My answer is based on my sisters' experience and review who chose Jaipuriya Institute of Management Lucknow for PGDM because of its high rankings, faculty profiles, and the excellent placement scenario. Here is a review based on her experience
In all, Jaipuriya Institute of Management is a good choice for MBA.
Jaipuria Institute of Management studies is a private institution ranked at #76 for MBA by the NIRF 2020. It offers P.G courses in the Management domain. LU is a government University that offers numerous programs in various domains including management studies. It is one of the reputed and oldest universities of UP.
Given below is a brief insight into the MBA programs offered by the two institutes.
|
Parameters |
LU |
Jaipuria Institute of Management |
|
MBA courses |
Marketing, Finance & Control, HR & IR, International Business |
General, Financial Services, Retail Management |
|
Fee |
3.24 Lakhs |
10.05 Lakhs |
|
Entrance exam |
CAT/LUMAT |
CAT/XAT/MAT/CMAT/GMAT |
|
CAT cutoff |
40 |
50 |
|
Selection |
Personal Interview (PI) |
Group Discussion (GD), Personal Interview (PI) |
|
Intake |
420 |
700+ |
|
Average package |
3.1 Lakhs p.a |
6.7 Lakhs p.a |
|
Placement percentage |
72% |
98% |
The course fee for LU is quite affordable as compared to the Jaipuria Institute of Management and there are a lot of scholarship programs to aid the students from financially weaker strata.
However, the average salary and Placement percentage of LU are lower than the Jaipuria Institute of Management. Jaipuria Institute of Management has tie-ups with almost 50 top business companies, national and international. The top recruiters of the college are – YAMAHA, P&G, Flipkart, Oyo, Tommy Hilfiger, Patanjali, Airtel, Reliance, and many others.
I have a few friends who are alumni of Jaipuria College. According to them, the time they spend on the campus had a great influence on their professional career. Jaipuria Institute of Management has four campuses, i.e. Lucknow, Noida, Jaipur, Indore. All these campuses offer quality education.
Academics:
Jaipuria is great in terms of academics. You will receive industry-oriented education at the institute. The training, guest faculty, international lectures will make sure that you are up to date with the latest industry trends. You will definitely be on level ground with the MBA graduates from other reputed B-Schools.
Infrastructure:
The infrastructure at the campuses is quite great. You will have all the necessary amenities on campus.
Placements:
The training you receive at the institute plays a major role in the time of job interviews. You will be ready to sail through the selection process.
Here are the recent placement highlights.
Hope I was able to give you some ideas about the institute.
If you have great scores, I will recommend you to go for an institute better than Jaipuria and if you have average scores then too Jaipuria should never be your chance. In this case, you should get your MBA/PGDM degree from any average UP college that charges low fees in comparison to Jaipuria. The placement scenario will be similar and you will end up with a smaller loan to repay. I know a friend who completed her MBA from Jaipuria and later realized that she got zero ROI from the institute. Superficially, the placement scenario seems to be great, but the kind of companies that visit are average and the placement figures are inflated.
No doubt, the institute offers a great academic environment and placements, but getting placed in a good company might sometimes become very challenging and the overall ROI will be very low. However, the institute helps in the holistic development of the student's personality and helps them become a more confident person.
The Asia Pacific and Jaipuria Institute of Management both are among the top private business schools in India. The MBA program delivered by the two institutes has its own advantages which makes it difficult to choose one institute over the other.
Given below is a brief comparison between the two institutes.
|
Parameters |
Asia Pacific, New Delhi |
Jaipuria Institute of Management, Lucknow |
|
Established |
1996 |
1995 |
|
Rank |
41 for MBA by INDIA TODAY |
73 for MBA by NIRF |
|
Approved by |
AICTE, MHRD |
AICTE, NBA, AIU |
|
Course |
General, Marketing, International Business, Banking, and Financial Services |
General, Financial Services, Retail Management |
|
Course fee |
INR 9.65 Lakhs |
INR 10.05 Lakhs |
|
Entrance exam |
CAT/XAT/MAT/CMAT/GMAT |
MAT/CAT/GMAT/XAT/CMAT |
|
Selection |
Group Discussion (GD), Personal Interview (PI) |
Group Discussion (GD), Personal Interview (PI) |
|
Average package |
8.23 LPA |
6.7 LPA |
|
Highest package |
19.20LPA |
18.05 LPA |
|
Placement rate |
100% |
98% |
|
Top recruiter |
Aditya Birla Group, OYO Rooms, ITC, Nestle, etc. |
Colgate, Palmolive, HDFC Bank, Deloitte, etc. |
Jaipuria Institute of Management is the better option. It is among the finest B-Schools in the country. Jaipuria rand name is widely recognized in the industry. It offers great academics, and learning resources to students. The faculties are best in class.
