It depends on which NMIMS you’re talking about. If you’re talking about NMIMS Mumbai. Then I would choose NMIMS.
Location: Between NMIMS & SCMHRD, Mumbai is one the best location to do an MBA as a large and good pool of companies will come to the campus.
Brand name- NMIMS has a better reputation and brand value then compared to SCMHRD. NMIMS stands proud as a Deemed-to-be University offering multiple disciplines across multiple campuses. What started as an institute in a small building has caught the attention of the world, thanks to its 17 specialized schools
Placements - NMIMS Mumbai average package offered to MBA Core and MBA HR students stood at INR 23.07 LPA and INR 19.40 LPA, respectively.
I believe SCMHRD is an amazing college for all managerial fields.
The HR stream is the most popular because it began with an emphasis on Personnel Management and Industrial Relations, drawing on the experiences of seasoned managers in and around Mumbai, Pune, and Nashik.
SCMHRD has been working to improve its resources and infrastructure since its beginnings. Placements have also improved. The faculty and the institution's reach have likewise grown steadily during the last decade.
As a result, admission to SCMHRD will be ideal for an MBA (Marketing) candidate. If you have the opportunity, please join.
It is hard to compare one specific major or stream but whatever is in the public domain the general ranking of these three colleges in HR domain quality-wise and RoI-wise is given below in a table.
Quality wise |
RoI wise |
XLRI |
TISS |
TISS |
XLRI |
SCMHRD |
SCMHRD |
MDI |
MDI |
Below is a table comparing these colleges on absolute numbers like fees, highest package, and average package.
Institution |
Fees (approx.) |
Highest Package |
Average Salary |
Median Package |
XLRI |
INR 26 lakhs |
INR 1.1 CPA |
INR 32.7 LPA |
INR 30 LPA |
TISS |
INR 1.4 lakhs |
INR 49 LPA |
INR 27.22 LPA |
INR 25.75 LPA |
MDI |
INR 23.5 lakhs |
INR 60 LPA |
INR 26.1 LPA |
INR 26.13 LPA |
SCMHRD |
INR 22.1 lakhs |
INR 67.60 LPA (International) INR 35.02 LPA (Domestic) |
INR 23.71 LPA |
INR 22 LPA |
For HR domain XLRI is the best and RoI wise for HR domain TISS is the best.
Usually, the application number varies every year, hence it would not be precise to pinpoint one particular number. This goes without saying that SCMHRD has a rigorous process for selecting candidates both for their MBA (Regular) and MBA (Executive) Programmes. Currently, there are a total of around 13 students enrolled in the Executive MBA in SCMHRD.
The eligibility criteria for the course is -
You should be a Graduate from any recognized University/Institution of National Importance with a minimum of 50% marks or equivalent grade and a minimum of two year’s full-time work experience after graduation in a registered firm/ company/ industry/ educational and/ government, autonomous organizations.
The answer can be divided into two main parts: Curriculum and Placements.
In terms of Curriculum, TISS is rated as having the best. Colleges whose core degree is not HR will be at a disadvantage when it comes to curriculum.
In terms of Placements, XLRI is ranked as having the best package and profile offerings, followed by a tie between TISS and SCMHRD. The colleges whose core is not HR will not offer as good a package post-MBA as compared to the colleges with core HR competencies.
In terms of packages offered, XLRI can be ranked the highest, followed by SCMHRD and TISS in a tie, and then MDI, SIBM, and XIMB.
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-
In my opinion, the best option among the given colleges is SCMHRD’s finance. I am not saying this on my own, but the data reflects the results. Let’s check the final placements for each college in the finance area.
The average package offered in the finance area at IMI Delhi is 17.64 lac per annum for the last batch. For IMT Ghaziabad, this figure is 14 LPA. XIMB is a little better than these colleges, with an average package of 20 LPA, but SCMHRD excels all of these with an average package of 22 LPA and the highest package of 27 LPA.
A Symbiosis MBA can have long-term benefits. Long-term benefits of a Symbiosis MBA include:
An MBA from an esteemed institution like Symbiosis can provide you with the business skills, knowledge, and connections you need to thrive.
It would certainly depend on whether ROI is an important factor to you or not. SCHMRD and TISS both come under the top tier colleges.
TISS doesn’t provide an MBA degree but still one of the major HR companies visit the institute for final placements. You need to understand that what you’re paying and what you’re getting in return matters a lot from a longer term perspective.
The other benefit that you get if you are studying at TISS is their small batch size and less competition. Mind you, I am not saying that competition is not healthy but sometimes, when you’re so focused on gettting the highest package offered and competing against 400 students just like you, you might miss out on the learning experiences.
There is no specific criterion by any company that visits campus. A few criteria are like what percentage of the batch is placed. If many students are unplaced, then the company can find a good pool of students they can hire. Some companies specifically look for work-experience candidates. For example, ICICI Lombard visits such campuses and asks for a candidate with at least 24 months of work experience. It all depends on how the placements committee is negotiating with the companies and what are the requirements of the companies. Sometimes they mention the number of candidates they are looking to hire. Sometimes, they don’t tell any number.