Of the 2 options, I will recommend you to go for JBIMS Mumbai. I have various reasons to support my opinion. The most important ones have been listed below
Quality of education: Owing to its location, JBIMS attracts many eminent faculty from the industry to the campus apart from the general guest lectures. Some of these big names include
Placements: The quality of placements at JBIMS is excellent with many big firms visiting the campus. Some of the big names in respective domains are
Industrial Touch: With its splendid location, JBIMS enjoys strong interference with industries. These industries give live projects to the students that provide top-notch learning opportunities. The campus is within walking distance from big shots like HDFC, HUL office, ICICI, BCG, and McKinsey.
Competitions: The students at JBIMS have made their names by participating in National Competitions like HUL LIME, P&G Dream Team, JP Morgan - The Deal, Nomura Investment Banking Case Study Contest, and PepsiCo BIAC.
Alumni base: JBIMS has an elaborate alumni base and has been nicknamed the CEO factory owing to the huge number of CEOs it has given birth to. Some of the most famous ones are
JBIMS is in the vicinity of Marine drive and other places of socialization. The hostel is just five minutes away. Overall the campus and the institute, in general, seem promising and you won’t regret your decision of joining it.
While many may shed their philosophies on how getting a high package should not be your ultimate goal and stuff, I am here with a different opinion. When you are investing a huge amount of money it is only right to expect a greater monetary benefit and a better lifestyle. So I have mentioned some techniques that will help you land a package of 30 LPA specifically in the field of marketing post-MBA from IIM ABC, FMS, MDI, SPJIMR, and IIFT.
These points will help you get your dream job but cannot necessarily guarantee it. It all ultimately depends on your efforts and obviously your luck.
One can easily compensate for poor past academics by scoring extraordinarily well in CAT. Anything below 99 is not acceptable if your past academics are already below average. Moreover, MDI does not give much importance to past academics while shortlisting candidates. They give maximum preference to CAT scores. From what I heard, the interviews are very informal and friendly. Not many formal questions are asked so one can be their true self inside and portray their talents.
However, you should be able to justify your low scores in the later stage.
So focus solely on your CAT preparation with MDI as your target.
Some of the famous alumni of MDI include:
The question of ragging in colleges, particularly in reputed institutions like IIM, XLRI, and MDI, is often depicted in a negative light in films and media. However, in reality, the situation is not as dire as it is portrayed. While it may be true that ragging is more prevalent in lower-ranked colleges, reputed institutions have strict policies and regulations in place to prevent such behavior.
Reputed colleges are known for their rigorous curriculum and strict deadlines, leaving little time for students to engage in extracurricular activities. In the first few weeks, the workload may not seem as intense, but as the course progresses, students will find themselves with very little free time to interact with their peers. Some colleges even schedule classes in the evening, making it even more challenging to balance academics and social life.
The rigorous academic environment in these institutions is intended to prepare students for the stress and pressures of the workplace. Assignments are often given with strict deadlines, which may sometimes be at odd hours, and the workload is high throughout the program. This means that seniors may not have enough time to interact with junior students.
In summary, it is important to approach the topic of ragging with a realistic understanding. While it may occur in some form, it is unlikely to be as severe as it is often portrayed in films and media. Rest assured that prestigious institutes have strict policies in place to prevent such behavior and neither students nor the institutions want to take unnecessary risks. It is also important to keep in mind that seniors can be valuable resources in both academic and professional life.
To get admission into Management Development Institute (MDI), the first step is to take the Common Admission Test (CAT) exam. You are eligible to write CAT if you have a recognized bachelor's degree (or professional degree like CA, CS, or ICWA) and have scored an aggregate of 50% (45% for SC/ST and PWD students). Even students in their final year of a bachelor's degree can write the CAT exam.
The admission process at MDI consists of two stages. In the first stage, candidates are shortlisted for interviews based on their CAT score. In the second stage, a Personal Interview (PI) is conducted, and the final selection list is made based on the CAT percentile, Personal Interview, and Application score, which includes X, XII, Academic Diversity, Gender Diversity, and Work Experience.
