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Which college is better for an operation management branch, JBIMS, S.P. Jain, or NITIE?
Choosing the best institute for an operations management program depends on various factors such as the curriculum, faculty, location, placements, and overall reputation. It is recommended to research thoroughly about each institute, connect with alumni, and attend admission sessions to make an informed decision. However, NITIE is highly recommended for pursuing an operations specialization.
What are the chances of getting into XLRI/SPJIMR if I have 1.5 years of work experience that's not relevant to the MBA specialisation?
In XLRI or SPJIMR, having relevant work experience is not a requirement for admission. Having 1.5 years of experience in a different field will not give you an advantage or disadvantage during placements as candidates with less than 2 years of experience are considered the same as freshers. Moreover, any work experience is valuable and can contribute to your MBA education as it's not limited to specific areas such as Marketing or Finance.
In SPJIMR, if you opt for Finance as your specialization, relevant experience may slightly enhance your profile. However, for other specializations, you will have to compete with other candidates on an equal footing.
Is JBIMS the best college compared to SP Jain and NMIMS Mumbai?
There are many ways to measure the "best" MBA college, but one commonly used metric is the ranking by reputed educational agencies. According to the latest rankings by the Financial Times, the top MBA college in Mumbai is the Jamnalal Bajaj Institute of Management Studies (JBIMS), followed by the S. P. Jain Institute of Management & Research (SPJIMR) and the Narsee Monjee Institute of Management Studies (NMIMS). However, these rankings are based on specific criteria and may not match your preferences.
Here is a brief overview of these colleges
|
Particulars |
JBIMS |
SPJIMR |
NMIMS |
|
Total Recruiters |
75+ |
63 |
148 |
|
Highest CTC |
INR 42 LPA |
INR 77.8 LPA |
INR 67.80 LPA |
|
Average CTC |
INR 27.63 LPA |
INR 33.02 LPA |
INR 26.63 LPA |
|
Major Domain |
Consulting |
- |
General Management, Marketing, Finance, Operations |
|
Top Recruiters |
Accenture, KPMG, EY, Deloitte, PwC, Infosys |
Asian Paints, Hindustan Unilever Limited, ITC, Accenture Strategy |
Aditya Birla Capital, American Express, Goldman Sachs, Crisil etc |
So, JBIMS is the best college in terms of ranking, quality, and placements. It falls in the same category as the top B Schools like IIMABCL, XL, and FMS. The specialization-wise preference order would be
- Finance -Jb>SPJ>NM
- Marketing -SPJ>JB>NM
- Operations -SPJ>NM
Ultimately, the best college depends on your preferences and future prospects.
How is the PGPDM certification program from SPJIMR?
SPJIMR’s Post Graduate Diploma in Management (PGDM) is a two-year, full-time residential program equivalent to an MBA. PGDM is approved by AICTE, accredited by NBA and AMBA, UK and consistently rates among India’s top 10 management programs. FT (MiM) 2022 ranking places PGDM first among Indian business schools in two categories:
The program offers a holistic approach to leadership development with its innovative blend of classroom learning and thoughtfully curated immersive experiences. SPJIMR’s distinguished faculty of accomplished academicians and practitioners constantly incorporate practice-focus contemporary innovation in the program design to accelerate the participant’s leadership development.
Placements
PGDM has a consistent record of placing 100% of its batch for over two decades. The final placement this year marked a return to an offline placement process. The entire placement exercise was conducted in a hybrid mode, with most recruiters visiting the campus in person.
The average annual salary (cost-to-company) this year stands at INR 33.02 LPA. The median salary came in at INR 32.89 LPA, marking a jump of around 9% over the reported number last year, with over 70% of the batch securing offers above INR 30 LPA and over 92% in excess of INR 25 LPA.
Is the XLRI PGDM GM better than GL PGPM and SP Jain? If so, how?
XLRI offers a 15 month, full-time residential program. It is one of XLRI'S flagship programs accredited by the AMBA. It includes a 3 months field training as well. Each batch has only 101 students selected on merit.
SP Jain's PGDM program is a 2-year program accredited by AMBA and NBA as well. This program allows flexibility in changing the major as well.
Here's an overview of the three institutes:
|
Parameters |
GL (PGPM) |
XLRI (PGDM) |
SP Jain PGDM |
|
Placement rate |
100% |
100% |
100% |
|
Campus size |
27 acres |
50 acres |
45 acres |
|
Total Seats |
240 |
360 |
240 |
|
Fee |
11-15 LPA |
23 LPA |
17.50 LPA |
|
Average Package |
13.6 LPA |
24.3 LPA |
22 LPA |
Special Facts on Infrastructure and Program
SP Jain
- PGDM program has access to international visiting faculty members and students from Dauphine University (France), NUS (Singapore), Ledge Business School France, amongst others. Michigan State University and Cornell University are its B-School partners.
- The institute has an amphitheater, residential facilities, and a library.
GL Bajaj
- PGPM program has 50+ faculty members with more than 40 being well-known management gurus and 25+ faculty visiting from Stanford, Yale and Kellogg schools. The advisory council is headed by Ratan Tata.
- The institute has a green campus and the first one in South Asia to be given a LEED Platinum Rating. There are sports facilities available for basketball, football, etc; a library and hostels are present on-campus as well.
XLRI
- PGDM has 900 contact hours, designed for working executives' needs in mind.
- There are 53 electives available to choose from.
- XLRI also has a historic Sir Jehangir Ghandy library built-in 1947; a computer centre; AC lecture halls; Amphitheatre; and 4 residence halls.
Placement Data 2020
XLRI
- The highest salary offered to XLRI students was 30 LPA.
