Get Answers on Test Preparation, Admissions & Campus Life
Study Abroad Countries
Which institution is better for MBA in Finance- SPJIMR or IIM- Indore? (For someone who has only 6 months of work experience)
Trying to make sure my answer is as objective as possible, I have mentioned the pros of both institutes namely SPJIMR and IIM Indore. The final decision can be made by choosing the one whose benefits appeal to you the most and matches your inclinations.
SPJIMR
- Small batch size of 250-300 students makes it possible to develop good bonding between peers. There is almost a family-like feeling. The small batch size also reduces the level of competition and increases proximity to faculty
- The average package was pretty decent this year and stood at INR 26.06 LPA
- A major USP of SPJIMR is its Rural internship called DOCC and GFT(global fast track program). These offer a unique experience of rural India as well as the foreign market in the same year.
- Another distinguishing factor of SPJIMR is the minors offered n other specializations like Analytics, Consulting, etc. This is like a secondary specialization for backup in the future.
- The culture at SPJIMR is friendly mainly because of the unique selection process
IIM Indore
- The main USP is the IIM Tag
- Huge batch size resulting in a larger stronger alumni base
- You do not have to choose a specialization at the time of admissions. Specializations are chosen after a year and still, the degree awarded is that of a General MBA only. So if you are not sure of your specialization and want to explore various aspects of Management, then IIM Indore is a better option for you.
Which is better for a PGDM in finance, NMIMS Bangalore or Welingkar Mumbai?
Both NMIMS Bangalore and Welingkar University or WeSchool are excellent for PGDM course. Welingkar University is famous for its 2 year PGDM program which provides many specializations like finance, operations, supply chain management, etc. NMIMS offers a number of courses related to management. Its PGDM course is relatively famous for its course structure and education.
Ranking:
- NMIMS Bengaluru ranked amongst the top 5 emerging B-schools for 2015 by the ‘National Human Resource Development Network (NHRDN)’ – 2015.
- Welingkar University has ranked as 68th in the best management universities of India by the NIRF Ranking Framework.
Admission:
NMIMS Bengaluru
- For admission to NMIMS students are required to have a verified undergraduate degree and test scores of GMAT.
- For students who have not given GMAT, they can appear for NMAT which is conducted by NMIMS. The final admissions will be based on merit.
Welingkar Mumbai
- For PGDM course at Welingkar, students are required to present test scores of CAT /XAT /CMAT /ATMA /GMAT and the cumulative scores of their undergraduate degree.
- Students will be admitted on the basis of merit in their exam scores.
Placements:
NMIMS Bengaluru
- The placement percentage of NMIMS has been very high as almost 90% of their students applying to the placement cell get placed in the top companies in Bangalore including PPOs in eminent brands like VMware, Exide Life Insurance, Tata Capital, and many more.
- The highest package offered was 21.38 LPA with the average being 10.5 LPA.
- Most of the students are placed in FMCG, CD, Pharma, and Retail industries.
Welingkar Mumbai
- Welingkar University PGDM course has high placements with top recruiters among Deloitte USI, GEP, Accenture, Nestle, Morgan Stanley, Infosys, Manipal Cigna Health Insurance, Philips India Ltd, Keva, ICICI Bank, etc.
- Their highest salary went up to 13.94 LPA with the average salary range of 10.92 LPA.
- The institute recorded 85% placement record in the recent placement drive.
Thus both these universities are excellent for their course structure and placements. It completely depends on the student about which institute they want to pursue based on their exam scores and financial abilities. Rest assured PGDM course at any of these institutes is likely to result in a successful career.
How is Manipal University for an MBA in Finance?
Manipal University is an average college for MBA in Finance. As per the industry standers and recruitment reports, it is considered among the tier-3 colleges. You can expect normal scales or analyst profiles. You won’t get a high-paying vote finance profile from institutes other than ones ranking among the top 15-20.
