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Which college is better for MBA in finance, TAPMI or K J Somaiya or NIRMA University considering average placement salary offered in Finance and Fees?
Pursuing MBA in any branch from any of the given colleges will give you the best curriculum and environment to grow and upskill yourself. The placement reports of these colleges are scaling recently. MBA in Finance is one among any of these that would be a great opportunity to grab and K J Somaiya will be a great option.
One of my cousins pursued Finance from K J Somaiya and he told me that good companies come for summer and final placements and offer a good package for finance people.
|
Particulars |
K J Somaiya |
TAPMI |
Nirma University |
|
Fees |
2.97 LPA - 16.29 LPA |
15.1 LPA |
7.24 LPA - 16.3 LPA |
|
Companies |
Jaro Education, Calvin Klein, ICICI Bank, OUTLOOK, HDFC Bank, etc. |
Deloitte, EY, KPMG, Accenture, ITC, Wipro, Infosys, ICICI Bank, etc. |
Reliance industry, L&T Technology Services, Worley Engineering, etc. |
|
Package |
Rs 28.50 LPA |
Rs 25 LPA |
Rs 19.1 LPA |
In terms of fees also K J Somaiya is better compared to other colleges given. You should not miss this chance to apply. Being located in the financial capital, it has an edge over others. TAPMI is good only for IT mainly and location plays a big advantage here.
Which college is better for MBA in finance, TAPMI or KJ SOYAIMA or Nirma University considering Average Placement Salary offered in finance and Fees?
It is hard to compare particularly the finance stream but overall comparison is given below in the table;
|
College |
Fees |
Highest Package |
Average Package |
|
TAPMI |
INR 16 Lakhs |
INR 22.3 LPA |
INR 15.7 LPA |
|
KJ Somaiya |
INR 19.18 Lakhs |
INR 22.5 LPA |
INR 12.28 LPA |
|
Nirma University |
INR 11.34 Lakhs |
INR 26 LPA |
INR 10.50 LPA |
Can I get a profile based call from TAPMI at 78.29 percentile?
"Profile-based shortlisting" is what TAPMI does for candidates who have worked for more than 24 months. Profiles that are being considered for shortlisting include
- Valid scores on the CAT, XAT, or GMAT, whichever is higher.
- Academic profile (10th grade, 12th grade, college, backlogs during college, etc.)
- Experience at work (type of company, number of months, etc.)
- Extra-curricular if any
- Statement of Purpose
Each program's shortlisting process is different from the other programs. Not making the shortlist for one program doesn't mean you'll make it for the other.
What is the amount that is needed to spend to survive a month in hostel at the MBA program at TAPMI, Manipal? As in, food, electricity bills, outings etc? What is the minimum and maximum amount needed
People there usually have a monthly spending of 50K if they have a vehicle/bike and eat out almost every day. If you don’t party or eat out, you could last on less than 4000 rupees/month. A person living frugally for 22 months could only possibly need to spend 79K. You will also have to pay 500–600 per person every month for power. This is possible to manage in a large non-AC room. In conclusion, it’s definitely possible to live without spending a whole deal of money at TAPMI.
I have planned to do an MBA from one of these colleges: LIBA, TAPMI, IMNU, GLIM, SIMSR, BIM Trichy. Which of these colleges would you suggest?
Student strength, ROI, average package, campus, faculty-student ratio, alumni base, and placements determine the candidate's college choice.
Due to its low student population and one-year flagship programme, the Great Lakes Institute of Management (GLIM) is the top college. GLIM also attracts prominent firms for placements. If the candidate can afford it, they should select it.
T.A.pai Management Institute (TAPMI) has a gorgeous campus and fun classes, however its ROI is lower than other universities. Due to the huge student intake, not everyone may find a favorable placement.
Bharathidasan Institute of Management (BIM) Trichy boasts a low tuition, strong alumni, and high placements at McKinsey and Asian Paints. For individuals interested in South Indian culture, BIM boasts a great faculty-student ratio.
SIMSR's average package is 10 LPA. However, those with more than two years of experience may feel underpaid.
LIBA has low tuition but a lower average package than other institutions. If no other option exists, the applicant could choose LIBA.
IMNU offers good placements and stress-free student life.
Which one should be opted, Tapmi PGDM or XIMB HR, in terms of placement?
It seems you are unsure about the branch you are interested in. Both PGDM and HR are diverse branches and one needs to first determine the field they are interested in only then they can make a sound decision.
If you are interested in HR, then choose XIMB HR without any second thoughts. It's the best HR program in the country. However, it's important to note that in this field your academics and profile building matter more than anything. Xavier School of HRM will provide ample opportunities for you.
An MBA in HR requires you to scale up for which you need a better skill set and a better learning experience that you can get at XIMB and not Tapni. However, if you are unsure of your interests, go for a PGDM in Tapmi.
Here is a brief overview of these branches
|
Particulars |
TAPMI |
XIMB |
|
Number of Recruiters |
100+ |
71 |
|
Highest CTC |
INR 24.8 LPA |
INR 71.51 LPA |
|
Average CTC |
INR 15.7 LPA |
INR 20.03 LPA |
I hope you make the right choice!
Which is better for finance, IMT-G, TAPMI or KJ Somaiya?
