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N. L. Dalmia Institute of Management Studies and Research - [NLDIMSR], Mumbai

Mumbai, Maharashtra
Private College

What's New in N.L. Dalmia?

NLDIMSR MAH CET Re-Exam Registration has been extended till April 16, 2023. Re-Exam will be held on April 30, 2023.

N. L. Dalmia Institute of Management Studies and Research (NLDIMSR) was founded in 1995 by the Late Shri Niranjanlal Dalmia. The academic program commenced in 1997. Today, the institute has received NAAC A+ accreditation in the 2nd cycle and SAQS accreditation for 5 years.

The Institute holds the approval of the All India Council for Technical Education (AICTE) and accreditation from the National Board of Accreditation (NBA) and member of esteemed associations like AACSB, AIMA, AIMS, BMA, CII, EFMD, IMC, IFA and AMDISA. It is also ISO 9001:2015 certified by United Kingdom Accredited Services & SGS. The Post Graduate Diploma in Management (PGDM) offered at N. L. Dalmia has received Association of Indian Universities (AIU) equivalence for all its PGDM programs. Additionally, NLDIMSR is recognized as the first Bloomberg Experiential Learning Partner (ELP) Program in India. 

Direct Link to Apply for N. L. Dalmia Admission

During N. L. Dalmia Placements 2023 - 24, KPMG, Kotak Mahindra Bank, Aditya Birla Capital, Deutsche Bank, Hindustan Unilever Limited, Godrej Capital Limited, JP Morgan, Morgan Stanley, CRISIL, Nomura, eClerx, Jericho Ventures Private Limited and many more reputed recruiters visited the campus. The Highest Package stood at INR 25.5 LPA. The Institute has fostered a powerful relationship with its 8,000+ alumni network, who play integral roles in shaping both academic and placement aspects of the Institution.

Chat with Experts & Aspirants, get exclusive insights: Join N. L. Dalmia Community

N. L. Dalmia Highlights

Established | Type 1995 | Private Institute
Approval AICTE
Affiliation University of Mumbai
Accreditation SAQs, Naac A+, NBA, AIU, AICTE
No. of students in campus every year 800+
Courses offered

 PGDM, GMBA

Admission Criteria Entrance Exam
Alumni 8000+
Total Faculties 31
Scholarship Govt. scholarship available for eligible candidates
Official Website https://www.nldalmia.in/
Admission Helpdesk 6389 222 555
admissions@nldalmia.in
Address Sector 1, Srishti, Mira Road (East), Thane (MMR),
Mumbai, Maharashtra 401104

N. L. Dalmia Awards & Achievements

  • Accredited NAAC- “A+” Grade.
  • The PGDM program of the college is rated A** at National Level and A*** at State Level by CRISIL.
  • The institute has received Premier College Status by Accreditation Services for International Schools, Colleges, Universities (ASIC), UK.
  • N. L. Dalmia is voted Best Private Institute in Maharashtra by professional bodies such as AACSB, EFMD, BMA, CII, IMC, AIMS, and AIMA.
  • The faculty members at the institute include teachers from top-reputed IITs and IIMs.
  • The institute is recognized among the Top Institutes in Western India by Times Education Group.

N. L. Dalmia Admission Dates 2024

Event  Dates
Last Date to Apply for PGDM Closed
Online GD-PI June 10 – 14, 2024
Offline GD-PI Till June 30, 2024