For Finance, Manipal University Jaipur MBA average package is INR 6 LPA. During the recent placement drive, various banks, finance companies, and HR-related companies offered management job roles to students.
How is PIBM for finance placements?
Without any doubt, PIBM is one of the best colleges in India for management. It offers an AICTE approved PGDM course. It also offers an MBA program in affiliation with Savitribai Phule Pune University.
- It provides placement training where they give complete experimenting learning, profile building, and even SCPS approach (Sector, Company, Product/Service).
- For Finance, they offer proficiency enhancement training and certification in curricular like Bloomberg Terminals, Ace Analyzer, Advance Excel, Balance sheet analysis, Finance modeling.
- The college offers industrial experience as well through summer and winter internship programs, and live projects.
- Many companies like Wipro, ITC, Deloitte, etc. come to the placement drive for recruiting. The average package offered to the students in the recent placement drive of 2021 was INR 6.5 LPA, placing 550+ students.
- The job profiles offered are in Investment Banking, Equity Research, Corporate Finance, Commercial Credit, Finance Quality Management, Treasury Management, etc.
PIBM is one of the best institutions offering many opportunities along with wonderful placements for finance. So if you are interested in applying, grab the opportunity.
Is a PGDM in Finance good in PIBM?
Yes, PIBM is a great choice if you have chosen to go for a specialization in Finance. I can give you some insight into the institute as I have a few friends at the institute.
Academics:
The reason PIBM is so popular is simply because of its brilliant teaching pedagogy. Here, the students are trained on various aspects of SCPS (Sector, Company, Product/Services). You will also receive profile-oriented training and experiential learning.
To implement the teachings that are essential for specialization in Finance, PIBM makes sure they provide certifications that come along with their curriculum. Some of which are as follows.
- Ace Analyzer
- Bloomberg Terminal
- Balance Sheet Analysis
- Advanced Excel
- Financial Modeling
Faculty:
- The faculty base for Finance specialization is great. The faculties are experienced and quite helpful.
- Mr. Bharat Dalal Sir, HOD of Finance has 28+ years of experience in the corporate world and 15+ years of experience in teaching. So, you are in capable hands.
Internships:
At PIBM, you would have two different internship programs, i.e. Winter and Summer Internship Programmes. These kinds of programs are good to get an experience of the corporate world.
Placements:
Placements for Finance at PIBM are quite good.
- You will be offered profiles in Equity Research, Investing Banking, Corporate Finance, Commerce Credit, Treasury Management, Finance Quality Management.
- Karvy, IDBI, FIS Global, DCB Bank, Eclerx, etc. are some of the top recruiters visiting the campus drive.
- According to the 2021 highlights the average CTC offered was 6.5 LPA.
So, you can definitely consider PIBM for your management degree in Finance.
Which college is better in PGDM in Finance among Kirloskar, PIBM and NDIM?
First, you should decide what kind of Finance job you want after your graduation. This will make choosing the right institute a little easier.
Core finance: This includes job profiles such as the following.
- Investment banking
- Risk management
- Asset management
- Derivative analysis
- Law – taxation
- Auditor
- Treasury management
- Market research Ex:- Mergers & Acquisition, Actuary
Financial products sales - This includes job profiles as the following.
- Insurance sales
- Mutual Fund sales
- Corporate credit sales
- Relationship manager
- DEMAT account sales
- Brokerage sales
Get in touch with the alumni of the institutes via Linkedin or other social media platforms and get to know about the job profiles, in-hand salary, job sustainability, etc. Based on what I heard from my friends, I will say Kirloskar, PIMBA are better than NDIM.
How suitable is Great Lakes, Gurgaon for an MBA in Finance?
I have a friend who is also an MBA Finance enthusiast. He was shortlisted for Great Lakes, Gurgaon- specifically for Finance. My answer would be more conversational and definitely does not intend to be any sort of advice as eventually, it is your call.