From the above-mentioned management institutes, TAPMI and IMT-G are good for Finance. Given below is a brief comparison of the three institutes.
|
Criteria |
TAPMI |
IMT-G |
KJ Somaiya |
|
Course type |
PGDM |
PGDM |
MBA |
|
Accreditation |
AICTE, AMBA, AIU |
AICTE, NBA |
NBA, UGC, AIU |
|
Total course fee |
14.3 lakhs |
17.50 lakhs |
14.93 lakhs |
|
CAT cutoff |
80 |
90 |
86 |
|
No.of seats |
60 |
60 |
60 |
|
Average salary package (per annum) |
12.7 lakhs |
13.16 lakhs |
10.08 lakhs |
|
Recruiters |
Accenture, Amul, HDFC, Citi Bank, HCL, Deloitte, KPMG, etc. |
Aditya Birla, Airtel, ITC limited, Bisleri, Amazon HDFC, etc. |
Citi Bank, Alliance tire group, Dell, Cisco Systems, CROPA, etc. |
TAPMI offers excellent infrastructure for Finance. There is a separate laboratory that provides real-life hands-on experience. It also offers good core placement in the finance sector due to its close proximity to Mumbai. IMT-G considered having the best facility and better faculty profile than any of the good B-Schools in India. Also, IMT-G has a better placement record than TAPMI and KJ Somaiya.
The placement record at three of these management institutes is quite impressive and especially at IMT, they offer an average salary of up to 13.16 lakhs per annum whereas in TAPMI the average CTC is about 12.7 lakhs p.a. KJ Somaiya provides an average salary package up to 10.08 lakhs p.a.
Which is better for Finance IMT-G, TAPMI or KJ Somaiya?
Given a choice between the mentioned colleges, the best institution for Finance will surely be TAPMI School of Business for various reasons.
Let us first have a look at some statistics about all the three colleges.
|
Particulars |
TAPMI |
IMT-G |
KJ Somaiya |
|
NIRF Ranking for MBA 2020 |
27 |
37 |
56 |
|
Placement Rate |
100% |
85% |
70% |
|
Average CTC |
12.7 LPA |
12.5 LPA |
10.8 LPA |
|
Fees |
INR 15.1 Lakh |
INR 17.55 Lakh |
INR 14.93 Lakh |
TAPMI:
-
Laboratories: One of the most exclusive reasons for choosing TAPMI is a well-equipped Finance Lab which helps students gain hands-on experience and understand core financial concepts through practical studies as opposed to only theory. The lab is equipped with 16 Bloomberg terminals and 7 Thomson Reuters terminals.
-
Curriculum: The course curriculum for PGDM BKFS at the institute is CFA C-BOK (certified body of knowledge) and FRM (Financial Risk Management) certified and meets the latest global industry standards.
-
Faculty: The program in Banking and Finance is backed by experienced faculty members who have years of experience in academics and industry.
-
Accreditation: It is one of the few management institutions in the country to have a two-tier global accreditation, i.e AMBA, and AACSB.
-
Extra-Curricular: The institute organizes multiple events, workshops, and industry visits to provide students with a well-rounded experience. Student managed investment funds and multiple club activities are all part of the module in finance.
IMT-G:
-
It offers a PGDM program in Finance that has an industrial and financial backing overlooking a high number of companies for recruitments but fails to provide a high placement rate considering an exceptionally high batch size, which keeps the majority of the students from getting a full-time job.
-
It observes the highest placements in the marketing department and sees very few core companies for finance, with corporate finance and banking jobs marking the minority. Apart from the brand name of IMT, it is not considered to be the best institute for a program in Finance.
KJ Somaiya:
The institute offers PGDM programs in Finance which are well-structured but fail to impress in terms of management and placements. While the fee structure of the program is lower compared to the other institutes, it observes many good companies as part of their recruitment drive due to the location, but still has an overall low placement rate within the Finance sector.
Given the three options, the best institute for a program in Finance would definitely be TAPMI School of Business for the well-structured curriculum, good placement opportunities, and facilities provided.
Does Tapmi manipal provide laptops to students?
No, TAPMI does not provide any laptops to their students. As far as I know and when I last checked TAPMI Manipal does not provide laptops to its students and it has not provided in the past as well.
But you can use the discounts provided to students while buying laptops for almost all the brands, anytime during the course time. You can take loans from banks, to buy laptops as well.
Many universities and colleges do have policies or programs to help students to obtain laptops or provide them with laptops directly and some other necessary technology, but this varies depending on the institution and its resources. For the latest update, it is advisable to reach out to the school directly for the most up-to-date and accurate information, and research before joining the college. Hope it answers your question. Cheers!
Which is better among Great Lakes PGDM, SIBM Bangalore, TAPMI, or NMIMS Bangalore for an MBA?
TAPMI is better, as it offers you a great campus life. The crowd is suitable to make connections and you can really groom yourself, plus TAPMI has a great culture of clubs and committees so that you can learn actual management skills.
TAPMI has very good faculties and their curriculum is also appropriate as per the industry requirement. The placements offered by TAPMI are better than the others, many big companies like Accenture, Deloitte, Ford, TATA visit the campus for placements.
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