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Which college is better to go, IIM Trichy or SIBM Pune?
SIBM Pune is one of the best B Schools in India. It boasts of an early establishment and has been growing ever since then. Its success can be determined by the large number of business leaders it has given birth to, that have attained executive positions across the world.
Placements: The table below draws a clear comparison between the placement statistics of the two B Schools.
|
Particulars |
SIBM Pune |
IIM Trichy |
|
Highest Salary |
INR 45.50 LPA |
INR 34 LPA |
|
Average Salary |
INR 23.06 LPA |
INR 17.01 LPA |
|
Median Salary |
INR 20.80 LPA |
INR 16 LPA |
|
Number of Recruiters |
100+ |
110 |
|
Top Recruiters |
Accenture, Adani, Aditya Birla Group, Bajaj Finserv, Cipla |
Amazon, Dell, Nomura |
Infrastructure: Situated on the picturesque hilltop of Lavale, SIBM Pune is a heaven for sports enthusiasts. From cricket and football to basketball grounds, and a sports complex for Badminton, Tennis, and Table Tennis SIBM Pune has it all. Other amenities include a 24/7 working library and a fully equipped gym for health freaks.
IIM Trichy is no less when it comes to infrastructural facilities. It is located in a serene area and has similar sports facilities.
Corporate Competitions: Many top corporate organizations conduct competitions and prefer SIBM over other B Schools. These competitions result in PPIs and PPOs. Many of these competitions are not accessible to IIM Trichy students.
Diversity: SIBM welcomes a mixed crowd to ensure a balance between ethnic and cultural diversity. So your peers will not just be students from across India but also across the world.
Student-Driven Culture: SIBM Pune has a prominent student-driven culture. Everything ranging from placements, and admissions, along with corporate and alumni relations are entirely managed by students. This culture has become a part of the learning culture of the institute and also its USP.
Rankings: According to most rankings SIBM Pune is better than IIM Trichy.
So I will suggest you look at the bigger picture and don’t just get tempted by the IIM tag.
What is the scope of management consulting at B Schools like NMIMS, SIBM, SCMHRD and XIMB? Do non-engineers, freshers get such roles?
This would certainly not be easy for a non-engineer fresher to get management consulting roles in firms such as Accenture, McKinsey, Deloitte, EY, Capgemini etc.
- Most of the above companies provide IT consulting, operations consulting, risk consulting, etc. at these institutes. You may expect these profiles.
- However, if you are looking for strategic consulting, then these roles are offered at only top B-schools such as IIM Ahmedabad, IIM Bangalore, IIM Calcutta, XLRI, FMS, SPJIMR Mumbai, etc. Do not expect them to be offered at the listed institutes here.
Even if some companies do offer such roles, they care about your academics in your MBA, your work experience, your personality, and your background. They want to know if you are an engineer or not, they also want to know if you know about IT or not. There are various rounds of interviews lined up to test your skills and abilities.
So, yes there will be scope especially in IT consulting roles from these institutes. All you have to do is give your best efforts and leave the rest on the companies to decide what kind of professional they want.
How do I prepare for the Symbiosis MBA entrance test, if I intend to get admission in SIBM or SCMHRD?
Structured and disciplined study is best for SNAP 2024. Preparation tips:
- Exam structure: General English, Quantitative, Data Interpretation & Data Sufficiency, Analytical & Logical Reasoning, and Current Affairs comprise the SNAP exam. Learn the exam format and syllabus to prepare.
- Practise prior year papers to understand the sort of questions, difficulty level, and time management needed to pass the test. This will reveal your strengths and weaknesses.
- Improve fundamentals: Improve accuracy and speed by reviewing each section's basics. Practise fundamental math, reasoning, reading comprehension, etc.
- Mock exams: Take mock tests to simulate the exam and enhance your speed and accuracy. After each test, assess your weaknesses and improve.
- Current events: The Current Affairs section demands current events knowledge. To stay current, read newspapers, magazines, and web portals.
- Join an MBA entrance test coaching institute if you can't prepare on your own. To prepare for the exam, they offer structured assistance, study material, and practise examinations.
- Language skills are needed for General English. Reading books, newspapers, and magazines, practising grammar, and watching English films and TV can improve your language skills.
Which is best for MBA HR: SIBM Pune or NMIMS Mumbai or SCMHRD?
The colleges that you have mentioned are quite old and reputed, leaving behind a history of a great placement record and a bright future.
Human Resources has become a promising field in today’s time. A good HR assures that the aspects of the business they work for proves to be fulfilled along with allowing the employees their own space wherein they give importance to the clients.
Based on certain parameters, allow me to compare all the three institutes so that it gets convenient to choose the B-School of your choice.
| Categories | SIBM Pune | NMIMS Mumbai | SCMHRD |
| Course Fee | 17.26 lakh | 6.04 lakh | 11.94 lakh |
| Highest CTC | 35 LPA | 16 LPA | 18-21 LPA |
| Average CTC | 18 LPA | 8 LPA | 10 LPA |
| Recruiting Companies | Crisil, HSBC, etc. | Berger, ITC, etc. | Mindtree, ICICI Bank, etc. |
My suggestion would be to consider NMAT and even SNAP so that you get a better view to choose from. Some promising prospects are indeed offered by NMIMS and SIBM-P, but I believe you should go for that particular institute which is reputed for its HR department.
I have converted calls from NMIMS, Mumbai and SIBM, Pune. Which one should I choose given that I have an inclination towards finance specialization?
