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Which is better for finance, Lal Bahadur Shastri or Fore School of Management? Is it worth it to take admission in LBSIM?
If you look at FORE’s prior placement statistics, you'll notice that even before they started this new PGDM in Financial Management, they were a good pick for the financial sector, finance businesses, and overall BFSI.
- Until a few years ago, LBSIM was an excellent venue for PGDM Finance. However, some of the best faculty members have left LBSIM.
- When compared to other institutes in its category, LBSIM offers cutting-edge infrastructure and possibly the best finance faculty.
- It offers a tough curriculum, and recruiters come in with core finance profiles; on top of that, LBSIM has a higher return on investment.
- FORE is a good school as well, but why pay more for similar opportunities.
| Particulars | LBSIM | FORE |
| Fees | 11.67 lakh | 15.98 lakh |
| Top recruiters | Asian Paints, Nestle, Hindustan, Bacardi, TATA Motors, Hero, Whirlpool, HDFC, etc | Microsoft, Capgemini, Razorpay, HCL Technologies, LT Foods, Blackstone and Hindware, etc |
| Placement rate | 97% | 100% |
| Average salary package | 10.6 LPA | 9.2 LPA |
| Highest salary package | 30 LPA | 32 LPA |
Just remember that it’s all about your career opportunities so think wisely and then make any decision.
What do I choose between SP Jain (in finance specialization) and MDI Gurgaon, if one is not sure of the specialization?
Both S Jaim and MDI Gurgaon are highly-ranked colleges. So choosing the colleges can be made easier by referring to the general placement statistics of both institutes.
|
Particulars |
MDI |
SP Jain |
|
Number of Recruiters |
87 |
116 |
|
Highest CTC |
INR 1.14 CPA |
INR 61.5 LPA |
|
Average CTC |
INR 26.65 LPA |
INR 29.5 LPA |
|
Top Recruiters |
Microsoft, Google, HCL, Adobe |
Accenture, Amazon, Microsoft |
MDI Gurgaon Placements 2022 saw the participation of 87 recruiters. Among them, 35 were first-time recruiters. Major recruiters included Asian Paints, Axis Bank, HCL, Infoedge, Microsoft, Samsung, Flipkart, Amazon, Jio & many more. The participating batch comprised a total of 391 students. Students received 131 pre-placement offers.
During SPJIMR Placements 2022, 75 recruiters visited the campus. Some of the top recruiters are Accenture, Aditya Birla Capital, Amazon, American Express etc. PGDM students 123 PPOs/PPIs. The highest salary offered was INR 53.16 LPA. The average salary of PGDM students was INR 32.06 LPA.
In terms of placements, MDI Gurgaon fares better than SP Jain although the difference between the two is not notable.
Which finance companies visit IIM Calcutta?
Rightly called the finance campus of India, IIM Calcutta is visited by many top finance companies for recruitment. Some such companies are:
-
Citibank
-
Goldman Sachs
-
Bank of America Merrill Lynch
-
Gaja Capital
-
Barclays
-
Arga Investment
-
Avendus
These contribute to the second highest number of recruitments after the consulting sector.
NMIMS, SCMHRD or SIBM Pune, which would be better for Finance — learning, competitions, placements wise?
Narsee Monjee Institute of Management Studies (NMIMS) institute is one of the best management universities in India. Admissions in this university are based on qualifying exams NPATand NMAT followed by personal interview and counseling.
Symbiosis Institute of Business Management (SIBM) Pune is one of the best business schools in India. Admission to this university is based on an entrance test known as Symbiosis National Aptitude Test (SNAP) followed by personal interview and group discussion.
Symbiosis Center for Management & Human Resource Development (SCMHRD) holds 13th rank for MBA issued by times. Admissions for MBA are based on an entrance test followed by a personal interview and group discussion.
Placements
Narsee Monjee Institute of Management Studies (NMIMS)
- Companies like Bank of America, Barclays, EY, Deloitte, Vedanta, Accenture, Aditya Birla, Amdocs, Google, Deloitte, etc visit the campus every year. Last year about 166 companies visited.
- Approximately the average salary package offered to students of this university was up to 17.97 lakhs and the highest salary package offered is 30.37 lakhs
SCMHRD
- Companies like Accenture, Accenture, Avalon Consulting, Axis Bank, Bajaj Auto, Barclays Bank, Bridgei2, Capgemini, CITI Bank, etc visited campus for placements.
- The average salary package is up to 15.6 lakhs and the highest package salary is up to 38.5 lakhs.
Symbiosis Institute of Business Management (SIBM) Pune
- Companies like Airtel, Capgemini, Samsung, Accenture, Wipro, HSBC, Dell, etc visit the campus every year in search of good placements.
- The average salary package offered to students is up to 20.08 lakhs and the highest salary package is up to 34.26 lakhs.
Infrastructure and faculty
NMIMS
- Hospital, sports ground, Wi-Fi facility, well-equipped labs, and all necessary facilities are available on campus.
- Teachers are well-qualified, knowledgeable, and very helpful.
SCMHRD
- The university has a huge and beautiful campus.
- The teachers are very helpful and kind.
- The environment of the university is also friendly and engaging.
SIBM
- University has a huge campus with all necessary facilities like equipped labs, sports ground, spacious classrooms, Wi-Fi facilities, and others.
- Teachers are very knowledgeable and well experienced in their particular fields.
Overall all institutes are good for and the admission process of all institutes is also not that tough. But if we particularly talk about placements then NMIMS and SIBM are better than SCMHRD and NMIMS even has a record of 100% placement last year. With this, all institutes have an engaging and encouraging environment.
