Which college should I choose: IIM Raipur or NMIMS Mumbai? (For Operations/Finance)
Posted On - Oct 5, 2020NMIMS Mumbai is the better option among these. It is especially good for Finance.
- Mumbai houses many top MNCs in the country. So, you will get excellent exposure.
- Diverse pool of recruiters visits the NMIMS placement drive each year. During the 2022 placement drive, students received an average CTC of around INR 23.07 LPA. While the highest CTC offered was INR 57.65 LPA. 32% of the placement offers were from the Finance domain.
- NMIMS brand name is well-reputed in the industry.
These are some of the advantages of joining NMIMS Mumbai.
NMIMS and IIM Raipur are excellent options for postgraduate studies in Management with Finance as the major. Students can compare a number of parameters like placements, course curriculum, eligibility, and fee structure in order to make a choice between the two. The following points highlight these aspects of admission at both colleges:
Fee structure and eligibility:
The following table highlights the fee structure and program eligibility at both colleges.
|
College |
Fee Structure (first-year fees) |
Eligibility |
|
NMIMS Mumbai |
INR 9.25 lakhs |
Graduation with 50% and NMAT |
|
IIM Raipur |
INR 86,000 (full course fee) |
Graduation with 50% with or without work experience |
Course Curriculum:
NMIMS Mumbai:
- The PGDBM program in Financial Management at NMIMS is a distance learning online program.
- This a two-year program focusing on financial strategies, risk assessment and capital investment.
- Moreover, it also accounts for financial analysis, cost accounting, management accounting a well as understanding the principle and concepts of finance.
- Students will learn how to budget strategies based on capital structure, cost of capital, asset valuation and corporate financing.
IIM Raipur:
- This on-campus two-year PGP program includes a summer internship as well as subjects of marketing, finance, quantitative methods, operations, and behavioral sciences.
- In the second year, students can choose from a variety of electives including finance, strategy, and general management.
- Additionally, stress is laid on industry and research-based projects on topics of management.
- Some of the main focus subjects in this course include financial accounting, financial management, macroeconomics, etc.
Placements:
NMIMS Mumbai:
- The institute has partnered with a number of MNCs, corporations like Michelin, RBS, Tata, Vivo, Aviva, etc.
- Most students go on to become accounts and finance managers, analysts, financial planners, and auditors.
- Students are also provided with career services that help them look for jobs.
IIM Raipur:
- About 20% of the total placements offered at IIM Raipur were made to students from Financial management.
- The average CTC offered was INR 16.15 lakhs per annum with the highest offer at INR 24 lakhs per annum.
- Some of the recruiters at the institute included HDFC Bank, ICICI Bank, Motilal Oswal group, etc.
Placement wise IIM Raipur is better as students are recruited directly from the institute however, fee-wise, NMIMS is much more economical.