NMIMS is well known for its Finance specialization. Many might consider its huge Finance intake or the entire batch size, in general, a drawback. But if we compare the placement reports of SIBM Pune and NMIMS Mumbai, the latter is visited by most of the top Finance companies. Most companies in the Finance sector prefer NMIMS over other B Schools and students who are Finance enthusiasts too prefer NMIMS over other B Schools. The main reasons pertaining to this preference are
- Better placements than SIBM Pune
- More number of companies visiting the campus than SIBM Pune
- Its location in the Finance capital gives it a lot of advantage over SIBM Pune
- More corporate exposure owing to its location than SIBM Pune
Finance companies give more preferences to your knowledge and inclination towards the domain rather than your work experience. The only drawback of NMIMS is its high fees and lack of campus life. But the Finance roles offered are good enough to overshadow this flaw.
SIBM Pune (I&E) vs NMIMS Bangalore. Which is a better option?
Both NMIMS Bangalore and SIBM Pune are good management institutes with strong placement records. However, SIBM Pune may have certain advantages over NMIMS Bangalore. For example, SIBM Pune offers a unique MBA program that combines innovation and entrepreneurship, which is not offered by many other institutions in India. Additionally, the placement statistics for SIBM Pune show that students tend to receive higher averages and the highest salaries than students at NMIMS Bangalore.
Another advantage of SIBM Pune is its alumni network, which can provide valuable resources and connections for students as they start their careers. Additionally, SIBM Pune accepts the SNAP test for admission, while NMIMS Bangalore accepts the NMAT.
Of course, these are generalizations and individual experiences may vary. It is important to do your own research and weigh your individual goals and priorities when choosing between these two institutes. Factors such as location, campus culture, course offerings, and your own academic background and test scores can also impact your decision.
In conclusion, both NMIMS Bangalore and SIBM Pune are strong institutes for management education, and the best choice for you will depend on your individual needs and goals.
What are the prospects of pursuing an MBA in Marketing from IIMs, JBIMS, XLRI, MICA, or SIBM, with poor academics, and how can one compensate for the same?
Your poor academic record can be a major hindrance, especially in summer placements because the companies know you haven’t done anything major yet in the B School. So I will suggest you some tips that might help you compensate for your low 12th class marks and get you a good internship offer
- Enroll in an online course as this might be a major topic of discussion in the interview. It should preferably be an advanced version of your current course or a unique course.
- Get involved in volunteer work at NGOs. This will not only prove to be beneficial during your interview but also will help you become a part of social service committees on campus.
- Master a new language preferably French, Mandarin or Spanish as this may increase your chances of getting International placement or foreign exchange.
- Look for internships that offer practical knowledge for a short period of time.
As far as the Final Placements are concerned, you will have to improve your profile to attract the best recruiters. Some tips to improve your general profile are
- Rather than focusing on your past academics, focus on the new phase of your life and give your best
- Go for courses that offer live projects as recruiters highly prefer such exposure. Sometimes even the on-campus committees offer such live projects. Many times the winners of such projects get amazing PPOs or cash prizes.
- Joining a good on-campus committee is beneficial not only in maintaining a good campus life but also improving your overall profile. You get amazing exposure by interacting with industry professionals in the corporate world during events and conferences.
- If you are skilled at writing, do the same for business magazines or websites.
All this will help you make the most out of your MBA experience and also improve your profile enough to attract the best placement offers. The only key is to work hard relentlessly.
How can I arrange the following according to an MBA/PGDM: NMIMS, Mumbai, SIBM, Pune, IIFT, Delhi, Great Lakes, Chennai, SPJIMR, Mumbai and JBIMS, Mumbai?
This is my personal opinion and is based upon the feedback.
- SPJIMR Mumbai
- JBIMS Mumbai
- IIFT Delhi
- SIBM Pune/ NMIMS Mumbai
- Great Lakes Chennai
I have considered placement and fees and hence the ranking. Hope this helps.
How can I arrange the following according to an MBA/PGDM: NMIMS, Mumbai, SBIM, Pune, IIFT, Delhi, Great Lakes, Chennai, SPJIMR, Mumbai and JBIMS, Mumbai?
I have given the preference order of the above-mentioned B Schools. However please remember this is based on my personal opinions and not any official figures
1st: NMIMS is one of the best schools in Mumbai with fewer fees and great specialization in Finance. Its distinguishing feature is its small batch size which is extremely beneficial for excellent placements. The companies that visit offer the best roles to their students mainly because of their credibility and strong alumni network.
2nd: SPJIMR too is located in Mumbai and is the second-best School after JBMINS. Its students intake is very good due to the strict selection process. The placements are at par with JBIMS but the fees are a bit higher. It's ranked in the top 3 in Operation and IT specialization in India.
3rd: One of the oldest institutes for MBA, IIFT is a good choice owing to its strong brand name and small batch size.
4th: SIBM Pune is a blend of everything; a Good campus, good corporate competition, hostel life, good infrastructure, faculty, and placement. It gives you an amazing MBA experience l.
5th: NMIMS Mumbai is great for MBA and is at par with SIBM. But I have ranked it the last owing to its high fees and larger batch size that requires a lot of competition during placements.
So the ranking is
NMIMS>SPJIMR>IIFT>SIBM Pune>NMIMS Mumbai
How do various clubs and committees select members from the new batch at SIBM Pune and SCMHRD? What is the whole process?
The process usually begins at the end of the month of July. As soon as the new batch enters, all the committees and clubs are required to conduct their induction sessions to brief the batch about their respective committee and club. When all the sessions are done, Committees start their process, and it could be a common process for the society, or they could have their individual processes. The final round of the entire selection process usually involves voting. So, it’s always advisable to make good relationships with your peers. Especially if you want to be a part of Placement’s Committee or Media cell.
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