N. L. Dalmia Ranking

  • Ranked 15th among the top private B-Schools in India by IIRF Ranking 2024
  • NLDIMSR is positioned in the Gold Band in India for Employability and Startup Ecosystem Excellence in ESER 2024 by R. World institutional Ranking
  • NLDIMSR is positioned in the Gold Band in India for Research Excellence in Research Excellence Ranking 2024 by R. World Institutional Ranking
  • NLDIMSR is positioned in the Diamond Band in India for Research Excellence in India Academia Rankings 2024 by R. World Institutional Ranking
  • Accredited NAAC- “A+” Grade.
  • Ranked 2nd Best B-School in Mumbai by Times of India, 2022-23. 
  • Ranked 23rd Best B-School (Top 100 B-School) in India by Times of India, 2022-23. 
  • Ranked 7th Best B-School (Top 100 B-School) in Maharashtra by Times of India, 2022-23.
  • Ranked 6th Best B-School (Top 50 B-School) in Maharashtra by Times of India, 2022-23.
  • Ranked 13th Best B-School (Top 50 B-School) in India by Times of India, 2022-23.
  • Ranked 9th Best B-School in West Zone by Times of India, 2022-23.
  • Excellence in B - School Education by Mid - day Gems of India 2023
  • Ranked 25th  among Top Private MBA Institutions by Outlook - ICARE India MBA Rankings 2023
  • Ranked 7th  amongst Top Private MBA Institutions - West Zone by Outlook - ICARE India MBA Rankings 2023
  • NLDIMSR has received the Best Educational Institution Of The Year Award by the Maharashtra Industry Development Association at the Annual Pride of Maharashtra Award
  • Ranked 4th  in Mumbai in the category of “Top Private B - Schools in Mumbai” by The Week - Hansa Research - Best B - School Survey 2022 
  • Ranked 6th  in Mumbai in the category of “Top B - Schools in Mumbai” by The Week - Hansa Research - Best B - School Survey 2022 
  • Ranked 21st  in the category of "Top B - Schools in West Zone" by The Week - Hansa Research - Best B - School Survey 2022 
  • Ranked 17th  in the category of "Top Private B - Schools in West Zone" by The Week - Hansa Research - Best B - School Survey 2022 
  • Ranked as Top Management Institute by Times Education Icons, Mumbai 2022
  • Ranked 18th  amongst Top Private B - Schools in India and 9th  amongst Top Private B - Schools in Maharashtra by EducationWorld India Higher Education Rankings 2022 - 23
  • 1st Institution in Asia recognised as Experiential Learning Partner (ELP) Program and largest standalone Bloomberg Lab in South Asia. 
  • “Best Private Management Institute in Maharashtra 2024”, Awarded by the Centre for Education Growth and Research (CEGR) for Outstanding Contribution to Education Skill and Research during the 14th  Rashtriya Shiksha Gaurav Puraskar Ceremony 2024 
  • Best Green Campus Award in Amrit Mahotsava Green Campus competition by Directorate of Technical Education (DTE) 2023-24
  • Ranked 20 in India and 8th in Maharashtra amongst Top 100 Pvt B - Schools (2023-24)
  • Ranked 5 in India, 2 in Maharashtra and 2 in Mumbai among India’s Best Private Higher Education Institutions for Best academia-industry alliance conferred by Education World India Higher Education Grand Jury Rankings
  • Ranked 2nd  in Mumbai in the category of “Top Private B - Schools in Mumbai” by Times B - School Ranking 2023-24
  • Ranked 23rd  in the category of “Top 120 B - Schools in India” by Times B - School Ranking 2023-24
  • Ranked 12th  in the category of "Top 100 Private Institutes in India” by Times B - School Ranking 2023-24
  • Ranked 10th in the category of "Top 20 B - Schools in West Zone" by Times B - School Rankings 2023-24
  • Ranked 13th  in the category of "Top 20 Institutes in Placement” by Times B - School Ranking 2023-24
  • Recognized in the band "PERFORMER" under the category "General (Non-Technical)" in the Atal Ranking of Institutions on Innovation Achievement (ARRIA) 2024
  • Ranked 23rd  in the category of “Top 120 B - Schools in India” by Times B - School Rankings 2023-24
  • Ranked 14th  in the category of "Top 100 Private Institutes in India" by Times B - School Rankings 2023-24
  • Ranked 10th in the category of "Top 20 B - Schools in West Zone" by Times B - School Rankings 2023-24
  • “Education Excellence Awards & Conference 2024”, Awarded by Beginup Research Intelligence Pvt. Ltd. as Best Business School of the Year 2024, Maharashtra in the category of Quality Education & Placements in November 2024
  • 13th  Rashtriya Shikhsha Gaurav Puraskar Ceremony 2024”, awarded by the Centre for Education Growth and Research (CEGR) as Best Private Institute in Maharashtra for Placement 2024 for exemplary contribution towards Education, Skill Development & Research in October 2024
  • “The National Education Excellence Awards, 2024”, awarded by Praxis Media as Best Business School in Western India

