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How good is KJ Somaiya for a PGDM in Retail Management? How are it's placements and average package?

PS
Prasad Sawant Posted On : December 26th, 2022
MBA from K.J. Somaiya Institute of Management Studies and Research (SIMSR) (Graduated 2019)

The PGDM in Retail Management at KJ Somaiya is a relatively new course and not much can be said about its worth. But I have a friend who is currently pursuing RM at KJ Somaiya. According to him, it’s a good choice for someone with interest in this field to pursue this course because

  • The courses at SIMSR are at par with international curriculum.
  • Great exposure and learning through events held throughout the year. One such main event is the Retail Mela.
  • Many committees and student clubs have been set up to promote extracurricular activities 
  • The faculty is experienced and qualified. It does not undervalue the new courses at all.
  • One of the best campuses of India with great infrastructure and facilities.
  • The companies that you should aim for are Ikeya, Walmart ,Future Etc.

All this makes the course worth trying.

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I've got selected in IBS Hyderabad, XIME Bangalore and BIMTECH (Retail Management) which among the 3 should I go for?

BG
Bidita Ghose Posted On : May 16th, 2023
Lives in Bengaluru, Karnataka, India

IBS Hyderabad, XIME Bangalore, and BIMTECH are well-known Indian B-schools with distinct capabilities. 

IBS Hyderabad has a robust curriculum, skilled professors, and a focus on practical learning through case studies and industry linkages. Many top corporations hire from the institute.

XIME Bangalore is another top B-school with industry links and entrepreneurial orientation. The institute partners with numerous top companies to provide internships and actual projects for students.

BIMTECH specializes in retail management. Its comprehensive retail management program includes supply chain management, marketing, and merchandising. Many top retail companies hire from the institute.

Take BIMTECH only if you are interested in Retail Management, otherwise, any one of the 2 are at par with the other for general management.

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Which college is better for pursuing retail management, Bimtech Noida or Jims Rohini?

TA
Tithi Aggrawal Posted On : April 28th, 2023
Studied at Birla Institute of Management Technology

BIMTECH is a pioneer institute when it comes to retail management, they introduced this program in the year 2002 way before any other institute. The course was developed in the year 2002 and is continuously updated throughout the academic years according to industry requirements.

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Which is better in BIMTECH, retail or insurance?

MR
Meghamollar Roychowdhury Posted On : May 27th, 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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What is the scope of retail management in BIMTECH?

TA
Tithi Aggrawal Posted On : May 25th, 2023
Studied at Birla Institute of Management Technology

BIMTECH offers a PGDM program in retail Management(PGDM-RM) which provides students with the information and required skills needed for a successful career in retail management. With the retail industry growing at a rapid pace, BIMTECH offers a ton of opportunities to its management graduates.

Some of the job roles that you can get into after pursuing PGDM-RM from BIMTECH Noida include

  • Retail Manager
  • Category Manager
  • Supply Chain Manager
  • Store Operations Manager
  • E-commerce Manager
  • Merchandiser
  • Marketing Manager
  • Customer Service Manager
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What companies participated in XIMB RM summer and final placements and what stipends did they offer?

AB
Akriti Banerjee Posted On : May 18th, 2023
lives in New Delhi

XIM Bhubaneswar has an excellent placement record, with the average CTC (Cost To Company) being 18 LPA, higher than the previous year. The average CTC for MBA in Rural Management was 8 LPA, indicating that the placement season was quite successful. Xuberance 2023 had a total strength of 356 students out of which 12 students got placed by Titan and Tata Steel company. Prominent recruiters participated during XIMB Xuberance 2023 which include Microsoft, Amazon, Arcesium, Tata Steel, Reliance Jio, etc. For the Summer placements, the recruiters were Godrej, Deloitte, Microsoft, Tata Steel, ICICI, Bain, Titan, L’Oreal, Flipkart, Crisil etc.

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Which one is better, BIMTECH (RM) or IBS Mumbai?

TA
Tithi Aggrawal Posted On : April 19th, 2023
Studied at Birla Institute of Management Technology

BIMTECH Noida is a better choice compared to IBS Mumbai. BIMTECH(RM) offers approximately the same kind of placements as other domains in BIMTECH.

In regard to placements, BIMTECH is truly superior to IBS Mumbai. The placement highlights for the year 2022 depict the same as well –

Categories

BIMTECH Noida

IBS Mumbai

Percentage of placements

96.59%

95%

Average CTC

INR 8.90 LPA

INR 7.14LPA

Highest CTC

INR 18 LPA (Domestic)

INR 23 LPA (International)

INR 15 LPA (Domestic)

INR 53 LPA (International)

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How is RM at BIMTECH in terms of placement, campus life and ROI?

GS
Gaurav Sharma Posted On : May 8th, 2023
studied at Xavier School of Management

Retail Management placed 94%-100%. Average income is 7 LPA, highest is 9-10 LPA. Landmark Group, Infosys, Titan, Bata, and others recruit campus. 60% intern. Students cope. Retail management is B2B or B2C. B2C and sales managers are offered.

 BIMTECH places students. Aditya Birla Retail, Amazon, Big Bazaar, and Future Retail hire RM candidates at BIMTECH.

BIMTECH students are diverse and active. The institute hosts guest lectures, industrial visits, sports contests, cultural activities, and management fests year-round. The campus has a well-stocked library, computer labs, Wi-Fi, and other learning facilities.

BIMTECH's RM programme has good ROI. RM students pay 12–13 lakhs and earn 7-8 LPA. Thus, the ROI is typically 1:1, indicating the programme money can be repaid in one year of employment.

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