Is IIM Nagpur a better choice than SIBM Pune?

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Wriddhiman Saha Posted On - Jan 30, 2023
Placement Records and about Institutes

IIM Nagpur recently concluded the final placements for the sixth batch of its flagship MBA program, reporting a 15% increase in average salary to Rs. 15.21 LPA for the 2020-22 batch. Despite an increase in tuition for the 2022-24 batch, the 2-year program fees remain at Rs. 18 lakhs. The current batch, which was the first to experience a hybrid learning model, successfully completed campus placements virtually. IIM Nagpur attracted recruiters from a variety of sectors including consulting, BFSI, FMCG/FMCD, ITES, e-commerce, manufacturing, and logistics.

Similarly, SIBM Pune, the flagship institute of Symbiosis International University, successfully completed its campus recruitment program for the 2020-2022 MBA flagship and leadership & strategy batch. The institute saw record numbers this year, with over 100 organizations participating in the recruitment drive across sectors such as automotive, BFSI, consulting, FMCG/FMCD, healthcare & pharmaceuticals, IT/ITES, and manufacturing, among others. This success can be attributed to the institute's student-driven culture, strong corporate engagement model, and rigorous academic program.

According to the placement report for the 2021-22 batch, the institute saw a 49.77% increase in the highest salary, which stood at INR 45.5 LPA. The average salary for the batch was INR 23.06 LPA, with female students receiving an average of INR 24.81 LPA and male students receiving an average of INR 22.31 LPA. These figures demonstrate the strong performance of the batch in the job market and the value that employers place on the institute's graduates.

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Shreya Sharma Posted On - Jan 12, 2021
MBA from SIBM Pune (2019)

One of my friends from IIM Nagpur said that even though it has the brand name of IIM, it is not among the best colleges in India. When it comes to comparison even though IIM Nagpur is supervised by IIM Ahmedabad, it does not even come close to SIBM Pune, and here is why:

  1. Legacy- IIM Nagpur came into being just five years ago and SIBM Pune has been here a little over 40 years and that naturally gives it an edge. 
  1. Placement- When it comes to placements the fact that SIBM Pune has a legacy of over 40 years definitely makes for better placement opportunities and offers more access to competitions and has more acceptance within the corporate culture. Well- known and reputed companies like Amazon, Microsoft, etc. are their frequent visitors.

Categories

IIM Nagpur

SIBM Pune

Legacy

5 years

40 years

Highest CTC

25 LPA

34 LPA

Average CTC

12 LPA

20 LPA

Placement Percentage

80%

100%

Recruiting Companies

Deloitte, Mu Sigma, ZS Associates, etc.

Amazon, Federal Bank, Goldman Sachs, Reliance, etc.

  1. Location- Another advantage that SIBM Pune has over IIM Nagpur is that it is situated in a better, more accessible, modern, and developed location.

So, these are three of the primary reasons as to why you should opt for SIBM Pune and not for IIM Nagpur unless you really want to go for the IIM brand name.

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