TAPMI Manipal has been ranked 27th, whereas NMIMS Bengaluru has been ranked 92nd and IMI Delhi has been ranked 28th for MBA by NIRF 2020.
Course Structure:
IMI
TAPMI Manipal
NMIMS Bengaluru
Placements
TAPMI
NMIMS Bangalore
IMI Delhi
All these institutions provide quality education courtesy of highly qualified faculty, some of which are advisors to top government organisations and corporates. Hence, an individual should make a choice according to his/her field of interest and after considering all the relevant facts.
First of all, congratulations on graduating and making the best decision to opt for an MBA in Finance. You have to carefully examine the infrastructure, fees, facilities, and faculties before confirming an institute, and this is a crucial step for every candidate.
Let us have a brief comparison of the colleges you have preferred-
So, you can go with the option of Welingkar School for your studies.
Both the certification courses PMP and SSGB fall under the Operations domain yet are very different in reality.
PMP: This course facilitates handling and delivering projects efficiently and quickly. If you are interested in Project Management, the best option is the Project Management Professional (PMP) certification which is affiliated with Project Management Institute, PMI, USA. It
also provides PDUs.
SSBM: This course facilitates proper optimization of business processes, minimizing waste and time wastage. If you are interested in the Six Sigma Green Belt (SSGB), then Indian Statistical Institute (ISI) Kolkata is the best option available. Some even think ISI Pune is good yet I will recommend you to go for Kolkata itself.
There are several factors that you should consider before deciding on a business school. Fee is one of them; though the fees you pay at any business school is not directly equivalent to the average package offered, so keep that in mind before making any decision.
Now, Management schools generally increase their annual fees by 10 to 20% every two years. For instance, in the year 2018, MICA increased their fees from Rs 16.5 lakhs to 18.5 lakhs and then last year, they increased it again to Rs 20 lakhs. Similarly, SIBM Pune increased their fees by 20 % in the year 2018. Thus, bear in mind that most business schools change their fee structure annually or bi-annually while it is a deciding factor, it is also highly common.
Tabulated below are the recent fee structure and average salary offered by the institutes:
|
Institute Name |
Fee Structure |
Average Salary |
|
MICA |
21 LPA |
13.9 LPA |
|
SIBM Pune |
18.8 LPA |
20.14 LPA |
|
IIM Shillong |
10 LPA |
18.76 LPA |
Comparison:
MICA is an excellent college with a unique structure; people are creative and innovative there. The college will definitely help you grow and will offer you a very different and unique experience, unlike a traditional management school. While it is a good and upcoming college; it has to work to match up to management colleges like SIBM Pune and IIM Shillong.
Between KJ Somaiya- FS, FORE IB, and PGDM in GLIM, Gurgaon which one you should choose depends on your perspective and expectation from the MBA degree. Given below is a brief discussion on the programs maintained in the question.
KJ Somaiya:
KJ Somaiya is considered one of the best MBA institutions. Situated in the finance capital of the country, Mumbai, KJ Somaiya offers excellent placements in the Finance domain.
FORE School of Management -
PGDM IB (International Business Management) is a 2 year full time course which aims at preparing students to take up careers in corporate houses and family businesses engaged in International Business Operations. It provides management education in the context of the global business environment.
Great Lakes Institute of Management, Gurgaon -
It is one of the top 5 emerging MBA colleges in Delhi NCR.
You have asked multiple questions at the same time and I'm here to clear all your doubts. Starting with the first part is how NMIMS is, well it is better than the newer IIMs and institutes like IMT, SIBM, SCMHRD, and IMI. In case you have calls from these, straight away go for NMIMS only. You can pursue an MBA with any specialization here. You should reconsider your decision however if you have calls from MDI, NITIE, IIFT Delhi, IIT Bombay, and JBIMS and you are willing to study something apart from Marketing.
However, NMIMS is not comparable to the older IIMs and FMS.
Cost of MBA (2 years )
The yearly NMIMS MBA fees are INR 11.95 Lakhs Fees. The additional costs are around 2.4 Lakhs every year. So the total cost of an MBA for 2 years is around INR 28.7 lakhs.
Worth
It’s impossible to evaluate correctly if a certain B School is worth the money. Some end up with high packages while some with low packages. Also, ROU is a broad term and cannot be determined by just the package you receive. Most of the time I have seen the lives of people with low packages change after their first job. So the initial package is just a stepping stone and not a deciding factor.
Placements
Some major companies that visit the campus for placements are Aditya Birla Capital, EY, Capgemini, Cognizant, ICICI Bank, etc.
IMI Delhi is a relatively better choice, especially for pursuing a major in finance, as they have fantastic placement support. Let us have a detailed view of IMI Delhi
Scholars – IMI Delhi is gifted with well-qualified and experienced faculty support. You will have the opportunity to attend the classes of genius scholars like Sanjay Dhamija
Subjects – Students can advance their knowledge by exploring a wide array of subjects like Investment Banking, Equity Research and Portfolio Management, Private Equity, Treasury and foreign exchange, wealth management, and so on.
Clubs and Society- There are finance clubs and an Investment society, which encourage the students to get actively attracted to the subject knowledge and allow them to be updated
So, never hesitate to choose IMI Delhi.
No matter which B School you choose, PGP is always a better choice than ABM. But there might be a specific reason why you got an ABM offer rather than a PGP. But at IIM Lucknow, students of both programs are offered equal opportunities. These include final placements. summer placements and subsequent PPOs.
The major drawback of ABM is that you are deprived of the PGP electives and can cover ABM electives only. These electives cover strategy marketing and operations.
Talking about your offer from SP JAIN for IM, let me tell you that in this regard, IIM Shillong is a much better choice. Its campus in Dubai is a testament to its worth.
The BA course has been recently initiated at both institutes. Without second thoughts, Great Lakes has top-notch faculty who handle the courses meticulously. But the competitor IIM Calcutta makes the discussion more difficult.
The only difference between the two courses is that IIM Calcutta has probably started the BA course because of its flagship PGPM program under the IIMC brand. Whereas Great Lakes BA is another flagship program. So the focus might be better.
Choose IIM Calcutta if you are willing to attach yourself to its brand name for the rest of your life.
Engineering colleges such as SNIST, CBIT, Vasavi, and MGIT charge high course fees because of the facilities they offer. These colleges have great faculty bases. Students are provided with ample learning resources. These colleges also offer good returns on investments. Here are the recent placement highlights of the institutes.
| Colleges | Average CTC (in INR) |
| SNIST | 4 LPA |
| CBIT | 6.5 LPA |
| Vasavi | 4 LPA |
| MGIT | 4.06 LPA |
These are the reasons why SNIST, CBIT, Vasavi, and MGIT charge high course fees.