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Which would be a better choice between SPJain Information Management specialization and MDI Gurgaon PGPM?
A specialization in any field be it Information Management or Finance, will limit your job prospects whereas a general PGDM will keep your options open. By choosing the IM specialization you can expect the following roles
- Consulting (strategy, operations, technology)
- Sales/pre-sales (software)
- Product managers
- IT managers (corporate IT roles)
- Analytics
- Banking
If these are exactly the kind of roles you were looking for, then specialization in IM is not a bad option. But if you want to explore more fields then PGDM is best for you.
It’s important to note that these roles will automatically be offered to you even if you choose the MDI Gurgaon PGDM course in addition to other job profiles in Marketing, Finance, Ops, etc.
So choosing PGDM will keep your options open, whereas choosing SP Jain will limit your options as you have to stay committed to your specialization both in terms of what you learn and what jobs you are looking for. However, if you are choosing SP Jain because of personal preferences like location, batch size, brand name, or course, then it is altogether a different topic.
How was your interview experience at SPJIMR PGPM Program?
The interview experience of one of the students at SPJIMR PGPM Program is described below:
During the interview, there were three students, including him, two of which were in Finance and one in Marketing. There were also two quantitative mathematics professors who conducted the technical round. The interview lasted for 45-60 minutes, and the professors were relaxed throughout the interview.
Some common questions included introducing oneself and discussing a model that needed dummy variables as independent variables. He also had to answer specific questions, such as writing an algorithm to help IoT differentiate between his twin brother and himself, explaining the process of capitalization of losses to a layman, and how the DuPont Model could help evaluate a company. He also had to justify why he wanted to pursue an MBA despite already being an FRM.
In the second round, there were common questions about the understanding of the numbers, views on farmer protests and the toolkit case, and the rising intolerance in countries like India and the US. The interview was more about evaluating his personality, and most of the questions were about how he would react to ethical or moral dilemmas.
Overall, listening to others' answers, having opinions in place, and being thorough with the FORM B were key to succeeding in the interview. Out of 40 students in his slot, half made it to the second round, and fortunately, all three of them made it to the next round.
Which is better, SPJIMR or MDI?
SPJIMR is undoubtedly better than MDI. Comparatively, SPJIMR has lower fees and a better ROI than MDI. SPJIMR is known for its strong brand and exposure to the corporate sector, particularly in Mumbai's financial hub where many reputable companies are based. Additionally, the batch is described as vibrant. While MDI Gurgaon is also a well-known brand, SPJIMR has a competitive edge in this comparison.
According to an unofficial report, SPJIMR's placements in 2023 saw the highest package of INR 77.8 LPA, with an average package of INR 33.02 LPA and the median package of INR 32.89 LPA. The FMCG sector was the top recruiter, accounting for 35% of placements, with 42 first-time recruiters and over 47% of students receiving PPOs. Notable recruiters included Asian Paints, Castrol, Godrej Group, and Hindustan Unilever Limited.
In the previous year, SPJIMR's PGDM placements in 2022 saw 70 companies visit the campus, with 123 PPOs made. The highest and average packages offered were INR 52.16 LPA and INR 32.06 LPA, respectively. Top recruiters in 2022 included Amazon, Microsoft, and Tata
Is a 4-year tri city BBA course of SPJ better than a 5-year IPM at IIM Indore?
IPM does not offer a BBA degree but you will receive a BA degree for your undergrad coursework (Foundations in Management). The subjects taught at the undergraduate level are vastly different from those taught in any other BBA program. Any decision based on an assumption about the IPM curriculum can land you in big trouble.
Returning to the question, I'm not familiar with the specifics of the four-year Tri-City programme, but I'm sure it entails a lot of learning from an institute like SPJ.
- Having said that, IPM and the aforementioned course can be compared on the same scale.
- Two degrees from IIM Indore (one of which is the regular MBA that other PGP participants are entitled to) is an incredible value that cannot be matched by any other BBA programme in the country.
- Other benefits include the environment and opportunities that come with being a student at an IIM.
Comparisons can be made when other IIMs launch courses similar to IPM, which does not appear to be happening anytime soon. Until then, IPM would be a clear winner in terms of undergrad management education.
How good is SPJIMR?
There are a few things to keep in mind before joining SPJIMR. Firstly, SPJIMR is one of the top 10 b schools in India, with a strong faculty and a prime location in Mumbai. Being located in Mumbai has its advantages, especially when it comes to placements.
