IFIM Business School is one of the best private B-Schools in India, placing 26th in the NIRF rankings. It is also AACSB-accredited and a member of AACSB International.
Overall, IFIM Business School is a recognized university that focuses on providing its students with industry-relevant education. It is absolutely worth considering for an MBA program.
It is important to note that when it comes to placements in tier 3 B-schools, the job profiles offered are generally similar, with a focus on sales. However, the location of the B-school can have a significant impact on the placement opportunities available to students.
In cities where there are multiple B-schools located, such as Bangalore, Hyderabad, and Mumbai, competition between schools can be high, which affects the placements available to students. In contrast, schools located in cities without significant competition, such as IMI Kolkata and IMI Bhubaneshwar, may provide more reliable and decent placement opportunities.
Both the colleges are moderate and have no feature that makes them stand out from the other. IFIM Bangalore is a bit overestimated but has been able to make a mark in the Finance sector.
IBS Hyderabad on the other hand is a brand name and has been there for decades. It attracts over 1000 students every year making it one of the most coveted B Schools of the country.
The best way to find out which is a better choice is through comparing the high fees with the average package and concluding the estimated ROI.
Fees
IFIM Bangalore - ?4.65 Lakhs (1st Year Fees)
IBS Hyderabad-INR 16.02 MBA Program
Average Salary
IFIM Bangalore - INR 7.5 LPA
IBS Hyderabad - INR 11.70 LP
Other top tier colleges include
ASB is a rather good choice in terms of ROI.
First of all, congratulations on graduating and making the best decision to opt for an MBA in Finance. You have to carefully examine the infrastructure, fees, facilities, and faculties before confirming an institute, and this is a crucial step for every candidate.
Let us have a brief comparison of the colleges you have preferred-
So, you can go with the option of Welingkar School for your studies.
IFIM Bangalore and IMT Hyderabad are distinguishable institutes. Let us have a detailed view of both the institutes
IMT Hyderabad
This institute was established in 2011. They offer courses including PGDM, PGDM Marketing, Finance, HRM, and many others.
Faculty – IMT Hyderabad provides corporate faculty and practitioners from different business segments to conduct one-third of the classes.
Placement
Particulars |
Placement Statistics 2021-22 |
Recruiters participated |
50+ |
New Recruiters participated |
20 |
Placement percentage |
98% |
Highest CTC |
INR 16LPA |
Average CTC |
INR 9.4 LPA |
Exams Accepted – CAT, XAT, GMAT, and CMAT
IFIM Bangalore
This institute was established in 1995 and is located in Bangalore. They offer programs including PGDM, PGDM Finance, PGDM-IB, etc.
Placement
Particulars |
Placement Statistics 2022 |
Average package |
INR 7.5LPA |
Highest package |
INR 15LPA |
Placement Percentage |
96% |
Exams Accepted – CAT, XAT, GMAT, CMAT, and MAT
So, comparatively, IFIM Bangalore might be a good choice
I have rated below these business schools on a scale of 1 to 10, where 1 is the lowest rating and 10 is the highest:
In terms of expenses, ITM Navi Mumbai is a bit less affordable than IPE Hyd for your PGDM. However, as a future manager in making, what you should consider is the ROI.
Here are the course fee and placement details for PGDM at these institutions-
Particulars |
ITM Navi Mumbai (2022 placements) |
IPE Hyderabad (2023 placements) |
---|---|---|
Course Fee |
INR 10.95 Lakhs |
INR 8.15 Lakhs |
Placement Percentage |
100% |
77.77% (as on June 23, 2023) |
Highest Package |
INR 21 LPA |
INR 24.75 LPA |
Average Package |
INR 8.65 LPA |
INR 7.1 LPA |
Top Recruiters |
Amazon, Shoppers Stop, TNS, Kotak Mahindra Bank, JP Morgan, and LG |
- |
IFIM Bangalore offers an MBA with a course fee of INR 9 Lakhs. It also offers integrated- BBA+MBA and BCom+MBA.
For ITM Navi Mumbai, its proximity to Mumbai is a big advantage. Mumbai is the financial capital of India and has a bigger job market as compared to Hyderabad.
Therefore, for your PGDM, go for ITM Navi Mumbai.
Indian business schools NMIMS Hyderabad and JAGSOM (IFIM Bangalore) offer top marketing MBA programs. Your best option depends on your interests, professional ambitions, and other considerations. Consider these variables before choosing:
Campus life and location also matter. NMIMS Hyderabad is in Hyderabad and JAGSOM in Bangalore. Thus, you should examine the city, campus infrastructure, and amenities like hostels, sports, and clubs.
Both schools have good placement records. However, prior placement data and program ROI must be examined.
NMIMS Hyderabad or JAGSOM for a marketing MBA depends on your tastes and priorities. To make an informed choice, investigate and talk to alumni and students.
IFIM and Jaipuria Institute Lucknow both are highly preferred options when it comes to management studies. Given below is a comparison between the two institutes based on different parameters.
Criteria |
IFIM |
Jaipuria Institute of Management |
Total Fees |
INR 16 lakhs |
INR 10.25 Lakhs |
Average Package |
INR 7.5 LPA |
INR 6.7 LPA |
Highest Package |
INR 19.5 LPA |
INR 18 LPA |
Top Recruiters |
Nestle, FedEx, Deloitte, Tommy Hilfiger, Moody’s, Wipro, |
Amazon, ITC, Asian Paints, Landmark, E&Y, Mahindra & Mahindra |
Sectors |
Advertising, IT, Consulting, NBFC, Service, E-commerce, Manufacturing |
Financial Services, Banking, and FMCG |
No. of companies visiting |
177 |
95+ |
Apart from fees and placement, the few aspects that need to be considered are discussed below.
The preference should be IFIM as it is ahead in academics, placements, and providing the industrial experience. But the choice should be yours depending on the field you are interested in. Jaipuria can be a better choice for students who want to pursue a career in financial services or the banking sector.
My cousin is from IFIM and it's an excellent Institute, not because of its rank or reputation but several other factors as well.
The overall standard at IFIM is excellent. The crowd, professors, fests, workshops, places to hang out - all combine to give you an explosion of opportunities.