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Which college is good for MBA, Nirma University, Symbiosis Pune or Narsee Monjee Mumbai?
NMIMS is the best option among these. The strategic location, excellent placement, and brand value put NMIMS ahead of the other institute mentioned in the question.
NMIMS is located at the financial hub of Mumbai. The campus is just an hour or an hour and a half drive away from commercial and industrial spaces like Bandra Kurla Complex, Navi Mumbai, South Bombay, etc. Due to the locational advantage students can easily attend industrial visits of reputed organizations like TOI, Pepsico, JPMC, etc.
NMIMS Mumbai placements are way ahead of the B-Schools in the same tier. Even with a batch size of 500+, the institute offers an average CTC of INR 23.07 LPA.
Can I take up a distance MBA course from Madras university in Chennai Is it worth the money?
It’s not a good idea to do a distance MBA from Madras University. It will not add much value to your profile. Rather than doing a distance MBA, you can consider doing some short courses in advanced Excel, or SQL, that will help you enhance your skills.
If you are thinking of pursuing an MBA degree, it's better to do a regular one with good placement opportunities.
Is IBMR gurgaon right choice for MBA?
If you get a chance then they should go for sure to pursue MBA from this institute (IBMR Gurgaon) . The Institute provides excellent facilities along with nice infrastructure. IBMR Gurgaon is AICTE Approved and it is also affiliated by the state government university as well. The institute has a tie up with various Institutes to provide excellent education to the students of IBMR. The fee structure is also reasonable in comparison with other institutions.
|
Categories |
Year 1 |
Year 2 |
Total Fees |
|
Fee Structure for MBA |
INR 2.63 lakh |
INR 2.33 lakh |
INR 4.96 lakh |
|
Fee Structure for PGDM |
INR 2.77 lakh |
INR 2.48 lakh |
INR 5.25 lakh |
You or in fact any other student should always choose a college depending on their placement data. The Placement records overall are also good in IBMR.
- Highest CTC offered - INR 18.5 LPA.
- Average CTC offered - INR 8 LPA.
- Recruiting Companies - Microsoft, IBM, ITC, Wipro, etc.
IBMR Gurgaon is a good choice as the ROI is the best. The value added courses as well as the practical teachings are very Good. IBMR Gurgaon is a good choice for both MBA and PGDM due to its ranking and its presence in the corporate
How is the brand image of an MBA from IIT Kanpur in the industry?
IIT Kanpur is one of the renowned institutes for pursuing an MBA, and it carries a positive brand image in the industry. IIT Kanpur is the best place for an MBA due to its well-structured curriculum, highly qualified faculty members, and excellent infrastructure..
Here are some highlights of pursuing an MBA from IIT Kanpur:
- Placements: According to the MBA placement report of 2023, the highest package was INR 24 LPA, the average package was INR 18.14 LPA, and the median package was INR 17.25 LPA. The top recruiters were Deloitte, PRAMATI, Digi International, Wells Fargo, etc.
These statistics demonstrate the positive industry reputation of the MBA program at IIT Kanpur.
- Ranking: IIT Kanpur ranks 23rd among the top management institutions in India, as per NIRF 2023 Ranking.
- Fee Structure: The MBA tuition fee at IIT Kanpur is INR 1.05 lakhs per semester for regular students. This is quite an affordable fee-structure, especially when compared to other top management institutions. You can check the detailed fee-structure here- https://www.iitk.ac.in/doms/data/docs/programs/mba/MBA-fees-14-05-24.pdf
Thus, DoMS, IIT Kanpur is an ideal place to pursue an MBA.
How is it getting an MBA at Pondicherry University Are there any good placements?
Pondicherry University offers an MBA in various disciplines which are listed below –
- Regular MBA (specializations in HR, Marketing, Finance and Operations)
- MBA Data Analytics (self-financing)
- MBA Tourism & Travel Management
- MBA Banking Technology (IT and Banking specializations)
- MBA Financial Technology
- MBA International Management (Marketing and Finance specializations)
- MBA Insurance Management (Karaikal campus)
- MBA Logistics & Supply Chain Management (self-financing)
| Categories | MBA at Pondicherry University |
| Placement Percentage | 60-70% |
| Highest CTC | 15 LPA |
| Average CTC | 4-5 LPA |
| Recruiting Companies | Zoho, TCS, Infosys, etc. |
Pondicherry University also offers an MBA part-time course which is also a self-financing course offered by the Department of Management Studies. Except for the Department of Tourism Studies, all other departments have lower placement results. However, do not depend on the university for placements.
In terms of studies, it is good. The fees are quite low compared to private colleges or IIMs. The faculty is really good and the knowledge you can acquire is enormous as well. The only thing that is not good enough is the placements so make your decision wisely.
What is the total cost incurred in doing your MBA from NMIMS Mumbai?
The following answer is based on my brother’s experience at NMIMS and may vary from person to person depending on their own personal expenses and standard of living. The table below shows the NMIMS MBA fee structure.
|
Particulars |
Data |
|
Total Fees |
INR 23.90 Lakhs |
|
Hostel fees (Non-Refundable) |
INR 2,25,000- 3,00,000 |
|
Hostel fees (Refundable) |
INR 10,000 |
From the above data the approximate cost is 26-27 Lakhs. The additional expenses like hanging out, fares, and miscellaneous activities can amount to 1 Lakh.
Now let’s consider you staying in a flat and not a hostel. The MBA fees remain the same. But the living expenses are considerably cut down. My friend lives in a flat with 5 people and shared her average expenses.
