The important thing is your choice and interest. If you are not interested in the subject, you will face difficulty completing the course. Being an IT student I am a little biased about the field.
Thus, there are some differences between IT and CSE. Some subjects are similar, some faculty members are also the same. They are approached by the same companies like Accenture, Cognizant, TCS, IBM, Tech Mahindra, Morgan Stanley, Mindtree, Capgemini, HCL, HP, Dell, Wipro, Infosys, etc.
Waiting for another year and dropping NMIMS is only justifiable if you are certain to get into the top 5 like IIM ABC and FMS. Otherwise forgoing this opportunity might not be a wise decision mainly because
Moreover, if you are willing to enter the Marketing sector, it’s still not late as FMCG don’t prefer candidates with much work experience. But if you are interested in Strategic Management, you can wait for a year and target the top 5 B Schools.
So the end note is, forgo the offer if you are certain you can make it into the top 5 else grab this opportunity.
Both the private colleges give good placements to their students and they also provide good infrastructure. If a choice has to be made between the two colleges, one can look at the information given below.
HR IN NMIMS:
NMIMS is ranked 4th by the outlook in the year 2020 under private management colleges. The college is AICTE approved and the total fees of the course are 20.84 Lakhs (2 years).
Admissions:
Students in order to secure a seat in the college need to apply for the NMIMS management aptitude test, which is conducted by GMAC.
The candidates should apply for the GMAT exam and should secure at least 50% marks from any recognized UG university.
Faculty:
The faculties in the college NMIMS are well qualified and have years of experience in teaching.
Placements:
Almost every student in the college was placed.
The average salary which was offered in 2019 was Rs 13 LPA and the highest package offered was Rs 22 LPA.
The top companies which visited the campus were Barclays Bank, Centrum, CITI Bank, Credit Suisse, CRISIL, DBS Bank, DHL Express, FedEx Express, Google, HCL, HP, etc.
XLRI Xavier School of Management, Jamshedpur:
The college was ranked 1st by the outlook in private colleges for the year 2020. It is a top-notch private college that offers 32 courses across five streams. The main course (called the flagship course) that is offered by the college is a two-year PG program in business management and HRM. The college also offers one-year online, VIL programs.
Admissions:
To get into this college for PGDM programs, the college accepts XAT and GMAT marks.
The shortlisted candidates are selected and called for the final rounds for admissions. The end of the round consists of group discussion and personal interview.
Faculty:
The professors who are present in the college are well versed in their area of specialization and have Ph.D. degrees.
Placements:
The placements of the college are one of the best in the country.
100% placement was recorded in the year 2020 for the PGDM course.
The highest salary went up to Rs 50 LPA and the lowest salary offered was Rs 21 LPA.
Therefore, one can choose a college based on the information given above.
I have a friend who goes to NMIMS Mumbai. Here is what he had to say.
177 is a good score to get right off the bat but it is not good enough if we consider the recent cutoff trends at the different NMIMS campuses. Here is the recent required cutoff for the NMIMS campuses.
So, it is safe to say that there is very slim chance that you will receive a call from any of the NMIMS campuses.
Your only choices with this NMAT score are IBS, SRM Chennai, VIT Vellore. It will be better if you attempt NMAT along with other management examinations such as CAT, SNAT, CMAT, again.
NMIMS is deemed to be a University owning 17 specialized schools, more than 17000 students, and 750 plus full-time faculty members. The College offers a vast variety of PG and Doctoral programs in Management studies such as MBA, E-MBA, PGDM, Ph.D. along with a few UG, Diploma, and PG diploma programs. It is recognized for its MBA/PGDM program, and the NMIMS Mumbai is AICTE accredited and has been ranked 25th by NIRF in 2022 in the management category. NMIMS Mumbai programs are nationally and internationally accredited by NBA, NAAC, AMBA, SAQS, and the Bureau of Indian Standards. NMIMS Mumbai offers admission to 179 Bachelor, Master, and Doctoral programs for young go-getters. The College accepts the scores of NMIMS CET / NPAT / NMAT / CLAT-NMIMS LAT for its distinguished UG, PG, and Ph.D. programs.
NMIMS Mumbai has a great placement scenario. Students are offered good salary packages during their placement drive every year. The final report of NMIMS Mumbai Placements 2022 has been released and a glimpse of it has been tabulated below.
