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How is NMIMS Mumbai for finance?
NMIMS MBA in Finance is widely renowned and is among the most coveted course. NMIMS Mumbai in itself is a brand well known for MBA with Finance being its specialization. After Finance it’s Marketing that has been doing well these days and HR is also growing at a steady pace. Yet, one has to admit that it’s Finance companies that offer the highest packages at NMIMS. NMIMS Mumbai comes right after JBIMS and SPJIMR.
NMIMS MBA placements for the Finance sector have been tabulated below
|
Company |
Role |
Number of students |
CTC |
|
IDFC First Bank |
Product, Sales, Operations, Analytics |
16 |
19-22 |
|
Credit Suisse |
Investment Banking |
4 |
17-21 |
|
CRISIL |
Equity Research, MT, Consultant |
13 |
14-16 |
|
Goldman Sachs |
IB, Equity Research, Risk |
16 |
13-25 |
Many other top companies visited the NMIMS campus for Finance placements. For a clearer pro tire contact an alumni.
For Core MBA, NMIMS is ranked around 20-25 and for Finance around 10-15. NMIMS Mumbai is a decent option in case you couldn’t make it into JBIMS, IIMC, FMS, XL, SPJIMR or MDI.
How is XIMB BM in comparison with NMIMS HR?
Pursuing a degree in HR from NMIMS would be a better option if it comes to educational excellence, ranking, infrastructure, campus life, hostels, or placement.
If we draw a comparison between these two prestigious institutions then it would depend on various aspects. They are as follows:
- Ranking and reputation: NMIMS Mumbai, has ranked 21st among the best management institutes in India by NIRF 2023. This proves the academic excellence, infrastructural ability, placement success, and reputation all over India. Whereas according to the NIRF report 2023, XIMB ranked #46 among all the management schools in India.
- Accreditation: NMIMS Deemed-to university is accredited by NAAC with a 3.59 CGPA and Grade A+, whereas XIMB is accredited by NAAC with an "A" grade.
- Faculty & alumni: The professors are very good at teaching and most of them hold a PhD degree in their field of expertise. Nitin Rakesh (Chief Executive Officer and Managing Director, Mphasis), Gautam Shiknis (Founder and MD of Palador Pictures), and many more eminent professionals are notable alumni of this institution.
- Placement: Placement statistics for the year 2023 are mentioned in the tabulated form-
|
Particulars |
NMIMS Placement 2023 |
XIMB Placement 2023 |
|
Highest Package |
INR 67.80 LPA |
INR 71.51 LPA |
|
Average Salary |
INR 26.63 LPA |
INR 20.03 LPA |
|
Top Recruiters |
Aditya Birla Capital, American Express, Goldman Sachs, Crisil, etc. |
ICICI Bank, Accenture, Cognizant |
After considering all of these factors, it is clear that NMIMS is the best fit for pursuing an MBA degree in HR. The campus, programs, and opportunities available align perfectly with the goals of an MBA aspirant.
Is a typical NMIMS Mumbai interview a normal one or stressful? Also, what are the chances of converting the interview round?
Whether your interview is a stressful interview or a normal one depends on your profile. If you have substantial work experience, the interview would be driven by that. On the other hand, if you are a fresher with little to show on your CV, it can be a stressful interview with hygiene questions.
If you are preparing for an MBA CORE interview, you should be ready to answer questions related to your field of interest. The interviewer may ask about your opinion on various government policies and new technologies related to your field.
If you are preparing for an MBA HR interview, be prepared for a stressful interview. The interviewer may grill you on your decision to pursue an MBA in HR and whether you are sure about joining the HR field. There may not be any technical questions, and the entire interview may be driven by hygiene questions.
Talking to your batch mates can give you an idea of what to expect in an interview. It appears that most MBA CORE interviews are normal and "chilled out," while MBA HR interviews are more stressful, as the interviewers want to be sure that candidates are committed to the HR field.
Out of 600 student's MBA batch of NMIMS Mumbai, how many actually get good placement? I mean more than their fees.
Although the batch size of NMIMS is huge, they always manage to place all of their students.
The average salary of the MBA core last batch was 23.7 lac per annum, and the highest salary of the batch was 57.6 lac per annum which is offered to a marketing specialist.
For HR, the average salary offered was 19.4 lac per annum, and the highest salary offered was 29 lac per annum. The majority of the batch was placed in BFSI and consulting jobs.
The fees for a two-year program offered at NMIMS is 21-22 lac per annum. So, the top 50% of the batch get more packages than the fee they deposited.
Which B-school is better for Finance, IMT Ghaziabad or NMIMS Mumbai? Considering the placements, profiles offered and ROI in the first place?
NMIMS Mumbai is better for Finance specialization. It has an excellent Finance faculty. In general NMIMS placements are better. During 2022 placement drive, students received the average CTC of around INR 23.07 LPA. CRISIL, HDFC Bank, EY, Goldman Sachs, etc. are among the major recruiters that take part in the campus drive frequently. Due to the small batch-size, every student get good opportunities during placements.
Students of NMIMS get the locational advantage. Being located in Mumbai, the finance capital of the country, it’s easier for students to get internships, projects, and placement opportunities.
Which is better, IIM Shillong, NMIMS or XLRI-HR?
NMIMS is in Mumbai, which makes it a professional hub. whereas XLRI is in Jharkhand and IIM Shillong is in Shillong. It ranks 30 on the NIRF 2020 rankings, XLRI on 9th, and NMIMS on 13th place.
Students need 50% and above marks in a bachelor's degree from a recognized university and the qualification of the CAT/MAT/XAT/GMAT entrance exam to take admission into the program. An interview/Group Discussion may follow as additional admission criteria.
