1st Yr Fees
₹ 6,28,400Total Fees
₹ 6,00,000Total Fees
₹ 25,00,000Total Fees
₹ 10,000VGSoM at the Indian Institute of Technology (IIT) Kharagpur conducts a rigorous interview process as part of its admission criteria for MBA and other management programs. Here are some things to expect during the VGSoM interview:
Overall, the VGSoM interview is designed to assess your communication skills, analytical thinking, and suitability for the management program. It is essential to be well-prepared and confident during the interview to make a good impression on the interviewers.
For an MBA in Marketing, IIM Udaipur is a better option than IIT Kharagpur. Being an IIM, it offers a more suitable environment for management studies. The faculties are the best in their field. IIM Udaipur placements are great. The placement average is around 100%. The batch of 2022 received an average CTC of around INR 17.5 LPA. While the highest CTC offered was INR 35 LPA. The return on investment for IIM U is decent.
IIT KGP is mostly known as a technical institute, for an MBA, IIM Udaipur is better.
When it comes to choosing between IMT Ghaziabad and VGSoM, IIT Kharagpur for a management program, it is important to consider the specific strengths of each institution. IMT Ghaziabad is well-known for its marketing program and has a strong network of alumni in the corporate world. On the other hand, VGSoM, IIT Kharagpur is known for its operations management program and has a strong reputation as an institution of the Indian Institutes of Technology (IITs).
It's important to note that while IITs may not have the same level of business school experience as some other institutions, they are renowned for their strength in certain areas of study, such as operations management. Additionally, VGSoM, IIT Kharagpur holds a good return on investment factor.
Ultimately, the choice between IMT Ghaziabad and VGSoM, IIT Kharagpur will depend on an individual's interests and career goals. If one is interested in marketing or other majors, then IMT Ghaziabad would be a good choice, and if one is interested in operations management, then VGSoM and IIT Kharagpur would be the better choice. Both institutions have their own unique strengths and reputations and ultimately, it's important to pick the one that aligns with your goals and interests.
When considering graduate business programs, it is important to weigh the various factors that may influence your decision. IIT Kharagpur's Vinod Gupta School of Management (VGSoM) has a long legacy and robust alumni network, spanning over 25 years. In contrast, IIM Nagpur, a newer institution, has graduated only three batches so far. VGSoM also boasts a spacious campus of 2100 acres, while IIM Nagpur does not have its own campus.
While the fees for both programs are roughly the same, the average package at VGSoM is significantly higher at INR 19.36 LPA compared to INR 13.21 LPA at IIM Nagpur. However, IIM Nagpur does offer a unique opportunity for students to spend one trimester at IIM Ahmedabad and receive mentorship from the institution's faculty. Additionally, for some individuals, the IIM tag may hold additional prestige.
It's worth noting that the IIM tag is highly respected for older IIMs and certain regional campuses such as IIM Trichy, IIM Udaipur, and IIM Ranchi. However, for baby IIMs like IIM Nagpur, the tag may not hold as much weight when compared to an esteemed institution like VGSoM which holds the IIT tag and offers an MBA program that is semester based, while IIM Nagpur offers a trimester-based postgraduate program.
When it comes to choosing a business school, the competition is fierce and the options can be overwhelming. Three institutes that are considered to be among the top in the country are the Vinod Gupta School of Management (VGSOM) at IIT Kharagpur, the Indian Institute of Management (IIM) Ranchi, and the Narsee Monjee Institute of Management Studies (NMIMS).
If you are interested in an operations profile, then VGSOM is a great choice. It is considered to be one of the best institutes in the country for operations specialization, after NITIE. Additionally, the return on investment (ROI) is high. IIM Ranchi, on the other hand, may have a lower average package compared to the other two institutes, but it has the prestige of the IIM tag and a decent profile. The hostels are also fabulous, with single rooms available for students.
NMIMS is considered to be more costly and the batch strength is over 500 students. The top 150-200 students get superb packages and roles that are at par with other top B-schools, however, the next lot of students may have a lot of start-ups, etc. If you want to play safe, VGSOM or IIM Ranchi might be the best option.
