Alliance University Bangalore now offers an MBA instead of the earlier DGDM degree through its two schools; Alliance School of Business and Alliance Ascent College. Make sure first which one you are applying to.
Alliance University once used to be one of the best management institutes in Bangalore but now has lost its credibility among the students due to various reasons.
As for the placements, it is still decent according to the latest reports of the institute. For the year 2020, the university reported the highest salary and the average salary of the MBA programs to be INR 22.6 lakhs per annum and INR 7.6 lakhs per annum respectively.
The fee structure for MBA at both the schools at Alliance University is given in the table below –
Particulars | Alliance School of Business | Alliance Ascent College |
Tuition Fee | INR 13.50 lakhs | INR 9 lakhs |
Registration Fee | INR 50,000 | INR 50,000 |
The university offers hostel accommodation and charges INR 81,000 and INR 96,000 for double occupancy and single occupancy rooms respectively for 6 months at its Central Campus.
When looking at the fee, the Return on Investment (ROI) does not look great. Many other universities will provide better exposure.
Before choosing between IMT Dual Country Programme and Great Lakes Chennai PGDM, consider these factors.
First, both programs have different goals, curricula, and opportunities, so you must decide which one fits your career and personal goals. The groundbreaking IMT Dual Country Programme lets students spend their first year in India and their second year at one of IMT's partner institutions overseas. In today's globalized corporate climate, this program provides a great opportunity to learn about diverse cultures and business practices.
Great Lakes Chennai PGDM is a two-year, full-time program that teaches management and business. The program emphasizes industry contact with guest lecturers, company visits, and actual projects in marketing, finance, operations, and analytics. Students interested in business and management should enroll in this program.
Choosing between the two programs relies on your career goals and interests. The IMT Dual Country Programme may be ideal for you if you wish to work in an international company and learn about diverse cultures and practices. Great Lakes Chennai PGDM is a more thorough management program that develops business acumen and managerial skills.
KJ Somaiya, Great Lakes, GIM, and TAPMI all of these are highly proclaimed institutes in India for management studies. Each of these institutes is good in different domains of management studies. KJ Somaiya and GIM are better for Finance. Whereas, GIM is reputed for Marketing.
In general, the order of preference should be as given below.
Given below is a comparison between the institutes.
Institutes |
KJ Somaiya |
T.A. Pai Management Institute or TAPMI |
Goa Institute of Management or GIM |
Great Lakes Institute of Management |
Established |
1981 |
1980 |
1993 |
2004 |
Accreditation |
AIU, NBA |
AICTE, AIU |
AICTE, AIU, NBA |
AICTE |
Rank |
56 (NIRF) |
27 (NIRF) |
48 (NIRF) |
23 (NIRF) |
Entrance exams |
CAT/XAT/CMAT/GMAT |
CAT/XAT/GMAT |
CAT/XAT/GMAT/CMAT |
GLAT/CAT/XAT/GMAT |
Selection |
Group Discussion and Personal Interview |
Written Ability Test, Group Discussion, Collaborative Problem-Solving Ability, Personal Interview |
Personal Interview |
Personal Interview |
Course fee |
14.93 laks |
14.3 lakhs |
15.93 lakhs |
17.15 lakhs |
Average CTC |
10 LPA |
12 LPA |
11.7 LPA |
10.14 LPA |
Highest CTC |
28.50 LPA |
25 LPA |
25.6 LPA |
28.6 LPA |
Top sectors |
Banking and Insurance sector, IT and ITES, Financial Services, Consulting, FMCG and Manufacturing. |
BFSI, Consulting, FMCG and Retail, IT, Analytics and E-Comm, Manufacturing and Core |
BFSI, Engineering/Manufacturing, IT/ITES, Sales/Marketing, Consulting, Others |
BFSI, IT/ITES Internet Business, Consulting, Research, Others (Real estate, events, manufacturing, education and auto) |
Top recruiters |
Polaris UK, Accenture, PwC and Target Inc., etc. |
Deloitte, Capgemini, ITC, JP Morgan Chase, Yes Bank, KPMG, Wipro, etc. |
AbInBev, Barclays, ITC, Deloitte, Reliance, Godrej, EY, JP Morgan, Signify, etc. |
Aditya Birla Sun Life, Deloitte, Hexaware, KPMG, Axis Bank, Federal Bank, ICICI Bank, Wipro, etc. |
Between KJ Somaiya- FS, FORE IB, and PGDM in GLIM, Gurgaon which one you should choose depends on your perspective and expectation from the MBA degree. Given below is a brief discussion on the programs maintained in the question.
KJ Somaiya:
KJ Somaiya is considered one of the best MBA institutions. Situated in the finance capital of the country, Mumbai, KJ Somaiya offers excellent placements in the Finance domain.
