Yes, an MBA from LBSIM is worth the investment. It has a 100% placement record and offers great ROI. LBSIM placements 2022 concluded with an average CTC of INR 11.30 LPA.
The academics are effective. You will learn through live projects and hands-on experience. It is a student-driven institute, during your MBA, you will get to learn each and every aspect of the industry. There are many academic and non-academic clubs at LBSIM, that help student lay off stress. LBSIM alumni are working at reputed companies like the Big four, Crisil, Marsh & Mclennan, etc.
Given below is a brief comparison between LBSIM and FORE School of Management.
Particulars |
LBSIM |
FORE School of Management |
Established |
1995 |
1981 |
Rank |
76 |
43 (NIRF) |
Accreditation |
AICTE, AIU, NBA |
AIU, AICTE |
Specializations |
General, Finance, Logistics and Supply Chain Management, Research and Business Analytics |
General, International Business, Big Data Analytics, Financial Management |
Intake |
420 |
420 |
Course fee |
11.67 lakhs |
15.98 lakhs |
Entrance exams accepted |
CAT/GMAT/NIMCET |
CAT/XAT/GMAT |
CAT cutoff |
80 |
85 |
Selection |
Written Ability Test (WAT), Personal Interview (PI), Group Discussion (GD) |
Written Ability Test (WAT), Personal Interview (PI), Extempore, Business Awareness Quiz (BA-Q). |
Placement rate |
100% |
90% |
Average CTC |
9.2 LPA |
10.6 LPA |
Highest CTC |
28 LPA |
30 LPA |
Top Recruiters |
Accenture, HDFC Bank, Click labs, Asian Paints, etc. |
Kotak, Nestle, JP Morgan, Axis Bank, etc. |
LBSIM and FORE School of Management offer similar academics and placement opportunities. However, LBSIM has a higher ROI than FORE due to less course fee.
One of my friends studied in LBSIM. According to him, when it comes to the courses in LBSIM, it comprises 2 courses, namely, PGDM General and PGDM Finance.
Categories |
LBSIM |
Course Fee |
3.48 - 15.29 lakh |
Highest CTC |
12 LPA |
Average CTC |
9.9 LPA |
Recruiting Companies |
Accenture, Capgemini, TCS, Oracle, etc. |
The other advantages of the Institute include guest lectures, the location being Delhi, the Capital of the country with Noida and Gurgaon as the working sectors give a lot of job opportunities.
Along with these, the college gives a lot of exposure in the corporate world and also the famous and reputed industrialists come for visits, seminars, and lectures. The Institute according to its ranking provides good exposure.
Honestly speaking, TAPMI, FORE, and LBSIM are very similar in terms of curriculum. Many of my friends have completed PGDM from FORE and TAPMI. Even the comp ones that visit the campus for placements are very similar and not much comparison can be done between the 2 B Schools. The placements report too will reveal a similar list of companies visiting. Some minor differences between these B Schools are
Recruiters consider all top 2 B Schools in the same league. What matters more than your B School choice is what you plan to do from your PGDM course.
According to the official placement report of NMIMS Bangalore, the average placement was 14 LPA.
Many MBA colleges provide placement report which is inflated, they made a few students who opt out of the placement process. However, this is not the case with NMIMS Bangalore, the data provided by them is quite accurate.
If you have any offers from IIMs (baby and new) then go for it otherwise NMIMS is a decent option and between NMIMS, LBSIM, and FORE. The average salary offered at LBSIM is 12.42 LPA, and the average salary at FORE has been 14.5 LPA in recent years.
This is always a tough question to answer. You can consider a number of assumptions in order to shortlist the business school you would like to go to. You can compare the one you like to them and make your decision:
You should choose wisely and make your decision accordingly.
My sister has completed her 1st year of PGDM-General this year, and according to her experience, LBSIM provides you with great opportunities all the way. Following is a general routine you can expect once you get in there.
Overall, LBSIM Delhi provides a lifetime experience of a great curriculum, facilities, and opportunities. However, what makes it more special is the campus life as you meet new people and make memories you will cherish your whole life.
The choice here ultimately comes down to your interest. First, decide whether you are interested in pursuing specialized MBA courses like MBA in finance or are you more inclined towards MBA general where you can opt for a specialization in your second year.
I have some friends at LBSIM Delhi. So, can give you some insight into the institute.
Specializations: You will be having a variety of specializations to choose from if you go for LIBSIM. You will get an enormous amount of exposure in terms of corporate, guest lecturers, meet-ups with major industrialists if you opt for this B-School.
Location: When it comes to location, there is an advantage too, located in Delhi which is India's capital and surrounded by two major industrial hubs, Gurgaon and Noida.
Alumni Base: Alumni base of LIBSIM is strong and the institute has maintained an amazing placement record as well.
2021 Placements |
|
Average CTC |
9.2 LPA |
Highest CTC |
32 LPA |
No of recruiters |
80+ |
Major recruiters |
Classplus, Microsoft, Capgemini |
Other B-Schools in India ranging equal in terms of ranking like Nirma fail to meet up the expectations of students as LIBSIM has set the bar too high.
One of my friends applied for PGDM Finance at LBSIM last year and was shortlisted for the interview round. Here are the questions that he had to answer during his interview.
There was a year gap after his graduation, so they asked what he did in that time period. He explained that he was self-employed. After the brief introduction, the following questions were asked.
To his surprise, he wasn’t asked the general questions like Why MBA? Strength and weakness, etc. Overall his experience was good and he was able to convert the call.
The ranking of LBSIM is not that great as it doesn't appear on the list of top 10 business management institutes of India. But if you want to do PGDM from this college, then go for PGDM finance as this domain comes in the list of the top 10 careers.
The future of PGDM finance is very good and if you had commerce during your graduation, then it will get very easy to understand the concepts and complete your syllabus, but if you aren't from a commerce background, then it can be difficult for you to cope up with the syllabus.
The placement opportunities of LBSIM are very good as the placement records are 100% and around 96 companies visit the campus for interviews.
Hence, PGDM finance from LBSIM will be a very good option as this course comes in the list of top 10 courses and the placement records are also very good for this course.