NMIMS, Navi Mumbai had a rank of 24, LBSIM had a rank of 85, TAPMI, Karnataka had a rank of 27, IMI Delhi had a rank of 28, and GIM Goa had a rank of 48 in the management category in NIRF 2020 respectively.
Admission:
To be eligible for admission, graduates are expected to have passed with a minimum of 50% along with their NPAT/SNAP/CAT/XAT score, and depending on the program, work experience is also mandatory.
Cutoff:
Placements:
Aspect | NMIMS | LBSIM | TAPMI | IMI Delhi | GIM |
No. of recruiters | 170 | 109 | 102 | 86 | 69 |
Highest CTC | 58.661 LPA | 28 LPA | 25 LPA | 22 LPA | 25.6 LPA |
Average CTC | 18.33 LPA | 9.2 LPA | 12.9 LPA | 13.07 LPA | 11.7 LPA |
Which college is a better option is a decision that needs to be made after reviewing the above facts and the college brand along with the ROI which is on an average 96% for NMIMS, 79% for LBSIM, 92% for TAPMI, 71% for IMI Delhi and 73% for GIM respectively.
IMI Delhi is the best option among the mentioned institute. It offers good academics and placement opportunities. IMI Delhi placements 2022 had an average CTC of INR 15.23 LPA and the highest CTC was INR 32 LPA.
The rest of the institutes are almost at par in terms of opportunities. KJ Somiya offers better campus life and peer learning opportunities, comparably.
In terms of placements, LBSIM and FORE are almost the same. However, FORE changes around 30-40% more than LBSIM.
Going by the statistics, your preference order should be - IMI Delhi > KJ Somaiya > FORE ~ LBSIM.
Honestly speaking, TAPMI, FORE, and LBSIM are very similar in terms of curriculum. Many of my friends have completed PGDM from FORE and TAPMI. Even the comp ones that visit the campus for placements are very similar and not much comparison can be done between the 2 B Schools. The placements report too will reveal a similar list of companies visiting. Some minor differences between these B Schools are
Recruiters consider all top 2 B Schools in the same league. What matters more than your B School choice is what you plan to do from your PGDM course.
When it comes to choosing between different institutes for an MBA, there are a lot of factors to consider beyond just ROI, fees, and CTC.
Firstly, think about the specialization you want to pursue. Each institute may have a different focus, such as IMI's dedicated HR course, FORE's marketing program, or LBS's finance specialization. Do your research and make sure you choose an institute that aligns with your career goals.
When considering placements, don't just focus on the CTC or the recruiting companies. Instead, look at the profile that is being offered. There is a big difference between an area manager role and a sales executive role, for example. Make sure the profile is something that interests you and aligns with your career aspirations.
Talking to alumni can also be a helpful way to gauge the exposure and opportunities offered by each institute. Reach out to alumni from different institutes to get a better understanding of what each one offers and which may be the best fit for you.
Ultimately, how you perform in the program will matter much more than which institute you choose. Put in the effort and work hard to make the most of your time in the program, and you will set yourself up for success in your future career.
IMT Nagpur and IMT Hyderabad are considered good B-Schools, better than TAPMI and LBSIM but IMT Nagpur is more established and has a better reputation, which puts it higher on the list. However, this ranking can vary depending on the factors that are being considered, such as faculty quality, campus infrastructure, industry linkages, and alumni network, among others. Additionally, personal preference and individual career goals should also be taken into consideration while evaluating the B-Schools.
It is always recommended to visit the campus and talk to current students and alumni before making a final decision.
Given below is a brief comparison between LBSIM and FORE School of Management.
