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What should I choose between SPJIMR Finance and IIM Lucknow, having converted both?
If you are deciding between IIM Lucknow and SPJIMR for Finance, it is important to weigh your options. Here is what you need to know about IIM Lucknow's Finance faculty and placements:
- Placements: IIM Lucknow Finance placements have been doing well, with a good number of front-end roles coming to the campus. The highest salary for Finance stood at INR 53.34 LPA and the Mean salary at INR 32.21 LPA. Some of the companies that recruited from IIM Lucknow for Finance roles include JP Morgan, Citibank, Morgan Stanley, Black Rock, Kotak, Investec, Avendus, Arga Investments, Spark Capital, Ernst & Young IBD group, Piramal Group (Capital Markets), Deutsche Bank, Bank of America Merrill Lynch, Citibank, Goldman Sachs, Nomura, Standard Chartered, and HSBC.
- Front-end roles: Many companies offer front-end roles at IIM Lucknow, including JP Morgan, Citibank, Morgan Stanley, Black Rock, Kotak, Investec, Avendus, Arga Investments, Spark Capital, Ernst & Young IBD group, Piramal Group (Capital Markets), and foreign markets desks based out of India like Deutsche Bank, Bank of America Merrill Lynch, Citibank, Goldman Sachs, Nomura, Standard Chartered, and HSBC.
- Learning and Faculty: The Institute offers a good number of electives in Finance ranging from subjects like Investor Psychology, Quantitative applications in finance, Project Finance, Corporate Banking & Risk Management, etc. The faculty is able to provide exposure through guest lectures and industry workshops.
On the other hand, SPJIMR may not have as many big-name companies visiting for Finance roles compared to IIM Lucknow. From what has been reported in the media, some notable names missing at SPJIMR during the past 2 years include Citibank (front-end markets role), JP Morgan (front-end markets role), Nomura, Deutsche Bank, and Bank of America Merrill Lynch. However, Barclays visited SPJIMR but not IIM Lucknow in the last 2 years.
When choosing between the two institutes, it is important to consider your personal goals and interests. Do your research and decide which institute aligns better with your career aspirations.
How much bank balance is required for a German student visa?
According to the report of the German Embassy/Consulate, October 2022, students need at least 11,208 EUR (9.84 lakhs INR) in a blocked bank account to apply for the German Student Visa.
How is life after passing out from JBIMS of finance student?
Life after passing out from JBIMS or any other Business school is full of drastic changes. Some major changes your life may have are listed below:
- Everyone around you overestimates you as a Business School graduate. People have high expectations from you being a Management Trainee.
- The B School has taught you the talent of handling tight deadlines and this comes to use during your initial years post-graduation.
- You start making a lot of money but the sad thing is that even that much money is not enough to satisfy you. Your expenses increase considerably including your clothes, food, vacations, etc
- You start traveling a lot. This may include a casual meet-up with a friend, a business trip, or even a vacation.
Ultimately your life takes a drastic turn imposing new professional challenges that make you either successful or wise or both. So make sure you enjoy your life to your fullest while in a B School for life will change terrifically after graduation. Make a lot of memories and keep learning new things.
How is VGSoM for finance?
Out of the seven streams of MBAs offered by VGSOM, finance stands out for its excellent placement record and practical tutoring.
As NIRF ranks VGSOM at 5th place in its overall ranking of Management program, it can be said with affirmation that the institute is excellent in its finance coursework and teaching.
Here are some reasons to support this.
Admission:
VGSOM offers two classes of the course MBA and Executive MBA.
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There are 140 seats in each batch, a portion of which is reserved for the finance students.
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The entrance for both is done through the Written Aptitude Test (WAT) and Personal Interview (PI).
The MBA fee in VGSoM for the first year is INR 521,900.
????Infrastructure & Faculty:
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VGSoM campus is situated at the extension of the 2100 acre IIT KGP hold, settled in the heart of the city.
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The campus houses massive classrooms, computer & IT labs, auditorium, cafeteria, hostel, sports complex, among other basic amenities.
?????Placement:
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The campus invites over 70 recruiters for participation.
