According to the reviews online both NMIMS Mumbai and SIBM Pune have their fair share of pros and cons. THey each are better in their own way.
Here are some facts that will help you understand the similarities and differences of both the colleges:
Categories | NMIMS Mumbai | SIBM Pune |
Course Fee | INR 6.88 lakh | INR 19.4 lakh |
Placement Percentage | 80% | 70% |
Highest CTC | 16 LPA | 18 LPA |
Average CTC | 9 LPA | 6-7 LPA |
Recruiting Companies | TCS, Wipro, HP, Accenture, etc. | Tech Mahindra, Infosys, TCS, Accenture, etc. |
NMIMS also has a better, more experienced faculty than SIBM Pune. Being in the centre of the industrial hub, many companies participate in their placement program.
Recruiters value Symbiosis' premier institutes, including SIBMP and SCMHRD, for creating well-rounded MBA graduates. These graduates work in marketing, finance, consulting, HR, operations, and more.
SIBMP and SCMHRD graduates work as Brand Managers, Product Managers, Market Research Analysts, Marketing Managers, and Sales Managers. Depending on the firm and industry, marketing managers design and implement plans to promote products or services, analyse market trends and customer behaviour, and manage stakeholder relationships.
Tata Group, Accenture, Deloitte, KPMG, PwC, HUL, ITC, and other notable organisations recruit from Symbiosis. Top corporations hire Symbiosis graduates for their leadership qualities.
SIBMP and SCMHRD graduates do well in the labor market due to the institutes' rigorous curriculum and emphasis on practical learning.
Placement Figures-
Particulars |
SIBM Pune |
SCMHRD (Marketing) |
Highest placement |
INR 35.05 LPA |
INR 32 LPA |
Average placement |
INR 24.00 LPA |
INR 20.15 LPA |
Median placement |
INR 26.77 LPA |
INR 20.00 LPA |
Domains |
Consulting & Strategy, Finance, General Management, Human Resources, Operations & Supply Chain and Sales & Marketing. |
For marketing, NMIMS Mumbai is better. It has a great faculty pool for marketing. As Mumbai houses many MNCs, it's easy to get good exposure and placement opportunities. For placement, major sectors come for marketing, i.e. FMCG, FMCD, E-Commerce, Retail, etc. During NMIMS Mumbai placements 2021, FMCD/FMCG/Retail sector offered the highest CTC of INR 25 LPA.
If you're looking to specialize in marketing and work in fields such as strategic communication, advertising, and media management, then MICA would be the perfect fit for you. They offer a range of courses and programs that focus specifically on marketing, making it an ideal choice for those who want to go deep in this field.
However, if you're an engineer looking for a more general approach to sales and marketing, you may want to consider NMIMS Mumbai, SIBM Pune, or IMT Ghaziabad. All three institutes are similar in their approach to marketing, but each has its unique advantages and disadvantages.
NMIMS Mumbai, for example, has a higher cost and a smaller campus compared to SIBM and IMT. However, it also boasts a strong brand and alumni network, which can be very advantageous when it comes to finding jobs or internships. Additionally, the packages offered by NMIMS are generally higher than those at IMT and slightly better than SIBM.
On the other hand, SIBM Pune and IMT Ghaziabad offer a larger campus and a more affordable cost of attendance. However, they may not have the same level of brand recognition or alumni network as NMIMS Mumbai.
Ultimately, it comes down to what you value most in an institute. If you want a strong brand and alumni network and are willing to pay a higher cost for it, then NMIMS Mumbai might be the right choice for you. If you're looking for a more affordable option with a larger campus, then SIBM Pune or IMT Ghaziabad may be a better fit.
To choose a college that is perfect for you, one needs to ponder various questions repeatedly. These questions will help you get a clear idea about what you want from MBA and which college will help you achieve that.
If the answer to it is yes, then analyze the reports of these institutes to find where each one of them stands. Looking at average CTC is not the right way and is in fact misleading.
Other things you should consider before choosing a B School are
One thing you should keep in mind is that brands are just a stepping stone in your career journey and not the main factor. These institutes have been able to establish the brand name mainly because of where their alumni have reached now. So brands are helpful in the short run only.
You should choose IIM Calcutta. It is better in terms of peer group, faculty profiles, ranking across the country and abroad, location, alumni base, and placements. You will get better opportunities at IIM Calcutta.
As per the recent statistics, IIM Calcutta placements for the sales and marketing sector are pretty good. Almost 14% of students received placements in General Marketing and Marketing sector. The average CTC offered by the companies in this sector is INR 29 LPA.
