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Does IMT Ghaziabad have a management quota/backdoor entry for its PGDM course? If yes, what amount of donation should one expect?
No, IMT Ghaziabad has no back door entry for any of its programs be it PGDM or DCP. IMT Ghaziabad selection process is a strict and rigorous one you cannot escape.
The admission process comprises 2 steps
- The initial shortlisting through CAT, GMAT, or XAT exams
- The Group Exercise and Personal Interview round
Both these rounds are conducted solely on the basis of merit and not favoritism towards any caste, religion, or gender.
In case someone does mention a back door entry, it is definitely a trap and you shouldn’t fail for it and waste money.
Which one is better for finance, IMT Ghaziabad Core PGDM or IMI New Delhi core PGDM?
First of all, IMI being located in the heart of the Indian capital gives its students the advantage of living in a vibrant and diverse setting full of opportunities.
In terms of finance, IMI New Delhi is well known for its degree programs. It provides a wide range of prospects, and one can expect a successful career graph in the financial industry. In addition to the PGDM finance specialization, the institute also offers the B&FS program for students who are interested in finance. The PGDM finance specialization has been totally customized to match business requirements with courses like Wealth Management, Treasury Management, Merger & Acquisition, Private Equity, International Finance, Investment Banking, etc.
It all depends on what your goal and preferences are, see which one aligns with your preferences and go for it. Below is a table comparing the overall numbers;
|
Metrics |
IMI Delhi |
IMT Ghaziabad |
|
Fees |
INR 19.10 Lakhs |
INR 19.53 Lakhs |
|
Highest Package |
INR 50 LPA |
INR 65.6 LPA |
|
Average Package |
INR 17.01 LPA |
INR 17.35 LPA |
|
Top Recruiters |
Barclays, Crisil, Darashaw, HDFC Bank, Adani, TESCO, Maruti Suzuki, EY |
Deloitte, Infosys, HSBC, HDFC Bank, Accenture, Cognizant |
What is the required criteria by the company who visited in MBA colleges like SIBM in Pune, ICFAI in Hyderabad, and SCMHRD in Pune during the placement?
There is no specific criterion by any company that visits campus. A few criteria are like what percentage of the batch is placed. If many students are unplaced, then the company can find a good pool of students they can hire. Some companies specifically look for work-experience candidates. For example, ICICI Lombard visits such campuses and asks for a candidate with at least 24 months of work experience. It all depends on how the placements committee is negotiating with the companies and what are the requirements of the companies. Sometimes they mention the number of candidates they are looking to hire. Sometimes, they don’t tell any number.
Which college is better for an MBA, GLIM, Chennai, or NIBM, Pune?
NIRF ranked GLIM, Chennai as the 18th best management college in India. It is one of the finest Business Schools in the country.RBI established National Institute of Bank Management (NIBM) is among India's reputed business schools. NIBM has been ranked 88th in the 'Top B Schools of India' list popularly known for Finance and Banking.
The table given below shows a brief overview of both institutions:
|
Particulars |
NIBM |
GLIM |
|
Rank |
88 |
23 |
|
Fees |
1.2Lakhs |
17-19 Lakhs |
|
Highest Package |
18 LPA |
18.30 LPA |
|
Average Package |
10 LPA |
9.30 LPA |
Admission Procedure:
NIBM:
- The fee structure for the entire duration of 2 years is INR 12,00,000, involving hostel and mess charges.
- The seat intake is around 120 seats.
- CAT, XAT(80%), CMAT(95%) exams are accepted here.
- Followed by writing tests and interviews.
GLIM :
- Candidates must have a bachelor's degree in any branch.
- Candidates in the final year of their course can also apply but only PGDM, not PGPM course.
- CAT/XAT/CMAT/GMAT scores are accepted here.
- Candidates are shortlisted on the CAT/XAT/CMAT/GMAT scores followed by personal interviews.
- The basic fee structure for PGPM is INR 18-20 Lakhs and for PGDM is INR 17-19 Lakhs, including all living expenses.
Infrastructure :
- NIBM campus is centrally air-conditioned and speeds wi-fi service. Cultural festivals are conducted every year. Posses Auditorium, IT equipped laboratories and digital library. Girl's Residentials are fully furnished with strong security 24X 7.
- GLIM has good access to library and AV resources. Holds AC residential accommodations supported with other basic amenities like a mess, TV, security, store, etc. Wi-Fi enabled campus. Supported with other facilities like labs, cafeteria, gym, Hospital, sports complexes, etc.
Placements:
NIBM:
- NIBM assures 100% placement.
- The highest package calculated is around INR
- INR is the estimated average package in NIBM.
- Axis Bank, Deloitte, Federal Bank, State Bank of India, HDFC Bank are some of the prominent recruiters of NIBM.
GLIM:
- The Highest CTC records to be 34.50 LPA and the Average CTC is INR 12.33 LPA in PGPM.
- The Highest CTC records to be and the Average CTC is INR in PGDM.
- 80-90% of GLIM students get placed.
- JP Morgan, RBS, Mc Kinsley, Indegene, IPAC, ICICI Prudential, etc. are the first time recruiters.