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In the latest placement cycle, the highest package offered was 29 LPA, and the average package offered was 18 LPA/
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Across all streams, the package varies from 10 LPA to 30 LPA each year.
In the two-year MBA course-work offered by VGSoM, aspirants aiming for a degree in Finance need to look no further and lock VGSoM as their top choice.
What are the merits of SIBM Pune over NMIMS Mumbai? Is SibM worth it for finance?
Both the colleges give an equal edge to each other in terms of establishment and worth yet if I had to choose one, I would definitely go for SIBM. I have stated a few points favoring and reasoning my choice
- Batch size: The major perk of SIBM over NMIMS is its small batch size in comparison to NMIMS. This facilitates better placements and teacher-student interaction.
- Fees: The fees of SIBM Pune is lower than that of NMIMS because of accommodation and living costs.
- SIBM Pune MBA fees: ? 13,49,000/Yr
- NMIMS MBA fees: ?11.95 Lakhs (1st Year Fees)
- Hostel: SIBM Pune has a hostel facility in contrast to NMIMS which has hostels for limited people that too at a high cost.
- Campus life: SIBM Pune provided you with an experience of campus life which is lacking on the part of NMIMS.
- Placements: Although both the B Schools have a 1% placement percentage, the quality of roles is low at NMIMS due to the huge batch size. The time taken for the batch to get placed is also more in the case of NMIMS.
- COL: The cost of living is less in the case of SIBM Pune whereas a lot is in the case of NMIMS Mumbai.
- Specialization: While NMIMS is mostly known only for its Finance, SIBM excels in both Finance as well as Marketing.
All these points conclude that SIBM Pune is a safer and better option.
Which is better for finance, Lal Bahadur Shastri or Fore School of Management? Is it worth it to take admission in LBSIM?
If you look at FORE’s prior placement statistics, you'll notice that even before they started this new PGDM in Financial Management, they were a good pick for the financial sector, finance businesses, and overall BFSI.
- Until a few years ago, LBSIM was an excellent venue for PGDM Finance. However, some of the best faculty members have left LBSIM.
- When compared to other institutes in its category, LBSIM offers cutting-edge infrastructure and possibly the best finance faculty.
- It offers a tough curriculum, and recruiters come in with core finance profiles; on top of that, LBSIM has a higher return on investment.
- FORE is a good school as well, but why pay more for similar opportunities.
| Particulars | LBSIM | FORE |
| Fees | 11.67 lakh | 15.98 lakh |
| Top recruiters | Asian Paints, Nestle, Hindustan, Bacardi, TATA Motors, Hero, Whirlpool, HDFC, etc | Microsoft, Capgemini, Razorpay, HCL Technologies, LT Foods, Blackstone and Hindware, etc |
| Placement rate | 97% | 100% |
| Average salary package | 10.6 LPA | 9.2 LPA |
| Highest salary package | 30 LPA | 32 LPA |
Just remember that it’s all about your career opportunities so think wisely and then make any decision.
What do I choose between SP Jain (in finance specialization) and MDI Gurgaon, if one is not sure of the specialization?
Both S Jaim and MDI Gurgaon are highly-ranked colleges. So choosing the colleges can be made easier by referring to the general placement statistics of both institutes.
|
Particulars |
MDI |
SP Jain |
|
Number of Recruiters |
87 |
116 |
|
Highest CTC |
INR 1.14 CPA |
INR 61.5 LPA |
|
Average CTC |
INR 26.65 LPA |
INR 29.5 LPA |
|
Top Recruiters |
Microsoft, Google, HCL, Adobe |
Accenture, Amazon, Microsoft |
MDI Gurgaon Placements 2022 saw the participation of 87 recruiters. Among them, 35 were first-time recruiters. Major recruiters included Asian Paints, Axis Bank, HCL, Infoedge, Microsoft, Samsung, Flipkart, Amazon, Jio & many more. The participating batch comprised a total of 391 students. Students received 131 pre-placement offers.
During SPJIMR Placements 2022, 75 recruiters visited the campus. Some of the top recruiters are Accenture, Aditya Birla Capital, Amazon, American Express etc. PGDM students 123 PPOs/PPIs. The highest salary offered was INR 53.16 LPA. The average salary of PGDM students was INR 32.06 LPA.
