Which is better, IMI Delhi BF&S or Great Lakes Chennai PGDM, considering I have no particular inclination towards finance but IMI is the bigger brand?
Posted On - Nov 2, 2020If you have the option of dropping a year and preparing for CAT, XAT, or other entrance exams, it may be worth considering. You can use the extra time to study and improve your scores, which could lead to better opportunities in the future.
However, if you have decided to pursue an MBA this year, there are several factors to consider before choosing between IMI and GLIM. You should look at the return on investment (ROI), fees, faculty, location, and placement records of both institutions to determine which one is a better fit for you.
It is important to note that neither the Business Forensic & Fraud Management (BF&S) program at IMI nor the Post Graduate Diploma in Management (PGDM) program at GLIM are the flagship programs of their respective institutions. You may want to research the other programs offered by each school to see if they align with your career goals.
Personally, I would recommend GLIM over IMI. However, you should make your decision based on your own research and preferences, taking into account factors such as the curriculum, faculty, industry connections, and career prospects. It is important to choose a program that aligns with your career aspirations and provides the best value for your investment in terms of education, skills, and networking opportunities.
IMI Delhi had a rank of 28 in the management category in NIRF 2020 and Great Lakes Chennai had a NIRF rank of 23 in the management category. Both are reputed institutes for management in India,
Admission:
To be eligible for admission, graduates are expected to have passed with a minimum of 50% along with their CAT score.
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At IMI Delhi, for the PGDM course, the fees are Rs. 18.29 lakhs.
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At Great Lakes Chennai, the total fees for the PGDM program are Rs. 11.91 Lakhs.
For both IMI Delhi and Great Lakes Chennai, the cutoff for CAT in the year 2019 was 90.
Academics:
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The PGDM B&FS course at IMI Delhi aims to impart holistically, managerial competency skills with technical expertise in the Banking and Financial Services industry.
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The PGDM course at Great Lakes Chennai offers 5 specializations namely; finance, marketing, HRM, operations management, and strategy management.
Placements:
IMI Delhi:
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At IMI Delhi, the BFSI sector was the largest recruiter with 29% of the total offers.
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Over 86 recruiters were part of the placement process.
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In IMI Delhi, summer internships saw the highest stipend of Rs. 2 LPA and an average stipend of Rs. 60,486, from top recruiters like HSBC, Capgemini, BMW, Deloitte, EY, etc.
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IMI Delhi’s Alumni network includes alumni from companies like Infosys, Ey, Deloitte, Genpact, Wipro, etc.
Great Lakes:
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For the Great Lakes PGDM course, the BFSI sector was the largest recruiter with 44.1% of the total offers.
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In Great Lakes Chennai, summer internships saw the highest stipend of Rs. 2.4 Lakhs from Microsoft and an average stipend of Rs. 27,000, from top recruiters like Amazon, ITC, Mckinsey, Britannia, etc.
For the year 2020, the placement statistics at the institutes were as follows.
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Aspect |
IMI Delhi |
Great Lakes Chennai |
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Major recruiters |
American Express, Axis Bank, CRISIL, Goldman Sachs, HDFC, HSBC. |
Accenture Strategy & Technology, HCL, Deloitte, US & India, ZS Associates, Barclays, CRISIL. |
|
Highest CTC |
Rs. 22 LPA |
Rs. 28.6 LPA |
|
Average CTC |
Rs. 13.07 LPA |
Rs. 10.14 LPA |
Extra-curricular:
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IMI Delhi has various academic and co-curricular committees like InVista, Enthral, The Last Word, etc.
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Great Lakes Chennai conducts annual events like SWIM, The Great Circle, Paypal & Great Lakes program, etc.
Which is the better option, needs to be assessed by comparing the above facts and your perception of the college brand along with the ROI which is on an average 71% for IMI Delhi and 85% for Great Lakes Chennai.
