Both IMT Ghaziabad and GIM Goa are highly reputable institutes for post-graduation in marketing. Both institutes have a strong track record of producing high-quality graduates who are well-equipped to excel in the marketing field. However, when considering which program to pursue, there are several factors to take into account such as the quality of students passing out of these colleges, placement opportunities and profiles that interest you, and your academic scores.
It is recommended to research and speak with students from both institutes, as well as professionals in the field, to gain a better understanding of the curriculum, faculty, and alumni network of each institute. Additionally, if you have poor academic scores, it might be a good idea to consider a program with fewer students, to increase your chances of success. Furthermore, if you have more work experience, it would be a good idea to look into IMT Ghaziabad as it offers various opportunities for students with more experience.
IMT Ghaziabad is considered to be a tier above GIM Goa in terms of ranking, brand perception, placements, and opportunities. It is ranked in the same tier as the new IIMs, SIBM, NMIMS, XIMB, SCMHRD, and MICA. Additionally, IMT Ghaziabad is known for having a strong focus on marketing as its forte. On the other hand, GIM Goa falls in the category of institutes such as KJ, Fore, BIM, etc. It is important to do your research well and make an informed decision based on your career aspirations and goals.
To get admission in GIM Goa, I think 89.5 percentile and general non-engineer is a decent profile. People start to get admissions into baby IIMs from 93-94 percentile, so it seems easy at this profile all you need to do is excel in the interview and group discussion (if GIM organizes one).
Between TAPMI and FORE, you can go for TAPMI, as it offers good placements and a good lifestyle, FORE is also a good option if you are a Delhi or nearby resident I would suggest opting for FORE, as the ROI for both the institutes are almost identical. Still, apart from ROI, TAPMI excels in other parameters.
Based on location, reputation, and potential for job placement, the first college on the list, "Great Lakes," is the best, but it is only for people with work experience and not for freshers.
"FORE," located in Delhi, is the second best college and its institutional location makes industry exposure easy.
"Goa Institute," is not as good as the first two but still has good characteristics.
Last on the list is "TAPMI," which lacks a strong alumni base, and its graduates may have less networking and job chances than graduates from other universities with larger alumni networks.
SIMSREE is the best option among these B-Schools. It offers excellent ROI. SIMSREE fees are approximately around INR 69k for MBA. While the median CTC offered to the students is INR 10.5 LPA. Situated in Mumbai, it also enjoys a locational advantage. As it's easier to get placements opportunities and internships.
IMT Ghaziabad and KJSIMR are the next best choices. IMT G has a better placement record. As per the 2022 placement highlights, IMT Ghaziabad average package s around INR 15.57 LPA.
NMIMS, Navi Mumbai had a rank of 24, LBSIM had a rank of 85, TAPMI, Karnataka had a rank of 27, IMI Delhi had a rank of 28, and GIM Goa had a rank of 48 in the management category in NIRF 2020 respectively.
Admission:
To be eligible for admission, graduates are expected to have passed with a minimum of 50% along with their NPAT/SNAP/CAT/XAT score, and depending on the program, work experience is also mandatory.
Cutoff:
Placements:
Aspect | NMIMS | LBSIM | TAPMI | IMI Delhi | GIM |
No. of recruiters | 170 | 109 | 102 | 86 | 69 |
Highest CTC | 58.661 LPA | 28 LPA | 25 LPA | 22 LPA | 25.6 LPA |
Average CTC | 18.33 LPA | 9.2 LPA | 12.9 LPA | 13.07 LPA | 11.7 LPA |
Which college is a better option is a decision that needs to be made after reviewing the above facts and the college brand along with the ROI which is on an average 96% for NMIMS, 79% for LBSIM, 92% for TAPMI, 71% for IMI Delhi and 73% for GIM respectively.
Goa Institute of Management, well known as GIM is ranked 48th under the Management category of NIRF 2020. On the other hand, the National Institute of Bank Management (NIBM) is among India's reputed business schools which have been ranked 88th in the 'Top B Schools of India' list. Even Among the top 100 B-Schools of India. Even Symbiosis Institute of International Business (SIIB), Pune is a AAA accredited business school placed at 10th position by The Week for Private MBA.