N. L. Dalmia Courses

Tabulated below are the courses offered by the N. L. Damia Institute of Management Studies and Research under various specializations:

Course Name Details
PGDM Duration: 2 years
Eligibility: Bachelor’s degree with 50% marks 
Exams Accepted: CAT, XAT, GMAT, CMAT, MHCET, MAT, ATMA
Fees: INR 16,20,000
PGDM Business Analytics
PGDM Finance
GMBA

Eligibility: Passed 3/4 year Bachelor’s Degree with preferably 55% from any UGC recognized University as per rules of the University.
Exam Accepted: CAT/ XAT/ GMAT/ CMAT/ MH-CET/ MAT/ ATMA and N. L. Dalmia Aptitude Test

Click here: N. L. Dalmia Courses and Fees

N. L. Dalmia Admission

Candidates seeking admission to the institute must fulfill the eligibility criteria as per the course. The application process is online and the application form could be obtained from the institute’s website. The selection criteria for each course vary from each other as per the requirements. Following is the selection process for each course: 

  • The application fee (single specialization) is INR 2,000, INR 3,000 (for 2 specializations) & INR 4,000 (for all 3 specializations).
  • For the PGDM program, admission is offered on the basis of a valid score in one among CAT/XAT/CMAT/MH-CET/GMAT/MAT/ATMA.
  • Candidates have to appear for Group Discussion and Personal Interview conducted at the Institute’s level. The final selection is based on the overall profile of the candidate.
  • The evaluation is holistic – and not based on test scores alone. The applicant would be evaluated based on the following criteria:
    • Entrance Exam score (Any one of 7 aptitude tests accepted (CAT/XAT/CMAT/MH-CET/GMAT/MAT/ATMA). You can upload scores for more than one if available.
    • Online Personal Interview
    • Online General Discussion
    • Past Academic Record (10th, 12th and Graduation)
    • Work Experience
    • Extra-Curricular (Sports/Art)

Know more: N. L. Dalmia Admission

N. L. Dalmia Placements

N. L. Dalmia’s alumni are present in some of the top leadership positions in the industry. The highest package recorded is INR 25.5 LPA. Every year, top MNCs and blue-chip companies such as Hindustan Unilever, Alkem, Tata Croma, Nomura, Kantar, Neo Group, Rebel Foods, Sun Pharma, CRISIL, CITI, Federal Bank and others visit the campus for placements. Moreover, alumni also play an integral role in grooming incoming students which gives them the ability to make decisions in critical situations. During the final placement drive of 2023, most of the offers were made from the BFSI sector. The overall placement highlights are mentioned below: 

Particulars Placement Statistics (2023)
Number of Recruiters Participated 300+
New Recruiters 46
HIghest CTC (Finance) INR 25.5 LPA
HIghest CTC (Marketing) INR 22 LPA
HIghest CTC (HR) INR 17 LPA
Average CTC (Finance) INR 9.76 LPA
Average CTC (Marketing) INR 9.24 LPA
Average CTC (HR) INR 8.58 LPA
Average CTC of Top 10% Students INR 14.35 LPA
Average CTC of Top 25% Students INR 12.30 LPA
Average CTC of Top 50% Students INR 11.08 LPA
Average CTC of Top 75% Students INR 10.28 LPA
Top Sector Financial Services