In terms of learning, campus experience, overall exposure, and placement it is better than IMS. Jaipuria Institute of Management placement 2022 witnessed the highest CTC of INR 27 LPA. More then 250 recruiters visited the campus placements this year.
Jaipuria (Lucknow) Or Jamia Millia Islamia (Delhi) neither of these institutions is considered a top-tier choice for MBA studies. During the placement drive of Jamia Millia Islamia 2023, in which 25 companies participated in the placement drive. The highest CTC stood at INR 25 LPA which was offered by Amazon. The average CTC stood at INR 9 LPA. Unfortunately, the return on investment (ROI) in terms of salary packages versus the program's cost may not be favorable in either case. On the other hand, companies visited the Jaipuria campus for the first time. Jaipuria Lucknow's average package stood at INR 12.34 LPA, showing a 25% rise from the previous year, and JIM Lucknow's highest package stood at INR 22 LPA.
But in conclusion, if we compare these universities on the basis of ranking and overall placement Jaipuria is a better option for pursuing an MBA. Jaipuria ranked 25 whereas Jamia Millia Islamia stood 92 among the top MBA schools in India. So, it is clear that among these two universities, Jaipuria would be a better option than Jamia Millia Islamia (Delhi) for pursuing an MBA.
To be frank, none of the institutes you mentioned are worth joining for an MBA. Jamia is a bad choice for MBA and is likely a tier III institution while Jaipuria is probably tier IV. Jamia Millia Islamia average package for MBA 2022 is INR 8.8 LPA while Jaipuria Institute of Management's average package (2021-2023) is INR 12.34 LPA. The ROI offered is extremely low considering the fact that the cost of an MBA program is almost double the pay package you receive.
MBA is best taught at tier-1 and tier-2 colleges like IIM AND FMS. If you go for an average B School you will end up with a useless degree and a loan to repay.
However, if you are left with only these two options, then Jamia is still a better choice than Jaipuria as the fees charged are less.
Based on your education as an alumnus of JIMS Rohini (PGDM) and IMS (BBA), and your work experience of 7 years in the skill development sector for higher education in India, you are qualified to answer this question.
It is important to note that the colleges you mentioned are considered to be 'Tier 4 & Tier 5' B-Schools, meaning they are below average in comparison to other B-Schools. The median package offered at these schools is typically around 3-4 LPA with faculty that may not be as competent as those at higher-ranked institutions.
When comparing these institutes, you will find that they charge similar academic fees, but the placement opportunities and international placements they advertise may not always be attainable. Investing 7-8 LPA or more in an unstable job that pays less than half of the fees you paid for your education may not be a wise decision. Additionally, obtaining an MBA from these institutions is not only a financial investment but also an investment of your time and efforts.
For a better return on investment, it is recommended to attempt the CAT exam and try to get into the IIMs or FMS, as opposed to institutions like JIMS Rohini, Jaipuria Institute of Management Noida, or Asia Pacific.
In conclusion, it is not recommended to pursue an MBA from these colleges. A better option may be to invest the money into a fixed deposit or start your own business.
When it comes to getting admission to a top management school like TAPMI, your scorecard is the most crucial factor to consider. TAPMI accepts CAT scores above the 90th percentile and MAT scores above the 95th percentile. So, if you have scored above these percentiles, TAPMI could be a great option for you.
In terms of overall ranking, TAPMI is considered one of the best management schools in India, and it has consistently been ranked among the top B-schools in the country. This is due to several factors, including the quality of education, faculty, campus life, and placement opportunities.
TAPMI offers a well-rounded educational experience with a rigorous curriculum that covers all aspects of management education. The faculty is highly experienced and consists of experts from different fields. The campus life at TAPMI is vibrant and exciting, with plenty of opportunities for extracurricular activities, events, and cultural fests.
When it comes to placements, TAPMI has an excellent track record. The school has a dedicated placement cell that works tirelessly to connect students with top-tier recruiters. The institute has a long list of recruiters that hire from the campus, including some of the most reputable companies in the country.
Overall, if you have scored above the required percentiles and are looking for a top management school in India, TAPMI is definitely worth considering. It offers a world-class education, exceptional faculty, a vibrant campus life, and some of the best placement opportunities in the country.