Ultimately the decision is yours but below is a table showing the current fees (as of 2023, because it is not INR 17 Lakhs anymore), the highest salary package, the average salary package, and the median salary package.

So, considering the RoI, it is really good, as it is a one-time investment of 20.42 Lakhs and you will be getting anything around 33 LPA (more than that as well) if you can keep yourself in the top 50 percent of the batch or placement numbers.

Apart from that you can try for the sabbatical as well if you are not that confident and would love to work in TATA only as it assures of stability of the job. TATA recruits from SPJIMR as well so, don’t worry much and go for it if the opportunity is available.

BIMTECH is a reputed B-school with a focus on experiential learning and industry interface. It has a strong alumni network and offers good placements to its students. BIMTECH is known for its focus on sustainability and social responsibility and has won several accolades for its initiatives in these areas.

Placement of BIMTECH 

Final Placement process for 367 students pursuing PGDM courses from the batch of 2021-23 to 100%. More than 92 organizations participated in the recruitment drive across sectors like Consultancy, Financial Services, FMCG/FMCD, Insurance, IT & ITeS, Marketing, Market Research, Manufacturing, Retail, and Automobiles among others. BFSI, IT & ITeS, and Consulting sectors, with 75 % of the total offers.

• Average of the Top 10% is 15.86 Lakh per Annum
• Average of the Top 25% is 14.31 Lakh per Annum
• Average of the Top 50% is 12.80 Lakh per Annum

Even if operations is not BIMTECH as the core program, they still have superb faculty and a strong placement record in Operations.