When it comes to comparing SPJIMR to other business schools, the actual comparison would depend on various factors such as specializations and the schools being compared. However, it's worth noting that SPJIMR had a fantastic final placement season for its PGDM batch of 2022. The median salary saw a 20 percent jump, and the average salary increased by 23 percent for the graduating batch. The highest salary offered was over 53 lakhs, and nearly 9 out of 10 students received offers of at least 25 lakhs.
The placements process saw the participation of prominent companies such as BCG, Bain, Goldman Sachs, American Express, Amazon, TAS, HUL, Nestle, and the Mahindra Group, among others. This reflects the strong reputation that SPJIMR has among recruiters and the business community.
Overall, you can be assured of a strong placements process and ample opportunities to kickstart your career. With a prime location in Mumbai and a reputation as one of the top b schools in India, SPJIMR is a great choice for those looking to pursue a career in business.
Should I attend NMIMS Mumbai or SPJIMR for an MBA in finance?
NMIMS Mumbai and SPJIMR are prestigious Indian business institutions with excellent finance MBA programs. We can consider these:
- Reputation and Rankings: SPJIMR frequently outranks NMIMS in national and international MBA rankings.
- Curriculum and staff: Both schools feature rigorous MBA programs with a finance focus and highly competent staff. SPJIMR's experiential learning comprises case studies, simulations, and industrial projects.
- Location: NMIMS is in Mumbai, India's financial center, which offers many finance internships and positions. SPJIMR is in a quieter Mumbai area.
- Alumni Network: Many successful finance professionals are alumni of both schools. SPJIMR alumni are more close-knit and supportive.
Both B-schools are good but the SPJIMR brand stands much above NMIMS. Placements are also good in SPJIMR and a small batch size is a big advantage. Projects are also good, so SPJIMR should be preferred.
Which is the best MBA college in Mumbai among: JBIMS, SPJIMR and NMIMS? Which college among these have highest ranking?
It is a close call between SPJIMR and JBIMS. NMIMS is not in the same league as these but it is a decent B-School and ranked among the top 30 in India. JBIMS has the highest rank. Indiatoday 2021 ranked the institute 12 for MBA.
JBIMS offers better ROI. Course fees for the institute are INR 6.05 Lakhs. While the average CTC for the institute is INR 27 LPA, according to JBIMS placements highlights of 2022. If you are interested in Finance, you should choose JBIMS.
If you are interested in Marketing and Ops, you should go for SP Jain.
How should I write my answer on " Why marketing"? I got a call from SPJIMR marketing? My first priority was finance but a call from marketing??
The fact that you got a call from Marketing means SPJIMR seems your profile to be more suitable for Marketing than Finance. They have their own parameters of evaluation and you need to trust that part.
Firstly you need to analyze why exactly you have Finance as your first priority. Are you seriously interested in it or just choosing it because you have no prior experience? If you have no Finance background then certificates like CA/CFA might help.
But if you are just casually considering Finance, then I Advise you to look into Marketing because it is what SPJIMR specializes in. You will be losing a big opportunity if you forgo this offer. You will get a good chance to interact with a good peer group and develop an alumni network.
Depending on your preference the answer to ‘why Marketing’ is pretty subjective. Once you are into marketing you will find multiple reasons why you chose marketing. You can conduct research and write a well-informed reason or just simply refer to ready-made answers on CAT forums like Pagulguy for help.
How many backdoor entries are still getting admissions in B-schools in india like spjimr,welingkar,bimtech,imt etc.?
No, there are no backdoor entries as far as I know. All of the names mentioned are respectable institutes and the only way to get admissions is through your own hard work and determination. Study well, take the entrance exam and hope for the best.
Is it possible to get into SPJIMR if there have been backs during graduation?
This answer is based on the interview experience of a close friend who had backs during graduation. When enquired about the same, she told them that she has a good percentile despite that. The panelists contradicted her saying the other candidates also have an excellent percentile and academic background. They asked why should a person with a back be preferred over them. My friend told them she even had an extracurricular background and an overall good profile. Yet again the panelists were not convinced. She further said that it was her talent for never giving up that set her apart from others. The panelists told her she couldn’t make it because of her backlog and she easily gave up and left.
The conclusions I drew from this interview were
- My friend, despite claiming that she never gives up easily, gave up once she was cornered. So don’t give up till the end
- Prepare a justifiable statement to support your claim and be confident while delivering it
- Have something exceptional up your sleeve to overshadow the backs in your records
- Don’t just blabber and sound as genuine as you can.
- Take up a specific skill and ace it so well that all your past drawbacks can be covered through it.
So it’s eventually your luck and your confidence that will decide if having a back will hinder your path to success or not.
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