Bachelor of Management Studies (BMS)

Bachelor of Management Studies (BMS) is a three years undergraduate program in management. BMS is necessary to run an organization efficiently. This course from Hinduja college provides students with vast knowledge. These are essential for various co-curricular activities and training sessions. They help the development of the students and train them for many challenges.

Listed below are more details about the course from Hinduja College:

• Eligibility Criteria: The admission process in Hinduja for BMS is based on 10+2 merit. The least criteria required is 50-60% in 10+2.
• Fees: The annual fees in Hinduja college for BMS is INR 66000. The costs are generally higher than in other colleges.
• Career Options and Scope: The placements are good with the average package offered to the students. The students can explore different career opportunities while pursuing BMS. The average annual salary for a fresher is INR 3 Lakh to 4 Lakh. The famous job roles for students with BMS degree are:-
  • HR executive.
  • Quality manager
  • Business Development Executive
  • Assistant Manager

Bachelor of Financial Markets (BFM):-

BFM has courses linked with Finance and its derivatives. It has been designed to help students with the resources efficiently. It offers tremendous scope and has a good future in the present generation.

Eligibility Criteria:

The eligibility criteria for BFM in KC, HR and Jai Hind College are given below:-

• Jai Hind: If you are from the general category, then 85% should be for in-house students and above 90% for out-house. Jai Hind college offers aided and self-financed courses.
• HR College: The eligibility criteria in HR college is based on merit in 10+2.
• KC College: The least cutoff required in KC college is 80-90%.

Admission Fees:

• The fee structure of Jai Hind depends upon session duration and other factors. The three-year various course has annual fees of INR 2400 per annum.
• KC College has an annual fee for BFM of INR 12000 for a 3 year program.
• HR College has an annual fee for BFM of INR 18000 for a 3 year program.

Career Options and Scope:

After pursuing BFM from these colleges, the scope is plenty. Here are a few points about the placements:

• Jai Hind College has one of the best placements for undergraduates in Mumbai. All the big recruiters offer internships to the deserving students of the college.
• HR College strongly encourages the students for job placements. 85+ companies are hiring 177 students for internships.
• KC College has tie-ups with many companies. The campus interviews are conducted for all streams, including BFM.

Both BFM and BMS are equally good and have a better scope. Every college is at the same level. There is no rigorous difference that would matter in the future. If you want to choose then pick as per location, life-style, crowd, etc. It is upon the students what they want to select.

The University of Delhi is one of the top central universities in India. The institute has been ranked 8th in the National Institutional Ranking Framework. St. Xavier’s College is one of the prestigious higher education institutes of Kolkata. The college has secured 7th rank in the NIRF all India ranking, 2020. Also, the college is accredited with a NAAC ‘A++’ grade.

Admission:

St. Xavier's College:

• The candidate should have passed their 10+2 with minimum pass marks.

• Pure Mathematics/Business Mathematics/Statistics is compulsory in Plus-II level to get admission for BMS.

• The required aggregate is 60% with 45% marks in at least four subjects including English, Mathematics/Business Mathematics/Statistics.

• Selection will be based on index calculation (50% of Agg% + 25% of Eng% + 25% of (Maths/ B. Maths/ Stats.)- out of 100).

At St Xavier’s College, the average course fee is up to 2.23 lakhs.

University of Delhi:

Nearly 14 colleges under the University of Delhi offer BMS programs.

• Admissions are based on entrance exams called DU JAT and subsequent rounds of counseling. A minimum of 65% is required in DU JAT for admission.

• Applicants must qualify for their higher secondary education from a recognized board. Students from the commerce stream are given preference.

The average fee for a BMS course at the University of Delhi is around Rs.42,075.

Placement Statistics:

St. Xavier's College:

The training and placement cell connects students with different companies all over the country and abroad

• In 2018-19, more than 650 students from various departments got placed in reputed companies through the placement cell.

