As soon as you set out for your PGDM, you should be mentally prepared to face the two most challenging years of your student life.
The more you make use of the available resources, the easier it will be for you to get placed. Try to ask questions and seek guidance from your professors, who are there to aid your growth.
ITM Navi Mumbai has a big advantage. It has a 5-month internship period that begins during the 2nd semester. Those who get these internships are sorted there and then. This is because they usually end up with PPOs. Many of these interns receive early joining and start a job towards the middle of, or sometimes, even before the 4th semester.
Those who are left, get an opportunity during the placement drive.
Here are the highlights of the 2022 placement drive, for PGDM finance at ITM Navi Mumbai. The highest package of 14 LPA was offered while the average salary was 8 LPA
During the placements 2022, the list of top recruiters consisted of- Amazon, Deloitte, LG, Reliance Digital, Kotak Mahindra Bank, ICICI Securities, HDFC Bank, TNS, JP Morgan, Shoppers Stop, American Express, ITC Hotels, Flipkart, VOLTAS, and AON.
These are the 2022 placement figures for PGDM Finance from ITM Navi Mumbai.
If you are planning to enter the Finance domain, IIM Shillong is a good choice. It has a certain level of specialization in the domain. This can be proved through the following points
Faculty: IIM Shillong boasts of a highly experienced and learned faculty.
Growth: Despite it being a new IIM, it has established its position in the IIM family. It has been growing at a fast pace making it possible for big firms to visit the campus for recruitment.
Curriculum: The curriculum is very flexible and you are allowed to choose electives from a wide range. Also, the courses are at par with the changing industry.
Achievements: The worth of IIM Shillong can be proved through the various National Level competitions it has won so far. From Top Corporates like Nomura, HSBC etc, or from academia like GIRC and various B-schools competitions as well.
BIMTECH gr noida is a good institute that provides its students with a good academic environment with some best professors who have rich knowledge and experience is better than IBS Hyderabad. BIMTECH's placements and CAT percentile to get in are better than IBS Hyderabad. The CAT percentile required to get into IBS Hyderabad is 60-65 percentile while placements at BIMTECH (BIMTECH average package 2023 is INR 11.25 LPA) are better. Thus, you should consider what you think is most convenient and is more promising to you.
The placement scenario at SCMHRD for finance is pretty decent.
From the above-mentioned management institutes, TAPMI and IMT-G are good for Finance. Given below is a brief comparison of the three institutes.
Criteria |
TAPMI |
IMT-G |
KJ Somaiya |
Course type |
PGDM |
PGDM |
MBA |
Accreditation |
AICTE, AMBA, AIU |
AICTE, NBA |
NBA, UGC, AIU |
Total course fee |
14.3 lakhs |
17.50 lakhs |
14.93 lakhs |
CAT cutoff |
80 |
90 |
86 |
No.of seats |
60 |
60 |
60 |
Average salary package (per annum) |
12.7 lakhs |
13.16 lakhs |
10.08 lakhs |
Recruiters |
Accenture, Amul, HDFC, Citi Bank, HCL, Deloitte, KPMG, etc. |
Aditya Birla, Airtel, ITC limited, Bisleri, Amazon HDFC, etc. |
Citi Bank, Alliance tire group, Dell, Cisco Systems, CROPA, etc. |
TAPMI offers excellent infrastructure for Finance. There is a separate laboratory that provides real-life hands-on experience. It also offers good core placement in the finance sector due to its close proximity to Mumbai. IMT-G considered having the best facility and better faculty profile than any of the good B-Schools in India. Also, IMT-G has a better placement record than TAPMI and KJ Somaiya.
The placement record at three of these management institutes is quite impressive and especially at IMT, they offer an average salary of up to 13.16 lakhs per annum whereas in TAPMI the average CTC is about 12.7 lakhs p.a. KJ Somaiya provides an average salary package up to 10.08 lakhs p.a.
IIM Ahmedabad, IIM Bangalore, and IIM Calcutta, all three are good choices for Finance and Consulting roles. If you get a single convert from among the three, you should grab the opportunity at the earliest.
If you have more than one convert, you should choose the institution that best suits you. You can decide based on location and other such factors. All three are at par for finance. Even IIM Lucknow is doing well and has a strong alumni base now.
Thus, you can go for any of the three IIMs for finance as all are top-ranked institutions.
NMIMS MBA in Finance is widely renowned and is among the most coveted course. NMIMS Mumbai in itself is a brand well known for MBA with Finance being its specialization. After Finance it’s Marketing that has been doing well these days and HR is also growing at a steady pace. Yet, one has to admit that it’s Finance companies that offer the highest packages at NMIMS. NMIMS Mumbai comes right after JBIMS and SPJIMR.
NMIMS MBA placements for the Finance sector have been tabulated below
Company |
Role |
Number of students |
CTC |
IDFC First Bank |
Product, Sales, Operations, Analytics |
16 |
19-22 |
Credit Suisse |
Investment Banking |
4 |
17-21 |
CRISIL |
Equity Research, MT, Consultant |
13 |
14-16 |
Goldman Sachs |
IB, Equity Research, Risk |
16 |
13-25 |
Many other top companies visited the NMIMS campus for Finance placements. For a clearer pro tire contact an alumni.
For Core MBA, NMIMS is ranked around 20-25 and for Finance around 10-15. NMIMS Mumbai is a decent option in case you couldn’t make it into JBIMS, IIMC, FMS, XL, SPJIMR or MDI.
It is advised that you not rely on overly optimistic answers from admission consultants, enthusiastic alumni, or overpaid faculty regarding the opportunities for Chartered Accountants/ Finance Professionals at (ISB (PGP) Hyderabad.
Companies such as CRISIL, Dell, HSBC, ICICI Bank, JP Morgan Chase & Co.Marsh, and TresVista visit NMIMS, Bengaluru for finance. The roles that were offered are Associate, Senior Associate, Research and Investment Service, Business Development, Financial Analysts and Senior Analyst, Relationship Manager-Business Banking, Consultants, and Business Consultants.
IMT is a well-established college and comparing it to a mediocre college like TAPMI is not justifiable. Of the two, IMT Ghaziabad is clearly a better choice. To explain further I have compared both these institutes on the basis of some parameters like
Particulars |
IMT Ghaziabad |
TAPMI |
Number of recruiters |
130+ |
21 |
Highest CTC |
INR 62 LPA |
INR 22.3 LPA |
Average CTC |
INR 15.28 LPA |
INR 15.7 LPA |
Top Recruiters |
Morgan Stanley, BCG, Accenture Consulting, Goldman Sachs, Google, Infosys Consulting, Emami International, TATA Consumer Product |
EY, HDFC Bank, HSBC Bank, Tata Capital |
From the table you can easily infer that the placement scenario is far better at IMT Ghaziabad than TAPMI. In fact in almost all aspects IMT Ghaziabad is way ahead so it’s definitely a better choice than TAPMI.