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How’s the business analytics program at NMIMS Mumbai?
Data Science and Business Analytics is an online MBA program offered by NMIMS Mumbai. It is an 18 month-long program. I have a few friends who are pursuin this course. Their experience with the program has been quite good. The course is delivered mainly in two parts, i.e. learning videos on the platform and live sessions conducted by the professor during the weekend. The classes cover a wide range of topics. The live sessions featuring many reputed faculties and industry experts help in solving doubts. The program offers both management subjects and technical subjects like Machine learning and other Data Science related tools like Python, SQL, etc.
The evaluation is done through Internal Assessment/Case Study and a term-end examination for each course in the program. This course is great if you want to gain skills and knowledge in the field of AIML.
Does percentile matter in NMAT? Is there a minimum percentile for NMIMS Mumbai? Or just the cutoff?
When applying for NMIMS Mumbai, keep in mind that the cutoffs are declared in terms of marks, not percentiles. The NMAT cutoff for 2023 will be the minimum score required to appear for the selection rounds, which include WAT/GD/PI. The expected cutoffs for 2022 are 79+ for Logical Reasoning, 73+ for Quantitative Skills, 85+ for Language Skills, and an overall range of 205-250.
The cutoff for admission to NMIMS Mumbai is typically a score of 208 (94%). The NMAT cutoff for 2023 will depend on factors such as the number of registrations, candidates who appeared, reservation criteria, availability of seats, difficulty level, and past year cutoff trends.
What is the average salary package after doing an MBA from NMIMS?
The average salary package after completing an MBA from NMIMS depends on various factors such as
- Work experience of the applicant
- Academic background
- Industry they are entering
As per official data, the NMIMS MBA Average package 2023 was recorded at INR 26.63 LPA. The discipline-specific average packages of MBA programs offered at NMIMS are
- MBA Core: INR 23.07 LPA
- MBA HR: INR 19.40 LPA
- MBA Tech: INR 8.85 LPA
However, it's important to note that this is just an average, and some graduates may earn more or less depending on their individual circumstances.
How was your interview experience at IIM, FMS, MDI, XLRI, SP JAIN, NMIMS, SIBM, SCMHRD, etc. being from a commerce background ?
I can tell you about my interview experience for IIM Kozhikode.
I am a working professional with three years of work experience in the Ed-tech field. My 10th is 9.4 CGPA, 12th is 80% , both from CBSE, graduation score is 71.2% and I graduated in BBA in 2018 from a college in Indore .
I gave my interview in the afternoon slot (there were a total of three slots, morning, afternoon, and evening, the morning slot is best).
The interview was in online mode (due to covid). First, they asked me to verify my official ID cards. There were two people taking my interview, one male and one female.
They started by asking about my hobbies, I told them about gyming and cricket, and the male interviewer started asking me about cricket. He asked me who scored the maximum t20 runs in the previous year, what reverse swing is, top five bowlers who could bowl reverse swing. Then they started asking me about the firm in which I worked, the valuation of the firm, its reputation, the work culture, the future of the industry, who the CEO is, and all.
Then the next person started asking me questions from my undergrad, and I wasn't able to answer the question related to that. She seems a little unsatisfied with my answers.
I was waitlisted at the end and could not be able to convert the college.
Which is best to join new iim or nmims mumbai core?
While many may not agree, the new IIMs are far better than NMIMS. People prefer NMIMS mainly because of its location and legacy. If you come out of that criteria then you realize that the new IIMs are much more. I have compared the new IIMs with NMIMS on the basis of a few aspects.
- Strength: The increasing batch size is a major problem in NMIMS as it directly affects placements. The best companies hire only 3-4 students. Thus almost half the batch is placed in mediocre companies with average roles. New IIMs, on the other hand, have a very small batch size and therefore there is equality in placements
- NMIMS: NMIMS MBA fees is much more than the new IIMS. Also, the accommodation costs are high and the ultimate ROI is not good at all.
- Campus Life: The most crucial drawback that NMIMS faces is a lack of hostel life. There are zero recreational or sports activities. No playgrounds or sports facilities are available. The new IIMs are excellent in this aspect with world-class facilities both in terms of education and recreation.
- Placements: NMIMS placements are o n level with IIM Ranchi, the oldest among the new IIMs. Trichy and Kashipur are almost reaching that level too.
So the new IIMs are far better in terms of brand, faculty, and even ROI.
Considering that my profile is: 10th- 89.2 12th- 74.2 Grad. (Engg)- 8.5 PG- 8.0, which one is better: the NMIMS Mumbai, the IIM Rohtak, the IIM Raipur, the IIM Ranchi, the IIM Trichy, the IIM Udaipur
The aspects of judging a college’s worth depend on the following factors
- legacy
- alumni experience
- perception among peers
- quality of students
- faculty
- institute culture
- events and activities
- pedagogy
- Summer and final placement opportunities
NMIMS renders you short-term advantages but IIMs offer many long term advantages. Even the faculty is better at IIMs than at NMIMS. But being a new institute, it lacks an alumni base. Any far-sighted person can definitely say that your IIM tag will help you in the long run.
Now based on your list, the order is
IIM Udaipur>IIM Ranchi>IIM Trichy>IIM Rohtak> IIM Raipur>IIM Kashipur
If you have to join one: NMIMS MUMBAI or IIM ROHTAK, which one would you join and why?
Given the two chances, I will definitely join IIM Rohtak over NMIMS anytime. The reasons for my choice are
Campus: The newly made campus of IIM Rohtak stretches over 150 acres and is loaded with top-notch facilities. Although some might consider its location at a disadvantage to NMIMS, in reality, it is just an hour's drive away from Delhi.
