PGDM IB is a course that teaches many important things about the international market and increases one's chance of getting recruited by international companies. There are very few colleges that offer this course and K J Somaiya is one among them. 

Highlights: 

• In International Business (IB), many important things such as International market research, Export-Import, Supply chain management, Business strategy models are being taught along with the main topics of MBA. 
• Many foreign languages such as Spanish, Mandarin, etc are also being taught so that one can communicate and do business easily all over the world. 
• The course structure and its faculty teach how big foreign companies have made their business successful and how they entered India and made themselves a brand.
• The college also conducts seminars and events regularly where they invite college alumni to tell the students about their journey and the challenges they had faced during their college days. 
• The college has also affiliated with 10 foreign universities for students exchange program to these universities so that the students can get some knowledge and experience of the working culture at big corporate companies.

So, doing a PDM IB from K J Somaiya is definitely worth it as it will offer you many opportunities.

The choice of selecting KJ Somaiya for the MBA/ PGDM program depends upon your perspectives and preferences. Without considering the placement scenario or the condition of the college, taking a loan is not preferred. The points below state some personal opinions about taking a loan for an MBA degree.

• There are many people who believe in the fact that an MBA from a good institute can land a job with a good package. But, this may not be the case or the reason to choose MBA for everyone.
• If the main aim of the candidate is to get better placement and pay off the loan with a high-paying job, taking a loan can be considered legit.
• Other than the above scenario, working for few years and earning a decent sum of money, and choosing an Executive MBA program after that is preferred.

This is a personal opinion and may not be the case for every candidate. But, a loan is still not a very good option, viewing from the vision of risks in debt.

IMI Delhi is a better option than K J Somaiya. And here are some of the supporting reasons for the same.

• IMI Delhi is a premier global management institution. It has climbed the ladder of success from the past 40 years. IMI Delhi has been ranked 28 for MBA by NIRF 2020. IMI Delhi offers programs in post-graduate management and doctoral courses in various specializations.
• It also has international linkages with many global institutions across the USA, Europe, Russia, China, and Pakistan. It is also the first business school in India that is sponsored by well-known corporate companies such as nestle and SAIL.
• There are two specializations in the flagship program of PGDM- PGDM HRM and PGDM B&FS. It is AICTE approved and accredited by NBA and AMBA.
• The curriculum followed in IMI Delhi focuses on imparting functional and specialized knowledge. This helps in making a strong base among students. It imparts a global perspective and incorporates leadership skills in them.
• The course has learning objectives such as problem framing, problem-solving, critical thinking, and written and oral communication.
• The students of IMI Delhi are well-groomed to innovate their academic learning and enhance their extracurricular activities as well.
• The location of IMI Delhi serves as an advantage.

The placement data is given below.

IMI Delhi observed more than 90% placement records in the recent placement drive. More than 86 recruiting companies visited the campus for placements.

K J Somaiya Institute of Management Mumbai is situated in Mumbai. Offering a Master's and a Doctoral degree in the field of Management, the institute is known to grasp a record of 99% placement and has recruiters from various sections, such as ICICI Bank, Ambuja Cement, Daimler, Nomura, Asian Paints, Minex Metallurgy, HDFC Bank, and several others.

The institute is known to provide PGDM as well as MMS courses. The seat allocated of which are as mentioned below:

• PGDM (120 seats)
• PGDM IB (60 seats)
• PGDM RM(60 seats)
• PGDM FS (60 seats)
• PGDM COMM (60 seats)

If you are anywhere wondering if PGDM has any sort of reservation, then the answer is a strict no. Since there is no reservation, the seats apparently are open for the same.

While, at the same time, MMS (120 seats) has particular reservations which are as briefed below:

Figuring the seats out and the clarification of any reservation at all, the table above denotes the specific courses, and with respect to that, various structure of fees and eligibility criteria to be met.

Having said that, it clears out any haze that had risen to vision. That is to say, PGDM basically has no reservation as known, while MMS still has, the details of which are mentioned above.

From the above-mentioned management institutes, TAPMI and IMT-G are good for Finance. Given below is a brief comparison of the three institutes.

TAPMI offers excellent infrastructure for Finance. There is a separate laboratory that provides real-life hands-on experience. It also offers good core placement in the finance sector due to its close proximity to Mumbai. IMT-G considered having the best facility and better faculty profile than any of the good B-Schools in India. Also, IMT-G has a better placement record than TAPMI and KJ Somaiya.

The placement record at three of these management institutes is quite impressive and especially at IMT, they offer an average salary of up to 13.16 lakhs per annum whereas in TAPMI the average CTC is about 12.7 lakhs p.a. KJ Somaiya provides an average salary package up to 10.08 lakhs p.a.

Given a choice between the mentioned colleges, the best institution for Finance will surely be TAPMI School of Business for various reasons.

Let us first have a look at some statistics about all the three colleges.

TAPMI:

• Laboratories: One of the most exclusive reasons for choosing TAPMI is a well-equipped Finance Lab which helps students gain hands-on experience and understand core financial concepts through practical studies as opposed to only theory. The lab is equipped with 16 Bloomberg terminals and 7 Thomson Reuters terminals.

• Curriculum: The course curriculum for PGDM BKFS at the institute is CFA C-BOK (certified body of knowledge) and FRM (Financial Risk Management) certified and meets the latest global industry standards.

• Faculty: The program in Banking and Finance is backed by experienced faculty members who have years of experience in academics and industry.

• Accreditation: It is one of the few management institutions in the country to have a two-tier global accreditation, i.e AMBA, and AACSB.

• Extra-Curricular: The institute organizes multiple events, workshops, and industry visits to provide students with a well-rounded experience. Student managed investment funds and multiple club activities are all part of the module in finance.

IMT-G:

• It offers a PGDM program in Finance that has an industrial and financial backing overlooking a high number of companies for recruitments but fails to provide a high placement rate considering an exceptionally high batch size, which keeps the majority of the students from getting a full-time job.

• It observes the highest placements in the marketing department and sees very few core companies for finance, with corporate finance and banking jobs marking the minority. Apart from the brand name of IMT, it is not considered to be the best institute for a program in Finance.

KJ Somaiya:

The institute offers PGDM programs in Finance which are well-structured but fail to impress in terms of management and placements. While the fee structure of the program is lower compared to the other institutes, it observes many good companies as part of their recruitment drive due to the location, but still has an overall low placement rate within the Finance sector.

Given the three options, the best institute for a program in Finance would definitely be TAPMI School of Business for the well-structured curriculum, good placement opportunities, and facilities provided.