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How is the insurance business management from the BIMTECH Noida?

KK
Kriti Karmakar Posted On : April 19th, 2021
PG Diploma PG Diploma in Data Analytics, International Institute of Information Technology Bangalore (2018)

The Insurance Business Management (IBM) from BIMTECH Noida is a very high-demand course, especially for those who want to build their career in the financial and the banking sector. It is one of the 4 full-time PGDM courses offered by the institute apart from an executive PGDM course. 

Talking about the institute, it has a rich legacy of 30 years of excellence in academics where the faculty are known to be really hardworking. They are very well qualified, many of them have lots of industrial exposure and they bring in their collective knowledge in the classroom studies. Some of the reasons why PGDM in Insurance Business Management from BIMTECH Noida will be beneficial for you are –

  • There are various career paths one can take after doing this course. The students can work as a broker in banks, insurance companies or any financial institution for that matter. The institute is also very popular and is visited by many insurance and banking companies along with financial institutions. BIMTECH is also known for its collaborations with many international organizations, so there won’t be any dearth of opportunities here. You could also try yourself as a financial analyst after doing this course.
  • This course will equip students with knowledge about financial markets, risk management along with the core banking and insurance subjects. Many of the graduates go on to work as consultants in the insurance and banking sector. Apart from that, with its rich academic and research-oriented pedagogy, the institute imparts the necessary skills and training to the students for becoming successful professionals.

Thus, without a doubt, this is a very good course with a focused approach towards the sector. The institute, pedagogy, faculty, and facilities are all top-notch and it will help you propel your professional career.

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Should I go for BIMTECH or drop this year?

DG
Daksha Garg Posted On : February 23rd, 2023
PGDM in Marketing, Birla Institute of Management Technology (Graduated 2018)

Choosing the right post-graduate program in management can be a challenging task, as it involves evaluating multiple factors such as course offerings, duration, placement opportunities, and the overall reputation of the institution. While the final decision is yours to make, it is crucial to revisit your goals and plans before making a choice.

If you are unable to defer your enrollment for a year, BIMTECH may be a good option to consider as it offers a safe bet. BIMTECH is a well-established institution with a good reputation and offers a range of management programs. It has a good placement record and the faculty is well-experienced. However, if you have the option to wait for another year, you may want to explore other options that may align better with your goals and aspirations.

There are many other institutions like SOIL, IMI, etc that offer post-graduate programs in management with a variety of specializations and flexible course duration. These institutions also have a good placement record and reputation. By taking an additional year to research and evaluate your options, you may find a program that better aligns with your career aspirations and interests.

Ultimately, it is important to weigh your options and carefully consider all factors before making a final decision. Research the institutions, their course offerings, duration, placement opportunities, and overall reputation. Take into consideration your personal goals, and aspirations and make an informed decision.

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What kind of questions are asked in BIMTECH interview?

AD
Abhiroop Datta Posted On : February 27th, 2023
Studied at Birla Institute of Management Technology

The interview in BIMTECH is part of its selection process. The students have to appear in shortlisting. I have jotted down the most common questions asked in the BIMTECH interview:

  • Why would you like to pursue a PGDM?
  • Why do you want to attend BIMTECH to study?
  • Why made you pick this particular course?
  • What are you planning to do with a PGDM?
  • Who is your role model and why?
  • What are your strengths and weaknesses?

 Questions related to personal attributes:

  • Tell us your accomplishments 
  • What are your passions and how have you been able to make the most out of them
  • Would you rather have a job with low pay at a large company or one with a high salary at a small company?
  • A significant piece of news you read today
  • The roles this management degree will play in advancing your career?
  • What extracurricular activities have you been into apart from academics?

Preparing for these questions ensures 70% of your interview goes smoothly. Rest depends on your skills and luck.

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Which is better for doing an MBA BIMTECH or IMU?

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Reeti Agarwal Posted On : September 15th, 2021
PGDM from Birla Institute of Management Technology (2019)

I am not familiar with the specialization in which you want to do your MBA. Comparing BIMTECH and IMU is not justified, it is like comparing apples with oranges.

