If it’s to choose between SPM PDPU and IMT Nagpur, then IMT Nagpur should be an easy pick if you want to pursue a general MBA. If you just want to go to SPM PDPU for a better ROI and do not have any interest in petroleum management, you might be making a big mistake.
If you have a petroleum engineering background, you could take a chance and get into SPM PDPU. The college has a decent placement and better ROI than IMT Nagpur but the only concern is that it is a very niche course and although we do have big brands and a pool of industry dedicated to this field I would suggest thinking it over and going for SPM PDPU only if you are sure you do not want to switch to any other domain any soon.
Take a look at the table below for your reference:
|
Particulars |
SPM PDPU |
IMT Nagpur |
|
Total Fee |
8.50 Lakhs |
13 Lakhs |
|
Highest Package |
21 LPA |
20.14 LPA |
|
Average Package |
9.2 LPA |
10 LPA |
You should first figure out if you are planning to join the college for placements or if you actually wish to improve yourself. 10 years back, a lot of students from IMT Nagpur did not get placements and jobs.
It does not mean that you will not get placed at all. You will ultimately get a job but you should remember that ultimately what will help you is what you have learned during your degree. Your focus should be on your teachers as they will ensure that your base concepts are good and jobs will keep coming later in your life.
| Particulars | IMT Ghaziabad | IMT Hyderabad | IMT Nagpur |
| Highest Salary | 38 LPA | 20 LPA | 16 LPA |
| Average Salary Range | 10-15 LPA | 7.64 LPA | 7.97 LPA |
| Placement Percentage | - | 95.9% | 95% |
A friend of mine is now the regional HR head at Glenmark Pharmaceuticals in Africa.
Both the colleges are equivalently comparable. BIMTECH wins hands down owing to its location and the Birla brand value. Many of my friends have graduated from BIMTECH, they suggested BIMTECH Core because the exposure you will get at NCR will be much better than at Nagpur.
Here’s a brief comparison of both the colleges.
|
Parameters |
BIMTECH |
IMT Nagpur Finance |
|
Total Fees |
12 Lakhs |
12.12 Lakhs |
|
Placement Average |
96.59% |
85% |
|
Average CTC |
8.13 LPA |
7.64 LPA |
MBA is not about the syllabus, Its about how much you learn and get exposed to. Hence, I would recommend you speak with current students of IMT as well as BIMTECH, even try to visit both the campuses if possible, and then make a decision.
Among these, IMT Nagpur is better for marketing. It has an outstanding marketing faculty and the placement record is decent as well. During IMT Nagpur placement 2022, the highest CTC, i.e. INR 23.57 LPA was offered by the Marketing sector. Students of Marketing specialization usually receive an average CTC of around INR 7 LPA. The major recruiters are usually from FMCG, BFSI, FMCD, and Manufacturing sectors.
When it comes to PGDM, IMT is preferable to both colleges. DCP, however, might not be the best option because of its expensive price and unpredictable placements. In terms of the caliber of placements and courses, I believe FORE and TAPMI are pretty comparable. Compared to FORE, TAPMI has a locational disadvantage but has a lesser fee compared to FORE so TAPMI offers a better ROI.
To get admission into IMT Nagpur, a minimum cutoff of 90 is required.
BIMTECH should always be your first choice with respect to XIME Bangalore although they are in the same league.
It depends on your personal career goal and aspiration. If you want to take Marketing as a major, then I would suggest preferring IMT Nagpur because IMT as a whole is known for its marketing program. IMT Nagpur has a lower fee in comparison to Symbiosis Nagpur.
SIBM Nagpur has a strong placement record with an average package of INR 19.5 LPA being offered to the top 10% of the batch. The IT/ITES sector emerged as the top sector for placements, with 19.4% of students being placed in this field. The 2022 placement drive included reputed companies such as Genpact, Paytm, Tata AIG, and Reliance, indicating that SIBM Nagpur has established relationships with leading recruiters.
if you are interested in pursuing MBA in IT and analytics, or if you value the reputation of the institution as a whole, then Symbiosis Nagpur may be a better fit for you.
Ultimately, it's important to do your own research and consider all the factors that are important to you, such as program offerings, faculty expertise, location, overall cost, and overall reputation.
The following table shows a comparison of the mentioned colleges:
|
Factors |
IMT Nagpur |
BIMTECH |
GLIM Gurgaon |
|
Batch Size |
360 |
417 |
NA |
|
Courses Offered |
PGDM, PGDM (Finance), PGDM (Marketing) |
PGDM, PGDM International Management, PGDM Insurance Business Management, PGDM Retail Management |
PGDM and PGPM |
|
Campus |
27 acres with a library, gym, medical facilities, and hostel available |
7 acres with facilities like gym, sports, medical, and hostel |
7.5 acres with library, gym, medical, and hostel facilities. |
|
Placements |
Average 10.81 LPA |
Average 11.25 LPA |
11.6 LPA average |
|
Fees |
14,50,000 |
13,00,000 |
17,75,000 |
Upon comparing the above 3 colleges, IMT Nagpur seems like a better option than the others in terms of ROI.
According to the placements data that are given on their official website, MDI Murshidabad leads the way with an average package of 12.67 LPA, but it could be misleading since there is a huge difference between their average and median packages.
Take a look at the table below and make an informed decision.
|
Institutes |
Batch size |
Highest (LPA) |
Average(LPA) |
Median (LPA) |
|
IMT Nagpur |
NA |
20.14 |
10.81 |
10 |
|
NMIMS B |
153 |
19.7 |
14 |
13 |
|
BIMTECH |
367+ |
23.43 |
10.5 |
NA |
|
MDI M |
158 |
20 |
12.67 |
11.4 |
Choosing between these two colleges and courses IMT Nagpur's Marketing program or BIMTECH's Insurance Business Management program highly depends on your interests and your career aspirations. If you want your career in marketing and you see yourself working as a marketing professional you should choose IMT Nagpur and vice-versa.