Which is better in BIMTECH, retail or insurance?

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Meghamollar Roychowdhury Posted On - May 27, 2023
Birla Institute of Management Technology

Even though BIMTECH is synonymous with top PGDM programs, choosing from the vast array of programs it offers can be challenging. All of its programs are created using a thorough design process to adhere to national and international standards.

While picking a course must always be based on your area of interest, there are other aspects that can influence your choice. Here are a few of the main criteria that could aid in your decision between insurance and retail.

Some salient features of the Retail Management course:

  • Well-accredited: Accredited by the NBA (National Board of Accreditation). BIMTECH also has tie-ups with the Retail Association of India.
  • Practical Knowledge: The pedagogy at BIMTECH consists of case studies, live sessions, seminars, and live projects coupled with a short-term project to understand the tools, techniques, skills, and concepts that make up a successful retail manager.
  • Training: While still in college, students experience a retail store’s functioning as a part of field learning initiated through tie-ups with various institutes
  • Industrial Visits: The RM program also helps students get familiar with industry experts, and industrial visits are organized during the course.

Some salient features of the Insurance Management Course:

  • Well-accredited: Accredo By the NBA (National Board of Accreditation). The college also has a tie-up with Swiss Re Global Services, Bangalore.
  • Global touch: For a global exchange program, BIMTECH has teamed up with the Life Office Management Association (LOMA) in the US.
  • Well-designed course structure: The course is structured with demanding live sessions, seminars, case studies, short-term projects, guest lectures from experts, industrial trips, and interactions with seniors working in the sector to give potential insurance managers a real-world once-over.

Placements are another crucial factor to take into account. While the college has enough connections for placements in the retail management course, the same cannot be said for the insurance management course. Enough companies extend offers to students in the insurance management domain, yet the return on investment is lower than retail management.

In the insurance sector, there are very few chances in the domestic market. But in the global market, there are a number of well-paying positions, giving you more options to investigate.

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