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Questions Asked On SIBM, Pune
How is life after MBA from SIBM Pune and SCMHRD?
SIBM Pune features a fairly substantial reputation within the MBA league. My friends who have passed from this college have mostly ended up with very great jobs and work in the upper echelons in their respective workplaces. Of course, the law of average work at SIBM too, and here there are a few people who fall below the average expectations.
You will not get the coveted badge of an IIM or an ISB. That is something the pass outs of SIBM will have to live with. It does harm the chances sometimes in the corporate world but not necessarily.
The table shows a brief overview of the institution:
|
Particulars |
SIBM |
SCMHRD |
|
Highest CTC |
Rs. 34.2 lakhs |
Rs. 38 lakhs |
|
Average CTC |
Rs. 20.1 lakhs |
Rs. 15.60 lakhs |
|
Minimum CTC |
Rs. 18.50 lakhs |
Rs. 9 lakhs |
Symbiosis has several colleges which provide an MBA program SIBM, Pune doesn’t stand out much. To the outside world, the student is just from Symbiosis. This can be a bit of a problem for the pass outs of SIBM and SCMHRD since these two colleges are in the top 25 leagues in India.
What is the minimum package offered to the MBA graduates at SIBM pune and NMIMS?
The minimum package offered to the MBA graduates is not revealed by any of the institutes in their placement reports. The only way to get that is to talk through students who can say through their experience which may or may not be accurate.
The table below will however give you the highlights of the placement process conducted by each of these institutes for their MBA batches of 2018-20.
|
Parameters |
SIBM Pune |
NMIMS MBA |
NMIMS MBA-HR |
|
Number of recruiters |
More than 90 |
148 |
29 |
|
Highest CTC |
INR 34.26 LPA |
INR 58.61 LPA |
INR 22 LPA |
|
Average CTC |
INR 20.14 LPA |
INR 18.33 LPA |
INR 14.98 LPA |
Based on these statistics, you can get a fair bit of idea of the salaries to expect from these institutes and will help you to set your expectations.
Is it worth doing an MBA from SIBM Pune, SCMHRD Pune or NMIMS Mumbai after 2 years of job experience in IT?
Yes, it’s worth it. In some cases, it is even essential to do an MBA after having 2 years of work experience in IT.
- There are different kinds of people in IT sectors, some who like the technicalities of IT and some don't like that. People who like the technicalities of IT will settle in just a couple of years by learning to code brilliantly and achieve their goals.
- Other people are just the opposite; they are always left feeling that they are missing something. MBA adds value to your resume and helps you to change your career.
I know a few people from SIBM Pane, so I can tell you about the MBA program offered by them.
- My friends at the institute have peers who come with work experience in the IT sector and are going to be working in big FMCG brands in the summers.
- SIBM Pune had an average CTC of around 20.14 LPA. The average internship stipend offered in the summer internship for 2018-20 was around 1.66 lacs for just two months and above 55% of students got offers for 1.5 lacs around. The highest stipend offered was 3 lacs.
Also, MBA can be a much-needed break for many with corporate careers. It’s a fun experience, you will get to learn a lot through many corporate interactions.
Which is the better, college SIBM Pune or IIM Indore?
Among these, IIM Indore is the better option. Being an IIM it offers better facilities and placements. IIM Indore placements 2022 placements ended with an average CTC of INR 25.01 LPA. The highest CTC offered this year was INR 70 LPA.
IIM Indore offers excellent academics, and the faculties of the institute are best in the field. The IIM brand name certainly offers some perks in terms of getting placements, projects, and interships.
Which college is better between SIBM Bangalore and TAPMI? The average placements for both the colleges stand the same which makes the decision tough.
When comparing two B-Schools with similar placements, there are a couple of factors you should consider. Firstly, you should look at the batch size and the brand. TAPMI has a larger batch size compared to SIBM Bangalore, which may lead to more dilution in resource allocation.
On the other hand, a smaller batch size in two equally-matched B-Schools ensures batch quality. The second factor to consider is the brand of the B-School, which is something you should analyze on your own. It is important to understand the brand value of a B-School, as it reflects its reputation in the industry and the quality of education it provides. Ultimately, you should choose a B-School that aligns with your goals and aspirations, and provides you with the best opportunities to achieve them.
