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How good is MDI, Gurgaon for specialization in Finance?
MDI Gurgaon has been consistently ranked amongst the best B Schools in India and has become one of the most coveted B Schools in India. MDI Gurgaon maintains a good placement record over years. The institute has recently released the final report of the 2022 placement drive. According to the report, there was an increase of 12.57% in the average salary. The top 50% average salary stood at INR 32.2 LPA. The highest salary offered was INR 1.14 CPA which increased by about 159% as compared to the previous year. The median salary stood at INR 23.50 LPA.
This year saw a considerable increase in the number of companies offering profiles to students in the Finance domain. Some companies that offered Investment Banking roles are
- Goldman Sachs
- HSBC STG
- JPMorgan Chase
- Nomura
Niche roles were offered by Private Equity firms such as
- The Chesapeake Group
- American Express
- Axis Bank
- Citibank
- Bank of America
- HSBC
- ICICI Bank
- Religare
- SBI Capital Markets
- Standard Chartered
- Synergy Consulting
With so many big names from the Finance sector visiting the campus we can deem MDI Gurgaon as quite a good choice for specialization in Finance.
Is FMS BHU good for Finance?
Before we get into a college, we normally do prior research on various factors that we require in the desired course. Generally, it is about placements, packages, and corporate exposure. And, if you are assuming to find all of that in FMS BHU, you are wrong!
But then, if you are looking for a place with some spiritual retreat and carrying a degree just for the sake of carrying one without bringing out any benefit- FMS BHU would welcome you with open arms!
Some people beg to differ- which I am assuming is because they must have been placed in good company. But then, if you have prior work experience, carry a strong and valuable work ethic with a good educational convent background, FMS BHU should not be considered.
FMS BHU is ranked similar to what a mediocre MBA college is. Save your time by not going for this. Not choosing FMS BHU can save your career from being wasted. Because it's better to test your luck in some betting app than choosing this institute as your place to study.
The profiles that the companies show up are in the name of sales, but you would beg to differ when you observe companies like Berger Paints, Kent RO, Gyan Dairy, etc. show up. They offer an average package of 2.4-5 LPA.
The batch of my friends is facing this issue as they have no other option left. All in all, I would not recommend FMS BHU at all.
How are the finance placements at IIFT Delhi?
If we see IIFT Delhi placements domain-wise then, the percentage of finance companies visiting the campus is just after consulting at 23%.
The sector-wise distribution shows BFSI sector dominates the companies visiting the campus at 30%. Major finance companies that visit the campus are Deloitte, JP Morgan Chase & Co., Goldman Sachs, HSBC, Citi Bank, etc.
How good is finance in IMT Ghaziabad? What are the placement opportunities? How is it compared to PGDM general?
IMT Ghaziabad is called the Mecca for Marketing. It’s well known for its specialization in Marketing, Sales, and Business Development based roles. I don't think it offers similar opportunities for finance as well. The placements are pretty good but getting internship offers is difficult for someone who is switching careers from IT to Finance.
So if you really want to pursue a career in Finance after your MBA from IMT Ghaziabad, you can try CFA, and FRM and have some past background in Finance
How is the PGP finance program in IIM Kozhikode?
The PGP finance program at IIM Kozhikode is indeed good. IIM Kozhikode is the 4th Ranked B-School in MHRD NIRF Ranking (2021) among the top 100 Management Institutes.
The PGP Finance is a two-year full-time masters level program designed to aid students in pursuing careers in the financial world, in domains such as corporate finance, investment banking, and wealth management.
Most of the courses are very easy, especially for commerce graduates from DU or other reputed colleges.
How was your SPJIMR interview experience for the finance stream?
One of the students interviewed by SPJIMR on 25th February 2021 for the finance stream, shared their experience. During Group Interview 1, two professors and three students were present. You should give well-prepared answers when asked about yourself, why you want to pursue an MBA, your long-term and short-term goals, and your favorite subject. You should also confidently answer questions about financial management, such as what CAPM is and what Beta is in CAPM. If you are unsure of an answer, you should try to explain it as best as you can.
When asked about the performance of banks in the country and whether the latest budget provisions will help, you should be well-prepared with your answer. When comparing recent changes to those made in the 90s, you should try to highlight both the positives and negatives. When asked about the challenges you've faced during bank audits, you should answer based on your experience in the sector.
During Group Interview 2, two professors and four students were present. You should confidently answer questions about your experience during Group Interview 1 and explain why you want to pursue an MBA and your long-term and short-term goals. If asked about your hometown, you should try to answer as best as you can. If asked how you would cope in SPJIMR for two years, you should link your answer to your audit experience of going outstation for months and managing to cope well.
