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Which is better to join sjmsom (IIT BOMBAY) or new IIM like Trichy, Udaipur, Ranchi etc. please give stats also?
When considering which business school to attend, it can be helpful to think about the impact that the institute will have on your resume. On the one hand, SJMSOM is an older institute that is well-known for its engineering program at IIT. While it may have a strong reputation in certain fields, it may not be as well-known for its MBA program. On the other hand, the newer IIMs, including IIM Ranchi, have not yet fully established their reputations in the business world. While they may have the prestige of being part of the IIM network, they may not yet have the same level of recognition as older institutes.
Ultimately, the value of an MBA degree will depend on what you make of it and the effort you put into your studies and career development. It is important to carefully consider both the reputation and the resources of the business school you choose in order to make the most of your MBA experience.
Which college should I join, SJMSOM or NITIE or IIM-I?
After doing some research on the internet, I would say that NITIE, SJMSOM, and IIM-I have their own pros and cons.
- Students with good academic records prefer to join IIM Indore rather than NITIE and SJMSOM.
- But there will be more opportunities available during the summer placement in NITIE and SJMSOM.
- In order to get a good placement in the final year, you must convert the opportunity into PPO/PPI.
- If you are more inclined towards marketing and finance then IIM Indore will be good for you, as it will provide better opportunities than NITIE and SJMSOM.
- If you are passionate about Supply chain and Operations then NITIE is the place to be.
- NITIE being in the financial capital of India offers a location advantage as compared to IIM Indore.
The below table can provide you with the basic information about them.
| Category | NITIE | SJMSOM | IIM Indore |
| Recruiters | Dabur, ITC, Johnson & Johnson, Marico, etc. | Amazon, Deloitte, Cadbury, Axis Bank, etc. | Abbott, Flipkart, Network18, Accenture, etc. |
| Average CTC | INR 20.88 LPA | INR 21.96 LPA | INR 23.6 LPA |
| Lowest CTC | INR 20.7 LPA | INR 22.00 LPA | INR 6.00 LPA |
| Highest CTC | INR 58.2 LPA | INR 32.80 LPA | INR 41.5 LPA |
Therefore, choosing NITIE, SJMSOM or IIM Indore depends on you and in which field you want to make your career. It will be completely your decision, so play along your strengths.
How much will a low grad score affect summer and final placements in NITIE (PGDIM), SJMSOM IIT B, and XLRI BM?
My cousin is an alumnus of NITIE and has spent two years in the institute as a student. His opinion is based on professional experience and may not be true for summer and final placements at SJMSOM and XLRI.
- Companies consider students with good grades as an equivalent proxy to dedication at the workplace, and the ability of the students to analyze critically and intensively.
- The merit required for the consideration is open to question and/or debate. Marks obtained in high school and graduation usually serve as filter criteria for filtering out worthy students from hundreds of them.
- Experience in work in domain and years or the lack of it and the college you completed your undergraduate degree from matter in a few cases.
- It is wrong to say that one of these matters will nullify and get you a place in the shortlist for the subsequent selection rounds.
A counter-argument can turn up claiming that the companies do not look at the scores. It is up to the students concerned to follow this notion.
Which college is better IIM Kozhikode or SJMSOM? I have a work experience of 23 months with average academics.
Definitely, both the B-Schools are great but IIMK should be your first choice. Unless we are discussing Operation then I would advise you to opt for SJMSOM.
You will have trouble with placements due to your average academics as most of your peers will have better academic records. You will always get opportunities to make your profile better. You can improve your profile by winning competitions, holding significant PORs, and getting an excellent grade in your MBA programme.
Even if you don’t get your desired placement, you can excel in the job and leverage your performance in the corporate world along with the IIM alumni network on your side. That way you will be able to fetch better opportunities a few years later.
Here are the recent placement highlights for the institutes.
| Parameters | IIM Kozhikode | SJMSOM |
| Average CTC | 22.5 LPA | 21 LPA |
| Highest CTC | 46 LPA | 32 LPA |
| Major recruiters | Asian Paints, Amazon, Brain & Co. | JCB, Infosys, Flipkart |
IIM Kozhikode definitely offers certain advantages which makes it a superior choice.
Which is better between IIFT Kolkata and SJMSOM??
IIFT Kolkata ranked 31st in India 2019 and the only institute that has been consistently ranked among the top 10 B-Schools in the country.
SJMSOM ranked 11th in the management category in the NIRF Rankings 2020. The institute consists of a faculty strength of 30 members.
Admission process:-
IIFT Kolkata
- Minimum of 50% marks in a bachelor’s degree.
- The cutoff required in the GMAT exam for this course is 115-118 out of 300.
- The total fees required is INR 7.6 LPA.
- The total intake is 140.
SJMSOM
- A graduation degree in any subject with a minimum of 60% marks from a recognized university.
- The candidates will be shortlisted based on the written test and personal interview conducted by the institute.
- The cutoff required in the CAT, XAT, GMAT exams is 90.
- The fees required is INR 9.61 LPA.
- The total intake is 152.
