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Which one is better for Finance, SIBM Bangalore or SIIB Pune?
Symbiosis Institute Of International Business, Pune (#43 for MBA by INDIATODAY), and Symbiosis Institute Of Business Management, Bangalore (#23, TOI’s entire India B-School ranking) both are highly acclaimed institutes for management studies in India. But only SIBM Bangalore offers a separate Finance MBA program (Quantitative Finance). If you want to pursue a career in Finance then you should opt for SIBM Bangalore as the institute offers a core Finance course.
Course Structure: The coursework for Quantitative Finance at SIBM Bangalore includes case studies and simulations which helps the students grasp the topics covered via real-time analysis. The presence of Bloomberg Terminals is an added advantage as it can get real-time data for analysis. The course fee for MBA in Quantitative Finance is 14.8 lakhs.
Placements: According to the placement batch profile of 2019 at SIBM, Bangalore, 23% of students got placed in the BFSI sector. The average CTC was 9.8 LPA and the highest was 28.3 LPA. The major recruiters were Accenture, Deloitte, Mahindra & Mahindra, JP Morgan & Chase, McAfee, Wall Street Advisory, Capgemini, CRISIL, Genpact, and many more.
Although SIIB, Pune does not offer a separate course for Finance, it is an integral part of the course curriculum for MBA-IB and has related aspects in courses MBA-AB and MBA-E&E. Investment Banking, Retail, M&A, International Finance Management, Corporate Finance, Agri Finance, and other Finance related subjects are part of the course work. SIIB Pune also offers Bloomberg tools. The average placement package at the institute is 10 LPA.
What's a better option among GIM, NIBM, and SIIB for my MBA/PG, and why?
Goa Institute of Management, well known as GIM is ranked 48th under the Management category of NIRF 2020. On the other hand, the National Institute of Bank Management (NIBM) is among India's reputed business schools which have been ranked 88th in the 'Top B Schools of India' list. Even Among the top 100 B-Schools of India. Even Symbiosis Institute of International Business (SIIB), Pune is a AAA accredited business school placed at 10th position by The Week for Private MBA.
Admission Process:
GIM
- Candidates must have 50% marks aggregate.
- Final year candidates are also eligible to apply.
- Candidates are shortlisted based on the CAT/XAT/CMAT entrance test score followed by Personal Interview and Achiever's round of scholarship.
- The Basic fee structure for PGDM is INR 17-18 Lakhs.
NIBM:
- Candidates are selected based on CAT, XAT(80%), CMAT(95%) scores, followed by writing tests and interviews.
- The seat intake is around 120 seats.
- The course fee for PGDM is 3.75LPA + 29K (Hostel Charges per annum).
SIIB:
- The basic fee structure is16 LPA.
- The selection is based on the SNAP entrance exam followed by GE/PI.
- Candidates must have a minimum aggregate of 50% score.
Infrastructure:
- GIM is well known for Learning Infrastructure, consisting of IT equipment and high-speed servers. Wide exposure to the central library and other resources and e-journals.Consists of Several Finance Labs and Data Mining Centre.
- In NIBM the campus is centrally air-conditioned and has speed wi-fi service. Cultural festivals are conducted every year. Poses Auditorium, IT equipped laboratories and digital library. Girl's Residentials are fully furnished with strong security 24X 7.
- SIIB has modern infrastructure, spacious classrooms, an auditorium, wifi feasibility, and lots more. Excellent Library access and e-journals.Well furnished hostels for girls/boys.Modernized gym, yoga, and aerobics room.
Placements:
|
Particulars |
GIM |
NIBM |
SIIB: |
|
Highest Package |
INR 24.4LPA |
18 LPA |
INR 19.50 Lakhs. |
|
Average Package |
INR 11.4LPA. |
INR 10 LPA |
INR 10.60 Lakhs. |
|
Placement Percent |
100% |
100% |
100% |
|
Top Recruiters |
ABN AMRO,HDFC Life Insurance ,HP,Haier. |
Axis Bank, Deloitte, Federal Bank, State Bank of India, HDFC Bank |
HSBC Bank, IBM Global Service, IDBI trust, ICICI Lombard, etc |
The aforementioned are the basic highlights of the three colleges. NIBM is comparatively cheaper than the other two colleges, whereas, in terms of the package, GIM and SIIB receive higher package offers than NIBM. The choice is up to you.