However, if you are willing to take a risk, NMIMS might be a good choice as the profiles there are really good. It's ultimately up to you to decide which institute aligns best with your career goals and objectives. Rest assured, whichever institute you choose, you will be choosing a great institution as all three are among the top institutes in the country.
VGSoM is a Business School, focused solely on offering full-time residential management degrees available in various streams, as opposed to NMIMS, which expands to offering UG, PG, and diploma degrees in law, Commerce, Engineering, Arts, and Science degrees to thousands of students each year.
Here are some highlights of both of these universities.
Parameters |
VGSoM IIT KGP |
NMIMS Mumbai |
Institute Ranking (India Today) |
22 |
9 |
Placement Percentage |
100% |
100% |
Average Fee |
INR 5.22 LPA |
INR 9.25 LPA |
Average Package (MBA) |
INR 18.1 LPA |
INR 18.33 LPA |
Hostel Fee |
INR 22300 |
INR 1,80,000 |
Admission Criteria:
Both of these universities follow merit-based admissions, from scores determined by entrance exams and written tests.
VGSoM, IIT KGP: MBA aspirants are required to have a graduation degree along with CAT exam scores.
NMIMS, Mumbai: MBA aspirants are required to score 50% in their graduation degree and have the NMAT entrance exam scores.
Infrastructure:
VGSoM, IIT KGP:
VGSoM campus is a part of the 2100 acre IIT KGP hold, settled in the heart of the city.
The campus houses massive classrooms, computer & IT labs, auditorium, cafeteria, hostel, sports complex, among other basic amenities.
NMIMS, Mumbai:
NMIMS is housed with a new campus with world-class amenities and state of the art technology, stretching across its 3,50,000 square feet campus.
The new campus has a 10-story building, housing 60 classrooms, a massive library, conference rooms, placement hall, examination hall, and other offices.
Placement:
VGSoM, IIT KGP:
Over 70 recruiters participated in the campus drive, driving talent from VGSOM.
The packages vary from 10 LPA to 30 LPA, each year.
From the 2018-2020 class, the highest package rose up to 29 LPA, with the average being set at 18.1 LPA.
NMIMS, Mumbai:
NMIMS holds annual placement drives with a success rate of 100%.
As per the recent cycle, the highest package offered to students was 30.37 LPA, whereas the average salary package offered to students came up to approximately 17.97 LPA.
Bank of America, Deloitte, Vedanta, Accenture, Amdocs, Aditya Birla, and Google are some of the highest paying companies pooling talent from NMIMS every year.
All the institutes run a tight ship and deliver great results, given the atmosphere. Here, VGSoM has a better edge when it comes to Management degrees. Students must consider the college with the best Return on Investment ratio and teaching environment.
Both the colleges are reputed among students and offer decent ROI, a well-connected alumni network, and good placement opportunities.
Let’s have an overview for both the colleges one by one.
JBIMS:
VGSoM:
JBIMS Mumbai offers MIMS while VGSoM offers MBA. Both the institutes are good.
With admissions into colleges like Vinod Gupta School of Management (VGSoM) and Shailesh J. Mehta School of Management (SJMSOM), ranking 5th and 10th respectively on the prestigious NIRF chart, students get a chance to be a part of an unmatched academic legacy. Currently, there are 20 IIMs in India. Achieving a slot in the most competitive programs in the entire country is indeed prestigious.
IITs have brought down their fee structure to ranging between 2-8 lakhs, making it affordable for students from all walks of life.
Out of the 23 IITs of India, seven offer MBA courses. All of these colleges find a remarkable ranking in prestigious chartings.
As per the NIRF-MHRD, IIT Delhi, IIT Bombay, and IIT Kharagpur rank in the top ten MBA institutes of India.
Eligibility:
Aspirants are required to clear the eligibility for individual institutes such as Written Tests, Group Discussions, and Personal Interviews.
The admission process is similar for all of these colleges, but the programs, fee structure, and placement cycles are different.
Each IIT Management college offers the flexibility to choose the electives and specialization in their courses.
