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Among PGDM-FS from K J Somaiya, GIM PGDM, and SIIB, what should I choose?
For a PGDM FS, KJ Somaiya is the best option among these. The institute has a locational advantage since it is situated at the financial hub of the country, i.e. Mumbai. KJ Somaiya placements are great. According to the 2022 interim placement report, the average CTC offered to the students was INR 10.25 LPA, while the highest CTC offered was INR 26.50 LPA.
Between GIM and SIIB, the letter offers better industrial relations and better job roles in campus placements.
Which is better, SIIB Pune-IB or SIBM-B?
Both the institutes belong to Symbiosis International University, are famous for placements and other facilities provided. Candidates must qualify for the entrance exam and the following interview and GD for admission. SIBM Banglore and SIIB Pune have an entrance called SNAP.
Admission: Similar admission procedures are there at both institutes. Admissions are based on strict eligibility criteria. Candidates should pass graduation with 50% marks. Final year graduation students can also apply. Qualification in SNAP is compulsory. SIIB Pune IB seat intake is 120.
Placements:
SIIB Pune: When focusing on the placement details, SIIB has 100% placements in the 2018-20 batch. Major recruiters from different industries like American Express, Nestle, Marico, Crisil, Danfoss, Bisleri, Nielsen, etc visit the campus for placements.
- The highest international CTC offered was 62.85 LPA and the highest domestic CTC offered was 17 LPA.
- The average CTC was recorded around 10.78 LPA.
SIBM Bangalore: It also has high placement rates. Regular recruiters include AB InBev, Accenture, Bisleri, Britannia, Dell Technologies, TATA motors, ITC, etc.
- New recruiters in 2020 included PepsiCo, CARE ratings, SISCO, DHL Express, etc.
- The highest domestic CTC was 25 LPA whereas, the highest international CTC was AED 102,000.
- The average CTC was 10.26 LPA.
- For summer placement, 100+ companies visited the campus. The highest and average stipend offered was INR 1,50,000 and INR 46,000.
The institute offers interactive sessions with leaders of top companies throughout the year.
Both the institutes offer scholarship schemes to support their students. The scholarships are based on merit. A fee waiver of 50% is available for the students.
Which college should I choose between SIMS Pune and SIIB Pune where both are old and the same placements and SIMS fee is low but SIIB peer quality is good?
SIIB is the third rank college in SNAP and has a high cutoff around 98 percentile. Since SIMS admits mostly students from defense backgrounds so the quality of peer of SIIB, is comparatively better.
There’s also another parameter that you should consider while choosing the right institute for your MBA, i.e. specialization.
- For Marketing and Finance, go for SIIB Pune. It is definitely a better choice, with more companies on campus as compared to SIMS.
- If you are interested in Operation/SCM or HR go for SIMS. It has a large batch size for HR and Operations that ensures better placement opportunities and peer learning.
Another factor that is crucial for choosing a management institute is ROI. SIIB offers a poor Return On Investment if you don't get the top jobs. However, recently SIIB is seeing very good placements. SIIB is better in long term.
How good are colleges like SIIB, TAPMI, Narsee Monjee Bangalore, KJ Somaiya and Goa institute of Management? Is it worth it to pursue MBA from these colleges after having 2 years of job experience?
SIIB, TAPMI, Narsee Monjee Bangalore, KJ Somaiya, and Goa Institute of Management are among top Indian B-schools. After two years of work experience, an MBA from one of these universities can boost your career and earnings.
Cut-Offs-
- Symbiosis Institute of International Business (SIIB) - 93%ile in SNAP
- TAPMI - 85%ile in CAT
- NMIMS Bangalore - 91%ile in NMAT
- GIM - 95 to 99%ile in CMAT 2023; 85 to 90 in CAT 2022; 80 to 85 in XAT 2023; 600+ Score in GMAT
- K J Somaiya - 83-85 Percentile in CAT 2022; 70-73 Percentile in XAT 2023; 500-650 Score in GMAT; 280-290 score (Eqv.96-98 Percentile) in CMAT 2023. 225-230 Score in NMAT 2022
Average Salary -
- Symbiosis Institute of International Business (SIIB)- 13.12 LPA
- TAPMI - 15.7 LPA
- NMIMS, Bangalore - 14 LPA
- GIM - 14.3 LPA
- K J Somaiya - 12.23 LPA
What are my chances to get an interview call letter from SIIB, SIBM, Bangalore with a SNAP percentile of 87.6?
The chances of getting an interview call from SIIB, or SIBM Bangalore with a SNAP score of 87.6 are very less. Below are the cutoff details, for these institutes.
SIIB Pune cutoff - 93
SIBM Bangalore cutoff - 90
Naturally, the required cutoff changes each year depending on various factors, such as competition, the difficulty level of the examination, etc.
How is SIIB, Pune? How are the placements?
SIIB Pune has a good average of 100% placements. The small batch size is both an advantage and a disadvantage for it. Few things can definitely improve at the institute but overall SIIB, Pune is a good institute with decent placements.
Here is a highlight of the 2020 placements.
|
No of eligible students |
146 |
|
Highest international CTC |
62.85 LPA |
|
Highest domestic CTC |
17 LPA |
|
Median CTC |
10.93 LPA |
|
Average CTC |
10.78 LPA |
International Business offers major career opportunities in reputed export companies. For more details about the placements, you can visit the official website. SIIB Pune’s placement reports are 95% accurate and CIRSIL audited.