What are my chances to get an interview call letter from SIIB, SIBM, Bangalore with a SNAP percentile of 87.6?
The chances of getting an interview call from SIIB, or SIBM Bangalore with a SNAP score of 87.6 are very less. Below are the cutoff details, for these institutes.
SIIB Pune cutoff - 93
SIBM Bangalore cutoff - 90
Naturally, the required cutoff changes each year depending on various factors, such as competition, the difficulty level of the examination, etc.
What will my life be like in 10 years if I get an MBA in marketing or finance from SIBM/SIIB, Pune?
By understanding the perspective of your question, there shall not be a huge change if you only get an MBA done. The thing that determines it is the choices you are going to make like the firm you choose to work in, your expected salary or location or role, the work environment, and various other choices.
In 10 years, if you continue working hard, then you will probably have made 2 or 5 years of promotion. You can also simultaneously expect a major salary hike.
However, considering several drawbacks such as home loans, personal expenses, family expenditure, annual vacations, and fee structure of institutions, you are expected to live a very grounded life.
- You should be sure enough about what you are passionate about during pursuing MBA.
- Join a job sector that can lead you to a good state.
- If necessary, you should also build an alternate income for other essential factors.
- You should also begin pro-bono consulting during the weekends.
- You can also consult a startup or can choose to become a mentor or adviser or helper too.
Thus, your life 10 years from now will not however result only if you particularly get an MBA from a B-school, but will take into account the choices you have made, and the hard work you were to undertake.
I need to know details about SIIB, Pune and SIBM, Bengaluru. SNAP cut-off for getting GD-PI call, expected package, future scope. Which one will be a better option?
One of my friends at SIBM Bengaluru, says it is an excellent institute, which has been growing at an exponential pace over the last 10 years. The points below will give you a clear idea as to why you should go for SIBM Bangalore over SIIB Pune.
- The institute completed its 10th year in 2018, after which it has seen several FMCG companies visit the campus.
- The recruiters include top MNCs like Goldman Sachs, J.P. Morgan Chase, Deloitte, Morgan Stanley, ITC, Dell, Credit Suisse, Maruti Suzuki, etc.
- Most of these companies recruit students for both SIP and full-time placements.
- The average package of SIBM was Rs. 9.58 LPA, which is at present above Rs. 10 LPA.
- For SIBM Bengaluru, the cut-off was close to 89-90 percentiles in the last few years, which has increased to some value over the last 3-4 years.
- After clearing the cut-off, you will get a call from the institute for GEPIWAT.
- SIBM is located at the IT hub in Bengaluru. This is an added advantage. It will help in industrial visits and internships.
|
Categories |
SIIB Pune |
SIBM Bengaluru |
|
Course Fee |
10.28-14.4 lakhs |
1.31-14.5 lakhs |
|
Highest CTC |
16 LPA |
26 LPA |
|
Average CTC |
9 LPA |
10.26 LPA |
|
Recruiting Companies |
Aditya Birla, UltraTech Cement, ITC, UPL, etc. |
Bisleri, Asian Paints, Nestle, Loreal, etc. |
Therefore, SIBM Bengaluru has several advantages, which makes it a good choice for students having close to 90 percentile.
How is life in SIIB Pune?
Symbiosis Institute of International Business, Pune (SIIB) offers students two-year full-time residential programs in MBA.
- The hostel, situated in the Hinjewadi Infotech Park, is surrounded by various large multinational companies of India, some of them being Wipro, Cognizant, Infosys, etc. It is mainly influenced so as to make students feel the atmosphere of the corporate world from within the campus itself.
- You will find various in-campus sports facilities to de-stress after a tiring day. The institute also offers a gym and a well-equipped health care center to support wellbeing.
- The hostels of SIIB, Pune come with their own coffee shops, canteens, stationery, and departmental stores to help students get the items they need.
- All the hostels (considering both boys’ and girls’) come with elevators, backup powers, Wi-Fi, and LAN internet connectivity as well.
SIIB Pune is surrounded by hills on either side which infiltrates a sense of peace and tranquility which produces a highly conducive atmosphere for learning. My friends at the institute are quite happy with the campus life.
How does an MBA in a brand like Symbiosis (top - SIBMP, SIIB, SCMHRD, and SIBM-B) help in the long run?