The weightage for the CAT score in the final selection is 55%, which means a good CAT score boosts the chances of getting selected for the MBA program at MDI. To help you prepare for CAT, MDI offers free resources that can help you understand their pedagogy better, such as three free CAT mocks, one test on each topic (VARC, DILR, Quant) every day, the formula PDFs for all Quant topics for CAT, around 25 solved previous papers of CAT, and a CAT Percentile Predictor.
If you are aspiring to get into MDI, it is important to score well in CAT and prepare well for the Personal Interview.
IIML is clearly superior to MDI in non-marketing specializations in terms of placement. However, IIM I, K, and MDI are generally equal in terms of placements, except for a few banks that specifically seek out the IIM tag at I&K. If you work equally hard at either campus and all other operational factors are constant, you will likely end up in a similar position whether you choose MDI or I or K. However, as mentioned before, IIML still has the edge and requires more effort if you're in the finance or consulting field.
If you're interested in MDI, it's worth noting that recent placement reports show more and more prestigious finance and consulting companies are visiting the campus. This has helped MDI deliver well-rounded placements. So, if you're willing to put in the work, MDI could be a good option for you.
MDI, located in Gurgaon, continues to grow due to its academic focus and infrastructure. Here are some things that make MDI special:
There are 75 full-time faculty members at MDI Gurgaon, and over 80% of them have either a Ph.D. or an MBA from a top institute. Many of the faculty members have established their expertise in specific research areas.
MDI is situated on a beautiful campus that is 12 km from the International Airport in Delhi. The 40-acre campus is located in the corporate hub of India, providing a unique experience of a creative environment amidst industry action.
MDI is one of the largest schools in India for the training and development of managers. Over 68,000 managers have been trained over 39 years. The institute runs over 100 specifically designed executive development programs each year for top-level, middle-level, and senior-level managers of different organizations.
MDI was the first Indian business school and the second in Asia to be accredited by AMBA. The institute has been accredited regionally and nationally, making it the first Indian B-School to get Triple Crown accreditation. The student exchange program has evolved into an entire gamut of academic exchange that includes dual degree programs, faculty exchange, research collaboration, development of academic materials, etc.
MDI plays host to a bevy of industry leaders who engage with the students by means of guest lectures and workshops.
To be considered for admission to MDI, candidates must have 50% marks or an equivalent CGPA in both X and XII. They must also have a Bachelor’s Degree of a minimum 3 years duration with at least 50% marks or equivalent CGPA in any discipline from any University incorporated by an Act of the Central or State Legislature in India or other educational institutions. Initial shortlisting is based purely on the basis of CAT score, academic profile, work experience, etc.
The MDI Gurgaon admission process involves several steps, including applying and scoring the minimum required percentile in CAT, registering and applying for admission to MDI Gurgaon, short-listing for GD-PI-WAT Round, entering the order of program preference for PGPM/PGP-IM/PGP-HRM, and receiving final admission offers based on a diverse set of attributes.
Actually, there is no such thing as academic weightage in FMS, but MDI gives academics weightage. To get a call from MDI, you must score higher than 98.2x for FMS and 95.5x percentile.
FMS is part of Delhi University, and its tuition is significantly lower than that of MDI. FMS fees are around 20-21k, whereas MDI fees are around 28 lakhs, which is much higher than FMS. FMS and MDI both give sectional cutoff weightage. If your academics are strong, it will benefit MDI, but FMS does not give academics weightage.GDPI considers extracurricular activities, work experience, and any other achievement.
MDI Gurgaon has been consistently ranked amongst the best B Schools in India and has become one of the most coveted B Schools in India. MDI Gurgaon maintains a good placement record over years. The institute has recently released the final report of the 2022 placement drive. According to the report, there was an increase of 12.57% in the average salary. The top 50% average salary stood at INR 32.2 LPA. The highest salary offered was INR 1.14 CPA which increased by about 159% as compared to the previous year. The median salary stood at INR 23.50 LPA.
This year saw a considerable increase in the number of companies offering profiles to students in the Finance domain. Some companies that offered Investment Banking roles are
Niche roles were offered by Private Equity firms such as
With so many big names from the Finance sector visiting the campus we can deem MDI Gurgaon as quite a good choice for specialization in Finance.