Particulars |
MBA Core |
MBA HR |
Number of recruiters |
130 |
24 |
Number of new recruiters |
38 |
10 |
Number of Fortune 500 recruiters |
64 |
11 |
Percentage of batch placed through PPOs |
29% |
11% |
Highest CTC |
INR 57.65 LPA |
INR 24.84 LPA |
Average CTC |
INR 23.07 LPA |
INR 19.40 LPA |
Major sector |
BFSI, Consulting |
IT, Pharmaceuticals, Media & Telecom |
The placement scenario is pretty decent and the campus is visiting by many reputed companies.
If you are planning to get into NMIMS Mumbai through NMAT, it is important to keep in mind that this is the best program to aim for. The exam has both sectional cut-offs and an overall cut-off, which usually ranges from 207 to 210, but can vary every year. Therefore, it is important to focus on scoring well, especially in your strong areas, in order to maximize your score.
Individual sectional cut-offs can vary as well. For instance, the Quant section may have a cut-off of 65, while the Logic section could range from 60 to 65, and the Verbal section could range from 55 to 60. However, it is not advisable to focus solely on clearing the sectional cut-offs, as many students who do so end up missing the overall cut-off by just a few marks.
It is important to note that even if you have a very high score, it does not necessarily guarantee success in the GDPI process and final admission. There have been cases where students with high scores were not able to convert the call, while others with a score of just 208 when the cut-off was 207 were able to successfully convert the call and secure admission.
Therefore, it is important to approach the selection process holistically and focus on performing well in all aspects, including the GDPI process, in order to increase your chances of success in securing admission to NMIMS Mumbai through NMAT.
You can choose Great Lakes if you would like to switch industries and finish your MBA in one year. If you don't want to change industries and have two years to spare for an MBA, NMIMS is the better option.
The cost is nearly the same, however attending NMIMS takes a year more, so you have to consider the opportunity cost as well.
Regarding exposure and industry interaction, NMIMS is better. You should make a decision keeping in mind all these points and your personal considerations.
NMIMS is well known for its Finance specialization. Many might consider its huge Finance intake or the entire batch size, in general, a drawback. But if we compare the placement reports of SIBM Pune and NMIMS Mumbai, the latter is visited by most of the top Finance companies. Most companies in the Finance sector prefer NMIMS over other B Schools and students who are Finance enthusiasts too prefer NMIMS over other B Schools. The main reasons pertaining to this preference are
Finance companies give more preferences to your knowledge and inclination towards the domain rather than your work experience. The only drawback of NMIMS is its high fees and lack of campus life. But the Finance roles offered are good enough to overshadow this flaw.
In my opinion, NMIMS Mumbai is a much better option than Amity. NMIMS offers a number of specialized BBA courses and the placement scenario is much better at NMIMS than Amity.
Mumbai is called the Mecca for Finance. It has a better and larger number of MNCs and firms that offer excellent exposure in contrast to Amity where the opportunities will be somewhat limited.
On the basis of the Management program, NMIMS even has better rankings than Amity.
A table drawing a comparison between the BBA Programs offered at both Amity and NMIMS is shown below
Particulars |
Amity |
NMIMS |
Fees |
INR 3.61 Lakhs (yearly) |
INR 500000 (yearly) |
Ranking |
# Ranked 28/125 by NIRF Management Colleges |
25 out of 125 by NIRF in Management Colleges |
Highest CTC |
INR 2150000 |
INR 18.45 LPA |
Average CTC |
INR 500000 |
INR 34.72 LPA |
Exams Accepted |
Merit-based + University-based Test |
NPAT |
As a candidate with a lower academic performance in the past, you are eligible for most of the business schools, except for a few, such as the Indian Institutes of Management in Ahmedabad, Bangalore, Calcutta, and Lucknow, which place a greater emphasis on previous academic records. However, XLRI is good news for you, as it does not consider your previous academics when shortlisting candidates. Additionally, SPJain may consider extending you a profile-based admission offer if your CAT score is at least 85 or higher and you have something unique in your profile. Other top business schools, such as NITIE Mumbai, MDI, and NMIMS, are easily within reach for you.
It is recommended that you focus on making the most of your current educational journey and not let your past academic performance impact your future opportunities. Aim to prepare well for the CAT exam, aiming for a top score, and accumulate as many quality resume points as possible to develop a unique and impressive profile for yourself. However, do not forget to live the life of an engineer, taking full advantage of your education. If you gain at least 2 years of work experience, you may consider taking the GMAT and applying to the Indian School of Business, which may consider extending you an admission offer.