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Which is the best option to pursue an MBA in finance amongst IMI Delhi, IMT Ghaziabad, XIMB and SCMHRD? I am hoping to receive admission from these colleges but I'm really confused.
In my opinion, the best option among the given colleges is SCMHRD’s finance. I am not saying this on my own, but the data reflects the results. Let’s check the final placements for each college in the finance area.
The average package offered in the finance area at IMI Delhi is 17.64 lac per annum for the last batch. For IMT Ghaziabad, this figure is 14 LPA. XIMB is a little better than these colleges, with an average package of 20 LPA, but SCMHRD excels all of these with an average package of 22 LPA and the highest package of 27 LPA.
Which is better option for MBA in finance - IMT Ghaziabad or XIMB BM?
If you're trying to decide between XIMB BM and IMT Ghaziabad, you might find it helpful to know that while both programs are reputable, XIMB BM has a slight edge. However, keep in mind that this difference may not be significant enough to base your decision on.
That being said, if you're set on choosing between these two programs, XIMB BM would be the way to go. However, if you're open to exploring other options, it might be worth considering furthering your profile and aiming for even higher-ranked programs.
Improving your profile could include gaining more work experience, pursuing additional education or certifications, or getting involved in extracurricular activities related to your desired field. By doing so, you can increase your chances of getting accepted into more prestigious MBA programs, which can lead to greater career opportunities and earning potential.
Ultimately, the decision of which MBA program to choose is a personal one that should be based on your individual goals and circumstances. Take the time to research and consider all of your options before making a decision, and don't be afraid to seek advice from mentors or professionals in your desired field.
Which college is better for Finance among IMT Ghaziabad (PGDM) & TAPMI BKFS?
IMT is a well-established college and comparing it to a mediocre college like TAPMI is not justifiable. Of the two, IMT Ghaziabad is clearly a better choice. To explain further I have compared both these institutes on the basis of some parameters like
- Establishment: Both these institutes were established in 1980 so they carry an equal legacy.
- Alumni: Despite a similar legacy, IMT Ghaziabad alumni are placed in higher positions and top firms today. The extensive alumni network has opened gates for corporate and industry exposure. IMT Ghaziabad’s alumni comprise more than 300 CXOs.
- Location: IMT Ghaziabad enjoys a better location advantage over TAPMI
- Pedagogy: Both the Institutes are AACSB accredited and follow similar curriculums yet there is a stark difference in the quality of education. This is because of the better pedagogy at IMT Ghaziabad than at TAPMI.
- Faculty: IMT Ghaziabad's teaching methodology is way ahead of that of TAPMI and the credit goes to its excellent faculty with amazing profiles. They have great industry exposure and help the students grasp the concepts practically.
- Placements: IMT Ghaziabad has an upper hand in this aspect also. This can be explained further through the table below
|
Particulars |
IMT Ghaziabad |
TAPMI |
|
Number of recruiters |
130+ |
21 |
|
Highest CTC |
INR 62 LPA |
INR 22.3 LPA |
|
Average CTC |
INR 15.28 LPA |
INR 15.7 LPA |
|
Top Recruiters |
Morgan Stanley, BCG, Accenture Consulting, Goldman Sachs, Google, Infosys Consulting, Emami International, TATA Consumer Product |
EY, HDFC Bank, HSBC Bank, Tata Capital |
From the table you can easily infer that the placement scenario is far better at IMT Ghaziabad than TAPMI. In fact in almost all aspects IMT Ghaziabad is way ahead so it’s definitely a better choice than TAPMI.
Why did you choose IMT Ghaziabad for an MBA? What were your other options, and are you happy with your choice?
One of my friends got accepted at NM (Mumbai), Manipal, and several such prestigious universities among others. Finally, he chose IMT Ghaziabad as it is a really good college.
- It is among the top B-schools with an extremely cooperative and prestigious faculty.
- Another reason was due to the location. As it was near to his place whereas that of Mumbai was farther.
- The infrastructure is decent there and the learning environment developed around the campus is highly encouraging.
- The seniors offer great assistance when it comes to assignments, provided you seek their help before.
- From the academic aspect, the competition is high but if you study well, you will find your way to the top.
| Categories | MBA at IMT Ghaziabad |
| Course Fee | 19.53 lakh |
| Placement Percentage (overall) | 80-90% |
| Highest CTC | 28 LPA |
| Average CTC | 12 LPA |
| Recruiting Companies | Cognizant, Berger, ICICI Bank, American Express, etc. |
The coordinators make the campus life a handful. Would hope for you to find a better coordinator for yourself that would make your college life easy going. Overall, the college has the greatest facilities to offer to its students.
What makes IMT Ghaziabad a good college for a PGDM General specialising in finance?
IMT Ghaziabad has professors like N.R. Bhasnurmath, a professor with experience in SBI and eventually in RBI, and retired as Senior Vice President, who has immense knowledge and understanding of the money market in India.
To help students gain a better understanding and expertise Finance Committee of IMT Ghaziabad i.r., FINESSE comes to their rescue.
