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Should I get into an MBA at Sydenham or try for an MSc. in Finance at JBIMS?

RD
Rochella Dsouza Posted On : February 21st, 2023
MMS in Marketing, Jamnalal Bajaj Institute of Management Studies (Graduated 2015)

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.

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Which is better for Finance IMT-G, TAPMI or KJ Somaiya?

AB
Abhijit Bhaskar Posted On : December 4th, 2020
PGDM from T. A. Pai Management Institute (2019)

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.

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I have 3.5 years of experience in IT industry. Will I face issues in placements if I pursue MBA marketing from IMT Ghaziabad?

DG
Damini Garg Posted On : March 12th, 2021
Studied at Institute of Management Technology, Ghaziabad

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:

  • According to the above tables, 7% of students have 3+ years of experience and 390 students chose marketing. 
  • It is obvious that companies pay more to students with work experience in placements. But, most companies prefer candidates with work experience that is relevant to their industry.
  • Candidates with experience in the IT industry can pitch themselves as digital marketing enthusiasts or specialists. Experts can help in finding opportunities and make suggestions on how a candidate can improve in his/her marketing strategy. The IT experience can help a candidate master the technical aspects and an MBA degree will help in the functional aspects of the industry.
  • For candidates wanting an FMCG or advertising job, they need to work really hard for gaining adequate knowledge. Along with that, the summer internship should be relevant to the need of the candidate and he/she should try for a PPO or a good recommendation at the same time.

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.

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Which college for MBA should I join- NMIMS Hyderabad, SCIT Pune or IBS Hyderabad?

SK
Sridhar Kattagoni Posted On : February 15th, 2023
MBA from SVKM's NMIMS (Graduated 2019)

I personally will recommend you join NMIMS rather than IBS Hyderabad. Some major reasons that support my recommendation are 

  • The institute operates under the NMIMS University’s methodology and you also get to include its brand name in your CV.
  • The institute is AMBA accredited thus meeting global standards in education.
  • The NMAT cutoff is higher than ISBAT thereby ensuring the quality of crowd and placement opportunities 
  • Associating with the NMIMS brand will let you avail lifetime benefits

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.

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Does BIMTECH Noida provide an MBA in HR?

AP
Aman Pandey Posted On : April 19th, 2021
P.G.D.M. from Birla Institute of Management Technology (2019)

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 –

  • PGDM (any specialization can be taken up)
  • PGDM - IB (International Business)
  • PGDM - IBM (Insurance Business Management)
  • PGDM - Retail

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 –

  • DM-321 Learning and Development
  • DM-322 Organization Development and Leadership
  • DM-323 Human Resource Planning
  • DM-421 Talent Acquisition, Retention & Engagement
  • DM-422 HR Metrics & HR Analytics
  • DM-423 Management of Industrial Relations
  • DM-424 Managing People and Performance in Organizations
  • DM-521 Compensation Management
  • DM-522 Labor Legislative
  • DM-523 Personal and Managerial Effectiveness

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.

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When it comes to an MBA everyone talks about IIM, FMS or XLRI. Is PGDM or a degree from any other reputed B-School like IMT, Symbiosis, or MDI not worth mentioning?

SG
Souvick Gupta Posted On : May 20th, 2021
studied PGDM at XLRI

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.

  • Every IIM is carrying a legacy of IIM Tag. In the current market, the number of IIM Degree holders is much higher than others. IIMs have a long history and they have branches all over India.
  • XLRI and FMS come in the next group of IIM ABC. The courses offered by these institutes are highly reputed.
  • MDI, JBIMS, SPJAIN, and new IIMs are the next in order. These colleges are trying their best to achieve the benchmark set by IIM ABC. 

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.

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Which is best, Jaipuria Institute of Management Lucknow or Amity Business School Noida for an MBA?

TA
Tithi Aggrawal Posted On : July 11th, 2023
Lives in New Delhi

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. 

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Should I join XIMB or give a second CAT Attempt?

SG
Souvick Gupta Posted On : April 16th, 2021
XIMB

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.

  • Try not to pursue HR specialization just for the sake of going for higher opportunities immediately after completing the master’s. Get to know more about the role of HR in an organization. 
  • If you feel that you can excel in the role of an HR manager, only then go for it. This is a common mistake people commit and then end up hating themselves as soon as they start to work as HR managers.
  • Doing an MBA in HR without any experience might cause you a little trouble when it comes to understanding a few of those courses. Opportunities to get placed in good companies won’t have any effect. 
  • In fact, there are a few companies which recruit only freshers as HR managers and also offer good salary. But if you can’t manage to get a job, then you need to take your decision judiciously. 
  • Staying jobless for a lot of time would hamper your opportunities to a great extent. 

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.

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How good is NIT Calicut for MBA?

AM
Aditi Mishra Posted On : May 28th, 2022
MBA Finance & Business Analytics, School of Management Studies, NIT Calicut (2022)

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. 

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Is MBA in marketing good in FMS Delhi?

SJ
Sidhharth Jain Posted On : May 30th, 2023
Studied at FMS

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.

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