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