It is subjective and it completely depends on your goals and your preferences, and how much tag matters to you.
It's ultimately your call to take but here is a list of a few parameters you can/should look at:
B-School |
Fees |
Average Salary Package |
Highest Salary Package |
NMIMS Mumbai |
INR 24 lakhs |
INR 23.07 LPA |
INR 57.65 LPA |
IMT Ghaziabad |
INR 19.8 lakhs |
INR 17.35 LPA |
INR 65.6 LPA |
IMI Delhi |
INR 19.2 lakhs |
INR 17.01 LPA |
INR 50 LPA |
Baby IIMs (Sirmaur, Jammu, Bodh Gaya, Sambalpur, Amritsar, Nagpur, Visakhapatnam) |
Varies from Rs. 15-20 lakhs |
Between INR 15-20 LPA |
Between INR 40-70 LPA |
Totally my opinion though - Go for IIMs.
Indian B-Schools IMT Ghaziabad and IMI Delhi offer top MBA programmes. IMT Ghaziabad specialises in marketing, while IMI Delhi emphasises finance and banking.
Career goals and interests determine which programme to choose. IMT Ghaziabad's marketing programme has a specialised curriculum and access to industry experts, making it a good choice for marketing students. However, IMI Delhi's BFS programme offers finance and banking-specific training and prospects.
If you have a choice between BFS from IMI and Marketing from IMT, I would recommend IMT. However, if you are interested in finance, you should not consider IMT at all. After all, MBA is all about your preferences, which you will discover once you enrol.
Another significant distinction that clearly favours IMI BFS is the batch strength. The quality of a small batch strength remains stable.
You should be aware that the selection process of IMI Delhi is quite stringent. IMI Delhi is ranked 14th position among the top B schools in India, and its selection process is different from other top B schools. They give less weightage to your CAT score and have an extempore round as well. This round is not so difficult, but it may vary according to your profile, as they want a diverse background in their institute. They try to test your overall personality by checking your academics, team spirit, leadership, communication skills, how you react to a given situation, and many other small tests to decide whether you are eligible for their college or not.
It's important to note that every top college wants the best students to become future leaders in the corporate world, but luck also plays a role in the selection process. If your academic score is not good, but you impress them with some other talent you have, they will not deny you admission because they want diversity.
In a nutshell, most of the top 30 colleges do an overall screening before admitting students because they want the best in you. Therefore, if you want to get into a top B-school like IMI Delhi, you should work on developing your overall personality and showcasing your talents apart from good academics and a CAT score.
If you had to choose from the options mentioned, it's recommended to opt for a brand name. Your priority should be IMT Ghaziabad, IMI Delhi, and SIOM Nashik.
When it comes to Operations Management, NITIE, and IITs are considered to be top-notch. They offer a comprehensive curriculum, job roles, and industry exposure, making them highly sought-after. In fact, IITs have established their brand in management, specifically due to their expertise in operations. However, when it comes to Operation major, NITIE remains unparalleled, as they have the longest chain of alumni in operations, holding high-level designations for many years.
If operations are still your preferred field, and you don't have any other options apart from NITIE or IITs, then your decision should be entirely based on the brand you are joining.
IMI Delhi is a relatively better choice, especially for pursuing a major in finance, as they have fantastic placement support. Let us have a detailed view of IMI Delhi
Scholars – IMI Delhi is gifted with well-qualified and experienced faculty support. You will have the opportunity to attend the classes of genius scholars like Sanjay Dhamija
Subjects – Students can advance their knowledge by exploring a wide array of subjects like Investment Banking, Equity Research and Portfolio Management, Private Equity, Treasury and foreign exchange, wealth management, and so on.
Clubs and Society- There are finance clubs and an Investment society, which encourage the students to get actively attracted to the subject knowledge and allow them to be updated
So, never hesitate to choose IMI Delhi.
If you are a marketing enthusiast, IMI Delhi is a much preferable option for you. IIT Roorkee is known for its specialization in Operations and Systems only. To avail of an enriching B School experience one must try not to go for a technical institute unless it is IIT Bombay or IIT Delhi. While the Department of Managements of IITs do excel in Operations they lack in domains such as finance, marketing, HR, and strategic management. Only the exclusive B Schools excel in these specializations.
The main requisites of a rich B School life are
Corporate exposure is sought through corporate competitions, guest lectures , conclaves, and live projects owing to alumni connections and the location advantage of being in Delhi or Mumbai. At a B School the clubs and committees are initiated and operated by Management students themselves whereas, at IITs, it’s the younger BTech graduates that do so.
So it’s the core B School life you will be missing out if you chose DOM at any Technical institute. No doubt the fees are much lower than an exclusive B School but you will be missing other things big time.
