It is about your lifetime career and not just a degree or an uncertain job profile. So, check every aspect of yourself that you want or what you don't want to do. Then precisely balance the pros and the cons and make the right decision.
First, evaluate yourself and ask yourself what kind of work you prefer or what is your comfort zone (Sales, HR, Banking sector sales, Core finance) and then check which college profile is good for you.
Do not judge any college just by its ranking or advertise over high claims; as presenting everything in an exaggerated manner is very normalizing in India. If possible visit the campus by yourself or make a LinkedIn profile to chat with alumni (not current students) to get a clear picture of after placement job stability.
Categories |
ITM Navi Mumbai |
Course Fee |
10.45 lakh |
Placement Percentage |
70-80% |
Highest CTC |
22 LPA |
Average CTC |
8.5 LPA |
Recruiting Companies |
Deloitte, PwC, SBI, KPMG, E&Y |
Do not run behind the annual CTC package otherwise, you would be in unfathomable depth with your bank loan burden and uncertain job profile as CTC may be seen to be high but your in-hand salary may be surprising, so always check the average 'in hand salary' or ask for advance salary'
For the core finance job profile, it is good to have at least 55 to 60 percent in graduation according to MNC criteria, and you should try through higher CAT or MAT for top tier 1 college mainly for this. For core marketing profile also need to work hard for entrance score (at least 97 onwards Mat). Also, it can reduce your education expenses by just 1.6 lakh in top government colleges.
You must review the fee structure (internship-food-stay, stipend, laptop, dress, industrial visit, and so on). If you have an interest to become a commercial bank manager or being an IT manager to control the software workforce team, but you are forced towards banking field sales or IT software corporate sales, check the job profile if it is your cup of tea or not.
Jaipuria Institute of Management is the best choice in terms of faculty, campus life, industry experience and placements. My friends have studied here and had the best experience of their academic life.
Placements for PGDM are excellent and various well-known companies visit the campus for recruitment. The salary packages offer a good return on your investments.
For the recent batch of 2020, the highest package offered was 19 Lakhs by Amazon and the highest International package recorded was 14.3 Lakhs. Top recruiters for this session were HDFC Bank, IDFC Bank, HCL, and Deloitte.
Most of my friends are doing pretty well after graduating from XIME Bangalore. In my opinion, you really do not need to compare the two. Here are some reasons why:
Pros:
Categories |
XIME Bangalore |
Course Fee |
11 lakh |
Highest CTC |
13-16 LPA |
Average CTC |
7-8 LPA |
Recruiting Companies |
Infosys, Wipro, PwC, Dell, etc. |
Cons:
XIME is a good institution. You get good ROI and they also have good ethics and try to give you a fair chance at things. You will also have to put in effort from your end. Good luck.
ITM Navi Mumbai is comparably better for an MBA. As per the 2022 placement highlights, ITM Navi Mumbai average package was INR 8.5 LPA. While the highest CTC was INR 22 LPA.
However, ITM Navi Mumbai and KIIT School of Management Bhubaneswar aren’t among the top B-schools in India.
ITM Navi Mumbai is ranked 57 by India Today for MBA, whereas, Apeejay School of Management has been ranked 91 by India Today in the same category. EMPI Business School is also a reputed MBA college in Delhi.
Placement at ITM Navi Mumbai:With an edge of having industry exposure in Mumbai, ITM Navi Mumbai leverages when compared to the other two in terms of its Finance domain.
Placement at Apeejay School of Management:
Placement at EMPI Business School:At EMPI, Almost 75% of the students got placements.
Given below is a brief discussion about the MBA programs offered by BIMM Pune, MITSOB Pune, and ITM Navi Mumbai.
BIMM Pune
Balaji Institute of Modern Management (BIMM) is one of the leading MBA colleges in Pune. It offers two years of the full-time MBA program. It also provides two years of the PGDM Executive program for the working professionals. It is ranked as one of the top 11 B-schools in India by TOI B-School Survey, 2019, and also as one of the top 3 B-schools in Pune by TOI B-School Survey, 2019.
Given below is a highlight of the MBA program offered by BIIM Pune.
Admission |
CAT score, Group Discussion, Personal Interview, and Essay Writing. |
Specializations |
General, IT & Marketing, PM & HRD, Executive |
Course fee (1st-year fee) |
4.45 lakhs |
Placement achieved |
98% |
Highest package |
INR 15 LPA |
Average package |
INR 7.0 LPA |
Top Recruiters |
Google, SBI, Colgate, Amazon, HCL, Accenture, Mindtree, Deloitte, etc |
MITSOB Pune
MITSOB is a leading institute that runs under the MIT Group of Institutions. It offers two years of Post Graduate Diploma in Management (PGDM) program in four specializations.
