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What is the difference between 2 MBA programs (PGDM and GMP) offered by SPJIMR, Mumbai?
he PGCIM program, started in association with the Center of Indo-European Business Studies, co-financed by the European Union Commission - The ESB Reutlingen Track, has evolved over time with the addition of partner colleges from more countries. The program is more focused on International Management / General Management, whereas PGDM is the traditional MBA program offered by SP Jain Institute where you specialize in one of the following: Finance, Operations, Marketing, or Information Management.
If you choose PGDM, you will learn more about managing the finances, operations, marketing, and IT for a company. In contrast, GMP teaches you how to handle Business Operations of a company in an international setting, which requires you to learn subjects like International Business Law, International Trade and Finance, and International Economics. These subjects talk about how laws in different countries vary and what needs to be taken care of when doing business with a company from a particular country. In addition, subjects like Entrepreneurship and Management Consulting teach you about the factors that nurture a culture of Entrepreneurship at a country level and the art of facilitation for solving business problems.
One significant difference between the two programs is that in PGDM, you make a vast personal network of professionals in India. However, in GMP, you make a vast personal network of professionals across the globe, which is essential for International Business. Your extended network is bigger than you imagine in various ways, such as making a network with the students in the country you go to and your classmates who are your extended network in other countries. If you go to ESB Reutlingen, your primary network is going to be very diverse as Reutlingen University is the most international university in Germany.
Which is better for Marketing: SPJIMR or IIM Indore?
Marketing is a focal point at SPJIMR. The marketing faculty is brilliant and extremely enthusiastic about their subjects. The faculty is welcoming and open to discussions about current events. Some of the professors are from US universities.
The course comprises interesting projects, guest lectures from industry experts and alums, and workshops that will keep you busy all day. "Fieldwork" is given a lot of credit. There are enough role clarification sessions to give you a clear picture of what the Sales and Marketing roles entail. They have interesting concepts like "A Day in the Life of a Salesman," in which students shadow a salesman on the job, a Capstone project that gives you a comprehensive understanding of marketing, and so on.
The curriculum's best feature is that it is kept as current and relevant as possible. In fact, you might want to join the Marketing Area Committee during your first year to gain more experience in this field. Digital marketing is also taken very seriously in this company. The batch profile is extremely powerful. Many of them have come from core sales/advertising roles, and their contributions to the class are significant. The good news is that we have "Autumn Internships," so by the time we have to interview for companies, we have a good idea of what the roles entail and where we want to go. Marketing Batch placements are also good.
Which is better between SPJIMR Finance and IIM Lucknow? Why is SP Jain always compared to IIM Indore, Kozhikode but not IIM Lucknow?
SPJIMR is superior to IIM Lucknow. Of course, IIM Lucknow is a larger and more well-known brand, but the program and course structure at SPJIMR is excellent. They have an updated curriculum that is in line with industry demands.
The small batch size is a significant advantage at SPJIMR. The student-teacher ratio is favorable, and interaction between the two is required. They have ethics-based learning, a rural internship program with an NGO, and a 3-week course for the entire batch at top business schools in the United States. All in all, it is a well-designed course. Because of the Batch size advantage, the average placements are also better. After all, placements are important. But it all comes down to personal preference. You could make a reference to a larger brand. Non-MBAs/aspirants may be unaware of the opportunities available at SP Jain. However, you can rest assured that your MBA journey at SPJIMR will be fruitful.
What is the admission process of SPJIMR, Mumbai?
SPJIMR has a unique approach to candidate selection, where calls are given based on the applicant's overall profile, including past academic scores, extracurricular activities, leadership skills, and other factors. More than merely achieving a certain percentile is required to guarantee admission, and even candidates with 99+ percentiles can be rejected. Shortlisting is based on evaluating profiles, and applicants are sorted into two groups: Profile-based and Profile-cum-Score-based.
Candidates are then evaluated on various factors, such as academic background, work experience, entrance scores, versatility, and achievements, to determine their suitability for admission.
After the initial shortlisting, applicants must fill out a more descriptive form. To avoid scheduling conflicts with other business school interviews, it is recommended that applicants take advantage of this opportunity and attend the interview.
The selection process involves a psychometric test, a group interview 1 focusing on academic qualifications, work experience, and extracurricular activities, and a group interview 2 assessing candidates' values and ethics. Honesty and confidence are crucial for success, as any attempt to fake it will likely be detected.
How is the Information Management Course at SPJIMR?
If you're interested in the IM specialization at SPJIMR, you'll learn that it's a unique blend of IT and traditional business. This intersection is the foundation of most of the course content, which will equip you with the skills necessary to succeed in this field.
The companies that hire graduates from this specialization are diverse, ranging from technology giants like Microsoft and e-commerce companies to traditional businesses that are integrating IT systems and consulting firms.
While work experience is not a strict requirement for admission into the program, it's important to note that your chances of landing a job in this field without any work experience are limited. To increase your chances, it's recommended that you have between 1.5 to 3 years of work experience in a related field. This will help you stand out during the recruitment process and make you a more desirable candidate for potential employers.
How are the placements for SPJIMR finance?
Consulting firms were a popular choice among students, with over 38 percent of the batch being placed in this field. Additionally, more than 21 percent of the Finance Management batch landed roles with Investment Banking and Private Equity firms. The finance domain saw the participation of both domestic and international companies, offering roles in analytics, wealth management, and private banking. In fact, around 20 percent of the Finance batch received offers for Investment Banking and Private Equity roles, which is a record high for the cohort. Prominent recruiters like Avendus Capital, Axis Capital, GEF Capital, Goldman Sachs, and JM Financial rolled out multiple offers to candidates.