FORE School of Management -
PGDM IB (International Business Management) is a 2 year full time course which aims at preparing students to take up careers in corporate houses and family businesses engaged in International Business Operations. It provides management education in the context of the global business environment.
Great Lakes Institute of Management, Gurgaon -
It is one of the top 5 emerging MBA colleges in Delhi NCR.
IMT Ghaziabad and IMI Delhi both are premiere institutes catering to the domain of management. To get a clear view we need to understand both the options comprehensively.
IMT offers a long intense international experience for the Dual Country Program and the opportunities to experience international waters and work with dynamic organizations.
IMI Delhi Banking & Finance gives a comprehensive program for high-quality banking acumen development. The important details to be focused upon are as follows.
Admission:
Both IMT Ghaziabad & Delhi provide an affordable range of fees in sync with the facilities offered.
IMT Ghaziabad fees are INR 22 Lakh while it stands at INR 18 Lakh for IMI Delhi.
IMT Ghaziabad provides 120 seats in comparison to 50 seats in IMI Delhi.
For both the institutes, the eligibility criterion stands at graduation with a valid CAT/ MAT/ GMAT score.
Course Details:
IMT Ghaziabad offers the Dual Country Program in two countries,i.e. first year in Dubai and second in Ghaziabad.
IMI Delhi Banking & Finance provides you the needed professional exposure in order to cater to the banking requirements of the market.
Internships:
In IMT Ghaziabad, after finishing 1 year, students are given opportunities to intern in UAE & Middle East countries. The stipend details are as follows.
Highest |
Average |
Median |
3650 AED/Month |
1873 AED/Month |
1800 AED/Month |
IMI Banking & Finance gives internship opportunities with leading banks in the market for 3 to 6 months.
Placements:
The major companies involved in offering job opportunities are Pidilite, Genpact, RSA Global, SAIL, Mahindra Holidays, ITC Hotels in the case of IMI Ghaziabad. The average package is around INR 12-14 LPA while the highest stands at INR 34 LPA
All candidates of recent batches of IMI Delhi Banking & Finance were placed at good companies like HCL, EY INDIA, ICICI BANK, Deloitte, Grail Insights.
The choice between two depends on whether you prioritize domain-specific or location-specific learning. Greater exposure requirements can be catered by IMT while IMI Delhi offers sector-specific exposure and opportunities.
GLIM Chennai, as well as, IMT Ghaziabad are well- known institutions in India for management education. As a brand, IMT Ghaziabad has more recognition than GLIM Chennai among recruiters. However, GLIM Chennai has a location benefit as it is situated in Chennai, South India’s second most popular IT hub.
Given below are the few factors that you should take into consideration when choosing the institute.
Particulars |
IMT Ghaziabad |
GLIM Chennai |
Approved by |
AICTE |
AICTE, NBA |
Rank |
37 for MBA by NIRF |
23 for MBA by NIRF |
Entrance exams accepted |
CAT/XAT/GMAT/CMAT |
CAT/XAT/GMAT/CMAT |
Intake |
420 |
420 |
Specialization |
Marketing, Finance, Banking & Financial Services |
Finance, Marketing, Operations & IT, Analytics, Artificial Intelligence & Machine Learning |
Fee |
INR 17.5 Lakhs. |
INR 16.01 Lakhs. |
Duration |
2 years. |
1 year. |
Average CTC |
12.50 LPA |
13.1 LPA |
Highest CTC |
57.40 LPA |
29 LPA |
Top Recruiters |
Mahindra & Mahindra, Citi Bank, Google, D.E. Shaw, Citi Bank, Whirlpool, Arcesium India, HCL, Deloitte, E&Y, Accenture, Infosys, Bosch, Royal Bank of Scotland, and many more. |
HSBC, L&T, Cognizant, Amazon, Deloitte, Cognizant, Accenture, etc. |
There is no difference between the placement for PGDM or Postgraduate Diploma in Management course and MMS or Master of Management Studies course offered by KJ Somaiya. The entire batch for both the courses goes through the same placement process.
According to the placement drive 2019-2020 statistics of KJ Somaiya, almost 97% of students have received placements. Students have received job offers from Industrial sectors like Banking and Insurance sector, IT and ITES, Financial Services, Consulting, FMCG, and Manufacturing.
The top recruiting companies included Polaris UK, Accenture, PwC, and Target Inc. A total of 165 companies participated in the placement program and the number of new recruiters was 39. The highest and average CTC received by the students were 28.5 LPA and 10.08 LPA.
The difference is in the PGDM and MMS is mainly the admission process, duration, and the fees. The placement procedure is more or less similar.