My sister did her bachelor’s degree in engineering from MIT and MBA from Indira Institute of Management. So, I have some ideas about both the institutes.
Among the above institutes, Indira Institute of Management is much better than MIT SOM for a management degree, considering the overall development of students in Indira Institute of Management.
The table below gives a comparison of the institutes.
Particulars |
Indira Institute of Management |
MIT SOM |
Total Fees (MBA) |
Rs. 4.4 Lakhs |
Rs. 7 lakhs |
Highest Salary Offered |
Rs. 18 LPA |
Rs. 14 LPA |
Average Salary Offered |
Rs. 4.8 LPA |
Rs. 4.5 LPA |
Entrance exams |
CAT, XAT, MAT, GMAT, CMAT, MAH CET, ATMA |
MIT-WPU UGPET |
Comparison:
Considering the above factors, it is safe to say Indira Institute of Management is a much better option for MBA or PGPM than MIT SOM, with an overall better placement record.
MITSOM and IMED are both premier B schools based in Pune. While both have their own merit, they do differ a lot when it comes to attendance, college timings as well as expenses on books. Here, MITSOM tops IMED in all categories. Moreover, MITSOM also offers a diverse variety of students coming from different countries and states.
Additionally, here are some factual points for comparison between the two universities:
Eligibility:
MITSOM Pune:
IMED Pune:
Fees: The following table provides information on the fees required for the first year at MITSOM and IMED respectively.
MITSOM BBA First Year Fees |
IMED BBA First Year Fees |
INR 67,500 |
INR 1,00,000 |
Placements:
MITSOM Pune:
IMED Pune:
Other than these, IMED has highly accomplished faculty teaching students with 90% holding a Ph.D. degree. Those at MITSOM have master’s degrees. Campus wise, some of the facilities available at IMED include libraries, computer labs, hostels, and gyms among others. Those available at MITSOM’s 25-acre campus include computer labs, cafeterias, student relaxation rooms, study areas within libraries, and more. If placement is the major concern for an applicant, IMED is a safer option.
One of my friends was in PUMBA and he told me that there is no comparison of PUMBA with MITSOM because of some straightforward facts.
Categories | MBA at PUMBA |
Highest CTC | 16.5 LPA |
Average CTC | 6.43 LPA |
Many top recruiting companies participate in their placement program like Microsoft, Infosys, Accenture, HCL, Nestle, Reliance, TCS, IBM, L&T, Capgemini, KPMG, AutoNinja, Aditya Birla, etc.
Maharashtra Institute of Technology gives 100% placements to its students. MITSOM also gives 100% placements to the students. Looking at the year-wife statistics, the salary offered to the students has increased as compared to the previous year’s data. About 100+ companies participated in the on-campus selections in MIT Pune. On the other hand, about 250+ companies visited MITSOM for placements.
Top Recruiters:
Some of the top recruiters of MITSOM include Deloitte, Amazon, Infosys, Barclay’s, TATA Technologies, Berger, etc.
On the other hand, the companies visiting MIT (Maharashtra Institute of Technology) are Amazon, Infosys, Flipkart, Oracle, IBM, Wipro, Microsoft, Reliance, Aditya Birla Group, Tech Mahindra, etc.
Package offered
MITSOM:
INR 26 LPA was the highest salary offered by an international company.
INR of about 9 LPA was the highest salary offered in the on-campus selections by a domestic company.
The average salary offered to the students was INR 5 LPA in the university.
MIT (Maharashtra Institute of Technology):
The highest package offered to the students was INR 37.26 LPA.
The average package offered to the students was INR 3.2 LPA in the on-campus selections of the university.
Overall the placements of MIT as well as MITSOM are almost equivalent. The student seeking admissions can look for other information also like how is the course structure, teaching staff, total expenditure, city life, infrastructure, etc, and then take the decision. Knowledge is the key to success, so get yourself well educated which will automatically lead you to a better placement.
BIMM Pune is a better management institute compared to MITSOB.
In terms of academics, placements, exposure, BIMM Pune is better.