Which one is better: NMIMS, JBIMS, or SP Jain for Finance if I was looking for good placements and brands?
If you are considering pursuing an MBA in finance at NMIMS, JBIMS, or SPJIMR, the ranking is JBIMS > SPJIMR > NMIMS.
JBIMS has a high-quality education due to the prominent faculty members who come to the campus regularly to teach and give guest lectures. Some of the notable faculty members include Prof. Moradian, Prof. Shivanand & Kedar Mankekar, Prof. Sandeep Gokhale, Prof. Ghadiyar, and Prof. Jagdeep Kapoor.
The institute also has an excellent placement record, with major companies such as Deloitte, EY, PwC, Accenture, Insofys, and KPMG visiting the campus. The average salary during the 2022 placement drive was INR 27.63 LPA, with the median CTC at INR 26.48 LPA and the highest salary at INR 42 LPA. The 2021 summer internship placement drive was also a success, with the highest stipend offered to be INR 5.67 Lakhs per month and the average stipend at INR 2.05 Lakhs per month.
JBIMS also has a strong industrial interface, with many companies providing live industrial projects to students, which is a significant benefit. The institute is located in Mumbai, which is close to many corporate headquarters, such as HDFC, ICICI, BCG, and McKinsey.
The institute has also performed well in national-level competitions, such as HUL LIME, P&G Dream Team, JP Morgan - The Deal, Nomura Investment Banking Case Study Contest, and PepsiCo BIAC. The alumni network of JBIMS is extensive, with notable alumni such as Noshir Kaka, Nitin Paranjpe, Kainaz Gazder, Vinita Bali, Mani Ratnam, Sam Balsara, Chanda Kocchar, Ajay Piramal, Paresh Sukhtankar, Sanjay Lalbhai, Rohit Narang, Shruti Bajpai, Ravi Chaturvedi, Siddharth Roy Kapur, Uday Kotak, Harish Manwani, Parag Gude, and many more. JBIMS is referred to as the "CEO factory," which is a testament to the quality of education and training provided.
How is the placement of the IBS Hyderabad in finance?
Many get confused between ISB and IBS Hyderabad. The former is a top B School with high Global rankings while the latter is a mediocre college.
As far as placements are concerned, they depend more on an individual’s profile, skills, knowledge, and personality than the college they hail from. Yet I have to admit having IBS on your resume will definitely limit your chances of getting a decent package. This is because the brand value is low and it does not meet the standards of the top B Schools. I know a friend who after graduating from IBS did his internships at a top bank and ever since then has been unemployed in the search of a decent job.
My personal advice regarding higher education is that it’s better to invest and go for a college that will add value to your resume in the future than spend less money and go for a mediocre college that might make the job-hunting game a difficult one for you.
Which one is better for MBA/PGDM Finance, NMIMS Bangalore or GIM, Goa?
Both the universities, GIM and NMIMS are reputed in the field of Management education. But since you don't have NMIMS Mumbai as an option, you might give it a second thought.
When it comes to NMIMS Bangalore, GIM is a much older player in the field of PGDM. Even if we see the rankings, GIM is considered in the top 20 to 30 including IIM in the list. They have experienced faculty, very decent placement records, and a very strong alumni base.
So I would suggest not running after an umbrella institute under the NMIMS brand name and rather going for GIM.
How is the FPM in Finance at IIM Indore, Lucknow, Kozhikode?
The FPM or the Fellow Program in Management is a full-time, residential, fully financially supported doctoral program of the Indian Institute of Management Kozhikode.
One of my friends joined IIM Kozhikode for research under financial accounting and control. According to her, the first year is full of rigor and a rigid curriculum. The FPM students share the curriculum with MBA students in the first year along with 3 FPM courses. The shared curriculum enables them to get in insight into various aspects of Management.
Like the first year, the second to has 3 semesters of 3 months each. This year comprises core FOm courses that give a depth understanding of methodologies and various econometric tools.
One major drawback my friend faced was the improper ratio between the number of courses and their period of study. The second year has 7 courses in each term which imply 12 days per subject which is insufficient. If we consider the 30 hours of classes per course, it means we attend classes for 210 hrs ( appr 8 days).
So IIM Kozhikode no doubt offers top-notch facilities and resources but you will have to prepare yourself to physically and mentally tire yourself to avail of them. FPM is an excellent course for research aspirants and not for casual learners.
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