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Which one is better, IIM Bangalore or SP Jain?
IIM Bangalore and SP Jain Institute of Management and Research (SPJIMR) are both well-known B-schools in India. Both have a strong reputation for academic quality and relevance to the business world. Which one is "better" relies on things like personal preferences, career goals, and each person's situation.
IIM Bangalore is one of the best business schools in India and one of the best IIMs in terms of study and academic rigor. It has a good reputation for turning out great managers and leaders, and employers are eager to hire its graduates.
On the other hand, SPJIMR is known for its innovative and cutting-edge curriculum, which combines standard management education with real-world experience. The b school puts a lot of emphasis on innovation and entrepreneurship, and its graduates are well-prepared to start and run their own businesses.
When it comes to placements, recruiters from a wide range of fields, such as consulting, finance, and marketing, have always shown a lot of interest in both schools. The average salary package at both schools is usually between 25 and 35 lakhs per year, but the best students often get offers that are much higher.
|
Parameter |
SP Jain |
IIM Bangalore |
|
Ranking |
4th by NIRF |
2nd by NIRF |
|
Type of Institution |
Private |
Public |
|
Campus Location |
Mumbai,Delhi |
Bangalore |
|
Selection Criteria |
CAT/XAT/GMAT, followed by GD and PI |
CAT/GMAT, followed by WAT and PI |
|
Average Placement Package |
33.02 LPA |
28.98 LPA |
|
Highest Package |
77.8 LPA |
31.20 LPA |
|
Median Package |
32.89 LPA |
28.60 LPA |
|
Fees |
20.42 Lakhs |
24.70 Lakhs |
In conclusion, both IIM Bangalore and SPJIMR are highly regarded schools that give students and professionals great chances to learn and grow.
How would you compare MBA offers in Europe vs those in India? Which will be a better option in terms of career progression? Consider INSEAD vs IIM-Bangalore / EDHEC vs SPJIMR etc.
When comparing MBA offers in Europe and India, you should consider the business school’s repute, international exposure, professional advancement, cost, and location. INSEAD is a top-10 business school with unrivaled international exposure. It is far more esteemed than the IIMs and should be the first MBA choice if cost and living expenses are not an issue.
However, it is generally advisable to study for an MBA in the place where one wants to work or settle. If someone wants to work or settle in Europe, then doing an MBA from a top European business school is recommended. On the other hand, if someone is interested in working in India and the cost is an issue, then IIM Bangalore (IIM-B) is a great option. IIM-B offers easy loans and scholarships and is recognized by almost all top recruiters in India. Therefore, IIM-B is a good choice for Indian students who want to pursue an MBA.
SPJIMR is also a good option, but if someone wants to start a business in India and their primary client base is local, then IIM-B is a much better option than INSEAD.
What is the quality of education at SPJIMR Mumbai (PGPM)? What kind of placements do they have after completing their course there? How does it compare to IIM’s placement records?
SPJIMR Mumbai (PGPM), a top management school in India, provides high-quality education. The course balances theoretical and practical knowledge and emphasizes leadership abilities.
Many leading companies recruit the institute's graduates each year. Amazon, McKinsey & Company, and Accenture recruit SPJIMR Mumbai (PGPM) grads at 26 LPA on average.
SPJIMR Mumbai (PGPM) has strong placement records despite not being as well known as other IIMs. SPJIMR Mumbai (PGPM) has continually been one of India's top management colleges for placements. Below is a table comparing fees and placement records of SPJIMR and IIMs;
|
College |
Fees (MBA/PGDM) |
Highest Salary Package |
Average Salary Package |
|
SPJIMR |
INR 20.42 Lakhs |
INR 77.8 LPA |
INR 33.02 LPA |
|
IIMs |
INR 12 Lakhs to INR 28 Lakhs |
INR 35 LPA to INR 1.14 CPA |
INR 15 LPA to INR 34 LPA |
SPJIMR Mumbai (PGPM) offers a high-quality management education with a focus on leadership and a good possibility of securing a high-paying job after graduation. It may not have the same prestige as some IIMs, but it is a respected institute with a successful track record. Hope it helps, choose wisely, All the best!
Who are some of the famous alumni of SPJIMR?
SPJIMR is a very reputed institution. There are many famous alumni of SPJIMR, some of the include:
- Debjani Ghosh, (1993) : President at NASSCOM.
- Neil George, (1996) : Managing Director at Nivea India.
- Mahesh Madhavan, (1988) : Global CEO of the Bacardi Group.
- Anurita Chopra, (2000) : Marketing Director, GSK.
- Deepak Iyer, (1993) : President - India of Mondel?z International.
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