To begin, you must reduce your college options; Symbiosis offers many colleges in and around Pune. SIBM is the best in this category, followed closely by SCMHRD (just for HR).
So, for the sake of comparison, let's stick to these two.
Long story short, SIBM and SCHHRD would outperform NMIMS in terms of specific placements, but NMIMS takes the cake in terms of total placement and legitimacy.
Symbiosis is a rather diverse but not particularly well-structured college campus, and the plethora of possibilities can lead to some confusion, particularly when distinguishing the cream from the rest.
NMIMS, on the other hand, offers selective courses and hence has a superior overall atmosphere.
Finally, in terms of fees and ROI, NMIMS easily wins.
My cousin is an alumnus of Symbiosis Centre of Management Studies (SCMS) Pune and her experience there was good. The quality of education offered in the institute, atmosphere, infrastructure, faculty, and other facilities are commendable. It is a very renowned institute of management. The institute provides wide exposure to the students as well.
Some of the visiting professors showered the batch with their knowledge and prowess in the art of teaching, oratorical skills, case-based approaches, etc.
You will also pick up the basics of other specializations as you go along. This specialization ensures that your depth of knowledge is much higher than that of others.
There is no specific criterion by any company that visits campus. A few criteria are like what percentage of the batch is placed. If many students are unplaced, then the company can find a good pool of students they can hire. Some companies specifically look for work-experience candidates. For example, ICICI Lombard visits such campuses and asks for a candidate with at least 24 months of work experience. It all depends on how the placements committee is negotiating with the companies and what are the requirements of the companies. Sometimes they mention the number of candidates they are looking to hire. Sometimes, they don’t tell any number.
The likelihood that you will be admitted to SIBM, SCMHRD, or SIIB depends on a number of variables, including your academic performance, work experience (if any), performance on the admission exam, and performance in the selection process (group discussion and personal interview).
In general, entrance to SIBM and SCMHRD requires a solid profile because they are very selective business schools. A renowned B-school as well, SIIB may have a little less competition.
You should aim for a high percentile on the entrance exam (CAT or SNAP), have a strong academic record, and have relevant work experience (if applicable) to boost your chances of getting into these B-schools. Additionally, since the group discussion and personal interview rounds are so important to the selection process, it is critical to prepare effectively for both.
XLRI offers a two years Human Resource program at PGD level and Symbiosis Pune offers an MBA and a Diploma in HR Management. The XLRI program has been ranked the best in Asia Pacific. Both institutes receive employment offers from names like Citibank, Yes Bank, Axis Bank, Mercer, Ranbaxy, Dabur etc.
The table below shows the information on the institute and programs-
|
Parameters |
XLRI (HR) |
Symbiosis Pune (HR) |
|
Placement Percentage |
100 |
100 |
|
Campus size (acres) |
50 |
300 |
|
Total Seats |
120-180 |
182 |
|
Fee |
INR 4.10-23.0 LPA |
INR 2.3 - 6.15 LPA |
|
Average Package |
INR 23 LPA |
INR 27.18 LPA |
Admission Process
Infrastructure and Faculty
Both institutes have 5 - 10 faculty members with NET and PhD qualifications.
Placement Details
Students can make a choice based on facts listed above in coherence with future goals.
PIBM Pune provides a strong foundation for a master’s degree in management. One of my close friends studied at PIBM Pune. According to him, most of the colleges in India focus on theoretical knowledge, but PIBM has a practice-based approach.
|
Categories |
PIBM Pune |
SIBM Pune |
|
Course Fee |
7.95 lakh |
17.26 lakh |
|
Highest CTC |
21 LPA |
25 LPA |
|
Average CTC |
17-18 LPA |
18 LPA |
|
Recruiting Companies |
Infosys, Mindtree, Nestle, Berger, etc. |
Asian Paints, KPMG, Reliance, Loreal, etc. |
PIBM has a strong foundation, as it has been in the business for a long and nurtures management leaders. PIBM offers a theoretical approach as well as a practical approach, and students are exposed to both facets of management.