Admission Process:
GIM
NIBM:
SIIB:
Infrastructure:
Placements:
Particulars |
GIM |
NIBM |
SIIB: |
Highest Package |
INR 24.4LPA |
18 LPA |
INR 19.50 Lakhs. |
Average Package |
INR 11.4LPA. |
INR 10 LPA |
INR 10.60 Lakhs. |
Placement Percent |
100% |
100% |
100% |
Top Recruiters |
ABN AMRO,HDFC Life Insurance ,HP,Haier. |
Axis Bank, Deloitte, Federal Bank, State Bank of India, HDFC Bank |
HSBC Bank, IBM Global Service, IDBI trust, ICICI Lombard, etc |
The aforementioned are the basic highlights of the three colleges. NIBM is comparatively cheaper than the other two colleges, whereas, in terms of the package, GIM and SIIB receive higher package offers than NIBM. The choice is up to you.
It is recommended that you keep SIMSREE and GIM at the top of your list of colleges to consider. Both of these colleges have a strong reputation and are well known for providing quality education in the field of management.
While IBS Hyderabad may also be worth considering, it is important to keep in mind that each college has its own strengths and weaknesses. It may be more suitable for some students based on their individual needs and goals, while it may not be the best fit for others.
On the other hand, SIBM Bangalore should not be included in your list of colleges to compare. There may be various reasons why this college is not as highly ranked as the other colleges mentioned, and it may not provide the same level of education and resources as the other colleges.
In conclusion, it is important to carefully consider all factors and make an informed decision based on your individual needs and goals. Take the time to research each college and weigh the pros and cons to determine the best fit for you.
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. |
NMIMS School of Management Bangalore has been ranked at 29 for private MBA by Business Today in 2019 and offers a two-year full-time MBA-PGDM course with Marketing/HR and Finance specializations. Goa Institute of Management is ranked at 48 for MBA by NIRF in 2019 and offers a PGDM program across two-years with a Finance and Accounting specialization.
While both the institutions offer a well-structured program, let us look at some main points of difference that will help students in making an informed choice:
Admissions
Particulars |
NMIMS Bangalore |
GIM Goa |
Admission criteria |
Minimum 50% score in Bachelor’s degree. |
Minimum graduation score of 50%. |
Qualifying Exams |
NMAT by GMAC |
CAT/XAT/CMAT/GMAT |
Total seats |
60 |
60 |
Fees |
16.50 Lakhs |
16.98 Lakhs |
Faculty
NMIMS Bangalore:
GIM Goa:
Infrastructure
NMIMS Bangalore
It has great infrastructure and offers a conducive learning environment for students. The entire campus is well-connected by high-speed internet, WYLAN, CCTV cameras, gated academic buildings and a hostel facility, which is distanced at 4 km from campus. It also offers free shuttle service for commuting, AI and computer labs and video-equipped classrooms.
GIM Goa:
It offers a well-stacked library which has a tie-up with the University of Ohio, a computer and finance lab, hostel facilities, and a sports complex. The campus has an in-built meditation room right across from the seminar hall which students are free to use. It also has a convenience store and amphitheater.
Placements
Particulars |
NMIMS Bangalore |
GIM, Goa |
Highest CTC |
21.4 LPA |
25.6 LPA |
Average CTC |
1.1 LPA |
11.72 LPA |
Median salary |
9.3 LPA |
11.4 LPA |
Top recruiters |
Accenture, Ambuja Cement, Airtel |
Axis Bank, HSBC, JP Morgan |
The curriculum of NMIMS Bangalore focuses on implementing soft skills and communication strategies to students through workshops and seminars. On the other hand, GIM Goa has a good mix of core and elective subjects delivering the most updated developments in the finance and accounting sectors.
GIM Goa has come a long way, and has given us some successful personalities in every possible industry. Some of the famous alumni of GIM Goa are: