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Which one would be a better option: a job under SSC or MBA from SIBM Bangalore?
Staff Selection Commission (SSC) will land you in a government job. There are different departments in SSC where you can get placed. Whereas, MBA from SIBM Bangalore will weave you to be corporate ready and land you in a private white-collar job.
Choice
- If you want to be at a work-life equilibrium and a fixed-paying job, cracking the SSC exam makes sense. SSC provides you with job security.
- If you want to earn a lucrative package and are ready to have a hectic life with variable work hours, MBA is the best choice. SIBM Bangalore is the second well-known and high-rated campus of Symbiosis International University after SIBM Pune.
- SSC will cost you less, but competition is high due to the “Government job” tag.
|
Career |
Fee |
|
MBA from SIBM Bangalore |
INR 16.20 Lakhs |
|
SSC |
The application fee is less than INR 1000. Reserved candidates get exemption in this fee. The coaching fee will cost under INR 1 Lakh. |
If you have already cleared SSC Tier-1 and Tier-2 exams, leaving SSC will not be a wise choice. SSC is a preferable choice over MBA from SIBM Bangalore. The reason is, MBA from SIBM Bangalore does not have much credibility in the industry.
Is MBA waste of time?
Pursuing an MBA is certainly not a waste of time in fact it is considered as an investment due to the salary packages offered to MBA graduates by top companies early in their career. The average starting salary package of an MBA graduate ranges from 12-15 LPA and the highest being 20-40 LPA depending on the company and the position you are hired in.
Placement Scenario
An MBA degree takes precedence over any other postgraduate degree.
- MBA has a 100% placement record.
- The highest salary package offered is 20-40 LPA.
- The average salary package offered is 12-15 LPA.
- Top companies like Deloitte, Morgan Stanley, Nestle, Asian Paints, Saint Gobain, Wipro, Berger Paints, Phillips, McKinsey and Company, HSBC, Yes Bank, etc. hire MBA graduates.
Return on Investment (ROI)
MBA also being a costly course provides a good Return On Investment (ROI).
- The efficiency of an investment is determined by the measurement and comparison of the ROI.
- The MBA course graduates can get higher salary packages offered to them.
- They get a raise or hike in 10 years considering the long term salary projections.
- Students opting for an Executive MBA are working and are in the process of pursuing the degree, so the salary earned will also be included when calculating ROI, making it a profitable subject.
- The highest salary package offered to MBA graduates can rise from 48 LPA to 70 LPA in India.
Thus, pursuing MBA is not a waste of money or time if you invest your dedication in it well. To achieve something big one has to go through a number of steps before reaching their destination. In pursuing MBA also students have to be focussed and determined to complete their degree for better career prospects or opportunities. It helps one to learn how to organise themselves and synchronize it with the roles and responsibilities.
Will you recommend studying from IIM Ahmedabad (PGPM) for 2 years at the age of 32?
Pursuing a PGPM (Post Graduate Program in Management) from IIM Ahmedabad at the age of 32 is a good choice depending on your individual circumstances, career goals, and personal aspirations. Here are some factors to consider:
- Career Goals: If you’re from the marketing or management field the PGPM program will help you advance in your current field or transition to a new one.
- Work Experience: Your 10 years of work experience can be an asset in the classroom, providing valuable insights and perspectives. It can also contribute to your networking opportunities.
- Ranking & accreditation: It is the topmost management school in India according to the NIRF report 2023. It has ranked #1 among all top management colleges in India. Since 2010, the IIM Ahmedabad has received global accreditation from the EFMD Quality Improvement System (EQUIS). It provides certified management courses in various specializations.
- Career advancement: IIMs provide 100% placement, IIM Ahmedabad offers an average salary of INR 31 LPA in their campus placement. The highest packages are about 1 crore. There are several prestigious employers, including PepsiCo, Nestlé, Bayer, Olam, Yes Bank, Amul, UPL, FMC, Zepto, Iff, Licious, and Udaan. IIM Students can draw inspiration from outstanding leaders like Ajay Banga, who is presently the CEO of Mastercard and has also been nominated to run the World Bank. The alumni network is also quite strong.
