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Which college out of GIM and KJ Somaiya is better for core MBA?
Between GIM and KJ Somaiya which is the better institute that depends on which domain you will choose. Both the institute is reputed for management education and have their advantages.
Given below is a brief comparison between the two institutes.
|
Category |
GIM |
KJ Somaiya |
|
Accredited by |
AICTE, NBA, AIU |
AIU, NBA |
|
Rank |
48 (NIRF) |
56 (NIRF) |
|
Entrance exams |
CAT/XAT/CMAT/GMAT |
CAT/XAT/GMAT/CMAT |
|
Selection |
Personal Interview |
Group Discussion, Personal Interview |
|
Course fee |
15.98 lakhs |
14.93 lakhs |
|
Placement rate |
100% |
97% |
|
Highest CTC |
25.6 LPA |
28.5 LPA |
|
Average CTC |
11.7 LPA |
10.08 LPA |
|
No of companies visited |
120 |
165 |
|
Top recruiters |
Nestle, Infosys, Deloitte, IBM HP, Wipro, HSBC, Capgemini, Cognizant |
Amazon, Google, Siti, IBM Deloitte, Ernst, and Young HSBC, Mercedes Benz, Bloomberg |
For Finance, KJ Somiya is a better option than GIM. KJ Somaiya has a location advantage as it is situated in Mumbai, the financial capital of India. The course fee of KJ Somaiya is also lower than the GIM.
How do I decide among IIT Madras and IIM Nagpur for an MBA?
If you ask me, I would suggest you choose IIT Madras to pursue an MBA as compared to IIM Nagpur for an MBA.
- IIT Madras is a prestigious institute with a rich culture.
- It has been consistently named as one of the top institutes in India for pursuing an MBA.
- In 2023, it was ranked 17th in the NIRF ranking.
- The institute has well-designed curriculums that are focused on meeting the industry requirements.
- The management department has praise-worthy placement records with the majority of students grabbing dream placement offers.
- The highest placement as recorded this year is INR 21.89 LPA and INR 16.93 LPA is the average LPA.
- The top recruiters visit this institute during the placement season. Some of them are Dell, Accenture, P&G, Standard Chartered, etc.
After a B.Tech from an IIT, should one go for an MBA from IIT Bombay / Delhi or from newer IIMs like Kozhikode or Ranchi?
The answer to your question is objectively based solely on your inclinations. IITs might offer a better ROI than IIMs. But had I been in your place I would have gone for the newer IIMs like Kozhikode or IIM Ranchi which is one of the fastest-growing IIMs. The reasons for taking this decision would have been
- Better opportunities in finance, marketing, and consulting domains.
- Better placement opportunities
- Better industry exposure
- The prestige of being a part of the IIM alumni network
- The IIM tag
All these points make IIM a more tempting choice. Yet if you are tight on budget and just want to go for the Operations domain IIT will do fine for you.
Is it worth for IIM Ranchi MBA graduate with 3 year of previous work-ex in IT to join mu sigma as apprentice leader trainee?
No, I certainly will not suggest that you go for MU Sigma as an apprentice leader trainee. There are many better options like joining a structured, organized company with a decent work ambiance. These aspects are missing in MU Sigma which has a weird business model. The business model is based on the concept ‘Throw them in water, they will learn to swim”. That is if they are made to face hardships they will end up learning the skill to survive. In reality, this has caused relentless suffering to the professionals, the managers, and most importantly the clients. Everybody is clueless and no proper targets are allotted. So I am completely against you joining MU Sigma.
How is the NMIMS Mumbai? What can be the cost of 2 years for an MBA, including accommodation? Is it worth the money? Which companies come for placement?
You have asked multiple questions at the same time and I'm here to clear all your doubts. Starting with the first part is how NMIMS is, well it is better than the newer IIMs and institutes like IMT, SIBM, SCMHRD, and IMI. In case you have calls from these, straight away go for NMIMS only. You can pursue an MBA with any specialization here. You should reconsider your decision however if you have calls from MDI, NITIE, IIFT Delhi, IIT Bombay, and JBIMS and you are willing to study something apart from Marketing.
However, NMIMS is not comparable to the older IIMs and FMS.
Cost of MBA (2 years )
The yearly NMIMS MBA fees are INR 11.95 Lakhs Fees. The additional costs are around 2.4 Lakhs every year. So the total cost of an MBA for 2 years is around INR 28.7 lakhs.
Worth
It’s impossible to evaluate correctly if a certain B School is worth the money. Some end up with high packages while some with low packages. Also, ROU is a broad term and cannot be determined by just the package you receive. Most of the time I have seen the lives of people with low packages change after their first job. So the initial package is just a stepping stone and not a deciding factor.
