Nirma University has ranked 13th for MBA by Outlook India in 2020 and it is an ‘A’ graded institution according to NAAc’s evaluation. BIMTECH Noida on the other hand has ranked 26th among the top private universities for MBA studies by Outlook India in 2020. Both the institutes have their advantages and disadvantages. Some of the factors which need to be considered while choosing one of these two institutes are discussed below.

Admission:

BIMTECH:

• Aspiring students who want to get into BIMTECH University for MBA, have to qualify the exams like MAT, CMAT, CAT, XAT. These are the common exams that everyone has to qualify no matter what the course is under MBA.

• The average course fee is 10-12 Lakh.

Those who score more than 85 percentile in the aforementioned exams, receive various financial support scholarships from the institution.

Nirma University:

• Those who want to get into Nirma University for an MBA have to qualify for CAT which is the basic eligibility criteria for admission.

• The average course fee is around 8 Lakh.

There are multiple scholarships that are offered by the institution to the students based on different aspects like Merit, means, and more.

Placement:

Nirma University:

• Various commerce, BFSI, hospitality, and pharma companies offer placements to the MBA students of Nirma University. Juniper, Qualcomm, ARM are some of the top recruiters.

• The highest and the average package that is usually offered seem to remain around 24 LPA and 10 LPA.

BIMTECH:

• On the other hand, more than 96% of BIMTECH students get placed every year by several companies like SBI, HDFC Bank, Moody’s Analytics, Federal bank, Berger, Oppo, and more.

• The highest and average packages are 23 LPA and 11 LPA.

When it comes to the other significant factors like Infrastructure and faculty, both these institutes are on the same level. Most of the faculty members are well experienced and helpful. There are library facilities at both the campuses and sports fields to make the college life of the students better. Nirma University offers hostel facilities to all its postgraduate students and BIMTECH offers hostel facilities to all its students irrespective of their courses.

If you had chosen the BIMTECH Greater Noida PGDM core program, then it would have been a different story. However, we are talking about the PGDM – Insurance Business Management (PGDM-IBM) and the placements are not as good as the core PGDM program. 

The placement statistics of BIMTECH Greater Noida are given below for the batch of 2019-21.

• Number of recruiters visited – 129
• Number of new recruiters – 38
• Highest salary – INR 16 LPA
• Average salary – INR 8.07 LPA
• Median salary – INR 8 LPA
• Number of students in PGDM-IBM – 60
• Number of students who got placed in PGDM-IBM – 59
• Average salary of PGDM-IBM students – INR 8.01 LPA

IILM may not be a better brand than BIMTECH, but the program is more important than a college brand. At IILM you can do the following specializations.

• Finance
• Marketing
• Accounting
• Organizational Behavior
• Entrepreneurial Management
• Technology
• Operations, Information, and data
• Innovation and strategy
• Economics, International Business, and Public Policy
• General Management

With the PGDM-IBM course, you will be restricted only to the banking and insurance sector. The course curriculum at IILM is also good and is made in line with the Stanford Graduate School of Business, Wharton Business School, and IIM Ahmedabad. Also, you will be given a mentor who will guide you throughout your first year of studies and beyond as well.

So considering all these things, you should choose IILM over PGDM-IBM at BIMTECH Greater Noida.