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Are New IIMs (Trichy, Udaipur, Ranchi, Rohtak, Raipur, Kashipur) good for MBA in Finance? If not suggest some B-schools. Really interested in investment banking.
Honestly speaking, a career in investment banking should not be considered by the new IIMs. It’s a too ambitious profile to match the relatively new curriculum of these IIMs. Even if you are in a top B School, you will have to remain among the top students to get placed for a front-end role. One can still get roles in corporate & business finance but getting roles in Investment Banking is rather difficult.
Yet if you are not choosing an older IIM and want to choose a newer one, IIM Trichy is the best among them. The order is
IIM Trichy > IIM Udaipur > IIM Ranchi
There are many B Schools apart from IIMs that offer great Investment Banking roles. These include SPJIMR, JBIMS Mumbai, IIFT, and XLRI.
I am interested in a quantitative finance-oriented Ph.D., so should I apply for an FPM in the Finance/Control area or Decision Sciences in IIM Bangalore?
Firstly IIM Bangalore does not offer FMP in Maths because it does not specialize in Maths. So if you are going for the quantitative field you need to choose an area of interest on your own.
In India Finance has more to do with economics rather than Maths. This is because of the lack of Maths in UG and PG schools. So the research work has a qualitative approach rather than a quantitative one. Here math is just used to express the research conducted and is not for actual research purposes. So based on this information, I have 3 suggestions for you
- If you are hell-bent on pursuing mathematical finance, do it outside India where the score is higher.
- Applying in both areas will widen your prospects. The only requirement is that you must do your area-specific courses.
- Don’t neglect other areas of finance that are very interesting and also quantitative. These include Corporate Finance or Banking.
Based on my suggestions and information you can make a wise decision that suits you the best.
I have been shortlisted for DCP program in IMT G and MBA BM in XIMB? Which one would be better among the two?
I would say that you should definitely choose XIMB.
It's their primary program, and it will be much better than IMT G's DCP program. Just because of cost. The DCP program has fees that are over 22 lakhs and an average package of around 9 lakhs per annum. In contrast, the XIMB BM program has an average package of 13 lakhs per annum and fees of 15.40 lakhs for two years. Also, keep in mind that the DCP program is still new, so there won't be much support from the business.
I would have considered IMT G if it was a full-time program. If you can move up to IMT Ghaziabad and want to get an MBA with a focus on marketing and entrepreneurship courses, you should choose IMT Ghaziabad. But the DCP course fee isn't worth it for the same opportunity unless you want to work abroad, especially in Dubai.
Which college is good for an MBA distance, NMIMS, IMT Ghaziabad, Symbiosis or IGNOU?
The distance MBA aims at promoting easy-to-access education without interrupting your work and personal life. The colleges you mentioned NMIMS, IMT Ghaziabad, Symbiosis, or even IGNOU are all good but for distance learning Chandigarh University is the best option. With Chandigarh University’s Distance Education and Open Learning program, you can learn from a variety of Industry relevant, well-organized learner-centric programs with placement support. This program is most suitable for those who are on the lookout for quality education but have locational issues. Some major highlights of the distance MBA course from Chandigarh University are
- Linked with the industry
- Flexible curriculum that facilitates learning
- The distance programs are on the same level as on-campus programs
- Globally accepted curriculum
Eligibility: The eligibility criteria for distance MBA at Chandigarh University is
- Bachelor degree in any discipline from recognized University/ Institution, or
- Graduates of recognized professional programs like CA/ ICWA
Duration: 2 years (minimum)
Specialization: The Distance MBA offers the following specializations
- Finance
- Marketing Management
- Human Resource Management
- International Business
Fees: The fees structure is as follows
|
Particulars |
Odd Semester |
Even Semester |
|
Academic Fee |
INR 9950 |
INR 9950 |
|
Registration Fee |
INR 2500 |
- |
|
Exam Fee |
INR 2000 |
INR 2000 |
Does the ISB Hyderabad offer a PGDM or an MBA for a undergraduate having less than 24 months of work experience?
Yes, ISB Hyderabad offers an MBA program for an undergraduate with less than 2 years of work experience through these 2 options.
Young Leaders Program: This program is eligible for students who are pursuing Bachelor’s or Master’s education. To be eligible for this program, students need to take either GMAT or GRE. However, GMAT or GRE is not the only criterion in the selection process.