Top Recruiters

HDFC Zomato L&T
Crisil J.P.Morgan UTI Mutual Funds
KPMG PWC HUL

Also check N. L. Dalmia Placements 

N. L. Dalmia Scholarships

The institute provides scholarships to the students on the basis of merit. Mentioned below are the eligibility criteria and scholarships details for the scholarships provided by the institute:

A. Criteria for Scholarship for First Year students:
Candidate should have secured admission to the PGDM / PGDM (FM) program
Candidate should be in Top 10 students in the final admission list
Candidates having fulfilled conditions 1&2 above and having the following CAT/XAT/CMAT/MH-CET percentiles will have the respective percentage of Scholarships offered for First Year PGDM/PGDM(FM)

Percentage of Scholarship CAT/XAT Percentile CMAT Percentile MH-CET percentile
75% 98.00 and above 99.00 and above 99.5 and above
50% 95-97.99 97-98.99 98-99.49
25% 92-94.99 96-96.99 97-97.99

B. Criteria for Scholarship for Second Year students:
Scholarship for second year students will be conferred to the 10 Toppers of First year in combined merit list (Trimester I, II&III) of all students of PGDM/PGDM(FM) as per the average CGPA of all Trimesters taken together with the minimum combined average CGPA of 9.8 will get 25% scholarship.

N. L. Dalmia Facilities

N. L. Dalmia offers facilities like Comp Labs, Sports, Gym, Medical / Counselling, Cafeteria, Library, Auditorium, Hostel, Laboratory to the students. The following are the details of some of the facilities offered by the N. L. Dalmia Institute of Management Studies and Research:

  • Bloomberg Lab: The Institute has Mumbai’s first Bloomberg Finance Lab that offers the students a high-end knowledge program with practical learning.
  • Auditorium: A state-of-the-art auditorium has been designed with quality equipment. It can accommodate a large number of audiences.
  • Library: The NLDIMSR Library as a Learning Resource Centre (LRC) - is well equipped to support Teaching, Learning and Research activities. Institute’s state-of-the-art Library is well-furnished with a Centrally air-conditioned facility spread over 444 sq. mts area in the campus on two floors with a seating capacity of 200. NLDIMSR Library has a very rich collection of National and International books, journals, periodicals and other study material. NLDIMSR library has over 55000 volumes of books, Institute subscribed 60 plus Journals and periodicals, the library has a good collection of AV materials
  • Computer Center: N. L. Dalmia Institute Computer Center is equipped with over 120Lenovo PCs- all connected via LAN with two servers. N. L. Dalmia is one of the few management Institutes possessing licensed software in the computer center which includes MS windows 10 and 11, MS office product, SPSS, R and Rstudio, public tableau MSDN Library. The Institute also has business database & data analytics software tools. The institute also provides Laptops powered by CISCO Wi-Fi to students for enhancing their learning and development.
  • Digital Library: The Institute's ultra-modern Digital Library is equipped with 15 LBM Computers, all connected in a LAN with seamless CISCO WI-FI connectivity.A remote access facility is provided to students to access subscribed Databases from Campus, home or anywhere, ensuring continuous and uninterrupted learning. NLDIMSR Library is fully automated with ILMS - Koha library software and an RFID system. Uploaded scanned documents like Syllabus, Past years Q. papers, PDF books, faculty and students published research work etc. in DSpace Institutional Repository.NLDIMSR Library subscribed to online books, journals, cases and Industry databases like: EBSCO, J-Gate, Proquest, capitaline etc.

