Which is better for finance: NMIMS Mumbai or IIFT Kolkata? Why?

NMIMS Mumbai and IIFT Kolkata are couple of the most reputed B-schools in the country. IIFT is ranked amongst the top 10 institutes for MBA while NMIMS is ranked 24th by NIRF. While there is no direct specialization for Finance at IIFT, but its flagship course in International Business is considered to be one of the best which directly reflects in its ranking and placement stats.

Fee Structure, Eligibility and Ranking:

Curriculum:

NMIMS Mumbai:

• Students are urged to attend a number of different webinars, guest lectures and other personality development workshops.
• Moreover, the program also allows students to choose various cross disciplinary subjects like finance, management, economic, etc.

IIFT Kolkata:

• The rigorous curriculum ranges from a variety of topics including fundamentals of international and financial management, strategic consulting, financial accounting, trade laws, etc.
• Three major foreign languages are taught, namely, German, French and Mandarin.

Placements:

NMIMS Mumbai:

• The average and highest salaries offered are INR 18.33 lakhs per annum and INR 38.57 lakhs per annum respectively.
• 140+ companies took part in the recruitment process including Max Life Insurance, ICICI Bank, Aditya Birla Capital and many other industry giants.

IIFT Kolkata:

• The highest CTC offered was 1 crore and the average CTC on offer was 18 LPA
• During the summer internships in 2019, 93 PPOs were received by the students

• With 90+ companies taking part in the recruitment process, top recruiters were Paytm, Zomato, GE Healthcare, DE Shaw, Lenskart

Both these institutes provide immense growth opportunities by both teaching the fundamentals of finance and providing industry exposure. Hence, it would be difficult to declare one better than other. It is up to the individual to decide.