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How are the placements at other B-schools like S.P Jain, JBIMS, NMIMS, SIBM and XLRI compared to the IIMs? Is it worth joining these institutes?
Although all the institutes offer good placement to its students, a comparative analytical report based on points would be helpful for you to decide which institute to choose for your higher studies.
XLRI:
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Some of the top recruiters who offer internship and job opportunities to the XLRI students are Aditya Birla Group, Amazon, Microsoft, are ITC, JP Morgan, Ramco Systems, Accenture, Sapient, ATG Tires, Lodha Group, RPG, Udaan, P&G, Colgate Palmolive, Ola, Myntra, Samsung, C K Birla, Power Finance Corporation among others.
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The highest and medium salary packages remain to be around 50 LPA and 12-15 LPA.
IIML:
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It offers 100% placement to its students.
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The top recruiters are JCB India, Bosch, Apparel group, Tolaram Group, RPG Group, and more.
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The highest and the medium salary range remain to be around 54 LPA and 23 LPA.
IIMK:
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Students at IIMK get 98% placement and the highest and the medium salary package remains to be around 40 LPA and 18 LPA.
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Some of the top recruiters who offer internship and job opportunities are Cognizant, Wipro, Amazon, Airtel, City Bank, Deloitte, Nestle, Bosch, Microsoft, Raymond, and more.
SIBM Pune:
It was ranked 6th by Outlook India in 2020.
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The top recruiters who offer placement to the students are Axis Bank, Flipkart, Diageo, KPMG, Capgemini, HDFC Bank, Mahindra CIE, ITC, and more.
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The highest and the medium packages are 34 LPA and 18 LPA.
NMIMS:
NMIMS has ranked 2nd among the top BBA colleges of India by India Today in 2020.
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Top recruiters of NMIMS students are IBM, Johnson, and Johnson, Deloitte, ICICI, HDFC Bank, Cadila, Mankind, Accenture, Amdocs, Bajaj Finserv, Aditya Birla Group, Alkem, Cipla, and more.
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The highest and medium salary packages remain to be around 30 LPA and 17 LPA.
JBIMS:
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Students receive job opportunities from various companies such as Mahindra Group, TATA Group, The Boston Consulting Group, Reliance Industries, Godrej consumer products, and more.
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The highest and medium packages that are offered are 32 LPA and 26 LPA.
These are the major placement related details that you should be taking into account while deciding whether you want to join any of these institutes or not.
What are the college timings for an MMS course at JBIMS and Sydenham?
Any typical day at JBIMS depends on your workload and the ongoing semester. The duration of lectures is 3 hours with a small break. The lectures take place in the following shifts
- 7 am-10 am
- 2 pm-5 pm
- 6:30 pm-9 pm
There might be one, two, or three lectures depending on your course. Another set of events that constitute a major part of your day is committee-related events like competitions. Apart from that you are always busy preparing for your presentations and assignments. Attending guest lectures is mandatory and no one can evade them.
The first semester is the busiest as it’s packed with induction, committee election, summer placements, and lectures. You won’t be able to sleep more than 4-5 hours a day and then soon adapt to the strenuous college life.
Is it worth to join an MBA at JBIMS at the age of 28 having lot of academic gaps and no any work experience?
Joining JBIMS for MBA without any work experience may have a slight drawback. Whether the overall experience will be worth it or not, depends on the exact purpose with which you have started on this journey.
With all honesty, your lack of experience and academic gaps will have a negative impact on your placements. Getting higher packages will be almost impossible as companies might object to your flaw in the profile. I am not saying that MBA will be a bad choice, but it will benefit you academically and not financially. It will increase your knowledge and skills and add value to your CV thereby improving your initial situation. But as far as placements are concerned, you will be slightly at a disadvantage to others.
You will be eligible for the final placements only and not the lateral ones. Many companies may or may not put filters on age, work experience, and academics. It all depends on the particular company and your luck. With excellent communication skills and content building, you can make your way into the interview and much more. But you have to strive hard for a very long time as the race is a difficult one for you. If you can prepare well with no pressure or expectations, especially during the summer internship process, you should be fine.
Coming to the knowledge and skills that you will acquire during the MBA, it will certainly have a positive impact on you. You will be able to get rid of negativity and focus on acquiring maximum knowledge.
