There is not much difference in both institutes and it does not make sense to leave a Tier II college in India just to join another one. If you are confident with your choice then you should go for it.
One of my friends studied at IMS Ghaziabad and he is now working in a respectable position in a top MNC.
IMS holds the record of 100% placement (International and domestic ). It is suggested you go for IMS, Ghaziabad as it is the best option in Delhi- NCR for a PGDM degree.
TAPMI Manipal has been ranked 27th, whereas NMIMS Bengaluru has been ranked 92nd and IMI Delhi has been ranked 28th for MBA by NIRF 2020.
Course Structure:
IMI
TAPMI Manipal
NMIMS Bengaluru
Placements
TAPMI
NMIMS Bangalore
IMI Delhi
All these institutions provide quality education courtesy of highly qualified faculty, some of which are advisors to top government organisations and corporates. Hence, an individual should make a choice according to his/her field of interest and after considering all the relevant facts.
BIMTECH is one fine college to choose to join and PGDM is their flagship course. They have good placement records. One of my friends studied there and never had any complaints about it.
The following table shows a brief overview of the institutes:
Categories | PGDM at BIMTECH |
Course Fee | 12 lakhs |
Highest CTC | 18-23 LPA |
Average CTC | 9-11 LPA |
Recruiting Companies | Amazon, Accenture, Wipro, Infosys, etc. |
A good number of 50+ companies have covered a recruitment process. When the rate of the economy was moving at a slower pace, the institute still witnessed companies showing up in the placement drives.
I can assure you that once you are at an institute like BIMTECH, you should right away stop worrying and being skeptical about getting placed.
The difference between PGDM and PGDM-BKFS is that PGDM is the general MBA program and the course curriculum comprises all fundamental and cross-sectional areas of management while the course curriculum of PGDM-BKFS is tailor-made for Finance. In the first year for PGDM students are required to study various management-related subjects like Marketing, Finance, HR, and Operation. However, the BKFS course only includes Finance related topics.
TAPMI offers good infrastructure for BKFS. The institute has the largest state-of-arts finance lab in the country with 16 Bloomberg terminals. TAPMI also offers a unique Student Managed Investment Course (SMIC) for the finance stream in which BKFS students work in teams and each team has a mentor from industry currently working in the BFSI Sector. Also, unlike the traditional internship that PGDM students go through the BFS cohort had a two-month study tour in Bombay Stock Exchange where the students had their live projects.
Given below is a comparison between the two courses.
Categories |
PGDM |
PGDM-BKFS |
Course Name |
Post Graduate Diploma in Management |
Post Graduate Diploma in Management - Banking and Financial Services |
Intake |
360 |
60 |
Course Fee |
14.3 lakh (2 years) |
14 Lakh (2 years) |
>Highest Salary Package |
25 LPA |
25 LPA |
Average Salary Package |
11.50 LPA |
12.75 LPA |
Recruiting Companies |
Alien Technology, Arcesium, Wipro, Capgemini, ITC, HCL, etc. |
Axis Bank, Yes Bank, HSBC, etc. |
If you have the option of dropping a year and preparing for CAT, XAT, or other entrance exams, it may be worth considering. You can use the extra time to study and improve your scores, which could lead to better opportunities in the future.
However, if you have decided to pursue an MBA this year, there are several factors to consider before choosing between IMI and GLIM. You should look at the return on investment (ROI), fees, faculty, location, and placement records of both institutions to determine which one is a better fit for you.
It is important to note that neither the Business Forensic & Fraud Management (BF&S) program at IMI nor the Post Graduate Diploma in Management (PGDM) program at GLIM are the flagship programs of their respective institutions. You may want to research the other programs offered by each school to see if they align with your career goals.
Personally, I would recommend GLIM over IMI. However, you should make your decision based on your own research and preferences, taking into account factors such as the curriculum, faculty, industry connections, and career prospects. It is important to choose a program that aligns with your career aspirations and provides the best value for your investment in terms of education, skills, and networking opportunities.