IMU offers two MBA programs: 

  • MBA in Port and Shipping Management 
  • MBA in International Transportation and Logistics Management.

BIMTECH offers PGDM (equivalent to MBA) programs in the following streams –

  • Retail Management
  • International Business (Human Resource, Operations and Decision Science, Finance, Marketing)
  • PGDM Core ( Human Resource, Operations and Decision Science, Finance, Marketing)
  • Insurance Business Management
Categories MBA at BIMTECH MBA at IMU
Course Fee 9-12 lakh 4 lakh
Highest CTC 15 LPA 13 LPA
Average CTC 7-8 LPA 6 LPA
Recruiting Companies American Express, Infosys, Google, Pantaloons, etc. Goodwood, Posh, Ocean Sparkle, Aurus, etc.

I believe that you must first decide your interest in specialization and then proceed with the choice of colleges. 

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Which is better to pursue, an MBA in BIMTECH Noida or an MBA in BITS Pilani? I have 2 years of TCS experience with a 77 percentile.

KT
Kripal Tyagi Posted On : March 20th, 2023
PGDM in Finance & Banking, Financial Services, and Insurance, Birla Institute of Management Technology (Graduated 2022)

BIMTECH Noida is a top-ranked management institute in India that offers a variety of post-graduate courses such as PGDM, PGDM IB (International Business), PGDM IBM (Insurance business management), and PGDM RM (Retail Management). Compared to BITS Pilani, BIMTECH stands out in several aspects such as faculty, environment, opportunities, student life, academic resources, and location for an MBA.

One of the standout features of BIMTECH is its faculty. The professors at BIMTECH are highly experienced and come from diverse backgrounds with a mix of academic and industry experience. This allows the students to gain valuable insights into various industries and business practices.

BIMTECH also offers a great environment for students to grow and learn. The campus is equipped with modern facilities such as well-stocked libraries, computer labs, and sports facilities to ensure that students have access to everything they need. The institute also has a strong focus on extracurricular activities, which helps students to develop their skills and interests outside the classroom. 

One of the key advantages of BIMTECH is the ample opportunities it provides for students. The institute has strong industry linkages and collaborations with various companies, which help students gain practical exposure and experience. BIMTECH also has a strong alumni network, which provides students with the opportunity to connect with successful professionals and gain valuable insights into the industry. 

In terms of academic resources, BIMTECH is well-equipped with modern technologies, online learning resources, and an updated curriculum that keeps up with the latest industry trends. The institute provides students with access to various databases, journals, and online resources that aid their research and learning.

Lastly, BIMTECH's location also offers several advantages. It is located in the National Capital Region (NCR) of India, which is a hub for many industries and businesses. This provides students with ample opportunities to interact with professionals from various fields, gain exposure, and build their network.

BIMTECH is a much better option compared to BITS in terms of faculty, environment, opportunities, student life, academic resources, and location. The institute provides students with the right balance of academic and practical learning, which helps them become industry-ready professionals.

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What are the facilities available in a hostel and what item should I carry along with me while joining the hostel of BIMTECH?

SA
Shazia Ali Posted On : September 15th, 2021
PGDM Retail Management,Birla Institute of Management Technology (2022)

One of my cousins graduated from BIMTECH and here are a few things you should know before proceeding to any conclusion.

  • BIMTECH is located on a composite, fully air-conditioned, Wi-Fi-enabled, residential campus in Greater Noida. 
  • It enjoys the location advantage in the National Capital Region, a few kilometers from the capital of India. 
  • The campus environment is highly conducive to academic learning.
  • BIMTECH has adequate on & off-campus hostel facilities for the students. 
  • Both hostels provide at-par ultra-modern living environs. 
  • Rooms in hostels can be used on a single or twin sharing basis.

