Anyone but you can decide what’s best for you. Only you can make an informed decision based on your expectations and ability to take risks. However, I will recommend you opt MSc in Finance if you are sure about your career in the Finance sector and are ready for Finance roles. In case you are not very sure, try contacting some seniors from the institute or doing some research on LinkedIn. If even after researching your gut is not very sure about Finance then opt for a core MBA only.
By taking MBA, you can test your inclinations throughout the first year and find out if Finance is really your cup of tea rather than joining an MSc and regretting it later. A slight comparison between the 2 courses is given below
Brand: Brand-wise MBA/PGDM of Sydenham is a much older and bigger name in comparison to the MSc Finance of JBIMS.
Scope: The MSc in Finance at JBIMS has a much greater scope than MBA from Sydenham.
At JBIMS, both MMS and MSc Finance offer similar opportunities. Although many students exclusively target MSc. In finance, there tends to be an obvious preference for MMS. So in the near future either MSc Finance could be a separate course from MMS or even be discontinued. Not much can be said about this. So the only factor you should consider while deciding is your own inclinations.
Given a choice between the mentioned colleges, the best institution for Finance will surely be TAPMI School of Business for various reasons.
Let us first have a look at some statistics about all the three colleges.
Particulars |
TAPMI |
IMT-G |
KJ Somaiya |
NIRF Ranking for MBA 2020 |
27 |
37 |
56 |
Placement Rate |
100% |
85% |
70% |
Average CTC |
12.7 LPA |
12.5 LPA |
10.8 LPA |
Fees |
INR 15.1 Lakh |
INR 17.55 Lakh |
INR 14.93 Lakh |
TAPMI:
Laboratories: One of the most exclusive reasons for choosing TAPMI is a well-equipped Finance Lab which helps students gain hands-on experience and understand core financial concepts through practical studies as opposed to only theory. The lab is equipped with 16 Bloomberg terminals and 7 Thomson Reuters terminals.
Curriculum: The course curriculum for PGDM BKFS at the institute is CFA C-BOK (certified body of knowledge) and FRM (Financial Risk Management) certified and meets the latest global industry standards.
Faculty: The program in Banking and Finance is backed by experienced faculty members who have years of experience in academics and industry.
Accreditation: It is one of the few management institutions in the country to have a two-tier global accreditation, i.e AMBA, and AACSB.
Extra-Curricular: The institute organizes multiple events, workshops, and industry visits to provide students with a well-rounded experience. Student managed investment funds and multiple club activities are all part of the module in finance.
IMT-G:
It offers a PGDM program in Finance that has an industrial and financial backing overlooking a high number of companies for recruitments but fails to provide a high placement rate considering an exceptionally high batch size, which keeps the majority of the students from getting a full-time job.
It observes the highest placements in the marketing department and sees very few core companies for finance, with corporate finance and banking jobs marking the minority. Apart from the brand name of IMT, it is not considered to be the best institute for a program in Finance.
KJ Somaiya:
The institute offers PGDM programs in Finance which are well-structured but fail to impress in terms of management and placements. While the fee structure of the program is lower compared to the other institutes, it observes many good companies as part of their recruitment drive due to the location, but still has an overall low placement rate within the Finance sector.
Given the three options, the best institute for a program in Finance would definitely be TAPMI School of Business for the well-structured curriculum, good placement opportunities, and facilities provided.
Candidates from every age group and varying work experience join B-Schools for a PGPM or PGDM course. The table below states the percentage of students and their work experiences at IMT Ghaziabad in the class of 2021.
Work Experience |
Percentage of students |
0-1 year |
52% |
1-2 years |
21% |
2-3 years |
20% |
3+ years |
7% |
The table below gives the number of students and their chosen branch in IMT Ghaziabad.