What will my life be like in 10 years if I get an MBA in marketing or finance from SIBM/SIIB, Pune?
By understanding the perspective of your question, there shall not be a huge change if you only get an MBA done. The thing that determines it is the choices you are going to make like the firm you choose to work in, your expected salary or location or role, the work environment, and various other choices.
In 10 years, if you continue working hard, then you will probably have made 2 or 5 years of promotion. You can also simultaneously expect a major salary hike.
However, considering several drawbacks such as home loans, personal expenses, family expenditure, annual vacations, and fee structure of institutions, you are expected to live a very grounded life.
- You should be sure enough about what you are passionate about during pursuing MBA.
- Join a job sector that can lead you to a good state.
- If necessary, you should also build an alternate income for other essential factors.
- You should also begin pro-bono consulting during the weekends.
- You can also consult a startup or can choose to become a mentor or adviser or helper too.
Thus, your life 10 years from now will not however result only if you particularly get an MBA from a B-school, but will take into account the choices you have made, and the hard work you were to undertake.
Which college should I prefer between SIBM Pune and XIMB for MBA-BM regular course?
Having friends studying in both the institutes, I might be able to help you with the question. To conclude which is the best option for you, we have to first compare these two Institutes in the following few criteria.
- Brand value: Usually XIMB over SIBM is preferred, due to its better reputation and brand value. You have to score around 98% in CAT or XAT if you are aiming to secure a seat at XIMB.
- Alumni base: SIBM Pune is older than XIMB and has an illustrious alumni base. Even though XIMB has a great alumni strength, it's not as good as SIBM.
- Location: SIBM is located at the picturesque Lavale village of Pune. Campus is fully enabled with WiFi. Infrastructure is top-notch with modern classrooms and seminar halls. XIMB is located at Bhubaneswar, it is well connected to metropolitan cities. The campus is large compared to SIBM.
Placement records:
|
Particulars |
SIBM Pune |
XIMB |
|
Number of students placed |
365 |
374 |
|
Number of recruiters |
84 |
97 |
|
Top recruiters |
ICICI Bank, Capgemini, Asian paints, Godrej. |
BNY Mellon, Accenture, Deloitte, Airtel. |
|
Highest CTC offered |
27 LPA |
24 LPA |
|
Average CTC offered |
16 LPA |
15.51 LPA |
|
Placement rate |
98% |
98% |
You have to assess all these factors, consider your personal commitments, course fee and other information about both of these Institutes to decide what is best for you.
How are the placements at other B-schools like S.P Jain, JBIMS, NMIMS, SIBM and XLRI compared to the IIMs? Is it worth joining these institutes?
Although all the institutes offer good placement to its students, a comparative analytical report based on points would be helpful for you to decide which institute to choose for your higher studies.
XLRI:
-
Some of the top recruiters who offer internship and job opportunities to the XLRI students are Aditya Birla Group, Amazon, Microsoft, are ITC, JP Morgan, Ramco Systems, Accenture, Sapient, ATG Tires, Lodha Group, RPG, Udaan, P&G, Colgate Palmolive, Ola, Myntra, Samsung, C K Birla, Power Finance Corporation among others.
-
The highest and medium salary packages remain to be around 50 LPA and 12-15 LPA.
IIML:
-
It offers 100% placement to its students.
-
The top recruiters are JCB India, Bosch, Apparel group, Tolaram Group, RPG Group, and more.
-
The highest and the medium salary range remain to be around 54 LPA and 23 LPA.
IIMK:
-
Students at IIMK get 98% placement and the highest and the medium salary package remains to be around 40 LPA and 18 LPA.
-
Some of the top recruiters who offer internship and job opportunities are Cognizant, Wipro, Amazon, Airtel, City Bank, Deloitte, Nestle, Bosch, Microsoft, Raymond, and more.
SIBM Pune:
It was ranked 6th by Outlook India in 2020.