The pedagogy comprises on-campus and online learning modules that are finally integrated into the flagship PGPM program.
Early Entry Option: This option is for the ones who have completed their graduation but haven’t gained any experience yet. The eligibility criteria include sufficient GRE or GMAT scores. However, the admission, in this case, is deferred subject to the condition that the student completes 2 years of work experience if selected. This means if he gets selected, his admission is guaranteed after 2 years of work experience.
These are the 2 options available at ISB Hyderabad for those who have less than 2 years of experience.
Shall I go for PGDBM from NMIMS, or shall I go for PGCBM from XLRI, Jamshedpur? Please feel free to advice any other course, apart from these two related to EMBA. I have 5 plus years of experience.
XLRI has a strong reputation for Human Resource (HR) management and Industrial Relations (IR) studies. If an individual is specifically interested in HR/IR, then XLRI would be a better option compared to NMIMS (Narsee Monjee Institute of Management Studies). However, if you are looking for a general management program, then NMIMS would be a better choice because of its excellent peer group and rigorous curriculum.
XLRI is still a good institute for other streams, but it is more specialized in HR and IR. Similarly, NMIMS is known for its general management program, and it may not have the same level of expertise as XLRI in HR/IR.
For an MBA HR, should we choose IIM Ranchi (PGDMHRM) or SCMHRD?
To answer your question in better terms I will rate the colleges based on parameters such as placements, curriculum, and alumni base.
- TISS / XLRI - TISS has an advantage owing to its smaller batch and location in a metro (Mumbai). XLRI excels in the Alumni network and the variety of roles offered. In addition, the option of getting a Non-HR profile after an MBA has increased its ranking considerably.
- MDI Gurgaon - After this, MDI Gurgaon bags the position because of its location and strong alumni base.
- SCMHRD - It is a decent college but the quality of the crowd is substandard when compared to IIMs.
- Newer IIMs like Ranchi
- IMI & other colleges
Which one should I choose for a PG in pediatrics, CMC Ludhiana or DMCH Ludhiana? What about the stipend in these two?
Both Christian Medical College CMC Ludhiana and DMCH Ludhiana are well-respected institutions for postgraduate studies in pediatrics. However, I recommend that you go for DMCH Ludhiana as it’s the most coveted medical college in Punjab owing to its top-notch infrastructure, clinical exposure, and the expertise level of faculty.
CMC Ludhiana too is an excellent medical college but the only drawback is that it’s a minority-based college so the seats in open merit are rare. It’s known to have the best Pediatrics department, so it’s an excellent choice too given that you have no financial constraints.
Lastly, I don’t think you should be choosing or evaluating colleges based on the stipend they pay. AIIMS pays the highest stipend but is that the reason it’s the dream college of many? Well, no. So it’s better to look at the bigger perspective and make a well-rounded decision.
After a B.Tech from an IIT, should one go for an MBA from IIT Bombay / Delhi or from newer IIMs like Kozhikode or Ranchi?
The answer to your question is objectively based solely on your inclinations. IITs might offer a better ROI than IIMs. But had I been in your place I would have gone for the newer IIMs like Kozhikode or IIM Ranchi which is one of the fastest-growing IIMs. The reasons for taking this decision would have been
- Better opportunities in finance, marketing, and consulting domains.
- Better placement opportunities
- Better industry exposure
- The prestige of being a part of the IIM alumni network
- The IIM tag
All these points make IIM a more tempting choice. Yet if you are tight on budget and just want to go for the Operations domain IIT will do fine for you.
Which is better: electronics and instrumentation in Thapar, IT in Maharaja Agrasen College or CSE in Maharaja Surajmal College?
Among these three colleges it will be better if you go for CSE at MSIT. As CSE is the most sorted department which will provide you with immense opportunities in the corporate field.
It is recommended that you do not opt for Thapar or especially electronics and instrumentation, as your scope will become limited. CSE or IT will open several gates for your future ahead.
Since you do not have any inclination towards any branch, a core branch like ICE which will require you to be one of the top students in the batch to secure a good job in the core company. Or you will get offered a job from mass recruitment companies.
So it is better to pay less for your undergraduate degree, stay in Delhi and pursue the course in demand.
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