According to the student’s reviews online, The average CTC (domestic) is INR 18.33 LPA. All the B-Schools of the country publish their placement reports based on CTC or cost to company numbers.
There is a huge difference between CTC and in-hand salary. So if your question was related to 16 lakhs CTC then it could be a possibility but if your question was related to 16 lakhs in hand salary then it might vary.
The average salary package may also vary depending on the company and your overall academic performance. Some companies offer students a 18-20 LPA salary package but they also have better grades. Whereas some Mass recruiting companies like TCS often give lots of job offers but with a lesser salary package.
The placements at NMIMS Bangalore and Hyderabad are above average, both the campuses have maintained a 95% placement record.
NMIMS Bangalore and Hyderabad:
Categories | NMIMS Bangalore | NMIMS Hyderabad |
Course Fee | INR 18.04 lakh | INR 12.57 lakh |
Placement Percentage | 70-80% | 80% |
Highest CTC | 15 LPA | 16-19 LPA |
Average CTC | 7-8 LPA | 6-7 LPA |
The reputed companies that take part in their placement program includes: Maruti Suzuki, Dell, Honeywell, Wipro, Amazon, Oracle, Infosys, ICICI Bank, Deloitte, etc.
NMIMS Hyderabad is a decent college for MBA, but it also depends on your goals and ambitions. It may not be one of the tier-1 colleges but is really good.
Categories | NMIMS Hyderabad |
Course Fee | INR 12.57 lakh |
Placement Percentage | 80% |
Highest CTC | 16-19 LPA |
Average CTC | 6-7 LPA |
Recruiting Companies | Amazon, Oracle, Infosys, ICICI Bank, Deloitte, etc. |
Lastly, NMIMS Hyderabad is a good college which provides better placements than most of the business colleges in the country.
Among these three institutes, choosing NMIMS Hyderabad will be better. Despite being established recently, it became well-recognized in the industry.
NMIMS, Hyderabad is a good option for pursuing an MBA degree. And it is nothing to worry about if you don’t get any calls from other B-schools. A few key aspects of NMIMS are highlighted below:
In conclusion, NMIMS is a prestigious institution that prioritizes academic excellence and holistic development. Its diverse specializations, strong reputation, and impressive track record in placements make it an attractive choice for pursuing an MBA degree and achieving personal and professional growth.
NMIMS Hyderabad is a decent school. I think it's one of Hyderabad's best MBA programs. The NMIMS brand is well known nationwide, whether you're from Bangalore, Hyderabad, or Mumbai.
NMIMS Hyderabad and Bangalore have the same faculty, infrastructure, and other services. Both colleges average 16–18 lakhs in placements.
Hyderabad is cheaper than Bangalore for housing, transportation, and living and the placement of NMIMS Hyderabad is as follows: Average Package is INR 14 LPA & Highest Package is INR 19.70 LPA.
The cut-off required for NMIMS Hyderabad is around 220+ and if you have scored 180 marks in NMAT, then it will be very difficult for you to get admission in NMIMS Hyderabad.
But, if you don't want to attempt NMAT again, then you can apply for other colleges where NMAT scores are accepted such as Athena School of Management, IBS Mumbai.
Athena School of Management is a popular institute, located in Mumbai. The placements are very good. Students also get the chance to do multiple internships during the course duration. According to the recent placement highlights the average CTC offered to the students is around 8 LPA. You will also be offered a scholarship worth more than lakhs if you have an academic record.
With a 180 NMAT score, the chance of getting admission at NMIMS Hyderabad is quite thin. Either you have to attempt the NMAT exam again or apply to other colleges that accept NMAT scores.
For a PGDM, your preference order for the NMIMS campus should be NMIMS Mumbai>NMIMS Bangalore>NMIMS Hyderabad. The Bangalore campus is best after the Mumbai campus, due to its locational advantages. You will get good job options, as it is the IT hub of the country. The Bangalore campus is also older than the Hyderabad campus.
NMIMS Mumbai and Hyderabad are both on the high cut-off list due to their popular demand.
Both of the cut off exceed the score you have mentioned in the question. Moreover, NMIMS does not consider work experience if the score is below the cut-off. It only accepts work experience if they cleared the cut-off. It is kept as the second criteria.
I personally will recommend you join NMIMS rather than IBS Hyderabad. Some major reasons that support my recommendation are
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.