MDI Gurgaon is a better option. It has a better location and offers good placement and return on investment. It is situated close to a major city. So, you will get better opportunities in terms of placements, internships, live projects, etc.
It has a great placement record. During MDI Gurgaon placements 2022, more than half of the batch received salary package of INR 25 LPA. The average CTC for the whole batch was INR 23 LPA.
You may want to consider MDI Gurgaon over IMT Ghaziabad. MDI offers superior course content, faculty involvement, and in-class experience. Additionally, MDI has a stronger alumni base and better placement record, which is crucial in today's competitive job market.
Recruiters also view MDI as comparable to the IIMs, making it a more reputable brand in the industry. This is especially important when you are competing against a large pool of candidates for that coveted job.
When it comes to placement packages, MDI outperforms IMT. The average and median packages offered during IMT Ghaziabad PGDM placements in 2023 were INR 17.35 LPA and INR 16.0 LPA, respectively. In comparison, the average package offered during MDI Gurgaon placements in 2022 was INR 26.2 LPA. The average packages offered during MDI Gurgaon placements in 2021 and 2022 were INR 22.05 LPA and INR 23.15 LPA, respectively. This indicates that MDI has a higher return on investment for students in terms of placement packages.
MDI Gurgaon will send you a call if you score above the sectional cutoff and 95+ percentile overall in the CAT exam. However, for the final selection, past academics are also considered. If your past academics are not strong, it may decrease your composite score. But, if you get a good percentile in CAT, that can compensate for your past academic performance and increase your chances of converting the call.
Additionally, it is crucial to smartly justify the reason for your average academic performance during the interview. If you were active in extracurricular activities, won competitions, or had any other significant achievements, these will act as positive points for you and help you stand out.
The interview process, which includes Personal Interview (PI), Written Ability Test (WAT), and Group Discussion (GD), has a 30% weightage in the final selection process. Past academics and other factors are given a 15% weightage. CAT percentile has the most significant weightage of 55%.
In summary, you may receive the call at the mentioned percentile, but to convert it, you must prepare well for the interview and present yourself in the best possible way, highlighting your strengths and addressing any weaknesses.
MDI Gurgaon is a great choice for an executive MBA program and is at par with other top-tier schools like IIM A, B, C, L, IIFT, FMS, XLRI, and IIT Delhi DMS. The 3-year executive MBA program for working professionals is extremely good, with the same course and faculty as that of the full-time one-year executive MBA and two-year full-time residential MBA program. It's an excellent institute and is even better than some of the newer IIMs.
However, it's important to note that the fees for the 3-year executive MBA program at MDI Gurgaon have increased enormously over the last few years and are almost 10 lakhs. If you're looking for other options, IIM Lucknow's Noida campus also offers a similar 3-year executive MBA program with fees of Rs 10 lakhs, and classes are held on weekends and weekdays.
IIFT Delhi is another option that offers a similar 3-year executive MBA program with fees of Rs 6.5 lakhs and classes on weekends. IIT Delhi also offers a similar 3-year executive MBA program with fees of Rs 4.10 lakhs, with classes on weekdays. FMS Executive MBA has fees of Rs 1 lakh only.
It's important to choose your education loan wisely, especially when considering the high fees for some of these programs. Make sure to do your research and compare the options before making a decision.
The final decision will be yours. The parameters of comparison are:
To start with, around 2,00,000 candidates appeared for the CAT exam. This means that for every percentile, there are about 2000 people.
Now, let's say that your percentile is 95, which implies that the 5 percentile is more than yours. In other words, approximately 10000 candidates have scored better than you in the CAT exam.
Suppose that 2000 candidates did not apply for MDI, which leaves us with 8000 candidates. Looking at your good scores in 10th, 12th, and graduation, you are better than at least 4000 candidates out of the remaining 8000.
So, the number of candidates left now is 4000. In comparison, IIMs and private/government colleges like SP Jain, FMS, etc., there are around 1500 and 1000 seats available, respectively, in the general category, taking BLACKIS seats into consideration.
Assuming that they all choose colleges other than MDI, the probable candidates left for MDI with profiles better than yours would be 4000-(1500+1000) = 1500. Now, the number of seats available in MDI is approximately 350.
Considering the average GDPI, the probability of your selection in MDI would be 350/1500 = .23333. So, you have a 23.3% chance of getting selected for MDI.
All three of the institutions, MDI, IIFT, and IIM Indore, are comparable, so admission shouldn't be based solely on the IIM moniker. Both IIFT and MDI have excellent lists of recruiters visiting campuses and smaller batch sizes. The IIFT is the best of the three if one is interested in trading or is fine working in general management roles in emerging economies. MDI is the best of the three for consulting-related jobs and a great campus life. Unfortunately, due to its enormous batch size, IIM Indore is no longer regarded as being in the same league as other old IIMs. At all three institutions, the faculty and teaching methods are comparable.
It would be MDI>IIFT>IIM I if you took into account things like placements, faculty, brand value, campus life, and location.
Determine what you want to learn in the two years you will spend at either of these colleges. Both colleges have very different offerings. Choose the one that provides you with more flexibility, a wider range of people to interact with and learn from, and opportunities to pursue your interests. These things will be more important in the long run because, after a few years, people will not judge you based on your alma mater, but vice versa.
Inquire about alumni interaction and entrepreneurship support. Even if you never want to be an entrepreneur, such networks can help you complete tasks that would otherwise take months. It is up to you to select the best college for yourself.
Among these, NITIE Mumbai is the best institute for an MBA. It is considered the Mecca of Operations and SCM. The Ops and SCM job profiles offered at NITIE Mumbai placements are even better than the ones offered from these sectors at IIM ABCL. The final placement record for 2022 showed the average CTC is INR 24.51 LPA. Highest CTC offered this year was INR 49 LPA.
Locational benefits, a huge alumni base, and a stellar placement record are some of the other factors that work in favor of NITIE.
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
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
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
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.