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How is the PGP finance program in IIM Kozhikode?
The PGP finance program at IIM Kozhikode is indeed good. IIM Kozhikode is the 4th Ranked B-School in MHRD NIRF Ranking (2021) among the top 100 Management Institutes.
The PGP Finance is a two-year full-time masters level program designed to aid students in pursuing careers in the financial world, in domains such as corporate finance, investment banking, and wealth management.
Most of the courses are very easy, especially for commerce graduates from DU or other reputed colleges.
How was your SPJIMR interview experience for the finance stream?
One of the students interviewed by SPJIMR on 25th February 2021 for the finance stream, shared their experience. During Group Interview 1, two professors and three students were present. You should give well-prepared answers when asked about yourself, why you want to pursue an MBA, your long-term and short-term goals, and your favorite subject. You should also confidently answer questions about financial management, such as what CAPM is and what Beta is in CAPM. If you are unsure of an answer, you should try to explain it as best as you can.
When asked about the performance of banks in the country and whether the latest budget provisions will help, you should be well-prepared with your answer. When comparing recent changes to those made in the 90s, you should try to highlight both the positives and negatives. When asked about the challenges you've faced during bank audits, you should answer based on your experience in the sector.
During Group Interview 2, two professors and four students were present. You should confidently answer questions about your experience during Group Interview 1 and explain why you want to pursue an MBA and your long-term and short-term goals. If asked about your hometown, you should try to answer as best as you can. If asked how you would cope in SPJIMR for two years, you should link your answer to your audit experience of going outstation for months and managing to cope well.
Which one is better: NMIMS, JBIMS, or SP Jain for Finance if I was looking for good placements and brands?
If you are considering pursuing an MBA in finance at NMIMS, JBIMS, or SPJIMR, the ranking is JBIMS > SPJIMR > NMIMS.
JBIMS has a high-quality education due to the prominent faculty members who come to the campus regularly to teach and give guest lectures. Some of the notable faculty members include Prof. Moradian, Prof. Shivanand & Kedar Mankekar, Prof. Sandeep Gokhale, Prof. Ghadiyar, and Prof. Jagdeep Kapoor.
The institute also has an excellent placement record, with major companies such as Deloitte, EY, PwC, Accenture, Insofys, and KPMG visiting the campus. The average salary during the 2022 placement drive was INR 27.63 LPA, with the median CTC at INR 26.48 LPA and the highest salary at INR 42 LPA. The 2021 summer internship placement drive was also a success, with the highest stipend offered to be INR 5.67 Lakhs per month and the average stipend at INR 2.05 Lakhs per month.
JBIMS also has a strong industrial interface, with many companies providing live industrial projects to students, which is a significant benefit. The institute is located in Mumbai, which is close to many corporate headquarters, such as HDFC, ICICI, BCG, and McKinsey.
The institute has also performed well in national-level competitions, such as HUL LIME, P&G Dream Team, JP Morgan - The Deal, Nomura Investment Banking Case Study Contest, and PepsiCo BIAC. The alumni network of JBIMS is extensive, with notable alumni such as Noshir Kaka, Nitin Paranjpe, Kainaz Gazder, Vinita Bali, Mani Ratnam, Sam Balsara, Chanda Kocchar, Ajay Piramal, Paresh Sukhtankar, Sanjay Lalbhai, Rohit Narang, Shruti Bajpai, Ravi Chaturvedi, Siddharth Roy Kapur, Uday Kotak, Harish Manwani, Parag Gude, and many more. JBIMS is referred to as the "CEO factory," which is a testament to the quality of education and training provided.
How is the placement of the IBS Hyderabad in finance?
Many get confused between ISB and IBS Hyderabad. The former is a top B School with high Global rankings while the latter is a mediocre college.
As far as placements are concerned, they depend more on an individual’s profile, skills, knowledge, and personality than the college they hail from. Yet I have to admit having IBS on your resume will definitely limit your chances of getting a decent package. This is because the brand value is low and it does not meet the standards of the top B Schools. I know a friend who after graduating from IBS did his internships at a top bank and ever since then has been unemployed in the search of a decent job.
My personal advice regarding higher education is that it’s better to invest and go for a college that will add value to your resume in the future than spend less money and go for a mediocre college that might make the job-hunting game a difficult one for you.
Which one is better for MBA/PGDM Finance, NMIMS Bangalore or GIM, Goa?
Both the universities, GIM and NMIMS are reputed in the field of Management education. But since you don't have NMIMS Mumbai as an option, you might give it a second thought.
When it comes to NMIMS Bangalore, GIM is a much older player in the field of PGDM. Even if we see the rankings, GIM is considered in the top 20 to 30 including IIM in the list. They have experienced faculty, very decent placement records, and a very strong alumni base.
So I would suggest not running after an umbrella institute under the NMIMS brand name and rather going for GIM.
What should I choose between SPJIMR Finance and IIM Lucknow, having converted both?
If you are deciding between IIM Lucknow and SPJIMR for Finance, it is important to weigh your options. Here is what you need to know about IIM Lucknow's Finance faculty and placements:
- Placements: IIM Lucknow Finance placements have been doing well, with a good number of front-end roles coming to the campus. The highest salary for Finance stood at INR 53.34 LPA and the Mean salary at INR 32.21 LPA. Some of the companies that recruited from IIM Lucknow for Finance roles include JP Morgan, Citibank, Morgan Stanley, Black Rock, Kotak, Investec, Avendus, Arga Investments, Spark Capital, Ernst & Young IBD group, Piramal Group (Capital Markets), Deutsche Bank, Bank of America Merrill Lynch, Citibank, Goldman Sachs, Nomura, Standard Chartered, and HSBC.
