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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 Marketing & HR, SCMHRD, or NMIMS?
It depends on which NMIMS you’re talking about. If you’re talking about NMIMS Mumbai. Then I would choose NMIMS.
Location: Between NMIMS & SCMHRD, Mumbai is one the best location to do an MBA as a large and good pool of companies will come to the campus.
Brand name- NMIMS has a better reputation and brand value then compared to SCMHRD. NMIMS stands proud as a Deemed-to-be University offering multiple disciplines across multiple campuses. What started as an institute in a small building has caught the attention of the world, thanks to its 17 specialized schools
Placements - NMIMS Mumbai average package offered to MBA Core and MBA HR students stood at INR 23.07 LPA and INR 19.40 LPA, respectively.
Is the SCMHRD good for marketing too, or just HR?
I believe SCMHRD is an amazing college for all managerial fields.
The HR stream is the most popular because it began with an emphasis on Personnel Management and Industrial Relations, drawing on the experiences of seasoned managers in and around Mumbai, Pune, and Nashik.
SCMHRD has been working to improve its resources and infrastructure since its beginnings. Placements have also improved. The faculty and the institution's reach have likewise grown steadily during the last decade.
As a result, admission to SCMHRD will be ideal for an MBA (Marketing) candidate. If you have the opportunity, please join.
Which is better, NMIMS HR or SCMHRD-MBA in Business Analytics?
Someone I know who is an alumnus of SCMHRD has said that finding out which college is better will bear little to no fruits.
You can get in touch with the professionals from both programs and try to understand what you will have to do in order to make a name for yourself. An internal analysis is involved after which it is gauged what field would be the most suitable for you.
NMIMS is popular for producing marketing professionals. Finance is also popular in the institute. Analytics is not the flagship course of SCMHRD. They are very different courses and your temperament and aptitude are also contributing factors.
Is HR at MDI better than TISS/SCMHRD? Also, does XLRI offer the best course in HR?
It is hard to compare one specific major or stream but whatever is in the public domain the general ranking of these three colleges in HR domain quality-wise and RoI-wise is given below in a table.
|
Quality wise |
RoI wise |
|
XLRI |
TISS |
|
TISS |
XLRI |
|
SCMHRD |
SCMHRD |
|
MDI |
MDI |
Below is a table comparing these colleges on absolute numbers like fees, highest package, and average package.
|
Institution |
Fees (approx.) |
Highest Package |
Average Salary |
Median Package |
|
XLRI |
INR 26 lakhs |
INR 1.1 CPA |
INR 32.7 LPA |
INR 30 LPA |
|
TISS |
INR 1.4 lakhs |
INR 49 LPA |
INR 27.22 LPA |
INR 25.75 LPA |
|
MDI |
INR 23.5 lakhs |
INR 60 LPA |
INR 26.1 LPA |
INR 26.13 LPA |
|
SCMHRD |
INR 22.1 lakhs |
INR 67.60 LPA (International) INR 35.02 LPA (Domestic) |
INR 23.71 LPA |
INR 22 LPA |
For HR domain XLRI is the best and RoI wise for HR domain TISS is the best.
Is it worth doing an MBA from Indian B-schools like SCMHRD or JBIMS or will I always be inferior to those from top IIMs or XLRI?
Doing an MBA from top IIMs and XLRI have its advantages. These are the best management schools in the country and offer excellent career opportunities and exposure. But it doesn’t necessarily mean pursuing an MBA from JBIMS will not be worth the investment. It ranks right after IIM ABC, XLRI, and FMS. It has maintained a stellar placement record over the years. JBIMS placements 2022 concluded with an average CTC of INR 27.63 LPA. The return on investment is great.
SCMHRD isn’t as reputed as JBIMS. But it is also a good B-School with decent placement record. The average CTC for SCMHRD is around INR 16 LPA.
How many people apply to an Executive MBA at SCMHRD?
Usually, the application number varies every year, hence it would not be precise to pinpoint one particular number. This goes without saying that SCMHRD has a rigorous process for selecting candidates both for their MBA (Regular) and MBA (Executive) Programmes. Currently, there are a total of around 13 students enrolled in the Executive MBA in SCMHRD.
The eligibility criteria for the course is -
You should be a Graduate from any recognized University/Institution of National Importance with a minimum of 50% marks or equivalent grade and a minimum of two year’s full-time work experience after graduation in a registered firm/ company/ industry/ educational and/ government, autonomous organizations.
How different are the career paths of individuals who pursue their MBA in HR from XIMB/SIBM/SCMHRD as compared to those from XLRI/TISS/MDI?
The answer can be divided into two main parts: Curriculum and Placements.
In terms of Curriculum, TISS is rated as having the best. Colleges whose core degree is not HR will be at a disadvantage when it comes to curriculum.
In terms of Placements, XLRI is ranked as having the best package and profile offerings, followed by a tie between TISS and SCMHRD. The colleges whose core is not HR will not offer as good a package post-MBA as compared to the colleges with core HR competencies.
In terms of packages offered, XLRI can be ranked the highest, followed by SCMHRD and TISS in a tie, and then MDI, SIBM, and XIMB.
Which is the best option to pursue an MBA in finance amongst IMI Delhi IMT Ghaziabad XIMB and SCMHRD? I am hoping to receive admission from these colleges but I am really confused.
Out of all these colleges, IMI Delhi seems to be the best option for a person looking to major in finance. IMT Ghaziabad has been known for its marketing for a long time and SCMHRD, as the name suggests, is an amazing institution for HR. XIMB is also a decent option for finance but IMI seems to edge it out due to the following reasons-
- Intellectual capital: IMI New Delhi is one of the premier B-schools in the country. The faculty of IMI is renowned and they are among one of the best minds in the country.
- Alumni Base: The institute is 42 years old, so the alumni base is very strong. Some of the top leaders of the industry are graduates from IMI.
- Batch Strength: A small batch enhances the overall classroom experience. IMI has a decent batch strength. Neither too big nor too small. PGDM: 235 seats, PGDM BFS: 50 seats, PGDM HR: 45 seats
- Placements: The average package of students at IMI for 2023 was 17.01 Lacs and recruiters for finance included American Express, Bank of America, Barclays, and HSBC among others.
Which is the best option to pursue an MBA in finance amongst IMI Delhi, IMT Ghaziabad, XIMB and SCMHRD? I am hoping to receive admission from these colleges but I'm really confused.
In my opinion, the best option among the given colleges is SCMHRD’s finance. I am not saying this on my own, but the data reflects the results. Let’s check the final placements for each college in the finance area.
The average package offered in the finance area at IMI Delhi is 17.64 lac per annum for the last batch. For IMT Ghaziabad, this figure is 14 LPA. XIMB is a little better than these colleges, with an average package of 20 LPA, but SCMHRD excels all of these with an average package of 22 LPA and the highest package of 27 LPA.
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