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Which is better: FORE School of Management for a PGDM BM or IMI Delhi?
FORE School of Management is approved by AICTE on the other hand IMI Delhi is approved by AICTE, NBA and AIU. Both of them were established in the year 1981 and provide good quality programs to their students. According to NIRF rankings IIIM was ranked #28 whereas FORE was ranked #43.
Intake process:
FORE School of Management:
- The process of admissions in this institution is a bit lengthy. The candidate is shortlisted on the basis of scores obtained in CAT/GMAT/XAT exams.
- After the shortlisting the students will be required to appear in: Written Ability Test (WAT), Business Awareness Quiz (BA-Q) and Extempore and Personal Interview (PI)
- The final selection is considered on the basis of marks the applicant has obtained in CAT/GMAT/XAT, WAT, Business quiz, Extempore, Personal Interview, Academic performance and work experience.
IMI Delhi:
The selection process of applicants takes place in the following manner:
- In the same way shortlisting of candidates is done on the basis of CAT or GMAT scores.
- Followed by a written test, requiring the applicants to write an essay.
- The last round of the process consists of an interview and extempore.
- Then the student is qualified based on the performances in all the rounds.
Some similarities/dissimilarities are tabulated below:
|
Categories |
FORE School of Management |
IMI Delhi |
|
Companies recruiting |
Companies like Asian Paints, ITC, Nestle, Infosys, Amazon, Hindustan Unilever, BACARDI, Nivea, HCL, Gartner, Wipro, etc. |
HDFC Bank, Asian Paints, Deloitte, EY India, Citi Bank, Wipro, Infosys, OYO, Lens kart, Sony Pictures, Radio Mirchi and more. |
|
Scholarship |
Available for PGDM students |
Available for students taking admissions under merit lists. |
|
Total seats for PGDM |
180 |
224 |
|
Highest CTC |
30 LPA |
22 LPA |
|
Average CTC |
10.6 LPA |
13.07 LPA |
|
Female percentage |
35% |
38% |
|
Male percentage |
65% |
62% |
|
Total recruits |
146+ |
100+ |
|
Hostel facilities |
No (but it coordinates with Rajhans Homes) |
Yes |
Both the institutions have highly qualified faculties. FORE has a longer process of selection which might make it a selective institution, having limited seats for PGDM courses and hard to get in. On the other hand IMI doesn’t have that lengthy process as compared to FORE. More the number of companies recruiting the institution will automatically result in more number of students getting placed.
How does Fore Delhi compare to Great Lakes Chennai?
Fore Delhi and Great Lakes Chennai are the most reputed business institutes in India. Great Lakes is a comparatively better choice, as they ensure quality classes conducted by well-trained teachers. Here you will have the advantage of personal enhancement and worthy life. So, go with the option of Great Lakes Chennai, as they never disappoint you.
Does Nearbuy hire MBA freshers from college like Fore, KJ, Nirma, Tapmi?
Nearbuy recruits at 7 MBA programmes nationwide. They hire product and project managers from Tier - 1 schools, and sales, marketing, and operations managers from other colleges. They recruit from over twenty business schools in total nationwide despite visiting only seven. But those students apply for the jobs off-campus and may have to interview in the company's offices if they are chosen.
How is the scenario of internships in FORE and LBSIM?
Having friends in both FORE and LBSIM, I can say that they are the top MBA institutes in Delhi that have big-brand value.
FORE School of Management
- There are a variety of internship roles that get offered to the students. It includes Consulting, Market Research, Sales, Business Development, Pre-Sales, and others.
- The big corporations that visit the campus for SIP (summer internship project) are E&Y, Deloitte, United Biscuits, United Breweries, Maruti Suzuki, Genpact, Expedia, IDBI, and more. These companies pay a lucrative stipend to the students.
- FORE provides a bunch of opportunities to the students sitting for SIP.
Lal Bahadur Shastri Institute of Management
- The SIPs are in BFSI, Research & Consultancy, Engineering & Durables, E-Commerce, FMCG, IT/ITES, and Others. Out of these, Research & Consultancy placed the maximum students (29% of the batch).
- The average stipend offered is 19,500/month while the highest is 96,000/month.
- There are over 150 companies that come for SIP placements. The new recruiters were Mahindra Finance, L&T Finance, Bajaj Capital, ONGC, Google, HPCL, ABC Consultants, Chegg, Mazars, and others.
In both institutes, the SIP Placement scenario is similar. For selecting the students, companies follow the steps: Resume-Shortlisting, Group Discussion, and Personal Interview.
Apart from the above, a few companies may also ask to write an online test. The students can also get PPO/PPI from some of the listed companies.
Which one should I choose for PGDM between GLIM, GIM, FORE, LIBA, NIBM, IFMR and IIFM, Bhopal? And why? I already have calls from GLIM, GIM, FORE and accepting calls from others also.
GLIM, GIM, FORE, and LIBA offer general MBAs. So, you can your preferred specialization during your second year. This will give you a lot of freedom in terms of choosing your industry and job profile. All of these are good options. FORE has a great industry interface. Located in Delhi/NCR, it also enjoys a locational advantage.
Your preference order for these four B-School should be - FORE=GIM>GLIM>LIBA.
NIBM is a sectoral B-School, so choose it only if you are interested in joining the banking sector. Though IIFM isn’t a sectoral B-School, it is only known for its finance specialization. It is also rated below FORE, GIM, GLIM, and LIBA.
