Which college should I choose between NMIMS Mumbai and IIFT Kolkata for MBA?

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Sunayana Mukherjee Posted On - Aug 23, 2022
studied at Indian Institute of Foreign Trade

NMIMS Mumbai is a better option among these, especially for Finance specialization. Located in Mumbai, the Finance capital of the country, it offers huge locational advantages. Many big names in the Industry take part in NMIMS Mumbai placements. Infosys, Accenture, Aditya Birla Capital, etc. took part in the 2022 placement drive. The average CTC offered to students this year was INR 19.40 LPA. 

NMIMS focuses on hands-on learning. Various learning resources offered by the institute includes Bloomberg labs, access to a huge repository of market data and e-journals, WeCare internship program, etc. 

Although NMIMS has a large alumni base, in terms of facilities, and exposure, it is better than IIFT Kolkata. 

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Somdatta Satpati Posted On - Jul 9, 2021
Studied at IEM Kolkata (2019)

Now this answer depends on whether you have already made up your mind on the specialization you want to choose or not. If you have then these are the options –

Finance – Both NMIMS and IIFT Kolkata are pretty close and are known for their finance profiles. NMIMS Mumbai beats IIFT mainly due to its location in Mumbai and the job profiles it offers.

Marketing

  • NMIMS Mumbai has the location and more good profiles advantage.
  • Marketing is opted by a large number of students.
  • NMIMS Mumbai has nearly double the batch size of IIFT Kolkata which leads to more competition. Thus I would say IIFT makes a better choice.

Consulting/Strategy

  • It is the least popular specialization at IIFT and many good consulting firms also do not visit their campus.
  • Although NMIMS Mumbai is also not very well known for it, still it will offer better opportunities than IIFT.

HR

  • NMIMS Mumbai has a separate HR program apart from the flagship MBA program.
  • IIFT does not even offer HR as a specialization.
  • Typically you should avoid doing HR from NMIMS Mumbai but among the two it is the only option.

Operations

  • IIFT is known for its operations profiles.
  • NMIMS Mumbai is not even among the top 3 colleges in Mumbai for operations. So undoubtedly IIFT.

Now there are many who are still undecided about the specialization they want to pursue or are considering doing General Management. For them these all factors should matter more while choosing a college –

Categories

NMIMS Mumbai

IIFT Delhi

Number of recruiters

163

107

Highest salary

INR 34.72 LPA

INR 75 LPA (International)

INR 46.45 LPA (Domestic)

Average salary

INR 18.45 LPA

INR 20.48 LPA

It is pretty difficult to actually choose one among the two as both are almost similar in many ways and have their own advantages. I am inclined towards NMIMS Mumbai a bit more but then anyone of the two is good and it will be your own choice.

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