IIM Calcutta also has a better brand value compared to IIM Lucknow. In the long run, you can benefit a lot from that.
To talk about the academic side, brush your knowledge that concerns marketing concepts, banking jargon and current affairs. Also, if the interviewer comes up with certain personal questions, make sure you answer them honestly.
I'd like to share my sister’s experience here with you. Her IBPS SO Marketing exam was conducted in Andhra Pradesh Apex College, Hyderabad. She reached the location on time. Make sure you do that too. Document verification takes place after that and after half an hour or so, her turn for the interview came. There will be other candidates along with you and they'd be allotted different serial numbers. You've to be a little patient in case your serial number comes up a little late.
The interview lasted for ten minutes. The panel consisted of 5 members, 4 male and 1, female.
The questions they asked included the following:
And with this, thanks was greeted and with a smile, she was told to leave. She was clueless about the results considering her experience, a miracle can only save her.
The general campus life at IMT Ghaziabad is pretty hectic for first-year students. Right after you join, the Personality Development Program is conducted by the seniors. After this, the committee selection process begins. College life is extremely rigorous and includes fest management, mess, seniors placements, and internships. You have to manage and prioritize all such activities altogether. You learn to manage your time, face tight deadlines, and maintain your emotional stability throughout.
Some other aspects of life at IMT Ghaziabad are
The Indian market has been witnessing an increase in demand for jobs where MBA graduates have a great variety to choose from.
When it comes to placement in JBIMS for Marketing students, you can expect a good number of offers from big companies in various sectors. Around 40% of the offers are made by companies in the Pharma and FMCG sectors, including big names like HUL, P&G, Nestle, Britannia, Mars, Abbott, Cipla, and Sandi. The Telecom sector also offers roles in sales and marketing, with companies like Vodafone and Idea having a strong relationship with JBIMS due to a strong alumni presence.
In the Technology sector, firms like Google, IBM, Hexaware, and Infosys offer profiles in IT consulting and international and Indian sales. The Automobile industry also offers roles in sales, with companies like Tata Motors, Hero Motocross, and Baja Auto contributing around 8-10%. Conglomerates like RIL, Raymond, Tata Steel, Samsung, and L&T offer around 10% of the roles for marketing students.
It is important to note that around 50% of the total batch gets placed before the final placement, which is called a Pre Placement Offer. Hence, performing well in your summer placements is crucial.
The average salary for JBIMS Marketing students increased by more than 20% as compared to the previous year, reaching INR 27.63 LPA in 2022. The median CTC was INR 26.48 LPA, and the highest salary offered was INR 42 LPA. During the placement drive, consulting companies played a dominant role, with major recruiters including Deloitte, EY, PwC, Accenture, Infosys, KPMG, and many more.
Choosing the right business school can be a tough decision, especially when you have multiple offers to choose from. Below is a table comparing these colleges on different aspects;
Aspect | Goa Institute of Management (GIM) | Birla Institute of Management Technology (BIMTECH) | Xavier Institute of Social Service (XISS) | (IMT Hyderabad) |
Specializations | General, Healthcare Management, Banking, Financial services & Insurance Management, Big Data Analytics | Marketing, Finance, Operations, etc. | Human Resource Management, Marketing, Finance, Information Technology | Finance, General management, Marketing |
Entrance Exam Accepted | CAT/XAT/GMAT/CMAT | XAT/CAT/CMAT/GMAT/MAT | CAT/XAT/CMAT | CAT/CMAT |
Fees | INR 18.5 lakhs | INR 13 lakhs | INR 8 lakhs | INR 13 lakhs |
Highest Salary | INR 60.4 LPA (International) INR 55 LPA (Domestic) | INR 23.43 LPA | INR 20.50 LPA | INR 20 LPA |
Average Salary | INR 14.87 LPA | INR 11.25 LPA | INR 9.40 LPA | INR 7.64 LPA |
Top Recruiters | Infosys, Deloitte, IBM, Axis Bank, Infosys, Genpact | ADP, Wipro, E&Y, Deloitte, KPMG, Kantar, Yamaha Motors | HDFC, ICICI Bank, Deloitte India, EY, Emami, MTR Foods, etc. | Goldman Sachs, Amazon, Deloitte, D.E Shaw, Berkadia, Guardian Capital, Tresvista Financial Services |
Ultimately the decision is up to you, as it will depend on your goals, preferences, and any constraints you might have. Hope it helps, choose wisely, All the best!