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What's the basic difference between PGDM and an MBA? Is PIBM a good institute to opt for a PGDM?

SB
Susmita Bose Posted On : June 27th, 2021
MBA PGDM in Marketing & Marketing, Pune Institute of Business Management (2020)

MBA degrees are provided by a university. While PGDM degrees are offered by recognized institutes. This is the fundamental difference between these two degrees. There are other differences as well, such as the following.

  • PGDM is approved by the AICTE, while, MBA is approved by the UGC.
  • While PGDM is mainly practical oriented, MBA is mostly theoretical based.

And to answer your next question, yes, PIBM is a good institute for pursuing a PGDM degree.

PIBM:

  • PIBM has the approval of NAAC, AICTE, and is further recognized by the Pune University. In NIRF’20 it is ranked 76th for MBA nationally.
  • PIBM offers various specializations that are in demand currently such as Marketing, HR, Finance, Business Analysis, and Digitel Marketing.
  • The average package is around 6 LPA and as far as the highest package is concerned, it went up to 16 LPA, according to recent placement highlights.

Hope this answers your question.

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What is the good choice for doing MBA/PGDM in between IISWBM & PIBM?

AS
Anusha Sircar Posted On : July 7th, 2021
Studied at FTII Pune, (2019)

It might not be appropriate to compare colleges, as you should have faith in your skills and improve yourself to get into the college you desire.

One of my sisters studied at PIBM, so I might be able to share some facts about PIBM. But as I do not have any information about IISWBM, I suggest you connect with the students studying there and check out their reviews about the college and then finally decide which one to join.

  • PIBM as a college is more inclined towards imparting practical knowledge. Activities like internships, seminars, industry visits, mock interviews, live projects, aptitude tests, etc.
  • They encourage personality development and train students to face interviews.
  • PIBM stands out due to the hard work, they put in the students.
  • The faculties are well experienced and ready to guide students. This student-teacher relationship is the stronghold of PIBM.

It is suggested you review both the colleges before settling on a decision. As the branch you select will shape your career ahead and a good college can provide you with the extra push.

Categories IISWBM PIBM
Course Fee 6 lakh 7.95 lakh
Highest CTC 10-15 LPA 12 LPA
Average CTC 5 LPA 6.5 LPA
Recruiting Companies Flipkart, Tata, Dell, Crisil, etc. TCS, Accenture, KPMG, Berger, etc.
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Which is better in all aspects, PIBM or Sinhgad Institute of Management?

SM
Sushmita Mondal Posted On : July 7th, 2021
Studied at Pune University (2019)

PIBM, Pune, and Sinhgad Institute of Management are some of the top reputed B-schools in India. Both the colleges mentioned above have their own advantages and disadvantages but it entirely depends on your capabilities.

However, if you have to choose a college, go for PIBM. For my sister’s admission, we visited both colleges but she was not satisfied with the curriculum. Hence, if you want to look at the colleges at the same level, you can opt for the following colleges:

  • Pune University (PUMBA) - It has the lowest fees for which the ROI will be good. PUMBA has an excellent faculty.
  • Indira Institute of Management Pune - It has an amazing brand value. The companies participating in their placement drive offered an average salary package ranging from 8-9 LPA.
  • PIBM and Sinhgad - Both are good colleges but their fees are comparatively higher than usual. ROI is average. As the salary package offered ranges from 3-4 LPA.

Finally, it is up to you and where your preferences lie. Make a list of what you are looking for in a management college, compare them, and then come to a conclusion. This choice will shape your career ahead.

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What is the internship status at PIBM, Pune? What is the amount paid by them at the time of intern (both WIP.SIP)?

AR
Ashutosh Rane Posted On : June 29th, 2021
former Batch Incharge and Asst.Professor at Pune Institute of Business Management

One of my friends is a student of PIBM Pune. According to him, an internship's purpose is not about earning only money.

  • They are a connection that connects the academic and the corporate world.
  • When you choose your internship, keep the nature of work in mind. You should know what profile you are applying for.
  • Your focus should be on adapting to the corporate culture. You have to understand what skills are required to excel in a particular field.
  • You also have to focus on networking and reaching out to people.

While in an internship if you are receiving an amount of money for your work, it is obviously good. But it is not only about the money. Internships are mainly your first step to the corporate world and their functions. Acquiring skills are most important, which will later help you in life.

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Which is the better college in both PIBM Pune and SIBM Pune in terms of placement, academics, and fees, structure-wise as well?

DS
Deeksha Seth Posted On : June 28th, 2021
Studied at IIM A (2018)

PIBM Pune provides a strong foundation for a master’s degree in management. One of my close friends studied at PIBM Pune. According to him, most of the colleges in India focus on theoretical knowledge, but PIBM has a practice-based approach.

