IMI Delhi has its flagship PGDM course wherein you can choose any specialization in the second year ranging from finance, marketing, and operations to HRM. Apart from this flagship course, IMI Delhi additionally offers a separate specialization program i.e., PGDM HRM (Human Resource Management).
Suitability: The program is targeted toward individuals keen to kickstart their careers in the HR domain.
Curriculum: The curriculum is industry relevant and is customized according to the recent trends in the industry. So unlike the regular PGDM, the HRM program lays more emphasis on core HR subjects. This basically means that tour core subjects will comprise more HR electives than general Management.
International exchange program: This program enables students from foreign universities to study with the students at IMI Delhi and vice Versa.
Placements: The key highlights of IMI Delhi placements 2023 for PGDM HRM are tabulated below:
Particulars |
Statistics |
Average Package |
INR 15.58 LPA |
Highest Package |
INR 20.50 LPA |
Median Package |
INR 14.82 LPA |
Top 10% average package |
INR 19.89 LPA |
Total Students |
35 |
Both the options you mentioned, IMI Delhi PGDM and IMT G Finance are good in their own individual aspects. So you should rather be asking which is better for you. Now this depends on what you really want from your PGDM. By choosing PGDM Finance you will limit yourself only to the Finance sector, whereas a PGDM core will give you a chance to explore various domains before selecting your specialization. The former is a good option if you are certain about your interest in Finance and want to excel in that sector no matter what while the latter is good if you are open to all options.
Talking about IMI Delhi in general, the B School offers an abundance of opportunities through student bodies and other student driven activities. Moreover the additional locational advantage is what makes it a fairly good option. The batch size is also not too big and thus balances the student teacher ratio.
Placements are pretty decent at IMI Delhi. The IMI Delhi average package (overall) offered during 2023 placements was INR 17.01 LPA. For PGDM, PGDM (B&FS), and PGDM (HR) the average package stood at INR 17.20 LPA, INR 16.48 LPA, and INR 15.58 LPA, respectively.
The primary highlight of the B School is its student exchange program wherein students from foreign universities join the B School for a fixed period while students from IMI Delhi visit a foreign university in exchange.
All these factors make IMI Delhi a very good choice in comparison to IMT G.
IMI Delhi offers plenty of opportunities in terms of learning and knowledge. With the extremely talented and experienced faculty combined with the terrific industry exposure, the high fees do not seem so high in reality. A student just does not learn at IMI New Delhi, he grows.
Consider only 65-70% of the average package to draw conclusions from it. This is because not all
Students contribute to the average package figure, but only the ones that got placed till the last placement date contribute to it.
The placement scenario at IMI New Delhi however, depends more on your competence than anything. It’s the ones who are genuinely passionate and have worked really hard that are able to face the placements. Before the placements, the committee makes sure to let you know that any failure in regard to placements will be a result of your own incompetence and not the institute’s inefficiency. So be prepared for such scenarios.
Like any other B School, there is a bias towards the Placement committee which gets placed right in the beginning. At IMI Delhi a student can sit for PI a maximum of 5 times but some are allowed to do so more than 7-8 times. There is a distinction between us and you will have to consider this factor.
Now make an informed decision by first determining what is more important for you; placements or academics. If it’s the former you are after then there is no certainty you will get a good package but for the latter, I can assure you, you will spend the best time learning the best things.
Doing an MBA has to be a long-term decision. While selecting your college, various parameters are considered to evaluate the institute's worth and credibility. Some of these are college faculty, industry exposure, placements, and tags. However, you have to think about long-term goals too. Doing an MBA is necessarily like investing a lot and expecting a great return in the long term if not right away.
As far as the comparison between IMI and IIM-Amritsar is considered, there aren’t many distinguishing features. Both are tier-2 b-schools with individual strengths and weaknesses. However, a distinguishing feature of IMI or IMT that sets them apart from new IIMs is their extensive alumni base. In the corporate world, connections matter a lot, and positions of authority can greatly influence your progress in your career. So in this aspect, IMI scores better than IIM.a
If you have a closer look, there is no major difference between the 3 B Schools. So I have made it easier by judging them on the basis of 2 parameters only.