- Front-end roles: Many companies offer front-end roles at IIM Lucknow, including JP Morgan, Citibank, Morgan Stanley, Black Rock, Kotak, Investec, Avendus, Arga Investments, Spark Capital, Ernst & Young IBD group, Piramal Group (Capital Markets), and foreign markets desks based out of India like Deutsche Bank, Bank of America Merrill Lynch, Citibank, Goldman Sachs, Nomura, Standard Chartered, and HSBC.
- Learning and Faculty: The Institute offers a good number of electives in Finance ranging from subjects like Investor Psychology, Quantitative applications in finance, Project Finance, Corporate Banking & Risk Management, etc. The faculty is able to provide exposure through guest lectures and industry workshops.
On the other hand, SPJIMR may not have as many big-name companies visiting for Finance roles compared to IIM Lucknow. From what has been reported in the media, some notable names missing at SPJIMR during the past 2 years include Citibank (front-end markets role), JP Morgan (front-end markets role), Nomura, Deutsche Bank, and Bank of America Merrill Lynch. However, Barclays visited SPJIMR but not IIM Lucknow in the last 2 years.
When choosing between the two institutes, it is important to consider your personal goals and interests. Do your research and decide which institute aligns better with your career aspirations.
Which would be a better choice of B school between New IIMs (Ranchi, Raipur, etc.), MDI, IIFT Kolkata, IIT-B (SJMSOM) with finance as a specialization?
Among these colleges, IIFT Kolkata or MDI will be better for Finance. According to MDI Gurgaon placements 2022 record, BFSI, and E-Commerce sectors had placement rates of 22% and 13%. During 2021 placement drive, 55 students from MDI were placed in the Finance sector. The highest CTC offered in this sector was INR 21-23 LPA.
You can also consider IIFT Kolkata. It offers similar opportunities as IIFT Delhi, in the Finance sector. During IIFT Kolkata Summer placements 2021, the top recruiting sector was BFSI.
How is life after passing out from JBIMS of finance student?
Life after passing out from JBIMS or any other Business school is full of drastic changes. Some major changes your life may have are listed below:
- Everyone around you overestimates you as a Business School graduate. People have high expectations from you being a Management Trainee.
- The B School has taught you the talent of handling tight deadlines and this comes to use during your initial years post-graduation.
- You start making a lot of money but the sad thing is that even that much money is not enough to satisfy you. Your expenses increase considerably including your clothes, food, vacations, etc
- You start traveling a lot. This may include a casual meet-up with a friend, a business trip, or even a vacation.
Ultimately your life takes a drastic turn imposing new professional challenges that make you either successful or wise or both. So make sure you enjoy your life to your fullest while in a B School for life will change terrifically after graduation. Make a lot of memories and keep learning new things.
How is VGSoM for finance?
Out of the seven streams of MBAs offered by VGSOM, finance stands out for its excellent placement record and practical tutoring.
As NIRF ranks VGSOM at 5th place in its overall ranking of Management program, it can be said with affirmation that the institute is excellent in its finance coursework and teaching.
Here are some reasons to support this.
Admission:
VGSOM offers two classes of the course MBA and Executive MBA.
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There are 140 seats in each batch, a portion of which is reserved for the finance students.
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The entrance for both is done through the Written Aptitude Test (WAT) and Personal Interview (PI).
The MBA fee in VGSoM for the first year is INR 521,900.
????Infrastructure & Faculty:
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VGSoM campus is situated at the extension of the 2100 acre IIT KGP hold, settled in the heart of the city.
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The campus houses massive classrooms, computer & IT labs, auditorium, cafeteria, hostel, sports complex, among other basic amenities.
?????Placement:
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The campus invites over 70 recruiters for participation.
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In the latest placement cycle, the highest package offered was 29 LPA, and the average package offered was 18 LPA/
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Across all streams, the package varies from 10 LPA to 30 LPA each year.
In the two-year MBA course-work offered by VGSoM, aspirants aiming for a degree in Finance need to look no further and lock VGSoM as their top choice.
What are the merits of SIBM Pune over NMIMS Mumbai? Is SibM worth it for finance?
Both the colleges give an equal edge to each other in terms of establishment and worth yet if I had to choose one, I would definitely go for SIBM. I have stated a few points favoring and reasoning my choice
- Batch size: The major perk of SIBM over NMIMS is its small batch size in comparison to NMIMS. This facilitates better placements and teacher-student interaction.
- Fees: The fees of SIBM Pune is lower than that of NMIMS because of accommodation and living costs.
- SIBM Pune MBA fees: ? 13,49,000/Yr
- NMIMS MBA fees: ?11.95 Lakhs (1st Year Fees)
- Hostel: SIBM Pune has a hostel facility in contrast to NMIMS which has hostels for limited people that too at a high cost.
- Campus life: SIBM Pune provided you with an experience of campus life which is lacking on the part of NMIMS.
- Placements: Although both the B Schools have a 1% placement percentage, the quality of roles is low at NMIMS due to the huge batch size. The time taken for the batch to get placed is also more in the case of NMIMS.
- COL: The cost of living is less in the case of SIBM Pune whereas a lot is in the case of NMIMS Mumbai.
- Specialization: While NMIMS is mostly known only for its Finance, SIBM excels in both Finance as well as Marketing.
All these points conclude that SIBM Pune is a safer and better option.
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