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N. L. Dalmia Institute of Management Studies and Research - [NLDIMSR], Mumbai
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NL Dalmia Institute: 12 Answered Questions
How are the placements in the NL Dalmia College for an MBA in finance?
NL Dalmia placements are good for MBA in Finance. During 2022 placements Finance was the top sector recruiting students. Students received an average CTC of INR 6.5 LPA. The highest CTC offered in this sector goes up to INR 13 LPA. Some of the major recruiters from the Finance sector are Crisil, HDFC, Amul, City Bank, etc.
Is the NL Dalmia Institute good for finance or not?
If you are looking for a top-notch college for finance, NL Dalmia Institute (New Learning Dimensions) can be a great option for you. Here are some reasons why:
- Highly qualified faculty: The faculty at NLD is highly qualified and experienced, with many of them coming from top institutes such as IIM (Indian Institute of Management). For instance, Naveen Bhatia is from IIM and is a highly recognized personality in the industry.
- Comprehensive curriculum: The curriculum for finance at NLD is designed to provide you with an in-depth understanding of the subject. If you compare it with the curricula of other top colleges, you will see that NLD's curriculum is at par or even better. Even reputed colleges like Welingkar do not have such a comprehensive curriculum.
- Two-year program: The finance program at NLD is a two-year program, which means that you will have enough time to learn and understand the subject thoroughly. Over the course of two years, you will be groomed with in-depth finance knowledge, which will be invaluable in your corporate career building.
- Career prospects: After completing the finance program at NLD, you will have excellent career prospects. You will be equipped with the knowledge and skills needed to succeed in the finance industry. The college has a good placement record, with many students getting placed in reputed organizations.
In conclusion, NLD can be an excellent choice for you if you are looking for a college for finance. The highly qualified faculty, comprehensive curriculum, two-year program, and excellent career prospects make NLD one of the finest colleges for finance.
What is the CMAT cut-off for NL Dalmia?
NL Damia’s admission process is done based on the profile of each candidate, and every aspirant should appear for the GD-PI process. The division of mark schemes in the valuation is listed below.
- Entrance Examination – 40 marks
- Interview – 20 marks
- Group Discussion – 15 marks
- Academic Background – 15 marks
- Work Experience – 5 marks
- Extra-curricular Activities – 5 marks
Total - 100 marks
So, the exact cut-off range is not predictable here and the admission process depends on the entire profile of the candidate
How good is NL Dalmia for MBA in finance? My other options are SIES (MMS) & Welingkar (PGDM). Any help will be appreciated?
Before joining any college it's better to perform some research on it. The foremost thing is you need to know all the placement details from alumni or the students who are currently studying in that college. Don’t choose a college based only on their advertisement.
Dalmia NL, SIES (MMS), and Welingker(PGDM) all these colleges are well-reputed institutions in Mumbai for management studies. I have friends pursuing their studies at these colleges. Based on what I heard, I will say N L Dalmia is the best college among these three. It has better placement records, ranking, and reputation.
- For Finance specialization, N L Dalmia has a limited student intake, i.e. 60 seats.
- Additionally, the institute has Mumbai's first Bloomberg Finance Lab.
- It has a placement average of 100%. The average package for placement in the finance stream is around 6.5 lacs, while the highest package offered is above 13 lacs.
So, N L Dalmia is definitely a better choice. But before making a decision, do your own research first.
What is the cutoff of NL Dalmia for a PGDM in finance?
NL Dalmia does not follow the exact cutoff criteria. The cutoff ranges from 92 to 95% for the general category. The admission process is based on your score in the entrance examination and the interview conducted by the institute. This institute accepts various entrance examinations like XAT, CAT, CMAT, ATMA, etc. for a PGDM program.
I am a fresher engineer. Should I do an MBA from a college like PUMBA or NL Dalmia?
Both N.L. Dalmia and PUMBA are good options to pursue your MBA. Both offer more or less the same opportunities and exposure to their students. Both have a crowd of talented students which maintains a healthy competitive spirit.
