Which is better NMIMS or ISB?

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Anamika Ghose Posted On - Mar 11, 2022
lives in Bengaluru, Karnataka, India

Among these two ISB is better. It has a better pool of faculties, better facilities, and a better alumni base. The placement opportunities offered at ISB are also better. 

Here is a brief highlight of ISB Hyderabad placements 2022.

Average CTC  INR 27.13 LPA
Median CTC  INR 27 LPA
Highest CTC  INR 72 LPA
Major recruiters  Mc Kinsey, Honeywell, Boston Consulting Group

Access to the strong alumni base of ISB, is another perk of joining the institute. 

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Shubham Goel Posted On - Sep 30, 2020
MBA Leadershipp & Strategy, Indian School of Business

NMIMS, Mumbai, and ISB, Hyderabad are private institutes of our country that offer management studies. While NMIMS is accredited and graded ‘A+’ by NAAC, ISB is the 100th school in the world to have the triple crown of accreditation, from AMBA, EQUIS, and AACSB. While NMIMS offers UG, PG, and research programs, ISB offers PG and diploma courses. The institutes have features distinct from each other.

A basic comparison of NMIMS and ISB has been given below.

Criteria

NMIMS

ISB

Rankings

NIRF- 92nd out of 200

24th out of 100 (MBA)

India Today- 9th out of 284 (MBA)

Forbes- 1st (Asia)

7th (Worldwide)

QS Global Full-Time MBA- 98th

Admission Process

Entrance Exam

Essay + Recommendation Letter + Interview

Eligibility

BBA- 60% in 10+2 AND NPAT

MBA/PGDM- 50% in Graduation AND NMAT

PGPM- Pass in Graduation AND GMAT

PG Programme- Graduation

Work Experience

Not mandatory

Mandatory

Fee (INR; First Year)

BBA- 3.83 Lakhs

MBA- 9.25 Lakhs

PGPM- 37.49 Lakhs

PG Programme- 30.41 Lakhs

Infrastructure and Facilities

  • NMIMS: The institute offers an excellent learning environment for students. Facilities offered by the institute include a resourceful library, computer centre, sports and fitness room, outdoor courts, labs and workshops, seminar hall, music room, etc.
  • ISB: The institute is located in Gachibowli, Hyderabad, and has 14 professional clubs. It has 4 student villages, each of which accommodates 130-210 students. The institute also has an academic and recreation centre, library, media room, sports grounds and courts, swimming pool, gym, open-air atrium, etc.

Scholarships

  • NMIMS: The institute offers scholarships under the Central Sector Scheme of Scholarship for college and university students. Scholarships are provided to handicapped and/or economically weaker students.
  • ISB: The institute offers its students Merit waivers, need-based waivers, ISB Merit by Diversity, Bridge to India, etc, financial aid.

Placement Statistics

  • NMIMS: 166 recruiting companies such as ICICI Bank, Honeywell, Aditya Birla Capital, HDFC, Deloitte, etc participate in placements. The highest and average salary packages offered were 34.11 LPA and 17.58 LPA, respectively.
  • ISB: 373 companies such as Amazon, Barclays Cleartrip, Deloitte, KPMG, etc, made 1309 offers. The average domestic package offered was 24.35 LPA.

Alumni

  • NMIMS: Famous alumni include Aruna Jayanthi (Businesswoman), Nitin Rakesh (Mphasis CEO), and Paresh Rawal (Actor).
  • ISB: Notable alumni include Ravinder Singh (Writer), Anshul Kothari (Swimmer), and Nipun Malhotra (Social Entrepreneur).

Both these institutes have a stellar reputation. Individuals must keep other factors in mind before choosing one over the other.

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