Which college would be better to pursue MBA from - NMIMS Mumbai or SIBM Pune?
A decent alternative for doing an MBA is NMIMS. Due to the fact that it provides specialism in areas like HR, business analytics, digital transformation, etc. In 1981, the famous organization NMIMS was established in Mumbai, Maharashtra. NMIMS is a deemed-to-be university with eight campuses located throughout India in Mumbai, Shirpur, Indore, Navi Mumbai, Bengaluru, Hyderabad, Dhule, and Chandigarh. Here are a few factors that make NMIMS a suitable choice for those interested in pursuing this degree program:
- Ranking: NMIMS ranked #21 among the top MBA schools in India. Due to its high academic standards, emphasis on research, and professors drawn from the best national and international universities and businesses, NMIMS is considered to be at the forefront of great education.
- Accreditation: NMIMS Deemed-to University is accredited by NAAC with a 3.59 CGPA and Grade A+, whereas SIBM Pune is accredited by NAAC with an "A" grade
- Financial support: Students at NMIMS Mumbai are eligible for the Central Sector Scheme of Scholarships for economically disadvantaged General, SC, ST, and physically challenged groups.
- Placement: The majority of students who apply for placements in NMIMS are accepted. The comparison between the placement stats of these colleges are as follows:
|
Particulars |
NMIMS |
SIBM Pune |
|
Highest salary |
INR 67.80 LPA |
INR 35.05 LPA |
|
Average salary |
INR 26.63 LPA |
INR 26.77 LPA |
|
Top recruiters |
Aditya Birla Capital, American Express, Goldman Sachs, Crisil, etc. |
Accenture Strategy, Aditya Birla Capital, American Express, Barclays, HSBC, etc |
- Alumni network: Ashis Gupta (Managing Director and Head of Research, Credit Suisse India), Kamlesh Rao (Managing Director, Kotak Securities Ltd.) and many more established professionals are the notable alumni of this organization.
In conclusion, NMIMS is undeniably a commendable institution that continues to excel in its pursuit of academic excellence and professional as well as personal development. So based on these basic aspects NMIMS would be a better option for pursuing this course.
Comments
NMIMS Mumbai and SIBM Pune are both leading B-schools in India which have proved their worth through consistent results, academic programs and excellent placement opportunities. NMIMS is located in Mumbai whereas SIBM is in the heart of Pune city. Both of these institutes have a range of prosperous alumni and securing an MBA seat in any of these would be excellent for students looking to pursue an MBA.
|
College |
Fees |
Placements |
|
NMIMS |
9.35 LPA |
Average Package 17.58 LPA |
|
SIBM |
3.25 LPA (first year) |
Average Package 20 LPA |
Ranking:
- Symbiosis Institute of Business Management (SIBM) has been ranked 22nd amongst all top B-Schools in India by NIRF Ranking 2020.
- NMIMS has been ranked as a category 1 university by MHRD and has been accredited A+ by NAAC with a 3.39 CGPA.
Admissions
NMIMS Mumbai
- 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.
SIBM Pune
- Admission to SIBM requires students to give the SNAP test along with Group Exercise, personal interview, and writing ability test (WAT).
- Candidates who appear to all these rounds will be considered for admission on the basis of merit.
Placements
NMIMS Mumbai
- At NMIMS, the MBA program has the highest salary packages. Over 166 companies participate in their campus recruitment drive.
- The highest salary package was of 34.11 LPA with the average package being 17.58 LPA.
- The top recruiters are ICICI Bank, Honeywell, Wipro, L&T Infotech, Kotak Mahindra Bank, Capgemini, Aditya Birla Capital, HDFC bank, Maruti Suzuki, Cognizant, Deloitte, Max Life Insurance, IBM, OYO, AVIVA India, etc.
SIBM Pune
- SIBM offers placements throughout the year as well as internship opportunities for junior students.
- Over 90 recruiters visit the campus for recruitment.
- The highest package was at 34.56 LPA with the average being 20 LPA.
- Over 28% of placement offers were in Fortune 500 companies.
Thus it completely depends on the student which institute they wish to choose. It also depends on their preferred area of residence and financial capabilities. It is also important that students talk to alumni before making any decisions.
Comments
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