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IBS Mumbai, Mumbai Comparison
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IBS Mumbai: 16 Answered Questions
Is the IBS (ICFAI business SCHOOL) Mumbai a good option for pursuing MBA and what are the placement records of IBS Mumbai not only this year but from last 4 to 5 years?
IBS Mumbai can be a good option if you don't have many other choices, but it's important to have a clear purpose for pursuing an MBA from the school.
The teaching methodology and case studies offered by the college are good, but the placement record has declined over the years due to an increase in the number of students.
The institute filters students very heavily, leading to the debarment of below-average students, and approximately 30% of the total crowd is left unplaced. Therefore, prospective students should invest wisely and choose their field of study wisely.
IBS Mumbai can be a decent option for pursuing an MBA, but it's important to consider the placement record, the teaching methodology, and the value the degree would add to your career goals before making a decision.
Among Kirloskar, ITM (Navi Mumbai) and IBS (Mumbai, Kolkata), which is best for an MBA?
If you’re only concerned about the ROI, IBS Mumbai could your best bet since it is leading the table.But I believe there is more than one way to assess a B-School so we’ll also compare the campus lives and see if it changes anything. So, IBS Mumbai and Kolkata both came into existence in the year 1995 and have a beautiful campus although it’s not as huge as the Hyderabad campus, you’ll get the corporate feel here.
All three colleges have a vibrant culture where you get to be part of some club or committee and get to explore.
|
Institute |
Fee |
Highest LPA |
Average LPA |
|
ITM Navi Mumbai |
10 Lacs |
12 |
5.23 |
|
IBS Mumbai |
9 Lacs |
15 |
7.14 |
|
IBS Kolkata |
9 Lacs |
12 |
6.91 |
These are the latest data available on the websites of the colleges and might not reflect the current placements data.
What are the disadvantages of getting a PGPM degree of 2 years from IBS Mumbai?
IBS Mumbai, a top Indian business school, provides a two-year PGPM (Post Graduate Programme in Management). Before enrolling in the program, analyze its pros and cons. Some drawbacks:
- Cost: IBS Mumbai's PGPM program is more expensive than others in India. Tuition, living expenses, and other expenditures may make the program unaffordable for some.
- Competition: Admission to IBS Mumbai's PGPM program is difficult. The Institute receives many applications, and the selection process is tough, so not everyone can get in.
- IBS Mumbai's PGPM program is general management, hence students may not be able to specialize. Consider a program that specializes in your career goal or interest.
- Location: IBS Mumbai is in Mumbai, which might benefit or hurt students. Mumbai's traffic and pollution can make living there expensive.
- Crowded Classrooms: The PGPM program at IBS Mumbai has huge class sizes, making it hard for students to gain individual attention from professors. Students who need extra support may find this difficult.
While IBS Mumbai's PGPM program has many benefits, including a strong faculty, industry connections, and good placement opportunities, it's important to consider the drawbacks before enrolling.
Which is a better college, NDIM, Delhi or IBS Mumbai?
NDIM (New Delhi Institute of Management) and IBS (ICFAI Business School) Mumbai are both well-known business schools in India. While both colleges have their strengths and weaknesses, choosing between them ultimately depends on your individual priorities and goals.
|
Aspects |
NDIM Delhi |
IBS Mumbai |
|
Accreditation |
AICTE, AIU |
UGC, AICTE, AIU |
|
Program Offerings |
PGDM, MBA, BBA |
PGPM, MBA, Ph.D. |
|
Teaching Method |
Case-based |
Industry-oriented |
|
Fees |
INR 10.6 Lakhs |
INR 9.09 Lakhs |
|
Highest CTC |
INR 16.1 LPA (2020) |
INR 53.45 LPA (International, 2022) INR 15 LPA (Domestic,2022) |
|
Average CTC |
INR 8 LPA (2020) |
INR 7.14 LPA (2022) |
|
Top recruiters |
Nestle, Adani Wilmar, Ernst & Young, Amazon, S&P Global etc. |
JP Morgan, ICICI Bank, Deloitte, ITC, Accenture, KPMG, Bennett Coleman etc. |
It is subjective and the choice will and should depend on your goals, preferences and any other constraints you might have. So, choose wisely. Hope it helps, All the best buddy!
Which college is better, ITM Navi Mumbai or IBS Mumbai?
