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Is it worth taking a loan of around 6-7 lakhs for IIFM, Bhopal Forestry Management Course (Wildlife)? Isn't it a burden with a salary just being around 5-6 LPA?
IIFM Bhopal is a sectorial institute that can provide you with a great number of opportunities. To name certain fields- Development, MNC, Wildlife, Microfinance, Banks, Forestry. You can choose any one of the following and you would never end up being disappointed.
The highest placement package offered at IIFM Bhopal was 14 LPA in 2020. The salary you would be offered here would not be very appealing as it might not be as popular as the others.
As far as loan is concerned and considering the entire atmosphere or IIFM, Bhopal- it would absolutely be worth it.
Everything depends on your interest ultimately. You are bound to feel burdened when you already are familiar with the fact that the job neither carries your interest nor does it pay you well.
What is advisable, to join the PGDMM/PGDPM at NITIE or get a job?
It's a subjective question and mostly depends on your profile. PGDMM would be advantageous, if you are a fresher, especially with a mechanical or manufacturing background. It is better in terms of securing a good profile, a good package (Avg. 12 LPA), and robust manufacturing domain command.
A few years of work experience would be preferable for the PGDPM course, but it is not required. It's a safe option to play for both freshmen and those with a little experience because it improves your profile, package, and adds the rich experience of a top MBA school - NITIE.
Which is better LBSIM, Delhi PGDM (general) or IMI, Delhi PGDM (B&FS)?
PGDM BFS is a viable option if you are keen about numbers and finance in general. PGDM core and PGDM BFS rarely has a major difference in curriculum except that marketing subjects of BFS would be less intriguing and the major pedagogy is directed towards marketing of finance products and services only.
A PGDM core student is open to a plethora of opportunities during placements as he is eligible to appear for companies offering marketing and sales profiles. On the contrary, a PGDM BFS student has been exposed to a customized curriculum that focuses mainly on Finance and lacks a wide range of opportunities. However, he has a more definite chance of securing placement at a company offering Finance roles like Banks and other financial institutions. This advantage seems very minimal right now but with the increase in the relevance of the curriculum and demand of the course, it will soon be coveted among Finance aspirants.
The BFS faculties are considered to be among the best given the excellent performance of BFS students in the recent years and the increasing popularity of the course. The companies visiting the campus for BFS are not only banks but include AMCs, NBFCs, FinTechs and other Fin Services firms. The course targets the entire Banking and Finance sector.
At the end of the day, what remains of your college life is not the specific course you chose but the college you chose to pursue it. Be it PGDM Core or PGDM BFS, IMI Delhi is the perfect college to experience a great college life.
How much does the Work experience, test score, other factors matter for admission in PGDBA course hosted by universities IIT Kgp, IIM C , ISI Kolkata?
The section-wise weightage for final PGDBA shortlisting is not revealed by these colleges. They analyze all these aspects and a candidate’s interview when putting out the final offer. The interview helps them assess what a candidate brings to the table. Even if they start announcing the section-wise weightages some day, that should not affect your test preparation. Your work experience and past academic record are unchangeable factors, but your entrance test score is in your hands.
Study for the entrance exam with utmost sincerity, and stop worrying about other aspects of your profile that you can not change.
What should be the preference order of IMI Delhi courses - PGDM, PGDM-HRM, and PGDM-BFS?
IMI Delhi is among the top B schools of Delhi NCR. It holds a distinct reputation for the establishment of centers of excellence in different streams of management. The faculty is experienced and well qualified. Pre-placement offers are also a dominant feature of the institute. Apart from placements it has attractive internship statistics also relating to better career growth.
It offers streams in three major areas which are General, Human resources, and Banking & Financial Services. All these streams are linked to a single program which is PGDM but the decision underlining preference depends on factors like fees and placements, etc which are discussed below.
Academics:
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The eligibility stays the same for all streams which are graduation with CAT/GMAT Score.
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Fees also stand common for all streams at INR 17.5 Lakhs.
Placements:
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PGDM holds a batch strength of 224 students and generally ends up providing the highest package of INR 22 LPA.
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The average package is also quite decent with a range of INR 13.07 LPA
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PGDM HR has 45 students and managed to provide a salary range of INR 12 – 14.5 LPA.
