Yes, an MBA from LBSIM is worth the investment. It has a 100% placement record and offers great ROI. LBSIM placements 2022 concluded with an average CTC of INR 11.30 LPA.
The academics are effective. You will learn through live projects and hands-on experience. It is a student-driven institute, during your MBA, you will get to learn each and every aspect of the industry. There are many academic and non-academic clubs at LBSIM, that help student lay off stress. LBSIM alumni are working at reputed companies like the Big four, Crisil, Marsh & Mclennan, etc.
Given below is a brief comparison between LBSIM and FORE School of Management.
Particulars |
LBSIM |
FORE School of Management |
Established |
1995 |
1981 |
Rank |
76 |
43 (NIRF) |
Accreditation |
AICTE, AIU, NBA |
AIU, AICTE |
Specializations |
General, Finance, Logistics and Supply Chain Management, Research and Business Analytics |
General, International Business, Big Data Analytics, Financial Management |
Intake |
420 |
420 |
Course fee |
11.67 lakhs |
15.98 lakhs |
Entrance exams accepted |
CAT/GMAT/NIMCET |
CAT/XAT/GMAT |
CAT cutoff |
80 |
85 |
Selection |
Written Ability Test (WAT), Personal Interview (PI), Group Discussion (GD) |
Written Ability Test (WAT), Personal Interview (PI), Extempore, Business Awareness Quiz (BA-Q). |
Placement rate |
100% |
90% |
Average CTC |
9.2 LPA |
10.6 LPA |
Highest CTC |
28 LPA |
30 LPA |
Top Recruiters |
Accenture, HDFC Bank, Click labs, Asian Paints, etc. |
Kotak, Nestle, JP Morgan, Axis Bank, etc. |
LBSIM and FORE School of Management offer similar academics and placement opportunities. However, LBSIM has a higher ROI than FORE due to less course fee.
When it comes to choosing between different institutes for an MBA, there are a lot of factors to consider beyond just ROI, fees, and CTC.
Firstly, think about the specialization you want to pursue. Each institute may have a different focus, such as IMI's dedicated HR course, FORE's marketing program, or LBS's finance specialization. Do your research and make sure you choose an institute that aligns with your career goals.
When considering placements, don't just focus on the CTC or the recruiting companies. Instead, look at the profile that is being offered. There is a big difference between an area manager role and a sales executive role, for example. Make sure the profile is something that interests you and aligns with your career aspirations.
Talking to alumni can also be a helpful way to gauge the exposure and opportunities offered by each institute. Reach out to alumni from different institutes to get a better understanding of what each one offers and which may be the best fit for you.
Ultimately, how you perform in the program will matter much more than which institute you choose. Put in the effort and work hard to make the most of your time in the program, and you will set yourself up for success in your future career.
Honestly speaking, TAPMI, FORE, and LBSIM are very similar in terms of curriculum. Many of my friends have completed PGDM from FORE and TAPMI. Even the comp ones that visit the campus for placements are very similar and not much comparison can be done between the 2 B Schools. The placements report too will reveal a similar list of companies visiting. Some minor differences between these B Schools are
Recruiters consider all top 2 B Schools in the same league. What matters more than your B School choice is what you plan to do from your PGDM course.
According to the official placement report of NMIMS Bangalore, the average placement was 14 LPA.
Many MBA colleges provide placement report which is inflated, they made a few students who opt out of the placement process. However, this is not the case with NMIMS Bangalore, the data provided by them is quite accurate.
If you have any offers from IIMs (baby and new) then go for it otherwise NMIMS is a decent option and between NMIMS, LBSIM, and FORE. The average salary offered at LBSIM is 12.42 LPA, and the average salary at FORE has been 14.5 LPA in recent years.
This is always a tough question to answer. You can consider a number of assumptions in order to shortlist the business school you would like to go to. You can compare the one you like to them and make your decision:
You should choose wisely and make your decision accordingly.
IMT Nagpur and IMT Hyderabad are considered good B-Schools, better than TAPMI and LBSIM but IMT Nagpur is more established and has a better reputation, which puts it higher on the list. However, this ranking can vary depending on the factors that are being considered, such as faculty quality, campus infrastructure, industry linkages, and alumni network, among others. Additionally, personal preference and individual career goals should also be taken into consideration while evaluating the B-Schools.
It is always recommended to visit the campus and talk to current students and alumni before making a final decision.
The choice here ultimately comes down to your interest. First, decide whether you are interested in pursuing specialized MBA courses like MBA in finance or are you more inclined towards MBA general where you can opt for a specialization in your second year.
I have some friends at LBSIM Delhi. So, can give you some insight into the institute.
Specializations: You will be having a variety of specializations to choose from if you go for LIBSIM. You will get an enormous amount of exposure in terms of corporate, guest lecturers, meet-ups with major industrialists if you opt for this B-School.
Location: When it comes to location, there is an advantage too, located in Delhi which is India's capital and surrounded by two major industrial hubs, Gurgaon and Noida.
Alumni Base: Alumni base of LIBSIM is strong and the institute has maintained an amazing placement record as well.
2021 Placements |
|
Average CTC |
9.2 LPA |
Highest CTC |
32 LPA |
No of recruiters |
80+ |
Major recruiters |
Classplus, Microsoft, Capgemini |
Other B-Schools in India ranging equal in terms of ranking like Nirma fail to meet up the expectations of students as LIBSIM has set the bar too high.
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.
PGDM admission via LBSIM CAT cutoff would be around 88+ or more. You can apply for this course in the months of September to December.
A good score in CAT or GMAT score and accordingly you could be shortlisted for the group discussion and personal interview rounds. Your admission is provided on the basis of a merit list that takes into account your GMAT or CAT score and your entire profile as a candidate.
LBSIM Selection Weightage:
Component | Weightage Percentage |
CAT/GMAT Score | 60% |
GD-PI-WAT, Extempore, Academic Profile, Work Experience | 40% |
Most of the cutoffs are expected to be between 85 and 90 for PGDM admissions in 2019-2021. As far as last year’s cutoff was concerned, it was around 80 for the year 2020.