JBIMS (Jamnalal Bajaj Institute of Management Studies) and NITIE (National Institute of Industrial Engineering) are both highly regarded management colleges in India, with MBA programs in Finance and Operations, respectively. Personal preferences, professional aspirations, and industry requirements can all play a role in deciding between the two institutes.
|
Particulars |
JBIMS |
NITIE |
|
Average Package |
INR 23.16 LPA |
INR 25.27 LPA |
|
Highest Package |
INR 44 LPA |
INR 78.20 LPA |
|
Fees |
INR 305,000 per year |
INR 703,000 per year |
JBIMS is a Mumbai-based business school noted for its strong finance program. The institute's academic program is demanding, including topics such as financial markets, corporate finance, and investment banking. Top recruiters such as Goldman Sachs, JP Morgan, and Citibank often hire from the school, demonstrating the institute's strong placement record in the finance industry.
NITIE, on the other hand, is a Mumbai-based university that provides a specialized MBA program in Operations Management. With courses including Supply Chain Management, Logistics, and Quality Management, the institute puts a significant emphasis on industrial engineering and operations research. Top recruiters such as Amazon, Flipkart, and Tata Motors, among others, have visited the school and have a constant high placement record in the operations area.
The following subjects are offered in IIMs, JBIMS, FMS and IIFT.
IMT marketing is great, but TAPMI is famous for its finance program. Bloomberg Lab benefits TAPMI financial students. In 2014, Bloomberg created the State-of-the-Art Finance Lab with 16 terminals with BSE and NSE data streams, along with 7 Thomson Reuters terminals. Students learn forecasting, risk management, investments, and global financial management. This lab bridges financial theory and practice by giving students real-world market experience.
Bloomberg is used in all first-year Finance courses and 60% of electives. The course material is top-notch, and the faculty—including the Director, a finance and marketing expert—are among the best in the nation. Most faculty members have Phds from top universities like IIMs and IITs. Finance students are envied on campus because they get the greatest final placements. Excellent profiles.
Because of its location, IIM Kashipur has the best Operations faculties and links. However, there are a few issues with the placement of the same. The Institute does not award diplomas in specific fields such as operations, finance, and marketing. As a result, students of any major are always eligible to apply for any job. Because students are not enrolled in a specific stream when they join the institute, their preferences change after the first year of exposure. Many students enter the second year with the intention of majoring in Operations, but they end up majoring in other fields for personal reasons.
Even among them, there aren't many freshmen, for whom it can be challenging to find an operations job; as a result, even they end up getting placed in a different stream. Therefore, IIM Kashipur is indeed a perfect place for operations management, but only if you have the correct perspective on what ops are and if you stick with it.
Without a doubt, XLRI Jamshedpur BM takes the overall lead in this comparison. Certainly, the opportunity cost is losing the IIM brand, but when one is an XLRI alumnus, they also stand tall. There are factors that place XL above IIM Indore, which one will realise once they pass out of it. It has a more than 70-year history and a large alumni base.
Furthermore, it has an excellent faculty and all students here are of merit without any reservations, which will provide you with a highly competitive environment and excellent peer learning.
If you wish to pursue a career in finance, I would suggest that you go with TAPMI, as they are known for performing well in the finance domain. Top companies like JP Morgan, Goldman Sachs, CRISIL, TATA AIG, HDFC, ICICI, Paytm, etc. visit the campus. They also have a dedicated Bloomberg Terminal, which assists the students in gaining the necessary financial skills and knowledge.
Preparing for an interview can be a hefty task if not done in the right way without the right set of knowledge. So here I am with a few tips that will upscale your interview preparation
Lastly, don't let your anxiety get the better of you.
I think the PGP course is a better option if you are interested in Finance and Economics. This is because the ABM program offers the choice of only one option during the second year. The electives of the first year of both the programs ABM and PGP are the same. They comprise important topics like Micro and Macroeconomics, Financial Reporting and Accounting, Managerial Accounting, and Financial Management.
Most importantly you will be missing out on Finance and Economics courses. Some ABM students are diligent enough to sit through these classes despite everything.
There are no major differences in the placement scenario of ABM and PGP. Though I will recommend you go for the PGP program of a more reputed institute. Through ABM you will have to resort to self-learning more.
Yes, PIBM is a very good college for finance. It has professionals who have good industrial knowledge and experience.
At PIBM, students are trained by Corporate heads like CFO, Corporate Bankers, Investment Bankers on job-specific courses. Students also receive training on SAP FICO, Advance Excel, Equity Research, Financial Analytics, Six Sigma Green Belt, MS Project Management etc
PIBM is a very good college for finance where all the facilities are available and they train and prepare the students to be job-ready in this corporate world.
If you join IMT Ghaziabad after having a work experience of 3.6 years in manufacturing, you might face issues in a summer internship. As IMT is famous for marketing and finance, many companies either prefer candidates in the same field or freshers, so you can get difficulties in getting shortlisted. But if you choose to finance in your second year, your previous work experience will not matter that much, plus you can showcase whatever you have learned in your summers. What I have felt during my MBA is that there is no barrier if you want to achieve anything. You can always work hard and smart to reach your desired goals.