Particular | 1st Semester Fees | 2nd Semester Fees |
Hostel Deposit (Refundable) | 15,000 | -- |
Hostel Fees ** | 46,500 | 46,500 |
Mess Fees ** | 47,250 | 47,250 |
The Hostel fee is expected to increase by 10% in the next year.
For a PGDM FS, KJ Somaiya is the best option among these. The institute has a locational advantage since it is situated at the financial hub of the country, i.e. Mumbai. KJ Somaiya placements are great. According to the 2022 interim placement report, the average CTC offered to the students was INR 10.25 LPA, while the highest CTC offered was INR 26.50 LPA.
Between GIM and SIIB, the letter offers better industrial relations and better job roles in campus placements.
SIIB is the third rank college in SNAP and has a high cutoff around 98 percentile. Since SIMS admits mostly students from defense backgrounds so the quality of peer of SIIB, is comparatively better.
There’s also another parameter that you should consider while choosing the right institute for your MBA, i.e. specialization.
Another factor that is crucial for choosing a management institute is ROI. SIIB offers a poor Return On Investment if you don't get the top jobs. However, recently SIIB is seeing very good placements. SIIB is better in long term.
SIIB Pune has a good average of 100% placements. The small batch size is both an advantage and a disadvantage for it. Few things can definitely improve at the institute but overall SIIB, Pune is a good institute with decent placements.
Here is a highlight of the 2020 placements.
No of eligible students |
146 |
Highest international CTC |
62.85 LPA |
Highest domestic CTC |
17 LPA |
Median CTC |
10.93 LPA |
Average CTC |
10.78 LPA |
International Business offers major career opportunities in reputed export companies. For more details about the placements, you can visit the official website. SIIB Pune’s placement reports are 95% accurate and CIRSIL audited.
The chances of getting an interview call from SIIB, or SIBM Bangalore with a SNAP score of 87.6 are very less. Below are the cutoff details, for these institutes.
SIIB Pune cutoff - 93
SIBM Bangalore cutoff - 90
Naturally, the required cutoff changes each year depending on various factors, such as competition, the difficulty level of the examination, etc.
Symbiosis Institute of International Business, Pune (SIIB) offers students two-year full-time residential programs in MBA.
SIIB Pune is surrounded by hills on either side which infiltrates a sense of peace and tranquility which produces a highly conducive atmosphere for learning. My friends at the institute are quite happy with the campus life.
Although all the B Schools you mentioned are very good, the one I would personally recommend is FORE. Some points that favor my recommendation are
College |
Average Package |
Highest package |
GIM |
INR 12.1 LPA |
INR 30.2 LPA |
FORE |
INR 14.04 LPA |
INR 41 LPA |
KJ Somaiya |
INR 10.98 LPA |
INR 26.50 LPA |
SIBM Bangalore |
INR 10.60 LPA |
INR 32 LPA |
GIM: ?18,31,200
FORE: Rs.16,98,000
KJ Somaiya: ?9.59 Lakhs (one year)
SIBM: INR 3.53 L - 16.62 L(for 2-3 years)
FORE offers industry oriented certifications and International Immersion Program. So looking at the overall picture we can say all 4 colleges give each other tough competition but FORE takes the lead.
One of my friends at SIBM Bengaluru, says it is an excellent institute, which has been growing at an exponential pace over the last 10 years. The points below will give you a clear idea as to why you should go for SIBM Bangalore over SIIB Pune.
Categories |
SIIB Pune |
SIBM Bengaluru |
Course Fee |
10.28-14.4 lakhs |
1.31-14.5 lakhs |
Highest CTC |
16 LPA |
26 LPA |
Average CTC |
9 LPA |
10.26 LPA |
Recruiting Companies |
Aditya Birla, UltraTech Cement, ITC, UPL, etc. |
Bisleri, Asian Paints, Nestle, Loreal, etc. |
Therefore, SIBM Bengaluru has several advantages, which makes it a good choice for students having close to 90 percentile.
By understanding the perspective of your question, there shall not be a huge change if you only get an MBA done. The thing that determines it is the choices you are going to make like the firm you choose to work in, your expected salary or location or role, the work environment, and various other choices.
In 10 years, if you continue working hard, then you will probably have made 2 or 5 years of promotion. You can also simultaneously expect a major salary hike.
However, considering several drawbacks such as home loans, personal expenses, family expenditure, annual vacations, and fee structure of institutions, you are expected to live a very grounded life.
Thus, your life 10 years from now will not however result only if you particularly get an MBA from a B-school, but will take into account the choices you have made, and the hard work you were to undertake.
Among IMI (Delhi), SIIB (Pune), or MICA (Ahmedabad) for an MBA in Marketing, MICA should be your top choice. It's known for providing unparalleled education in Branding, Communication, and Marketing. Although the fee for all the colleges mentioned is on the higher side, the question of ROI does not arise when it comes to MICA's reputation and quality of education.
IMI New Delhi is a decent college, but it's not particularly known for anything specific. On the other hand, SIIB is part of a cluster of colleges and is sought after mainly for the Symbiosis brand. However, MICA has a unique identity and reputation for producing some of the finest marketing and communication specialists in the industry.
Choosing MICA as your B-school will provide you with exposure to a rich and diverse culture, along with an unparalleled learning experience in Marketing and Communication. The college has an exceptional faculty, top-notch infrastructure, and a wide range of industry tie-ups that provide students with ample opportunities to gain practical experience.
MICA's alumni network is also a significant advantage, with graduates holding leadership positions in top organizations globally. Overall, if you're looking to specialize in Marketing and Communication, MICA should be your top choice, given its unparalleled reputation and focus on the field.
You should choose PGPM Great Lakes. The course curriculum is good and it has gained momentum over the last few years. The institute offers good placements. Great Lakes Chennai average package during 2022 placements was INR 12.5 LPA. The average CTC increased 13% this year.
If you are interested in International Business, SIIB is a good option as well.