There are several factors that you should consider before deciding on a business school. Fee is one of them; though the fees you pay at any business school is not directly equivalent to the average package offered, so keep that in mind before making any decision.
Now, Management schools generally increase their annual fees by 10 to 20% every two years. For instance, in the year 2018, MICA increased their fees from Rs 16.5 lakhs to 18.5 lakhs and then last year, they increased it again to Rs 20 lakhs. Similarly, SIBM Pune increased their fees by 20 % in the year 2018. Thus, bear in mind that most business schools change their fee structure annually or bi-annually while it is a deciding factor, it is also highly common.
Tabulated below are the recent fee structure and average salary offered by the institutes:
|
Institute Name |
Fee Structure |
Average Salary |
|
MICA |
21 LPA |
13.9 LPA |
|
SIBM Pune |
18.8 LPA |
20.14 LPA |
|
IIM Shillong |
10 LPA |
18.76 LPA |
Comparison:
MICA is an excellent college with a unique structure; people are creative and innovative there. The college will definitely help you grow and will offer you a very different and unique experience, unlike a traditional management school. While it is a good and upcoming college; it has to work to match up to management colleges like SIBM Pune and IIM Shillong.
Colleges invite companies for placements on the basis of the preference list created by the students themselves. This means that the most preferred companies visit in the initial days while the least preferred companies visit towards the end. This eventually means that the last of the batch gets placed by mediocre companies.
Now here is a fact, sometimes the companies visiting at the end in order to get higher preference and attract maximum students, offer high packages that are at par with the preferred companies.
My uncle was a placement coordinator at IIFT a few years ago and gave me an insight into the placement scenario of such B Schools. Numerically speaking if the median salary of a particular B School is X, then the packages offered to the last 59 students would be around 0.6X-0.7X.
|
College Name |
Median Salary |
Salary expected by last 50 candidates |
|
IIM Indore |
INR 24.09 LPA |
INR 16.8 LPA |
|
IIFT Delhi |
INR 25.6 LPA |
INR 17.9 LPA |
|
MDI Gurgaon |
INR 24 LPA |
INR 16.8 LPA |
|
SIBM Pune |
INR 20.80 LPA |
INR 14.5 LPA |
The approximate salary offered to the last 50 candidates of the B Schools you mentioned is around 15-17 LPA.
Kindly note that these figures are based solely on guesses and anecdotes from my juniors, and are just meant to give an idea of the salary.
Having friends studying in both the institutes, I might be able to help you with the question. To conclude which is the best option for you, we have to first compare these two Institutes in the following few criteria.
Placement records:
|
Particulars |
SIBM Pune |
XIMB |
|
Number of students placed |
365 |
374 |
|
Number of recruiters |
84 |
97 |
|
Top recruiters |
ICICI Bank, Capgemini, Asian paints, Godrej. |
BNY Mellon, Accenture, Deloitte, Airtel. |
|
Highest CTC offered |
27 LPA |
24 LPA |
|
Average CTC offered |
16 LPA |
15.51 LPA |
|
Placement rate |
98% |
98% |
You have to assess all these factors, consider your personal commitments, course fee and other information about both of these Institutes to decide what is best for you.
Symbiosis Institute of Business Management, Bangalore (SIBM) offers PGDM programs for working professionals. The course duration is 12 months and it is split into two-semester classroom sessions. The college offers one year PG Diploma courses in the specializations of Business Analytics, Financial Management, Operations Management, and HR. Apart from these diploma courses, an executive MBA program is also offered to working professionals by the institute.
Listed below are the
The faculty to student ratio at the institute 1:20. The faculty and the course curriculum is almost the same as the regular MBA. The PGDM courses at SIBM, Bangalore does not provide placements but most students find good jobs on their own after completing the course.