a bright future.
Human Resources has become a promising field in today’s time. A good HR assures that the aspects of the business they work for proves to be fulfilled along with allowing the employees their own space wherein they give importance to the clients.
Based on certain parameters, allow me to compare all the three institutes so that it gets convenient to choose the B-School of your choice.
| Categories | SIBM Pune | NMIMS Mumbai | SCMHRD |
| Course Fee | 17.26 lakh | 6.04 lakh | 11.94 lakh |
| Highest CTC | 35 LPA | 16 LPA | 18-21 LPA |
| Average CTC | 18 LPA | 8 LPA | 10 LPA |
| Recruiting Companies | Crisil, HSBC, etc. | Berger, ITC, etc. | Mindtree, ICICI Bank, etc. |
My suggestion would be to consider NMAT and even SNAP so that you get a better view to choose from. Some promising prospects are indeed offered by NMIMS and SIBM-P, but I believe you should go for that particular institute which is reputed for its HR department.
Which programme is better, NICMAR (advanced construction management) or SCMHRD (infrastructure management)?
SCMHRD Infrastructure Management is better. The institute is widely recognized in the industry and ranks among the top B-Schools in the country. In this Infrastructure Management course, you will get to learn in detail about infrastructure policies, contract management, project finance, and other aspects of infrastructure such as airways, roads, rails, ports, urban development, renewable energy, etc. You will get to choose project execution or project finance according to your expertise.
100% of MBA IM students get placed each year. SCMHRD average package is around INR 6-8 LPA. Fortress Financial Services, ABPS Infrastructure, Capgemini, etc. were among the major recruiters.
Is an MBA in Business Analytics from SCMHRD or an MBA from SIBM Bangalore worth it?
Yes it is worth pursuing an MBA in business analytics from SCMHRD or an MBA from SIBM Bangalore. Your post-MBA life in business analytics can vary widely based on the industry you choose to work in, whether it's finance, consulting, technology, healthcare, or another field. Mostly the courses from SIBM Bangalore as well as SCMHRD end up with a great placement offer.
Top recruiters visit the campus and offer an average of 67.60 lakhs. The highest can go up to your capability. Whereas SCMHRD offers an average salary of 23-24 lakhs. These two colleges share a nearly identical average package and are classified as MBA schools (next to IIMs) in the same region. There isn't much of a difference when a company comes to campus because you frequently have to go through both campus interviews.
Top recruiters like Capgemini, Deloitte, Infosys, Maruti Suzuki, Hyundai etc. visit the campus to offer placement to the students of SIBM Bangalore. On the other hand, companies like Accenture, Adobe, Barclays, Bandhan Bank, CISCO, Capgemini, Cognizant etc visit SCMHRD for campus placement.
The table shows a brief overview of both institutions:
|
Particulars |
SIBM Placement 2023 |
SCMHRD Placement 2023 |
|
No. of Companies participated |
125+ |
112+ |
|
No. of New Recruiters |
49 |
38 |
|
Highest Salary |
INR 21 LPA |
INR 67.60 LPA |
|
Average Salary |
INR 13.48 LPA |
INR 23.71 LPA |
|
Median Salary |
INR 13 LPA |
INR 22 LPA |
Considering these facts it is safe to conclude that life after completing an MBA in business analytics at institutions like SIBM Bangalore or SCMHRD can lead to dynamic and rewarding careers, offering various opportunities for professional growth and personal development.
Which one is better, SCMHRD Pune or IMT Ghaziabad?
SCMHRD Pune is the better option in terms of placements, job profile, alumni network, and other aspects. If you are interested in HR specialization, SCMHRD is the obvious choice among these. It is one of the best business schools in the country for HR. During SCMHRD placements 2021, the median CTC offered from the HR sector was INR 16 LPA.
For specializations like Marketing and Finance, SCMHRD will be a better option as well, due to the compact batch size, better placement stats, and locational advantages.
How do various clubs and committees select members from the new batch at SIBM Pune and SCMHRD? What is the whole process?
The process usually begins at the end of the month of July. As soon as the new batch enters, all the committees and clubs are required to conduct their induction sessions to brief the batch about their respective committee and club. When all the sessions are done, Committees start their process, and it could be a common process for the society, or they could have their individual processes. The final round of the entire selection process usually involves voting. So, it’s always advisable to make good relationships with your peers. Especially if you want to be a part of Placement’s Committee or Media cell.
How are the placement scenarios in SCMHRD for finance?
The placement scenario at SCMHRD for finance is pretty decent.
- Highest CTC offered for the finance domain for the year 2022 was 20.5 Lakhs.
- Average CTC was 18.1 Lakhs which is up from 15 Lakhs the previous year.
- Median package was 17 Lakhs for 2022, up from the 15 Lakhs of the previous batch.
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