  • The Pune Institute of Business Management offers a strong foundation for people intending to pursue a master’s degree in management.
  • From the practical knowledge point of view, PIBM Pune is one of the best colleges in India to pursue a Master's degree.
  • PIBM gives students the opportunity to do two internships. PIBM also holds corporate events that bring in industry experts.
  • In addition, PIBM also conducts corporate events.
  • There are good companies here too, and they pay well too (i.e. 6-17 LPA depending on your performance).

Categories

PIBM Pune

SIBM Pune

Course Fee

7.95 lakh

17.26 lakh

Highest CTC

21 LPA

25 LPA

Average CTC

17-18 LPA

18 LPA

Recruiting Companies

Infosys, Mindtree, Nestle, Berger, etc.

Asian Paints, KPMG, Reliance, Loreal, etc.

PIBM has a strong foundation, as it has been in the business for a long and nurtures management leaders. PIBM offers a theoretical approach as well as a practical approach, and students are exposed to both facets of management.

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Which college is better, PIBM Pune or SBS Ahmedabad?

NS
Neelu Singh Posted On : July 8th, 2021
PGDM Marketing and Finance, Pune Institute of Business Management (2019)

Among the above two institutes, PIBM Pune is a better choice for students interested in an MBA degree. The points below give a brief overview of PIBM Pune and its advantages, which would justify the choice made between the two.

  • Most of the faculties present in the institute are experienced in their respective fields. All of them deliver actual knowledge to the students and support them a lot during their preparation.
  • The corporate exposure in PIBM is too good to be sufficient. You will be able to do your winter and summer internships in good companies for experience and pre-placement offer opportunities. You even get to participate in live projects as well. The overall practical experience and knowledge gained in PIBM are high.
  • PIBM Pune believes that you need to start your preparation from the very first day of the course, in order to gain utmost success. So, there are separate aptitude training sessions and communication classes for the first year of college.
  • The final placements are also excellent in terms of the number of companies visiting the campus for placement. There are over 600+ recruiters who have visited PIBM to date. Some of them include Deloitte, Tata Housing, Google, Amazon, Hero Cycles, Wipro, ITC Limited, HUL, Dabur, etc.

Considering the above points, it is evident that PIBM Pune is an excellent choice for students, providing several opportunities in multiple fields of business.

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How is PIBM for finance placements?

MB
Mainak Bhaumik Posted On : July 8th, 2021
PGDM, PIBM (2018)

Without any doubt, PIBM is one of the best colleges in India for management. It offers an AICTE approved PGDM course. It also offers an MBA program in affiliation with Savitribai Phule Pune University.

  • It provides placement training where they give complete experimenting learning, profile building, and even SCPS approach (Sector, Company, Product/Service).
  • For Finance, they offer proficiency enhancement training and certification in curricular like Bloomberg Terminals, Ace Analyzer, Advance Excel, Balance sheet analysis, Finance modeling.
  • The college offers industrial experience as well through summer and winter internship programs, and live projects.
  • Many companies like Wipro, ITC, Deloitte, etc. come to the placement drive for recruiting. The average package offered to the students in the recent placement drive of 2021 was INR 6.5 LPA, placing 550+ students.
  • The job profiles offered are in Investment Banking, Equity Research, Corporate Finance, Commercial Credit, Finance Quality Management, Treasury Management, etc.

PIBM is one of the best institutions offering many opportunities along with wonderful placements for finance. So if you are interested in applying, grab the opportunity.

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What will be the better choice for marketing, BIMM or PIBM? Why?

VL
Vidit Lakhra Posted On : July 26th, 2021
MBA Marketing, Pune Institute of Business Management (2020)

For an MBA in marketing, PIBM is definitely a better option than BIMM. The points below state some of the key highlights of PIBM, along with some advantages and disadvantages of both the institutes, which will support the choice.

  • PGDM from PIBM is a much better choice than that of BIMM, having a guarantee of a secured future after passing out of the institute.
  • PIBM provides the best available training in separate sessions, which is one of the most vital aspects required to get a good placement in MNCs. In such training sessions, every individual is mentored with utmost care and personal assistance methods.
  • Guest lecture sessions are organized by the institute in which mentors from the corporate world visit and guide the students.
  • Throughout the sessions, you will be made to go through several Industrial visits, winter and summer internships, live projects, and assignments. This will offer proper practical knowledge, be interactive, and have good exposure to the corporate world.
  • Various students have been offered PPOs by top companies. In the in-campus placement, every student in PIBM is easily placed, being well trained through the mock GD and PI classes.
  • PIBM does not maximize seats in its batches. The total number of seats available in the institute is limited, which decreases the competition in placement. Due to this low competition in placement, students need not work hard for their preparation.