N. L. Dalmia Campus Life and Events

  • MSR - MY social responsibility- A social initiative started by the 2011 batch students of NLDIMSR, it endeavours to provide an opportunity to students at the Institute not only to express their concern for the needy and the underprivileged sections of society. The ‘Sparssh’ Team conducted blood donation camps, participated in Mumbai Marathon to raise environmental awareness, provided educational kits to needy children, and organized Christmas & New Year get-togethers in various orphanages.  In 2017 the Institute under its MSR program adopted Kondgaon, a 100% tribal village in Palghar district for its all-round development. Students visit the village to work closely with the villagers, especially the children of Zilla Parishad Schools and the Ashram Shala and engage them for a better tomorrow. The activities at Kondgaon are divided into the verticals of Education, Hygiene & Healthcare, and Skill Development & Environment.
  • Finance Forum-  An executive body managed by student representatives of the finance stream, this forum aims to transform the students’ academic skills into an industry fit by providing insights on job-specific finesse. The forum has its flagship event Mulyankan, a national level paper presentation competition.
  • HR Club- The HR Club has also done some mindfulness-related activities, the objective of conducting such activities is to promote the ability to pay attention with kindness and curiosity and It will help students to understand how to pay attention and enhance both academics, and social-emotional learning.

N. L. Dalmia Faculty

The faculty team at N. L. Dalmia consists of dedicated professionals who have the right mix of industry experience in various sectors of business and rigor for academic excellence. The faculty work in close association with the industry and the government on consulting assignments. All faculty members are up to date with the latest developments in the business arena and implement various value-added programs and courses in line with today’s ever-changing business environment.

Know more: N. L. Dalmia Faculty

N. L. Dalmia Prominent Alumni

  • Mr. Himanshu Singhal - Executive Vice President, Treasury Sales, Kotak Mahindra Bank Limited
  • Ms. Munmun Desai - Deputy Managing Director Institutional Sales, Batlivala And Karani Securities
  • Ms. Nandini Pai - Lead Campus Relations & Employer Branding - HR Edelweiss Finance & Investments Limited
  • Ms. Shweta Tiwari - Business Director - McCann World Group
  • Ms. Ankita Mishra - HR Business Partner, Amazon Development Centre India Ltd
  • Mr. Gaurav Jain, Sr. Group Vice President, Institutional Equities at Motilal Oswal Financial Services Ltd India

N. L. Dalmia FAQs

Ques. What is Selection Criteria at N. L. Dalmia?

Ans. The PGDM admission at N. L. Dalmia adopts an holistic approach and not just based on Test Scores only. Candidates are evaluated based on the following criteria :

  1. Entrance Exam score (Any one of 7 aptitude tests accepted (CAT/XAT/CMAT/MH-CET/GMAT/MAT/ATMA). You can upload scores for more than one if available.
  2. Personal Interview
  3. Group Discussion
  4. Past Academic Record (10th, 12th and Graduation)
  5. Work Experience (if any)
  6. Extra-Curricular (Sports/Art)(if any)

Ques. How will the GD-PI process be conducted at N. L. Dalmia?

Ans. The GD-PI process at N. L. Dalmia will be conducted in person i.e. F2F.

Ques. What is the seat intake for PGDM course at N. L. Dalmia?

Ans. At N. L. Dalmia, PGDM is offered in 3 different specializations and the seat intake for each specialization is mentioned below:

  • PGDM (with specialization in Finance/Mktg/HR):  240 seats
  • PGDM in Finance: 120 seats
  • PGDM in Business Analytics: 60 seats

Ques. What is the weightage of each selection criteria at N. L. Dalmia?

Ans. The weightage for each selection criteria is listed below:

Selection Criteria Weightage
Entrance Exam score  40%
Personal Interview  20%
Group Discussion  15%
Past Academic Record (10th, 12th, Graduation/Post Graduation)  15%
Work Experience  5%
Extra-Curricular (Sports/Art)  5%

Ques. How can I contact the institute, in case of any queries?

Ans. As mentioned, kindly call 6389-222-555 for all admission related queries between 11 am to 6 pm. In case you want to know more about the institute, either visit www.nldalmia.in or WhatsApp:
Ms. Shweta at 9820652277 between 10 am to 5 pm, Monday to Friday
Ms. Sushma Mondhe (For Business Analytics): 9820953132, between 10 am to 5 pm, Mon to Fri.