For studies, Great Lakes is a good choice to opt for. But here, what happens to be even more prioritized is the job profile of working under Finance.
The industry of Finance specifically has a range of 10% of jobs to offer along with 50% reserved for marketing and for operations, which is 30%. Last year, 21% of the recruiters were from BFSI out of only a small range of 10% were provided a job in Finance. Others are compelled to opt for sales. Many students end up opting for it as MBA Finance leaves them indebted and they are in dire need of a job to pay off the loan.
If you have enough confidence, do go for it. But then, if you consider yourself to be and stay your average self, there is something you need to work on.
Which one is best: a PGDM from Birla Institute of Management Technology, Greater Noida, an MMS in finance from NL Dalmia, or an MBA from PUMBA, Pune?
NL Dalmia has a specific focus on finance, which makes it a good option for candidates looking to specialize in finance. On the other hand, PUMBA offers a more general management education with a focus on practical learning and industry exposure.
BIMTECH, Greater Noida offers a good curriculum with a focus on innovation and entrepreneurship. The institute has a strong industry connection and offers a variety of electives to choose from. However, its ranking is lower than NL Dalmia and PUMBA.Which college is best for an MBA in finance, Great Lakes Gurgaon, IMT Hyderabad or BIMTECH Greater Noida?
If you are a fresher, priority can be like this
IMT Hyderabad > BIMTECH > Great Lakes Gurgaon
If you have at least two years of experience, the priority list can be like this:
BIMTECH > IMT-H > Great Lakes Gurgaon
| Parameters | IMT Hyderabad | Great Lakes | BIMTECH Greater Noida |
|
Average Package |
12 LPA |
11.6 LPA |
11 LPA |
|
Highest Package |
25 LPA |
21.5 LPA |
23.43 LPA |
|
Top Companies |
DE Shaw & Co, Barclays, Reliance, Wipro, Nerolac, EY, Deloitte, Hero, Hitachi, HCL, Infosys, Genpact |
Deloitte, EY, HCL, Infosys, Axtria, Cognizant, Crisil, DDB Mudra Group, Darashaw, Havells, Hector Beverages, HCL, Tata Capital, |
ADP, Wipro, E&Y, Deloitte, KPMG, Tata AIG |
|
Fees |
25,00,000 |
17,75,000 |
17,00,000 |
The table above can help you analyse better.
How are the placements for PGDM finance students in ITM in Navi Mumbai, Apeejay School of Management, or EMPI Business School??
ITM Navi Mumbai is ranked 57 by India Today for MBA, whereas, Apeejay School of Management has been ranked 91 by India Today in the same category. EMPI Business School is also a reputed MBA college in Delhi.
Placement at ITM Navi Mumbai:With an edge of having industry exposure in Mumbai, ITM Navi Mumbai leverages when compared to the other two in terms of its Finance domain.
- 37.96% of the total companies visiting the campus are of the finance domain. Few from the top recruiters in the finance domain are JP Morgan, GIC Housing Finance Ltd, Capital First, etc.
- It has a decent average placement percentage of about 95%.
- The highest and average CTC received by the students of the institute is 7.6 LPA and 14.2 LPA.
Placement at Apeejay School of Management:
- As per their latest placement report of 2016-18, 13% of the total companies visited are for the Banking, Financial Services & Insurance Sector.
- The top recruiters for finance domains at the institute are Byju’s, HDFC Bank Ltd, ICICI Prudential, ICICI Bank, etc.
- The average and highest CTC at Apeejay is 16.5 LPA and 6.5 LPA.
Placement at EMPI Business School:At EMPI, Almost 75% of the students got placements.
- For finance companies, the average package goes down to 3-4.5 LPA, which is less than that of ITM Navi Mumbai.
- Some major recruiters in the finance domain at the institute are Deutsche Bank, American Express, Bank of America, Citi Financial, HSBC, etc.
SUBSCRIBE TO OUR NEWS LETTER