Both the B-School's package range is relatively the same. If you are interested in banking and finance, there is no better match than NIBM but if you are aspiring for something different then your choice may vary. It's totally based on the domain you are interested in.
Which one should I choose, IIM Kashipur or IIT Madras for an MBA?
Choose IIT Madras for an MBA if you want lower fees and a smaller batch size. However, if you want to be a part of a community that is rich in experience, with a rigorous curriculum and a reputable college, choose IIM Kashipur.
After a few years, people will notice the amount of effort you put in to establish yourself in a competitive corporate environment, better in an IIM than an IIT Madras. You will be sorry that you did not attend an IIM when you had the opportunity. IIMs have a stellar reputation in the MBA field, and there is a reason for this.
You must always choose IIM Kashipur over IIT Madras.
How good is NICMAR, Pune for an MBA?
NICMAR, Pune offers an MBA in Construction Project Management. The program teaches building project management abilities.
Industry professionals praise NICMAR's MBA program. Construction companies and leaders regularly contact the institute. Industry-experienced faculty members ensure that the program's curriculum meets industry needs.
NICMAR's MBA program emphasizes industry projects, site visits, and internships to strengthen students' technical and managerial skills. L&T, Shapoorji Pallonji, and Tata Projects hire from the institute.
Overall, NICMAR's MBA program is a good alternative for construction project management professionals. It's a specialised program that combines technical and managerial abilities to help you succeed in construction.
Is it worth pursuing an MBA from IIM Trichy? I am a business consultant making 6LPA now, so worried about the financial results from Tier 2 IIM.
Joining an IIM solely to get placed at a high-paying job is not the right perspective. A working professional should pursue an MBA to enhance his skills and acquire extra knowledge. You should be looking for the following in an MBA
- The new skills you will acquire
- Understanding of the new tactics of Businesses
- Learning the art of discipline and other work ethics
- Bonding with people from diverse cultures and hierarchies.
- Conducting case studies and broadening your problem solving skills.
Only if you value these aspects can IIM Trichy benefit you in any way. But if you focus just on ROI, it’s high time you target IIM A B and C only.
Are New IIMs (Trichy, Udaipur, Ranchi, Rohtak, Raipur, Kashipur) good for MBA in Finance? If not suggest some B-schools. Really interested in investment banking.
Honestly speaking, a career in investment banking should not be considered by the new IIMs. It’s a too ambitious profile to match the relatively new curriculum of these IIMs. Even if you are in a top B School, you will have to remain among the top students to get placed for a front-end role. One can still get roles in corporate & business finance but getting roles in Investment Banking is rather difficult.
Yet if you are not choosing an older IIM and want to choose a newer one, IIM Trichy is the best among them. The order is
IIM Trichy > IIM Udaipur > IIM Ranchi
There are many B Schools apart from IIMs that offer great Investment Banking roles. These include SPJIMR, JBIMS Mumbai, IIFT, and XLRI.
What are my chances of getting into IIMs, XLRI, FMS, IIFT with 92% in 10th, 74% in 12th, and a CGPA of 8.2? What percentile should I aim for?
Getting into top B-schools depends on your profile and academic grades as it plays a major role in the marking system in PI. The scores mentioned in the question are good enough and you have a good chance of getting into IIMs, XLRI, FMS, and IIFT.
Moreover, if you are aiming for the top B-schools of the country stop restraining yourself with the thought of what's the minimum percentile. Aim for the full score and try to maximize as much as possible.
Try not to follow the cycle of multiple attempts and increasing a little percentile over the past one just to get in a B-school of your choice. Just Give it one shot but make it your best.
Going by the academics you mentioned, I'd say there's nothing that you can do about it now so stop worrying and focus on your preps. Just give you the best in your attempt and make sure you convert the calls which will eventually land you up in one of the finest top B-schools.
Is the ISB in Hyderabad any good for an MBA, or is any university in the USA better?
ISB is not limited to Hyderabad only but has a second campus at Mohali too. Anyways comparing an Indian school with a US school is outright illogical and unjustified. ISB Hyderabad’s ranking speaks of its own worth as it stands in the 27th position in FT Rankings. The Financial Times rankings are one of the highly esteemed rankings and only a few top Indian B Schools have been able to make it there.
Comparison of ISB Hyderabad with the US B Schools cannot be done vaguely and proper parameters should be defined. Going through the FT Rankings might clarify your doubts regarding other B Schools and which one to choose.
ISB Hyderabad is a world-class Indian B School in the sense that it offers the following unique facilities
- The duration of the MBA program is 1 year in contrast to the 2 years duration of the MBA program at other B Schools.
- The institute offers a Global MBA degree in India
- The visiting faculty is top-notch, consisting of big names from foreign universities like Wharton, Harvard, LBS, and Kellogg.
- The placement scenario at ISB Hyderabad is excellent
- The peer group has students from diverse backgrounds
- The institute offers an enriching research culture to research enthusiasts
All these make ISB Hyderabad one of the most coveted B Schools in India.
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