One of my friends is a student of PIBM Pune. According to him, an internship's purpose is not about earning only money.
While in an internship if you are receiving an amount of money for your work, it is obviously good. But it is not only about the money. Internships are mainly your first step to the corporate world and their functions. Acquiring skills are most important, which will later help you in life.
First, you should decide what kind of Finance job you want after your graduation. This will make choosing the right institute a little easier.
Core finance: This includes job profiles such as the following.
Financial products sales - This includes job profiles as the following.
Get in touch with the alumni of the institutes via Linkedin or other social media platforms and get to know about the job profiles, in-hand salary, job sustainability, etc. Based on what I heard from my friends, I will say Kirloskar, PIMBA are better than NDIM.
To choose between the two you should consider course content, faculty, campus facilities, placement records, prices, location, and reputation. Both institutes have their pros and cons, so it depends on your priorities.
RIIM Pune's management education is practical and industry-focused. Live projects, internships, and workshops with various industries expose students. The RIIM Pune program encompasses consumer behavior, brand management, digital marketing, and retail management. Many notable corporations recruit at the institute.
PIBM's experiential learning curriculum allows students to work on real-world industrial projects. International universities partner with PIBM, giving students worldwide exposure. Alumni aid placement and industrial connections. Students enjoy PIBM's contemporary facilities. Below is a table comparing the two based on fees, highest and average salary package;
Aspect |
RIIM Pune |
PIBM Pune |
Tuition Fee |
INR 9.75 Lakhs |
INR 7.95 Lakhs |
Average Package |
INR 5.96 LPA |
INR 6 LPA |
Highest Package |
INR 18 LPA |
INR 12 LPA |
RIIM Pune or PIBM for MBA/PGDM in Marketing depends on your goals and priorities. Hope it helps, choose wisely, All the best!
Brainware University is a Private University situated in Kolkata. The college is recognized by UGC, AIU, and DSIR and has been recognized by PCI, BCI, and WBNC. The college was ranked 67th on the basis of faculty and placements in India by EW India Private University Rankings. The fees for the course is 3.7 Lakhs for a period of two years.
Pune Institute of Business Management(PIBM) is one of the premium business schools in the country. The college has received various accolades such as the Best Education Brands 2018 by The Economic Times and Best Emerging Institute of India by BBC Knowledge. The fees for the course is 3.10 lakhs for a period of two years.
Admission Procedure
Brainware: The prerequisite to apply for this course at Brainware is securing 50% in graduation in BCA or any course having mathematics. Further, students are required to appear for CAT/ MAT/ XAT/ WBJEEMAT or any other entrance of national importance. Students are finally selected on the basis of the GD & PI round.
PIBM: The prerequisite for applying to MBA at PIBM is scoring 50% marks in graduation. Further, students are selected on the basis of CAT/XAT/CMAT/ATMA/PMAT examinations.
Facilities
Brainware: The college is built over a large 9-acre campus. The college has a huge library with a rich collection of journals, magazines, research reports, and videos. The college also has separate in-campus boys and girls hostels and a number of laboratories. The college also provides a gym, sports facilities, recreation rooms, cafeterias, and shuttle service for students. The campus is also equipped with Wi-Fi facilities.
PIBM: The college is built over a 2.5-acre campus. The college has a library, hostels, sports facilities, cafeteria, laboratories, and a gym. The college also provides hostel facilities for its students.
Placements
Brainware: Companies such as PwC, ICICI, TCS, and Wipro come for placements for MBA students. Nearly all students are placed before the final examinations and those without a placement offer are given special attention by the placement cell of the college. The average package at the college is 2.5LPA.
PIBM: The company has a placement rate of 80%. Companies such as Amazon, IDBI, Godrej, and Reliance come for placements. The average package offered is 7LPA, with the highest package going up to 17LPA.
Brainware University scores higher on the basis of infrastructure and facilities offered. However, PIBM has better ranking and higher placement packages. Those interested in better placements should opt for PIBM. However, those not interested in bagging placements via the college can pursue MBA from Brainware. Preferences of the city should also be taken into account before making a decision.
Among the above two institutes, PIBM Pune is a better choice for students interested in an MBA degree. The points below give a brief overview of PIBM Pune and its advantages, which would justify the choice made between the two.
Considering the above points, it is evident that PIBM Pune is an excellent choice for students, providing several opportunities in multiple fields of business.
If you compare on rankings then the NIRF rankings of BIMTECH is 56 while that of PIBM is 91, out of 125 colleges.
The fee structure of BIMTECH & PIBM is INR 8 LPA and INR 12 LPA respectively and the average package offered by BIMTECH is INR 11.25 LPA and of PIBM is INR 7.1 LPA.
Below is a table comparing both colleges on different aspects.
Parameters |
BIMTECH |
PIBM |
Accreditation |
AICTE, NBA, AIU |
AICTE, NBA, AIU, ACBSP |
Courses Offered |
PGDM, PGDM-IB, PGDM-RM |
PGDM, PGDM-Marketing, PGDM-IB, PGDM-Finance, PGDM-HR |
Rankings |
India Today #34 in MBA category (2022) |
India Today #71 in MBA category (2022) |
Average Placement Package |
INR 11.25 LPA |
INR 7.1 LPA (2021) |
Top Recruiters |
Deloitte, HDFC Bank, Infosys, KPMG, Tata Motors, etc. |
Amazon, Berger Paints, Deloitte, HDFC Bank, Kotak Mahindra Bank, etc. |
It is a subjective thing and it all depends on your goals and preferences, so choose wisely.
In terms of ROI and Placements, RIIM Pune is the top college in Pune. It is Pune's first Corporate Style B School, with a unique curriculum that assures students receive more hands-on training and experience rather than classroom lectures.
RIIM offers both PGDM and MBA programs, with campuses in Bavdhan. They provide various additional certification courses, both national and foreign, to MBA and PGDM students. Through its worldwide business experience programs in Dubai, they provide PGDM students with international exposure. Their average package is from 6 lakhs to 6.5 lakhs per annum, and over 200 firms visit every year for the campus placement campaign.
Colleges |
Fees |
Placement |
Indira College |
5 lakhs |
5-6 LPA |
RIIM Pune |
5.9 lakhs |
6-6.5 LPA |
PIBM |
7.95 lakhs |
7.1 LPA |
In Pune, RIIM will be the best option in terms of ROI and placements.