It's important to note that many individuals pursue an MBA at various stages of their careers, including their 30s and 40s. Age alone should not deter you if you have clear goals and a strong motivation to pursue higher education. Ultimately, the choice to pursue an MBA from IIM Ahmedabad or any other institution should align with your unique circumstances and career aspirations. Consulting with career advisors, mentors, and individuals who have gone through a similar decision-making process can also provide valuable insights.
Is it preferable and possible to do a CFA along with an MBA in Finance if I take admission in IIM Bodh Gaya?
It is possible to pursue the Chartered Financial Analyst (CFA) certification in conjunction with an MBA degree from IIM Bodh Gaya, as well as other certifications such as Financial Risk Manager (FRM), Financial Modeling and Valuation Analyst (FMVA), Certified Business Continuity Analyst (CBCA), Certified Market Surveillance Analyst (CMSA), National Institute of Securities Markets (NISM), and National Stock Exchange's Certification in Financial Markets (NCFM).
Whether or not it is preferable to pursue the CFA certification alongside an MBA in Finance is a matter of personal preference. Like other IIMs, IIM Bodh Gaya has a rigorous curriculum and pedagogy. If you are able to make time outside of committee and club activities and studies and are willing to sacrifice some sleep, pursuing these certifications can greatly enhance your resume and increase your marketability in the job market. However, it is also a high-risk, high-reward decision. Even if you do not pursue these certifications, IIM Bodh Gaya will still provide you with attractive job offers if you put in the effort.
How is ITM group of institution for PGDM? Which branch is better? Is it worth applying?
The ITM Group of institutions is a great choice to pursue PGDM. The institute has a diverse population with a unique and exceptional learning experience. One of my friends is studying there and she doesn’t regret her decision at all.
Have a look at some key highlights about the IMT group of institutions as experienced by my friend and her batchmates.
- ITM has a total of 5 campuses all over India, the main campus being in Navi Mumbai.
- The institute has full-time faculty who are experienced and cooperative.
- You will often be visited by several guest faculties too who provide you with global knowledge.
- The facilities and opportunities are top-notch, providing you a lush green campus and foreign tours for maximum exposure.
ITM has the vision of emerging as a global leader in professional education by imparting education with global standards. That’s why there is a huge emphasis on global partnerships. Some of their major global tie-ups include - Southern New Hampshire University, USA; Queen Margaret University, UK; East Asia Institute of Management, Singapore; Georgia State University, USA, etc.
If sales are your major interest, go for ITM without a second thought. However, if you are looking forward to core finance and HR operations, you might need to look for other options. This is because the fee structure is quite expensive and you do not want to have an uncertain job profile after investing a huge sum of money.
Which is better, bootcamp or an MBA from new IIM (Udaipur, Trichy) to switch to data analytics? I have a 3 years work experience as a QA engineer.
I will give you an insight into both the options you mentioned, i.eMBA from IIM or Bootcamp.
Bootcamp: If you are very passionate about Data Analytics then Bootcamp is the best option for you. I deem this course better than an MBA from B School as a B School covers various arenas of Management while Bootcamp solely focuses on what you are looking for. Moreover, you will end up paying hefty fees and will have to pay loans for years. It provided a detailed approach to Data Analytics and you don’t have to study irrelevant topics
B School: B schools like the new IIMs are good for people who are not certain of their career interests. In that case, B-school would teach you much more than Data Analytics, and then you can pursue the field you excel in or are most passionate about. The excellent pedagogy of IIMs enables you to inculcate skills like handling a project, building a workforce, execution, etc. Basically, you are groomed on an overall basis and get industry exposure as well.
I have seen many people pursuing MBA and also online courses that offer Certification in Data Analytics specifically. So that is also a viable option for you.
Is HPU Shimla better for an MBA course?
The college is overall good and even better for the MBA course. Here are some facts and stats for your reference that will help you make a decision.
Placements:
- Almost 50% of the students were placed internally, and 20 to 30% of the students got outside campus placements.
- Approximately 80% of placements were placed in college. The salary package offered ranged from INR 2.5 to 12 LPA.
- Wipro and Infosys are the top recruiting companies of the college.
