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Which is a better college for Finance specialization, SPJIMR or IIM Indore?
The following is what SPJIMR has to offer:
The professors have a wealth of knowledge. And because this program has been running for more than three years, everything that needs to be taught and at what level is in perfect sync. This makes sure that no subject is covered again in the SP Finance Specialization semester.
The subjects covered, such as Financial Statement Analysis, Leveraged Buy-Out, Portfolio Analysis, etc., happen to be the most crucial for placements. These topics will already be covered during the specialization semester, but at Cornell, they will be covered from a different angle that will aid in your understanding of the material.
75 recruiters, 33 of whom were new recruiters, visited the campus, according to the report. Accenture, Aditya Birla Capital, Amazon, American Express, and others were among the top employers. The highest package offered during the placement drive was INR 53.16 LPA, while the average package was INR 32.06 LPA.
You can also choose a minor in information management, operations, marketing, consulting, etc. to broaden your knowledge and help you convince recruiters to hire you for a position in consulting or banking.
I would like to work abroad (in Canada) after MBA. What should I choose between IIM Indore and SPJIMR?
It's important to weigh your options and decide if it aligns with your goals. Many students who have attended IIM Indore have found the experience to be incredibly valuable.
IIM Indore is an excellent choice if you're looking to immerse yourself in an environment with some of the brightest minds in the country. The institution offers a range of opportunities to explore various facets of leadership, marketing, entrepreneurship, and business theories, allowing you to develop a strong foundation and hone your skills. Many students have found the experience to be transformational, as they discovered their strengths and talents during their time at IIM Indore.
However, if your goal is to immigrate to Canada, pursuing an MBA in Canada may be a better choice. This would give you the opportunity to network with people in your field and learn about the Canadian business landscape, which would be valuable for your future endeavors.
Ultimately, the decision to attend IIM Indore or pursue an MBA in Canada depends on your goals and what you hope to achieve. Both options offer unique benefits, and it's up to you to decide which path is right for you.
Why do people flock to IIM Lucknow and leave SPJIMR and FMS, when IIML teaches management like engineering whereas SPJIMR and FMS have a more conducive environment to actually learn? They also get the
By ‘teaches Management like Engineering’ I assume what you mean is Management studies at IIM Lucknow are more strict, mundane, and repetitive. In this regard, I refuse to accept your claim as the reality is far from this.
People graduating from these institutes are youngsters with an age group of 20-25 so there is very little impact of the institutes' pedagogy on the learner’s ability to learn. These candidates are likely to be more serious regarding their growth and even sacrifice the fun of a typical B School life just to reach new heights. Anyone with such a mindset is likely to fare well anywhere irrespective of the choice of Institute.
I am going to specifically pinpoint the scenario at FMS because there is a general conception that FMS has a relatively chilled ambiance. The truth is I have seen many students working tremendously hard in their 2 years. They explore much more than academics and take part in many extracurricular activities because they know it’s their last opportunity before they enter the corporate world. The attendance rules although stricter than that at IIM Lucknow are no direct indication of the general discipline and the rigor of the curriculum. Every institute has its own tailored learning environment and it’s up to the students to make the most out of it.
People just ‘flock’ to a particular B School because of the sheep mentality. Rather their decisions are based on continuous analysis of various factors like tags, peer group, intended specialization, placement opportunities, personal goals.
Which one is better: NMIMS, JBIMS, or SP Jain for Finance if I was looking for good placements and brands?
If you are considering pursuing an MBA in finance at NMIMS, JBIMS, or SPJIMR, the ranking is JBIMS > SPJIMR > NMIMS.
JBIMS has a high-quality education due to the prominent faculty members who come to the campus regularly to teach and give guest lectures. Some of the notable faculty members include Prof. Moradian, Prof. Shivanand & Kedar Mankekar, Prof. Sandeep Gokhale, Prof. Ghadiyar, and Prof. Jagdeep Kapoor.
The institute also has an excellent placement record, with major companies such as Deloitte, EY, PwC, Accenture, Insofys, and KPMG visiting the campus. The average salary during the 2022 placement drive was INR 27.63 LPA, with the median CTC at INR 26.48 LPA and the highest salary at INR 42 LPA. The 2021 summer internship placement drive was also a success, with the highest stipend offered to be INR 5.67 Lakhs per month and the average stipend at INR 2.05 Lakhs per month.
JBIMS also has a strong industrial interface, with many companies providing live industrial projects to students, which is a significant benefit. The institute is located in Mumbai, which is close to many corporate headquarters, such as HDFC, ICICI, BCG, and McKinsey.
The institute has also performed well in national-level competitions, such as HUL LIME, P&G Dream Team, JP Morgan - The Deal, Nomura Investment Banking Case Study Contest, and PepsiCo BIAC. The alumni network of JBIMS is extensive, with notable alumni such as Noshir Kaka, Nitin Paranjpe, Kainaz Gazder, Vinita Bali, Mani Ratnam, Sam Balsara, Chanda Kocchar, Ajay Piramal, Paresh Sukhtankar, Sanjay Lalbhai, Rohit Narang, Shruti Bajpai, Ravi Chaturvedi, Siddharth Roy Kapur, Uday Kotak, Harish Manwani, Parag Gude, and many more. JBIMS is referred to as the "CEO factory," which is a testament to the quality of education and training provided.
5 years down the line which will benefit you better, SP Jain or JBIMS?
Both SP Jain and JBIMS are highly reputable, but objectively speaking, SPJIMR should be the preferred choice between the two. Its selection process is highly unique, based on profile and fit, and extremely thorough. The school thoroughly evaluates if a candidate matches its culture and academic standards. It is recommended to visit the SPJIMR campus for the interviews. The social integration through the DOCC and Project Abhudaya programs helps to produce well-rounded leaders. Placements at SPJIMR are also noteworthy, so be sure to review their placement reports.
