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Is the NMIMS M. Tech in Data Science worth joining?
NMIMS Deemed to be University has inaugurated a full-Time M. Tech. in Data Sciences (Business Analytics) and has been attuned by leading academicians and experts from the industries. The institute has been ranked 57th among Top 200 universities in India by NIRF 2020 Rankings. ARIIA has ranked NMIMS at 26th out of 50 top universities in India. The total fee for the course is 10.03 Lakhs.
Eligibility:
- B.Tech. / B.E. final year students can also apply.
- Students applying, must have a minimum aggregate 55% marks or CGPA 3.0 or above out of 4 in B.Tech. / B.E. in all streams or M.Sc. – Maths, Statistics, Computer Sciences, IT, Electronics, MCA or AMIE or the other equivalent UGC approved qualification for M. Tech. program.
- Candidates who hold a graduation degree by doing a part-time course or via distance learning, externally, open school from recognized University are equally eligible to register as per UGC guidelines.
Placement:
- The college organizes placement drives for 4th-semester internships and most of the students get PPO’s according to the standard of industries.
- More than 166 companies visited the campus as of 2019 records and have a tie-up with more than 300 companies.
- Past recruiters of the college include Reliance industries limited, SAS, Morgan Stanley, FedEx, Axis Bank, Fidelis Macro Global Fund, Capgemini, Mahindra Group, etc.
- The internship stipend ranges from 20,000 to 80,000 per month which could be considered pretty decent.
- For the batch 2019-21, the placement season commenced a little early, and Reliance industries limited and SAS have already visited the campus and recruited students.
The details discussed above will assist you in acknowledging the college wisely for Masters in Data science you would like to prefer. However, the requirements must be considered a bit like the placements, fee,s and faculties to form sure your chances of getting admitted.
Which is better, ISBF Delhi or NMIMS Mumbai for economics honours?
Both the colleges ISBF Delhi and NMIMS Mumbai offer a decent Economic Honors program. I have drawn a detailed comparison between the two on the basis of the following parameters
Worth of the Degree: NMIMS might be a reputed college but its degree cannot be compared to that of ISBF which offers a University of London degree in addition to academic assistance from London School of Economics and Political Science, the top-ranked institute in Economics.
Curriculum: Economics is vast and covers a very broad spectrum of subjects from development and finance to international trade. Now the University of London excellently allows the students to choose 6 electives of their choice in addition to 6 compulsory subjects. This ensures that the students get a job in the sector they are passionate about. This flexibility of curriculum lacks on the part of NMIMS.
Prospects: A DU student applying to top institutions in the UK for a master, is required to complete a diploma year before starting with his master's. This aims to compensate for the difference in the standard of education. However, anyone with a University of London degree can directly apply for a Master in top universities in the UK.
Batch size: The batch size at ISBF is relatively smaller than that of NMIMS. This aids in better student-teacher interaction and class discussions. This in turn helps in better delivery of the curriculum.
So in almost all aspects, ISBF is a better choice than NMIMS.
Does NMIMS, Mumbai fall in Tier 1 B-School category?
NMIMS is deemed to be a University owning 17 specialized schools, more than 17000 students, and 750 plus full-time faculty members. The College offers a vast array of PG and Doctoral programs in Management studies such as MBA, E-MBA, PGDM, and Ph.D. along with a few UG, Diploma, and PG diploma programs. Known for its MBA/PGDM program, the NMIMS Mumbai is AICTE accredited and has been ranked 25th by NIRF in 2022 in the management category. NMIMS Mumbai programs are nationally and internationally accredited by NBA, NAAC, AMBA, SAQS, and the Bureau of Indian Standards. Some major highlights of this elite institute are as follows
- The NMIMS Mumbai MBA programs are MBA with specialization in Finance, Information Systems, Marketing, Operations and Decision Sciences, MBA –HRM, and MBA Pharmaceutical Management.
- The fee for the MBA program is INR 23.90 Lacs. The investment in fees and other expenses is compensated by high placements, giving the students high RoI.
- NMIMS has received Global International AACSB Accreditation.
- NMIMS offers its Management programs over 4 campuses across the country
- The primary pedagogy adopted is the Case Study to stimulate practical knowledge and personalized learning through live scenarios.