Still, at the end of the day, I will advise you to get a job and get a level of experience to make your journey a bit easier.
Is it advisable to settle on JBIMS, if one only aimed for IIM's?
Comparing JBIMS with IIMs is highly unjustified as IIMs are way ahead of JBIMS or FMS even if we consider the ROI. They are unique in many aspects such as
- IIM ABC and ISB is the only B-schools that offer Investment banking profiles in placement. Even if we look at other profiles, it’s easy to infer that they are much superior in terms of quality than the ones offered at JBIMS.
- Being a pass out of IIMs or ISB, you have an upper hand in the higher spectrum of one’s career, i.e, leadership roles.
- JBIMS or FMS lack the general ambiance and culture of a typical B School due to a lack of residential and campus facilities.
- The peer quality of IIMS and ISB are much better than JBIMS whose gender ratio, diversity, and competitive exam are very one-dimensional.
- The only significant aspect of JBIMS is the ROI which when negated makes JBIMS as mediocre as SP Jain and MDI.
- The placement statistics of JBIMS are much similar to that of new IIMs or average B Schools like MDI, and SP Jain. They are in no way in comparison to the top IIMs even with batch sizes as small as 120.
So one should choose JBIMS or FMS over IIM only if one wants to spend low fees, take no loans, or pursue MBA in Mumbai or Delhi.
Which one is better: IIFT Delhi, JBIMS or SP Jain (Marketing) if I was looking for good placements and brand and I have converted all three?
To choose a college that is perfect for you, one needs to ponder various questions repeatedly. These questions will help you get a clear idea about what you want from MBA and which college will help you achieve that.
- Which area do you want to specialize in?
- Are you included towards functional level clarity (Operations, Finance, Marketing, Tech) or granular level clarity (FMCG marketing/Digital e-commerce marketing/Sales or Product Management/Project Management or General Management)
If the answer to it is yes, then analyze the reports of these institutes to find where each one of them stands. Looking at average CTC is not the right way and is in fact misleading.
Other things you should consider before choosing a B School are
- The admission procedure and the level of difficulty of entrance exams if these colleges
- The practicality and relevance of the curriculum as per the recent industrial trends
- The profiles of your batchmates and their diversity The size and brand of the alumni base and the opportunities you will be availing through them
- The importance of overall personality grooming
One thing you should keep in mind is that brands are just a stepping stone in your career journey and not the main factor. These institutes have been able to establish the brand name mainly because of where their alumni have reached now. So brands are helpful in the short run only.
How is a MSc Finance from JBIMS?
While considering the worth of any program you should consider 3 factors namely curriculum, peer learning, and profiles offered. Let’s discuss M.Sc Finance from JBIMS on the basis of the following factors
- Curriculum: The course structure is pretty good and the quality of knowledge one acquires is also decent. Experienced alumni are invited to hold sessions that explore corporate values. The teaching faculty is also learned and experienced.
- Peer group: Only 30 seats are available for this course so only the best and the cream students are selected. This is also why the peer crowd is extremely talented and there is cut-throat competition. Good peer learning enriched the overall experience of the program.
- Profiles: The placement opportunities are great at JBIMS and the alumni are always there to assist you. The profiles offered both in internships and placements are also decent. The students are encouraged to participate in competitions to upgrade their skills and gain exposure. Sharing the campus with MBA students adds up to the overall experience.
Which college is better, IIM Indore or JBIMS Mumbai?
JBIMS Mumbai is better, especially for Finance specialization. It offers a better ROI compared to IIM Indore. The course fees are around INR 6.05 Lakhs. While the average CTC offered is around INR 27.63 LPA according to JBIMS placements 2022. EY, PwC, Deloitte, Accenture, etc. were some of the major recruiters that took part in the placement drive.
The institute has an excellent alumni base, the networking opportunities are ample.
How is the daily life of a first year MMS student at JBIMS?
A first-year MMS student at JBIMS is jolted out of his comfort zone and thrown into a plethora of assignments, projects, knowledge sessions, virtually extempore presentations, quizzes, etc. You will experience a roller coaster of emotions and events and it can take a toll on you at least in the initial months.
The tight deadlines and sleep sacrifice will pave your way through the 2 years. You need to have tons of self-belief and perseverance that you are definitely going to make it through. This will in fact make your experience a thrilling one.