Placement Opportunities:
The IIT ecosystem offers students immense consulting and research opportunities.
The average salary offered by IITs ranges from 11 LPA to 12 LPA, as opposed to the average fee being 8 LPA.
Amazon, Bank of America, KPMG, McKinsey, JP Morgan Chase, and Wipro are some of the top recruiters of the IIT Management placement drive.
Colleges like VGSOM are prepared to offer a better course catalog, backed with a handsome placement cycle, hence they are worth the investment.
VGSoM is ranked 5th in the prestigious NIRF ranking for its management program, whereas IIM Rohtak nabs its 21st position. While VGSoM has positioned itself as a premium Business School in 2020, IIM Rohtak has been overtaken by a crowd of other IIMs, due to lack of funding and exposure.
Academics:
While VGSoM offers a traditional 2-year full-time MBA degree and 3-year Executive MBA.
IIM Rohtak offers PGP, Executive PGP, and IPM (Integrated Program in Management), a five-year integrated course, covering bachelor and graduate framework.
VGSoM offers an MBA as a two-year course at a fee of INR 12,22,200 Lakhs.
IIM Rohtak charges INR 4,95,000 Lakhs for the first year of the IPM course. The course fee for PGPM is 16 lakhs for 2 years.
Infrastructure & Facilities:
VGSoM:
VGSoM campus is situated at the extension of the 2100 acre IIT KGP hold, settled in the heart of the city.
The campus houses massive classrooms, computer & IT labs, auditorium, cafeteria, hostel, sports complex, among other basic amenities.
IIM Rohtak:
The college campus is sprawled over 200 acres of land, accommodating more than 20 buildings designated for each other's respective purposes.
The classrooms are air-conditioned and well-furnished with audio-visual arrangements and proper lightning.
The campus has 24-hour electricity available, with separate Wi-Fi zones and LAN privileges.
The college has affordable, separate hostels for boys and girls.
Placements:
VGSoM:
Over 70 recruiters participated in the campus drive, driving talent from VGSOM.
The packages vary from 10 LPA to 30 LPA, each year.
From the 2018-2020 class, the highest package rose up to 29 LPA, with the average being set at 18.1 LPA.
IIM Rohtak:
The college has a placement rate of 100%.
Over 90 distinct companies pool talent from the college, with a number of variable recruiters going as high as 40.
The highest package offered in the most-recent academic cycle is INR 24 LPA.
The average salary offered is an impressive INR 13.7 LPA.
Companies such as ICICI Bank, CDE Asia, Microland, IVP, and Arcesium are some of the top recruiters which visit the campus for the placement season.
Both of these colleges outperform the rest of the competition in terms of placements. IIM indeed takes a superior lead when it comes to NIRF rankings. Students must consider the options in terms of infrastructure and facilities. With lowered fees and a stronger placement cycle, VGSoM takes an edge here.
Out of the seven streams of MBAs offered by VGSOM, finance stands out for its excellent placement record and practical tutoring.
As NIRF ranks VGSOM at 5th place in its overall ranking of Management program, it can be said with affirmation that the institute is excellent in its finance coursework and teaching.
Here are some reasons to support this.
Admission:
VGSOM offers two classes of the course MBA and Executive MBA.
There are 140 seats in each batch, a portion of which is reserved for the finance students.
The entrance for both is done through the Written Aptitude Test (WAT) and Personal Interview (PI).
The MBA fee in VGSoM for the first year is INR 521,900.
????Infrastructure & Faculty:
VGSoM campus is situated at the extension of the 2100 acre IIT KGP hold, settled in the heart of the city.
The campus houses massive classrooms, computer & IT labs, auditorium, cafeteria, hostel, sports complex, among other basic amenities.
?????Placement:
The campus invites over 70 recruiters for participation.
In the latest placement cycle, the highest package offered was 29 LPA, and the average package offered was 18 LPA/
Across all streams, the package varies from 10 LPA to 30 LPA each year.
In the two-year MBA course-work offered by VGSoM, aspirants aiming for a degree in Finance need to look no further and lock VGSoM as their top choice.