Rankings
|
Ranking body |
year |
Rank |
|
IIRF |
2023 |
9th among private colleges |
|
NIRF |
2022 |
25 Private MBA; 11 in Pharmacy; 51 University |
|
Outlook |
2021 |
4 |
|
ET B School |
2021 |
6 |
|
MHRD |
2020 |
1 |
|
Business Study |
2020 |
10 |
|
India Today |
2020 |
2 |
|
The Week |
2020 |
5 |
NMAT
NMAT is an easy paper compared to other entrance exams but the competition is tough as most students attempting NMAT want to get into NMIMS. So an overall good profile can increase your chances of admission.
Which is better, NMIMS Bangalore or NMIMS Mumbai?
Among NMIMS Bangalore and NMIMS Mumbai, the latter is the better option. Here are the reasons why.
- It is older than NMIMS Bangalore. So it has a better alumni base and industry contacts.
- It has a great faculty base and decent infrastructure. You will also get the opportunity to interact with industry experts.
- NMIMS Mumbai has a 100% placement average. In the 2021 placement drive, the highest CTC offered to the students was 34 LPA.
What is the package offered to freshers in MBA from NMIMS Mumbai?
My friend was an Engineering fresher student at NMIMS and was very satisfied with the placements of freshers at NMIMS.
Summer placements
During the summer placements freshers are most preferred by sales and marketing companies, especially FMCGs. Even big finance companies hire freshers. The students whether freshers or work experience are preferred on the basis of the individual requirements of the companies which keep changing. So the placement is proportionate and no distinction is made.
Final placements
The final placements take place in 2 stages. The lateral placements are for 24 months and then executive placements are for people having less than 2 years of experience.
Packages offered
During the summer placements, freshers are offered PPOs which are hefty packages. However, for Final Placements, companies do consider work experience and thus experienced ones tend to land better packages than freshers. But the entire scenario is quite unpredictable as I have seen freshers receive the highest package as well as the lowest package. Placements depend on your overall profile which includes your grades and your luck too!
Which university is better for economics: the Narsee Monjee (NMIMS) or the Ashoka University?
Ashoka University’s B.Sc Economics program offers a major in Economics and interdisciplinary majors in Economics and Finance, Economics & History, and in Politics, Philosophy and Economics(PPE). NMIMS offers Economics courses which include core subjects as well as subjects like Psychology, Sociology, Political Science, IT, etc.
Both the universities offer decent placement. Top recruiters at Ashoka University are 4 MC, Kenzie Banks, and other social sectors and the average package offered was around 6-7 LPA. In NMIMS 77% of the BSc Economics students got placement from 2016-19 batch with an average package of 4.6 LPA. Top recruiters in NMIMS are Ernst & Young, Deloitte, KPMG, PwC, etc. Ashoka University also offers good internship facilities and summer exchange programs.
Compared to NMIMS, Ashoka University facilities are much better. Most of the faculties of Ashoka University are alumni of Harvard, Stanford, Oxford, etc. The course fees for Economics for the first year at NMIMS is Rs 2.75 lakhs while at Ashoka University the course fee is Rs 8.18 Lakhs. Both the universities provide scholarship facilities to meritorious students and those who need financial aid.
Both Narsee Monjee (NMIMS) and Ashoka University offer decent Economics programs which makes it difficult to pick one university over the other. So, choose according to your convenience.
How is XIMB BM in comparison with NMIMS HR?
Pursuing a degree in HR from NMIMS would be a better option if it comes to educational excellence, ranking, infrastructure, campus life, hostels, or placement.
If we draw a comparison between these two prestigious institutions then it would depend on various aspects. They are as follows:
- Ranking and reputation: NMIMS Mumbai, has ranked 21st among the best management institutes in India by NIRF 2023. This proves the academic excellence, infrastructural ability, placement success, and reputation all over India. Whereas according to the NIRF report 2023, XIMB ranked #46 among all the management schools in India.
- Accreditation: NMIMS Deemed-to university is accredited by NAAC with a 3.59 CGPA and Grade A+, whereas XIMB is accredited by NAAC with an "A" grade.
