Which college is better: NMIMS or SP Jain or new IIMs?
Posted On - Jul 9, 2021For the given options, your preference order should be SP Jain>NMIMS>New IIMs. SP Jain and NMIMS offer good ROI and placements. During the 2022 placement drive, students of SP Jain received an average CTC of INR 32 LPA. NMIMS Mumbai 2022 placements ended with an average CTC of INR 23 LPA.
These two also have a locational advantage.
NMIMS and SP Jain offer similar ROI. But SP Jain has a slightly better brand name compared to NMIMS. New IIMs are yet to make a brand name in the industry. Only IIM Raipur, and Rachi have managed to gain some kind of reputation in the industry.
- The average CTC offered at SP Jain and NMIMS is 18-19 LPA. While the average CTC offered in the new IITs is somewhat around 16 LPA.
- SP Jain and NMIMS have a locational advantage. Since Mumbai houses most of the industry giants in the country. You will have better exposure and placement opportunities.
- Between SP Jain and NMIMS, the former has a better student crowd. As they take admission based on CAT and XAT scores.
So, among the given choices, SP Jain is the best.
Among all the given choices, SP Jain is definitely the best choice for an MBA, considering almost all relevant factors like exposure, placement, etc. The points below state the major key highlights of all the institutes.
- IIM Vizag is the fastest growing among all, and so considered the best among them.
- On the other hand, NMIMS is better than all baby IIMs and IITs.
- At last, SP Jain is better than NMIMS, and so it is the best choice among all these.
- Both SP Jain and NMIMS are situated in Mumbai, which is the financial capital of India. It provides huge industrial and corporate exposure in both institutes.
- NMIMS has a batch of about 500 students whereas SP Jain Mumbai has a batch strength of about 320 students.
- Being a high-profile-based institute, SP Jain accepts CAT and XAT scores. There are students with CAT or XAT scores as low as 85 percentile but have got an entry into SP Jain due to an excellent profile.
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Categories |
SP Jain Institute of Management and Research |
|
Course Fee |
17.5 lakh |
|
Highest CTC |
35 LPA |
|
Average CTC |
15 LPA |
|
Recruiting Companies |
Amazon, Asian Paints, KPMG, ITC, etc. |
So, SP Jain is clearly the best choice among all, considering all relevant factors like campus life, batch size, location advantage, and placement.
