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Which is better NICMAR or SPA, New Delhi department of Building Engineering and Management?

AB
Akriti Banerjee Posted On : May 18th, 2023
lives in New Delhi

A comparative analysis for both institutes is mentioned below:

  • Infrastructure: NICMAR is better as it provides proper hostel accommodation and other amenities.
  • Faculty: Both institutions have good faculty.
  • Coursework: SPA's MBEM course is tailored for architects who want to pursue construction management, whereas NICMAR's ACM course is designed for civil engineers.
  • Placements: The packages offered by both institutions are similar for freshers and experienced candidates.

Particulars

NICMAR

SPA, New Delhi

Average Package

7 LPA

5.5 LPA to 6.5 LPA

Highest Package

12 LPA

9.44 LPA

Recruiters

Tata Projects, KEC International, L&T Construction, HDFC Bank, Shapoorji, Bechtel, Hillti, and ACC

BMW, Desmania, Ernst & Young, Genpact, Godrej and Boyce, Havells Limited, Infosys, IPE Global, JLL, LG Electronics, Mahindra and Mahindra, Maruti Suzuki, Mind Tree, Philips India, Raheja, Samsung, SAP, TATA ELXSI, Whirlpool, Zomato

  • Fees: SPA is significantly cheaper, with the course fee including hostel and food not exceeding 2 lakhs, whereas NICMAR's course fee is around 10 lakhs. SPA's MBEM course is also eligible for a scholarship from MHRD.
  • Higher studies and research opportunities: SPA's MBEM degree is recognized by MHRD and UGC, whereas NICMAR's course is an industry-recognized certificate course.

SPA's MBEM course is a better option for someone who wants to pursue a postgraduate course in construction management due to its lower fees and eligibility for scholarships and recognition for higher studies and research opportunities. However, NICMAR has better infrastructure and both institutions have good faculty and similar placements for freshers and experienced candidates.

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Which would be the better option for an 10 + years experienced professional between the following choices,- management development program from XLRI or an executive MBA from IMT Ghaziabad?

AS
Amitava Sain Posted On : May 24th, 2023

With 10 years of experience in a professional field, a person rises upto the mid-senior level in his/her career. He/She has gained a lot of experience in the field. But after certain positions, a person without Management exposure will have a stagnant career and growth will be slow. It is always wise to get an MBA degree from IMT Ghaziabad which will help you rise ranks in the career ladder.

Switching positions will also help across industries because you will have a better understanding of the business aspect of the particular company and the industry as a whole.

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