MBA degrees are provided by a university. While PGDM degrees are offered by recognized institutes. This is the fundamental difference between these two degrees. There are other differences as well, such as the following.
And to answer your next question, yes, PIBM is a good institute for pursuing a PGDM degree.
PIBM:
Hope this answers your question.
It might not be appropriate to compare colleges, as you should have faith in your skills and improve yourself to get into the college you desire.
One of my sisters studied at PIBM, so I might be able to share some facts about PIBM. But as I do not have any information about IISWBM, I suggest you connect with the students studying there and check out their reviews about the college and then finally decide which one to join.
It is suggested you review both the colleges before settling on a decision. As the branch you select will shape your career ahead and a good college can provide you with the extra push.
Categories | IISWBM | PIBM |
Course Fee | 6 lakh | 7.95 lakh |
Highest CTC | 10-15 LPA | 12 LPA |
Average CTC | 5 LPA | 6.5 LPA |
Recruiting Companies | Flipkart, Tata, Dell, Crisil, etc. | TCS, Accenture, KPMG, Berger, etc. |
PIBM, Pune, and Sinhgad Institute of Management are some of the top reputed B-schools in India. Both the colleges mentioned above have their own advantages and disadvantages but it entirely depends on your capabilities.
However, if you have to choose a college, go for PIBM. For my sister’s admission, we visited both colleges but she was not satisfied with the curriculum. Hence, if you want to look at the colleges at the same level, you can opt for the following colleges:
Finally, it is up to you and where your preferences lie. Make a list of what you are looking for in a management college, compare them, and then come to a conclusion. This choice will shape your career ahead.
One of my friends is a student of PIBM Pune. According to him, an internship's purpose is not about earning only money.
While in an internship if you are receiving an amount of money for your work, it is obviously good. But it is not only about the money. Internships are mainly your first step to the corporate world and their functions. Acquiring skills are most important, which will later help you in life.
PIBM Pune provides a strong foundation for a master’s degree in management. One of my close friends studied at PIBM Pune. According to him, most of the colleges in India focus on theoretical knowledge, but PIBM has a practice-based approach.
Categories |
PIBM Pune |
SIBM Pune |
Course Fee |
7.95 lakh |
17.26 lakh |
Highest CTC |
21 LPA |
25 LPA |
Average CTC |
17-18 LPA |
18 LPA |
Recruiting Companies |
Infosys, Mindtree, Nestle, Berger, etc. |
Asian Paints, KPMG, Reliance, Loreal, etc. |
PIBM has a strong foundation, as it has been in the business for a long and nurtures management leaders. PIBM offers a theoretical approach as well as a practical approach, and students are exposed to both facets of management.
Without any doubt, PIBM is one of the best colleges in India for management. It offers an AICTE approved PGDM course. It also offers an MBA program in affiliation with Savitribai Phule Pune University.
PIBM is one of the best institutions offering many opportunities along with wonderful placements for finance. So if you are interested in applying, grab the opportunity.
For an MBA in marketing, PIBM is definitely a better option than BIMM. The points below state some of the key highlights of PIBM, along with some advantages and disadvantages of both the institutes, which will support the choice.
Talking about BIMM, there are some disadvantages that make it the less preferred option among the two. The main problem faced is the batch size, which is huge. There is a lot of competition in the placement of BIMM just because of this reason. The faculties in BIMM do not pay as much personal attention as required for individual students. This is also an effect of the huge batch size.
Therefore, considering all the points stated above, it is clear that PIBM is definitely a better choice, having a much better training facility and placement than BIMM.
NIBM and PIBM are both considered among the best colleges for MBA. With the well-versed diversity and well-facilitated campus, both the colleges are in a league of its own.
Rankings:
PIBM is a good college with a NIRF 2020 ranking of 76-100 and ranked as 34 in Times 2020.
NIBM is one of the best colleges in India and is ranked above 100 by NIRF.
Courses:
PIBM:
PIBM offers a full-time PG Diploma in Management program (PGDM) and 2 different courses in MBA.
The course fee is about 8 Lakhs.
NIBM:
NIBM offers a full-time PG Diploma in Management program (PGDM) in Banking and finance.
The total fee for the course is about 7 Lakhs.
Admissions:
PIBM:
PIBM is AICTE approved and accepts the admission of graduates above 50% score and the 10th 12th score should also be above 50%.
Admission for the courses is done based on the score for CAT/CMAT/XAT/PMAT/MAT/ATMA.
The cutoff score of MAT is 94+ Percentile, cut off score of CMAT is 94+ percentile, and the cutoff score of CAT is 60 percentile.
NIBM:
NIBM is also AICTE approved and accepts the admission of graduates with above 50% score.
Admission for the courses is done based on the score for CAT/CMAT.
The final selection is done by the university based on the WAT and PI.
The cutoff score of MAT is 94+ Percentile, cut off score of CMAT is 94+ percentile, and the cut-off score of CAT is 80 percentile.
There is an availability of 120 seats for admission.
Placement:
NIBM:
NIBM Pune has a 100% placement record.
The highest salary offered was 14.5 LPA with an average salary of 9.44 LPA.
PIBM:
The highest salary package offered is 12 LPA.
About 80% of the students got placed before the pandemic situation, and for others, the process is still going on.
Companies like Deloitte, EClerx, Lake, Upgrade, Marico, Dabur, ITC, etc., visit the PIBM campus for placements.
Infrastructure:
NIBM:
NIBM has a self-contained campus with complete residential and educational facilities.
Labs and Wi-Fi facilities are available and maintained accordingly.
PIBM:
PIBM Pune provides all the necessary things, like a well-facilitated library and music room and well-maintained campus area.
Wi-Fi facility is available on the PIBM campus as well as in the hostel.
Both the institutes provide good opportunities regarding placements. There is a slight difference in the specialization of financial studies that are offered in NIBM which makes it considerably better than PIBM otherwise both are good choices for students.