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Which IIM have wide options for international Student exchange programs? IIM Ahmedabad or IIM Bangalore or IIM Calcutta?
Some of my friends have been to all of the mentioned colleges to pursue their MBA degrees so based on their experience and knowledge I can answer this question.
- IIM Ahmedabad would be a better option for international student exchange programs as it has collaboration with many foreign universities for the exchange program where around one-fourth of the students are selected every year for it.
- The selection procedure is solely based on the academic performance of the students in IIM along with the extracurricular activities.
- Also, the college also has a dual term exchange program where nearly 14 to 15 students are selected on the basis of their academic performance and are granted the opportunities to go to foreign universities for their master's degree apart from the IIMs PGDM degree.
However, IIM Calcutta and Bangalore also provide the student with various International exposure and opportunities but not as great as IIM Ahmedabad. Hence IIM Ahmedabad would be a great option to go with.
What distinguishes the top B schools like IIMs, XLRI, FMS, and SPJIMR from the rest?
IIMs, FMS, and XLRI are among the top management institutes in the country. They were able to establish a brand while the competition was quite low and there are several causes that distinguish these top b-schools, which are stated below:
- Alumni Base: The best students from these campuses did extraordinarily well in the various sector, giving these campuses an enviable reputation. This is a trend that is expected to continue, and alumni success is one of the most critical parameters used by organizations to measure and rate these institutions.
- Faculty: These institutions attracted the best teachers and continued to improve their course structure and teaching methods, providing them with an advantage over the competition.
- Innovation: There are also few newer campuses, such as SP Jain, which were fast to innovate with their selection criteria and the course format and in turn established a good reputation in a small period of time.
- Placement: Alumni success has prompted the biggest companies in the country to employ from these campuses regularly, and their presence on these campuses remains the primary reason why these institutions can recruit the greatest talent year after year.
In short, students, teachers, and recruiters are the determining variables.
Which college out of GIM and KJ Somaiya is better for core MBA?
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.
|
Category |
GIM |
KJ Somaiya |
|
Accredited by |
AICTE, NBA, AIU |
AIU, NBA |
|
Rank |
48 (NIRF) |
56 (NIRF) |
|
Entrance exams |
CAT/XAT/CMAT/GMAT |
CAT/XAT/GMAT/CMAT |
|
Selection |
Personal Interview |
Group Discussion, Personal Interview |
|
Course fee |
15.98 lakhs |
14.93 lakhs |
|
Placement rate |
100% |
97% |
|
Highest CTC |
25.6 LPA |
28.5 LPA |
|
Average CTC |
11.7 LPA |
10.08 LPA |
|
No of companies visited |
120 |
165 |
|
Top recruiters |
Nestle, Infosys, Deloitte, IBM HP, Wipro, HSBC, Capgemini, Cognizant |
Amazon, Google, Siti, IBM Deloitte, Ernst, and Young HSBC, Mercedes Benz, Bloomberg |
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.
Which program should I opt for in the NMIMS, an MBA or a PGDM?
One of my friends was an MBA alumnus at NMIMS and here are some facts about NMIMS that might give you a clear idea about it.
- PGDM and MBA are 2 names for the same degree. Some colleges award a Postgraduate Diploma in Management (PGDM) whereas some colleges award Masters in Business Administration (MBA).
- The School of Business Management, NMIMS awards an MBA degree upon the successful completion of the course.
- NMIMS offers Executive MBA targeting working professionals with more than 5 years of work experience.
- Additionally, the executive program is more expensive than the regular distance MBA.
|
Particulars |
Stats |
|
Total fees |
22.6 Lakhs |
|
Highest salary |
25 LPA |
|
Average salary |
8 LPA |
|
Median salary |
6.5 to 14.8 LPA |
|
Lowest salary |
5 LPA |
So, MBA is better than PGDM.
Is it worth doing an MBA IISWBM in Business Analytics?
If you are thinking to pursue MBA in Business Analytics from IISWBM, go through the pros and cons of the college first.
Pros:
- Business analytics is a fast-growing subject that needs competent workers.