In conclusion, if you do not have experience with A, B, C, L, FMS, and XL, then SPJIMR is the ideal campus for pursuing an MBA.
What is the objective of admitting freshers in Ivy B-Schools like IIMs, FMS, JBIMS, SIMSREE, SPJIMR, XLRI, etc.??
MBA admission in Indian B Schools is a fairly weird process in comparison to that of foreign B Schools. In India, the admission process requires a candidate to have some work experience and in certain B-schools, it even carries a certain weightage. But during Final Placements, this scenario changes entirely as the recruiters prefer freshers over experienced candidates. The major reasons for this contrast are:
- The recruiters offering Marketing roles are on the lookout for candidates who can initially go through a sales job for a few years. They believe that the route to Marketing is through sales only. Now Sales requires a lot of traveling that too to rural areas. The recruiters know that these tough job conditions cannot be undertaken by Experienced professionals and thus prefer freshers who they can mold easily.
- The companies offering Finance roles know that the candidates with prior work experience won’t be working for the long hours they require them to. So they prefer freshers who can work long hours without complaining.
Recruiters are looking for candidates with work experience of not more than 11-12 months. Honestly, this strategy is illogical as a person with more work experience is bound to excel much better than a fresher, and restricting him from getting a job just because they cannot be exploited to the fullest extent is a bit cruel.
The scenario is pretty much the opposite in foreign countries that prefer MBA candidates with work experience only. This is because in India MBA is considered a way to become more employable or earn a fatter cheque. Whereas in the West, it is a means to upgrade your career and take it to new heights. The entire concept of MBA is at fault in India thereby this illogical strategy.
In my opinion, MBA candidates should have a work experience of at least 1 year, only then they can harness the MBA program to the fullest and not approach it just as a source of placements.
How was your interview experience at SPJIMR for the Operations stream?
The interview experience of a student at SPJIMR for the operations stream with an academic score of 9/9/8 and 32 months of work experience is provided below.
During the WAT, his laptop crashed yet he managed to complete the topic in the last 7 minutes. Group Interview 1 consisted of 2 panelists, a male, and a female, and 4 applicants, including 2 Operations, 1 Finance, and 1 Marketing where he was questioned about his job role, the supply chain system, his competitors in the industry, and his biggest challenge during Covid-19. The female panelist asked about the importance of inventory management and establishing a plant in the city.
In Group Interview 2, the panelists were 1 male and 1 female, and the applicants included 1 Operation, 1 IM, 1 Finance, and 1 Marketing where he was asked about courage vs. foolishness, what his parents don't like about him, and how he would handle a situation where someone asks for an under-the-table commission.
Ultimately, he cleared both group interviews and was converted. He says that success in MBA interviews is not just about knowledge, but also about staying calm in unprecedented situations and showcasing your problem-solving skills.
What are the chances of getting a job in Dubai post an MBA from SPJIMR Mumbai? What is the kind of profiles students from SPJIMR get (in Dubai)?
Your skill set is the most important factor that determines your employability in the Gulf Cooperation Council (GCC) region. This skill set is something that you can develop over time with experience.
Keep in mind that there are very few opportunities for freshers from SPJIMR post an MBA, although IIM-K is a separate case. If you are a Keralite or a Malayali, the UAE may be another option to consider.
Recruiters in the GCC region will always prefer someone who knows Arabic, French, or other foreign languages. This is something that you can work on and improve over time.
After a few years of solid work experience, your chances of getting a job in the GCC region are higher. However, keep in mind that recruiters have plenty of options to choose from when it comes to hiring, especially for jobs that require cheap labor from Asian countries.
In the Middle East, your experience matters a lot, as well as your ability to thrive in a fast-paced environment. You need to be able to adapt quickly and work efficiently to succeed.
It's important to note that Western nationalities also have an edge in the Gulf job market. If a company has the option to choose between a Marketing person with similar skill sets, an average-looking Indian guy, and a Western-style icon with a model-like personality, they will most likely choose the latter. This is because most jobs in the Gulf require excellent communication skills, a little bit of relevant experience, and a Driving License.
Can the MBA specialization be changed at SPJIMR after the first year?
Yes, it is possible to change your MBA specialization at SPJIMR after the first year, but it is not a common occurrence. However, if you are looking to switch from Marketing to Finance, it is highly improbable but still possible to convince the management.
It's important to keep in mind that Finance is a specialization that requires a basic background in financial knowledge, which is not always the case for Marketing. This means that changing from Marketing to Finance may be harder for the management to accept than the other way around. It's also important to note that some students have been rejected when requesting to change their specialization.
If you have a financial background, it's possible that you initially tried to get into the finance specialization at SPJIMR but were accepted for your second preference of Marketing. If this is the case, it may be difficult to convince the management to switch your specialization in the second year. However, if you excel in finance subjects in the first year, it may be possible to convince them otherwise.
Which one should I go for, SPJIMR or IIM L?
IIM Lucknow is ranked as one of the top 5 business schools in the country, while SP Jain is typically ranked somewhere between 6-10. Choosing IIM Lucknow over SP Jain is a wise decision, as IIM Lucknow has a larger and more prestigious brand. The institute has a better reputation among companies, a stronger alumni network, and slightly better placement opportunities.
While SP Jain may have a location advantage, it won't make a significant difference as there will be plenty of opportunities available to you at IIM L. It's important to do your own research when making decisions, but in this case, it's a no-brainer. Choosing IIM Lucknow is the clear choice, especially when compared to other business schools like SP Jain, IIM K, IIM I, MDI, and JBIMS.
If you have the opportunity to choose between SPJIMR and IIM L, head all the way to Lucknow without a second thought
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