ISB Hyderabad is known for its lack of specialization in Finance. It’s a common understanding now that even if one is preferring ISB Hyderabad for admission, they know that they should go for anything but Finance. Studying some aspects will give you a deeper insight as to why MBA in Finance from ISB Hyderabad is not recommended.
Faculty: Although the visiting faculty is quite decent, it’s the domestic faculty that has ruined the culture at ISB. They are arrogant, pathetic, and extremely incapable. They insult the students regularly and disturb student-teacher relations.
Placements: The roles offered in Finance were below average like Operations, Sales, and BD roles. Such roles were offered in abundance by the banks or start-ups. However, the superior roles like IB/PE/VC/M&A/FP&A/Equity Research/Credit Rating/Asset Management/TAS were offered scarcely. For instance
So the best roles were offered limitedly while the batch size stood at 900. Most students ended up with unsatisfactory placements. Now you can decide whether or not to join if you are confident to face the placement scenario.
Almost all of the colleges listed here are in the top 20 list of MBA colleges in India for Finance. Among the new IIMs, the ones good for Finance are IIM Ranchi, IIM Rohtak, IIM Raipur, IIM Udaipur, and IIM Kashipur.
The table below draws a comparison of the MBA programs offered by the institutes.
Institute |
Fees |
Average CTC |
New IIMs |
IIM Ranchi- 17.5 Lakh |
IIM Ranchi- 18.37 LPA |
IIM Rohtak- 17.6 Lakh |
IIM Rohtak- 19.27 LPA |
|
IIM Raipur- 16.1 Lakh |
IIM Raipur- 19.7 LPA |
|
IIM Udaipur- 19 Lakh |
IIM Udaipur- 20.3 LPA |
|
IIM Kashipur- 17.3 Lakh |
IIM Kashipur- 18.10 LPA |
|
IIM Shillong |
22.71 Lakh |
26.1 LPA |
XIMB |
21.3 lakh |
15.12 LPA |
IMT Ghaziabad |
21.5 lakhs |
16.56 LPA |
IIT Madras |
10.9 lakhs |
16.93 LPA |
IMI Delhi |
22.25 LPA |
17.20 LPA |
TAPMI |
19.45 LPA |
13.84 LPA |
Top recruiters at these institutes include Tata Steel, Cognizant, Capgemini, Accenture, Apollo Munich, Godrej, Emami, Nestle, Titan, Maruti Suzuki, PCBL, HDFC Bank, Mu Sigma, Larsen & Toubro, GMR, Tata Steel, Godrej & Boyce, and Vedanta and many more.
All of the mentioned institutes are good for MBA in Finance. However I would recommend IIT Madras as it has the lowest fees and a good average package.
Presidency University Bangalore is a newly established private university ranked 36th for MBA by TIMES. The university was awarded with University of the Year in 2018 by EduTech review.
The table below provides information regarding the fee structure and eligibility for the MBA finance program along with the cutoff.
Fee Structure |
Eligibility |
Cut off Score |
Seat intake |
INR 6.5 lacs |
Graduation + CAT |
108 |
600 |
The institute is relatively new and hence lacks a strong alumni network in the market and hence attracting lucrative offers by industry giants as of now. But the college provides a lot of opportunities and it is up to the individual to carefully scrutinize and then select a course in a particular college.
One of my relatives who used to be a student of SCMHRD feels that the course is directly proportional to the quality or effort of the students who are a part of it.
He has shed some light on the following:
The institute also provides a good platform for appearing in various events of the institute and corporate events. It can be a good way to stand out from the crowd.
FMS Delhi Placements 2023 has been concluded. A total of 269 students participated. FMS Delhi's highest package stood at INR 1.23 CPA whereas the average package stood at INR 34.1 LPA and the median package stood at INR 31 LPA. 97% of offers were made above INR 20 LPA. A total of 27% of students were placed in the Consulting Sector and there was a 19% Increase in the number of students placed in the BFSI Sector as compared to the last year.
JBIMS Mumbai is one of the most prestigious B-Schools in India. The institute has recently concluded its 2022 placement drive. The average salary increased by more than 20% as compared to the last year which stood at INR 27.63 LPA in 2022 whereas the median CTC stood at INR 26.48 LPA and the highest salary stood at INR 42 LPA. Consulting companies played the dominating role during the placement drive. Major recruiters included Deloitte, EY, PwC, Accenture, Infosys, KPMG, and many more.
There is no relevant data to tell us about Freshers' data, but both offer great placements regardless. Whichever location suits you; you can go there. However, FMS Delhi is the best according to me.
In terms of faculty, placements, curriculum and other aspects, ISB Hyderabad is good for MBA Finance. The curriculum is well-designed and covers the current standard practices in the industry. The basic Fiannace subjects are covered in earlier in the program and students get to choose their electives in the last 5 terms.
ISB placements are good for Finance. But it depends a lot on the students. The job profile you will be offered will depend a lot on your background, profile, interests, etc. During 2022 placements, the salary packages offered for Finance profiles were in the range of INR 24.5 LPA - 38 LPA.
It is hard to compare particularly the finance stream but overall comparison is given below in the table;
College |
Fees |
Highest Package |
Average Package |
TAPMI |
INR 16 Lakhs |
INR 22.3 LPA |
INR 15.7 LPA |
KJ Somaiya |
INR 19.18 Lakhs |
INR 22.5 LPA |
INR 12.28 LPA |
Nirma University |
INR 11.34 Lakhs |
INR 26 LPA |
INR 10.50 LPA |
Out of all these colleges, IMI Delhi seems to be the best option for a person looking to major in finance. IMT Ghaziabad has been known for its marketing for a long time and SCMHRD, as the name suggests, is an amazing institution for HR. XIMB is also a decent option for finance but IMI seems to edge it out due to the following reasons-
In my opinion, the best option among the given colleges is SCMHRD’s finance. I am not saying this on my own, but the data reflects the results. Let’s check the final placements for each college in the finance area.
The average package offered in the finance area at IMI Delhi is 17.64 lac per annum for the last batch. For IMT Ghaziabad, this figure is 14 LPA. XIMB is a little better than these colleges, with an average package of 20 LPA, but SCMHRD excels all of these with an average package of 22 LPA and the highest package of 27 LPA.
First of all, congratulations on graduating and making the best decision to opt for an MBA in Finance. You have to carefully examine the infrastructure, fees, facilities, and faculties before confirming an institute, and this is a crucial step for every candidate.
Let us have a brief comparison of the colleges you have preferred-
So, you can go with the option of Welingkar School for your studies.