IMI Delhi should definitely be on your list for Finance. The college is known for its PGDM degree in Finance and is located in the heart of the city, making it easily accessible for all.
IMI Delhi has one of the best faculty bodies in the country and offers a wide range of subjects to choose from. The course outlines are tailored to meet the industry requirements and are designed to provide theoretical knowledge as well as practical insights. You can expect to learn subjects like Wealth Management, Treasury Management, Merger & Acquisition, Private Equity, International Finance, Investment banking, and many more.
The classroom studies at IMI Delhi are completely case-based, which means you get an opportunity to relate theoretical learning with real-time challenges persisting in the industry. This approach prepares you well for the practical challenges you may face while working in the finance industry.
Apart from classroom studies, IMI Delhi also provides a plethora of opportunities in terms of live projects where a student can associate himself with an organization for a span ranging from 1 week to 1 month. This gives the students some degree of corporate exposure besides classroom case discussions.
To further enhance the learning experience, IMI Delhi has recently installed 8 new Bloomberg terminals in the college. This will increase and ease the accessibility of the same to the students, thereby providing them with a world-class learning experience.
So if you're looking to pursue a career in finance and want to get the best out of your management degree, IMI Delhi should definitely be on your radar.
GIM PGDM has a faculty advisor facility for each of their students. The faculty advisor facilitates academic and professional guidance and keeps a track of a student's progress. On the other hand, IMI HRM is accredited by NBA as well as AMBA and it has a total of 8 faculty members with PhDs.
The table below showcases some of its features:
Parameters |
IMI Delhi (HRM) |
GIM PGDM |
Placement Percentage |
80 |
100 |
Campus size |
3 acres |
50 acres |
Total Seats |
360 |
240 |
Fee |
INR 9.17 LPA |
INR 85,000 |
Average Package |
INR 8-9 LPA |
INR 11.4 LPA |
Admission
Infrastructure
Placements 2019-20
GIM
IMI Delhi
Students can choose the program of their liking based on the factors above, with future prospects in mind and resource utilization.
IMI Delhi started its 1-year full-time MBA program in 1984 and currently runs a 15-month program with 12 months of coursework on campus and 3 months dedicated to a field project. The fee structure of an Executive MBA from IMI Delhi is INR 12,00,000, including Tuition Fee, Text/Reading Material, Student Activity/Welfare, Library Fee, Lodging (single Executive AC Rooms), Boarding, Security Deposit, and Alumni- Life Membership.
You can expect to gain great value in terms of learning from the faculties and the overall MBA experience. The program is tailored for executives who have been working for 5 years or more, and it would be flexible enough for you to adapt and thrive. The institute, its management, and faculties do everything in their capacity to ensure learning is facilitated at all costs.
An integral part of the MBA experience at this level of experience and age for working executives would be the quality of life coming back to academics. If you decide to enroll, you can expect every bit of the year at IMI to be enjoyable and open new perspectives.
It is also essential for prospective participants in full-time executive MBA programs to understand that they do not always help you switch domains or industries. However, these programs are primarily designed to help mid-career executives find that leap in their career with the help of the acquired qualification and knowledge. The college supports placements, though historical evidence does not guarantee a job after the program. Whether you find your dream job/dream package out of this MBA program from campus or otherwise depends on a lot of factors like the quality of your prior work experience, prior employer, the nature of your work, and a lot of other factors.
IMI New Delhi completed 100% placements for the PGDM 2021-23 batch with an 11% hike in Average salary which has gone up to Rs.17.01 LPA, while the highest salary has gone up to Rs.50 LPA. Therefore, it is crucial to keep yourself optimistic and work hard for yourself. Work on yourself, get yourself skilled and certified, and you will do well and make that mid-career shift.
When considering the three business schools in question, IIM Sambalpur, IIM Sirmaur, and IMI Delhi are in the same league, with IMI Delhi having a slight edge over the other two in terms of placements. This is due to the fact that it is older than the newer IIMs and has been in the B-Schools scene for a longer period of time. However, it is important to note that the newer IIMs have had a meteoric rise because of their IIM designation.
All three of these business schools are good in their respective positions, but if you have a slight preference for Human Resources, IMI Delhi may be the better choice for you due to the HR profiles offered to students and the school's reputation for its HRM program. Additionally, while the location of IMI may be more favorable, if you are looking to study and make the most of your next two years in a more secluded setting away from the hustle and bustle of a metro area, IIM Sirmaur or Sambalpur may be more fitting.
Ultimately, it is important to reach out to students and alumni of these respective business schools to gain a clearer understanding and make a decision that aligns with your own preferences and goals. It is important to remember that ultimately, the decision should be based on what will allow you to perform at your best.