I have converted calls from NMIMS, Mumbai and SIBM, Pune. Which one should I choose given that I have an inclination towards finance specialization?
NMIMS is well known for its Finance specialization. Many might consider its huge Finance intake or the entire batch size, in general, a drawback. But if we compare the placement reports of SIBM Pune and NMIMS Mumbai, the latter is visited by most of the top Finance companies. Most companies in the Finance sector prefer NMIMS over other B Schools and students who are Finance enthusiasts too prefer NMIMS over other B Schools. The main reasons pertaining to this preference are
- Better placements than SIBM Pune
- More number of companies visiting the campus than SIBM Pune
- Its location in the Finance capital gives it a lot of advantage over SIBM Pune
- More corporate exposure owing to its location than SIBM Pune
Finance companies give more preferences to your knowledge and inclination towards the domain rather than your work experience. The only drawback of NMIMS is its high fees and lack of campus life. But the Finance roles offered are good enough to overshadow this flaw.
How are placements in ITM Navi Mumbai in finance?
As soon as you set out for your PGDM, you should be mentally prepared to face the two most challenging years of your student life.
The more you make use of the available resources, the easier it will be for you to get placed. Try to ask questions and seek guidance from your professors, who are there to aid your growth.
ITM Navi Mumbai has a big advantage. It has a 5-month internship period that begins during the 2nd semester. Those who get these internships are sorted there and then. This is because they usually end up with PPOs. Many of these interns receive early joining and start a job towards the middle of, or sometimes, even before the 4th semester.
Those who are left, get an opportunity during the placement drive.
Here are the highlights of the 2022 placement drive, for PGDM finance at ITM Navi Mumbai. The highest package of 14 LPA was offered while the average salary was 8 LPA
During the placements 2022, the list of top recruiters consisted of- Amazon, Deloitte, LG, Reliance Digital, Kotak Mahindra Bank, ICICI Securities, HDFC Bank, TNS, JP Morgan, Shoppers Stop, American Express, ITC Hotels, Flipkart, VOLTAS, and AON.
These are the 2022 placement figures for PGDM Finance from ITM Navi Mumbai.
How good is IIM Shillong for Finance?
If you are planning to enter the Finance domain, IIM Shillong is a good choice. It has a certain level of specialization in the domain. This can be proved through the following points
Faculty: IIM Shillong boasts of a highly experienced and learned faculty.
Growth: Despite it being a new IIM, it has established its position in the IIM family. It has been growing at a fast pace making it possible for big firms to visit the campus for recruitment.
Curriculum: The curriculum is very flexible and you are allowed to choose electives from a wide range. Also, the courses are at par with the changing industry.
Achievements: The worth of IIM Shillong can be proved through the various National Level competitions it has won so far. From Top Corporates like Nomura, HSBC etc, or from academia like GIRC and various B-schools competitions as well.
Which is better for finance, doing a PGDM from BIMTECH Noida or IBS Hyderabad?
BIMTECH gr noida is a good institute that provides its students with a good academic environment with some best professors who have rich knowledge and experience is better than IBS Hyderabad. BIMTECH's placements and CAT percentile to get in are better than IBS Hyderabad. The CAT percentile required to get into IBS Hyderabad is 60-65 percentile while placements at BIMTECH (BIMTECH average package 2023 is INR 11.25 LPA) are better. Thus, you should consider what you think is most convenient and is more promising to you.
How are the placement scenarios in SCMHRD for finance?
The placement scenario at SCMHRD for finance is pretty decent.
- Highest CTC offered for the finance domain for the year 2022 was 20.5 Lakhs.
- Average CTC was 18.1 Lakhs which is up from 15 Lakhs the previous year.
- Median package was 17 Lakhs for 2022, up from the 15 Lakhs of the previous batch.
Which is better for finance, IMT-G, TAPMI or KJ Somaiya?
From the above-mentioned management institutes, TAPMI and IMT-G are good for Finance. Given below is a brief comparison of the three institutes.
|
Criteria |
TAPMI |
IMT-G |
KJ Somaiya |
|
Course type |
PGDM |
PGDM |
MBA |
|
Accreditation |
AICTE, AMBA, AIU |
AICTE, NBA |
NBA, UGC, AIU |
|
Total course fee |
14.3 lakhs |
17.50 lakhs |
14.93 lakhs |
|
CAT cutoff |
80 |
90 |
86 |
|
No.of seats |
60 |
60 |
60 |
|
Average salary package (per annum) |
12.7 lakhs |
13.16 lakhs |
10.08 lakhs |
|
Recruiters |
Accenture, Amul, HDFC, Citi Bank, HCL, Deloitte, KPMG, etc. |
Aditya Birla, Airtel, ITC limited, Bisleri, Amazon HDFC, etc. |
Citi Bank, Alliance tire group, Dell, Cisco Systems, CROPA, etc. |
TAPMI offers excellent infrastructure for Finance. There is a separate laboratory that provides real-life hands-on experience. It also offers good core placement in the finance sector due to its close proximity to Mumbai. IMT-G considered having the best facility and better faculty profile than any of the good B-Schools in India. Also, IMT-G has a better placement record than TAPMI and KJ Somaiya.
The placement record at three of these management institutes is quite impressive and especially at IMT, they offer an average salary of up to 13.16 lakhs per annum whereas in TAPMI the average CTC is about 12.7 lakhs p.a. KJ Somaiya provides an average salary package up to 10.08 lakhs p.a.
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