• The highest package offered was 14 LPA. The average package offered was around 9.5 LPA.

• Few of the popular recruiters are MTS, Mondelez, Kotak Mahindra Bank, Titan, Asian paints, HSBC, Zomato, Axis Bank, Adidas, ICICI, Wipro.

University of Delhi:

The central placement cell assists students to get placed in reputed multinationals, government jobs, NGOs, and the private sector.

• In the 2019-20 academic year, nearly 90% of students got placed in reputed companies.

• The highest package offered is 37.8 LPA, and the median package offered is 7.5 LPA.

• HDFC Bank, Deloitte, Accenture, American Express, HSBC, Citi Bank, KPMG, etc. are the key recruiters.

Both the institute offers quality education for BMS. Go through the facts mentioned above and choose which institute will be better for you.

Both NMIMS and St. Xavier’s are highly reputed institutes in Mumbai and ranked amongst the top 10. NMIMS is ranked 22nd by NIRF in the MBA category while St.Xavier’s is ranked 4th by The Week for Arts. NMIMS has international collaborations with University of Florida, TelAviv University and King's College London amongst many others. Both these institutes have highly qualified faculty who strive to curate global leaders.

Admission Process

NMIMS

• Admissions to BSc Economics at NMIMS is conducted through NMIMS NPAT.
• NPAT can be given within 5 windows and the best of three are used to shortlist the candidates.
• 30% of seats in each program are reserved for girls.

St. Xavier’s

At St.Xavier’s, students are given admission for BMS based on a 60% weightage to Entrance Test and 40% weightage of Class XII aggregate marks.

• Intermediate graduate or possess a diploma in any English branch with a 2/3/4-year duration after passing the SSC exam.
• The intake is 60 students per batch. Out of these, 50% seats are reserved for Christian Minority.

Fee Structure

• The fees for Bsc Economics at NMIMS is 1.26 lacs per year. 
• The total fee at St. Xavier’s is 1.12 lacs per year.

Placements

NMIMS

After BSc Economics at NMIMS, a student can pursue PG in economics/management, a career in finance/industry/banks, market research institutions as market analysts. The key placement highlights are:

• There is an average of 77% placement for this course.
• The highest CTC offered was 11.6 LPA
• The average CTC offered was 4.6 LPA
• 20+ summer internship offers
• The chief recruiters were Verity Knowledge Solutions, Tres Vista, JP Morgan India Services, Education International, Nomura

St. Xavier’s

After BMS, a student can get into administration & operations, project management (executive level), enterprise management, human resource management & development, data management & system analysis, sales & marketing, and financial management. The notable features about placement statistics are:

• The median salary is 4 LPA.
• Average placement rate over 50%
• The top recruiters are Accenture, Axis Bank, Crisil, Mahindra & Mahindra, and SAP.

BMS and BSc Economics are entirely different fields to compare. Selecting a course and a college depends much on the present industry developments apart from personal interest. It is upto the individual to analyse and come to a conclusion after considering the stats.

KJ Somaiya has a total of three campuses out of which KJ Somaiya College of Science, Arts & Commerce is the best for a degree in BMS. While both the given institutes are prestigious and well-known in Mumbai, it is preferable to choose an institute that is not autonomous for your field of study.

Comparison - SIES Vs KJ Somaiya:

• Comparing the two institutes based on important factors, SIES and KJ Somaiya are both at par when it comes to educational amenities.

• Both offer a well-structured program in BMS while having multiple open electives as part of their module to choose from.

• KJ Somaiya has a larger campus with modern infrastructure, it is considered better than that of SIES.

• SIES on the other hand offers a higher number of extra-curricular activities and a more developed learning experience.

The placement statistics for both the given institutions are tabulated below.

Both the institutes offer decent placement facilities, well-experienced faculty members, and a structured program for BMS.

While either of the institutes will make for a good experience, students can make their choice based on factors such as better campus, placements, time of commuting, and fee structure.