- The rental expense was 10k
- The security deposit was 1 lakh
- 6-8k per month for electricity bills and grocery shopping
- An additional 2-3k for hanging out
- The average auto fare would be 3k per month
- The rough average is 20k per month and if you calculate the same for 21 months it amounts to 4.2 Lakh.
The total expenses including tuition fees amount to 30-33 Lakhs. I think it’s better to go to a hostel than to a flat.
Which MBA college should I choose from IIM (A,B, C) , NMIMS, FMS and MDI?
For these B-School, your preference order should be IIM A > IIM C (Finance) or IIM B (if specialization isn’t a factor) > FMS > MDI. NMIMS isn’t in the same league as the others.
IIM brand value has its advantages. You can benefit a lot, if you are pursuing your MBA from IIM A, B, and C. But the IIMs charge high fees. IIM A MBA fees are INR 23 Lakhs. While FMS has negligible course fees and offers high ROI. FMS Delhi placements are comparable to IIM A, B, and C.
So, the choice comes down to brand value vs. ROI. If you want good placements and a high return on investment, choose FMS.
What is the preferred order among IIM Amritsar, IIM Bodh Gaya, or IIT Roorkee for taking an MBA course? Where should I attend?
College wise - IIT Roorkee > IIM Bodh Gaya > IIM Amritsar
I will chose IIT Roorkee due to the following reasons:-
- Older IITs like Roorkee boast a longer legacy and are highly esteemed for imparting quality Management education.
- MBA started at IIT Roorkee in 1998 while both the IIM were established in 2015.
- IIT Roorkee has better infrastructure and has a bigger campus of 358.5 acres.
- IIT Roorkee is ranked 18th in the nirf ranking with IIM Amritsar at 51th and IIM Bodh Gaya at 53th.
- IIT Roorkee has an Average Package of 18.34 LPA with IIM Bodhgaya at 13.9 LPA and IIM Amritsar at 16.51 LPA.
Which one is better MBA from FMS Delhi or IIT Delhi?
It is not a brainer that an MBA from FMS Delhi is a much better choice than IIT Delhi. IIT Delhi's MBA program is not even close to that if FMS and both are poles apart. If you want your MBA degree to be valuable enough to shape your career drastically, FMS is the one for you.
Here are a few pointers as to why I am so strongly in favor of FMS Delhi:
Ranking: One of the most valued ranking systems, IIRF ranks DMS IITD MBA 14 out of 44 colleges in India while FMS is ranked 5 out of 44 colleges in India in 2023.
Fees: IIT Delhi offers MBA at around INR 10.4 Lakhs (for 2 years) while FMS has very low fees of around INR 96,000 per year. This is almost 1/4th of the fees of the MBA program offered at IIT Delhi despite being way ahead in terms of brand value.
Placements: Being one of the premier B-schools in the country, it offers excellent placements that almost par with the top IIMs and its placements are nowhere comparable to IIT Delhi’s placements.
|
Particulars |
FMS Delhi |
DMS IIT Delhi |
|
Highest package |
INR 1.23 CPA |
INR. 36.70 LPA |
|
Average package |
INR 34.1 LPA |
INR 21.90 LPA |
|
Median package |
INR 31 LPA |
INR 20.60 LPA |
|
Top sectors |
Consulting, Marketing |
Sales & Marketing, Strategy & Consulting |
|
Top Recruiters |
Accenture Strategy, Airtel, Amazon American Express, Bain & Co, BCG etc |
Rockwell Automation, Texas Instruments, ICICI, Optum, Medtronic, GE Healthcare |
ROI: One does not even need to think twice before saying that FMS Delhi offers a much higher return on investment than IIT Delhi with much lower fees and placement opportunities notches higher.
Many times people forgo offers from top IIMs just for FMS because of no financial burden.
Is MBA better than CA?
MBA is offered as a 2 year full time program MBA in India. It is one of the most popular postgraduate courses in India. Admission in MBA is based on the CAT, XAT, CMAT, Gmat, etc. exams. The entire Chartered Accountant course takes 5 years for completion. Students have to go through a CPT (Common Proficiency Test) which will lead to the inclusion in ICAT (Indian Chartered Accountants Institute).
The table given below shows a brief overview of both programs:
|
Categories |
MBA |
CA |
|
Course Fee (approx.) |
23 Lakh |
1.85 Lakh |
|
Placement Percentage |
100% |
42.79% |
|
Highest CTC |
70 LPA |
50-70 LPA |
|
Average CTC |
25.83 LPA |
20 LPA |
Placements:
MBA Recruiting Companies -
The top recruiting companies include Deloitte, Accenture, Infosys, Capgemini, Citibank, ITC, Nestle, Saint Gobain, JP Morgan, Wipro, Microsoft, Phillips, Reliance, L&T, McKinsey & Company, Avendus, Asian Paints, etc.
CA Recruiting Companies -
The top recruiting companies include JP Morgan, KPMG, Deloitte, E&Y, Federal Bank, Lodha & Co., IDFC Bank, Luthra & Luthra, Citibank, Edelweiss, Morgan Stanley, etc.
Admission:
- Admission in MBA is based on the various entrance examinations like CAT, CMAT, SNAP, XAT, MAT and NMAT.
- CA admissions is based on the Common Proficiency Test (CPT), Intermediate (Integrated Professional Competence) Examination and a Final Examination.
The amount invested in a CA is less compared to an MBA degree. Out of 100 only 3-5% of candidates are able to qualify with CA and get certified. 90-95% of candidates who opt for MBA courses end up getting good jobs with generous salary packages. So the demand of pursuing MBA is much higher in India than CA.
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