Which is better between IIFT Kolkata and SJMSOM?

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Sambhavna Aggarwal Posted On - Nov 11, 2020
Studied at Indian Institute of Foreign Trade, Delhi

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:

Categories

IIFT Kolkata

SJMSOM

Placement percentage

100%

100%

Highest package

INR 1 Crore

INR 32.8 LPA

Average package

INR 20.07 LPA

INR 20.98 LPA

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. 

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