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.
XIMB Used to offer an HRM specialization under its PGDM program. Now, it’s offered by the Xavier School of Human Resources (XAHR). And it is the best option among these. This HRM program has over 30 years of legacy and ranks among the top 5 human resources programs in the country.
XAHR has an excellent faculty. The learning resources offered and the rich lineage of the institute will help a lot in shaping your career. XAHR placements show the salary packages stay in the range of INR 8.5 LPA - INR 22.47 LPA.
International Management Institute Delhi is among the top private B schools in India. It has been ranked 28 for MBA by NIRF 2020. It is one of the most reputed institutions in India, having tie-ups with prestigious universities in UK, Germany, USA, allowing student and faculty exchange, enhancing global outlook and personal development.
Course Structure
Admissions
Placement
It has state-of-the-art infrastructure with several activities taking place round the year focusing on holistic development. Hence it is up to the individual to make an informed choice.
First of all, IMI being located in the heart of the Indian capital gives its students the advantage of living in a vibrant and diverse setting full of opportunities.
In terms of finance, IMI New Delhi is well known for its degree programs. It provides a wide range of prospects, and one can expect a successful career graph in the financial industry. In addition to the PGDM finance specialization, the institute also offers the B&FS program for students who are interested in finance. The PGDM finance specialization has been totally customized to match business requirements with courses like Wealth Management, Treasury Management, Merger & Acquisition, Private Equity, International Finance, Investment Banking, etc.
It all depends on what your goal and preferences are, see which one aligns with your preferences and go for it. Below is a table comparing the overall numbers;
|
Metrics |
IMI Delhi |
IMT Ghaziabad |
|
Fees |
INR 19.10 Lakhs |
INR 19.53 Lakhs |
|
Highest Package |
INR 50 LPA |
INR 65.6 LPA |
|
Average Package |
INR 17.01 LPA |
INR 17.35 LPA |
|
Top Recruiters |
Barclays, Crisil, Darashaw, HDFC Bank, Adani, TESCO, Maruti Suzuki, EY |
Deloitte, Infosys, HSBC, HDFC Bank, Accenture, Cognizant |
It is subjective and it completely depends on your goals and your preferences, and how much tag matters to you.
It's ultimately your call to take but here is a list of a few parameters you can/should look at:
|
B-School |
Fees |
Average Salary Package |
Highest Salary Package |
|
NMIMS Mumbai |
INR 24 lakhs |
INR 23.07 LPA |
INR 57.65 LPA |
|
IMT Ghaziabad |
INR 19.8 lakhs |
INR 17.35 LPA |
INR 65.6 LPA |
|
IMI Delhi |
INR 19.2 lakhs |
INR 17.01 LPA |
INR 50 LPA |
|
Baby IIMs (Sirmaur, Jammu, Bodh Gaya, Sambalpur, Amritsar, Nagpur, Visakhapatnam) |
Varies from Rs. 15-20 lakhs |
Between INR 15-20 LPA |
Between INR 40-70 LPA |
Totally my opinion though - Go for IIMs.
IMI Delhi is a highly distinguished management institute with excellent industry exposure due to its location, large alum base, and monthly business thought leadership sessions. In addition to the mandatory summer internship program, students can also participate in various live projects offered by companies through the college placement cells. IMI's annual management conclave "Conventus" brings industry professionals to share their experiences and thoughts on the theme.
With a strong reputation, extensive alumni network, and numerous company tie-ups, IMI Delhi offers students ample opportunities for industrial exposure better than IMT Ghaziabad.
Indian B-Schools IMT Ghaziabad and IMI Delhi offer top MBA programmes. IMT Ghaziabad specialises in marketing, while IMI Delhi emphasises finance and banking.
Career goals and interests determine which programme to choose. IMT Ghaziabad's marketing programme has a specialised curriculum and access to industry experts, making it a good choice for marketing students. However, IMI Delhi's BFS programme offers finance and banking-specific training and prospects.
If you have a choice between BFS from IMI and Marketing from IMT, I would recommend IMT. However, if you are interested in finance, you should not consider IMT at all. After all, MBA is all about your preferences, which you will discover once you enrol.
Another significant distinction that clearly favours IMI BFS is the batch strength. The quality of a small batch strength remains stable.
You should be aware that the selection process of IMI Delhi is quite stringent. IMI Delhi is ranked 14th position among the top B schools in India, and its selection process is different from other top B schools. They give less weightage to your CAT score and have an extempore round as well. This round is not so difficult, but it may vary according to your profile, as they want a diverse background in their institute. They try to test your overall personality by checking your academics, team spirit, leadership, communication skills, how you react to a given situation, and many other small tests to decide whether you are eligible for their college or not.
It's important to note that every top college wants the best students to become future leaders in the corporate world, but luck also plays a role in the selection process. If your academic score is not good, but you impress them with some other talent you have, they will not deny you admission because they want diversity.
In a nutshell, most of the top 30 colleges do an overall screening before admitting students because they want the best in you. Therefore, if you want to get into a top B-school like IMI Delhi, you should work on developing your overall personality and showcasing your talents apart from good academics and a CAT score.
If you had to choose from the options mentioned, it's recommended to opt for a brand name. Your priority should be IMT Ghaziabad, IMI Delhi, and SIOM Nashik.
When it comes to Operations Management, NITIE, and IITs are considered to be top-notch. They offer a comprehensive curriculum, job roles, and industry exposure, making them highly sought-after. In fact, IITs have established their brand in management, specifically due to their expertise in operations. However, when it comes to Operation major, NITIE remains unparalleled, as they have the longest chain of alumni in operations, holding high-level designations for many years.
If operations are still your preferred field, and you don't have any other options apart from NITIE or IITs, then your decision should be entirely based on the brand you are joining.
TAPMI Manipal has been ranked 27th, whereas NMIMS Bengaluru has been ranked 92nd and IMI Delhi has been ranked 28th for MBA by NIRF 2020.
Course Structure:
IMI
TAPMI Manipal
NMIMS Bengaluru
Placements
TAPMI
NMIMS Bangalore
IMI Delhi
All these institutions provide quality education courtesy of highly qualified faculty, some of which are advisors to top government organisations and corporates. Hence, an individual should make a choice according to his/her field of interest and after considering all the relevant facts.