It is hard to compare particularly the finance stream but overall comparison is given below in the table;

The Great Lakes Institute of Management is a comparatively better choice. Let us have a brief comparison of both XIME and GLIM, which will help you get more clarification

Great Lakes Institute of Management

GLIM was ranked 31st among the Top 50 Management Institutes for Research and Teaching in India by NIRF. GLIM has well-qualified faculty from universities including Kellogg, Stanford, and Yale. This institute is also renowned for its well-established infrastructure

Fees – To secure a seat at GLIM, you need to pay around INR 1046000

Placement Statistics

Xavier Institute of Management and Entrepreneurship

XIME was ranked 17th among the Top B Schools all over India by GHRDC in 2016. They offer Collaborations with foreign universities like Guangdong University of Foreign Studies, Guangzhou, China, and Shanghai International Studies University for student and faculty exchange programs. 

Fees - To secure a seat at GLIM, you need to pay around INR 1186000

Placement Statistics

So, it is good to go with the option of the Great Lakes Institute of Management.

NMIMS Mumbai and SPJIMR are prestigious Indian business institutions with excellent finance MBA programs. We can consider these:

• Reputation and Rankings: SPJIMR frequently outranks NMIMS in national and international MBA rankings.
• Curriculum and staff: Both schools feature rigorous MBA programs with a finance focus and highly competent staff. SPJIMR's experiential learning comprises case studies, simulations, and industrial projects.
• Location: NMIMS is in Mumbai, India's financial center, which offers many finance internships and positions. SPJIMR is in a quieter Mumbai area.
• Alumni Network: Many successful finance professionals are alumni of both schools. SPJIMR alumni are more close-knit and supportive.

Both B-schools are good but the SPJIMR brand stands much above NMIMS. Placements are also good in SPJIMR and a small batch size is a big advantage. Projects are also good, so SPJIMR should be preferred.

IIT Kharagpur for operations would be better than IMT Ghaziabad (finance). As IMT Ghaziabad is more famous for its marketing course than finance. IIT Kharagpur is known for its operations management program and has a strong reputation as an institution of the Indian Institutes of Technology (IITs). A few key aspects of IIT Kharagpur are as follows:

• In 2023 IIT Kharagpur secured 14th rank among all top management schools in India. This does reflect its academic excellence, infrastructural abilities, faculty strength, and placement records.
•  The faculties are adequately skilled and helpful while imparting quality education.
• The hostel's amenities include triple and double sharing, as well as all the essentials. The food is of high quality, and you will have four meals. The admissions procedure includes signing up for the hostel. Accommodation in a hostel is required for all students.
• IIT Kharagpur placements 2023 have been concluded. IT Kgp highest package stood at INR 43.37 LPA whereas VGSOM IIT Kharagpur's average package stood at INR 22.13 LPA.

So based on these aspects IIT Kharagpur is a better option for pursuing an MBA in operation management.

Out of all these colleges, IMI Delhi seems to be the best option for a person looking to major in finance. IMT Ghaziabad has been known for its marketing for a long time and SCMHRD, as the name suggests, is an amazing institution for HR. XIMB is also a decent option for finance but IMI seems to edge it out due to the following reasons-

• Intellectual capital: IMI New Delhi is one of the premier B-schools in the country. The faculty of IMI is renowned and they are among one of the best minds in the country.
• Alumni Base: The institute is 42 years old, so the alumni base is very strong. Some of the top leaders of the industry are graduates from IMI.
• Batch Strength: A small batch enhances the overall classroom experience. IMI has a decent batch strength. Neither too big nor too small. PGDM: 235 seats, PGDM BFS: 50 seats, PGDM HR: 45 seats
• Placements: The average package of students at IMI for 2023 was 17.01 Lacs and recruiters for finance included American Express, Bank of America, Barclays, and HSBC among others.

In my opinion, the best option among the given colleges is SCMHRD’s finance. I am not saying this on my own, but the data reflects the results. Let’s check the final placements for each college in the finance area.

The average package offered in the finance area at IMI Delhi is 17.64 lac per annum for the last batch. For IMT Ghaziabad, this figure is 14 LPA. XIMB is a little better than these colleges, with an average package of 20 LPA, but SCMHRD excels all of these with an average package of 22 LPA and the highest package of 27 LPA.

IMT is a well-established college and comparing it to a mediocre college like TAPMI is not justifiable. Of the two, IMT Ghaziabad is clearly a better choice. To explain further I have compared both these institutes on the basis of some parameters like

• Establishment: Both these institutes were established in 1980 so they carry an equal legacy.
• Alumni: Despite a similar legacy, IMT Ghaziabad alumni are placed in higher positions and top firms today. The extensive alumni network has opened gates for corporate and industry exposure. IMT Ghaziabad’s alumni comprise more than 300 CXOs.
• Location: IMT Ghaziabad enjoys a better location advantage over TAPMI
• Pedagogy: Both the Institutes are AACSB accredited and follow similar curriculums yet there is a stark difference in the quality of education. This is because of the better pedagogy at IMT Ghaziabad than at TAPMI.
• Faculty: IMT Ghaziabad's teaching methodology is way ahead of that of TAPMI and the credit goes to its excellent faculty with amazing profiles. They have great industry exposure and help the students grasp the concepts practically.
• Placements: IMT Ghaziabad has an upper hand in this aspect also. This can be explained further through the table below

From the table you can easily infer that the placement scenario is far better at IMT Ghaziabad than TAPMI. In fact in almost all aspects IMT Ghaziabad is way ahead so it’s definitely a better choice than TAPMI.