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Which is the better option, NMIMS, SIBM, or IMI Delhi?
When selecting between IMI, NMIMS, and Symbiosis for your MBA, keep in mind that all three institutes are located in great urban centers with easy access to corporate offices and opportunities. If you're interested in Corporate Finance or Financial Markets profiles, IMI and NMIMS should be great options for you. However, Symbiosis has traditionally held an edge in Marketing and HR due to its diverse gender profile and mobility.
All three institutes are considered niche colleges that provide a decent MBA in Delhi or Bombay, with good opportunities for summer internships and frequent visits from recruiters. While ranking them can be difficult, NMIMS has fallen behind in recent years and is now lagging behind in terms of job opportunities in Finance or other fields in Bombay.
When it comes to Finance jobs, IMI stands out with better CTC offers, but remember that other factors, such as the exposure you receive, the profile you are offered, and your own performance during your studies, will also play a significant role in your future career success. Therefore, be sure to research each institute thoroughly and choose the one that best aligns with your goals and interests.
How do the new HR programs of IIM Ranchi, NMIMS, and XIMB measure up to the established ones of XLRI, TISS, MDI and SCMHRD?
The simple answer to your question is no, the new HR programs of IIM Ranchi, NMIMS, or XIMB are not at par with the established ones XLRI, TISS, MDI, and SCMHRD. The established programs especially that of XLRI are the epitome of HR programs. They cannot be compared to the new ones at any given level or parameter.
- Faculty: The professors of XLRI are renowned throughout the industry for their competency. They specialize in almost every domain one can think of be it Law, Competency Modeling, Compensation, or Performance Management.
- Peers: It’s the cream students who get the opportunity to get into a prestigious college like XLRI. You can see tough competition between the finest students at college. Every individual has a valuable opinion and stands to contradict others. Their thinking pattern is broad and given a case study, they look at all angles from accounting to finance to laws while proposing the solution. The situation at TISS is also quite similar.
Now one can say that the curriculum can be replicated and learned faculty can be sought to match the quality of the HR program at these institutes. But the truth is faculty and curriculum are the main but not the only factors that determine an institute's worth. Its own culture, ethics, and background have a lot to do with the programs it offers.
So one cannot match XLRIs programs no matter how much they try.
How much should I score to get admission in NMIMS Mumbai?
To increase your chances of admission into NMIMS Mumbai, it is recommended that you aim for a score of 209-210 in the NMAT exam. It is also important to clear the sectional cut-offs. However, it is essential to note that a higher score does not guarantee admission while a lower score does not necessarily reduce your chances of conversion.
Your performance in the GD and PI rounds is also crucial for the final shortlist. Therefore, it is important to perform your best at every stage of the process. The final shortlist is based on the cumulative scores of the NMAT exam, GD, and PI. It is also advisable to talk to the faculty and alumni to get a better understanding of the admission process and make an informed decision.
Should one join NMIMS Mumbai? What are the pros and cons?
If you are considering joining NMIMS Mumbai for your MBA, there are several pros and cons that you should take into account.
Pros:
- Brand Name - NMIMS is one of the most reputed B-Schools in India and is among the top 15 B-Schools in the country. The brand name of the institute carries a lot of weight in the corporate world.
- Academic Curriculum - You will undergo a rigorous academic curriculum at NMIMS, which is spread over two years. The faculty at the institute is brilliant and will help you develop a strong foundation in management concepts.
- Peer-to-Peer Learning - NMIMS has a large batch size of around 500 general candidates. This provides an unmatched peer-to-peer learning experience and an opportunity to learn from a diverse group of individuals.
- State-of-the-Art Campus - NMIMS has a state-of-the-art campus situated in JVPD, which is one of the posh areas of Mumbai. The campus provides all the necessary amenities that you need to have a comfortable stay during your course.
- Quality Industry Exposure - Due to its Mumbai location and 35 years of corporate relations, NMIMS provides excellent industry exposure. You will get an opportunity to interact with top corporates and learn from their experiences.
- Excellent Placement Record - NMIMS has an excellent placement record. Even with a batch size of 500 students, the institute is able to complete the final placements much earlier than other B-Schools of the same category. The top 150-200 placements are at par with IIMs for the same companies.
Cons:
- High Fee Structure- The fees at NMIMS are relatively high compared to other B-Schools in the same category. However, the institute justifies the fees with the quality of education it provides.
- Not-so-good Hostel Facilities for Boys - The hostel facilities for boys at NMIMS are not up to the mark. This can be a drawback for male students who are not from Mumbai.
- No Campus Life - NMIMS does not have a proper campus life. The institute is just a building that is big enough to accommodate the entire batch on a single floor.
- Rigid Rules and Regulations - The rules and regulations at NMIMS are rigid, and the administration is strict. This can be a disadvantage for students who want more freedom.
- Competition and Pressure - With a batch size of 500 students, the competition is intense, and the pressure is high. You will need to be prepared to work hard and compete with your peers.
In conclusion, if you have the choice to join NMIMS, it is a great college and worth considering. The institute has an excellent reputation and provides quality education, which will help you build a strong career in the corporate world.
How is the PGDM in Business Analytics at NMIMS - Mumbai Campus? What are the job prospects after pursuing this 2-year full-time course?
NMIMS PGDM in Business Analytics is one of the most coveted programs recently owing to its vast prospects. The industries this program caters to include
- Banking and Financial Services
- Insurance
- Telecommunication
- Consulting companies
- Manufacturing
- Retail
- KPOs
- Product start-ups
- E-commerce
Some major roles and responsibilities of the Job prospects of Business Analytics are given below.
