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Which is better for finance, Lal Bahadur Shastri or Fore School of Management? Is it worth it to take admission in LBSIM?
If you look at FORE’s prior placement statistics, you'll notice that even before they started this new PGDM in Financial Management, they were a good pick for the financial sector, finance businesses, and overall BFSI.
- Until a few years ago, LBSIM was an excellent venue for PGDM Finance. However, some of the best faculty members have left LBSIM.
- When compared to other institutes in its category, LBSIM offers cutting-edge infrastructure and possibly the best finance faculty.
- It offers a tough curriculum, and recruiters come in with core finance profiles; on top of that, LBSIM has a higher return on investment.
- FORE is a good school as well, but why pay more for similar opportunities.
| Particulars | LBSIM | FORE |
| Fees | 11.67 lakh | 15.98 lakh |
| Top recruiters | Asian Paints, Nestle, Hindustan, Bacardi, TATA Motors, Hero, Whirlpool, HDFC, etc | Microsoft, Capgemini, Razorpay, HCL Technologies, LT Foods, Blackstone and Hindware, etc |
| Placement rate | 97% | 100% |
| Average salary package | 10.6 LPA | 9.2 LPA |
| Highest salary package | 30 LPA | 32 LPA |
Just remember that it’s all about your career opportunities so think wisely and then make any decision.
What is the XAT Cutoff for SP JAIN, K J Somaiya, IMT Ghaziabad, TAPMI, and FORE?
XAT or Xavier Aptitude Test is a national-level entrance exam conducted by XLRI, Jamshedpur for admission to management programs offered by more than 150 B-schools across India, including SP Jain Institute of Management and Research (SPJIMR), K J Somaiya Institute of Management Studies and Research, Institute of Management Technology Ghaziabad (IMT Ghaziabad), T A Pai Management Institute (TAPMI), and FORE School of Management.
Each of these B-schools has its own XAT cutoff score based on factors such as the number of applicants, the difficulty level of the exam, and the availability of seats. Generally, the XAT cutoff scores for these B-schools range between the 80 to 90 percentile.
It's important to note that while cutoff scores are an important factor in the admission process, they are not the only factor. Other factors, such as your academic background, work experience, extracurricular activities, and performance in other selection rounds, also play a crucial role in the admission process. So, it's always a good idea to aim for a high score in XAT and prepare well for other selection rounds to increase your chances of admission to the MBA program of your choice.
What waiting list gets through in FORE School of Management?
The waiting list movement of FORE varies each year. There are many factors that influence the waiting list movement, i.e. general cutoff trends in other colleges, new IIM waiting list movement, etc.
Usually, for tier-II colleges like FORE, around 50% of the waiting list gets clear. But, there are no ways to be certain about the waiting list movement. For some academic years, the waiting list didn’t move at all, in the past.
How should I prepare for GDPI for Fore School of Management (PGDMIB) with only a week left?
Preparing for GDPI at FSM in a week can be challenging, but it's not impossible. Here are some tips that can help you prepare effectively:
- Brush up on current affairs: Make sure you are aware of the latest happenings in the world, especially in the areas of business, economics, and politics. This will help you participate in the discussion and answer questions during the interview.
- Know your application well: Revise your application and resume thoroughly. Be prepared to answer questions related to your education, work experience, achievements, strengths, weaknesses, and goals.
- Practice communication skills: Work on your communication skills by practicing speaking, listening, and expressing your thoughts clearly and coherently. Pay attention to body language, tone, and voice modulation.
- Read and research: Read up on the latest industry trends, business news, and management concepts. This will not only help you in the GDPI but also in your future studies.
- Mock GDPIs: Practice with mock GDPIs to get a feel for the real thing. Participate in group discussions, mock interviews, and debates with friends, family, or coaching institutes.
- Be confident and stay calm: Finally, be confident in your abilities and stay calm. Remember that the GDPI is not just about knowledge but also about how you present yourself, your attitude, and your overall personality.
With these tips, you can make the most of the time you have left and prepare effectively for the GDPI at Fore School of Management (PGDMIB).
I want to take an admission in FORE School of Management, Delhi. What are the criteria for that?
You should consider applying to FORE School of Management, one of the top management institutes in Delhi NCR. 80% of placements for the 2023 batch have been completed, with the highest salary being Rs. 23 LPA and the average salary being Rs. 14.5 Lakhs.
