IIFT, SP Jain, XLRI, and FMS all four institutes are reputed and counted among the top B-Schools in India. For these institutes, your preference order should be as follows.
FMS>IIFT>XLRI>SP Jain
This ranking is based on different parameters such as academics, placements, ranking, faculties, student crowd, etc. FMS offers the best ROI. According to the recent placement highlights, the average CTC for the institute is INR 32.4 LPA. While FMS Delhi fees are around INR 1.92 Lakhs.
PI: Panellists do not have your IIFT entrance test scores/ percentiles. So, they are not biased and already have a good opinion of people who are in the top 1%. Before coming into the room, everyone is the same to them. Do, among other things, fill out your CV form inside and out.
While many may shed their philosophies on how getting a high package should not be your ultimate goal and stuff, I am here with a different opinion. When you are investing a huge amount of money it is only right to expect a greater monetary benefit and a better lifestyle. So I have mentioned some techniques that will help you land a package of 30 LPA specifically in the field of marketing post-MBA from IIM ABC, FMS, MDI, SPJIMR, and IIFT.
These points will help you get your dream job but cannot necessarily guarantee it. It all ultimately depends on your efforts and obviously your luck.
Among these three options, XLRI (HRM) is best. It is the best Human Resources program in the country. The academics and placement opportunities offered are top-notch. XLRI placements 2022 concluded with an average CTC of INR 30.7 LPA. The highest CTC offered this year was INR 60+ LPA.
XLRI offers an enviable learning experience. Your classmates, seniors, and juniors are some of the most talented people you will meet. Being one of the oldest B-School in the country, the XLRI brand name is widely reputed in the industry.
The IIFT admission process typically consists of three stages:
Here's what you can expect in the Essay Writing and GD-PI stages:
To prepare for these rounds, it is important to stay updated on current events, develop your communication skills, practice critical thinking and analysis, and have a thorough understanding of international trade and business. Additionally, practicing mock GDs and essays, and seeking feedback from peers and mentors can help you prepare effectively for these rounds.
Indian business institutions IIFT and SCMHRD provide MBA programs in international commerce and management. Pros and drawbacks of each school:
Indian Institute of Foreign Trade (IIFT)
Pros:
Cons:
When choosing a business school, investigate and analyze your personal and professional aspirations. Visit the campus and talk to students and alumni to learn about the school's culture and opportunities.
If you have a percentage in the 50s or 60s in UG and no work experience, you must score above the 98%ile with an excellent interview.
You will receive the IIFT. The percentage of these people is very low, but it is possible if you achieve a high percentile. If you perform well in the entrance exam (score 3-4 marks above the cut-off) and the admission process (GD-PI and WAT), a UG score (at least above 65) should not be a problem. All you have to do is perform well in the GDPI Process and give them a reason to choose you.
IIFT was established in 1963 by the Government of India as an autonomous organization to professionalize the country’s foreign trade management and increase exports by developing human resources, analyzing and disseminating data, and conducting research. Among the top 10 business schools, it is the only B-school in India that offers an International Business program. This institute is also known as the Mecca for trade.
The major pros and cons of the institute have been entailed below
Pros
Cons
IIFT Delhi and Kolkata campus offers good hostel facilities. The Delhi campus has three hostels - C9, Old hostel, and new hostel. The rooms are 2 or 3 sharing. Students are provided with mess facilities. IIFT Delhi hostel fees are around INR 45k-54k.
IIFT Kolkata offers hostel facilities as well. The rooms are spacious and have basic amenities. IIFT Kolkata hostel fees are around INR 50k.
I have given the preference order of the above-mentioned B Schools. However please remember this is based on my personal opinions and not any official figures
1st: NMIMS is one of the best schools in Mumbai with fewer fees and great specialization in Finance. Its distinguishing feature is its small batch size which is extremely beneficial for excellent placements. The companies that visit offer the best roles to their students mainly because of their credibility and strong alumni network.
2nd: SPJIMR too is located in Mumbai and is the second-best School after JBMINS. Its students intake is very good due to the strict selection process. The placements are at par with JBIMS but the fees are a bit higher. It's ranked in the top 3 in Operation and IT specialization in India.
3rd: One of the oldest institutes for MBA, IIFT is a good choice owing to its strong brand name and small batch size.
4th: SIBM Pune is a blend of everything; a Good campus, good corporate competition, hostel life, good infrastructure, faculty, and placement. It gives you an amazing MBA experience l.
5th: NMIMS Mumbai is great for MBA and is at par with SIBM. But I have ranked it the last owing to its high fees and larger batch size that requires a lot of competition during placements.
So the ranking is
NMIMS>SPJIMR>IIFT>SIBM Pune>NMIMS Mumbai