- Students were recruited for the roles of Associate Vice President, Product Manager, etc, by Cognizant, Axis Bank, Genpact, etc.
GL PGPM
- Candidates were offered 13.6 LPA as the average pay and 28.6 LPA as the highest domestic pay.
- This year saw 15 new recruiters including ADP, Dell, Magic Bricks, and Zee Entertainment.
SP Jain
- The institute's number of pre-placement offers (PPOs) and pre-placement interviews (PPIs) has been more than 40% over the years because of its Autumn internships.
- A rise of 15% in average CTC was also witnessed.
- A total of 80% of its batch received offers over 20 LPA.
Students can decide on a program based on the convenience of location and placements provided.
What is the cost of an MBA from SPJIMR per semester and what is the fees structure?
The fee structure for the PGDM course is Rs 20.42 lakhs and for the PGPM program is Rs 22.1 Lakhs.
|
Course |
Fees |
|
PGDM |
20.42 Lakhs (Total Fees) |
|
PGPM |
22.1 Lakhs (Total Fees) |
|
Executive |
9 Lakhs (Total Fees) |
|
MDP |
25,000 (1st Year Fees) |
Which is better for operations, IIM Ahmedabad or SPJIMR?
Among these, IIM Ahmedabad is the better option. It is the best B-School in the country and has a legacy of over 60 years. IIM Ahmedabad placements 2022 witnessed the median CTC of INR 36.2 LPA.
SPJIMR is good for Operation as well. It is among the top B-Schools in the country with a phenomenal placement record. But comparably, IIM A brand name will offer better exposure and placement opportunities.
Which one is better, IIM Bangalore or SP Jain?
IIM Bangalore and SP Jain Institute of Management and Research (SPJIMR) are both well-known B-schools in India. Both have a strong reputation for academic quality and relevance to the business world. Which one is "better" relies on things like personal preferences, career goals, and each person's situation.
IIM Bangalore is one of the best business schools in India and one of the best IIMs in terms of study and academic rigor. It has a good reputation for turning out great managers and leaders, and employers are eager to hire its graduates.
On the other hand, SPJIMR is known for its innovative and cutting-edge curriculum, which combines standard management education with real-world experience. The b school puts a lot of emphasis on innovation and entrepreneurship, and its graduates are well-prepared to start and run their own businesses.
When it comes to placements, recruiters from a wide range of fields, such as consulting, finance, and marketing, have always shown a lot of interest in both schools. The average salary package at both schools is usually between 25 and 35 lakhs per year, but the best students often get offers that are much higher.
|
Parameter |
SP Jain |
IIM Bangalore |
|
Ranking |
4th by NIRF |
2nd by NIRF |
|
Type of Institution |
Private |
Public |
|
Campus Location |
Mumbai,Delhi |
Bangalore |
|
Selection Criteria |
CAT/XAT/GMAT, followed by GD and PI |
CAT/GMAT, followed by WAT and PI |
|
Average Placement Package |
33.02 LPA |
28.98 LPA |
|
Highest Package |
77.8 LPA |
31.20 LPA |
|
Median Package |
32.89 LPA |
28.60 LPA |
|
Fees |
20.42 Lakhs |
24.70 Lakhs |
In conclusion, both IIM Bangalore and SPJIMR are highly regarded schools that give students and professionals great chances to learn and grow.
How would you compare MBA offers in Europe vs those in India? Which will be a better option in terms of career progression? Consider INSEAD vs IIM-Bangalore / EDHEC vs SPJIMR etc.
When comparing MBA offers in Europe and India, you should consider the business school’s repute, international exposure, professional advancement, cost, and location. INSEAD is a top-10 business school with unrivaled international exposure. It is far more esteemed than the IIMs and should be the first MBA choice if cost and living expenses are not an issue.
However, it is generally advisable to study for an MBA in the place where one wants to work or settle. If someone wants to work or settle in Europe, then doing an MBA from a top European business school is recommended. On the other hand, if someone is interested in working in India and the cost is an issue, then IIM Bangalore (IIM-B) is a great option. IIM-B offers easy loans and scholarships and is recognized by almost all top recruiters in India. Therefore, IIM-B is a good choice for Indian students who want to pursue an MBA.
SPJIMR is also a good option, but if someone wants to start a business in India and their primary client base is local, then IIM-B is a much better option than INSEAD.
What is the quality of education at SPJIMR Mumbai (PGPM)? What kind of placements do they have after completing their course there? How does it compare to IIM’s placement records?
SPJIMR Mumbai (PGPM), a top management school in India, provides high-quality education. The course balances theoretical and practical knowledge and emphasizes leadership abilities.
Many leading companies recruit the institute's graduates each year. Amazon, McKinsey & Company, and Accenture recruit SPJIMR Mumbai (PGPM) grads at 26 LPA on average.
SPJIMR Mumbai (PGPM) has strong placement records despite not being as well known as other IIMs. SPJIMR Mumbai (PGPM) has continually been one of India's top management colleges for placements. Below is a table comparing fees and placement records of SPJIMR and IIMs;
|
College |
Fees (MBA/PGDM) |
Highest Salary Package |
Average Salary Package |
|
SPJIMR |
INR 20.42 Lakhs |
INR 77.8 LPA |
INR 33.02 LPA |
|
IIMs |
INR 12 Lakhs to INR 28 Lakhs |
INR 35 LPA to INR 1.14 CPA |
INR 15 LPA to INR 34 LPA |
SPJIMR Mumbai (PGPM) offers a high-quality management education with a focus on leadership and a good possibility of securing a high-paying job after graduation. It may not have the same prestige as some IIMs, but it is a respected institute with a successful track record. Hope it helps, choose wisely, All the best!
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