To be eligible for admission, you must have a bachelor's degree of minimum 3 years duration with at least 50% marks or an equivalent CGPA. You must also register for CAT 2022/XAT 2023 or GMAT and score well to become eligible for admission. If you are appearing for the final year bachelor's degree/equivalent qualification examination or have completed the degree requirements and are awaiting results, you are also eligible to apply for FORE Admission. If you are provisionally considered eligible by FORE School of Management and offered admission, it is mandatory to submit the mark sheet and degree certificate of the final year bachelor's degree examination by the stipulated date.
The admission process for the two-year full-time PGDM programs at FORE School of Management consists of five stages.
- The first step is to submit the application to FORE.
- The second one is to take the CAT-2022/XAT-2023/GMAT examination.
- In the third step, the shortlist is prepared based on the CAT/XAT/GMAT score.
- The fourth step involves checking your call, date, and venue for the "Final Selection Round."
- The final step is to check the final merit list, where the final selection is based on CAT/XAT/GMAT Score, Performance in the selection process, academic performance, and work experience.
How good is PGDMIB at FORE school of management?
FORE School of Management is among the top institutes of India in all the domains including ROI, infrastructure, practical exposure, and one of the highly-rated PGDM colleges. It is among the top 10 B schools in northern India. Being a student of this institution, I can share some facts which might be beneficial.
- It is beneficial as it provides international exposure as well.
- The certifications offered are industry-oriented and the International Immersion Program in which the students are taken to Singapore for international exposure.
- The course deals with the economic situation and the challenges faced around the globe.
- The objective of the program is to make business leaders able to influence business methods and contribute globally.
- The business managers could build strong concepts related to the International Regulations & WTO, Data Security in International Business scenario, Policies & Laws, Global Supply Chain Management, Cultural & Socio-economic issues; International HRM, logistics, and Documentation and Export-Import procedures.
- For students an international professional short-term study tour is organized.
- The profiles Business Analyst, Global Sales, and Marketing Strategy are offered to the PGDM-IB students in the campus placements.
| Categories | PGDM-IB at FORE School of Management |
| Course Fee | 15.98 lakh |
| Course Duration | 2 years |
| Highest CTC | 30 LPA |
| Average CTC | 18-20 LPA |
| Recruiting Companies | Honeywell, TNS Global, Royal Bank of Scotland, Deloitte, etc. |
Many papers which are in this course are also available in other PGDM courses. However, the time and duration of the paper can differ. Like the paper allowed in 1st year in IB can be scheduled for 2 years in the other PGDM course.
How good is FORE School of management for PGDM-International business with a focus operation and HR?
According to some of my friends at FORE School of Management, PGDM-IB is a decent option for students interested in an MBA, providing several opportunities in the selection of specializations and placement. The points below give a brief overview of the course, specific to the stream of International Business (IB).
- In PGDM IB, there are few papers different from the core PGDM program, which are mostly included in the later semesters.
- Some of the relevant subjects that are included in the program are International Business Policies, Culture, and Socio-economic issues, Laws & Regulations & WTO, Export-Import Procedures, Logistics, Global Supply Chain Management, Data Security, International HR, etc.
- The placement process of PGDM IB is totally similar to that of the core PGDM program.
- For students in PGDM IB, the first mandatory specialization in International Business.
- For the second specialization, students can choose any one among the others like finance, marketing, strategy, IT, etc.
| Categories | PGDM IB at FORE School of Management |
| Course Fee | 15.98 lakh |
| Highest CTC | 31 LPA |
| Average CTC | 18 LPA |
| Recruiting Companies | Signify, Nestle, Asian Paints, Allen Solly, etc. |
These are some of the most important aspects of the PGDM in International Business offered by the FORE School of Management, which provides decent placements to students.
What are my chances in FMS, MDI, and TAPMI if I have 92% in 10th, 80% in 12th, and 95% in graduation?
FMS, MDI, and TAPMI are very good and reputed colleges and a student needs to be very good in academics to get admission to any of these colleges.
- FMS and MDI are ranked higher than TAPMI and with these scores, you will be easily able to get in the second round of selection for any of these colleges.
- For FMS, you will have to score 99 percentile in CAT as the overall percentage score of CAT for selection is 60% for FMS.
