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Is BIMM Pune the best for finance?
BIMM Pune is a great option for an MBA in finance. In fact, the college offers several specializations for MBA and all of them are great. BIMM Pune is one of the most prestigious private business schools accredited by AICTE. The college was ranked 11th amongst Top Management Institutes by Times B- School and ranked 49th amongst the Top Business Schools by India Today.
Important details about the MBA program at the institute are given below.
|
Category |
BIMM Pune |
|
Entrance |
CAT/XAT/MAT/CMAT |
|
CAT Cutoff |
70 percentile |
|
Intake |
420 |
|
Fees |
Rs. 8.45 Lakhs |
Placements:
BIMM has a robust campus placement cell that invited over 300 companies this year.
- Top recruiters are Kansai Nerolac, Infosys, Henkel, Vedanta, HDFC Bank, Wipro, TAFE, GATI, Cargill, and more.
- The college recorded a 95% placement rate for 2020.
- The highest CTC offered was INR 14 LPA and the average CTC offered was INR 6 LPA.
BIMM is one of the best business schools in Pune. It is a great college for an MBA in finance, the college provides a multitude of opportunities in terms of exposure, placements, and internships.
Which is better for finance, IMT-G, TAPMI or KJ Somaiya?
From the above-mentioned management institutes, TAPMI and IMT-G are good for Finance. Given below is a brief comparison of the three institutes.
|
Criteria |
TAPMI |
IMT-G |
KJ Somaiya |
|
Course type |
PGDM |
PGDM |
MBA |
|
Accreditation |
AICTE, AMBA, AIU |
AICTE, NBA |
NBA, UGC, AIU |
|
Total course fee |
14.3 lakhs |
17.50 lakhs |
14.93 lakhs |
|
CAT cutoff |
80 |
90 |
86 |
|
No.of seats |
60 |
60 |
60 |
|
Average salary package (per annum) |
12.7 lakhs |
13.16 lakhs |
10.08 lakhs |
|
Recruiters |
Accenture, Amul, HDFC, Citi Bank, HCL, Deloitte, KPMG, etc. |
Aditya Birla, Airtel, ITC limited, Bisleri, Amazon HDFC, etc. |
Citi Bank, Alliance tire group, Dell, Cisco Systems, CROPA, etc. |
TAPMI offers excellent infrastructure for Finance. There is a separate laboratory that provides real-life hands-on experience. It also offers good core placement in the finance sector due to its close proximity to Mumbai. IMT-G considered having the best facility and better faculty profile than any of the good B-Schools in India. Also, IMT-G has a better placement record than TAPMI and KJ Somaiya.
The placement record at three of these management institutes is quite impressive and especially at IMT, they offer an average salary of up to 13.16 lakhs per annum whereas in TAPMI the average CTC is about 12.7 lakhs p.a. KJ Somaiya provides an average salary package up to 10.08 lakhs p.a.
Can you tell me about the MBA finance at IILM Lodhi Road, and its placements?
IILM Lodhi Road offers a great opportunities in MBA Finance. The faculty members have backgrounds in Academics and industry. A few of them are also CA and CFA professionals. The institute offers good learning opportunities with blended learning methods, and experimental stimulated industry learning.
As per the IILM Lodhi Road MBA Placements, Banking and E-Commerce sectors had placement rates of 26% and 21% respectively. Companies like E&Y, BAIN, Deloitte, TCS, etc. visit the campus. Private banks and asset management companies also take part in campus placements.
Which is better for Finance - IIM Indore or XLRI (BM)?
Without a doubt, XLRI Jamshedpur BM takes the overall lead in this comparison. Certainly, the opportunity cost is losing the IIM brand, but when one is an XLRI alumnus, they also stand tall. There are factors that place XL above IIM Indore, which one will realise once they pass out of it. It has a more than 70-year history and a large alumni base.
Furthermore, it has an excellent faculty and all students here are of merit without any reservations, which will provide you with a highly competitive environment and excellent peer learning.
Which is better, BIMM Pune or XIME Bangalore for finance/operations?
