IIFT Kolkata ranked 31st in India 2019 and the only institute that has been consistently ranked among the top 10 B-Schools in the country. 

SJMSOM ranked 11th in the management category in the NIRF Rankings 2020. The institute consists of a faculty strength of 30 members.

Admission process:-

IIFT Kolkata

• Minimum of 50% marks in a bachelor’s degree. 
• The cutoff required in the GMAT exam for this course is 115-118 out of 300.
• The total fees required is INR 7.6 LPA. 
• The total intake is 140.

SJMSOM

• A graduation degree in any subject with a minimum of 60% marks from a recognized university.
• The candidates will be shortlisted based on the written test and personal interview conducted by the institute. 
• The cutoff required in the CAT, XAT, GMAT exams is 90.
• The fees required is INR 9.61 LPA. 
• The total intake is 152.

Placements

IIFT Kolkata always maintains 100% placements every year. The highest package received is INR 1.5 crore in 2019.

SJMSOM witnessed 100% placements yet again in the 2019-20 placement drive. The institute also saw a steep hike of 14% in the average salary since last year.

The table given below shows the placement statistics of both institutes:

The top recruiters are Axtria, Polycab, Zomato, Paytm, Google, PwC, L&T, JP Morgan, Accenture, etc.

Facilities

• IIFT Kolkata is a veritable storehouse of information and includes almost 3780 books in all the areas relevant to management. 
• The labs at IIFT Kolkata are well equipped with the latest computer technology with Wifi enabled facilities. 
• The library of SJMSOM has a total of 6638 books and 851 journals on relevant topics. 
• SJMSOM has two computer labs for the management programs and are connected to 100 Mbps LAN.

IIFT Kolkata is essentially a B-School offering MBA in various disciplines like marketing, finance, strategy, etc. SJMSOM is an IIT and not a traditional B-School but is quickly finding its way into the top bracket. 

IIFT Kolkata provides a lot of opportunities to initiate new developments and contribute to the new campus. Although SJMSOM might have better placements in technology and other allied sectors, IIFT Kolkata is arguably a better business school than SJMSOM. 

IIFT Kolkata is one of the premier institutes in terms of postgraduate courses in trade & business. Kolkata is the first place where it has chosen to set up its institute apart from Delhi. It has gained a lot of reputation for its international business courses.

Apart from its curriculum; its primary attractive factor is its infrastructure which makes it an even more preferable choice among individuals. The other major details regarding the college are as follows.

Academics:

• It primarily offers postgraduate and certificate courses.

• MBA, Executive MBA, and Ph.D. are the most preferred courses at the institute.

• It is one of the institutes offering a consolidated program for International Business.

• Certifications are offered in Capital & Financial Markets, Global Trade Logistics, and Export Management.

• The admission to the major courses is through a graduate degree and score in CAT/MAT/XAT / GMAT score.

Fees:

• The MBA program is offered at Rs. 7.6 Lakhs while the executive program is at Rs.90 lakh.

• Certificate course fee range between Rs. 75000-Rs. 1 LPA.

Placement Details:

The institute is known for providing 100% placements. The process of placements is in two phases generally, summer and final placements. The details are described below.

• Companies Participated- 98

• Pre Placement offers- 93

• Average Package Offered- Rs. 20.07 LPA

• Total students participated-279

• The co-curricular activities are also a positive point to be focused upon like Blash, Socrates, and Cashonova.

Major recruiters, sector-wise are given below in the table.

The highest package to date has been Rs. 1 crore. According to the student reviews the placement rate of the college is great with decent salary packages. It surely qualifies to be on the list while choosing a great college.

MICA and IIFT Kolkata both are premiere private institutes offering good options to individuals for studies and career development. IIFT is among the top B schools but MICA stands ahead in various other domains also known as School Of Ideas, for nurturing new ideas and opportunities.

The differing views about both the colleges from a marketing point of view are as follows.

Academics:

• MICA majorly offers three categories of courses like PGDM, FPM, and PGPC.

• PGDM & FPM are offered in specializations like media & entertainment, brand management, marketing analytics, and digital communications management.

• IIFT provides courses like MBA, Certification, Executive MBA, and PG Certificate.

• IIFT is popularly known for its trade-related courses particularly in international business.

Fees:

• MICA is offering courses ranging from Rs.27,500 to an average of Rs. 1 lakh. However, the maximum fee range is Rs.21 Lakh for the PGDM course.

• IIFT however offers courses within a feasible range but the executive courses are a little bit expensive and costs around Rs. 90 Lakhs.

Placements:

Both the institutes have outstanding placements and by far the best in the market.

MICA:

MICA has by far decent placements. A clear view can be obtained by looking at the details below.

IIFT:

• IIFT Kolkata has a placement record of 100%.

• The number of companies that visit the campus for placement is around 98. Students get employed in sectors like International Business, Operations & Logistics, Sales & Marketing.

• The average CTC received by the students is recorded as around 20.07 LPA.

The basic parameter inclination towards MICA, it is probably the best college for marketing, brand analytics, and consulting domain. It’s ranking among the B Schools is outstanding and mostly it outshines the other management institutes in the field of Advertising & Media.

IIFT Kolkata is one of the premier institutes in the eastern part of the country. It stands out in the case of both in terms of education and infrastructural grandeur. It is recognized by UGC and received NAAC accreditation with an ‘A’ Grade.

In order to take a closer look at the life of IIFT, we should focus on the following details.

Programs Offered:

IIFT Kolkata offers the following programs.

• MBA in International Business

• Executive Programs

• MA (Economics)

• Certificate Programs

• Doctoral Programs

• Off-Campus Programs

• Corporate Training.

It is among the top 10 business schools that offer MBA in International Business. It is among the tier 1 institutes of the country.

Campus:

• IIFT Kolkata has a lush green campus of around 7 acres.

• It has artistically designed infrastructure with well-maintained conference halls and an auditorium with 500 seating capacity. The location is in the Madurdaha area behind Ruby Hospital.

Hostel:

Library & Hostel amenities are the primary benefits the university tries to provide to its students with a view to associate a positive outlook towards both comfort and studies.

• It is the only library that specializes in the foreign trade domain.

• It has particularly set up a WTO resource center to cater to WTO specific issues.

• The campus is equipped with additional facilities like Cloud Infrastructure, Wi-fi Campus, Virtual Classroom, Security, Computer Lab.

Extra-Curricular:

• IIFT is known for its rigorous curriculum among all the colleges in India. Business summits and corporate completions and lectures are the media used by the institute to increase the knowledge potential.

• The clubs and committee are also a part of this process. All students are involved in clubs like BLASH, Bandwagon, Capital Socrates, and Systemix.

Altogether, IIFT is a worthwhile investment when it comes to developing a career acumen regarding professional courses. It gives a new experience that eventually helps an individual to grow.