Business Analyst (Manager/Consultant)
- Handles a team with a major emphasis on Business Analytics
- Should have a good understanding of technical tools, data analytics foundation methods, data gathering, and processing
- Should be skilled in communication, leadership, team management, and strategic thinking.
Business Analyst (Individual Contributor)
- Has to handle business interpretation and analytics in providing information from data
- Uses information to give a detailed overview of the business
- Should have knowledge of technical components related to managing data
Data Miner/Modeller (Manager/ Individual Contributor)
- He comprehends data models that help support business decisions
- They help manage Risk/Marketing and in making decisions
- Needs to be well versed in mathematics, science, and computer science.
- Mostly hired in BFSI and Telecoms
Data Scientist (Individual Contributor/ Consultant)
- They are particularly proficient in coding and reading statistical data
- Inclined towards technicalities of business analytics and modifying/building new algorithms
- Inhibit high data knowledge with proficiency in technology to manage, visualize and analyze data.
Going through the details of the roles and responsibilities of Business Analysts, you can go for the one that suits you the most.
For MBA in HR, should one choose NMIMS Mumbai or XIMB?
Having friends in both institutions, I suggest you to go NMIMS Mumbai. XIMB HR has recently switched their name from XIMB to XaHR. This cost them a lot in terms of placements. All of the companies, instead of reaching out to XIMB are showing up at NMIMS Mumbai boosting their demand day by day.
If I were to compare both the colleges based on certain parameters, I would say:
- Batch: The batch size at NMIMS is 60 which are admitted on grounds of strict merit. On the other hand, XIMB takes in candidates on reservation grounds.
- Location: If you have decided to reach Mumbai for your MBA, no doubt that it is indeed the best place. NMIMS provides better corporate interface and project opportunities.
Placements -
|
Categories |
MBA HR at NMIMS Mumbai |
MBA HR at XIMB |
|
Course Fee |
20.84 lakh |
18.50 lakh |
|
Course Duration |
2 years |
2 years |
|
Highest CTC |
22 LPA |
28 LPA |
|
Average CTC |
15 LPA |
12 LPA |
|
Recruiting Companies |
KPMG, EY, Morgan Stanley, Barclays, etc. |
Nestle, Berger, HSBC, American Express, etc. |
Some of my friends who were on the wait-list of XIMB decided to switch to NMIMS eventually. And some of them withdrew their names from the wait-list just to reach other colleges (these were in the lower-tier) but not XIMB. Even the students who are already studying at XIMB advise others to not reach there.
Which is best in CSE: NMIMS or Manipal or VIT or SRM?
For CSE, VIT is the best option among these. It has a great placement record. VIT Vellore CSE average package is around INR 8.19 LPA. Top recruiting companies for CSE and IT branches are Microsoft, Google, Paypal, etc. You will get a lot of exposure and great placement and internship opportunities.
VIT has a Fully Flexible Credit System (FFCS). It gives the students complete freedom to tailor their courses the way they want. You will get to choose what you wish to study and when you wish to study it.
Here is a video comparing VIT, Manipal and SRM on the basis of some common aspects
Which one is better: Narsee Monjee College of Commerce and Economics or Narsee Monjee Institute of Management Studies for B.Com (hons)? Why?
Narsee Monjee College of Commerce and Economics is better for pursuing a B.Com (Hons.). It is older and well-reputed. The commerce faculty of the college is excellent. NMIMS is primarily a B-School and offers a good MBA degree. But it started offering undergraduate degrees recently.
Narsee Monjee B.Com fees are almost half of what you will pay at NMIMS. The total course fees amount to INR 92,000.
NM College of Commerce and Economics placements are good. Reputed companies such as Morgan Stanley, EY, KPMG, etc. visit the campus placements. The average CTC received by the students is around INR 7 LPA.
Having been rejected by XLRI (BM) and SPJIMR, should I settle for NMIMS Mumbai?
This is a very common dilemma among MBA aspirants who fail to make it into the institute of their choice. They are torn between going to an average B School or retaking CAT.
A smart way to come out of this dilemma is to toss the coin with these choices and the choice that comes to your mind when the coin is in the air is what you want to do. If you keep taking advice from everyone you will be left all the more confused.
A close friend of mine faced a similar Institute and his family advised him to take a drop year as NMIMS was not on his list of preferred institutes. He finally retook CAT and ended up in XLRI!
Ultimately, the right decision for someone may not be the right one for you, and vice versa. So choose wisely!
How is SVKM's NMIMS Science department, specifically a B.Sc in applied statistics and analytics?
One of my friends is currently doing her Bachelor's in Science, specifically in Applied Science and Statistics from NMIMS- Kharghar campus. She has given me some input which I will be sharing with you.
Frankly, everything so far has been excellent for her. She appreciates the syllabus and all that's taught. The syllabus covers all that one needs to know about Data Science and its basics. My friend is about to get into the 3rd semester after this Corona wave is over.
The basics that were covered in first year were:
- Mathematics - Calculus
- Statistics - Descriptive
- Probability and Distribution
- Economics - Micro and Macro
For coding, she had: "C" language, DBMS, "R", SPSS, SCILAB and Python (from the second year of syllabus)
Actuarial Science and additional projects were added by the time she had reached her second year. You are seen as more experienced when you begin studying Actuarial Science. It is sufficient to cover all your basics that concern Data Science.
Along with a brilliant syllabus arrives a pretty hectic schedule. There are regular exams wherein you will only get a week for preparation. Not only this but there are presentations, assignments and projects to cover and submit before the deadline.
It is going to be a thrilling experience as all the knowledge and information will help you understand how to perform well under any circumstances with perfection.
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