Have you (or any of your seniors) done your MBA/PGDM (any specialisation) from TAPMI or Great Lakes or FORE or GIM, and are you (or your seniors) able to repay the loan that you took for your studies?
With the average package TAPMI, Great Lakes, and FORE have, you will be able to repay the loan that you’ll take for your studies in a passable manner as there are tax benefits that you get if you have an educational loan with that the repo rate is also not that high and banks don’t ask for a collateral amount if you’re in a reputed college.
Which is better TAPMI or FORE or IMT - DCP for MBA 2020-22 batch?
TAPMI, FORE, and IMT-DCP are some of the top institutes IN India offering PGDM (MBA) courses. All the above-mentioned institutes have their own perks. TAPMI is the better choice for Finance specialization. FORE has a location-wise benefit as it is located near the capital and industrial hub. Whereas, IMT-DCP offers international exposure. In general, TAPMI and FORE have better ROI, brand value, location, and placement as compared to IMT Ghaziabad.
Given below is the comparison of these colleges for pursuing an MBA.
|
Parameters |
TAPMI |
FORE |
IMT Ghaziabad |
|
Established |
1980 |
1981 |
1980 |
|
Accreditation |
AICTE, AIU |
AICTE |
AICTE |
|
Rankings (as per NIRF) |
27th |
43rd |
37th |
|
Course fees (1st year) |
INR 7 LPA |
INR 15 LPA |
INR 10 LPA |
|
Entrance Exam |
CAT/GMAT/XAT |
CAT/GMAT/XAT |
CAT/GMAT/XAT |
|
CAT cutoff percentile |
80 |
85 |
90 |
|
Eligibility |
50% marks in graduation |
50% marks in graduation |
50% marks in graduation |
|
Selection |
WAT, PI |
WAT, Business Awareness Quiz, PI, Extempore |
GE, PI |
|
Highest CTC |
INR 20 LPA |
INR 30 LPA |
INR 34 LPA |
|
Average CTC |
INR 11.54 LPA |
INR 10.60 LPA |
INR 13.7 LPA |
|
Top recruiters |
Microsoft, HDFC Bank, Amazon, CTS, Wipro, Byjus, etc |
Infosys, Capgemini, Genpact, HCL, Mahindra, Asian Paints, etc |
Paypal, GroupM, Hero Fincorp, HDFC Bank, etc |
Which is the best for an MBA out of Fore School of Management, Delhi and IBS, Hyderabad?
FORE School of Management is definitely the better choice than IBS Hyderabad. It is better in almost all aspects when compared to IBS Hyderabad. The table below has drawn a slight comparison on the basis of some basic factors
|
Parameters |
FORE Management |
IBS Hyderabad |
|
Batch size |
394 |
1100 |
|
Fees |
?16.98 L |
?5.25 L - 16.02 L |
|
Average CTC |
INR 14.5 LPA |
INR 8.71 LPA |
|
Ranking |
60 (NIRF Management) |
19 (NIRF Ranking) |
From the above table we can infer the following points
- The batch-size of FORE is much less than that of IBS Hyderabad thereby increasing the quality of education and placement opportunities
- The average CTC of FORE Management is also higher than that of IBS Hyderabad
- The fees is almost similar of both the schools and when compared to the average package, FORE has a better ROI than IBS Hyderabad
- IBS Hyderabad has better rankings than FORE, but this stems from the fact that it is the oldest B school.
An additional feature of FORE that sets it further apart from IBS Hyderabad is its International Immersion Program. This program offers the kind of exposure you cannot even get at a reputed B School like IBS. You get exposed to the Global corporate world and the best part is that its fees are included in the course fees. So considering all the points mentioned above I conclude that FORE is a far better choice than IBS Hyderabad for MBA.
The Fore School of Management doesn't have a hostel facility. How's the life after college hours? Where do you stay?
FORE School of Management doesn’t have hostel accommodation of its own but it has tie-up with other hostels in the area. Most students are day scholars and stay in nearby PGs and flats.
FORE offers an enviable campus experience. During the first year, you can spend your time after college on campus or hangout with friends somewhere else. Second-year students usually have classes throughout the day.
Which is a better option for marketing, TAPMI PGDM or FORE PGDM?
Both TAPMI and FORE are very reputed institutions and are very good choices to pursue PGDM. As some of my friends studied in the above-mentioned colleges, I can provide some facts that might be useful for you while making a decision.
- FORE is situated in Delhi which is an added advantage as this is the capital city and has better facilities and easy access to all parts of the country.
- This also attracts a lot more companies to visit the campus for interviews.
- The total seats available in TAPMI is 455 and in FORE it is 420 (180 for PGDM, 120 for IB, 60 for FM, 60 for BDA). So, the competition will be less in FORE and the students will get more opportunities.
- Also FORE doesn't have any restrictions on placements, so any student from any stream can sit for all campus interviews.
- FORE has better connections in the corporate industry and has a better alumni network which is another advantage over TAPMI.
| Categories | PGDM at TAPMI | PGDM at FORE |
| Course Fee | 15.1 lakhs | 15.98 lakhs |
| Highest CTC | 18-20 LPA | 25 LPA |
| Average CTC | 11-12 LPA | 16 LPA |
| Recruiting Companies | KPMG, Asian Paints, Mercedes, Adobe, etc. | American Express, HSBC, Barclays, Mindtree, etc. |
Hence, both the colleges are very good options to pursue PGDM, but FORE has some added advantages over TAPMI like better location and alumni which can be very beneficial for you.
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