It is important to note that when it comes to placements in tier 3 B-schools, the job profiles offered are generally similar, with a focus on sales. However, the location of the B-school can have a significant impact on the placement opportunities available to students.
In cities where there are multiple B-schools located, such as Bangalore, Hyderabad, and Mumbai, competition between schools can be high, which affects the placements available to students. In contrast, schools located in cities without significant competition, such as IMI Kolkata and IMI Bhubaneshwar, may provide more reliable and decent placement opportunities.
Both the colleges are moderate and have no feature that makes them stand out from the other. IFIM Bangalore is a bit overestimated but has been able to make a mark in the Finance sector.
IBS Hyderabad on the other hand is a brand name and has been there for decades. It attracts over 1000 students every year making it one of the most coveted B Schools of the country.
The best way to find out which is a better choice is through comparing the high fees with the average package and concluding the estimated ROI.
Fees
IFIM Bangalore - ?4.65 Lakhs (1st Year Fees)
IBS Hyderabad-INR 16.02 MBA Program
Average Salary
IFIM Bangalore - INR 7.5 LPA
IBS Hyderabad - INR 11.70 LP
Other top tier colleges include
ASB is a rather good choice in terms of ROI.
My cousin is from IFIM and it's an excellent Institute, not because of its rank or reputation but several other factors as well.
The overall standard at IFIM is excellent. The crowd, professors, fests, workshops, places to hang out - all combine to give you an explosion of opportunities.
IFIM and Jaipuria Institute Lucknow both are highly preferred options when it comes to management studies. Given below is a comparison between the two institutes based on different parameters.
Criteria |
IFIM |
Jaipuria Institute of Management |
Total Fees |
INR 16 lakhs |
INR 10.25 Lakhs |
Average Package |
INR 7.5 LPA |
INR 6.7 LPA |
Highest Package |
INR 19.5 LPA |
INR 18 LPA |
Top Recruiters |
Nestle, FedEx, Deloitte, Tommy Hilfiger, Moody’s, Wipro, |
Amazon, ITC, Asian Paints, Landmark, E&Y, Mahindra & Mahindra |
Sectors |
Advertising, IT, Consulting, NBFC, Service, E-commerce, Manufacturing |
Financial Services, Banking, and FMCG |
No. of companies visiting |
177 |
95+ |
Apart from fees and placement, the few aspects that need to be considered are discussed below.
The preference should be IFIM as it is ahead in academics, placements, and providing the industrial experience. But the choice should be yours depending on the field you are interested in. Jaipuria can be a better choice for students who want to pursue a career in financial services or the banking sector.