Admissions: Most competent students get a call from 2 of these 3 institutes as all the 3 to have similar requisites
Placements: The placements are also at a similar level. The profiles and packages offered are similar in all the 3 B Schools except that IMT is a little behind owing to its huge batch size.
So I would say the order would be as this- XIMB >=IMI>IMT
The table below will give you a better picture of the comparison between the 3 colleges
Particulars |
XIMB |
IMI |
IMT |
Batch size |
364 |
308 |
500 |
Fees |
?20 Lakhs (MBA) |
?18.17 L |
INR 6 L - 19.02 L (for 18 months-3 years) |
Number of recruiters |
64 |
100+ |
130+ |
Highest salary |
INR 32.21 LPA |
INR 50 LPA |
INR 62 LPA |
Average salary |
INR 17.54 LPA |
INR 17.01 LPA |
INR 15.28 LPA |
Top sector |
Consulting (46%), IT/ITES (22%) |
Consulting/ EdTech |
IT/ITES |
Top Recruiters |
ICICI Bank, Accenture, Cognizant |
ICICI Bank, Deloitte, Accenture, Infosys, KPMG |
Morgan Stanley, BCG, Accenture Consulting, Goldman Sachs, Google, Infosys Consulting, Emami International, TATA Consumer Product |
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.
Before I talk about the worth of private B Schools like IMT/IMI/XIMB, let’s consider their average packages.
B School |
Average Package |
IMT |
INR 17.35 LPA |
IMI Delhi |
INR 17.01 LPA |
XIMB |
INR 20 LPA |
The average package of government colleges like IITs and DSE is slightly less around INR 10.57 LPA. So the point is if you are ready to invest a hefty amount in B Schools, you will not regret the decision as they are game changers. The level of exposure and diversity is almost higher than in Government colleges. IITs, DFS and DSE MBAs have a more theoretical approach than a practical one. However, the figures for private B schools are inflated so do consider the ups and downs.
The final decision is up to you. Try to find what exactly you want from MBA
Make a well-informed decision after proper research.
In choosing your B-school, the primary factors that you should consider are, the specialization you want to opt for and the ROI you are expecting. In your case, you want to go for Finance. The list of preferred B Schools you mentioned has similar fees and placements so I will be answering solely based on specialization.
Finance: IMI Delhi is the best choice of all the options when it comes to Finance. A premium quality crowd opts for Finance at IMI Delhi and the main reason is the customized MBA program in Finance. Many companies of the Finance sector visit the campus for placements. Finance students also avail the best opportunities and guidance and have a higher level of security than Marketing students.
However, in case you have more than 2-3 years of work experience, IMI Delhi is not a suitable option. Although you may stand out among your batchmates, the companies visiting the campus are not aware of this and offer roles suitable for less experienced students only. So your work experience may not be credited here.
The general preference order should be: IMI D>XIMB>IMT G
When selecting between IMI, NMIMS, and Symbiosis for your MBA, keep in mind that all three institutes are located in great urban centers with easy access to corporate offices and opportunities. If you're interested in Corporate Finance or Financial Markets profiles, IMI and NMIMS should be great options for you. However, Symbiosis has traditionally held an edge in Marketing and HR due to its diverse gender profile and mobility.
All three institutes are considered niche colleges that provide a decent MBA in Delhi or Bombay, with good opportunities for summer internships and frequent visits from recruiters. While ranking them can be difficult, NMIMS has fallen behind in recent years and is now lagging behind in terms of job opportunities in Finance or other fields in Bombay.
When it comes to Finance jobs, IMI stands out with better CTC offers, but remember that other factors, such as the exposure you receive, the profile you are offered, and your own performance during your studies, will also play a significant role in your future career success. Therefore, be sure to research each institute thoroughly and choose the one that best aligns with your goals and interests.
IMI Delhi is the best option among the mentioned institute. It offers good academics and placement opportunities. IMI Delhi placements 2022 had an average CTC of INR 15.23 LPA and the highest CTC was INR 32 LPA.
The rest of the institutes are almost at par in terms of opportunities. KJ Somiya offers better campus life and peer learning opportunities, comparably.
In terms of placements, LBSIM and FORE are almost the same. However, FORE changes around 30-40% more than LBSIM.
Going by the statistics, your preference order should be - IMI Delhi > KJ Somaiya > FORE ~ LBSIM.