When considering graduate business programs, it is important to weigh the various factors that may influence your decision. IIT Kharagpur's Vinod Gupta School of Management (VGSoM) has a long legacy and robust alumni network, spanning over 25 years. In contrast, IIM Nagpur, a newer institution, has graduated only three batches so far. VGSoM also boasts a spacious campus of 2100 acres, while IIM Nagpur does not have its own campus.

While the fees for both programs are roughly the same, the average package at VGSoM is significantly higher at INR 19.36 LPA compared to INR 13.21 LPA at IIM Nagpur. However, IIM Nagpur does offer a unique opportunity for students to spend one trimester at IIM Ahmedabad and receive mentorship from the institution's faculty. Additionally, for some individuals, the IIM tag may hold additional prestige.

It's worth noting that the IIM tag is highly respected for older IIMs and certain regional campuses such as IIM Trichy, IIM Udaipur, and IIM Ranchi. However, for baby IIMs like IIM Nagpur, the tag may not hold as much weight when compared to an esteemed institution like VGSoM which holds the IIT tag and offers an MBA program that is semester based, while IIM Nagpur offers a trimester-based postgraduate program.

 A PGPM course at Great Lakes might be a better option, which has a lot of advantages. If you are dedicated and determined, then your academic journey will be easier. Let us have a detailed look at the course structure and the institute.

Academics – You have to attend 6 to 7 hours of class followed by 2 hours of pre-reads and assignments every day, which is a bit hectic. You can also take part in healthy class discussions, which are highly beneficial. This institute has a well-designed course structure that covers a wide range of topics

Faculty – Great Lakes is gifted with excellent faculty support and they encourage interactive classes

Other Activities – Apart from academics, Great Lakes also conducts various cultural and sports events every year.

Placement – Various companies with decent salary packages visit the institute every year. Currently, the average package is around 10 lakhs per annum. The students from an IT background are given ample opportunities here, and they are satisfied with the salary packages.

So, choose the option Great Lakes Institute of Management for better studies

When it comes to choosing a business school, the competition is fierce and the options can be overwhelming. Three institutes that are considered to be among the top in the country are the Vinod Gupta School of Management (VGSOM) at IIT Kharagpur, the Indian Institute of Management (IIM) Ranchi, and the Narsee Monjee Institute of Management Studies (NMIMS).

If you are interested in an operations profile, then VGSOM is a great choice. It is considered to be one of the best institutes in the country for operations specialization, after NITIE. Additionally, the return on investment (ROI) is high. IIM Ranchi, on the other hand, may have a lower average package compared to the other two institutes, but it has the prestige of the IIM tag and a decent profile. The hostels are also fabulous, with single rooms available for students.

NMIMS is considered to be more costly and the batch strength is over 500 students. The top 150-200 students get superb packages and roles that are at par with other top B-schools, however, the next lot of students may have a lot of start-ups, etc. If you want to play safe, VGSOM or IIM Ranchi might be the best option.

However, if you are willing to take a risk, NMIMS might be a good choice as the profiles there are really good. It's ultimately up to you to decide which institute aligns best with your career goals and objectives. Rest assured, whichever institute you choose, you will be choosing a great institution as all three are among the top institutes in the country.