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Is the PGDM program from NMIMS worth it? Or should I opt for a regular distance MBA from SMUDE?
Some of the prominent features of the NMIMS blended learning program include online weekend lectures, access to best-in-class content, academic excellence, case studies and assignments for every subject, accreditation, and recognition by UGC-DEB AICTE, online exams and submissions, personal contact sessions, student portal updates, and industry acceptance ratio.
It is essential to choose wisely when selecting a program. Consider your personal preferences and needs, as well as the offerings of each institute. With a blended learning experience and strong industry acceptance ratio, NMIMS is a great option to consider, especially for those who wish to pursue certification courses.
If you are considering business schools, then NMIMS Mumbai should be among your top choices as it is considered to be one of the best in the country.
It is worth noting that, in my experience, distance MBA programs are not as effective as in-person programs. While you may learn 50% of the material from academics, the other 50% comes from interacting and learning from your peers. In-person programs provide more opportunities for peer learning, which can be difficult to replicate in distance MBA programs.
Which is better: PGDM or MBA from NMIMS?
MBA and PGDM are more or less similar. The latter is considered to be a diploma and the former a degree. The Mumbai campus of NMIMS provides an MBA degree and a PGDM degree.
If you pursue an MBA you will be studying more of the theoretical aspects of management. An MBA institute will be following a fixed curriculum as it will be based on the university guidelines.
If you are pursuing a PGDM course you will be gaining knowledge regarding building soft skills and the programme is more industry-oriented. An autonomous institute does not have to follow university standards, so it is free to change its curriculum according to industry standards and change in the business environment. The course will prepare you for a senior level position in a company.
It is suggested that if you are willing to do business management, be it MBA or PGDM, consider only the Mumbai campus, as it has better placements and opportunities than Hyderabad or Bangalore.
What is ranking of NMIMS in MBA colleges?
The NMIMS rating among MBA schools is quite remarkable. NMIMS is performing exceptionally well in both rankings and placements.
The NAAC gave NMIMS its initial accreditation with an A+ grade. This was based on the institution's development into an exceptional one, as well as its performance and contribution to management education.
The following table shows the recent ranking of the institute in the management category:
|
Ranking Body |
Ranking (In the year 2023) |
|
NIRF |
21 |
|
IIRF |
25 |
|
FT |
83 |
|
Business Today |
10th among top B-schools |
So, it can be concluded that NMIMS (Narsee Monjee Institute of Management Studies) consistently ranks among the top business schools in India. Its ranking may vary across different surveys and years but is generally within the top 20-30 in national rankings.
What are the chances in getting into NMIMS if you are waitlisted?
If you are considering admission to a program, it may be worth keeping in mind that waiting for a few days does not typically come at a high cost unless you have a specific reason why you need to have a definite result immediately. It is possible that some people who were granted admission may not end up accepting the offer for various reasons, such as receiving acceptance to another program or encountering unforeseen circumstances. This may open up opportunities for individuals who are on a waitlist or have not yet received a final decision.
If you are in a position where you can wait, it may be beneficial to do so. Waiting can provide additional time to evaluate your options and make a more informed decision. It may also give you the chance to explore other opportunities or to improve your credentials before making a commitment.
Here are complete details regarding NMIMS cutoff
Ultimately, it's important to make a decision that is best for you and aligns with your goals and aspirations. If waiting is a viable option, it may be worthwhile to exercise patience and see how the situation unfolds.
How prestigious is JBIMS as a college when we look at all of the India rankings? It doesn’t have very good ranks when I Google the best MBA colleges in India. Is NMIMS better than JBIMS?
JBIMS' overall ranking on Google is impacted by its infrastructure, as the current building is a 1965 construction. However, the construction of a new state-of-the-art facility at Kalina is underway, which will improve JBIMS' ranking in terms of infrastructure.
In terms of return on investment, JBIMS stands out as you pay only 2 lakhs for the entire course and receive an average placement package of 18 LPA. This is a better return than many other top B-Schools, including some IIMs.
JBIMS boasts a strong alumni network, industry-expert faculty, and an ideal location, which are all factors that contribute to its success.
When comparing JBIMS to NMIMS, it can be said that JBIMS is a better choice, with a lower fee structure, a better return on investment, a strong alumni network, and a more experienced faculty. Additionally, JBIMS has a smaller batch size of 120 students, which makes it easier for the college to place its students in top companies.