Facilities:
- There are free Wi-Fi facilities with fast connection speed.
- All the labs are well-equipped, and classrooms are well-furnished along with smart classes.
- The library is also well-maintained and contains all the necessary materials related to other courses also.
- Medical facilities are good. A regular dispensary on the university campus is available.
- The food served in the mess is also good at affordable prices.
- All the outdoor and indoor sports are available in the college.
So, HPU Shimla is definitely a great choice to pursue an MBA degree.
What is the best choice for distance learning PGDM, NMIMS or Symbiosis?
Symbiosis is one of the prominently known universities for full-time PGDM whereas, NMIMS is the university best for distance learning PGDM. One of my friends is studying at NMIMS and his overall experience of this college was nice.
Symbiosis provides a degree from SCDL and it isn’t recognized by any government board. Whereas, NMIMS is recognized by UGC and NAAC.
NMIMS has a proper examination center plus information centers. On the other hand, Symbiosis doesn’t have any information center.
NMIMS also provides great help to students with the following.
- Online lectures with Live recordings.
- Course books with extra materials to read or reference materials.
- Books and access to e-resources from Digital libraries.
- Assignments, Mock Tests, and Model answers.
- Research databases, eBooks databases, and electronic journals.
Hence, NMIMS is a better choice for distance learning than Symbiosis.
What is a better choice for an MBA, IMT Hyderabad or BIMTECH Greater Noida?
If you're considering pursuing management studies at either IMT Hyderabad or BIMTECH, it's important to understand the differences between the two institutes. Here are some key points to keep in mind:
- Brand Value: IMT Hyderabad is a part of the prestigious IMT group, which gives it an advantage in terms of brand value. However, it's worth noting that IMT Hyderabad is still a relatively new institute and its curriculum is evolving.
- Faculty, Exposure, and Alumni Base: BIMTECH has a sizable alumni base and offers students well-rounded exposure to management studies. In terms of faculty, exposure, and alumni base, IMT-H may take a few years to reach the level of BIMTECH.
- Campus Life: BIMTECH has a unique campus culture that focuses on students' character development and grooming, aided by structured campus life. The institute has strict dress regulations in place, as well as separate hostels for boys and girls. Additionally, a variety of extracurricular activities are organized and administered by the students.
- Job Placement: BIMTECH assists with job placement and provides access to Management Career Fairs. The institute's Corporate Communications and Relations team also provides a thorough explanation of the highest and lowest wages provided during placement. Additionally, professionals conduct mock interviews and provide personalized assistance with resume writing. More than 300 hiring partners are available.
- Lateral Hiring Opportunities: After the end of the internship, BIMTECH offers lateral hiring opportunities, which include positions as senior Assistant Manager, or even Manager. Students are given the opportunity to visit various companies and communicate with recruiters.
- Salary Packages: BIMTECH has a better-than-average placement rate, with salaries ranging from almost 6 to 7 lakhs per year. However, some students receive fantastic packages worth more than ten lakhs, depending on their abilities.
In conclusion, while IMT Hyderabad has the advantage of being a part of the prestigious IMT group, BIMTECH offers students a well-rounded exposure to management studies, a unique campus culture, and a strong alumni base. Ultimately, the choice between the two institutes will depend on your personal preferences and career goals.
Which MBA degrees do JBIMS and SIMSREE offer?
JBIMS and SIMSREE are two excellent institutes, which are coming under Mumbai University. Both of the institutes offer management courses with great placement and infrastructure.
The points below give the key points of difference between the two institutes, stating the type of MBA degrees they offer.
- JBIMS provides only MS degree to students, whereas SIMSREE provide both MS and PGD-BM degrees. Although these degrees have certain differences in curriculum, all of them are equivalent to an MBA.
- Both institutes fall under Mumbai University and so, they follow the same course structure.
- JBIMS accepts admission through CAT and MH-CET. But, SIMSREE offers a wider range of opportunities by allowing admission through CAT, CMAT, ATMA, and MH-CET.
- None of the two colleges conduct any GR or PI rounds in their admission process.
These are the main highlights regarding the courses offered by JBIMS and SIMSREE, along with their modes of admission.
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