-
The top recruiters who offer placement to the students are Axis Bank, Flipkart, Diageo, KPMG, Capgemini, HDFC Bank, Mahindra CIE, ITC, and more.
-
The highest and the medium packages are 34 LPA and 18 LPA.
NMIMS:
NMIMS has ranked 2nd among the top BBA colleges of India by India Today in 2020.
-
Top recruiters of NMIMS students are IBM, Johnson, and Johnson, Deloitte, ICICI, HDFC Bank, Cadila, Mankind, Accenture, Amdocs, Bajaj Finserv, Aditya Birla Group, Alkem, Cipla, and more.
-
The highest and medium salary packages remain to be around 30 LPA and 17 LPA.
JBIMS:
-
Students receive job opportunities from various companies such as Mahindra Group, TATA Group, The Boston Consulting Group, Reliance Industries, Godrej consumer products, and more.
-
The highest and medium packages that are offered are 32 LPA and 26 LPA.
These are the major placement related details that you should be taking into account while deciding whether you want to join any of these institutes or not.
How honest are the non-IIM MBA colleges (SPJIMR, NMIMS, SIBM, XLRI) when they say their average package is 12-15L?
SPJIMER, SIBM, and XLRI placement reports are pretty accurate. Rather than the typical average/median CTC method, SPJIMER publishes its placement report in IPRS format. Every figure mentioned in the placement report is true to the 2nd decimal point.
XLRI and SIBM also keep the placement report transparent. SIBM gets its placement audited regularly. As per the 2022 placement highlights, the average CTC for SPJIMER, SIBM, and XLRI were INR 23.6 LPA, INR 23.06 LPA, and INR 30.73 LPA respectively.
NMIMS inflates the report. The numbers are quite high.
Which is better: SIBM Pune or BIMM Pune ?
SIBM Pune and BIMM Pune have been ranked at 6th and 11th among private MBA colleges by Outlook 2020 respectively. Both the institutes are well recognized and are famous B-schools.
The table mentioned below gives a brief overview of both institutes:
|
PARTICULARS |
SIBM PUNE |
BIMM PUNE |
|
OWNERSHIP |
Private |
Private |
|
TOTAL COURSES |
5 Courses across 2 streams |
4 courses in 3 streams |
|
DURATION |
2 Years |
2 Years |
|
TOTAL FEES |
INR 17.26 Lakh |
INR 8.45 Lakh |
|
POPULAR COURSES |
MBA/PGDM, Executive MBA/PGDM |
MBA/PGDM, Executive MBA/PGDM |
|
SEATS BREAK UP |
120 |
180 |
|
ENTRANCE EXAM |
SNAP |
CAT/MAT/XAT/CMAT or MAH |
ELIGIBILITY CRITERIA:
In BIMM Pune, the aspirants are required to have a minimum of 50% in aggregate in graduation. While in SIBM Pune the candidates are required to have 60% in aggregate in graduation.
The weightage assigned to all stages of the admission process is as follows.
|
BASIS |
SIBM PUNE |
BIMM PUNE |
|
ENTRANCE EXAM SCORE |
50 |
35 |
|
GD AND WAT |
20 |
35 |
|
PI |
30 |
30 |
PLACEMENTS:
|
PARTICULARS |
SIBM PUNE |
BIMM PUNE |
|
HIGHEST PACKAGE OFFERED |
INR 34.26 LPA |
INR 14 LPA |
|
AVERAGE PACKAGE |
INR 20.08 LPA |
INR 6 LPA |
|
TOP RECRUITERS |
Bajaj Finery, AVIVA, IBM, Pidilite, HDFC Bank, DELL, etc. |
Amazon, Bajaj allianz, Capital First Ltd, HCL Technologies, etc. |
|
% of students placed |
98% of students placed until now |
95% of students placed until now. |
INFRASTRUCTURE: SIBM Pune has a multi-cuisine cafeteria and is highly maintained and the food is hygienic too. The hostel facility is up to date and the classrooms are well spacious and are fully air-conditioned. Moreover, all the labs are well equipped. On the other hand, BIMM Pune has a well-stocked library and the hostel services and canteen are excellent and the sports complex is very big and the classrooms are well equipped.
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