You should definitely go ahead with MITCON without giving it too much thought. Placements at MITCON are quite great, with decent salary packages.
It offers a PGDM course, so the syllabus is not outdated and nor restricted. There are quite a few guest lectures organized by extremely qualified professionals that will surely help you in some way or the other.
As far as PUMBA is concerned, it is definitely a brand in itself for a regular MBA but you will have to ask a student that goes there. However, the Pharma and Agriculture PGDM courses at MITCON are much better. You will have good Pharma placements at MITCON. PUMBA on the other hand offers decent placement across various domains.
So, choose according to your convenience.
For MBA ++, if you are from Maharashtra, then you need to attempt and clear the MH-CET exam. For outside Maharashtra students, CAT/MAT/ATMA/XAT/MH-CET scores are accepted.
In order to pursue Pharma MBA, you need to complete your graduation from either of the courses Biology, Chemistry, Biochemistry, Biotechnology, Botany, Environmental Sciences, Physics, Zoology, Agriculture, Ayurveda, Medicine, Technology Engineering, etc.
You need to pursue any of these courses from any university that is recognized by the Association of Indian Universities (AIU). In addition to this, you also need to attempt and clear ATMA.
I have friends at both institutes. In fact, they were a big help in regards to answering this question. Here is some of the information I got from them.
NL Dalmia is generally well known for its MMS Finance branch. Among NL Dalmia and PUMBA, the former should be better for an MMS. Here’s why.
Here are the latest placement highlights of both institutes. Take a look.
Institute |
N.L Dalmia (Mumbai) |
PUMBA (Pune) |
Average CTC |
INR. 9 LPA |
INR. 6.43 LPA |
Highest CTC |
INR. 24 LPA |
INR. 16.5 LPA |
Top Recruiting Companies |
BCCL, Citi, Crisil, Deloitte, Bank of America, Asian Paints |
Aspect Ratio, AutoNinja, Bajaj Allianz, Bajaj Finserv, A1 Fence |
Put simply, N.L Dalmia is basically well known for its program of MBA Finance, while PUMBA is typically well reputed for various IT companies visiting the campus for placement offers. So, choose wisely.
It depends on your perspective. You will get the best ROI in PUMBA but, here I would like to throw some light on certain other factors that you need to know.
Average CTC |
6.43 LPA |
Highest CTC |
16 LPA |
Major recruiters |
HDFC Bank, CitiBank, TCS |
The infrastructure on PUMBA is amazing. You will surely love its scenic beauty.
Due to its government institute status and government support, PUMBA has lower tuition than other B-schools. This lowers tuition fee, making it an affordable MBA program.
PUMBA students can pay fees in installments and get a strong return on investment (ROI). The laid-back atmosphere lets students pursue interests and extracurriculars. The typical crowd and learning experience are negatives. PUMBA is better for freshers than experienced professionals and lacks a Training and Placement Office (TPO), which may impair placement quality.
For Finance, PUMBA is superior because it is a college that its students entirely drive to. Students here bring the businesses to campus themselves and plan and run all of the events. Thus, students receive training in prospecting, public relations management, and other related skills. Additionally, IIM A faculty members teach financial management courses at PUMBA.
The average package for PUMBA and SIES is nearly identical and ranges between 7.5 and 8 lakh.
When it comes to fees, PUMBA costs 1.3 lakhs for two years. SIES costs more than five lakhs in fees. Regarding lodging, PUMBA offers hostel services for just Rs.4500 annually. SIES doesn't have a hostel of its own.
Direct admission to PUMBA (Department of Management Sciences, University of Pune) is not possible as per their admission guidelines. PUMBA offers admission to its MBA program through a centralized admission process based on the scores of MAH CET (Maharashtra Common Entrance Test), CAT (Common Admission Test), CMAT (Common Management Admission Test), or GMAT (Graduate Management Admission Test).
As you have mentioned that you scored a very low percentile in MAH CET, you may still have other options to consider. See if you have enough CAT or GMAT score. Firstly, you can try for other MBA colleges which accept admission through other entrance exams or even direct admission. Secondly, you can opt for a job or take up some relevant work experience for a year or two and then apply for an MBA later.
Explore all possible options before making a decision. You can also contact the admission office of PUMBA for more information regarding their admission process and eligibility criteria. For better reference check the table below;
Course Name |
Eligibility |
Accepted Exam |
MBA |
Graduation in any discipline with 50% marks (45% for reserved categories) |
MH CET – For Maharashtra candidates |
MBA Pharma-Biotech |
Bachelor’s or Master’s degree in Sciences with 50% marks (45% for reserved categories) |
ATMA |
Executive MBA |
Graduate in any discipline from UGC/AICTE/AIU recognized University/Institution with 50% marks (45% for reserved categories) AND minimum 3 years of experience at managerial / Executive level |
University’s Entrance test |
BBA |
Intermediate Graduate in any stream with 45% marks (40% for reserved category) |
First of all, congrats on that percentile. Since the cutoff is 98-99+ and you are from the general category, unfortunately your percentile is not enough for PUMBA. Using your CET score, you can still apply for PGDM courses in different NL Dalmia, Wellingkar, KJSIMSR Mumbai, XIMR Mumbai, and Chetana institutions.
Based on the available data and rankings, SIES is a better choice than PUMBA in terms of academic excellence, campus infrastructure, faculty, and placements. SIESCOMS is accredited by the National Board of Accreditation (NBA) and has been ranked among the top 100 B-Schools in India by NIRF (National Institutional Ranking Framework).
SIESCOMS is known for its strong industry interface and focus on research. PUMBA may not be suitable for experienced professionals, as it is said to be a place for freshers. The learning experience at PUMBA may also not be as rigorous as some of the top B-schools in India. It’s especially true if a student is looking for top-notch placements and a rigorous learning experience, which is why SIES is the better option out of the two.
If the number of available seats for admission in PUMBA remains 180 for the next academic year, then there is a very strong possibility that you might get admission into PUMBA until the 3rd CAP (Centralized Admission Process) round.