Lloyd Business School is ranked at 1st position by India Today-MDRA Survey in 2019 among all the Private Institutions. It is also ranked at 2nd position by The Week among the Top 10 Private Colleges in North India in 2019. The institution provides PGDM courses in four different streams i.e., Business Analytics, Human Resource Management, Supply Chain Management and Banking, Financial Services & Insurance. The post-graduation program is of 2 years where the tuition fees to be paid is 2.5 lakh per year.
Eligibility & Selection Criteria:
Students seeking to obtain admission at this institute must have completed their graduation in any discipline.
To obtain admission, Students should appear in the entrance exam conducted by the institute i.e., Lloyd-Management Aptitude Test (L-MAT).
Other exams scores which is accepted by the institute for admission are MAT, XAT, GMAT, CMAT, UPSEE
Placement:
Top recruitment firms like Toppr, Flipkart, Swiggy, Amazon and many more visit the campus for placements.
Overall placement percentage of the institute is 95%.
Institute ensures that all the students get placed for summer internships through campus itself.
The average package which a graduate receives is 4.5 lakh p.a. whereas the highest package offered is 12.2 lakh p.a.
IMI Delhi's B&FS program is an industry-oriented finance program which has Financial Markets & Services, Wealth Management, Bank Management, Business Analytics, Treasury Management etc, as its subjects. Students also get to participate in 'live projects' to familiarise themselves with corporate work besides the summer internships.
On the other hand, GIM's PGDM program is its flagship program which has NBA and AMBA accreditations.
The table below highlights some of its features:
Parameters |
IMI Delhi PGDM (B&FS) |
GIM PGDM |
Placement Percentage |
100 |
100 |
Campus size |
3 acres |
50 acres |
Total Seats |
240 |
240 |
Fee |
INR 9.2 LPA |
INR 85,000 |
Average Package |
INR 12.5 LPA |
INR 11.4 LPA |
Faculty:Both institutes have an excellent faculty of 7-10 faculty members with PhDs and accolades from Wharton Business School, IIM, Smith School of Business etc.
Infrastructure
IMI Delhi
GIM
Placements
GIM
IMI Delhi
Students can decide on the basis of placement and infrastructure facilities listed above.
Between KJ Somaiya- FS, FORE IB, and PGDM in GLIM, Gurgaon which one you should choose depends on your perspective and expectation from the MBA degree. Given below is a brief discussion on the programs maintained in the question.
KJ Somaiya:
KJ Somaiya is considered one of the best MBA institutions. Situated in the finance capital of the country, Mumbai, KJ Somaiya offers excellent placements in the Finance domain.
FORE School of Management -
PGDM IB (International Business Management) is a 2 year full time course which aims at preparing students to take up careers in corporate houses and family businesses engaged in International Business Operations. It provides management education in the context of the global business environment.
Great Lakes Institute of Management, Gurgaon -
It is one of the top 5 emerging MBA colleges in Delhi NCR.
For a PGDM, IMT Ghaziabad is better compared to Welingkar Mumbai. It is widely reputed among MBA aspirants and constantly ranked among the top B-Schools in the country.
It has an excellent placement record as well. IMT Ghaziabad placements 2022 concluded with an average CTC of INR 15.28 LPA. While the highest CTC offered this year was INR 62 LPA.
IMT G has better placements, brand value, and a larger alumni network compared to Walingkar. A
Institution for Financial Management and Research Chennai is a well reputable management college in India. Founded in 1970, IFMR is affiliated to Krea University. The institute has been ranked at 53 among top management colleges in India by NIRF. Given below is an overview of the PGDM program offered by IFMR.
Specializations |
7 |
Entrance exam |
CAT, XAT, CMAT or GRE/GMAT |
CAT percentile |
80 |
Selection |
Personal Interview |
Intake |
175 |
Fee structure |
13.2 lakhs |
Highest placement offered |
18 LPA |
Average placement offered |
9 LPA |
Companies recruiting |
Wipro, Accenture, Vodafone, HDFC Bank, Kotak, etc |
IFMR Chennai offers a rigorous 2-year long PGDM program with a strong foundation in Finance. On completion of the course, students get placement offers in various job roles like consultants, analysts, and managers in reputed MNCs.
The required CAT cutoff, ranking, average CTC suggest the current position of the institute is justified.