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Which is the better choice between SCMHRD, Pune and IIM Sambalpur considering the current covid19 scenario and fees?
Now as covid - 19 is not on the rampage it was two years ago so you can join the college campus without any fear.
Coming back to which one you should choose among the two and join, it is your personal choice which depends on your goals and preferences. Below is a table comparing the two colleges on the basis of fees highest salary package, average salary package, and the median salary package as of 2023 figures;
|
Criteria |
SCMHRD |
IIM Sambalpur |
|
Fees |
INR 22.1 lakhs |
INR 11 lakhs |
|
Highest Salary Package |
INR 67.60 LPA (International) INR 35.02 LPA (Domestic) |
INR 64.15 LPA(International) INR 64.61 LPA(Domestic) |
|
Average Salary Package |
INR 23.71 LPA |
INR 16.64 LPA |
|
Median Salary |
INR 22 LPA |
INR 16 LPA |
How is the rapport between juniors and seniors at SCMHRD?
The scenario between seniors and juniors totally depends on how much you, as a junior, are taking the initiative to go and talk to them. Seniors like it if you go to them for any query.
If I talk about my relationship with the seniors when I used to study in the first year, it was pretty harmonious. I was a junior member of the cultural committee at SCMHRD, and I had a strong relationship with all of my seniors on committees and with those who were not part of any clubs or committees. I always used to go to them for my career options and what courses I should take. We also used to have drinks sometimes, so I really enjoyed my time at SCMHRD.
Do ad agencies, media houses recruit from NMIMS, SIBM Pune, SCMHRD etc.? What is the average salary offered across various roles?
Very few or rarely any ad agencies or media houses come to campuses of NMIMS, SIBM Pune, and SCMHRD for recruitment and final placement. The packages offered are usually below the average package of the institutions. Various marketing roles are offered to the students of these colleges and many marketing companies visit for recruitment.
The Average Package in NMIMS Mumbai is INR. 23.07 LPA and the highest salary package offered is INR. 57.65 LPA.SIBM Pune highest package stood at INR 35.05 LPA & SIBM Pune's average package stood at INR 26.77 LPA
Profiles are Regional Marketing Manager, Brand and research manager, Brand Communications and Manager, Retail Manager, Marketing Lead, etc.
Some Institutions provide specializations in this specific domain of media and mass communication, and advertisement like Symbiosis Institute of Media and Communication, Indian Institute of Mass Communication, MICA, etc.
What is the average placement of SCMHRD, Pune for an MBA finance program?
Overview of MBA Finance from SCMHRD-
- Academics - SCMHRD course curriculum is rather severe, and it is geared towards finance, mostly because all students are mentally prepared to work hard in finance; otherwise, they will pursue another specialization. So get ready to trudge wallow slog. The course structure is consistent with industry norms and comparable to other reputable universities.
- Placements - Some large banks, such as ICICI, Citibank, AXIS, and HDFC, come for placements and may assign you to the post of relationship manager or credit analyst (depending on your luck). Then there's equities research in HSBC, verity solutions, DE Shaw.. front-end IB in HSBC..credit analysis in JPMC, DE Shaw, and more...so you've got a lot of options.
- The teachers are excellent and are CFA/FRM certified, CA, MBA Ph.D., and bankers. As a result, you receive a wide range of perspectives.
- Candidates are largely engineers, with 1-2 CAs and 4-5 BBAs or commerce degrees. In general, the batch is highly competitive. The majority of them seek CFA/FRM qualifications and other industry-accepted certifications.
SCMHRD also provides a fantastic platform for participation in many institute and corporate events. It is one technique to distinguish yourself from the herd.
Placement Figures of MBA Finance-
- Highest Package- INR 27 LPA
- Average Package- INR 21.97 LPA
- Median Package- INR 20.70 LPA
- Top 10% Average CTC - INR 27 LPA
- Top 25% Average CTC - INR 27 LPA
- Top 50% Average CTC - INR 27 LPA
Which will be a better choice, NICMAR, RICS, SCMHRD IM, or XIMB UMG?
NICMAR, RICS, SCMHRD, and XIMB all of these are reputed management institutes in India. NICMAR conducts NCAT and SCMHRAD conducts SNAP to take admission. Whereas, XIMB and RICS select students based on their performance in CAT/XAT/GMAT, etc.
Rankings:
-
NICMAR is ranked 1st amongst the top colleges in ASIA.
-
RICS, Amity University is one of the six Indian institutes which have made it to QS Asian University Rankings.
-
SCMHRD is ranked 4th state wise and city wise in 2020 by the Indian Institutional Ranking Framework (IIRF).
-
XIMB, Xavier University Bhubaneswar has been ranked 10th amongst All India Private B-School by IT-MDRA B-School Ranking 2019.
Placements:
Highlights of the placements at the institutes are as follows.
|
Criteria |
NICMAR |
RICS |
SCMHRD IM |
XIMB UMG |
|
Placement Percentage |
99.2 |
93 |
90 |
100 |
|
Highest Package (INR) |
13 LPA |
32 LPA |
15.4 LPA |
9.36 LPA |
Top Recruiters:
-
NICMAR: Adventz Group, Rabico Engg. & Construction, Reliance Industries Ltd, AFCONS Infrastructure Ltd, Synergy group, etc.
-
RICS: Turner & Townsend, AECOM, Rider Levett Bucknall, Formulaic Engineers Pvt. Ltd, GMR, and many more.
-
SCMHRD IM: Deloitte, Cognizant, Amazon, Vodafone, Kotak Life, Google, IBM, Cipla, Godrej, and many more.
-
XIMB XUB: Tractebel GKW GmbH, Recity Network Pvt. Ltd., Convexicon Software SolutionsIndia Pvt. Ltd., CURE, etc.