Placements: IIM Rohtak has an upper hand in placement opportunities as well.
|
Particulars |
IIM Rohtak |
NMIMS |
|
Average CTC |
INR 16.06 LPA |
INR 23.07 LPA |
|
Highest CTC |
INR 32.00 LPA |
INR 57.65 LPA |
|
Total Recruiters |
80+ |
40+ |
Pedagogy: You can never compare the pedagogy of an IIM with any other B School. It’s very rigorous and the curriculum does not focus on academics, but also on exposure. This exposure is brought by events like TEDx and Marathon where students learn how to manage. Guest faculties from other IIMs, institutes like MDI, and senior management from top firms visit the campus for industry exposure.
Fees: IIM Rohtak- ?9.9 Lakhs (1st Year Fees)NMIMS- ?11.95 Lakhs (1st Year Fees). Despite being an IIM, Rohtaks fees are lesser than NMIMS.
Peer Learning: The peers are some of the most talented people you will ever come across. They have gotten into IIM with a percentile of more than 99.5. Moreover, there is a healthy blend of freshers and experienced students to promote effective peer learning. Most activities are conducted group-wise and each group comprises students from different backgrounds.
I hope these reasons might have cleared all the remaining doubts you had.
Which college would be better to pursue MBA from - NMIMS Mumbai or SIBM Pune?
A decent alternative for doing an MBA is NMIMS. Due to the fact that it provides specialism in areas like HR, business analytics, digital transformation, etc. In 1981, the famous organization NMIMS was established in Mumbai, Maharashtra. NMIMS is a deemed-to-be university with eight campuses located throughout India in Mumbai, Shirpur, Indore, Navi Mumbai, Bengaluru, Hyderabad, Dhule, and Chandigarh. Here are a few factors that make NMIMS a suitable choice for those interested in pursuing this degree program:
- Ranking: NMIMS ranked #21 among the top MBA schools in India. Due to its high academic standards, emphasis on research, and professors drawn from the best national and international universities and businesses, NMIMS is considered to be at the forefront of great education.
- Accreditation: NMIMS Deemed-to University is accredited by NAAC with a 3.59 CGPA and Grade A+, whereas SIBM Pune is accredited by NAAC with an "A" grade
- Financial support: Students at NMIMS Mumbai are eligible for the Central Sector Scheme of Scholarships for economically disadvantaged General, SC, ST, and physically challenged groups.
- Placement: The majority of students who apply for placements in NMIMS are accepted. The comparison between the placement stats of these colleges are as follows:
|
Particulars |
NMIMS |
SIBM Pune |
|
Highest salary |
INR 67.80 LPA |
INR 35.05 LPA |
|
Average salary |
INR 26.63 LPA |
INR 26.77 LPA |
|
Top recruiters |
Aditya Birla Capital, American Express, Goldman Sachs, Crisil, etc. |
Accenture Strategy, Aditya Birla Capital, American Express, Barclays, HSBC, etc |
- Alumni network: Ashis Gupta (Managing Director and Head of Research, Credit Suisse India), Kamlesh Rao (Managing Director, Kotak Securities Ltd.) and many more established professionals are the notable alumni of this organization.
In conclusion, NMIMS is undeniably a commendable institution that continues to excel in its pursuit of academic excellence and professional as well as personal development. So based on these basic aspects NMIMS would be a better option for pursuing this course.
What is the total cost incurred in doing your MBA from NMIMS Mumbai?
The following answer is based on my brother’s experience at NMIMS and may vary from person to person depending on their own personal expenses and standard of living. The table below shows the NMIMS MBA fee structure.
|
Particulars |
Data |
|
Total Fees |
INR 23.90 Lakhs |
|
Hostel fees (Non-Refundable) |
INR 2,25,000- 3,00,000 |
|
Hostel fees (Refundable) |
INR 10,000 |
From the above data the approximate cost is 26-27 Lakhs. The additional expenses like hanging out, fares, and miscellaneous activities can amount to 1 Lakh.
Now let’s consider you staying in a flat and not a hostel. The MBA fees remain the same. But the living expenses are considerably cut down. My friend lives in a flat with 5 people and shared her average expenses.
- The rental expense was 10k
- The security deposit was 1 lakh
- 6-8k per month for electricity bills and grocery shopping
- An additional 2-3k for hanging out
- The average auto fare would be 3k per month
- The rough average is 20k per month and if you calculate the same for 21 months it amounts to 4.2 Lakh.
The total expenses including tuition fees amount to 30-33 Lakhs. I think it’s better to go to a hostel than to a flat.
How is the placement at NMIMS Mumbai? I have heard that they show inflated figures in their website.
Placements at NMIMS Mumbai are overall good and they are especially appealing in the finance domain. Like any other B school, NMIMS also projects an optimistic view of the salary figures that are sometimes slightly inflated but they are not factually wrong.
Connecting with past NMIMS students can get you a better idea of the actual figures. I also contacted my friend who was in the NMIMS 2016 batch. The average CTC around that time was 12 LPA which was pretty good considering the huge batch size of core MBA. The highest CTC that year stood at 32 LPA whereas the lowest stood at 8-8.5 LPA.
Sector-wise, the average CTC of Marketing was higher than the institute's average. In addition due to lower strength in Operations, they also fared well in placements. The students in Operations were able to get the desired job easily. The placements did not face any major issue except that the in the last round packages offered were as low as 8-10 LPA when around 100 students were left unplaced.
International roles were offered by Goldman Sachs, GE, Aliaxis group & few other companies. But the postings were mostly short-term in nature wherein you have to spend 3-3 months only.
Overall I think the placements are decent but might deteriorate with the increasing batch size and fees.
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