- IISWBM's Business Analytics MBA is well-regarded. Students learn business analytics skills throughout the course. Business Analytics experts teach the course at the institution.
- The program gives you real-world datasets and analytical tools to practice.
Cons:
- IISWBM's MBA in Business Analytics program costs more than others.
- To succeed, you need a solid quantitative background and a passion for data analytics.
How do I decide among IIT Madras and IIM Nagpur for an MBA?
If you ask me, I would suggest you choose IIT Madras to pursue an MBA as compared to IIM Nagpur for an MBA.
- IIT Madras is a prestigious institute with a rich culture.
- It has been consistently named as one of the top institutes in India for pursuing an MBA.
- In 2023, it was ranked 17th in the NIRF ranking.
- The institute has well-designed curriculums that are focused on meeting the industry requirements.
- The management department has praise-worthy placement records with the majority of students grabbing dream placement offers.
- The highest placement as recorded this year is INR 21.89 LPA and INR 16.93 LPA is the average LPA.
- The top recruiters visit this institute during the placement season. Some of them are Dell, Accenture, P&G, Standard Chartered, etc.
Which college is better for an MBA in marketing: NMIMS Mumbai or MICA Ahmedabad?
If you are looking for a college with a strong faculty pool, it's worth noting that MICA's faculty pool is better. Their faculty members have done impressive research work, and they've had CXO-level professionals from FMCG, FMCD, Advertising, and BFSI sectors take classes as visiting faculty and guest industry lecturers.
Both MICA and NMIMS have extremely strong alumni networks with alumni in impressive positions and careers. However, if you are interested in marketing specifically, MICA's alumni may be more advantageous as they have traditionally dominated this field.
Regarding placements, NMIMS has a slight advantage in terms of median and average packages. However, it's important to consider that the profiles that come to each college are different. While MICA is well-represented in other sectors, they haven't had consulting companies on campus, while NMIMS has been lagging in Advertising.
The fee and ROI are similar for both colleges, and they have similar student pools. However, a key differentiator is Campus Life. MICA has one of the most beautiful campuses in India, spread across 19 acres with over 3000 trees and well-maintained. In contrast, NMIMS is a typical 7-floor conglomerate office with zero foot space outside the building, and students do not live on campus.
These were essential parameters that mattered to the person who conducted the research, and they ended up selecting MICA over NMIMS. If these factors are important to you, then MICA might be the better choice for you too.
Which are the best institutes for studying Family Business Management in India?
In general, people consider family business doesn't need formal education for it. This is the reason why they fail horribly at escalating their business. After a few generations, the business can't withhold the evolution of the industry and gets diminished.
Below given are some of the best b-schools for studying Family Business Management in India.
|
B-School |
Courses |
|
SP Jain Institute of Management and Research |
Post Graduate Program in Family Managed Business & Owner Management Program |
|
Indian School of Business |
Management Programme for Family Business |
|
IIM Bangalore |
Management Programme for Entrepreneurs and Family Businesses |
|
Institute of Management, Nirma University |
MBA in Family Business & Entrepreneurship |
|
SVKM’s NMIMS School of Business Management |
MBA in Entrepreneurship & Family business |
|
Universal Business School |
PGP in Family Managed Business |
|
Amity University |
MBA in Family Business Management & MBA in Entrepreneurship |
Business people do need to invest their time and money in learning the tools of the trade. SP Jain Global has been in the industry for quite some time now and has been regarded as the best in the business and they have evolved their business through generation. So the SP Jain Global would be the potential choice to learn about Family Business Management.
Apart from XLRI, TISS, SCMHRD, SIBM, etc., which IIMS can one prefer for good HR placements?
IIM Ranchi has a good HRM program among the IIM. IIM Kozhikode also has a great HR faculty. But most IIMs don’t have well-designed HRM courses. Also, very few recruiting companies offer HR job roles at the placement drive of IIMs. Usually, most companies prefer students from XLRI, TISS, SIBM, SCMHRD, etc. for HR job roles.
Which college should you choose for Operations management: IMT Ghaziabad, IMI New Delhi, or SIOM Nashik?
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.
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