Given below is an insight into the MBA programs offered by MITSOB.
Admission |
CAT/MAT/XAT/CMAT/MH-CET/ATMA score, Essay Writing, Extempore, Personal Interview |
Specializations |
General, Marketing, Finance, and Human Resource |
Course fee (1st-year fee) |
3.5 lakhs |
Placement achieved |
86% |
Highest package |
INR 13.88 LPA |
Average package |
INR 3.6 LPA |
Top Recruiters |
Deloitte, India Bulls, Amazon, Mahindra, Dmart, Aditya Birla, etc. |
ITM Navi Mumbai
ITM Navi Mumbai is ranked among India’s elite business schools and 2nd in Mumbai by All India B-School Survey. ITM offers two years of PGDM courses in 10 specializations.
The table below the highlights of the MBA program delivered by ITM Navi Mumbai.
Admission |
CAT/MAT/XAT/CMAT/MH-CET/GMAT score, Micro Presentation, Personal Interview, and Written Ability Test |
Specialization |
Marketing, Business Analytics, Finance, Operations and Supply Chain Management, Digital Marketing and Transformations, Financial Markets, Fintech, Human Resource Management, Retail Management, and Marketing, International Business |
Course fee (1st-year fee) |
4.95 lakhs |
Placement achieved |
98% |
Highest package |
INR 15 LPA |
Average package |
INR 7.5 LPA |
Top Recruiters |
JP Morgan, Hindustan Unilever, LG Electronics, Amazon, Deloitte, HDFC Ltd, etc. |
All these three colleges are well-reputed B-Schools of India with their own advantages. In terms of ROI BIMM is the better choice, whereas ITM Navi Mumbai has a reputed brand name. So, choose according to what you expect out of your MBA degree.
All these colleges of Maharashtra excel in one or the other aspects. The following table gives a comparison for a better understanding of each of these colleges’ specifications.
ASPECTS |
WELINGKAR |
KIAMS |
ITM NAVI |
Fees |
INR 12.9 lacs to 14.1 lacs. |
INR 12.5 lacs to 13 lacs. |
INR 4.9 lacs to 5.6 lacs. |
Faculty-Student Ratio |
1:15 |
1:15 |
1:15 |
Campus Size |
3.90 acres |
6.3 acres |
3 acres |
Placement Rate |
100% |
96% |
97% |
Average Package |
INR 8.5 LPA |
INR 5.95 LPA |
INR 7.5 LPA |
Highest Package |
INR 13.6 LPA |
INR 15.64 LPA |
INR 14.5 LPA |
The admission process and criteria for all three colleges are almost similar. Listed below are some more details regarding the same:
Welingkar and ITM do not provide any special scholarships to the students except for the loan facilities. KIAMS, on the other hand, rewards INR 1 lakh to the students scoring a percentile of 95% and above.
All three of these colleges have a well-maintained healthy educational environment and spacious campus. All these details can be kept in mind while making an informed choice.
ITM at Navi Mumbai has consistently been ranked in top 25 B-Schools across India for post-graduate diploma in management. Few salient features about this course are:
Scholarship and Placement Opportunities:
Scholarships offering 100%, 50% and 25% waiving of tuition fees can be claimed by meritorious candidates. In the recent years, the institute has witnessed a stark increase in the no of offers made by recruiters and average placement rate increasing to almost a record 100%.
SPECIALIZATION |
HIGHEST PACKAGE (LPA) |
AVERAGE PACKAGE (LPA) |
FINTECH |
10 |
6 |
FINANCE |
14.2 |
7.6 |
ANALYTICS |
14.5 |
6.8 |
HRM |
13.5 |
6.8 |
INTERNATIONAL BUSINESS |
15 |
7.1 |
MARKETING |
22 |
8.5 |
RETAIL MANAGEMENT AND MARKETING |
8 |
5.6 |
SUPPLY CHAIN AND OPERATION MANAGEMENT |
13.4 |
6 |
TABLE: PLACEMENT STATISTICS
Course Curriculum:
The course curriculum focuses on professional development along with gaining life skills leading to holistic development of the student. Spending scores of hours on live projects under the guidance of industry experts and highly esteemed and distinguished faculties enhances their all-round capabilities. The ROI is relatively high, making it one of the best choices to pursue PGDM. The 24*7 high speed Wi-Fi campus, well-furnished hostel facilities and accessibility of location is an added bonus.