According to the placement information provided in the table, it appears that the institution has a good placement record, with the ROI hovering around 0.95. Based on this value proposition, you can come to a conclusion on whether it is worth paying a huge amount of fees to attend TAPMI Manipal by comparing the same information to that of other options you might be currently considering.
|
Year |
Average Placement Package (in INR) |
Fee (in INR) |
ROI (Placement Package/Fee) |
|
2021 |
Rs. 14.80 LPA |
Rs. 15,10,000 |
0.980 |
|
2022 |
Rs. 15.7 LPA |
Rs. 16,00,000 |
0.981 |
|
2023 |
Rs. 15.7 LPA |
Rs.16,50,000 |
0.951 |
You should also probably conduct further research and consider other factors such as the reputation of the institution, the quality of faculty, the curriculum, and the location to make an informed decision.
If you are a Delhi resident and don't want to go to Manipal, then you can opt for FORE, as both the institute are almost similar. TAPMI offers slightly better placements, but you can always get good placements from FORE if you work hard.
Both institute has similar fee structure as well, and you would spend a little extra in hostels and mess if you opt for TAPMI you can save if you stay at your home in Delhi.
The institute has a strong industry connection, and several leading companies recruit from TAPMI for their operations management roles.
Some of the top companies that hire PGDM students in Operations Management from TAPMI include
Amazon, Asian Paints, Cognizant, Deloitte, EY, Flipkart, HCL, Infosys, KPMG, L&T, Mahindra & Mahindra, PwC, Reliance, Tata Motors, and Wipro.
These companies offer roles such as Operations Manager, Supply Chain Manager, Logistics Manager, Production Manager, Materials Manager, and more. The average salary package for PGDM students in Operations Management at TAPMI is around INR 9-10 lakhs per annum, while the highest salary package offered is around INR 16-17 lakhs per annum.
Obviously, JBIMS in terms of their brand as well as placements. The average package is worth INR 27.63 LPA and the highest package is worth INR 42 LPA. It is one of the best B-Schools in India, which is in Churchgate, Mumbai.
|
Parameters |
TAPMI |
JBIMS |
|
Location |
Manipal, Karnataka, India |
Mumbai, Maharashtra, India |
|
Fees |
17.3 lakhs |
6.5 lakhs for MMS |
|
Highest Salary |
INR 22.3 LPA |
INR 42 LPA |
|
Average Salary |
INR 15.7 lakhs per annum |
INR 27.63 Lakhs per annum |
|
Top Recruiters |
Deloitte, EY, Amazon, KPMG, HDFC Bank, ICICI Bank, Infosys, PwC, HCL Technologies, etc. |
JP Morgan, Goldman Sachs, McKinsey & Company, Aditya Birla Group, Reliance Industries, Tata Group, Hindustan Unilever, Procter & Gamble, etc. |
JBIMS is better than TAPMI in all aspects. Also, TAPMI is a government institution and has a better ROI.
If you are getting an MBA at a reputable institution (let's assume tier II at least), you may be recruited as a consultant or a business analyst. You would receive approximately twice as much money as you did in your previous employment with TCS. It might rise more as well in a rare scenario.
Also, you have better possibilities to go onsite if you join TCS (or any other IT Firm) after receiving your MBA.
TAPMI, India's foremost business institution, provides management programs. Applicants for management programs are chosen using TAPMI's exclusive profile-based screening process.
This approach shortlists candidates based on their entire profile, which takes into account their educational background, professional background, extracurricular activities, and performance on entrance exams like the CAT, XAT, and GMAT. TAPMI chooses candidates from a range of backgrounds and skill sets by considering the whole person, not simply their entrance exam results.
After being shortlisted, aspirants go through a WAT and PI. Candidates are tested on a variety of qualities during the PI round, including communication prowess, capacity for analysis, and familiarity with current events. The WAT evaluates applicants' writing abilities.
The final selection is based on profile performance, WAT, and PI. TAPMI uses a profile-based selection technique to locate candidates that have the right combination of abilities, knowledge, and characteristics that align with the institute's goals and core values.
Both the colleges belong to the same league but you need to consider the factors that are important to you. For example, if you’re from Delhi you should definitely choose IMI over TAPMI. IMI has a batch size of 250 students for all of its courses while TAPMI homes nearly 600 students. The campus life experience would be better at TAPMI Manipal and you’d get to explore nature.
The decision to pursue an MBA program from a private business school will depend on your responsibilities, family background, and financial strength. Apart from these, the factor that should be the most important to a poor student should be ROI.
If you consider the average fees, the course duration, and the average package during placements, you can calculate the amount of time it will probably take to pay off your student loans. You can extend this method of evaluation to the various colleges mentioned in your question, and then pick the one with not only the best ROI, but also the least amount of time it takes for repayment.
No they are not the same. Manipal Academy of Higher Education (MAHE) and T.A. Pai Management Institute (TAPMI) both are in the same city but are different institutions.
MAHE is a proper university offering UG, PG, and Doctoral programs while TAPMI offers only PGDM programs.
TAPMI offers great operations management professors. For IT professionals like you, it has placed operations management students in consulting and IT firms. You may benefit from TAPMI's projected changes this year.