Branch |
Total Students |
Marketing |
390 |
Finance |
108 |
Human Resource |
9 |
BFS |
32 |
Operations |
10 |
Key Highlights:
These facts state that a candidate with a good amount of IT experience does have a lot of scope in placement after an MBA in marketing from IMT Ghaziabad, just the right amount of preparation is needed.
I personally will recommend you join NMIMS rather than IBS Hyderabad. Some major reasons that support my recommendation are
NMIMS has a decent placement scenario.NMIMS Hyderabad is known for achieving a 100% placement record. The institute successfully conducted its placement drive for the 2019-21 batch. 100% of the participating students got placed. The final placement report for the 2019-21 batch has been released. According to the report, the highest CTC rose up to INR 15 LPA. Students received an average CTC of INR 9.59 LPA.
SCIT has released the final placement statistics for MBA ITBM and MBA DSDA batch 2020-22. The highest package offered to MBA ITBM students was INR 32.29 LPA and for MBA DSDA it was INR 32.21 LPA. The placement rate recorded for both courses was 100%. Over 30 companies participated in MBA ITBM placements and more than 25 companies were part of the MBA DSDA placement drive in 2022.
Compare the ROI and check the field of specialization before making the final decision.
Yes, BIMTECH Noida does provide the PGDM course where you can take up HR as your preferred specialization which is equivalent to an MBA in HR. If you are looking for a specific course like PGDM - HR, then the institute does not provide that. BIMTECH Noida provides 4 PGDM courses –
Along with these four, there is also an executive PGDM course.
To pursue a specialization in any stream, such as HR, in the PGDM course, you need to select different subjects according to your own interests and satisfy the required number of credits as specified by the institute. For HR specialization you need to select from the below-listed subjects given by the institute –
So, yes an MBA in HR from BIMTECH Noida is possible. The institute has a legacy of more than 30 years of academic excellence which comes together to provide a great learning experience.
Although all of them are good B-schools, there are slight differences between them. The following factors make IIM, FMS, and XLRI prime brands when it comes to MBA.
So, it’s all about perception and ranking that makes IIM, FMS, XLRI stand out from the other management institutes. Although the brand tag might help you a lot, if you study hard in other mentioned good B-schools you can be at par with IIM.
If you have great scores, I will recommend you to go for an institute better than Jaipuria and if you have average scores then too Jaipuria should never be your chance. In this case, you should get your MBA/PGDM degree from any average UP college that charges low fees in comparison to Jaipuria. The placement scenario will be similar and you will end up with a smaller loan to repay. I know a friend who completed her MBA from Jaipuria and later realized that she got zero ROI from the institute. Superficially, the placement scenario seems to be great, but the kind of companies that visit are average and the placement figures are inflated.
No doubt, the institute offers a great academic environment and placements, but getting placed in a good company might sometimes become very challenging and the overall ROI will be very low. However, the institute helps in the holistic development of the student's personality and helps them become a more confident person.
My relative is currently pursuing MBA in HR at XIMB. So, it won’t be wrong if we consider his experience while taking a decision for our future.
In case you manage to get a job and are sure to prepare for CAT while working, then just go ahead with the job and appear for CAT next year. Most importantly, if you are not so effortless with English, HR would prove out to be a very risky sector for you.
Yes, NIT Calicut is a good option for an MBA. It offers good academics. You will get to learn the nitty-gritty of management from experienced faculties. The course curriculum gives students the freedom to choose two specializations.
NIT Calicut placements are pretty good for MBA. During the recent campus drive, students received a maximum CTC of INR 8.89 LPA.
MBA in Marketing is one of the greatest options available at FMS. Faculty members such as Prof Harsh Verma will provide you with the marketing expertise you seek. He teaches a wide range of subjects.
Dr. Ajay Pandit was also present during our term and was a jewel of a person. Prof Harsh Verma is a personal favorite of students because he does not teach in a typical way. He stimulates your mental process and makes you think. This improves your analytical capacity to approach a topic conceptually. I enjoyed learning about Brand Management, Consumer Behaviour, and Service Marketing with him.