Placements
IIFT Kolkata always maintains 100% placements every year. The highest package received is INR 1.5 crore in 2019.
SJMSOM witnessed 100% placements yet again in the 2019-20 placement drive. The institute also saw a steep hike of 14% in the average salary since last year.
The table given below shows the placement statistics of both institutes:
|
Categories |
IIFT Kolkata |
SJMSOM |
|
Placement percentage |
100% |
100% |
|
Highest package |
INR 1 Crore |
INR 32.8 LPA |
|
Average package |
INR 20.07 LPA |
INR 20.98 LPA |
The top recruiters are Axtria, Polycab, Zomato, Paytm, Google, PwC, L&T, JP Morgan, Accenture, etc.
Facilities
- IIFT Kolkata is a veritable storehouse of information and includes almost 3780 books in all the areas relevant to management.
- The labs at IIFT Kolkata are well equipped with the latest computer technology with Wifi enabled facilities.
- The library of SJMSOM has a total of 6638 books and 851 journals on relevant topics.
- SJMSOM has two computer labs for the management programs and are connected to 100 Mbps LAN.
IIFT Kolkata is essentially a B-School offering MBA in various disciplines like marketing, finance, strategy, etc. SJMSOM is an IIT and not a traditional B-School but is quickly finding its way into the top bracket.
IIFT Kolkata provides a lot of opportunities to initiate new developments and contribute to the new campus. Although SJMSOM might have better placements in technology and other allied sectors, IIFT Kolkata is arguably a better business school than SJMSOM.
What should I choose between SJMSOM and IIM Lucknow considering that there is a fee waiver for SC students at SJMSOM? My profile is engineering fresher from a non IIT/NIT college with 9/9/8 acads.
Personally, I will recommend you join IIM Lucknow . The reason being your outstanding profile. With such an amazing profile you have multiple chances of getting selected in the top firms in Consulting and Investment Banking areas. Many of these reputed companies do not visit the campus if SJMSOM at all. So you will be losing a lifetime of opportunities.
Also, at the end of the day, IIM Lucknow is a top 4 IIM and its brand name will influence you throughout your life. The fees are not a problem as the majority of the students take educational loans offered at low-interest rates. You can pay it back within 5-7 years with the high paying job you land post-MBA.
What is the difference if I choose FMS (Delhi), JBIMS (Mumbai) or SJSOM-IIT Bombay over IIM-B, SPJIMR and other such institutes that charge hefty for MBA courses?
Choosing a B-school can be a tricky decision especially when it comes to ROI. I understand that ROI is one of the most important factors when it comes to MBA courses since funding your education with loans come with its own set of challenges. But the institutes that you have mentioned above certainly surpass the challenges since they belong to the tier 1 category.
You might come across articles and blogs stating that FMS or JBIMS do not provide a typical MBA environment but for me, that discussion does not even make sense. What is an MBA environment after all? You spent 2 years of your life at the campus and wish to land a good job. FMS, JBIMS, and IIT Bombay all three have good market reputations, they home the best candidates and charge minimal fees. So, if ROI is even a little bit of a concern for you, go for these colleges without any second thought or regret.
Which is a better college between SJMSOM and IIM Shillong?
IIM Shillong is the better college among these. The institute puts emphasis on hands-on learning. You will learn how to handle real-time issues. The coursework and teaching go well beyond classroom learning. IIM Shillong has made great strides in recent years in terms of facilities and infrastructure. It has an impressive placement record. IIM Shillong placements in 2022 witnessed the highest CTC of INR 55.22 LPA. This year the major recruiters were Deloitte, DE Shaw, TATA Steel, etc.
Which one is better for the long term: an MBA from IIM Shillong, IIM Trichy or SJMSoM IIT B?
IIT B is particularly known for its specialization in Operations. Although it has a decent specialization in other domains like Marketing and IT as well, it is for Operations that people usually choose it. Some consider IIM Shillong or Trichy a better option for Finance. But I personally think that SJMSom IIT B is overall a better choice.
I cannot choose one between IIM Trichy and Shillong as both are at an equal level at this point. Despite being new, Trichy has managed to be in the league of Shillong. It has been growing at a fast pace and may even surpass IIM Shillong in the near future.
So if I am to rank the above options it has to be
SJMSom>IIM Shillong=IIM Trichy
Which is a better college for finance: NITIE or SJMSOM?
I think I can give you some insight regarding NITIE and SJMSOM since I have friends from both institutes. Both are nearly identical, however, SJMSOM may be a better choice because NITIE promotes itself as an Operations majors institution, whereas SJMSOM promises to cover all fields. As a result, you may have more prospects in the finance industry at SJMSOM than at NITIE.
The table below has a brief comparison of the two institutes.
| Parameters | NITIE | SJMSOM |
| Course fee | 13 lakhs (approx) | 9 lakhs |
| Placement rate | 100% | 100% |
| Average salary package | 19 lakhs | 20 lakhs |
| Highest salary package | 46 lakhs | 34 lakhs |
So, going by the above-mentioned factors, I will say SJMSOM may be a better alternative for Finance.
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