What is the best option among: TAPMI, IFMR, Great Lakes Gurgaon 1 year PGPM?
Posted On - Apr 22, 2021Remember that the quality of education should be consistent across all institutions. Keep in mind that the MBA program emphasizes teamwork and a unique approach to learning that may differ from traditional education.
- Consider the financial aspect of pursuing an MBA, as the return on investment (ROI) is crucial. If you plan to take out a loan to finance your education, keep in mind that a significant portion of your salary may go toward paying off your debt. Additionally, the average salary package may include variable pay, meaning you may receive less money than expected.
- Think about the turnaround time for completing your degree. Some institutions, such as GLIM, offer a one-year PGPM course, which means you can start earning and paying bills sooner than those who opt for a longer program. This can also give you a head start in terms of gaining work experience and building your bank balance.
- Consider the brand value of the institution you choose to attend. While brand value is important, particularly when seeking employment, it may not hold as much weight in the long term. Ultimately, your achievements and experience will be more important than where you earned your degree.
In the end, it's up to you to determine the best approach for your career. Keep in mind that the right balance of ROI, turnaround time, and brand value will depend on your personal circumstances. For example, if you have the financial means, ROI may not be a priority, while if you're just starting out, turnaround time may be more important than brand value.
All the colleges are counted among established and well-known colleges. So, choosing the best among all is not that easy. Great Lakes PGPM is a one-year program that accepts experienced people while IFMR and TAPMI are two years programs with a majority of students who are freshers or those with relatively low experience.
Assuming that you are an experienced candidate with 3-4 years of experience, the 1-year PGPM at Great Lakes Gurgaon makes sense for the following reasons:
Duration: The main advantage of a one-year program is that you get back into the industry in a short time of a year.
ROI:
- Among the three, the Great Lakes, Gurgaon PGPM has the highest salary.
- The one-year MBA has the advantage that you will start earning early. And you will get an annual increment and experience giving you a boost.
Peer: The class profiles would be different with the PGPM having experienced people while the two-year programs have mixed groups skewed towards freshers.
Let’s take a quick look at placements of all institutes:
|
Particulars |
TAPMI |
GREAT LAKES |
IFMR |
|
NIRF Ranking |
27 |
23 |
47 |
|
Fees |
15 Lakhs |
11.76 Lacs |
13.86 Lacs |
|
Recruiters |
Deloitte, Grant Thornton, HDFC, ICICI, and many. |
Cognizant, Deloitte, KPMG etc |
EY, HSBC, Societe General, JPMC, Deloitte, etc |
|
Highest Package |
INR 25 LPA |
INR 17.02 LPA |
INR 13.6 LPA |
With the data above, it is suggested to choose a two-year MBA if it is from a top B-school with significantly better placements or opt for a slower-paced program to cope up.
The faculty are really awesome at Great Lakes Gurgaon. While location-wise, TAPMI is really beautiful as compared to IFMR and GLIM. But, TAPMI being far from metro city hampers placements a bit. Whereas, GLIM and IFMR have IT sector plus points thus making internships and placement easy.
