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Which college is better for BBA, MITSOM or IMED in Pune?

VR
Varun Raj Posted On : September 14th, 2020
BBA IB from MIT School of Management, Pune (2018)

MITSOM and IMED are both premier B schools based in Pune. While both have their own merit, they do differ a lot when it comes to attendance, college timings as well as expenses on books. Here, MITSOM tops IMED in all categories. Moreover, MITSOM also offers a diverse variety of students coming from different countries and states.

Additionally, here are some factual points for comparison between the two universities:

Eligibility:

MITSOM Pune:

  • Students must graduate 10+2 with at least 40% marks to be eligible to apply to the college.
  • Final admission is dependent upon MITSOM College Entrance Test.

IMED Pune:

  • Students need to pass a 10+2 examination from any board or its equivalent.
  • Further, admissions are offered on the basis of the combined BBA merit list displayed i.e. based on the marks obtained in the BMAT entrance test.

Fees: The following table provides information on the fees required for the first year at MITSOM and IMED respectively.

MITSOM BBA First Year Fees

IMED BBA First Year Fees

INR 67,500

INR 1,00,000

Placements:

MITSOM Pune:

  • MITSOM has about 500+ companies visiting the college every year for placements with more than 500 students placed so far.
  • The highest package offered at the institute is 19.06 lakhs per annum and an average package of 4.5 lakhs per annum.
  • More than 700 MNCs visit the college every year and some of the noteworthy recruiters are Deloitte, HDFC Bank, Asian Paints, ONC Ltd, Force Motors Ltd.

IMED Pune:

  • About 150+ companies visit the college and participate in placement drives held every year. Moreover, certificate courses for enhancing job opportunities are also available for students.
  • The highest package offered at IMED is 54.08 lakhs per annum with an average package of 7.5 lakhs per annum.
  • Some of the top recruiters at IMED include Amazon, ITC, Reliance, Aditya Birla, Tech Mahindra, TCS among others.

Other than these, IMED has highly accomplished faculty teaching students with 90% holding a Ph.D. degree. Those at MITSOM have master’s degrees. Campus wise, some of the facilities available at IMED include libraries, computer labs, hostels, and gyms among others. Those available at MITSOM’s 25-acre campus include computer labs, cafeterias, student relaxation rooms, study areas within libraries, and more. If placement is the major concern for an applicant, IMED is a safer option.

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Is it good to do a BBA from an open university run by a state government like KSOU and TNOU to get in a better college in the future for studying an MBA?

KS
Krunal Saha, Posted On : October 27th, 2021
Studied at Indian Institute of Management Bangalore (2015)

Joining an MBA college does not usually depend on a student graduating with a regular course or correspondence course. But if you are not from a regular course, you tend to miss a lot of experiences which are only possible in a college atmosphere. 

During your interview for admission in an MBA course, you will be asked why you opted for this rather than a regular college. You might have to put some more focus on extracurriculars as they will also come in handy during your selection.

Your selection will only be considered if there are not many students from regular courses applying for MBA. It is a very rare situation, and you should not depend on it.

It is suggested that you go for correspondence BBA or any graduate course. Join the full-time program and get familiar with the classroom environment. Symbiosis or Manipal is recommended for BBA as they are more reputed colleges than state Universities.

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The fees of the IPM course at IIM Indore are too high. What is an alternative?

UG
Utsav Ghose Posted On : August 28th, 2021
Studied at Indian Institute of Management Indore

The total fees for IPM are nearly 20 lacs, but the returns will also be equivalent to the invested amount. You will be getting an IIM Degree and a chance to study with some of the best brains in the country.

There are many banks that will finance your education. Banks usually provide full education loans for students. Canara bank provides a full educational loan without any collateral. There are some scholarships as well such as the NBFA scholarship that are given to students of IPM.

But it is important to remember that the course will make them a better future if the candidate is ready to work hard and conquer all the challenges.

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What is better, to go for BBA+MBA integrated course from Nirma University or to do a simple BBA from Symbiosis or NMIMS?

SJ
Sheetal Jain Posted On : July 9th, 2021
B.Com(Hons.) from SVKM's NMIMS (2019)

BBA from all of these institutes, Nirma University, Symbiosis, and NMIMS is good. It now depends on whether you are willing to go for an MBA immediately after your graduation or not.

If you want to do an MBA and not want to get into giving entrances again, then go for Nirma, it is a decent pick. If you feel you can study in the 2nd and 3rd year of your graduation for MBA entrance exams. Then go for BBA from NMIMS or Symbiosis.

Categories

BBA+MBA at Nirma University

BBA at Symbiosis

BBA at NMIMS

Course Fee

17.95 lakh

9.10 lakh

2.87 lakh

Highest CTC

25 LPA

17 LPA

16 LPA

Average CTC

8-9 LPA

4.5 LPA

4.8 LPA

Recruiting Companies

TCS, Infosys, Wipro, Bosch, etc.

KPMG, Deloitte, Wipro, TCS, etc.

IBM, IDFC, Tech Mahindra, HCL, etc.

One thing more to note is whether you can study 5 years at a stretch in the same place or not. BBA from any of the above 3 is a good option. It depends on the choice of pursuing an MBA.

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How can I prepare for IIM Indore or IIM Rohtak IPM exams? I am currently in class 11 with commerce stream and ISC board (and not showing off I got 93 avg. in English class 10 ICSE board)?

PC
Payel Chauhan Posted On : July 31st, 2021
Studied at Indian Institute of Management Rohtak (2019)

It is great that you are thinking of pursuing IPM being in class 11. You have enough time. You can think of starting with Pearson’s IPM entrance guide. Figure out if you can solve the questions or not. If required, join online coaching classes like CareerAnna.