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PGDM had 48 students with a 100% placement criterion and the highest package of INR 20.75 LPA and an average of INR 12.88 LPA.
Sector-wise Placements:
The recruitment details can clearly specify the sector & domain which turns out to be favorable with respect to the investment made. The details are as follows.
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PGDM Banking is a preferable sector as it attracts 29% of the placements.
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HR is looked upon for the IT/ITES / Media / TELECOM sector.
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The top recruiters for the BFSI sector are American Express, ICICI Bank, HDFC Bank, Tata Capital, and SBI Capital
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The top recruiters for the HR sector are Accenture, Infosys, Genpact, Capgemini.
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Going for PGDM General can give an opportunity to focus on manufacturing / real estate and the FMCG sector.
The general preference of courses looked upon by potential students and alumni are PGDM Marketing then Banking and at last Human Resources.
What are BM and HRM in XLRI?
XLRI Jamshedpur has been ranked 1st for Management programs by NIRF amongst the private institutions of the country. It offers PGDM programs in BM and HRM, which are Business Management and Human Resource Management respectively, that are two-year full-time programs.
Admissions:
|
Particulars |
PGDM in Business Management |
PGDM in Human Resource Management |
|
Total seats |
180 |
180 |
|
Fees |
INR 23.60 L |
INR 23.60 L |
Curriculum:
PGDM BM:
- The curriculum is designed to cover both core and foundation subjects with respect to business.
- It offers conceptual and analytical understanding by combining management theory and practice.
- The course structure is constantly evolving to provide students with the most updated industry trends.
PGDM HRM:
- It has a focus on core subjects like HR Information systems, HR planning, Performance management and Training and development.
- It also includes courses in the functional areas of management with a mix of open elective in a wide variety of subjects.
Placements:
PGDM BM:
- It offers a 100% placement rate with a highest CTC of 40 LPA while offering a median CTC of 21.4 LPA.
- The major recruiters are ABB and Accenture, Bloomberg, E&Y, Bank of America.
PGDM HRM:
- Average placement rate has been around 90% with the highest CTC of 35 LPA and an average CTC of 17 LPA.
- The top recruiters are AgroTech and Airtel, Amazon, American Express.
Both these specializations are highly ranked by both national and international authorities. Business Management is its flagship course, but faculties of all courses are highly qualified, few being advisors to RBI, World Bank and UN. It is on the individual to carefully choose a course after comparing all factors and work diligently to excel in that field.
Which is better, IIM Lucknow ABM or IRMA?
The answer is dependent on your level of interest.
The scenario at IIM Lucknow PGP-ABM is as follows:
- Placements: PGP and PGP ABM placements are both common. As a result, chances of getting into roles such as marketing, strategy, consulting, and so on would be higher than for Agri-Business-focused roles.
- Overall Knowledge: As an ABM student, you can take PGP courses such as Strategy, Finance, and Operations. This translates to a better understanding of business.
- Opportunities: Opportunities for an ABM student would be similar to those for PGP students at IIM L. As an IIM L student, you can compete in business case study competitions that are only open to top B-schools.
- Summer Internship: ABM Students are placed in companies such as BCG, Accenture Strategy, JPMC, Aditya Birla Group, Hindustan Unilever, P&G, Britannia, Airtel, Uber, Mars, PepperFry, Udaan, Hindustan Times, and others during their summer internship.
Many PGP ABM students prefer FMCG firms for Sales/Marketing positions.
- Agriculture-Specific Roles: Because of the small batch size, development sector organizations (NGOs, cooperatives, and government development agencies) and CSR foundations would be in short supply.
In short, you will almost certainly receive a higher salary at IIM Lucknow, but it may not be in an agribusiness/development sector organization.
The IRMA Scenario:
- A class of more than 160 students.
- The curriculum would be centered on agriculture and the rural sector.
- Placements: A large number of development sector organizations, NGOs, cooperatives, and government development agencies seek placements through IRMA.
For example, UNICEF, Tata Trusts (FISE), Vedanta Foundation, Reliance Foundation, and BAIF Development Research Foundation.
If you are very specific about agribusiness or rural development roles, you should apply to IRMA because of the large batch size and the increased number of Agri-specific roles coming to the campus. If you want to explore other sectors or domains and are looking for a brand name for life as well as a higher package, i.e. an experience similar to that of a PGP student, then IIM Lucknow is the place to be.