Particulars |
LBSIM |
FORE School of Management |
Established |
1995 |
1981 |
Rank |
76 |
43 (NIRF) |
Accreditation |
AICTE, AIU, NBA |
AIU, AICTE |
Specializations |
General, Finance, Logistics and Supply Chain Management, Research and Business Analytics |
General, International Business, Big Data Analytics, Financial Management |
Intake |
420 |
420 |
Course fee |
11.67 lakhs |
15.98 lakhs |
Entrance exams accepted |
CAT/GMAT/NIMCET |
CAT/XAT/GMAT |
CAT cutoff |
80 |
85 |
Selection |
Written Ability Test (WAT), Personal Interview (PI), Group Discussion (GD) |
Written Ability Test (WAT), Personal Interview (PI), Extempore, Business Awareness Quiz (BA-Q). |
Placement rate |
100% |
90% |
Average CTC |
9.2 LPA |
10.6 LPA |
Highest CTC |
28 LPA |
30 LPA |
Top Recruiters |
Accenture, HDFC Bank, Click labs, Asian Paints, etc. |
Kotak, Nestle, JP Morgan, Axis Bank, etc. |
LBSIM and FORE School of Management offer similar academics and placement opportunities. However, LBSIM has a higher ROI than FORE due to less course fee.
LBSIM Delhi and SIBM Bangalore, both are good management colleges in India. If you want to pursue a career in finance then LBSIM would be a better choice as the PGDM (Finance) course offered by the institute is considered best in the country.
Given below is a brief comparison between the two institutes.
Parameters |
LBSIM Delhi |
SIBM Bangalore |
Approved by |
AICTE |
AICTE |
Rankings |
76th in the management category by NIRF |
23rd in TOI’s entire India B-School ranking |
Course fees |
INR 11.67 lakhs |
INR16.2 lakhs |
Entrance Exam |
CAT/GMAT/XAT |
SNAP |
Selection |
WAT, GD, PI |
GE, PI, WAT |
Average CTC |
9.20 LPA |
9.79 LPA |
Highest CTC |
28 LPA |
28.26 LPA |
Top recruiters |
Accenture, Asian Paints, HDFC Bank, Nestle, Deloitte, etc. |
JP Morgan, DELL, Puma, ITC, MSIL, etc. |
Both the institute offers equally good facilities, infrastructure, and similar industry exposure. Being located in Delhi, LBSIM has connections to companies across various business domains. Whereas, in Bangalore, there are more IT companies.
PGDM BFS is a viable option if you are keen about numbers and finance in general. PGDM core and PGDM BFS rarely has a major difference in curriculum except that marketing subjects of BFS would be less intriguing and the major pedagogy is directed towards marketing of finance products and services only.
A PGDM core student is open to a plethora of opportunities during placements as he is eligible to appear for companies offering marketing and sales profiles. On the contrary, a PGDM BFS student has been exposed to a customized curriculum that focuses mainly on Finance and lacks a wide range of opportunities. However, he has a more definite chance of securing placement at a company offering Finance roles like Banks and other financial institutions. This advantage seems very minimal right now but with the increase in the relevance of the curriculum and demand of the course, it will soon be coveted among Finance aspirants.
The BFS faculties are considered to be among the best given the excellent performance of BFS students in the recent years and the increasing popularity of the course. The companies visiting the campus for BFS are not only banks but include AMCs, NBFCs, FinTechs and other Fin Services firms. The course targets the entire Banking and Finance sector.
At the end of the day, what remains of your college life is not the specific course you chose but the college you chose to pursue it. Be it PGDM Core or PGDM BFS, IMI Delhi is the perfect college to experience a great college life.
I can speak with certainty that PGDM at LBSIM is a far better option than PGDM in Financial services at IMI Delhi. My brother is a recent pass out from LBSIM and the following highlight of the institute are based on his personal experiences
All these points clearly state that LBSIM is a very good choice for a PGDM program.
Top B Schools like LBSIM/FORE are incomparable to the new IIMs. They have been established for decades and the new IIMs cannot be included in them at least in the near future. Although some might say that some new IIMs are under the mentorship of old IIMs like Lucknow, they haven’t made the mark yet. Whereas the already leading B Schools LMSIM and FORE are on the verge of making it to the top. Even the IIM tag is of little value here.
Let me explain this through an example. You go to buy an electronic device and purchase a branded device. Yet the model is a very old one. It is of little value despite being branded. Same is the case here. The new IIMs do give you the IIM tag but it is of little worth.