From the above-mentioned management institutes, TAPMI and IMT-G are good for Finance. Given below is a brief comparison of the three institutes.

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.

Given a choice between the mentioned colleges, the best institution for Finance will surely be TAPMI School of Business for various reasons.

Let us first have a look at some statistics about all the three colleges.

TAPMI:

• Laboratories: One of the most exclusive reasons for choosing TAPMI is a well-equipped Finance Lab which helps students gain hands-on experience and understand core financial concepts through practical studies as opposed to only theory. The lab is equipped with 16 Bloomberg terminals and 7 Thomson Reuters terminals.

• Curriculum: The course curriculum for PGDM BKFS at the institute is CFA C-BOK (certified body of knowledge) and FRM (Financial Risk Management) certified and meets the latest global industry standards.

• Faculty: The program in Banking and Finance is backed by experienced faculty members who have years of experience in academics and industry.

• Accreditation: It is one of the few management institutions in the country to have a two-tier global accreditation, i.e AMBA, and AACSB.

• Extra-Curricular: The institute organizes multiple events, workshops, and industry visits to provide students with a well-rounded experience. Student managed investment funds and multiple club activities are all part of the module in finance.

IMT-G:

• It offers a PGDM program in Finance that has an industrial and financial backing overlooking a high number of companies for recruitments but fails to provide a high placement rate considering an exceptionally high batch size, which keeps the majority of the students from getting a full-time job.

• It observes the highest placements in the marketing department and sees very few core companies for finance, with corporate finance and banking jobs marking the minority. Apart from the brand name of IMT, it is not considered to be the best institute for a program in Finance.

KJ Somaiya:

The institute offers PGDM programs in Finance which are well-structured but fail to impress in terms of management and placements. While the fee structure of the program is lower compared to the other institutes, it observes many good companies as part of their recruitment drive due to the location, but still has an overall low placement rate within the Finance sector.

Given the three options, the best institute for a program in Finance would definitely be TAPMI School of Business for the well-structured curriculum, good placement opportunities, and facilities provided.

It depends on various factors including your current CTC if you want to change your domain of work, and the package you expect from the companies. In terms of package and job profile, companies visiting KJ Somaiya consider two main factors during placement.

1. Less than two years of work experience: You will be eligible for most of the companies in this case. Some companies do prefer freshers and desire to mould them accordingly. So if you are planning on an MBA inorder to change your niche of work you will most certainly fall under this category. 
2. More than three years of work experience: Particularly experience in the IT field for more than three years will lead you to better packages. You can literally cash in on your previous experiences.

The following table shows the Placement statistics of the institute for 2020:

All in all KJ Somaiya Institute of management studies and research is an amazing institute in terms of curriculum and is fairly good at placements. Make a wise decision upon considering all the factors.

Between GIM and KJ Somaiya which is the better institute that depends on which domain you will choose. Both the institute is reputed for management education and have their advantages.

Given below is a brief comparison between the two institutes.

For Finance, KJ Somiya is a better option than GIM. KJ Somaiya has a location advantage as it is situated in Mumbai, the financial capital of India. The course fee of KJ Somaiya is also lower than the GIM.