Which college is better for an MBA, GLIM, Chennai, or NIBM, Pune?

NIRF ranked GLIM, Chennai as the 18th best management college in India. It is one of the finest Business Schools in the country.RBI established National Institute of Bank Management (NIBM) is among India's reputed business schools. NIBM has been ranked 88th in the 'Top B Schools of India' list popularly known for Finance and Banking.

The table given below shows a brief overview of both institutions:

Admission Procedure:

NIBM:

• The fee structure for the entire duration of 2 years is INR 12,00,000, involving hostel and mess charges.
• The seat intake is around 120 seats.
• CAT, XAT(80%), CMAT(95%) exams are accepted here.
• Followed by writing tests and interviews.

GLIM :

• Candidates must have a bachelor's degree in any branch.
• Candidates in the final year of their course can also apply but only PGDM, not PGPM course.
• CAT/XAT/CMAT/GMAT scores are accepted here.
• Candidates are shortlisted on the CAT/XAT/CMAT/GMAT scores followed by personal interviews.
• The basic fee structure for PGPM is INR 18-20 Lakhs and for PGDM is INR 17-19 Lakhs, including all living expenses.

Infrastructure :

• NIBM campus is centrally air-conditioned and speeds wi-fi service. Cultural festivals are conducted every year. Posses Auditorium, IT equipped laboratories and digital library. Girl's Residentials are fully furnished with strong security 24X 7.
• GLIM has good access to library and AV resources. Holds AC residential accommodations supported with other basic amenities like a mess, TV, security, store, etc. Wi-Fi enabled campus. Supported with other facilities like labs, cafeteria, gym, Hospital, sports complexes, etc.

Placements:

NIBM:

• NIBM assures 100% placement.
• The highest package calculated is around INR
• INR is the estimated average package in NIBM.
• Axis Bank, Deloitte, Federal Bank, State Bank of India, HDFC Bank are some of the prominent recruiters of NIBM.

GLIM:

• The Highest CTC records to be 34.50 LPA and the Average CTC is INR 12.33 LPA in PGPM.
• The Highest CTC records to be and the Average CTC is INR in PGDM.
• 80-90% of GLIM students get placed. 
• JP Morgan, RBS, Mc Kinsley, Indegene, IPAC, ICICI Prudential, etc. are the first time recruiters.

Both the B-School's package range is relatively the same. If you are interested in banking and finance, there is no better match than NIBM but if you are aspiring for something different then your choice may vary. It's totally based on the domain you are interested in.