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IMI New DelhiBFS

How good is the IMI Delhi BFS course?

Posted On - Oct 27, 2020
Asked byMeghdeepa Mondal
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2 Answers
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Answered by Posted On - Mar 15, 2023
Nirmala Gupta

If you are considering a career in finance, the BFS (Banking and Financial Services) course might be the right fit for you. It is a specialized course that focuses primarily on finance-related subjects, and it can give you a significant advantage in front of companies looking to hire for roles like Relationship Managers, Auditors, and Consultants.

On the other hand, the PGDM Finance course offers more flexibility as it allows you to combine your finance major with another major in marketing or operations, or even two or three minors. This can be beneficial if you are a fresher or if you are not entirely sure about what subjects are best for you. In the first year of the program, you will have the opportunity to explore all the available options before deciding on your area of specialization.

If you are confident about your interest in finance, then the BFS course can be an excellent choice. However, keep in mind that it might limit your exposure to other subjects and industries. If companies are looking for candidates with open-ended roles, they might not consider BFS students who are solely trained in finance. In contrast, PGDM Finance students who have combined their finance major with other subjects can provide a broader skill set that is more attractive to such companies.

BFS students have a smaller batch strength compared to PGDM Finance students, which can be an advantage in terms of early placements. However, it is essential to note that placements ultimately depend on the student's caliber and performance, regardless of their course or batch. It is also worth noting that BFS students might have fewer options in terms of recruiting companies compared to students in marketing and finance.

In conclusion, it is crucial to weigh the pros and cons of both courses and decide based on your interests, career goals, and research. Both courses have their unique advantages and disadvantages, and ultimately, your performance in the course will matter more than which one you choose.

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DP
Answered by Posted On - Oct 27, 2020
Divya Pratap

The BFS course at IMI Delhi is a core finance program. Students seeking to get employment as Auditors, Consultants or RMs can go for this program. Students get an option to choose the majors they would like to study. As compared to PGDM Finance students, PGDM BFS students get placed early because of the small batch strength of 60 students.

The table below shows its particular features:

Parameters

Manipal University Jaipur Architecture Program

Total seats

60

Institute Ranking

28 by NIRF

Accredited by

AICTE

 

AMBA

Duration (years)

2

Total Faculty

8

Total Fee

INR 2.99-3.21 LPA

Average package 

INR 12.53 LPA

Admission: 

  • Students seeking admission to this program will be selected on merit. 
  • 50% or above aggregate is needed in graduation with the qualification of either CAT or GMAT entrance exam.

Furthermore, students will be called for individual assessment through essay writing and personal interview.

Special Facts

  • Students will be assigned an interview centre at any of the 11 locations including Ahmedabad, Hyderabad and Chandigarh.
  • The program is interspersed over six trimesters with compulsory courses in Marketing, Finance, HR etc, and electives based only on Banking and Finance Services from the second year onwards.
  • Students, on completing their 1st year will have to mandatorily participate in the 8 weeks Summer Internship Program (SIP). This is facilitated under a company executive and a faculty advisor.

Faculty and Institute Infrastructure

  • Students get to work with a specially assigned Faculty Advisor, apart from being under the mentorship of the 8 faculty members with PhDs.
  • IMI Delhi has spacious centrally air-conditioned lecture halls, a WML Library, an RPG Auditorium, Faculty Chambers and The Tata Chemicals Computer Centre with IBM and HP servers.

Placement Facts

  • The BFS course at IMI Delhi saw 100% placement in 2019. 50 of its students got placed with names like ICICI Bank, Deloitte, Evalueserve, and DCM Shriram through on-campus placements.
  • The highest CTC offered to BFS students was INR 17 LPA. The average payment was 12.53 LPA and the lowest was 11.76 LPA.
  • The top 10% students of the batch received a median payment of 16.8 LPA, followed by the top 20% receiving 15.69 LPA.
  • The BFS program also saw a 25% increase in its highest package.
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