ROI should not only be looked at from the monetary aspect. Rather, ROI should also include the overall personality development of a student. This is because as an MBA student, one does not only invest money but also devotes valuable time for the course.
SIMS Pune has a lesser fee than SIBM Bangalore. For an MBA, SIMS Pune has a fee of around INR 10.5 Lakhs for general category students. The children of defense personnel are charged a lesser amount.
On the other hand, SIBM Bangalore charges around INR 19.1 Lakhs from Indian students of all categories. SIMS Pune has a larger alumni base and a greater industry connection. This is because SIMS Pune is very old in comparison to SIBM Bangalore.
In terms of ROI, SIMS Pune is better because of its lesser fee.
However, do consider these facts before arriving at the final decision-
After considering all these points, I finally decided to go to SIBM Bangalore for my MBA.
Both SIMS and SIOM are good institutes, providing excellent courses in different domains. The choice between the two institutes is entirely based on your choice of interest.
The points below give a brief overview of the two institutes:
Therefore, for operations management, SIOM is a much better option. And for all other branches in management, SIMS is a better choice for students interested in an MBA degree.
SIIB is the third rank college in SNAP and has a high cutoff around 98 percentile. Since SIMS admits mostly students from defense backgrounds so the quality of peer of SIIB, is comparatively better.
There’s also another parameter that you should consider while choosing the right institute for your MBA, i.e. specialization.
Another factor that is crucial for choosing a management institute is ROI. SIIB offers a poor Return On Investment if you don't get the top jobs. However, recently SIIB is seeing very good placements. SIIB is better in long term.
Many coaching institutes publish many different rankings of B schools across the country every year based on several different parameters. Which in most situations aren’t reliable and trustworthy. But the Times ranking or Career Launcher ranking is more realistic and based on practical parameters. According to these rankings, the preference order of the institutes is as follows.
The table below gives a brief overview of the institutes in the question.
Institution |
Average CTC |
Course Fee |
SIMS Pune |
9.2 LPA |
9.20 lakhs |
IMT N |
7.94 LPA |
12.1 lakhs |
IMI K |
10.25 LPA |
12.41 lakhs |
BIMTECH |
8.13 LPA |
12 lakhs |
Amity Noida |
4.5 LPA |
6.80 lakhs |
IBS H |
7.97 LPA |
14.04 lakhs |
This list and ranking are unbiased based solely on reasons that are practical, realistic, and are only facts combined with different student reviews.
A BBA from NMIMS will be better. The curriculum and faculties are top-notch. NMIMS brandname is well-recognized in the management industry. You will get ample opportunities in terms of placements. According to NMIMS placements of recent years, almost 100% of students get placed from BBA. The average CTC received by the students was INR 3 LPA. While the highest CTC offered was INR 12 LPA. Genpact, Zycus, TCS, etc. are some of the major recruiters that frequently visit the placement drive.
Yes, it is worth spending INR 19 lakhs in IMT Ghaziabad. IMT Ghaziabad is a band A college while SIMS Pune is a lower rung band C college. So IMT Ghaziabad has a better brand presence which will help you in the long run. Also, the initial kickstart you will get is better here. Where SIMS Pune maybe a little better than IMT Ghaziabad is in the finance domain. The placements at the institute have been good with salaries as high as INR 15 lakhs per annum being offered to the students. The job roles are also quite good and are actually comparable to even some band B colleges.
The table below will give you a comparison between IMT Ghaziabad and SIMS Pune.
Institute |
IMT Ghaziabad |
SIMS Pune |
Highest salary |
INR 29.32 LPA |
INR 16.3 LPA |
Average salary |
INR 12.42 LPA |
INR 9.24 LPA |
Median salary |
INR 12 LPA |
INR 7 LPA |
If you are interested in marketing then no doubt IMT Ghaziabad is better than SIMS Pune. The fee of SIMS Pune is now almost touching INR 15 lakhs which is not cheap unless you are from the army quota. Symbiosis is also a good brand but then IMT Ghaziabad outshines it in every way.
Both NIBM and SIMS are considered the best colleges in Pune. NIBM received Asia’s Best Award at World HRD Congress 2018. Whereas, SIMS Pune is ranked 24 for MBA by TOI 2019.
Admissions:
SIMS:
It is an AICTE and NAAC approved college which accepts the admission of graduates above 50% score.
Admission for the courses is done based on the score of SNAP.
The rut off for Round 1 SNAP is 77 Percentile.
There is an availability of 120 seats for admission.
NIBM:
NIBM is an AICTE approved college that accepts the admission of graduates above a 50% score.
Admission for the courses is done based on the score for CAT/CMAT.
The final selection is done by the university based on the written ability test (WAT) and Personal Interview (PI).
The cutoff score of MAT is 94+ Percentile, cut off score of CMAT is 94+ percentile, and the cutoff score of CAT is 80 percentile.
There is an availability of 120 seats for admission.
Faculty:
SIMS:
Faculty members in SIMS focus on interactive learning. They use different methods to make classes more engaging and productive even when classes are conducted virtually.
It involves peer learning, and you get to learn about a lot of things covered in the course curriculum as well as in presentations, workshops seminars, etc.
NIBM:
The teachers are highly qualified and knowledgeable. Most of the faculty has a doctorate.
The faculty does not only focus on theory but it makes students industry-ready.
Placements:
SIMS:
Placements are offered in every field like finance, banking, marketing, etc.
The average salary package offered in SIMS is 8 LPA.
Major companies like Deloitte, Google, and Accenture have offered placements.
The training is provided by the placement cell well in advance for better opportunities.
The overall salary package here is between 6-13 LPA.
NIBM:
NIBM Pune has a 100% placement record.
They provide many internships and social development projects for students to avail of a better job opportunity.
The highest salary offered was 14.5 LPA with an average salary of 9.44 LPA.
Both SIMS and NIBM are the best and well diverse colleges. There is not much difference based on infrastructure or campus facilities. But there is a well-versed difference in opportunities due to the better ranking of SIMS, which makes it more preferable among students than NIBM. There is also a visible difference in placement records which makes SIMS a better choice than NIBM.