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Should I join K J Somaiya PGDM FS or FORE PGDM?
FORE and KJ Somaiya are both excellent. The curriculum is designed in consultation with industry leaders and the growing demands of the industry as an ongoing process at FORE, making it relevant to the workplace. FORE has a strong connection with the corporate world and is a preferred destination for recruiters because it provides value to the recruiter as well. The average CTC offered by both institutes is nearly identical - FORE: INR 14.04 LPA & KJS: INR 12.28 LPA.
If you are not from Mumbai, you must also consider the cost of living. Delhi/NCR is always less expensive than Mumbai.
What should be preference order of IMT Ghaziabad courses- PGDM, PGDM marketing, PGDM finance, PGDM DCP, PGDM banking, insurance and financial services?
IMT Ghaziabad offers a variety of courses that cater to various specializations. These courses have been listed and explained in their order of preference
- PGDM Marketing/PGDM Full Time (Marketing): This is the most coveted program among IMT students mainly because today its alumni have acquired top positions in big firms. Other major reasons include top-notch faculty, great internship and placement opportunities in terms of role and CTC, IMT’s eligibility, and excellent performances in recognized marketing and strategy B Schools competitions.
- PGDM Finance/PGDM Full Time (Finance): This one is most suitable for aspirants who are interested in Finance. However, this program offers lesser opportunities than the Marketing program in terms of role and CTC.
- PGDM Full Time (Operations): This program offers opportunities similar to that of Finance. But the batch size of PGDM Operations is smaller than PGDM Finance, so it may be easier to secure an internship/final placement, but the opportunities come less compared to Finance.
- PGDM DCP: DCP or the Dual Country Program is for those who are keen to get international exposure. Compared to an MBA from a foreign university, this program is cheaper and yet offers an opportunity to explore a different culture and learn to make decisions in an international context. This is best suitable for those who are in the Marketing domain.
- PGDM Banking and Financial Services (PGDM-BFS): This program was launched in 2019 and is relatively newer. It targets the core Banking and Finance sector. While the MBA program aims to provide a holistic view of management, this program solely focuses on Banking and Finance.
- PGDM Full Time (HR): This is the least taken course and offers very less in terms of opportunities.
The courses have been arranged preference-wise so will make it easy for you to choose one.
How good is finance in IMT Ghaziabad? What are the placement opportunities? How is it compared to PGDM general?
IMT Ghaziabad is called the Mecca for Marketing. It’s well known for its specialization in Marketing, Sales, and Business Development based roles. I don't think it offers similar opportunities for finance as well. The placements are pretty good but getting internship offers is difficult for someone who is switching careers from IT to Finance.
So if you really want to pursue a career in Finance after your MBA from IMT Ghaziabad, you can try CFA, and FRM and have some past background in Finance
What kind of interview questions can we expect from LBSIM for PGDM finance?
One of my friends applied for PGDM Finance at LBSIM last year and was shortlisted for the interview round. Here are the questions that he had to answer during his interview.
There was a year gap after his graduation, so they asked what he did in that time period. He explained that he was self-employed. After the brief introduction, the following questions were asked.
- How will you explain balance sheet to students?
- Tell us something about Gearing ratio.
- Share your views about direct and indirect expenses.
- Tell us about Lawrence Curve.
- Tell us about Debt equity ratio.
To his surprise, he wasn’t asked the general questions like Why MBA? Strength and weakness, etc. Overall his experience was good and he was able to convert the call.
How good is KJ Somaiya for MBA in Finance and International Business?
To begin with, there is no such thing as a "flagship" in college, so you may not have heard anything about going to KJ Somaiya for marketing or that it is best for HR or Finance. All programs, specialized or super-specialized, are treated equally, and top-tier faculty are available for all courses.
There is almost nothing significant on which any of the programs can be graded. It all comes down to personal preference. If you want to work in International Business (finance or marketing), go for it; if you want to learn everything there is to know about finance, financial services are the way to go. In any case, you won't be short on opportunities.
Is the Presidency University Bangalore good for an MBA in finance for a better placement?
Presidency University Bangalore is a newly established private university ranked 36th for MBA by TIMES. The university was awarded with University of the Year in 2018 by EduTech review.
- Fee Structure and Eligibility:
The table below provides information regarding the fee structure and eligibility for the MBA finance program along with the cutoff.
|
Fee Structure |
Eligibility |
Cut off Score |
Seat intake |
|
INR 6.5 lacs |
Graduation + CAT |
108 |
600 |
- Curriculum:
- The course is spread over a total of four semesters and students are free to choose between a variety of electives.
- Some of the topics included in the curriculum are corporate finance, IT in Finance and Account, Business Ethics as well as Human Resource Management.
- When choosing electives, students can consider Project Finance, International Finance and Accounting, etc.
- Students are required to undertake a mandatory 2 month internship.
- Placements:
- Most students assume roles in the sectors of business analytics, corporate finance, banking & finance, etc.
- Some of the popular companies that visit the institute to hire students include Justdial, NIIT, Vivo, Kotak Mahindra, etc.
- Almost 90% students are placed from the course with the highest package of INR 20 LPA.
- The average salary package offered is INR 8 LPA.
- Faculty:
- Most of the faculty members are well learned scholars in their department and hold PhDs while some are advisors at top organisations like RBI.
