There’s no clear winner in this comparison. If you want a career in the corporate world, doing an MBA from SIOM Nashik is better. SIOM placements are good and it offers decent exposure to the industry. The 2022 campus placements of the institute had witnessed an average CTC of INR 12.38 LPA. The highest CTC offered was INR 24.13 LPA.
If you want a more stable and traditional Govt. job then SSC is the better option. The salary is decent.
SIBM Bangalore and SIOM Nashik, both share good repo among MBA colleges. Both colleges are Accredited with NAAC “A” Grade.But on comparing each other SIBM Bangalore has an edge over SIOM Nashik. In terms of Placements SIBM student has fetched 25 LPA as highest package but SIOM Nashik’s highest placement package is 17.7 LPA.SIOM is a core operations MBA college whereas SIBM has 7 streams for MBA. For those who want to pursue operation management then SIOM Nashik is a better choice.
The table mentioned below gives a brief overview of both institutes:
Aspects |
SIOM Nashik |
SIBM Bangalore |
Year of Establishment |
2005 |
2008 |
Fees |
6.8 L/ Year |
8 L/ Year |
Entrances Accepted |
SNAP |
SNAP |
Highest Package (2020) |
17.7 LPA |
25 LPA |
Avg. Package |
11.73 |
10.26 LPA |
Top Recruiters |
Deloitte, Amazon, Genpact, BAJAJ, IBM, TATA, Infosys, ACG, HFCL, Zycus |
Aditya Birla Capital, Accenture, Genpact, Infosys, Oracle, PepsiCo, Wipro, Infosys, Cisco etc. |
No. of Students |
136 students |
207 students |
Selection Criteria
Admission to both the colleges are on the basis of marks scored in the entrance examination- SNAP. Candidates selected on the basis of marks scored in entrance examination will be further evaluated on the basis of performance in Group Exercise, Personal Interview and Written Ability Test.
Conclusion
Both the colleges are good colleges. On one hand, SIBM Bangalore offers more specialisations and has greater highest package while on the other hand, SIO Nashik has better RoI and Better Average Package.
If you had to choose from the options mentioned, it's recommended to opt for a brand name. Your priority should be IMT Ghaziabad, IMI Delhi, and SIOM Nashik.
When it comes to Operations Management, NITIE, and IITs are considered to be top-notch. They offer a comprehensive curriculum, job roles, and industry exposure, making them highly sought-after. In fact, IITs have established their brand in management, specifically due to their expertise in operations. However, when it comes to Operation major, NITIE remains unparalleled, as they have the longest chain of alumni in operations, holding high-level designations for many years.
If operations are still your preferred field, and you don't have any other options apart from NITIE or IITs, then your decision should be entirely based on the brand you are joining.
You can also connect with the alumni of the respective colleges and ask their personal opinions.
The most suitable college for you is the one that satisfies your priorities. So the first step is to identify your priorities.
In case you are still unsure, enquire about the Median salary and compare it. Choose your college wisely as it’s the deciding factor of your career.