In NITIE which program among PGDIE, PGDMM and PGDPM is best suitable for computer and IT related person?
Among the mentioned programs PGDMM and PGDPM are comparatively newer and provide some really good courses for students with computer and IT backgrounds. If you want to take the GATE exam and get into NITIE through PGDIE then in the 2nd year of your course you will get a wide range of electives available. Here are some of the electives.
- Advanced IT for Industrial and Manufacturing Engineering
- Business Process Integration and Management
- Computer Integrated Manufacturing
- Data Analysis and Decision Making
- Data Analytics
- Data Communications and Networking
- Data Mining for Business Intelligence
- Decision Support Systems and Expert Systems
- E commerce
- E customer Relationship Management
- ERP, etc.
Most of the courses here are Computer sector-related and related to the programming and software side whereas some of them are related to the IT sector and mainly deal with the hardware side.
But make a note that IE is not an M.Tech course. It is a management course. So, you will get placed in management roles post your degree.
In a XLRI HRM program interview, do they ask why you want to make a shift to HR after having 3+ years of work experience in the IT industry?
This is one of the common questions asked in an MBA interview. Generally the question “Why MBA?” encompasses all these. They may twist this question slightly according to your background.
These questions are frequently asked to gauge what is your thought process behind choosing an MBA. They want to know if you have given a deep thought about it and how you can convince the interviewer.
Secondly, they want to understand why you made this choice. The work you have done to date and the career trajectory you took, how it was good for you and how doing an MBA might be a good idea for your career progression. The more concrete and personal reasons you have, the more convincing it is both for you as well as for the panelists.
So, definitely pick some good reasons from your work experience and why it convinced you to pursue MBA in the HRM program. First, convince yourself and if you can, you can definitely convince the interviewers.
How different is PMIR from the BM course as offered by XLRI?
Xavier Labour Relations Institute or XLRI is located at Jamshedpur, Jharkhand. For the year 2020, XLRI was ranked 9th by NIRF in the Management category.
The HRM (Human resources management) program was formerly known as the PMIR program. BM (Business Management) program is different from HRM with respect to the contents of the course curriculum. At XLRI, a total of 360 seats are available for HRM/BM.
Admission
- A valid score in XAT is required for admission in the programs along with graduation in a relevant field.
- For the year 2020, the XAT cutoff for PGDM HRM and PGDM BM was 94 and 96 respectively.
- The fee structure for both PGDM HRM(formerly PMIR) and PGDM BM is INR 11.8 lakhs for a 2 year- course.
Additional Information
- At XLRI, students are offered scholarships of Rs. 1.75 LPA.
- There is a 5% relaxation in total aggregate marks for SC, ST, and OBC candidates.
- An overall relaxation of 10% is given to SC, ST, OBC, and women candidates.
Academics
- HRM (formerly PMIR) course aims to impart skills related to the management of HR to students like Human Resource Planning etc in a manner that is contributing to the overall development of organizations and individuals.
- BM course aims to inculcate a conceptual understanding of current management theory with respect to Indian and international business.
Placement:
- XLRI has an Alumni base of more than 16,000. It has tie-ups for exchange programs with over 15 international institutions.
- In the year 2020, the IT/ITES sector recruited 30% of the total students, becoming the largest recruiter for the college.
The table given below shows the placement statistics of the institute:
|
Aspect |
XLRI |
|
No. of students placed |
90 |
|
Major recruiters |
KPMG, PricewaterhouseCoopers, Accenture, Microsoft, Amazon, P&G. |
|
Highest Domestic CTC |
INR 26 LPA |
|
Average Domestic CTC |
INR 15.42 LPA |
|
Highest International CTC |
INR 58.22 LPA |
Campus Life -
- XLRI has an Interdisciplinary Behavioral Lab, designed specifically for the study of human subjects.
- There are many extracurricular societies and Interest groups like Dracula, SIGMA - Oikos, AXIOM, Bodhi tree, CEASE, etc.
As can be observed from the facts listed above, the primary difference between HRM and BM courses lies in the contents of the academic curriculum followed. Courses should be selected according to the skill needs of the student.
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