  • Develop the habit of reading. Start with novels that you might like in your preferred genre and move on to articles from the Indian Express or The Hindu.
  • Expand your knowledge and vocabulary.
  • Attempt one mock at least per month and one every week after your 12th grade. Analyze your mistakes and work on them.
  • Practice writing essays for WAT. You might be asked to write on random topics so ensure that you can write creatively within 20 minutes.
  • You can look at the previous topics asked in the examination which might help you.
  • In the interview round, prepare for current affairs and things you did in your 12th grade. GK and current affairs are essential for your preparation.
  • You can revise your academics, general HR questions and talk about your hobbies a week or two before your interview.
  • Ensure that your hobby stands out. Be thorough about it.
  • You need to set yourself apart from others for the college to see what is the unique thing that you can bring to the table.

Finally, be consistent in your work and start building your resume right away. Back your hobby with certificates, participate in competitions, and any other significant achievements you may have made along the way. Volunteer at a local NGO since social work is highly appreciated on your CV.

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Which one is better after 12th commerce, doing IPM IIM Indore or doing Chartered Accountant?

SL
Saija Luthra Posted On : January 12th, 2023
Studied at Indian Institute of Management Indore

Chartered Accountants and IPM from IIM Indore are not comparable because of their vastly different natures. You are advised to move toward the area of interest over here. IPM aims to develop each student holistically by helping him learn and excel in a variety of areas. Your presentation abilities improve, and your overall development is boosted. It has several different domains as its primary focus.

A CA, on the other hand, is deeply involved in the accounting industry. To be clear, it's a correspondence course. After studying, you take your exams, then write your articles. Your course of action in this will determine only your personality development and presentation skills.

You should choose between these two based on your area of interest.

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How much should I score in IPM to ensure my admission to IIM Indore? Can any selected student of IPM share his/her aptitude test score?

HJ
Himanshi Jain Posted On : June 26th, 2023
Studied at Indian Institute of Management Indore (2019)

The choice of questions attempted is critical in IPMAT, and students should aim for an overall attempt of 60-70% with 80% accuracy to secure a good score.

  • For the Quantitative Ability (QA) MCQ section, I recommend attempting 60% of the questions with 70-80% accuracy, while for the QA Short Answer (SA) section, attempting 60% of the questions with 9-10 correct answers can lead to a good score.
  • For the Verbal Ability (VA) section, attempting around 35-38 questions with 85% accuracy can lead to a good score. Students should analyze their strengths and weaknesses and attempt questions accordingly.

There is no fixed score for admission to IIM Indore through IPMAT, but attempting a good number of questions with high accuracy can help students secure a good score.

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Is it better to go for DU BMS instead of IPM of IIM Indore

AB
Akriti Banerjee Posted On : June 3rd, 2023
lives in New Delhi

Since you’ve not given any context to the question, the answer in any normal circumstance would be yes. Let’s understand why spending more than 5 lacs on an IPM degree is not worth your time and effort. 

  • Fee: BMS DU charges around 50,000 for the entire course where IPM fee is unnecessarily high just because of the IIM tag. I am not saying that there will not be any difference between the curriculum but the difference is not worth the money you’re paying. 
  • Syllabus: Although IIMs are known for their pedagogy and surely you’ll get professors who will change the way you see a subject. This kind of exposure at such an early stage of your life will widen the possibilities but if we talk about the syllabus of a BBA degree and that of a BMS degree, the difference is pretty evident. 

BMS is a slightly analytical degree that would give you an edge over students pursuing BBA or BCOM. I have seen BMS students acing CAT after basic preparation cause of their good grasp on logical reasoning. It’s a given fact that an average BMS students is more likely to score well in CAT than an average BBA/BCOM student. 

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Is there anyone who regrets joining IPM IIM Indore? Why?

KS
Kuheli Saha Posted On : August 30th, 2021
Studied MBA from IIM Indore (2020)

IPM offered by IIM Indore is a relatively new course. The lack of awareness regarding the course may have been a reason for regret for some students who joined initially. Here are some of the factors regarding the course which can be a bit concerning. 

  • The course fee is too high. So, it may not be a good choice in terms of ROI.
  • It’s a long-term commitment since the course is 5 years long.
  • Although IPM students sit alongside the PGP students for placements, some companies may prefer PGP students over IPM. As companies tend to consider IPM students as freshers, the average CTC offered to IPM students is less as compared to PGP students. 
  • IPM course curriculum is still experimental.

These are some of the things that students find most concerning about the IPM course. 

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What are the career options after the integrated 5years course in IIM Indore?

AS
Ankita Sinha Posted On : August 30th, 2021
Studied Integrated Programme in Management, IIM Indore at Indian Institute of Management Indore (2021)

The integrated IIM course offers a vast number of opportunities for the students. IPM students can be categorized into 2 branches, which are as follows. 

Students opting for PGP program: The majority of the students choose this option. The IPM students then sit for the placement process and take posts in Finance, HR, Marketing, Operations, etc, the same as the PGP students who get admission through CAT. However, there are some job profiles in Consulting which do not take IPM students due to their lack of experience.

Students who choose to exit after 3 years:  Some of these students apply to different B schools in India or abroad. The course taught in the undergraduate years of the degree is mainly liberal arts. It has subjects such as Economics, Statistics, Psychology, Political Science, Sociology, Communication, etc. So, you can therefore pursue master’s in these courses. Some of the students start preparing for civil services.

If you continue to PGP you will get the same job opportunities and exposure as the PGP students. You also have the option to exit the course after 3 years of the UG program. 

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