In terms of placements, MDI Gurgaon fares better than SP Jain although the difference between the two is not notable.
Which finance companies visit IIM Calcutta?
Rightly called the finance campus of India, IIM Calcutta is visited by many top finance companies for recruitment. Some such companies are:
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Citibank
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Goldman Sachs
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Bank of America Merrill Lynch
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Gaja Capital
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Barclays
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Arga Investment
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Avendus
These contribute to the second highest number of recruitments after the consulting sector.
NMIMS, SCMHRD or SIBM Pune, which would be better for Finance — learning, competitions, placements wise?
Narsee Monjee Institute of Management Studies (NMIMS) institute is one of the best management universities in India. Admissions in this university are based on qualifying exams NPATand NMAT followed by personal interview and counseling.
Symbiosis Institute of Business Management (SIBM) Pune is one of the best business schools in India. Admission to this university is based on an entrance test known as Symbiosis National Aptitude Test (SNAP) followed by personal interview and group discussion.
Symbiosis Center for Management & Human Resource Development (SCMHRD) holds 13th rank for MBA issued by times. Admissions for MBA are based on an entrance test followed by a personal interview and group discussion.
Placements
Narsee Monjee Institute of Management Studies (NMIMS)
- Companies like Bank of America, Barclays, EY, Deloitte, Vedanta, Accenture, Aditya Birla, Amdocs, Google, Deloitte, etc visit the campus every year. Last year about 166 companies visited.
- Approximately the average salary package offered to students of this university was up to 17.97 lakhs and the highest salary package offered is 30.37 lakhs
SCMHRD
- Companies like Accenture, Accenture, Avalon Consulting, Axis Bank, Bajaj Auto, Barclays Bank, Bridgei2, Capgemini, CITI Bank, etc visited campus for placements.
- The average salary package is up to 15.6 lakhs and the highest package salary is up to 38.5 lakhs.
Symbiosis Institute of Business Management (SIBM) Pune
- Companies like Airtel, Capgemini, Samsung, Accenture, Wipro, HSBC, Dell, etc visit the campus every year in search of good placements.
- The average salary package offered to students is up to 20.08 lakhs and the highest salary package is up to 34.26 lakhs.
Infrastructure and faculty
NMIMS
- Hospital, sports ground, Wi-Fi facility, well-equipped labs, and all necessary facilities are available on campus.
- Teachers are well-qualified, knowledgeable, and very helpful.
SCMHRD
- The university has a huge and beautiful campus.
- The teachers are very helpful and kind.
- The environment of the university is also friendly and engaging.
SIBM
- University has a huge campus with all necessary facilities like equipped labs, sports ground, spacious classrooms, Wi-Fi facilities, and others.
- Teachers are very knowledgeable and well experienced in their particular fields.
Overall all institutes are good for and the admission process of all institutes is also not that tough. But if we particularly talk about placements then NMIMS and SIBM are better than SCMHRD and NMIMS even has a record of 100% placement last year. With this, all institutes have an engaging and encouraging environment.
I have converted calls from NMIMS, Mumbai and SIBM, Pune. Which one should I choose given that I have an inclination towards finance specialization?
NMIMS is well known for its Finance specialization. Many might consider its huge Finance intake or the entire batch size, in general, a drawback. But if we compare the placement reports of SIBM Pune and NMIMS Mumbai, the latter is visited by most of the top Finance companies. Most companies in the Finance sector prefer NMIMS over other B Schools and students who are Finance enthusiasts too prefer NMIMS over other B Schools. The main reasons pertaining to this preference are
- Better placements than SIBM Pune
- More number of companies visiting the campus than SIBM Pune
- Its location in the Finance capital gives it a lot of advantage over SIBM Pune
- More corporate exposure owing to its location than SIBM Pune
Finance companies give more preferences to your knowledge and inclination towards the domain rather than your work experience. The only drawback of NMIMS is its high fees and lack of campus life. But the Finance roles offered are good enough to overshadow this flaw.
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