Another noteworthy aspect of the placements process was the participation of E-Commerce industry leaders like Amazon and Flipkart. About 12 percent of the batch received offers from these companies, with roles across domains such as Supply Chain and Operations Management, Finance Management, and Management Trainee being offered to students.
Overall, the placements process at SPJIMR in 2022 was impressive and offered students a wide range of opportunities in various domains. If you're considering SPJIMR for your business education, you can be assured of a strong placements process that provides ample opportunities to kickstart your career.
What are the placement prospects of doing an MBA in IM from SPJIMR?
The IM Major at SPJIMR, Mumbai provides a diverse range of career opportunities that are categorized into several different tracks. These include:
- General Management Roles - As the name implies, these roles are in the general management sector of companies and are open to all, regardless of specialization.
- Consulting Roles - Consulting roles are further divided into several sub-categories. Management consulting involves working with clients to solve their general business problems. Roles in Mergers and Acquisitions, Deal Value, and Technology Consulting, specifically in Technology Strategy, are available and open to all. There are also niche roles in procurement and supply chain consulting.
- Product Management Roles - Product management is one of the most in-demand roles for IM students. This field includes product management, technical product management, and program management, and is available in industries such as e-commerce, banking, and supply chain.
- Technical Sales/Pre-Sales - These roles combine sales and technical skills to sell technology products and/or services.
- Corporate IT Roles - Corporate IT roles are internal consulting roles within companies, especially in the FMCG sector, and focus on delivery management and project management.
- Project Management Roles - Some companies also offer roles in project management, making this a niche field.
Which is better, IIM Kozhikode or SP Jain Mumbai?
SP Jain Mumbai is better than IIM Kozhikode, especially for marketing. IIM Kozhikode has a huge batch strength, so the deviation between the highest and lowest salary packages is higher. This is not the case for SP Jain. As it has a compact batch size, each student gets fair opportunities in placements. SP Jain placements have been pretty good over the last few years. During the 2022 placement drive, students received an average CTC of INR 30 LPA.
How good is SPJIMR?
There are a few things to keep in mind before joining SPJIMR. Firstly, SPJIMR is one of the top 10 b schools in India, with a strong faculty and a prime location in Mumbai. Being located in Mumbai has its advantages, especially when it comes to placements.
When it comes to comparing SPJIMR to other business schools, the actual comparison would depend on various factors such as specializations and the schools being compared. However, it's worth noting that SPJIMR had a fantastic final placement season for its PGDM batch of 2022. The median salary saw a 20 percent jump, and the average salary increased by 23 percent for the graduating batch. The highest salary offered was over 53 lakhs, and nearly 9 out of 10 students received offers of at least 25 lakhs.
The placements process saw the participation of prominent companies such as BCG, Bain, Goldman Sachs, American Express, Amazon, TAS, HUL, Nestle, and the Mahindra Group, among others. This reflects the strong reputation that SPJIMR has among recruiters and the business community.
Overall, you can be assured of a strong placements process and ample opportunities to kickstart your career. With a prime location in Mumbai and a reputation as one of the top b schools in India, SPJIMR is a great choice for those looking to pursue a career in business.
Should I go for a GMBA from SP Jain, opt for an M.Sc in Business Analytics from Essex University in the UK or pursue an MBA from Australian National University?
The three educational institutes and subjects and programs are quite diverse in nature and lead to distinct outcomes. Here are a few factors that you should consider while choosing between these three options.
GMBA from SP Jain:
SP Jain or SPJIMR is a leading management institution in India. It is accredited by AMBA and AACSB. It is ranked 18th (Management) by NIRF Rankings for 2020. It is ranked within 151st in Global Full-Time MBA by QS rankings.
Admission:
GMBA or Global MBA is a 2-year professional postgraduate program focusing on theoretical and practical aspects of domestic and global markets and business.
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Students are granted admission on the basis of the entrance, GD, and PI.
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The tuition fee ranges from INR 17.5 to 19.9 LPA.
Placements:
Top job sectors include academia, healthcare, hospitality, retail, etc.
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Graduates are employed as Marketing Executives, Business Analysts, lecturers, etc.
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122 recruiting companies such as McKinsey, Microsoft, Amazon, Goldman Sachs, etc participated in the placements.
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The highest and average packages offered were 51 LPA and 26.36 LPA, respectively.
Facilities offered by the institute include a cultural center, IT center, jogging tracks, library, etc
M.Sc in Business Analytics from Essex University:
Essex University is ranked 370th in the QS World University Rankings and 251-300th in The World Rankings for the year 2020.
Admission:
M.Sc. in Business Analytics in the UK is a one year program and is a beneficial course to pursue due to its demand, career growth opportunities, lower tuition, higher salaries, etc. Admission is granted to international students who fulfill all the relevant criteria.
Placements:
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Potential job roles include business, operation, and strategy analyst, consultant, etc.
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The starting salary of business analytics graduates is around 60,000 GBP, i.e., INR 58 LPA.
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The main campus provided 2,290 jobs in 2018-19.
The university has 3 campuses with libraries, a sports arena, fields, and courts, theatre, shops, etc.
MBA from Australian National University:
Australian National University ranked 31st in the QS World University Rankings.
Admission: MBA is a 2-year professional Management program, admission is granted to international students who fulfill all the relevant criteria.
Placements:
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Graduates work as accountants, HR, and general managers, marketing managers, product executives, etc.
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ANU MBA graduates are offered an average package of 90,000 to 1,00,000 AUD.
The university has multiple campuses with libraries, labs, cafes, healthcare centers, housing, etc.
Therefore, students must thoroughly compare all three institutions and programs carefully before choosing one.
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