It is subjective and it completely depends on your goals and your preferences. Below is a table showing and comparing both the colleges on different aspects;
|
Aspect |
ITM Navi Mumbai |
IBS Mumbai |
|
Location |
Located in Navi Mumbai, a satellite city of Mumbai, well-connected by road and rail |
Located in the heart of Mumbai, well-connected by road and rail |
|
Accreditation |
Accredited by AICTE, NBA, and AIU |
Accredited by AICTE and UGC |
|
Rankings |
Ranked 76th out of 120 management colleges in India by IIRF (2023) |
Ranked 74th out of 120 B-Schools in India by IIRF (2023) |
|
Placements |
Highest salary INR 21 LPA Average salary INR 8.5 LPA |
Highest International Salary INR 53.45 LPA Highest Domestic Salary: INR 15 LPA Average Salary INR 7.14 LPA |
|
Top Recruiters |
Tns, Amazon, Shoppers Stop, Kotak Mahindra Bank, LG, JP Morgan |
Anand Rathi Securities, Axis Bank, Emami, Coca-Cola, CITI Bank, DE Shaw, HDFC Bank, ITC, SBI |
Ultimately the choice is yours. So, choose wisely. All the best!
Which college is better? IBS or Athena school of management for PGDM course in Mumbai?
I would suggest you choose Athena over IBS. While both are in Mumbai, their teaching methods are very different. IBS emphasizes batch size, quantity (1000 students for the Mumbai college), a highly easygoing college life, and a curriculum with only one internship. Because there are no international internships or exchange programs, global exposure is not prioritized.
Athena focused on Corporate Connect, Quality of Intake (only 60 to 70 students), and a very demanding and busy education with many internships. There is a lot of foreign exposure with two overseas immersions and one international internship.
When it comes to jobs and placements, Athena has an average of 7.00 lacs each year and a large number of Pre Placement Offers. This means that all of their students receive jobs, with the exception of those who opt not to go through the placement procedure. IBS earns an average of 6-7 lacs a year, yet 200-250 students do not get jobs. This is a major issue when there are so many new students each year.
Which one is better, BIMTECH (RM) or IBS Mumbai?
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) |
Which B school is better in placement offers as per job roles, IFIM Bangalore, IMI Bhubaneswar, or Kolkata or ICFAI IBS Hyderabad or Mumbai?
It is important to note that when it comes to placements in tier 3 B-schools, the job profiles offered are generally similar, with a focus on sales. However, the location of the B-school can have a significant impact on the placement opportunities available to students.
In cities where there are multiple B-schools located, such as Bangalore, Hyderabad, and Mumbai, competition between schools can be high, which affects the placements available to students. In contrast, schools located in cities without significant competition, such as IMI Kolkata and IMI Bhubaneshwar, may provide more reliable and decent placement opportunities.
Is IBS a good college for an MBA in marketing? Which is the best campus: Hyderabad, Mumbai, or Pune?
Among the campuses of IBS, Hyderabad is considered the best, followed by Mumbai and Pune. It is assumed that the syllabus and course content are similar across the three campuses. Hyderabad is considered to be the best in terms of facilities and resources, while Mumbai is also a strong option, with good professors, case studies, presentations, and a well-equipped campus.
While IBS Hyderabad has a strong placement record, most of the offered positions are in sales. There are also opportunities in advertising, retailing, and other fields, but they are less prevalent. The pay packages offered by the college are decent. After gaining some experience through campus placements, you can explore job opportunities outside the college.
It is important to note that none of the IBS campuses are AICTE approved, but they are affiliated with ICFAI University in Dehradun. As an alternative, you can opt for a distance MBA program by paying an additional fee.
What is the order of preference among the following IBS (ICFAI) campuses: Hyderabad, Mumbai, Pune, Bangalore, Jaipur, Ahmedabad, Dehradun, Gurgaon, or Kolkata?
If you're considering an MBA program, Hyderabad, Mumbai, and Gurgaon are three of the most attractive options based on their placement prospects. Only the Hyderabad, Jaipur, and Dehradun campuses offer an MBA program, while other campuses offer PGPM. If you want a dual degree, you can pursue a PGPM from the campuses offering the program, combined with a distance learning MBA.
The cost of your education is another important factor to consider. The Mumbai and Gurgaon campuses will cost you approximately INR 9 lakhs for PGPM, while the Hyderabad campus charges approximately INR 16 lakhs for an MBA.
In terms of placement statistics, IBS Hyderabad had a 99% placement percentage in 2022 with an average package of INR 8.71 LPA. On the other hand, IBS Mumbai had an average package of INR 7.14 LPA with the highest international and domestic packages of INR 53.45 LPA and INR 15 LPA, respectively. IBS Gurgaon had an average salary of INR 6.81 LPA with the highest international salary of INR 22.18 LPA and the highest domestic salary of INR 11 LPA. The average salary for the top 10% and top 25% was INR 10.06 LPA and INR 8.76 LPA, respectively.
Before making your final decision, it is important to carefully weigh all of these factors. While Hyderabad offers excellent opportunities for development and growth, including a strong club culture, Mumbai and Gurgaon may be better options for you if you are closer to your hometown or primarily concerned about the return on investment.
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