Placements
Some major companies that visit the campus for placements are Aditya Birla Capital, EY, Capgemini, Cognizant, ICICI Bank, etc.
Which is better for an MBA, IIM Amritsar or IIT Roorkee?
IIT Roorkee is a better option for an MBA. It is not just the IIM tag that one should consider while choosing a business school. There are various factors like the establishment year of an institute, course fee, location, placement scenario, faculty, infrastructure, alumni network, etc. that must be considered during the selection.
IIT Roorkee is a well-established institution with a long history of excellence. Its Department of Management Studies (DoMS) has been functioning since 1998. On the other hand, IIM Amritsar is one of the newer IIMs in India, having been established in 2015.
Here are the MBA placement statistics of both DoMS (IIT Roorkee) and IIM Amritsar for 2023:
| PARTICULARS | (DoMS) IIT ROORKEE | IIM AMRITSAR |
|---|---|---|
| Number of Recruiters | 50+ | 110+ |
| Total number of students | 69 | 212 |
| Highest CTC | INR 25.8 LPA | INR 25.21 LPA |
| Average CTC | INR 16.8 LPA | INR 14.63 LPA |
| Median CTC | INR 18 LPA | INR 13.54 LPA |
| Top Recruiters | Deloitte, EY, Paytm, ICICI Bank, Vedanta, Infosys, etc. | Accenture, Cognizant, Dell, Deloitte, Genpact, and others. |
IIT Roorkee offers good placements, but more than that, it provides a rich academic environment to its students. The students of DoMS don’t just interact with each other, but also with the students of other departments like engineering. This enhances their understanding of things, and helps in the exchange of diverse perspectives.
IIT Roorkee is much older to IIM Amritsar, which is why it offers a rich alumni network and a strong brand name.
Because of these reasons, I would recommend you choose IIT Roorkee over IIM Amritsar for an MBA.
I have been selected by Globsyn Business School for their MBA program. Please advise is it worth taking admission there?
Which course should I choose between IIML ABM, SPJAIN IM and IIM Shillong PGP?
No matter which B School you choose, PGP is always a better choice than ABM. But there might be a specific reason why you got an ABM offer rather than a PGP. But at IIM Lucknow, students of both programs are offered equal opportunities. These include final placements. summer placements and subsequent PPOs.
The major drawback of ABM is that you are deprived of the PGP electives and can cover ABM electives only. These electives cover strategy marketing and operations.
Talking about your offer from SP JAIN for IM, let me tell you that in this regard, IIM Shillong is a much better choice. Its campus in Dubai is a testament to its worth.
How is IIT Delhi MBA compared to IIM Trichy and Ranchi?
My friend recently joined DMS, IIT Delhi to pursue MBA despite getting calls from almost all the new IIMs. She based her decision on the following factors
ROI: I think this is an underestimated factor people don’t stress enough. When you are comparing colleges on the same wavelength, it’s the ROI that can make the difference prominent. Apparently DMS, IIT Delhi enjoys an ROI of 180%.
Placements: DMS has great placement opportunities. The stats below prove it
|
Particulars |
Statistics |
|
Placement Percentage |
100% |
|
Highest CTC |
INR. 36.70 LPA |
|
Average CTC |
INR 21.90 LPA |
|
Median CTC |
INR 20.60 LPA |
|
Top Industry |
Sales & Marketing, Strategy & Consulting |
|
Top Companies |
Rockwell Automation, Texas Instruments, ICICI, Optum, Medtronic, GE Healthcare |
The placements for the Operations and Supply Chain accounted for 17.3%. The highest number of students had work experience in the Information Technology industry followed by the Supply Chain & Operations industry.
Ranking: DMS, IIT Delhi is ranked 5 in the NIRF ranking and also ranks higher than all new IIMs in
most of the CAT coaching institute rankings. It has a rich research culture giving it the 3 positions in the QS world rankings.
Batch size: DMS has an average batch size thereby increasing the scope of interaction. It also enjoys location advantages, not making it difficult for big industries to visit the campus for recruitment.
Which is the best option among these; an MBA at Christ, development studies at TISS, an MBA at ICFAI Hyderabad, or rural management at XIMB?
I am a second year MBA student at Christ University Bangalore. I can only tell you about my university.
In all honesty, the campus life of Christ is pretty hectic. The senior students conduct personality development programs for freshers, right after they join the university. After this, the committee selection process starts.
The students have to strike a balance between fest/event management, placements, internships on the one hand, and huge academic load on the other. But with time, they learn to manage everything well.
For MBA students, Christ is known to provide top placements in the Marketing sector. The students receive plenty of placement opportunities in sales, and few opportunities in core marketing, media & advertising, and digital marketing as well.
Christ has a good reputation and a strong alumni network for those who wish to work in the Sales and Marketing sector after their MBA.
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