NMIMS, Navi Mumbai had a rank of 24, LBSIM had a rank of 85, TAPMI, Karnataka had a rank of 27, IMI Delhi had a rank of 28, and GIM Goa had a rank of 48 in the management category in NIRF 2020 respectively.

Admission:

To be eligible for admission, graduates are expected to have passed with a minimum of 50% along with their NPAT/SNAP/CAT/XAT score, and depending on the program, work experience is also mandatory.

• At NMIMS, programs like BBA, MBA, B.Tech have fees in the range of Rs. 11 Lakhs to Rs. 19 Lakhs.
• LBSIM offers programs like PGDM and M.C.A in the fee range of Rs. 3.15 Lakhs to Rs. 11.67 Lakhs.
• TAPMI offers programs like PG Diploma and Ex - PGDM with fees from Rs. 14 Lakhs.
• At IMI Delhi, for programs like PGDM, EPGDM, and FPM the fees are in the range of Rs. 1.2 Lakhs to Rs. 18.29 lakhs.
• At GIM, PGDM and Ph.D. programs have fees ranging from Rs. 5 Lakhs to Rs. 16 Lakhs.

Cutoff:

• At NMIMS, the cutoff for NMAT for all MBA courses was 209 in the year 2019.
• LBSIM and TAPMI had a cutoff of 80 for CAT in 2019, whereas IMI Delhi and GIM had a cutoff of 90 for CAT and XAT respectively.

Placements:

• Major recruiters at NMIMS are Honeywell, L&T Infotech, Kotak Mahindra, HDFC, Cognizant, OYO.
• At LBSIM the top recruiters are Deloitte, TCS, Schneider Electrical, Wipro, Accenture, Infosys, HDFC bank.
• Deloitte, Exide Life Insurance, HDFC, Tata Capital, HDFC Life Insurance are the top recruiters at TAPMI.
• American Express, Axis Bank, CRISIL, Goldman Sachs, HDFC, HSBC are among the major recruiters at IMI Delhi.
• Major recruiters at GIM are Asian paints, IBM, AO Smith, GE, Metro, PUMA.

Which college is a better option is a decision that needs to be made after reviewing the above facts and the college brand along with the ROI which is on an average 96% for NMIMS, 79% for LBSIM, 92% for TAPMI, 71% for IMI Delhi and 73% for GIM respectively.

Goa Institute of Management, well known as GIM is ranked 48th under the Management category of NIRF 2020. On the other hand, the National Institute of Bank Management (NIBM) is among India's reputed business schools which have been ranked 88th in the 'Top B Schools of India' list. Even Among the top 100 B-Schools of India. Even Symbiosis Institute of International Business (SIIB), Pune is a AAA accredited business school placed at 10th position by The Week for Private MBA.

Admission Process:

GIM

• Candidates must have 50% marks aggregate.
• Final year candidates are also eligible to apply.
• Candidates are shortlisted based on the CAT/XAT/CMAT entrance test score followed by Personal Interview and Achiever's round of scholarship.
• The Basic fee structure for PGDM is INR 17-18 Lakhs.

NIBM:

• Candidates are selected based on CAT, XAT(80%), CMAT(95%) scores, followed by writing tests and interviews.
• The seat intake is around 120 seats.
• The course fee for PGDM is 3.75LPA + 29K (Hostel Charges per annum).

SIIB:

• The basic fee structure is16 LPA.
• The selection is based on the SNAP entrance exam followed by GE/PI.
• Candidates must have a minimum aggregate of 50% score.

Infrastructure:

• GIM is well known for Learning Infrastructure, consisting of IT equipment and high-speed servers. Wide exposure to the central library and other resources and e-journals.Consists of Several Finance Labs and Data Mining Centre.
• In NIBM the campus is centrally air-conditioned and has speed wi-fi service. Cultural festivals are conducted every year. Poses Auditorium, IT equipped laboratories and digital library. Girl's Residentials are fully furnished with strong security 24X 7.
• SIIB has modern infrastructure, spacious classrooms, an auditorium, wifi feasibility, and lots more. Excellent Library access and e-journals.Well furnished hostels for girls/boys.Modernized gym, yoga, and aerobics room.

Placements:

The aforementioned are the basic highlights of the three colleges. NIBM is comparatively cheaper than the other two colleges, whereas, in terms of the package, GIM and SIIB receive higher package offers than NIBM. The choice is up to you.

Between GIM and KJ Somaiya which is the better institute that depends on which domain you will choose. Both the institute is reputed for management education and have their advantages.

Given below is a brief comparison between the two institutes.

For Finance, KJ Somiya is a better option than GIM. KJ Somaiya has a location advantage as it is situated in Mumbai, the financial capital of India. The course fee of KJ Somaiya is also lower than the GIM.

Nirma University is recognized by UGC, AIU, and has been accredited grade ‘A’ by NAAC. Currently, the college is ranked 12th and 13th for MBA by The Week and Outlook respectively.

FORE School of Management is a private non-profit institution approved by the AICTE and has a number of notable international tie-ups with top institutions. MBA at the institute has been ranked 18th, 26th, and 43rd in India by Outlook, BW Business World, and NIRF respectively.

Goa Institute of Management (GIM) has been accredited by the AICTE and NBA. The college was ranked 47th by NIRF rankings in the category of management institutions.

