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What are the merits of SIBM Pune over NMIMS Mumbai? Is SibM worth it for finance?
Both the colleges give an equal edge to each other in terms of establishment and worth yet if I had to choose one, I would definitely go for SIBM. I have stated a few points favoring and reasoning my choice
- Batch size: The major perk of SIBM over NMIMS is its small batch size in comparison to NMIMS. This facilitates better placements and teacher-student interaction.
- Fees: The fees of SIBM Pune is lower than that of NMIMS because of accommodation and living costs.
- SIBM Pune MBA fees: ? 13,49,000/Yr
- NMIMS MBA fees: ?11.95 Lakhs (1st Year Fees)
- Hostel: SIBM Pune has a hostel facility in contrast to NMIMS which has hostels for limited people that too at a high cost.
- Campus life: SIBM Pune provided you with an experience of campus life which is lacking on the part of NMIMS.
- Placements: Although both the B Schools have a 1% placement percentage, the quality of roles is low at NMIMS due to the huge batch size. The time taken for the batch to get placed is also more in the case of NMIMS.
- COL: The cost of living is less in the case of SIBM Pune whereas a lot is in the case of NMIMS Mumbai.
- Specialization: While NMIMS is mostly known only for its Finance, SIBM excels in both Finance as well as Marketing.
All these points conclude that SIBM Pune is a safer and better option.
Which is better for a PGDM of supply chain, Welingkar or NMIMS Mumbai?
NMIMS Mumbai is a far better option for a PGDM than Welingkar. As a working professional, the Distance Learning Program is most suitable for you. Companies prefer working professionals with post-graduation and there has been an increase in demand for a structured Management system. The ever-growing technological advancements in the Commerce sector have increased the demand for Supply Chain Management. There is an increasing need for experts to handle mainstream logistics.
The 2-year PGDM in Supply Chain Management programs offers insights into the concepts employed in Supply Chain and the practical application of these concepts. The curriculum is relevant to the recent trends and is delivered by experts in the field. It covers various concepts like
- Procurement
- Lean and warehouse management
- Logistics
- Inventory management
The program helps the students gain a strong grasp on the industry. The curriculum first lays down the foundation of Management before dwelling on Supply Management. The program is most suitable for someone seeking a career in logistics, procurement, and distribution at an executive or entrepreneurial level.
What is the placement procedure of NMIMS?
The NMIMS placement procedure is rather lengthy and involves a number of steps.
- Step 1: Preparing your CV- The first and foremost step of the placement procedure is to prepare your CV. The placement committee releases a predetermined format for the same and you have to prepare your CV in accordance with it and get it approved by the committee.
- Pre-placement talks: These talks are held throughout the year and especially as the placement season commences. It’s a two-way process as the students are offered an insight into the kind of roles and packages offered by the visiting companies and the companies in turn get an insight into the quality of the batch on the basis of questions asked.
- Placement applications: Students are required to fill in the placement forms in the desired companies. The companies invite applications for interested candidates to apply. This process may include assessment tests, uploading videos, or writing about yourself and why should the company hire you.
- Placement days: The commencement of the placement season is what onsets the visits of companies on the campus. The days are hectic with companies visiting the campus alongside PTTs. Every company has its own discrete criteria for selection which may include group discussions and other rounds. The results are declared mostly on the same day.
- Final Acceptance: The selected candidates are sent an email from the company informing them of their final acceptance.
The placement procedure remains the same for both summer placements and final placements except that summer placements are less hectic and competitive.
What is the placement scenario for MBA in Entrepreneurship and family business from NMIMS, mumbai?
The placement scenario for MBA in Entrepreneurship and family business from NMIMS, Mumbai is decent but not at par with a regular MBA. However, this is understandable enough as the course is less in demand than the regular MBA. However, the packages offered are quite low because the students joining the program are no geniuses with great academic backgrounds and interview performances. The low demand is the main reason for low packages.
Mainly the students who choose this program over a regular MBA, don’t want to settle just for a job. Their primary goal is to get a better understanding of running a business. So the role offered pays less but is challenging enough.
Anyone who is considering this profile should pay the least attention to packages and placement as the main agenda is to prepare for entrepreneurship. So your goal should be to get a challenging profile at a good company even if the package is low. Another major benefit of doing this course is getting yourself associated with an elaborate alumni network which will prove to be useful in the future.
Which is better for brand management: MICA or NMIMS Mumbai?
It would be recommended that you talk to the faculty, alumni, etc. of each of the schools and make an informed choice instead of thinking that either is 'bad'. Don't be naive and ask generic things like 'does a MICAn MBA have any disadvantages'. Remember, there are truly no absolutes and every institute can have its pros and cons depending on what you want out of it.
Assuming that you want to do Brand Management specifically, MICA is a great choice and potentially better than NMIMS given that it's a full-fledged specialization, something that MICA is known and reputed for, and you'll get good placements in that field. Additionally, MICA is known for its industry partnerships, collaborations, and real-world experiential learning opportunities, all of which can help you gain practical skills and industry exposure.
