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Which one should I choose: MBA at IIT Kharagpur (operations) or IMT Ghaziabad (finance)?
IIT Kharagpur for operations would be better than IMT Ghaziabad (finance). As IMT Ghaziabad is more famous for its marketing course than finance. IIT Kharagpur is known for its operations management program and has a strong reputation as an institution of the Indian Institutes of Technology (IITs). A few key aspects of IIT Kharagpur are as follows:
- In 2023 IIT Kharagpur secured 14th rank among all top management schools in India. This does reflect its academic excellence, infrastructural abilities, faculty strength, and placement records.
- The faculties are adequately skilled and helpful while imparting quality education.
- The hostel's amenities include triple and double sharing, as well as all the essentials. The food is of high quality, and you will have four meals. The admissions procedure includes signing up for the hostel. Accommodation in a hostel is required for all students.
- IIT Kharagpur placements 2023 have been concluded. IT Kgp highest package stood at INR 43.37 LPA whereas VGSOM IIT Kharagpur's average package stood at INR 22.13 LPA.
So based on these aspects IIT Kharagpur is a better option for pursuing an MBA in operation management.
How is IMT Ghaziabad if you get a PGDM (finance) here?
IMT Ghaziabad consistently ranks amongst the top 20 MBA colleges in the country. In terms of exposure, you will have the opportunity to interact with good visiting faculty and your batchmates will be people who have ranked amongst the top percentile in CAT. The college also has a vibrant campus life with lots of extra-curricular activities. However, like all private-funded colleges, there are certain seats allotted to the management quota.
When considering attending IMT Ghaziabad, it is important to consider your career goals. If you are looking for a pure finance role (PGDM) in front-end Investment banking or PE, IMT Ghaziabad may not be the best fit, as core finance roles are limited. However, there are opportunities for corporate finance jobs and banks visit campus for recruitment.
How are the placements in the NL Dalmia College for an MBA in finance?
NL Dalmia placements are good for MBA in Finance. During 2022 placements Finance was the top sector recruiting students. Students received an average CTC of INR 6.5 LPA. The highest CTC offered in this sector goes up to INR 13 LPA. Some of the major recruiters from the Finance sector are Crisil, HDFC, Amul, City Bank, etc.
What is the difference between PGDM BFSI and PGDM Finance at IMT Ghaziabad ?
The emphasis of the curriculum distinguishes the IMT Ghaziabad PGDM Finance programme from the full-time PGDM program. A general management education, including instruction in marketing, finance, operations, and strategy, is provided via the full-time PGDM programme.
The program's participants will enroll in a range of business-related courses. On the other side, the PGDM Finance programme specialises in finance and related fields. With the option to specialise in fields including corporate finance, investment banking, and financial analysis, students in this programme will take courses that are highly focused on accounting and finance.
Which is better, IMI Delhi PGDM or IMT-G PGDM Finance?
Both the options you mentioned, IMI Delhi PGDM and IMT G Finance are good in their own individual aspects. So you should rather be asking which is better for you. Now this depends on what you really want from your PGDM. By choosing PGDM Finance you will limit yourself only to the Finance sector, whereas a PGDM core will give you a chance to explore various domains before selecting your specialization. The former is a good option if you are certain about your interest in Finance and want to excel in that sector no matter what while the latter is good if you are open to all options.
Talking about IMI Delhi in general, the B School offers an abundance of opportunities through student bodies and other student driven activities. Moreover the additional locational advantage is what makes it a fairly good option. The batch size is also not too big and thus balances the student teacher ratio.
Placements are pretty decent at IMI Delhi. The IMI Delhi average package (overall) offered during 2023 placements was INR 17.01 LPA. For PGDM, PGDM (B&FS), and PGDM (HR) the average package stood at INR 17.20 LPA, INR 16.48 LPA, and INR 15.58 LPA, respectively.
The primary highlight of the B School is its student exchange program wherein students from foreign universities join the B School for a fixed period while students from IMI Delhi visit a foreign university in exchange.
All these factors make IMI Delhi a very good choice in comparison to IMT G.
How good is NL Dalmia for MBA in finance? My other options are SIES (MMS) & Welingkar (PGDM). Any help will be appreciated?
Before joining any college it's better to perform some research on it. The foremost thing is you need to know all the placement details from alumni or the students who are currently studying in that college. Don’t choose a college based only on their advertisement.
Dalmia NL, SIES (MMS), and Welingker(PGDM) all these colleges are well-reputed institutions in Mumbai for management studies. I have friends pursuing their studies at these colleges. Based on what I heard, I will say N L Dalmia is the best college among these three. It has better placement records, ranking, and reputation.