The table below highlights these programs and institutes:
|
Parameters |
NMIMS |
IIM Shillong |
XLRI (HR) |
|
Placement rate |
90% |
73% |
100% |
|
Campus size |
8 acres |
120 acres |
50 acres |
|
Total Seats |
240 |
125 |
180 |
|
Fee |
10.8 LPA |
20 LPA |
23.6 LPA |
|
Average Package |
16 LPA |
18 LPA |
23 LPA |
Infrastructure and Faculty
- IIM Shillong, XLRI, and NMIMS have libraries, computer centers, seminar halls, auditoriums, sports facilities, and hostels.
- NMIMS has a video streaming facility on each floor. IIM Shillong has WMN in its dormitories and a common reading room as well.
- There are about 5-10 faculty members for the HR program at these institutes and they have been recruited after qualifying either the UGC Net exam or possess a Ph.D.
- Apart from this visiting faculty from universities abroad like the Dauphine University, University of Geneva etc; and business magnates come as guest lecturers from time to time.
Placement 2020
IIM Shillong
- The institute saw recruitments by 62 companies among which were Tata Group, Deloitte, And Aditya Birla Group.
- The highest CTC given was INR 28 LPA, and the average given to the top 20% of students was 22 LPA.
- Operations and HR students were given 20 LPA average CTC.
XLRI
- The HR program saw 100% placements this year.
- McKinsey and company, Goldman Sachs, and Aditya Birla group were the main recruiters.
- The highest CTC of 58 LPA was offered by an international company.
- 24 new recruiters including Myntra also joined this year.
NMIMS
- HR batch saw visits from 40+ fortune 500 companies and the top 200 were made an offer of 22.8 LPA.
- The highest domestic CTC given was 38.57 LPA, and the highest international CTC given was 58 LPA.
Students can make a decision based on the aforementioned factors.
What is better, to go for BBA+MBA integrated course from Nirma University or to do a simple BBA from Symbiosis or NMIMS?
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.
Is it compulsory to have Math's in 10+2 for admission to NMIMS Mumbai for BBA marketing and Finance?
To be eligible for the BBA and MMS programs, you must meet the following eligibility criteria:
- You must have passed 10+2 or an equivalent exam, including the International Baccalaureate Diploma (IB Certificate awarded not eligible) in any stream from a recognized Board at the first attempt.
- You must have obtained a minimum of 60% aggregate marks at 10+2 or equivalent examination to be eligible for the BBA program.
- Passing in Mathematics/Statistics at 10+2 or equivalent exam is compulsory to be eligible for the BBA program.
- Candidates with an IB Diploma applying for the BBA program are eligible only if the candidate has offered and passed Mathematics/Statistics at the standard level.
- Candidates of CBSE, and ICSE, should mention in the online registration form their 10th or equivalent aggregate marks of all the subjects for which the candidate has appeared (not best of four, five, six, seven).
- Candidates above 25 years of age are not eligible to apply.
- Candidates passing 10+2 or equivalent examination from an Open or Distance learning (ODL) School recognized only by the National Institute of Open Schooling (NIOS) can apply for the program subject to fulfillment of the eligibility criteria for the program. Candidates who have passed the the10+2 examination by doing a part-time course or through distance learning/correspondence/externally/open school other than NIOS are not eligible to apply for the courses.
- Only a single mark sheet with all subjects taken in the first attempt is mandatory, and no compartmentalized mark sheet is considered.
- The candidate who has NOT cleared the 10+2 or equivalent examination on the first attempt is NOT eligible to apply for the course.
- Candidates with a minimum of CGPA 3.0 after two years will be eligible for this program.
- Admission will be offered to the top 120 students from the BBA program for this program.
You should note that math is compulsory in 10+2, and you must have passed this subject to be eligible for the BBA program. Also, ensure that you meet all the eligibility criteria before applying for the program.
Should I attend NMIMS Mumbai or SPJIMR for an MBA in finance?
NMIMS Mumbai and SPJIMR are prestigious Indian business institutions with excellent finance MBA programs. We can consider these:
- Reputation and Rankings: SPJIMR frequently outranks NMIMS in national and international MBA rankings.
- Curriculum and staff: Both schools feature rigorous MBA programs with a finance focus and highly competent staff. SPJIMR's experiential learning comprises case studies, simulations, and industrial projects.
- Location: NMIMS is in Mumbai, India's financial center, which offers many finance internships and positions. SPJIMR is in a quieter Mumbai area.
- Alumni Network: Many successful finance professionals are alumni of both schools. SPJIMR alumni are more close-knit and supportive.
Both B-schools are good but the SPJIMR brand stands much above NMIMS. Placements are also good in SPJIMR and a small batch size is a big advantage. Projects are also good, so SPJIMR should be preferred.
Which law school is better, GNLU or NMIMS?
The certain winner here would be GNLU.
More batches have passed out from GNLU than NMIMS. GNLU also has better and more experienced faculties. Apart from these, GNLU is a well-established brand in the law education circuit. The campus, infrastructure, library, student quality is better at GNLU. You will get a lot more exposure, facilities, and opportunities at GNLU than at NMIMS.
Currently, there is a lot of room for NMIMS to improve. The classrooms are newly built and only a few batches of students passed out from NMIMS. Even though the student body is apparently doing well, it is yet to be established properly. The number of winners in MUNs, debates, moots, etc., is definitely growing but it still has a lot of work and improvements to do to become considerable. NMIMS is growing but to be as reputed and renowned as GNLU, will still take a lot of time.
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