The main point of difference between them is that of location. One is located in Mumbai while the other is located in Pune.
In terms of placement, PUMBA gives a good number of opportunities on campus. PUMBA does not offer 100% placements. However, you will get a couple more interviews if you do not clear the first interview.
Here are the overall 2022 placement highlights for PUMBA and N.L. Dalmia:
|
Particulars |
PUMBA |
N.L. Dalmia |
|
Highest Package |
INR 18 LPA |
INR 15.3 LPA |
|
Average Package |
INR 8.10 LPA |
INR 8.51 LPA |
|
Top Recruiters |
Bajaj Finserv, Credit Suisse, Colgate Palmolive, Crisil, Federal Bank, Infosys, Piramal Group, HDFC, KPMG, Wipro, etc. |
Abbott, Aditya Birla Group, Hindustan Unilever Limited, and ICICI Bank |
N.L. Dalmia is popular for its MBA in Finance. However, not everyone can pursue Finance as there is a selection criterion for pursuing the same.
Both PUMBA and N.L. Dalmia, are good institutions to pursue your MBA. You can choose between the two institutions based on this information.
Which college is good for an MMS, N L Dalmiya or PUMBA?
I have friends at both institutes. In fact, they were a big help in regards to answering this question. Here is some of the information I got from them.
NL Dalmia is generally well known for its MMS Finance branch. Among NL Dalmia and PUMBA, the former should be better for an MMS. Here’s why.
- The faculty of NL Dalmia is great.
- The campus and the library of the institute are quite amazing. There’s a big auditorium on campus.
- It is the only college in Mumbai to have Bloomberg terminals.
- Other than the Bloomberg lab there are two computer labs.
Here are the latest placement highlights of both institutes. Take a look.
|
Institute |
N.L Dalmia (Mumbai) |
PUMBA (Pune) |
|
Average CTC |
INR. 9 LPA |
INR. 6.43 LPA |
|
Highest CTC |
INR. 24 LPA |
INR. 16.5 LPA |
|
Top Recruiting Companies |
BCCL, Citi, Crisil, Deloitte, Bank of America, Asian Paints |
Aspect Ratio, AutoNinja, Bajaj Allianz, Bajaj Finserv, A1 Fence |
Put simply, N.L Dalmia is basically well known for its program of MBA Finance, while PUMBA is typically well reputed for various IT companies visiting the campus for placement offers. So, choose wisely.
Which of these colleges is better for an MBA in finance, PUMBA, SIES or Dalmia according to the current scenario?
For Finance, PUMBA is superior because it is a college that its students entirely drive to. Students here bring the businesses to campus themselves and plan and run all of the events. Thus, students receive training in prospecting, public relations management, and other related skills. Additionally, IIM A faculty members teach financial management courses at PUMBA.
The average package for PUMBA and SIES is nearly identical and ranges between 7.5 and 8 lakh.
When it comes to fees, PUMBA costs 1.3 lakhs for two years. SIES costs more than five lakhs in fees. Regarding lodging, PUMBA offers hostel services for just Rs.4500 annually. SIES doesn't have a hostel of its own.
Which one is best for operations management between Welingkar, Dalmia, SIES, PUMBA, MET, IES, and Chetana?
PGDM is Postgraduate Diploma in Management program which is available at each of the colleges that are mentioned above. But if we take into account all of the available specializations, I would say Welingkar is the best as it provides PGDM programs in the areas of Retail Healthcare, Rural Finance, and Human Resource Operations and Operations.
You should consider Welingkar as it has good placements and offers a good course curriculum and after that, you can give IES as your second priority.
Which college is better for PGDM Finance SIESCOM or N L Dalmia, XIME, Bangalore or NDIM, New Delhi or UBS, Mumbai?
You can consider XIME Bangalore as your first choice, then SIESCOM and NL Dalmia as your second and third choices, respectively. It is better not to consider NDIM or USB since they are bad at academics and placement support.
XIME has a decent placement package, a good academic history, well-equipped classrooms, a resourceful atmosphere, and experienced scholars.
So, take a wise decision, and all the best for your future.
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