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
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.
Fee Structure
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:
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:
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.
There are a lot of factors which should be kept in mind while opting for either of the colleges. Some of such factors are mentioned below.
Attendance-
Distance- If you are a resident of Mumbai then you should consider the distance of the college from your home. It is an important factor to consider, and saves a lot of time and money.
Focus area-
Let’s take a look at the advantages of all the above-mentioned colleges in a tabular form below.
Parameters |
NM College |
HR College |
Jai Hind College |
Mithibai College |
Placement rate (2020) |
100% |
70%-80% |
65% |
50% |
Average salary package (2020) |
17.58 LPA |
2 LPA |
>2.5 LPA and <5 LPA |
4 LPA – 5 LPA |
Community- Often this factor is excluded while selecting a college, but this factor is as important as any of the above-mentioned factors. Although, if you have good people skills, you don’t need to consider it. But if you need a community then, in NM you will be surrounded by Gurjatis and in HR by Sindhis.
Infrastructure-
Cost- If you are not a resident of Mumbai, South Mumbai is expensive in comparison to West Mumbai.
Thus, keeping the above analysis in mind, NM College is the best out of the four colleges.
A BMS from SSCBS is better. It offers a good return on investment. The course fee is only INR 34,565. According to the highlights of SSCBS placements 2022, the average CTC for the institute is around INR 9.26 LPA. The highest CTC offered this year was INR 21.5 LPA.
The Delhi University tag also helps a lot in terms of placements. Another advantage of doing a BMS from SSCBS is that you will get to specialize in a particular domain.
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.
Particulars |
KJ Somaiya |
SIES |
Placement rate for BMS |
70% |
60% |
Highest CTC |
4.5 LPA |
2.5 LPA |
Fees |
INR 2.77 Lakh |
INR 63,735 |
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.
Among these, Christ University is the best option for Bachelor of Management Studies. Their BBA degree is reputed across the country. Christ maintains an optimal faculty-student ratio, to ensure every student gets proper faculty guidance and help. According to Christ University placements 2022, the average CTC for UG courses stays in the range of INR 12-15 LPA.