- For Finance specialization, N L Dalmia has a limited student intake, i.e. 60 seats.
- Additionally, the institute has Mumbai's first Bloomberg Finance Lab.
- It has a placement average of 100%. The average package for placement in the finance stream is around 6.5 lacs, while the highest package offered is above 13 lacs.
So, N L Dalmia is definitely a better choice. But before making a decision, do your own research first.
What is the cutoff of NL Dalmia for a PGDM in finance?
NL Dalmia does not follow the exact cutoff criteria. The cutoff ranges from 92 to 95% for the general category. The admission process is based on your score in the entrance examination and the interview conducted by the institute. This institute accepts various entrance examinations like XAT, CAT, CMAT, ATMA, etc. for a PGDM program.
How suitable is Great Lakes, Gurgaon for an MBA in Finance?
I have a friend who is also an MBA Finance enthusiast. He was shortlisted for Great Lakes, Gurgaon- specifically for Finance. My answer would be more conversational and definitely does not intend to be any sort of advice as eventually, it is your call.
For studies, Great Lakes is a good choice to opt for. But here, what happens to be even more prioritized is the job profile of working under Finance.
The industry of Finance specifically has a range of 10% of jobs to offer along with 50% reserved for marketing and for operations, which is 30%. Last year, 21% of the recruiters were from BFSI out of only a small range of 10% were provided a job in Finance. Others are compelled to opt for sales. Many students end up opting for it as MBA Finance leaves them indebted and they are in dire need of a job to pay off the loan.
If you have enough confidence, do go for it. But then, if you consider yourself to be and stay your average self, there is something you need to work on.
What should be preference order of IMT Ghaziabad courses- PGDM, PGDM marketing, PGDM finance, PGDM DCP, PGDM banking, insurance and financial services?
IMT Ghaziabad offers a variety of courses that cater to various specializations. These courses have been listed and explained in their order of preference
- PGDM Marketing/PGDM Full Time (Marketing): This is the most coveted program among IMT students mainly because today its alumni have acquired top positions in big firms. Other major reasons include top-notch faculty, great internship and placement opportunities in terms of role and CTC, IMT’s eligibility, and excellent performances in recognized marketing and strategy B Schools competitions.
- PGDM Finance/PGDM Full Time (Finance): This one is most suitable for aspirants who are interested in Finance. However, this program offers lesser opportunities than the Marketing program in terms of role and CTC.
- PGDM Full Time (Operations): This program offers opportunities similar to that of Finance. But the batch size of PGDM Operations is smaller than PGDM Finance, so it may be easier to secure an internship/final placement, but the opportunities come less compared to Finance.
- PGDM DCP: DCP or the Dual Country Program is for those who are keen to get international exposure. Compared to an MBA from a foreign university, this program is cheaper and yet offers an opportunity to explore a different culture and learn to make decisions in an international context. This is best suitable for those who are in the Marketing domain.
- PGDM Banking and Financial Services (PGDM-BFS): This program was launched in 2019 and is relatively newer. It targets the core Banking and Finance sector. While the MBA program aims to provide a holistic view of management, this program solely focuses on Banking and Finance.
- PGDM Full Time (HR): This is the least taken course and offers very less in terms of opportunities.
The courses have been arranged preference-wise so will make it easy for you to choose one.
Is ISBR college in Banglore good for PGDM course in finance?
ISBR is considered one of the best B-Schools in Bangalore. One of my friends has studied there and it has helped him in shaping his personality.
Here are the following reasons why ISBR is an idle college for PGDM.
- The faculty of ISBR is professional and skill. They will help you and provide you with all the training like panel discussion, pre-placement talks, seminars, workshops, industrial visits, and education tours.
- Top recruiters like Morgan Stanley, KPMG, Goldman Sachs, and many more have visited the campus. The institute also invites guests from various backgrounds to interact with students.
- The updated curriculum gives industrial knowledge and helps you learn about the market needs.
- The placement cell of ISBR is good. It will also assist and trains you for an interview before final placement. The recruiters also provide decent CTC packages.
- ISBR helps students gaining soft skills and presentation skills.
The following table shows the placement statistics of the PGDM Finance at ISBR:
|
Highest Package |
28 LPA |
|
Average Package |
5.8 LPA |
|
Ranking |
1st among New Generation B-Schools by DM B-School Survey |
|
Awards |
Best B-School of Year by Public Relations Council of India |
Therefore, you can join ISBR for the PGDM course. As along with theoretical knowledge, the institute also grooms students in gaining practical knowledge through the various industrial visit and pre-placement talks. So, if you are thinking to join ISBR, then you must go for it.
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