Admission:

Nirma University:

• Candidates are shortlisted and invited for the personal interview(PI) and theme development & presentation(TDP) round on the basis of their CAT/GMAT percentile.

• Further, students are selected on the basis of their CAT/GMAT percentile, PI & TDP round, 10th marks, 10+2 marks, graduation marks, and work experience.

The course has a total of 240 seats available. The total course fee for Nirma is 10.04 lakhs.

FORE School of Management:

• The minimum eligibility to apply at FORE is securing 50% in graduation from a recognized institution and a valid score in CAT/XAT/GMAT exam.

• Shortlisted candidates are then called for the interview, written test, and business awareness quiz round.

The final merit list is prepared on the basis of the above criteria and marks in graduation. The course has a total of 180 seats available. MBA at FORE costs around 14.98 lakhs.

GIM:

• The minimum eligibility to apply at FORE is securing 50% in graduation from a recognized institution and a valid score in CAT/XAT/GMAT/CMAT exam.

• GIM conducts an interview for final selection.

The final merit list is prepared on the basis of the above criteria and marks in graduation. The course has a total of 240 seats available. MBA course fee at GIM is 16.98 lakhs for 2 years.

Infrastructure & Facilities:

Nirma University:

• It offers an on-campus well-equipped library with over 1,20,000 books.

• The institute also provides hostels for boys and girls with adequate facilities.

• Students also have access to sports and other facilities such as laboratories, gym, cafeterias, medical facilities, Wi-Fi, air-conditioned classrooms and auditoriums, etc.

• The college runs a shuttle service for its students.

FORE: The college is built over a 10-acre campus.

• The college has a well-maintained library.

• It also provides hostel facilities.

• Other facilities such as sports fields, laboratories, cafeterias, air-conditioned classrooms, and Wi-Fi are available.

GIM:

• The college is home to a large library, in-campus hostels, and sporting facilities.

• Other facilities such as cafeterias, Wi-Fi, auditoriums, laboratories, and recreation rooms are available for the students.

Placements:

Nirma University: The course has a very high placement rate of over 90%.

• Top recruiters for MBA students include Infosys, Wipro, Zomato, and Amul.

• The average package offered is 7.5 LPA and the median salary offered is 8 LPA.

• The highest package goes up to a whopping 19 LPA.

FORE: The course has a placement rate of 90%.

• Top recruiters include Amazon, Deloitte, Asian Paints, Capgemini, and Dell.

• The average package offered is 10.5 LPA.

• The highest package goes up to nearly 30 LPA.

GIM: Over 95% of students receive placements in this course.

• Top recruiters include EY, Reliance, Cognizant, and Deloitte.

• The median salary at the college is 9.5 LPA.

• The highest package offered goes up to 23 LPA.

All three institutes are ranked among the top MBA institutes of the country. While FORE ranks a touch above the other two according to NIRF rankings, the other two outscore the college in terms of facilities and infrastructure. Placements at all three colleges are very similar. The choice ultimately depends on your preferences and requirements.

IMI Delhi's B&FS program is an industry-oriented finance program which has Financial Markets & Services, Wealth Management, Bank Management, Business Analytics, Treasury Management etc, as its subjects. Students also get to participate in 'live projects' to familiarise themselves with corporate work besides the summer internships.

On the other hand, GIM's PGDM program is its flagship program which has NBA and AMBA accreditations.

The table below highlights some of its features:

Faculty:Both institutes have an excellent faculty of 7-10 faculty members with PhDs and accolades from Wharton Business School, IIM, Smith School of Business etc.

Infrastructure 

IMI Delhi

• It has the WML Library with more than 25,660 books; it also has the RPG Auditorium and more than 30 academic and cultural clubs. The Jaagriti Social Cell is one such popular social service organization.
• The institute also has international collaborations with Kedge School of Business, France; The Universidade do Estado do Rio de Janeiro, Brazil; Suleman Dawood School of Business, Lahore, Pakistan etc , amongst others.

GIM

• It has a good IT Infrastructure with servers from IBM and HP. 
• GIM has a fully WiFi campus with a Finance Lab in it with 10 terminals of Thomson Reuters.

Placements

GIM

• PGDM program has had a 100% rate in 2019. 
• 39% of its students joined the BFSI sector and the lowest 3% went into Automobiles and Real Estate. GIM saw a 32% increase in PPOs.
• The highest CTC in 2019 was given to the Marketing students, which was 34 LPA.
•  The highest salary given to HR students was the lowest in comparison to other fields, which was 16 LPA. 
• The top recruiters were VIP, Tata Capital, Ignify etc.

IMI Delhi

• PGDM B&FS program saw a 25% rise in the highest package offered in 2019. 
• 102 new recruiters participated in the placement proceedings with B&FS students receiving 17 LPA as its highest CTC. 
• Darashaw, HDFC Bank, HSBC and Verity Knowledge Solutions were the major recruiters.

Students can decide on the basis of placement and infrastructure facilities listed above.

KJ Somaiya, Great Lakes, GIM, and TAPMI all of these are highly proclaimed institutes in India for management studies. Each of these institutes is good in different domains of management studies. KJ Somaiya and GIM are better for Finance. Whereas, GIM is reputed for Marketing.

In general, the order of preference should be as given below.

1. KJ Somaiya
2. TAPMI
3. GIM
4. Great Lakes

Given below is a comparison between the institutes.