Or email at: admissions@nldalmia.in

Ques. What is the minimum payment of fees required to secure my seat at N. L. Dalmia?

Ans. Once selected, the candidate can secure the seat by paying the partial 1st year fee amount as a 1st instalment of INR 2,70,000. In case of queries, the candidate may write to the Director of the Institute .
Note: No part payment below INR 1,00,000 will be accepted.

Ques. At N. L. Dalmia, is it compulsory for the outstation candidates to stay at Hostel?

Ans. No. It is not compulsory for the outstation candidates to stay at Hostel provided by the college. However, hostels are available off-campus. N. L. Dalmia facilitates flats on rent near the campus for outstation students or students staying far-off in Mumbai. For details regarding Hostel facility the applicant can contact: Mr. Kadam at 9820729966 or Ms. Prachi: 6389-222-555

Ques. Is there a Cut-off wrt the aptitude entrance exam test scores at N. L. Dalmia?

Ans. The selection of an applicant is based on the overall profile. Every applicant will get an opportunity to participate in the GD-PI process regardless of his/her aptitude test score.

Ques. What is the application form fee at N. L. Dalmia?

Ans. The application form fee is INR 2,000/- (Rupees Two Thousand Only) for any one specialization. For every additional specialization, INR 1,000/- (Rupees One Thousand Only) extra. The application form fee is non-refundable.

Ques. What is the fee structure of the PGDM program at N. L. Dalmia?

Ans. The fee structure for the PGDM Batch 2024 - 26 is INR 8.10 Lakhs in the 1st year & INR 8.10 Lakhs in the 2nd year. The selected applicant has an option to pay in 3 easy instalments. The instalment scheme shall be
mentioned in the offer letter.

Ques. Does N. L. Dalmia have tie up with banks for education loans ?

Ans. Apart from payment in instalments, the Institute has tied up with IDFC First Bank, ICICI Bank, Axis Bank, for Education Loan facilities. For details regarding education loans the applicant can approach the Accounts Office of NLDIMSR at +91 99677 42900.


N. L. Dalmia Popular Courses

Full Time Courses

Top Courses
1st Year FeesTotal FeesEligibilityRankingApplication Dates
PGDM (Finance)

+2 More PGDM Courses 

₹8.1 Lakhs₹16.2 LakhsGraduation with 50%76 out of 100 by NIRF View More31 Jan 2024

Top Courses, Fees & Eligibility

Select degree :
PGDMGMBAPh.D
Select stream :
Management

1st Yr Fees

8,10,000
Duration2 Year(s)
Exams acceptedSee All
Application Date31 Jan 2024
EligibilityGraduation with 50%
Cut off-Ranking# 76 by NIRF
Duration2 Year(s)
Exams acceptedSee All
Application Date31 Jan 2024
EligibilityGraduation with 55%
Cut off-Ranking# 76 by NIRF
Duration3 Year(s)
Exams accepted
No Exams Found

Application Date-
EligibilityPost Gradaution
Cut off-Ranking# 76 by NIRF

College Faculty

Basic Information About Faculty

Prof. Dr. Joyeeta Chatterjee

Dean Academics, Professor & HOD - Marketing


Prof. Dr. Jyoti Nair

Professor & HOD - Finance


Dr. Vaishali Kulkarni

Associate Professor & Head - Accreditations, HOD - General Management


Dr. Chandrakant Varma

Associate Professor & HOD - Human Resources


Mr. Amul Desai

Program Head - Business Analytics


Dr. R.K. Shrivastava

Professor Emeritus


Dr. A. Attarwala

Professor Emeritus

Mr. Sachin Khandelwal

Professor of Practice

Prof. Dr. Mangesh Kasbekar

Professor & Chairman (Admission Committee), Program Head - Global MBA


College Facilities

Basic Information About Facilities

Classrooms
Comp Labs
Laboratory
Hostel
Medical
Security
Library
Auditorium
Cafeteria
Sports
Gym
Banks

