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How should a software engineer prepare for SPJIMR interview for MBA in Finance?

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Shouvik Bhattacharya Posted On : March 10th, 2023
Post Graduate Diploma in PGPM, S P Jain Institute of Management and Research, S. P. Jain Institute of Management and Research (SPJIMR) (Graduated 2020)

Preparing for an interview can be a hefty task if not done in the right way without the right set of knowledge. So here I am with a few tips that will upscale your interview preparation 

  • Identify your unique skills and USP. Present a logical stance as to why you are a better candidate than others and can contribute to classroom learning.
  • Present a passionate claim of how Finance is your go-to specialization and how you are most suited for it.
  • You should have made attempts to understand Finance in the past through online courses or interaction with people in the industry
  • Get important knowledge about the industry and its key persons
  • Answer the Why MBA part genuinely and don’t sugarcoat or bluff
  • Present both your short-term and long-term goals after completing your MBA and make sure they are realistic
  • Try to listen to others' opinions too during the interview 
  • Support your claims with plausible examples or life experiences to create more impact 
  • Approach the answers wisely 
  • Respect all the other members and give everyone a chance to speak 

Lastly, don't let your anxiety get the better of you.

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How is IBS Hyderabad for MBA co-curricular, extra curriculum, campus life, and environment?

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Shubham Gupta Posted On : February 28th, 2023
Studied at ICFAI Business School, Hyderabad

In pursuing an MBA at IBS Hyderabad, a case-based study methodology is utilized for teaching. The professor will provide a case for every class, and students must prepare for the case by reviewing relevant chapters and linking the concepts to the practical example discussed in the case. During class, the professor will manage the discussions on the case and students will present their viewpoints, which may be accepted or countered by the professor. The professor will guide the discussions to ensure the correct understanding of concepts is reached. In some instances, concepts will be taught by the professor. However, the college encourages self-study and does not spoon-feed the students.

A wide range of student clubs is available on campus, covering various fields. Each club is managed by students with a professor acting as a mentor. The clubs are responsible for conducting various activities such as quizzes, treasure hunts, guest lectures, movie screenings, sports competitions, and more. These clubs provide students with exposure to event management.

Annual events include a festival in January, where all clubs are responsible for preparing different events, and an annual sports fest organized by the sports club, where students from different colleges participate.

IBS Hyderabad offers a vibrant campus life with facilities such as a resort-like environment, two food messes, two cafeterias, an all-night cafeteria, and a well-equipped gym. The clubs schedule events during weekends and the college have a bus service to the city. On weekdays, buses run only in the evenings while on weekends they run throughout the day. Food festivals are regularly organized in the food messes, and there are many small dhabas and restaurants near the campus to cater to students' taste buds.

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Should I pursue my MBA in Canada from a mediocre university (like McMaster or UBC), or should I get into a new IIM (Shillong, Udaipur, etc.) in India if I ultimately want to settle down in Canada?

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Pinaka Dasgupta Posted On : January 16th, 2023
B Tech in Computer Engineering, Terna Engineering College (Graduated 2022)

If you have already decided to settle abroad, investing your time and money in the new IIMs is useless. You should start looking for the top B Schools in your preferred country. Moreover, the IIMs, even the older ones, have a non-existent international scope. 

So why invest so much money in something that will not improve your chances of settling abroad? To make it easier I have listed a few Canadian Business Schools that are the most preferred ones.

  1. University of Toronto
  2. University of Western Ontario
  3. York University
  4. University of British Columbia
  5. McMaster University

It’s amazing that you have been shortlisted for 2 of these amazing universities. I suggest you go for them instead of IIMs.

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Is it worth going to NMIMS Hyderabad for MBA (with regard to ROI)? Is dropping this year and appearing for the CAT next year a better option?

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Rita Somani Posted On : July 22nd, 2022
Studied Marketing at Narsee Monjee Institute of Management Studies, Mumbai (2015)

NMIMS Mumbai is the best campus. It offers excellent placements. NMIMS Mumbai placements 2022 had witnessed the highest CTC of INR 57.65 LPA. If you can afford to drop a year, prepare rigorously for CAT and other entrances such as NMAT, XAT, IIFT, etc. It is the best option. 

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Which one is better for an MBA fresher, DoMS IIT Madras or IIM Amritsar?

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Admin Posted On : July 1st, 2024

The Department of Management Studies (DoMS) of IIT Madras was established in 2004 (and IITM has been delivering MBA studies since 2001). On the other hand, IIM Amritsar was established on July 27, 2015. IIT Madras is the first IIT to open its doors to enthusiasts from streams other than engineering. These degrees include- MBA, B.A., B.Sc., B.Com., etc. 

