I’ve had the opportunity to visit IIM Kozhikode, IIM Bangalore and IIM Ahmedabad for various competitions. While at these institutes, I interacted with many students. Some of them were from Economics background, and one had even completed her graduation in Philosophy.
Students from all these backgrounds, including BBS/BMS enjoy the diversity factor. This gives them an upper hand in the selection process over Engineers. But to enjoy this benefit, one must have a good CAT score, and a good academic record.
Prepare well for your CAT, and make sure you have a good academic record. If you fulfill these criteria, you’ll get into IIM Ahmedabad, regardless of your educational background.
Also, make sure to prepare well for the quant section of CAT. This is where the engineering students outdo the candidates from other academic backgrounds.
Among these two options, NMIMS BBA is the better choice. The course is well-designed as per the current trends of the industry. The curriculum is interactive and there are various study-based projects and presentations that will keep you engaged.
NMIMS BBA placements are pretty good. Around 100% of students get placed. The average CTC received by the student of this department is INR 3 LPA.
NM College BMS is a better option compared to NMIMS BBA. The course fee is nominal. The total course fee for the 3-year long course is around INR 84,000. While NMIMS BBA total fees are around INR 9.30 lakhs. NM College placements are good. The median CTC offered was INR 4 LPA during the recent placement drive. The ROI is definitely better compared to NMIMS BBA.
The five-year IIM Indore IPM degree combines undergraduate and postgraduate management courses. Students who want to start their management career after 12th grade should take this course. The programme comprises economics, accounting, marketing, and human resource management classes and internships with prominent organisations. This management programme is well-regarded and offers great job chances.
BMS at Xavier College Mumbai is a three-year undergraduate programme that covers all elements of management. This programme teaches management skills. The programme offers internships, economics, statistics, marketing, and finance classes.
Both degrees are well-regarded and provide great managerial careers. IIM Indore's IPM programme may be a fantastic choice for 12th-graders who want to start their management careers. The BMS programme at Xavier College Mumbai may be preferable for you if you desire a more conventional undergraduate education and then management.
Bachelor of Management Studies (BMS)
Bachelor of Management Studies (BMS) is a three years undergraduate program in management. BMS is necessary to run an organization efficiently. This course from Hinduja college provides students with vast knowledge. These are essential for various co-curricular activities and training sessions. They help the development of the students and train them for many challenges.
Listed below are more details about the course from Hinduja College:
Bachelor of Financial Markets (BFM):-
BFM has courses linked with Finance and its derivatives. It has been designed to help students with the resources efficiently. It offers tremendous scope and has a good future in the present generation.
Eligibility Criteria:
The eligibility criteria for BFM in KC, HR and Jai Hind College are given below:-
Admission Fees:
Career Options and Scope:
After pursuing BFM from these colleges, the scope is plenty. Here are a few points about the placements:
Both BFM and BMS are equally good and have a better scope. Every college is at the same level. There is no rigorous difference that would matter in the future. If you want to choose then pick as per location, life-style, crowd, etc. It is upon the students what they want to select.
Both NMIMS and St. Xavier’s are highly reputed institutes in Mumbai and ranked amongst the top 10. NMIMS is ranked 22nd by NIRF in the MBA category while St.Xavier’s is ranked 4th by The Week for Arts. NMIMS has international collaborations with University of Florida, TelAviv University and King's College London amongst many others. Both these institutes have highly qualified faculty who strive to curate global leaders.
Admission Process
NMIMS
St. Xavier’s
At St.Xavier’s, students are given admission for BMS based on a 60% weightage to Entrance Test and 40% weightage of Class XII aggregate marks.
Fee Structure
Placements
NMIMS
After BSc Economics at NMIMS, a student can pursue PG in economics/management, a career in finance/industry/banks, market research institutions as market analysts. The key placement highlights are:
St. Xavier’s
After BMS, a student can get into administration & operations, project management (executive level), enterprise management, human resource management & development, data management & system analysis, sales & marketing, and financial management. The notable features about placement statistics are:
BMS and BSc Economics are entirely different fields to compare. Selecting a course and a college depends much on the present industry developments apart from personal interest. It is upto the individual to analyse and come to a conclusion after considering the stats.
BBA and BMS are two different courses. When making a choice between NMIMS BBA and Shiv Nader BMS, give preference course over institute. Choose what interests you more.
On an overall scale, NMIMS BBA is a slightly better choice. Due to the locational advantage, you will get good exposure. You can do internships and projects while pursuing your BBA. NMIMS placements are good for BBA. The salary packages offered goes up to INR 12 LPA.
No, having Maths as a subject combination is not a necessary criteria to pursue BMS at Wilson College, Mumbai. I know students from non-mathematical backgrounds who are pursuing their BMS from Wilson. There are even students from Arts background. So, it doesn’t matter, if you don’t have a Mathematics background. But you should note that the BMS course includes Business Maths.
Since you’ve not given any context to the question, the answer in any normal circumstance would be yes. Let’s understand why spending more than 5 lacs on an IPM degree is not worth your time and effort.
BMS is a slightly analytical degree that would give you an edge over students pursuing BBA or BCOM. I have seen BMS students acing CAT after basic preparation cause of their good grasp on logical reasoning. It’s a given fact that an average BMS students is more likely to score well in CAT than an average BBA/BCOM student.
Among these, Christ University is the best option for Bachelor of Management Studies. Their BBA degree is reputed across the country. Christ maintains an optimal faculty-student ratio, to ensure every student gets proper faculty guidance and help. According to Christ University placements 2022, the average CTC for UG courses stays in the range of INR 12-15 LPA.