Both colleges are private institutions and are considered amongst Tier-2 colleges for an MBA degree. We look at this exhaustive comparison through bullets and tables to compare the two.
|
Pointers |
BIMM |
XIME |
|
Total Fees (2 Yrs.) |
8.45 Lakhs |
10 Lakhs |
|
Rankings (Business Today) |
46 |
56 |
|
Companies Visiting |
Adani, Amazon, Deloitte, HCL, ICICI, Capital First etc. |
Accenture, KPMG, Deloitte, Muthoot, Godrej, etc. |
|
Overall Placement Rate |
95% |
94% |
|
Avg. Salary Offered |
6 LPA |
6.5-7 LPA |
|
Hostel Availability |
Yes |
Yes |
|
No. of Seats |
120 |
180 |
|
Closing Percentile |
N.A* |
CAT- 70%ile MAT- 85%ile CMAT- 80%ile |
*The college does not judge students on the basis of the score granted by any entrance exam. Hence, no cut off score.
Eligibility: A graduate from a UGC recognized university with 50% marks is eligible for admission to the course at both the places. Plus, the score of any exam from CAT/ MAT/ XAT/ CMAT is considered.
Admissions Process: A shortlist is prepared of candidates with a valid score in any exam amongst CAT/MAT/XAT/CMAT in both the colleges. The GD+Essay Writing followed by Personal Interview after the shortlist completes the process. BIMM also accepts the score of MAH CET and XIME considers ATMA and GMAT scores.
Course Curriculum: Following the pattern of London Business School with emphasis on producing industry ready candidates, BIMM appears appealing. At the same time, positive reviews regarding Academic engagement at XIME presents the curriculum in a bright light.
Other: The location of XIME being Bangalore, it claims being accessible to giants in the industry, thus ensuring better placements for students. As far as 'Student Life' is concerned, less focus on extracurricular activities, presents XIME in a bad light compared to BIMM.
To conclude, with a low RoI, XIME here seems to fall short in comparison to BIMM but covers up in academics and faculty.
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.
Why do most chartered accountants fail in the finance courses at IIM Ahmedabad?
Some Chartered Accountants or commerce graduates may have struggled with final courses at IIM Ahmedabad, possibly because the courses are far too advanced and specialized (such as financial engineering subjects), or because IIM A likes to surprise students in a variety of ways.
However, this is a rare case. This does not happen very often.
Which is better to join for finance considering the profiles offered, ROI and placements -NMIMS, DFS DU, SIBM, or NEW IIMS?
Considering the job profiles offered, ROI, and placements, DFS DU will be a better option for Finance. It is a well-known name in the Finance industry. DFS has been providing proficient and dedicated Finance professionals to the industry for the last three decades.
It is not a residential program. You will get ample time to take part in extracurricular and other activities. DFS has many clubs and committees that you can take part in.
Major recruiters from the finance sector such as Arcesium and DE Shaw take part in the campus placements. According to the recent highlights of DFS Delhi placements, the highest CTC offered for Finance job roles is around INR 26 LPA.
I have converts from IIM Trichy, Rohtak, Udaipur and Raipur. Which one is the best for a finance guy?
IIM Trichy and IIM Rohtak are superior to Udaipur and Raipur.
Because of their location, the former two IIMs have an advantage over the latter two. One is close to a prestigious engineering college, while the other is a short distance from the capital.
In the 2020 National Institutional Ranking Framework (NIRF) management school ranking, IIM Trichy was ranked 15th. Goldman Sachs offers INR 21-23 LPA; JP Morgan offers INR 21 LPA; Axis Bank offers INR 18-20 LPA, and ICICI Bank offers INR 20-22 LPA.
IIM Rohtak is also a good option for a Finance MBA. It has a favorable environment for Finance specialization. The institute has a strong faculty. The student population is competitive. You will be in classes with gifted students. The peer group is also quite diverse. There are people from various academic and cultural backgrounds present.
I have converted both IMT and TAPMI. Which college is better for Finance?
IMT marketing is great, but TAPMI is famous for its finance program. Bloomberg Lab benefits TAPMI financial students. In 2014, Bloomberg created the State-of-the-Art Finance Lab with 16 terminals with BSE and NSE data streams, along with 7 Thomson Reuters terminals. Students learn forecasting, risk management, investments, and global financial management. This lab bridges financial theory and practice by giving students real-world market experience.
Bloomberg is used in all first-year Finance courses and 60% of electives. The course material is top-notch, and the faculty—including the Director, a finance and marketing expert—are among the best in the nation. Most faculty members have Phds from top universities like IIMs and IITs. Finance students are envied on campus because they get the greatest final placements. Excellent profiles.
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