A Symbiosis MBA can have long-term benefits. Long-term benefits of a Symbiosis MBA include:
- Better career possibilities: A top MBA from Symbiosis might boost your employment opportunities. The Symbiosis brand can help you land a high-paying job with top employers.
- Networking opportunities: Symbiosis has a vast and distinguished alumni network. These connections can help you improve personally and professionally.
- Holistic development: Symbiosis' MBA program develops business, leadership, communication, and interpersonal abilities. This holistic approach can help you become a well-rounded, versatile professional.
- International exposure: Symbiosis collaborates with various international universities, offering international exposure. If you want to work internationally, this is useful.
- Entrepreneurship: Symbiosis MBA programs teach students how to create and run businesses of their own. If you want to start an organization, this can benefit you.
An MBA from an esteemed institution like Symbiosis can provide you with the business skills, knowledge, and connections you need to thrive.
Which is better, SIBM Bangalore or SIIB?
SIBM Bangalore and SIIB Pune can not be compared as the institutes offer MBA programs in different domains. SIIB Pune is the older institute and the better option for International Business specialization, whereas, SIBM Bangalore is better for a traditional MBA. Placement and other opportunities offered by the two institutes are almost similar.
The table given below will give you a brief insight into the MBA programs offered by the two institutes.
|
Particulars |
SIBM Bangalore |
SIIB Pune |
|
Established |
2008 |
1992 |
|
Ranking |
23rd in TOI’s B-School ranking |
25th Best B-School in India by The Week |
|
Intake |
270 |
210 |
|
Specializations |
Finance, Marketing, Operations, and HRM |
International Business, Agri-Business, Energy & Environment |
|
Course fee |
16.2 lakhs |
10.8 lakhs |
|
Highest Domestic CTC |
16 LPA |
14.5 LPA |
|
Average Domestic CTC |
9.79 LPA |
8.7 LPA |
|
Median Domestic CTC |
9 LPA |
8 LPA |
|
Recruiters from Finance Domain |
Goldman Sachs, JP Morgan, State Bank of India, ING Vysya, Bajaj Auto Finance, India Forex Advisors Pvt. Ltd |
Axis Bank, HDFC Bank, Axis Bank, HDFC Life, Citibank |
|
Recruiters from Marketing Domain |
Air Asia, Bajaj Allianz, Zomato, TATA Motors |
Godrej & Boyce, Nerolac |
|
Recruiters from IT, Operations and Consulting Domain |
Wipro, Syntel, Oracle, Tech Mahindra, Infosys, Genpact, JDA Software, HCL, HP Analytics |
KPMG, Infosys, TCS, Wipro, HCL, Deloitte |
What are my chances of getting into SIBM, SCMHRD, and SIIB?
The likelihood that you will be admitted to SIBM, SCMHRD, or SIIB depends on a number of variables, including your academic performance, work experience (if any), performance on the admission exam, and performance in the selection process (group discussion and personal interview).
In general, entrance to SIBM and SCMHRD requires a solid profile because they are very selective business schools. A renowned B-school as well, SIIB may have a little less competition.
You should aim for a high percentile on the entrance exam (CAT or SNAP), have a strong academic record, and have relevant work experience (if applicable) to boost your chances of getting into these B-schools. Additionally, since the group discussion and personal interview rounds are so important to the selection process, it is critical to prepare effectively for both.
Which is better SIIB or Tapmi Manipal?
SIIB and TAPMI Manipal are well-known Indian B-schools with distinct benefits. Your preferences, professional ambitions, and program offerings determine which is best for you.
Here is a summary of the institutions-
Symbiosis International (Deemed University) member SIIB. International Business, Agribusiness, and Energy & Environment MBAs are available. Global business, international marketing, supply chain management, and cross-cultural management are taught.
TAPMI provides a 2-year PGDM in Operations, Marketing, Finance, and General Management. Operations, supply chain, and logistics.
Both institutes have strong faculties, industry partnerships, and placement records. SIIB specializes in international business if you want to pursue IB. However, TAPMI's PGDM in Operations Management may suit you if you want to build a career in that field.
Overall considering all things we would recommend TAPMI due to its brand image, Strong academic curriculum, Experienced faculty, Good track record of placements, and Strong industry connections.
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