Talking about BIMM, there are some disadvantages that make it the less preferred option among the two. The main problem faced is the batch size, which is huge. There is a lot of competition in the placement of BIMM just because of this reason. The faculties in BIMM do not pay as much personal attention as required for individual students. This is also an effect of the huge batch size.

Therefore, considering all the points stated above, it is clear that PIBM is definitely a better choice, having a much better training facility and placement than BIMM.

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Which college is better: NIBM, Pune or PIBM, Pune?

KS
Kathakali Sengupta Posted On : November 4th, 2020
Post Graduate from Pune Institute of Business Management (2020)

NIBM and PIBM are both considered among the best colleges for MBA. With the well-versed diversity and well-facilitated campus, both the colleges are in a league of its own.

Rankings:

  • PIBM is a good college with a NIRF 2020 ranking of 76-100 and ranked as 34 in Times 2020.

  • NIBM is one of the best colleges in India and is ranked above 100 by NIRF.

Courses:

PIBM:

  • PIBM offers a full-time PG Diploma in Management program (PGDM) and 2 different courses in MBA.

  • The course fee is about 8 Lakhs.

NIBM:

  • NIBM offers a full-time PG Diploma in Management program (PGDM) in Banking and finance.

  • The total fee for the course is about 7 Lakhs.

Admissions:

PIBM:

  • PIBM is AICTE approved and accepts the admission of graduates above 50% score and the 10th 12th score should also be above 50%.

  • Admission for the courses is done based on the score for CAT/CMAT/XAT/PMAT/MAT/ATMA.

  • The cutoff score of MAT is 94+ Percentile, cut off score of CMAT is 94+ percentile, and the cutoff score of CAT is 60 percentile.

NIBM:

  • NIBM is also AICTE approved and accepts the admission of graduates with above 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 WAT and PI.

  • The cutoff score of MAT is 94+ Percentile, cut off score of CMAT is 94+ percentile, and the cut-off score of CAT is 80 percentile.

  • There is an availability of 120 seats for admission.

Placement:

NIBM:

  • NIBM Pune has a 100% placement record.

  • The highest salary offered was 14.5 LPA with an average salary of 9.44 LPA.

PIBM:

  • The highest salary package offered is 12 LPA.

  • About 80% of the students got placed before the pandemic situation, and for others, the process is still going on.

  • Companies like Deloitte, EClerx, Lake, Upgrade, Marico, Dabur, ITC, etc., visit the PIBM campus for placements.

Infrastructure:

NIBM:

  • NIBM has a self-contained campus with complete residential and educational facilities.

  • Labs and Wi-Fi facilities are available and maintained accordingly.

PIBM:

  • PIBM Pune provides all the necessary things, like a well-facilitated library and music room and well-maintained campus area.

  • Wi-Fi facility is available on the PIBM campus as well as in the hostel.

Both the institutes provide good opportunities regarding placements. There is a slight difference in the specialization of financial studies that are offered in NIBM which makes it considerably better than PIBM otherwise both are good choices for students.

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Between PIBM and IIEBM, which college is best?

GN
Gargi Nath Posted On : July 15th, 2021
Post Graduate from Pune Institute of Business Management (2020)

Between PIBM and IIEBM, the former is the better option. Here are some of the factors that make PIBM a great option for management courses.

Rankings:

  • It is accredited by NAAC.
  • NIRF Rankings 2020 ranked PIBM at 76 among top MBA colleges.
  • The Week 2020 ranked it 67 for MBA.
  • It was featured as one of the ‘Great Indian B-School’ by Forbes Marquee edition.

Academics:

PIBM employs practical-based methods to offer a new way of learning. Here you will learn how to implement the management theories in real circumstances, through case studies, live projects, internships, etc. PIBM has a great team of faculties from colleges and the corporate world.

Fee:

For a 2-years PGDM/MBA course, PIBM charges 7.65 lakhs.

Exposure:

PIBM is associated with 600+ MNCs and 550+ corporate heads. Each week it organizes corporate interaction sessions, where you will get to meet the corporate heads and know about the current industry trends.

Internships:

The institute offers 2 internship offers to PGDM/MBA students.

Placements:

  • According to the recent placement highlights, more than 600 recruiters visited the campus drive.
  • For this academic year (2021), more than 550 students have already got placement. The placement drive is still in process.
  • The average CTC received by the students was 6.5 LPA. While the highest was 17 LPA.
  • Some of the major recruiters includes Reliance, Deloitte, Amazon, etc.

In terms of rankings, academics, fees, placement, ROI, and exposure PIBM is definitely a better option as compared to IIEBM.

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