Placement

Find Placement Details about N. L. Dalmia Institute of Management Studies and Research - [NLDIMSR] here.

companyCiticorp Finance India Ltd.
companyIdea Cellular
companyJohnson & Johnson

College Ranking

Ranking of N. L. Dalmia Institute of Management Studies and Research - [NLDIMSR]


Contact details & location

Get contact details of N. L. Dalmia Institute of Management Studies and Research - [NLDIMSR]

Srishti, Sector 1, Mira Road (East), Mumbai Metropolitan Region India - 401107
Get Email ContactGet SMS Contact


Ask your question


Answered Questions

N. L. Dalmia Institute of Management Studies and Research - [NLDIMSR]: 7 answered questions

TJ

Tanisha Jain

27 May 22

NL Dalmia placements are good for MBA in Finance. During 2022 placements Finance was the top sector recruiting students. Students received an average CTC of INR 6.5 LPA. The highest CTC offered in this sector goes up to INR 13 LPA. Some of the major recruiters from the Finance sector are Crisil, HDFC, Amul, City Bank, etc. 

...Show More

TJ

Tanisha Jain

20 Apr 23

 If you are looking for a top-notch college for finance, NL Dalmia Institute (New Learning Dimensions) can be a great option for you. Here are some reasons why:

  • Highly qualified faculty: The faculty at NLD is highly qualified and experienced, with many of them coming from top institutes such as IIM (Indian Institute of Management). For instance, Naveen Bhatia is from IIM and is a highly recognized personality in the industry.
  • Comprehensive curriculum: The curriculum for finance at NLD is designed to provide you with an in-depth understanding of the subject. If you compare it with the curricula of other top colleges, you will see that NLD's curriculum is at par or even better. Even reputed colleges like Welingkar do not have such a comprehensive curriculum.
  • Two-year program: The finance program at NLD is a two-year program, which means that you will have enough time to learn and understand the subject thoroughly. Over the course of two years, you will be groomed with in-depth finance knowledge, which will be invaluable in your corporate career building.
  • Career prospects: After completing the finance program at NLD, you will have excellent career prospects. You will be equipped with the knowledge and skills needed to succeed in the finance industry. The college has a good placement record, with many students getting placed in reputed organizations.

In conclusion, NLD can be an excellent choice for you if you are looking for a college for finance. The highly qualified faculty, comprehensive curriculum, two-year program, and excellent career prospects make NLD one of the finest colleges for finance.

...Show More

SD

Sumanta Dasgupta

24 Jun 21

From your question, it seems as though you are trying to figure out two things, i.e.

  1. Whether to go for an MBA degree?
  2. If MBA, then what among NL Dalmia or PUMBA?

I would be answering both of your questions individually. As far as your first question is concerned, try and ask yourself why do you want to go for an MBA:

  • Are you genuinely interested in pursuing an MBA degree or are you taking inspiration from your friends?
  • Are you pursuing an MBA degree because your friends and relatives have compelled you?
  • Do you not have anything better to do?

If you think you can do justice to another 2 years of life, then go for it.

Assuming you have understood why you are going for an MBA degree, let me address your second question.

You should do some prior research by checking and comparing how the placement statistics of both the colleges look like. If you want to go for MBA Finance, I've heard good things about Dalmia from my friends.

My brother attended PUMBA and based on his experience, I will say it is a great management school. Here are some points about PUMBA.

  • Internship: Here you would have 2 internship opportunities for 5 months, unlike any other college. You can choose incubation projects too.
  • Fees: The affordable fee is one of the things that sets this B-School apart from others. For the General category, it is almost Rs. 65,000 for an entire year.
  • Exposure: For any extra or co-curricular activities, you will get a whole lot of exposure. Plus, it would be even better if you get to work for a particular cell- alumni, cultural or placement, etc.
  • Faculty: The faculty base is great.
  • Placement: There exist no 100% placement records, frankly. If you are capable, you would get a good package. A bonus would be a good academic background. Here are the recent placement highlights.

