Which is better between IIFT Kolkata and SJMSOM?

IIFT Kolkata ranked 31st in India 2019 and the only institute that has been consistently ranked among the top 10 B-Schools in the country. 

SJMSOM ranked 11th in the management category in the NIRF Rankings 2020. The institute consists of a faculty strength of 30 members.

Admission process:-

IIFT Kolkata

• Minimum of 50% marks in a bachelor’s degree. 
• The cutoff required in the GMAT exam for this course is 115-118 out of 300.
• The total fees required is INR 7.6 LPA. 
• The total intake is 140.

SJMSOM

• A graduation degree in any subject with a minimum of 60% marks from a recognized university.
• The candidates will be shortlisted based on the written test and personal interview conducted by the institute. 
• The cutoff required in the CAT, XAT, GMAT exams is 90.
• The fees required is INR 9.61 LPA. 
• The total intake is 152.

Placements

IIFT Kolkata always maintains 100% placements every year. The highest package received is INR 1.5 crore in 2019.

SJMSOM witnessed 100% placements yet again in the 2019-20 placement drive. The institute also saw a steep hike of 14% in the average salary since last year.

The table given below shows the placement statistics of both institutes:

The top recruiters are Axtria, Polycab, Zomato, Paytm, Google, PwC, L&T, JP Morgan, Accenture, etc.

Facilities

• IIFT Kolkata is a veritable storehouse of information and includes almost 3780 books in all the areas relevant to management. 
• The labs at IIFT Kolkata are well equipped with the latest computer technology with Wifi enabled facilities. 
• The library of SJMSOM has a total of 6638 books and 851 journals on relevant topics. 
• SJMSOM has two computer labs for the management programs and are connected to 100 Mbps LAN.

IIFT Kolkata is essentially a B-School offering MBA in various disciplines like marketing, finance, strategy, etc. SJMSOM is an IIT and not a traditional B-School but is quickly finding its way into the top bracket. 

IIFT Kolkata provides a lot of opportunities to initiate new developments and contribute to the new campus. Although SJMSOM might have better placements in technology and other allied sectors, IIFT Kolkata is arguably a better business school than SJMSOM.