- Faculty & alumni: The professors are very good at teaching and most of them hold a PhD degree in their field of expertise. Nitin Rakesh (Chief Executive Officer and Managing Director, Mphasis), Gautam Shiknis (Founder and MD of Palador Pictures), and many more eminent professionals are notable alumni of this institution.
- Placement: Placement statistics for the year 2023 are mentioned in the tabulated form-
|
Particulars |
NMIMS Placement 2023 |
XIMB Placement 2023 |
|
Highest Package |
INR 67.80 LPA |
INR 71.51 LPA |
|
Average Salary |
INR 26.63 LPA |
INR 20.03 LPA |
|
Top Recruiters |
Aditya Birla Capital, American Express, Goldman Sachs, Crisil, etc. |
ICICI Bank, Accenture, Cognizant |
After considering all of these factors, it is clear that NMIMS is the best fit for pursuing an MBA degree in HR. The campus, programs, and opportunities available align perfectly with the goals of an MBA aspirant.
Which B School should I join amongst: IIM Udaipur, NMIMS or IIM Trichy?
Recommendations on joining an IIM:
For individuals who come from top tier engineering colleges (such as IITs or BITs) and have a salary of more than INR 10 lakh per year in the tech sector:
- It is not advisable to join any new IIMs unless you are looking to change your domain or are in a particularly difficult situation.
- Do not expect to gain a lot of knowledge or make friends with similar backgrounds at new IIMs, as the student body tends to have mediocre backgrounds and may not be well-informed about industry trends.
- Do not join a new IIM based on the media relations people who promote the institute on Quora, as they may not understand your level or expectations.
For individuals who are not from top colleges and have a salary of less than INR 5-6 lakh per year:
- It may be beneficial to join a new IIM, as it could potentially improve your situation.
- It is generally a good idea to join a new IIM without hesitation, as it may have a significant impact on your life.
For individuals who come from top tier engineering colleges and have made poor decisions in their lives:
- It may be worth considering attending a new IIM if you are willing to endure two years of academic study in order to improve your career prospects.
For entrepreneurs or aspiring entrepreneurs:
- Consider the return on investment before committing to a new IIM. It may not be worth incurring a debt of INR 16 lakh and spending two years with mediocre peers if it is not likely to lead to a good job and a successful career. It is important to carefully weigh the potential benefits and drawbacks before making a decision.
Which college is better for a BBA, Symbiosis Noida or NMIMS?
The curriculum is designed to be interactive and helps shape speaking skills and soft skills.
NMIMS BBA fees are INR 9.30 lakhs. The placements are pretty good for the course, so you will get a decent ROI. During the recent placement drive, the highest CTC offered to BBA students was INR 12 LPA. The placement average is around 100%. Genpact, Zycus and Tresvista are some of the major recruiters for the degree.
Other than academics, there are a number of clubs and activities for students to take part in.
What is the value for part time PGDM in NMIMS Mumbai?
Most part-time courses carry no real value other than adding the post-graduate tag. They have no worth in the corporate world irrespective of whichever reputed college you have chosen. NMIMS is one of the top reputed B Schools in India and has a big brand name.
- The faculty is extremely talented and experienced
- The placement scenario is pretty good except that part-time courses have no fixed statistics.
- The fees are relatively high when compared to other B Schools of the same league
- The curriculum is very rigorous and requires constant attendance and involvement. Being a part-time PGDM, you are probably a working professional and it becomes very difficult to balance work with studies.
- The curriculum required you to submit assignments and give frequent exams. This might be difficult for working people.
- Unfortunately there is quite a level of distinction between full-time PGDM students and part-time PGDM students as the former get the most attention from teachers.
- The curriculum is rushed in order to get completed within 21 months imparting no real learning
I know a friend who chose NMIMS Executive MBA and paid hefty fees just for the brand name instead of doing the same course at a less popular B School. She regretted her decision and claimed the program to be a total waste of money and time. She said she could have done the same from another B School at half the cost. So part-time MBA itself is not that worthless, but paying a hefty sum merely for the brand name and postgraduate tag is illogical. You can do the same program at a much lesser cost than other B Schools.
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