Looking around the campus you will find a highly energetic group of students always discussing an impending crisis. Students will always be seen carrying newspapers or magazines inside the campus.
As time goes by you adapt yourself to the tight deadlines and rigorous environment such that submitting assignments becomes a normal task and is thought to be accomplished in 2 days and preparing for presentations takes just a single night.
You can escape the stress and rigid campus life by taking part only in the compulsory events but that won’t help you to make the most out of your college life. Additional events like -
- Guest lectures maximizing corporate exposure
- Experienced in-house and visiting faculty
- Illustrious alumni base ever-ready to be the guiding lamp to the students
- Student-driven committees undertaking various activities lending some worthwhile hands-on experience in management
- Annual festival Prayaag
- Research presentation event Strategym
- Opportunities to participate in intercollegiate fests
All these opportunities in addition to the mandatory academics will help you maximize your experience at JBIM
I have a convert from MDI Guragon and will most probably convert JBIMS Mumbai as well. What business school should i choose? Why?
Of the 2 options, I will recommend you to go for JBIMS Mumbai. I have various reasons to support my opinion. The most important ones have been listed below
Quality of education: Owing to its location, JBIMS attracts many eminent faculty from the industry to the campus apart from the general guest lectures. Some of these big names include
- Prof. Moradian: Esse Group - Boman Moradian
- Prof. Shivanand & Kedar Mankekar
- Prof. Sandeep Gokhale: Appointed at JSW Aluminium
- Prof. Ghadiyar: Nitin Ghadiyar: Executive Profile & Biography
Placements: The quality of placements at JBIMS is excellent with many big firms visiting the campus. Some of the big names in respective domains are
- Finance: Citi, Stan C, HSBC, JPMC, all Indian banks, IB roles
- Marketing: HUL, P&G, PepsiCo, Marico, ColPal, Dabur, HCCB
- Consulting: Mckinsey, BCG, EnY, Cognizant Business Consulting, Infosys Consulting
Industrial Touch: With its splendid location, JBIMS enjoys strong interference with industries. These industries give live projects to the students that provide top-notch learning opportunities. The campus is within walking distance from big shots like HDFC, HUL office, ICICI, BCG, and McKinsey.
Competitions: The students at JBIMS have made their names by participating in National Competitions like HUL LIME, P&G Dream Team, JP Morgan - The Deal, Nomura Investment Banking Case Study Contest, and PepsiCo BIAC.
Alumni base: JBIMS has an elaborate alumni base and has been nicknamed the CEO factory owing to the huge number of CEOs it has given birth to. Some of the most famous ones are
- Noshir Kaka - MD, Mckinsey India
- Nitin Paranjpe - Former CEO HUL, now, Global role, Unilever
- Kainaz Gazder - Former Marketing Director, now, Global role P&G China
- Vinita Bali - Leadership Role at Britannia
- Mani Ratnam - Acclaimed Film-maker
- Sam Balsara - Madison Communication
- Chanda Kocchar - MD, ICICI Bank
- Ajay Piramal - Piramal Healthcare
- Paresh Sukhtankar, MD, HDFC Bank
- Sanjay Lalbhai, Chairman & MD of Arvind Ltd.
JBIMS is in the vicinity of Marine drive and other places of socialization. The hostel is just five minutes away. Overall the campus and the institute, in general, seem promising and you won’t regret your decision of joining it.
Is it okay to leave JBIMS for IIM Trichy as it has an IIM tag and the companies prefer IIMs more?
There are nine reasons for choosing JB over Trichy. Firstly, JBIMS has a stronger alumni base, with many successful CEO's having graduated from the institute. Secondly, JB has a better reputation in the industry. Thirdly, JB ranks in the top 10 colleges, while Trichy is far behind. Fourthly, the average salary offered at JB (INR 27.63 LPA) is higher than that offered at Trichy (INR 17.01 LPA). Fifthly, JB offers better roles and opportunities. Sixthly, the location of JB (Mumbai) is a major advantage over Trichy. Seventhly, the IIM tag carries more weight when one graduates from BLACKI compared to a newer institute like Trichy. Eighthly, the return on investment for JBIMS is higher than that for Trichy. Finally, the cutoff for general category applicants at JBIMS is 99.93%tile+ in the CET, while the cutoff for Trichy is 93%tile+ in the CAT.
This demonstrates the higher level of competition at JB compared to Trichy.
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