However, keep in mind that MICA is a niche school that focuses primarily on communications and marketing, so if you're looking for a more general MBA program that covers all aspects of business, NMIMS might be a better choice for you. NMIMS has a strong brand and reputation in the industry and offers a well-rounded MBA program that covers all the major functional areas of business.
Ultimately, it's up to you to decide which school is the best fit for your personal and professional goals. Do your research, talk to people in the industry, and consider your own strengths and weaknesses before making a decision. Remember, the school you choose is just one piece of the puzzle - your own hard work, dedication, and determination are what will ultimately lead you to success in your career.
Is there any entrance exam at Narsee Monjee, Mumbai for a B.Com?
Narsee Monjee College of Commerce & Economics offers full-time B.Com in three specializations, BMS, and B.Sc courses at the UG level for a duration of three years.
The eligibility criteria for all the UG courses is
- Candidate must have completed his Higher Secondary School Examination (HSSC) and secured an aggregate of 45% marks.
- B.Com candidates should have passed class 12th or equivalent examination.
Here are a few details of the program
|
Specialization |
Regular |
|
Eligibility |
Passed class 12th or equivalent |
|
Selection Process |
Merit Based |
So, admission to the BCom course at Narsee Monjee does not require you to clear any kind of entrance test.
Which is better: an MBA from NMIMS Mumbai or a job through SSC CGL?
Comparing the two, an MBA from NMIMS and a job through SSC CGL are highly illogical. The prospects and magnitude of both career inclinations are totally different. Let’s conduct a general comparison on the basis of some common aspects
- An MBA from NMIMS needs a lot of investment while a job through SSC CGL does not. Considering the probability of getting a good job after my MBA, I think going with SSC CGL is a safer option.
- Your social status will be much better in the case of SSC CGL. You might face some drawbacks in your work life but in your social circle, you will be considered a man of great importance. Your family will be benefiting from your social status through good education. The salary is average, not less given the better social status you will be enjoying in contrast to working as an MBA professional in the corporate world.
- Analyze your social and personal responsibilities as an MBA professional as well as CGL. You might get a picture of what you are aiming for. Choosing an MBA is not worth it unless it's a firm top 5 IIM or you are looking for a career abroad.
So MBA will guarantee you a lot but money which does matter to an extent but not when compared to the reputation you will gain as an SSC officer. MBA requires a lot more than you think. It may groom you but not ensure a better social structure like CGL.
Which college should I choose: IIM Raipur or NMIMS Mumbai? (For Operations/Finance)
NMIMS Mumbai is the better option among these. It is especially good for Finance.
- Mumbai houses many top MNCs in the country. So, you will get excellent exposure.
- Diverse pool of recruiters visits the NMIMS placement drive each year. During the 2022 placement drive, students received an average CTC of around INR 23.07 LPA. While the highest CTC offered was INR 57.65 LPA. 32% of the placement offers were from the Finance domain.
- NMIMS brand name is well-reputed in the industry.
These are some of the advantages of joining NMIMS Mumbai.
Is it worth spending money for a BBA at NMIMS, Mumbai?
My sister has recently completed her BBA with a specialization in Finance from NMIMS and she told me about the actual placement scenario of the college. She agrees with the fact that NMIMS is a top B School with an excellent curriculum and faculty. You will be offered amazing opportunities in the form of working in a big MNC or becoming an entrepreneur.
However, the situation of placements is not what it seems from the reports. Although my sister was able to get placed she witnessed many of her batch mates unplaced or placed with a very minimal package. Many companies visit the campus owing to the great brand value but the major problem that arises is the huge batch size. The competition is tough as the intake is very high. This year the total intake is BBA 600; BCOM 180. Henceforth very low packages are offered that are not even close to those mentioned in the placement reports.
In my sister's batch apart from 3 students, every student got a package of less than 3 LPA. Deloitte hired less than 17 students. While the placement scenario was really poor, the knowledge that she gained in those 3 years did help her pass CFA level-1 the next year. So it’s you who can decide if the money you spend is worth it or not by determining what you really want from your BBA.
What is the scope of management consulting at B Schools like NMIMS, SIBM, SCMHRD and XIMB? Do non-engineers, freshers get such roles?
This would certainly not be easy for a non-engineer fresher to get management consulting roles in firms such as Accenture, McKinsey, Deloitte, EY, Capgemini etc.
- Most of the above companies provide IT consulting, operations consulting, risk consulting, etc. at these institutes. You may expect these profiles.
- However, if you are looking for strategic consulting, then these roles are offered at only top B-schools such as IIM Ahmedabad, IIM Bangalore, IIM Calcutta, XLRI, FMS, SPJIMR Mumbai, etc. Do not expect them to be offered at the listed institutes here.
Even if some companies do offer such roles, they care about your academics in your MBA, your work experience, your personality, and your background. They want to know if you are an engineer or not, they also want to know if you know about IT or not. There are various rounds of interviews lined up to test your skills and abilities.
So, yes there will be scope especially in IT consulting roles from these institutes. All you have to do is give your best efforts and leave the rest on the companies to decide what kind of professional they want.
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