Given below are some factors by which you can analyze which is better for an MBA as a fresher:

Particulars MBA at IIT Madras MBA at IIM Amritsar
Specializations Finance, HR&B, Information Systems, Integrative Management, Marketing, and Operations. General MBA 
Curriculum 1st Year: Data Analytics, Basics of Accounting, Spreadsheet Modelling, Financial Accounting, Marketing Management I, Operations Management, etc.
2nd Year: Business Models, Contemporary Issues in Management, Behavioural Lab etc.
First Year: basic Financial Accounting, Management Accounting, Business Research Methods, Corporate Finance, Fundamentals of Marketing, Fundamentals of Operations Management etc.
2nd Year: Investment Analysis & Portfolio Management, Entrepreneurship and New Venture Management, Strategic Consulting, Design Thinking & Innovation, Financial Modeling.
Total Fee  INR 17 lakhs. INR 12 Lakhs
Placement  Highest CTC: INR 29.65 LPA
Average CTC: INR 16.93 LPA
Highest CTC: INR 20.57 LPA.
Average CTC: INR 16.51 LPA

I would suggest you choose DoMS, IIT Madras over IIM Amritsar since the former has a legacy and a stronger industry connection. IIM Amritsar has just stepped into this race. Moreover, IIT Madras offers a wide range of specializations in its MBA program. 

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What is better at IMT Ghaziabad PGDM or PGDM DCP?

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Shalini Verma Posted On : June 2nd, 2023
Studied at Institute of Management Technology, Ghaziabad

Both programs have their own advantages and disadvantages so the answer would largely depend on what you want from your MBA. The DCP program of IMT Ghaziabad is a very unique course where students get to study at a partner (foreign) B-School and have a compulsory international immersion program. In terms of placements opportunity, I don’t believe they are doing anything exceptional as regards to the fee they are charging for this partcilaur course but if you want to explore universities abroad you could definitely join IMT for their DCP program. 

Their flagship PGDM program is a 2 years full-time residential program where you will have to choose your elective at the start of your second year and you’ll also be given a chance to fill out the application for the student exchange program. PGDM should be your obvious choice if you’re given both option and you’re not adamant about living in Dubai.

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Should I join IIM Lucknow for a PGP now offer in hand or wait and go for a one-year MBA program? My work experience is 45 months with decent academics.

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Sheel Saurabh Balley Posted On : January 16th, 2023
Studied at Indian Institute of Management Lucknow

If IIM Lucknow doesn't hire you for positions that are relevant to your experience in a 2-year program, it will be harder for you to land the desired positions (though there are exceptions).

The one-year MBA is designed for students with more than five years of experience and offers many benefits, including a balanced and diverse cohort from which you can learn from their past failures and successes. The placement scene for a 5-year-old male would be highly subjective (depending on your past experience, past brand name, etc.) People with less than six years of experience have been offered AVP positions in reputable MNCs. Therefore, it is dependent upon what you bring to the table.

Furthermore, because the 2-year course is 34/35 years old, industry acceptance is much higher than for the 1-year course, which is now in its 13th year.

Before making a decision, weigh your options and speak with as many alumni as possible.

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How is Kalinga University Raipur for an MBA?

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Kanika Chatterjee Posted On : October 26th, 2021
B.Tech Computer Science from Kalinga University Raipur

I have a few friends who graduated from Kalinga University Raipur and according to them, it is a decent option for pursuing an MBA. 

  • The faculty of the university is great. They are well-qualified and cooperative.
  • It has a good infrastructure. Students get facilities such as a well-stocked library, good hostel facilities, wi-fi campus, gym, canteen, mess, food zone, etc.
  • The sports facilities on campus are also quite great.
  • Kalinga University has maintained a decent placement record over the years. In the recent campus drive, the average CTC offered at the institute was 2.30 LPA and the highest CTC was 10 LPA. 
  • As a student of Kalinga University Raipur, you will have exposure to companies like Reliance Jio, Nestle, NIBF, Genpact, etc. 
  • They also offer parchment training to help you improve your skills. 

So, overall Kalinga University Raipur is a good option for pursuing your MBA.

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Which is better TAPMI OR IMT-DCP Gaziabad for PGDM MBA?

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Sheryas Kasture Posted On : April 29th, 2023
Studied at IMT Ghaziabad

IMT Ghaziabad is a better option than TAPMI for PGDM MBA because it has better infrastructure and placement opportunities. The faculty strength is also good, with experienced and well-exposed faculty members.
You can check the following table to analyse the same:

Factors

IMT-DCP Ghaziabad

TAPMI

Establishment

1980

1980

Ranking (NIRF)

44

38

Course Fees

INR 19,02,000

INR 16,50,000

Average Placement Salary

17.35 LPA

15.7 LPA

Top Recruiters

Gartner, HMC, Bajaj, HUL, Godrej etc.

Accenture, AB Inbev, Capgemini, HCL, Cognizant etc.

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Can I switch from manufacturing to finance after an MBA from colleges such as XIMB, IMT, etc.?

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Jhilmil Sinha Posted On : February 23rd, 2023
MBA-IB Student FMS BHU

It is possible for you to switch your specialization from operations to finance while pursuing an MBA. It's not uncommon to see students with a similar background to yours who have chosen finance as a specialization and have gone on to be successful. The key to making this switch is being able to effectively justify your decision. You can express that you have a solid understanding of operations, but that finance is now of greater interest to you. Additionally, you can explain that you don't want to limit yourself to just one area of expertise and that studying finance will help you become a more well-rounded manager. You can use the phrase "Jack of all trades, master of none" to emphasize that you want to have a broad range of knowledge and skills.

It is worth noting that pursuing Chartered Financial Analyst (CFA) along with MBA may be challenging. However, it depends on your personal preference and circumstances.

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