- For MDI, you will have to score 98 percentile in CAT for the flagship program, and the international business program scoring 95 percentile will be enough.
- For TAPMI, scoring 90 percentile will be good enough and with this score, you can expect to get a call from the college.
- After getting the call you will have to prepare yourself for the interview round which will be the major factor in whether you will get admission or not.
- You must practice a lot for this round and be clear with all the concepts and basics.
- Also, try to read newspapers and current affairs as these will help you a lot in your interview.
Hence, with these scores, your chances of getting admission in FMS, MDI, or TAPMI are very good and so you must prepare for your interview round very well so that you can finally get admission to your desired college.
How is the scenario of internships in FORE and LBSIM?
Having friends in both FORE and LBSIM, I can say that they are the top MBA institutes in Delhi that have big-brand value.
FORE School of Management
- There are a variety of internship roles that get offered to the students. It includes Consulting, Market Research, Sales, Business Development, Pre-Sales, and others.
- The big corporations that visit the campus for SIP (summer internship project) are E&Y, Deloitte, United Biscuits, United Breweries, Maruti Suzuki, Genpact, Expedia, IDBI, and more. These companies pay a lucrative stipend to the students.
- FORE provides a bunch of opportunities to the students sitting for SIP.
Lal Bahadur Shastri Institute of Management
- The SIPs are in BFSI, Research & Consultancy, Engineering & Durables, E-Commerce, FMCG, IT/ITES, and Others. Out of these, Research & Consultancy placed the maximum students (29% of the batch).
- The average stipend offered is 19,500/month while the highest is 96,000/month.
- There are over 150 companies that come for SIP placements. The new recruiters were Mahindra Finance, L&T Finance, Bajaj Capital, ONGC, Google, HPCL, ABC Consultants, Chegg, Mazars, and others.
In both institutes, the SIP Placement scenario is similar. For selecting the students, companies follow the steps: Resume-Shortlisting, Group Discussion, and Personal Interview.
Apart from the above, a few companies may also ask to write an online test. The students can also get PPO/PPI from some of the listed companies.
How good is FORE school of management?
If you're considering FORE School of Management, there are several factors you may want to take into account before making a decision. Here are some details about the institute, its admission process, rankings, courses, location, and placements:
Admissions:
- FORE School of Management admits students based on their performance in CAT, XAT, or GMAT exams.
- The selection process includes evaluation of CAT/XAT percentile/GMAT Score, Academic Performance, General and Business Awareness, Work Experience, Written Ability, Extempore, and Personal Interview (PI).
- The CAT cutoff for the general category for PGDM is expected to be around 85.75, XAT cutoff is expected to be 86.50, and GMAT cutoff will be around 650.
- The final shortlist is based on weighted CAT/XAT/GMAT scores, class 10th and 12th marks, work experience, business awareness quiz, Written Ability Test (WAT), Extempore, and Personal Interview.
Rankings:
- FORE School of Management is ranked 13th among private colleges by IIRF Ranking 2023.
- The institute was ranked 43rd by Economic Times among business schools in 2021.
- According to the National Institution Ranking Framework (NIRF), FORE is ranked 60th in 2022 among MBA schools.
Courses:
- FORE School of Management offers PGDM and PGDM-IB programs.
- The courses are designed with industry-driven modules, keeping in mind the demands of businesses.
- They also offer an International Immersion Program.
Location:
- FORE School of Management is located in the heart of South Delhi, in the Qutub institutional area, adjacent to IIFT, IMI, IIT, JNU.
- The location is convenient and easily accessible, but students have tight schedules due to the academic rigor of the programs.
Placements:
- The average package for FORE School of Management is INR 14.5 LPA, and the highest package offered was INR 30 LPA.
- In the 2023 placement season, 152 recruiters, including 50 new ones, participated in the process.
- Some of the top recruiters included Deloitte USI, ICICI Bank, Asian Paints, ITC, Nestle, and others.
- The highest number of offers came from the IT/ITES sector (34%).
- The participating batch received 52 PPO & PPI.
FORE School of Management has a solid reputation and provides quality education to its students. The institute has a rigorous selection process and an industry-oriented curriculum. The location is convenient, but students should be prepared for a demanding schedule. The placement season has been successful with a good number of top recruiters participating, providing ample opportunities for students.
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