Which is better as per placements and quality of education: GIM, SIIB, Fore IB, or KJ Somaiya?
Although all the B Schools you mentioned are very good, the one I would personally recommend is FORE. Some points that favor my recommendation are
- Location-based crowd: All the other colleges you mentioned have students mainly from Mumbai. But FORE located in New Delhi, the heart of the country has students from all over India.
- Placement: Here’s a tabular comparison of the average and highest CTC of the colleges.
|
College |
Average Package |
Highest package |
|
GIM |
INR 12.1 LPA |
INR 30.2 LPA |
|
FORE |
INR 14.04 LPA |
INR 41 LPA |
|
KJ Somaiya |
INR 10.98 LPA |
INR 26.50 LPA |
|
SIBM Bangalore |
INR 10.60 LPA |
INR 32 LPA |
- Fees:
GIM: ?18,31,200
FORE: Rs.16,98,000
KJ Somaiya: ?9.59 Lakhs (one year)
SIBM: INR 3.53 L - 16.62 L(for 2-3 years)
FORE offers industry oriented certifications and International Immersion Program. So looking at the overall picture we can say all 4 colleges give each other tough competition but FORE takes the lead.
I need to know details about SIIB, Pune and SIBM, Bengaluru. SNAP cut-off for getting GD-PI call, expected package, future scope. Which one will be a better option?
One of my friends at SIBM Bengaluru, says it is an excellent institute, which has been growing at an exponential pace over the last 10 years. The points below will give you a clear idea as to why you should go for SIBM Bangalore over SIIB Pune.
- The institute completed its 10th year in 2018, after which it has seen several FMCG companies visit the campus.
- The recruiters include top MNCs like Goldman Sachs, J.P. Morgan Chase, Deloitte, Morgan Stanley, ITC, Dell, Credit Suisse, Maruti Suzuki, etc.
- Most of these companies recruit students for both SIP and full-time placements.
- The average package of SIBM was Rs. 9.58 LPA, which is at present above Rs. 10 LPA.
- For SIBM Bengaluru, the cut-off was close to 89-90 percentiles in the last few years, which has increased to some value over the last 3-4 years.
- After clearing the cut-off, you will get a call from the institute for GEPIWAT.
- SIBM is located at the IT hub in Bengaluru. This is an added advantage. It will help in industrial visits and internships.
|
Categories |
SIIB Pune |
SIBM Bengaluru |
|
Course Fee |
10.28-14.4 lakhs |
1.31-14.5 lakhs |
|
Highest CTC |
16 LPA |
26 LPA |
|
Average CTC |
9 LPA |
10.26 LPA |
|
Recruiting Companies |
Aditya Birla, UltraTech Cement, ITC, UPL, etc. |
Bisleri, Asian Paints, Nestle, Loreal, etc. |
Therefore, SIBM Bengaluru has several advantages, which makes it a good choice for students having close to 90 percentile.
What will my life be like in 10 years if I get an MBA in marketing or finance from SIBM/SIIB, Pune?
By understanding the perspective of your question, there shall not be a huge change if you only get an MBA done. The thing that determines it is the choices you are going to make like the firm you choose to work in, your expected salary or location or role, the work environment, and various other choices.
In 10 years, if you continue working hard, then you will probably have made 2 or 5 years of promotion. You can also simultaneously expect a major salary hike.
However, considering several drawbacks such as home loans, personal expenses, family expenditure, annual vacations, and fee structure of institutions, you are expected to live a very grounded life.
- You should be sure enough about what you are passionate about during pursuing MBA.
- Join a job sector that can lead you to a good state.
- If necessary, you should also build an alternate income for other essential factors.
- You should also begin pro-bono consulting during the weekends.
- You can also consult a startup or can choose to become a mentor or adviser or helper too.
Thus, your life 10 years from now will not however result only if you particularly get an MBA from a B-school, but will take into account the choices you have made, and the hard work you were to undertake.
Which one is better for Finance, SIBM Bangalore or SIIB Pune?
Symbiosis Institute Of International Business, Pune (#43 for MBA by INDIATODAY), and Symbiosis Institute Of Business Management, Bangalore (#23, TOI’s entire India B-School ranking) both are highly acclaimed institutes for management studies in India. But only SIBM Bangalore offers a separate Finance MBA program (Quantitative Finance). If you want to pursue a career in Finance then you should opt for SIBM Bangalore as the institute offers a core Finance course.
Course Structure: The coursework for Quantitative Finance at SIBM Bangalore includes case studies and simulations which helps the students grasp the topics covered via real-time analysis. The presence of Bloomberg Terminals is an added advantage as it can get real-time data for analysis. The course fee for MBA in Quantitative Finance is 14.8 lakhs.
Placements: According to the placement batch profile of 2019 at SIBM, Bangalore, 23% of students got placed in the BFSI sector. The average CTC was 9.8 LPA and the highest was 28.3 LPA. The major recruiters were Accenture, Deloitte, Mahindra & Mahindra, JP Morgan & Chase, McAfee, Wall Street Advisory, Capgemini, CRISIL, Genpact, and many more.
Although SIIB, Pune does not offer a separate course for Finance, it is an integral part of the course curriculum for MBA-IB and has related aspects in courses MBA-AB and MBA-E&E. Investment Banking, Retail, M&A, International Finance Management, Corporate Finance, Agri Finance, and other Finance related subjects are part of the course work. SIIB Pune also offers Bloomberg tools. The average placement package at the institute is 10 LPA.
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