Which is the best institute for an MBA:Welingkar or NMIMS?
NMIMS Mumbai is better than Welingkar in terms of academics, faculty, placements, and campus life. It also has a better brand value. NMIMS placement 2022 ended with an average CTC of INR 23.07 LPA. While the highest CTC received by the students was INR 57.65 LPA. NMIMS offers great job profiles for the Marketing specialization.
Is it worth spending 18 lakhs at NMIMS MBA (MUMBAI)?
Do not believe in the ranking of the college. It will cost you if you are not a resident of Mumbai as the college does not have a hostel and spending this much amount for an MBA is really stupidity.
You will get an average package of around 12.5-13 LPA for core and 9-10 LPA for HR. Also, the college charges separate amounts for GDPI round and after the release of results, the college demands 9 lakh be deposited immediately within a week.
Also, it is believed that sitting in centralized AC and roaming in posh areas would not help in your overall development but exposure to different fields prepares you for the professional front.
Lastly, we can say that spending too much without availing facilities is not worth it. So abstain from getting admission here. Instead, take admission in other top management colleges where you get exposure to various other fields as well.
How is B.Sc Economics at NMIMS Mumbai?
The B.Sc Economics course offered by the Sarla Anil Modi School of Economics of the NMIMS Mumbai is great and will be a wonderful experience if you factor out the cost of the course.
Academics:
- The course is well balanced and the pedagogy not only includes core subjects but also from fields such as psychology, sociology, political science, IT, etc.
- The institute also hosts many guest lectures and seminars which offer a better understanding of the real world.
- The demerit of the course is that it is too focused and requires a lot of attention. Attendance is taken seriously.
Fees:
- The yearly fee for the batch of 2017-20 was INR 2.5 lakhs.
- The university provides very limited accommodation options, so you need to live for yourself in Mumbai. Depending on your lifestyle and accommodation you will need another INR 3.5 lakhs to INR 7 lakhs per annum towards living expenses.
So even if you take the lower amount, you will need close to INR 18 lakhs to INR 20 lakhs for the whole 3 years of the undergraduate program.
Placements:
Here are the placement stats released by the department for the batch of 2016-19.
- Total number of students – 87
- Number of students opting for placements – 18
- Percentage of students placed who opted for placements – 77%
- Highest salary – INR 11.60 lakhs per annum
- Average salary – INR 4.60 lakhs per annum
- Some recruiters – PwC, KPMG, Nomura, Kotak Mahindra Bank, Mu Sigma, JP Morgan India Services, IDBI Federal Life, etc.
The experience is really good, but choose the institute only if you are willing to pay the huge fees for your undergraduate.
Is it worth it to leave NMIMS BBA to join IPM at IIM Rohtak?
Before answering your question let me draw a comparison between both the colleges on the basis of the given factors
|
Particulars |
IIM Rohtak |
NMIMS |
|
Fees |
?9.9 Lakhs (1st Year Fees) |
?11.95 Lakhs (1st Year Fees) |
|
Average CTC |
INR 16.06 LPA |
INR 23.07 LPA |
|
Highest CTC |
INR 32.00 LPA |
INR 57.65 LPA |
|
Total Recruiters |
80+ |
40+ |
If you are still not satisfied, let me tell you one very important point. Choosing NMIMS will make you a BBA graduate only whereas the IPM program at IIM Rohtak will make you an MBA graduate. So choose wisely!
Where are NMIMS Alumni?
NMIMS has a great alumni base. Alumni of this institute are well-settled across the world. Here is a list of some of the notable alumni of the institute.
- Aruna Jayanthi: Aruna Jayanthi is the managing director for the Asia Pacific and Latin America business unit in Capgemini and she is also a group executive committee member.
- Arijit Sarkar: Arijit Sarkar is the director of global campaigns on Google.
- Kaku Nakhate: Kaku Nakhate is the president and country head, India, Bank of America.
- Raghu Iyer: Raghu Iyer is the CEO of the IPL franchise Rajasthan Royals, and he has been with RR since 2007.
- Shailesh Chaturvedi: Shailesh Chaturvedi is Managing Director and Chief Executive Officer, Tommy Hilfiger Apparels India.
A few of the other well-known alumni of the institute are Avani Davda, Richa Kar, Rakesh Khanna, Harish Iyer, Vikas Bahl, Ravi Makhija. Besides the mentioned names there are also many others.
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