Coming to the placements of IMT Ghaziabad,
|
Particulars |
2022 |
2023 |
|
Highest CTC |
27.75 |
28.75 |
|
Average CTC |
14.01 |
15.59 |
|
Median CTC |
13 |
14.5 |
They also conduct leadership talks on Strategy, Investment, etc. from Industry stalwarts such as Siemens, Lenskart, etc, and by distinguished faculties from Top B-Schools around the world.
Does IMT Ghaziabad have a management quota/backdoor entry for its PGDM course? If yes, what amount of donation should one expect?
No, IMT Ghaziabad has no back door entry for any of its programs be it PGDM or DCP. IMT Ghaziabad selection process is a strict and rigorous one you cannot escape.
The admission process comprises 2 steps
- The initial shortlisting through CAT, GMAT, or XAT exams
- The Group Exercise and Personal Interview round
Both these rounds are conducted solely on the basis of merit and not favoritism towards any caste, religion, or gender.
In case someone does mention a back door entry, it is definitely a trap and you shouldn’t fail for it and waste money.
Which one is better for finance, IMT Ghaziabad Core PGDM or IMI New Delhi core PGDM?
First of all, IMI being located in the heart of the Indian capital gives its students the advantage of living in a vibrant and diverse setting full of opportunities.
In terms of finance, IMI New Delhi is well known for its degree programs. It provides a wide range of prospects, and one can expect a successful career graph in the financial industry. In addition to the PGDM finance specialization, the institute also offers the B&FS program for students who are interested in finance. The PGDM finance specialization has been totally customized to match business requirements with courses like Wealth Management, Treasury Management, Merger & Acquisition, Private Equity, International Finance, Investment Banking, etc.
It all depends on what your goal and preferences are, see which one aligns with your preferences and go for it. Below is a table comparing the overall numbers;
|
Metrics |
IMI Delhi |
IMT Ghaziabad |
|
Fees |
INR 19.10 Lakhs |
INR 19.53 Lakhs |
|
Highest Package |
INR 50 LPA |
INR 65.6 LPA |
|
Average Package |
INR 17.01 LPA |
INR 17.35 LPA |
|
Top Recruiters |
Barclays, Crisil, Darashaw, HDFC Bank, Adani, TESCO, Maruti Suzuki, EY |
Deloitte, Infosys, HSBC, HDFC Bank, Accenture, Cognizant |
Which B-school should I choose? I have converted NMIMS Mumbai and secured the seat for name sake but have no intentions of joining. Other options are IMT Ghaziabad, IMI Delhi and all baby IIMs.
It is subjective and it completely depends on your goals and your preferences, and how much tag matters to you.
It's ultimately your call to take but here is a list of a few parameters you can/should look at:
- Return on investment (RoI)
- Reputation of the Institute
- Courses Offered
- Alumni Network
- Long-term Benefits
|
B-School |
Fees |
Average Salary Package |
Highest Salary Package |
|
NMIMS Mumbai |
INR 24 lakhs |
INR 23.07 LPA |
INR 57.65 LPA |
|
IMT Ghaziabad |
INR 19.8 lakhs |
INR 17.35 LPA |
INR 65.6 LPA |
|
IMI Delhi |
INR 19.2 lakhs |
INR 17.01 LPA |
INR 50 LPA |
|
Baby IIMs (Sirmaur, Jammu, Bodh Gaya, Sambalpur, Amritsar, Nagpur, Visakhapatnam) |
Varies from Rs. 15-20 lakhs |
Between INR 15-20 LPA |
Between INR 40-70 LPA |
Totally my opinion though - Go for IIMs.
What are the various profiles offered to fresher B-School graduates from IIM's and other Top 50 B-school's of India such as NMIMS, XIMB, IMT-G, IMI, Fore, TAPMI, LBSIM, LIBA, etc.?
The most frequent and highest-paying position available to recent B-School graduates is in banking sales. This primarily pertains to a relationship manager's resume.
- Automobile Sales: This is another typical sales position that B-schools offer, especially to new graduates.
- Enterprise IT Sales: This position entails B2B selling inside of the major IT firms.
- Research Analyst in the KPO industry: It involves mostly Google searches and searching databases for big consulting and auditing firms.
- Financial Analyst (KPO Sector): This position is ideal for finance students because it involves working on reports pertaining to equity analysis, financial analysis, and other areas of finance.
- Market Research: This position entails working with data and performing statistical analysis.
Which college should I choose between IMT Ghaziabad and NMIMS Mumbai for an MBA in marketing?
For an MBA in Marketing, NMIMS Mumbai is the better choice among these. If the steep course fee isn’t an issue for you, go for NMIMS.
Despite having a huge batch size of around 300 students, it receives coveted roles for placements. Some of the job roles offered during last year's placement were Clint Account Manager, Pre-Sales and Business Development Manager, Deal Analyst, etc.
According to NMIMS Mumbai placements 2021, the average CTC received by the top 50 students of Marketing specialization was around INR 25.16 LPA.
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