Facilities:
NICMAR:
-
It has a library with a rich collection of more than 23000 thesis, 2300+ volumes, 495 teaching notes, 13 e-resources, and 75 printed periodicals.
-
Other facilities like hostels, 24x7 wifi connections for computer labs and classrooms, auditorium, 3 conference halls, and outdoor sports facilities are offered.
RICS:
-
The institute has more than 100 faculty members and 1000+ students studying on the campus.
-
Classrooms with new-age teaching tools, computer labs, a library with 2 lakh+ books, periodicals, references to international and national journals, food courts, and cafeteria are the facilities offered by the institute.
SCMHRD:
-
Scholarships are offered only to students of MBA who top the first semester A total of 50% tuition fee waiver is covered by the scholarship.
-
The institute has a health center with specialized doctors, a yoga center and gymnasium, hostels, a library with a huge collection of more than 2000 audio and video files, 24000 books, and periodicals.
XIMB UGB:
-
Library, residential facility, medical help, sports, fitness facility, and professional audio-video studios are the facilities offered.
NICMAR, RICS, SCMHRD, and XIMB all these colleges are highly reputed and have nailed down their efficiency in terms of education, placements as well as all the factors required for the development of the student’s academics and career.
Should I go for SCMHRD MBA in IM or SSBF?
SCMHRD offers specialization programs including Project Feasibility and Finance, Transportation, Energy, and Urban Infrastructure in the field of Infrastructure Management (IM). SCMHRS has been accredited with grade ‘A’ by NAAC.
Whereas the Symbiosis School of Banking and Finance offers both the MBA and certificate program in the field of Banking and Finance. SSBF was awarded as “Management College of the Year” by Higher Education Review Magazine in 2019 and ranked 10th by Innovative Zone Magazine as Best Educational Institute in India.
The course fees at the institutes are as follows.
|
Year |
Year 1 |
Year 2 |
|
SCMHRD MBA IM |
? 610000 |
? 590000 |
|
SSBF |
? 640000 |
? 640000 |
Scholarships:
SCMHRD MBA IM:
-
The SCMHRD offers scholarships to the MBA students declared topper in the first semester, which can cover up to 50% of tuition fee waivers.
-
To receive a scholarship for a perceivable future, students have to maintain a minimum GPA of 7.50.
SSBF:
SSBF offers the following scholarships and awards to its deserving students.
-
Post Graduate Merit Scholarship awarded to the semester topper student with a minimum of 7.50 GPA.
-
Scholarship by University Sports Board awarded to the 05 outstanding sportsmen and sportswomen.
-
Late Jayatee Deshmukh Best Outgoing Girl Student Gold Medal Award.
Placement:
SCMHRD MBA IM:
-
A total of 93 recruiters participated in the recruitment drive for the 2018-20 batches, and 38% of students received the Pre-placement Offer.
-
The highest CTC received by the student was 15.4 LPA, the average CTC received was 12.1 LPA, and the top 25% of candidates received 14.7 LPA.
-
The top recruiters include Wipro, Capgemini, Bajaj Auto, Boston Scientific, Reliance Industries, Mahindra & Mahindra, and many more.
SSBF:
-
SSBF provides placement assistance to final year students. The institute holds a record of 100% recruitment.
-
The highest CTC offered to a candidate was 10.11 LPA, and the average CTC received is 7.11 LPA.
-
A wide range of roles is offered to the students which include Relationship Manager, Wealth Management, Product Management, Credit Manager, Operation, Channel Officer, Retail Branch Banking, etc.
-
The top recruiters visiting the campus are CRISIL, JP Morgan Chase, HDFC Bank, ICICI Bank, Care Ratings, etc.
Above are the key points about SCMHRD MBA IM and SSBF, one can distinguish them both using those points and can make a decision.
Which college is better for marketing MICA or SCMHRD?
Both MICA and SCMHRD are equally good institutes in terms of the average package offered, reputation in the industry, and exposure to opportunities.
SCMHRD is visited by companies offering the majority of profiles related to sales roles with very few marketing roles like campaign management, brand management, relationship management, etc. The companies visiting campus are FMCG, IT, banks, manufacturing clusters, and likewise.
At MICA, companies offer versatile profiles like marketing and communication honing the creative side of the students as well. Companies from diverse sectors such as Ad agencies, media, and communication, digital marketing agency visit the campus for placements and choose candidates in accordance with the requirements of their roles.
Are students allowed to leave the SCMHRD Pune campus?
Students are allowed to go outside the campus but are strictly abided by the following rules. Return Hour: Students shall return to the Hostel before 10.30 PM, (11.00 PM on Saturday / Sunday / Holidays only in case the mess is closed) after which gates will be closed.
What's the fee refund policy if I withdraw after one month of classes?
Percentage of Refund of Point of time when notice of withdrawal of fees* admission is received in the HEI:
(1) 100%- 15 days or more before the formally notified last date of admission
(2) 90% -Less than 15 days before the formally notified last date of admission
(3) 80% -15 days or less after the formally notified last date of admission
(4) 50% -30 days or less, but more than 15 days, after formally notified last date of admission
(5) 00%- More than 30 days after formally notified the last date of admission.
What are the charges of membership of Cells and Clubs at SCMHRD?
Membership for the clubs and cells is free of cost, with the only selection criterion being an interview. Upon selection, Students are granted membership. The Corporate Relations Team is the most important of all. They organize and coordinate Corporate engagements throughout the year enabling the placement of the batch. The team also coordinates with all the other student committees and ensures that their committee activities align with the interests of all the stakeholders of the Institute. There are also different clubs and cells like Infrastructure Committee, SCOPE, ANALYTICS Club, Entrepreneurship Cell, Management Committee and many more.
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