- Further, some of them also have more than 35 years of teaching and academic experience.
The institute is relatively new and hence lacks a strong alumni network in the market and hence attracting lucrative offers by industry giants as of now. But the college provides a lot of opportunities and it is up to the individual to carefully scrutinize and then select a course in a particular college.
How is the XIMB full-time MBF (Management of Business in Finance) course?
MBF (Master's in Business Finance) is a course under the Xavier School of Commerce (XSC). It is important to note that XIMB and XSC are separate schools coming under the umbrella of Xavier University Bhubaneswar (XU). Some key highlights related to this course are
- MBF is a specialized program spread over a 2-year period divided into 4 semesters
- The course curriculum has 84 credits of classroom instruction and other credit components including two sets of elective specializations - "Banking and Insurance", and "Finance"
- Additionally, the program requires project work carrying 10 credits
- It covers immersion courses on current issues, seminars, workshops and interaction with industry experts.
- In the first two semesters, students get inputs on the basic areas such as Financial Accounting, Financial Management, Corporate Laws, Statistics, Economics, Research Methodology, MIS, Quantitative Techniques, and many more. These core courses set the foundation for more advanced courses such as Project Planning, Appraisal and Finance, Behavioral Finance, Financial Modeling, Business Analytics, Corporate Tax Planning, and so on.
- In the fourth-semester students will be required to opt for the electives of their choice. Currently, two sets of elective specializations are ‘Banking and Insurance’, and ‘Finance’, out of which each student will have to select one.
- While the program covers a wide range of courses, 'finance’ remains the main focus area.
- The knowledge base of the students also gets further strengthened by summer projects, immersion courses on current issues, seminars, workshops and interaction with industry experts.
- There are various leadership talks and conclaves organized by InfinX, the functional committee of the MBF program
The course is a good option for the qualitative development of an individual, and details regarding placements and internships can be checked from the official website.
How good is SCMHRD for MBA in finance?
One of my relatives who used to be a student of SCMHRD feels that the course is directly proportional to the quality or effort of the students who are a part of it.
He has shed some light on the following:
- Academics: The course curriculum can be a tad gruesome and it has more to do with finance as all the students are prepared to tough it out in finance. They will take some other specialization if not finance. So he advises the students and would-be students to prepare themselves. The course structure is similar to the standards of the industry and also on equal footing with other colleges of repute.
- Placements: Major banks like ICICI, Citibank, AXIS, HDFC, etc come to the institute for placements. They may offer positions like relationship managers or credit analysis, etc. They can also offer positions like equity research in HSBC, verity solutions, credit analysis in JPMC, DE Shaw, etc. You will be able to choose from a wide range of domains.
- Faculty: One of the teachers was CFA/FRM qualified. She had completed her CA, MBA, Ph.D., and was a banker.
- Background: Most of the candidates are from an engineering background. Some are from the CA background, BBA, and also from the commerce background.
The institute also provides a good platform for appearing in various events of the institute and corporate events. It can be a good way to stand out from the crowd.
Which one has a better fresher placement in MBA finance, JBIMS in Mumbai or FMS in Delhi?
FMS Delhi Placements 2023 has been concluded. A total of 269 students participated. FMS Delhi's highest package stood at INR 1.23 CPA whereas the average package stood at INR 34.1 LPA and the median package stood at INR 31 LPA. 97% of offers were made above INR 20 LPA. A total of 27% of students were placed in the Consulting Sector and there was a 19% Increase in the number of students placed in the BFSI Sector as compared to the last year.
JBIMS Mumbai is one of the most prestigious B-Schools in India. The institute has recently concluded its 2022 placement drive. The average salary increased by more than 20% as compared to the last year which stood at INR 27.63 LPA in 2022 whereas the median CTC stood at INR 26.48 LPA and the highest salary stood at INR 42 LPA. Consulting companies played the dominating role during the placement drive. Major recruiters included Deloitte, EY, PwC, Accenture, Infosys, KPMG, and many more.
There is no relevant data to tell us about Freshers' data, but both offer great placements regardless. Whichever location suits you; you can go there. However, FMS Delhi is the best according to me.
Of the two, TAPMI and IFMR, which one is better for PGDM Finance?
TAPMI is better than IFMR, both the highest and the average packages are better in TAPMI. Below is a table comparing the two on different and important aspects;
|
Parameters |
TAPMI |
IFMR |
|
Location |
Manipal, Karnataka, India |
Sri City, Andhra Pradesh, India |
|
Ranking |
NIRF #38 out of 125 in India 2022 |
NIRF #60 out of 125 in India 2022 |
|
Accreditation |
AACSB, AMBA, and NBA |
AMBA and NBA |
|
Fees |
INR 16.25 lakhs |
INR 14.56 LPA |
|
Highest salary package |
INR 22.3 LPA |
INR 20 LPA |
|
Average salary package |
INR 15.7 LPA |
INR 13 LPA |
|
Student Diversity |
Over 27 states represented |
Over 20 states represented |
|
Top Recruiters |
EY, HDFC Bank, HSBC Bank, Tata Capital |
Deloitte, Barclays, Tata International, SBI Capital |
It is subjective, so it all depends on your goals and preferences. Hope it helps, Choose wisely.
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