Average CTC

6.43 LPA

Highest CTC

16 LPA

No of recruiters

100+

Major recruiters

HDFC Bank, Infosys, Tata Capital, etc.

  • Timing: The schedule is not tight, therefore, you can consider picking up a hobby and perfecting it.

Honestly, there isn't anything bad that I can think of for PUMBA. You can definitely give this institute a shot.

...Show More

AR

Akash Roychowdhury

08 Jun 21

Before joining any college it's better to perform some research on it. The foremost thing is you need to know all the placement details from alumni or the students who are currently studying in that college. Don’t choose a college based only on their advertisement.

Dalmia NL, SIES (MMS), and Welingker(PGDM) all these colleges are well-reputed institutions in Mumbai for management studies. I have friends pursuing their studies at these colleges. Based on what I heard, I will say N L Dalmia is the best college among these three. It has better placement records, ranking, and reputation.

  • For Finance specialization, N L Dalmia has a limited student intake, i.e. 60 seats.
  • Additionally, the institute has Mumbai's first Bloomberg Finance Lab.
  • It has a placement average of 100%. The average package for placement in the finance stream is around 6.5 lacs, while the highest package offered is above 13 lacs.

So, N L Dalmia is definitely a better choice. But before making a decision, do your own research first.

...Show More

JP

Jaya Panigrahi

23 Jun 21

I have friends at both institutes. In fact, they were a big help in regards to answering this question. Here is some of the information I got from them.

NL Dalmia is generally well known for its MMS Finance branch. Among NL Dalmia and PUMBA, the former should be better for an MMS. Here’s why.

  • The faculty of NL Dalmia is great.
  • The campus and the library of the institute are quite amazing. There’s a big auditorium on campus.
  • It is the only college in Mumbai to have Bloomberg terminals.
  • Other than the Bloomberg lab there are two computer labs.

Here are the latest placement highlights of both institutes. Take a look.

Institute

N.L Dalmia (Mumbai)

PUMBA (Pune)

Average CTC

INR. 9 LPA

INR. 6.43 LPA

Highest CTC

INR. 24 LPA

INR. 16.5 LPA

Top Recruiting Companies

BCCL, Citi, Crisil, Deloitte, Bank of America, Asian Paints

Aspect Ratio, AutoNinja, Bajaj Allianz, Bajaj Finserv, A1 Fence

Put simply, N.L Dalmia is basically well known for its program of MBA Finance, while PUMBA is typically well reputed for various IT companies visiting the campus for placement offers. So, choose wisely.

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AJ

Advait Joshi

18 Apr 23

For Finance, PUMBA is superior because it is a college that its students entirely drive to. Students here bring the businesses to campus themselves and plan and run all of the events. Thus, students receive training in prospecting, public relations management, and other related skills. Additionally, IIM A faculty members teach financial management courses at PUMBA.

The average package for PUMBA and SIES is nearly identical and ranges between 7.5 and 8 lakh.

When it comes to fees, PUMBA costs 1.3 lakhs for two years. SIES costs more than five lakhs in fees. Regarding lodging, PUMBA offers hostel services for just Rs.4500 annually. SIES doesn't have a hostel of its own.

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AJ

Advait Joshi

18 Apr 23

NL Dalmia has a specific focus on finance, which makes it a good option for candidates looking to specialize in finance. On the other hand, PUMBA offers a more general management education with a focus on practical learning and industry exposure.

BIMTECH, Greater Noida offers a good curriculum with a focus on innovation and entrepreneurship. The institute has a strong industry connection and offers a variety of electives to choose from. However, its ranking is lower than NL Dalmia and PUMBA. 

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