Data Science has huge scope in specific industries. If you are skilled you can bag good job profiles with cushy salary packages through PSG Tech placement drive. Usually, students of this branch get placed as Data Analysts and Junior Data Scientists. The salary packages offered for the branch ranges between INR 4 LPA to 20 LPA.
You can do two things:
If I want to live and work in India or somewhere else.
You won't be able to get an internship abroad from NMIMS because there are roles/jobs available. So, if you want to work outside of India, you should get either a MIM or an MS. In that country, it's easy to get a job.
Suppose you get a job in X County. There is a good chance that everyday costs will be higher than in India. The best part is that after you get some training, you can go back to India whenever you want. People who work outside of India have a global view because they work in different places and meet people from different countries and with different values. This means that you will also bring your new way of thinking to the company you will be joining in India. You can help businesses that want to grow internationally or get to know their customers from other countries.
How much of the risk are you ready to take?
The cost of an MBA at NMIMS would be between 25 and 27 lakhs. And the interest rate on school loans in India is between 8 and 10% right now. And the average deal is around 24 lakhs, which means you can easily pay off the loan in 3–4 years.
For MS, you would need at least 45 lakhs plus some extra money for other things that could go wrong. Placements will depend on where you go to college, so you should look into that. Then you can see with your own eyes how many years it will take to pay back the loan.
An MS from DSE or IIM Ahmedabad can help with banking positions.
For banking positions, an MS from DSE or IIM Ahmedabad can strengthen your academic basis, boost your credibility, open up job chances, and provide you access to a strong alumni network.
IIM-A's Master of Science in Management (MSOM) program develops students' analytical and problem-solving skills. Advantages of an MSOM from IIM Ahmedabad over a top MBA:
The program emphasizes quantitative methods and analytics, making it suited for students interested in data analytics, consulting, or operations management.
Greater depth of learning: Compared to a conventional MBA program, the MSOM program offers a deeper and more specialized curriculum that helps students understand management ideas and their applications.
World-class faculty: IIM Ahmedabad's faculty are world-renowned experts. These esteemed professors will teach MSOM students, enriching their education.
Strong alumni network: IIM Ahmedabad's powerful alumni network can assist students' networks and enhance their professions.
Career opportunities: Top firms across industries want MSOM graduates for their excellent analytical skills and broad management knowledge.
An MSOM from IIM Ahmedabad may give students a unique and specialized learning experience that can help them stand out in the job market and advance in their professions.
First of all, there is no fixed cutoff for MS at any institute. The students are called as per the needs of the concerned professor and the cutoff does not matter. Students are screened through a thorough process including a separate written exam followed by an exam interview. Nevertheless, I have tabulated the IIT Palakkad GATE cutoff 2022 for various categories below
Program |
GEN |
OBC |
SC |
ST |
EWS |
Geotechnical Engineering |
403 |
535 |
339 |
276 |
458 |
Manufacturing & Materials Engineering |
382 |
391 |
362 |
– |
337 |
Computing and Mathematics |
488 |
327 |
327 |
– |
440 |
Data Science |
565 |
414 |
312 |
– |
524 |
Power Electronics & Power Systems |
507 |
362 |
357 |
– |
514 |
IIM Ahmedabad's MBA and MS in Finance programs have different career pathways.
The MBA covers finance, marketing, operations, and strategy. The program trains students in leadership, decision-making, and problem-solving for a variety of organizational jobs.
However, the MS in Finance program teaches advanced financial theory, investment analysis, and financial management. The quantitative, technical program prepares students for finance occupations like investment banking, risk management, and financial planning and analysis.
Both programs can lead to great careers, but the student's interests, skills, and job market conditions at graduation will determine the path. MBA graduates can work in business, government, and nonprofits, whereas MS in Finance graduates can work in finance-specific roles in investment banking, hedge funds, private equity, or other financial institutions.
IIM Ahmedabad's MBA and MS in Finance programs are great, and the student's career goals, hobbies, and background should determine their choice of which one to pursue.
I can never stop suggesting people join ISI Kolkata by any means. It’s a magical place for math lovers and has given birth to many world-renowned Mathematicians. Even the offered SERC at IISc cannot be compared to ISI.
Whenever you are choosing a college or even a branch, the best way to determine the best option is to check the faculty profiles. People who choose colleges solely on the basis of placements realize the true scenario to be way different than expected and end up regretting their decision. So, don’t aim for becoming successful only, rather become talented and skilled enough that success seeks you on its own. Stop focusing on placements, focus on other major things, and good placements will be well on your way!