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Which is better: PGDM or MBA from NMIMS?
MBA and PGDM are more or less similar. The latter is considered to be a diploma and the former a degree. The Mumbai campus of NMIMS provides an MBA degree and a PGDM degree.
If you pursue an MBA you will be studying more of the theoretical aspects of management. An MBA institute will be following a fixed curriculum as it will be based on the university guidelines.
If you are pursuing a PGDM course you will be gaining knowledge regarding building soft skills and the programme is more industry-oriented. An autonomous institute does not have to follow university standards, so it is free to change its curriculum according to industry standards and change in the business environment. The course will prepare you for a senior level position in a company.
It is suggested that if you are willing to do business management, be it MBA or PGDM, consider only the Mumbai campus, as it has better placements and opportunities than Hyderabad or Bangalore.
How good is it to do Distance MBA from NMIMS?
NMIMS as a brand is really good. But the distance learning program provides much fewer opportunities to students than regular courses.
It is considered as a mere certification program, as they lack the critical elements like involvement in group projects, rigor of the full-time curriculum and peer-to-peer learning.
Hence, it is suggested that if you can afford it, opt for a full-time 2-year PGDM program. IISWBM Kolkata, ITM Mumbai, ASB Hyderabad, GIBS Bangalore, GLIM Chennai, etc. will be a good choice.
How much score is required in NMAT to get a call from NMIMS?
The cut off for NMIMS Mumbai usually ranges from 208 to 211. But in the 2020 of the NMAT exam, students are seen scoring massive scores like 264, 242. So, the cut off might increase.
| Campus | Cut Off Score (NMAT) |
| NMIMS Mumbai | 235+ |
| NMIMS Bangalore | 220+ |
| NMIMS Hyderabad | 210+ |
| NMIMS Indore | 200+ |
| NMIMS Navi Mumbai | 180+ |
Overall, the expected cut off ranges from 215-235. Therefore, 220+ is a safe score to target in order to get a call from NMIMS Mumbai.
How is NMIMS Mumbai for its management programmes, in comparison to the old and new IIMs and some other good colleges?
Comparing NMIMS to the old IIMs like A, B, C, K, I, and L is completely illogical so let’s not do that. NMIMS Mumbai Campus is still comparable to the new IIMs in certain aspects. It is slightly better than new IIMs. Some points that favor this statement are
- The infrastructure and in-campus facilities are a notch above the new IIMs
- The peers are passionate learners ready to face life challenges that occur as a result of staying in Mumbai.
- Another unique aspect of the college is its induction programs and tours that no other college offers. This helps develop students' confidence and provides maximum exposure to them.
- There is a certain level of harmony between the seniors and juniors
- The grading system is strict and one cannot miss a class more than the limitations of the course.
- classroom learning is an exciting experience that involves activities and other interesting learning methods.
- The total marks are a mix of every aspect like trimester exams, attendance, and class participation.
- Various clubs and committees host cultural and social events. They also hold business events which are very beneficial for students aspiring to become managers
- When it comes to placements, the average package in NMIMS is higher than that of new IIMs. Also, Mumbai Campus has 100 percent placement opportunities.
Therefore the excellent bridging of theoretical knowledge and practical approach makes it one of the most coveted B Schools in India.
Which college is better among NMIMS Mumbai and IIFT Kolkata?
My friend is studying with NMIMS and it's good and easy to get into as well. There are 3 attempts available for NMAT whereas IIFT is a step higher on the difficulty scale. The positive aspect of this is that the crowd at IIFT has intellectuals.
Apart from this, here are some more highlights-
- IIFT is well known as a trade research and consulting institution in India. Its personal brand is now part of the 'top b-schools in India' lists. It has also been ranked in the top 10s.
- Whereas NMIMS is a new school and is a step lower in branding but it's trying its best to catch up.
- The batch size of IIFT is half that of NMIMS. So IIFT becomes for those with decent academic scores, a place of success where they get to be top profiles. In NMIMS it becomes a struggle.
- Students in the Kolkata campus are able to apply to companies visiting IIFT Delhi as well.
- As for the location, Mumbai is a buzzing city and Kolkata is mellowed but dreamy. If you choose to go for NMIMS, then know that it doesn't have a hostel life. Students live on rent near the campus. IIFT Kolkata does have hostels.
- The mess at IIFT Kolkata is pretty decent and the hostel has single sharing accommodation which is rare for most B-schools. All in all, IIFT has a better hostel life than NMIMS.
Lastly, you'll have to pay more at both colleges but IIFT would be INR 3-4 lakhs cheaper than NMIMS and IIFT has a stupendous alumni network in the area of international trade. You may now decide based on your future goals.
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.
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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