KJ Somaiya, Great Lakes, GIM, and TAPMI all of these are highly proclaimed institutes in India for management studies. Each of these institutes is good in different domains of management studies. KJ Somaiya and GIM are better for Finance. Whereas, GIM is reputed for Marketing.
In general, the order of preference should be as given below.
Given below is a comparison between the institutes.
Institutes |
KJ Somaiya |
T.A. Pai Management Institute or TAPMI |
Goa Institute of Management or GIM |
Great Lakes Institute of Management |
Established |
1981 |
1980 |
1993 |
2004 |
Accreditation |
AIU, NBA |
AICTE, AIU |
AICTE, AIU, NBA |
AICTE |
Rank |
56 (NIRF) |
27 (NIRF) |
48 (NIRF) |
23 (NIRF) |
Entrance exams |
CAT/XAT/CMAT/GMAT |
CAT/XAT/GMAT |
CAT/XAT/GMAT/CMAT |
GLAT/CAT/XAT/GMAT |
Selection |
Group Discussion and Personal Interview |
Written Ability Test, Group Discussion, Collaborative Problem-Solving Ability, Personal Interview |
Personal Interview |
Personal Interview |
Course fee |
14.93 laks |
14.3 lakhs |
15.93 lakhs |
17.15 lakhs |
Average CTC |
10 LPA |
12 LPA |
11.7 LPA |
10.14 LPA |
Highest CTC |
28.50 LPA |
25 LPA |
25.6 LPA |
28.6 LPA |
Top sectors |
Banking and Insurance sector, IT and ITES, Financial Services, Consulting, FMCG and Manufacturing. |
BFSI, Consulting, FMCG and Retail, IT, Analytics and E-Comm, Manufacturing and Core |
BFSI, Engineering/Manufacturing, IT/ITES, Sales/Marketing, Consulting, Others |
BFSI, IT/ITES Internet Business, Consulting, Research, Others (Real estate, events, manufacturing, education and auto) |
Top recruiters |
Polaris UK, Accenture, PwC and Target Inc., etc. |
Deloitte, Capgemini, ITC, JP Morgan Chase, Yes Bank, KPMG, Wipro, etc. |
AbInBev, Barclays, ITC, Deloitte, Reliance, Godrej, EY, JP Morgan, Signify, etc. |
Aditya Birla Sun Life, Deloitte, Hexaware, KPMG, Axis Bank, Federal Bank, ICICI Bank, Wipro, etc. |