You should know that in order for any institute to be good, it should have a relevant curriculum that is delivered by competent faculty. It also needs to have a strong peer group with the institute generating good career opportunities for students. Here are some points you can evaluate with regards to Praxis:

1. Curriculum: At Praxis, you can look for subjects in the areas of Marketing, Finance, Operations, IT Systems, and HR. The curriculum will help you get recruited and start your career in good areas.
2. Faculty: The faculty at Praxis is very well known for its quality. Most of them have studied at premier institutes like IIT, IIMs, and International Universities. Many of them also teach at institutes like IIMS Calcutta, Lucknow, Shillong, Ranchi, Udaipur, Raipur, XLIR, XIM, GIM, and other famed institutes.
3. Peer group: The program is based in Kolkata and is residential. You will find a mix of engineers, science students, commerce graduates as well as humanities students all of which have had work experience of fewer than 2 years. The institute also has a small batch size of 60 which promotes a tight-knit community.
4. Placements: Most alumni have gone on to secure senior positions in popular companies. The institute has generated well-paying jobs for more than 90% of its students with an average pay of INR 7 LPA.

Here is a table to show the companies that have recruited students in the last few years:

You can do your research and make your own decision.

Do not believe in the ranking of the college. It will cost you if you are not a resident of Mumbai as the college does not have a hostel and spending this much amount for an MBA is really stupidity.

You will get an average package of around 12.5-13 LPA for core and 9-10 LPA for HR. Also, the college charges separate amounts for GDPI round and after the release of results, the college demands 9 lakh be deposited immediately within a week.

Also, it is believed that sitting in centralized AC and roaming in posh areas would not help in your overall development but exposure to different fields prepares you for the professional front.

Lastly, we can say that spending too much without availing facilities is not worth it. So abstain from getting admission here. Instead, take admission in other top management colleges where you get exposure to various other fields as well.

NMIMS Mumbai offers a good MBA program. It has a brilliant faculty base. Most of the faculty members are well-experienced and cooperative. If you are interested, you can research under any professor of your choice. It follows the Harvard case studies. You can learn and participate in the case study competitions. 

NMIMS Mumbai placements 2022 had an average CTC of INR 19.40 LPA. While the highest CTC offered by the institute was INR 24.84 LPA. Located in the finance capital of the country, it also offers good exposure to students. 

The minimum percentile required in CAT to get into Great Lakes Chennai for PGPM is 80 percentile. Great Lakes PGPM CAT Cut off 2023 will be based on aggregate percentile score although candidates should also have scored well across the sections of the entrance exams.