It provides comfortable living with facilities such as – A Tuck Shop, Gym & Sports Facility, Salon & Beauty Parlour, Bus Transport to Noida, Communication & Reprographic, Bank ATM on Campus, Round-the-clock Campus Security and 24X7 on-campus Ambulance, etc. Most items are available in and around the hostel. You can arrange for them. 

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Does BIMTECH have sectional cutoffs for the CAT score?

SR
Srinjini Roy Posted On : September 14th, 2021
Birla Institute of Management Technology

No, BIMTECH Greater Noida does not have any kind of sectional cut-off for CAT scores. They only consider the overall CAT score for admission. The table below will give the CAT score cut-offs of the various MBA programs at BIMTECH Greater Noida.

Program CAT Cut off (percentile)
PGDM (Any specialization) 72.5
PGDM – International Business (Any specialization) 67.5
PGDM – Insurance Business Management 60
PGDM – Retail Management 60

Apply for the program which you like the best and for which you have the minimum CAT percentile requirement.

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What is the scope of retail management (PGDM RM) in BIMTECH? How will be the placement scenario? Can I also get placed in marketing line?

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Vikram Arora Posted On : September 17th, 2021
PG Diploma in Data Analytics ,International Institute of Information Technology Bangalore in 2020

The placement record of BIMTECH is usually stellar. The amazing improvement in the retail industry has led to huge growth in the economy. If you are tactful enough to understand the retail industry then it can promise you a bright future.

  • You will get to know a lot about the trends in marketing through PGDM in retail management and also it will acquaint you with the current business.
  • In terms of a wider scope then BIMTECH is the place to be. 
  • It guarantees the best placements if you are willing to put the necessary effort.
  • The average package a student receives is more than INR 7 LPA. 
  • The main recruiters are Wipro, Metro, Infosys, Big Basket, Accenture, Federal Bank, etc.
  • Apart from these, the students also get internship opportunities and there are also student exchange programs with foreign universities.
Categories BIMTECH
Course Fee 9-12 lakh
Placement Percentage 80%
Highest CTC 18-23 LPA
Average CTC 8-12 LPA

After you have completed the course, you will meet the eligibility for roles like Retail Manager, Merchandiser, Department Manager, Supply Chain Distributor, Marketing Executive, etc. The scope will be wider in the field of retail than in the marketing field. Just give it your all in the field you are in and very soon amazing opportunities will come your way.

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How is the BIMTECH retail management course?

AG
Archita Ghose Posted On : September 21st, 2021
Studied Post Graduate Diploma in Management at Birla Institute of Management Technology

BIMTECH is considered among the top B-Schools in India. BIMTECH was a pioneer in bringing PG-level courses in Retail as well as Insurance thus enjoying a strong brand -pull from the top recruiters from this domain.

  • Also, the placement record of the last three years for both the courses has been quite good. In the 2021 placements, the average CTC offered at the institute was 8 LPA, while the highest CTC was 16 LPA.
  • Retail is a specialized form of marketing. For this course, BIMTECH assists its students with quality faculties and facilities.

Overall, the retail management course offered at the institute is quite good. On the official website of the institute, you will get information regarding various other factors such as previous placements, location, infrastructure, industrial exposure, faculty, activities on campus, etc.

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What is the average and highest placement package offered at BIMTECH RM?

SP
Suhel Palve Posted On : September 15th, 2021
PGDM from Birla Institute of Management Technology (2019)

One of my cousins graduated from BIMTECH and here’s what I got to know from him. Firstly, Retail Management is a burgeoning sector that has created a great craze in recent years. Many youngsters are exploring their career opportunities in this sector. 

Retail Management is a sector that focuses on managing and maintaining customers’ interests. By pursuing this course, you learn about customer behaviors and are taught to create convenience in their buying experience.

BIMTECH’s placement stats are as follows:

Categories BIMTECH Placements
Highest CTC (Domestic) 18 LPA
Highest CTC (International) 23 LPA
Average CTC (Top 100 students) 10.03 LPA
Average CTC (Top 200 students) 9.36 LPA
Average CTC 8.04 LPA

The top recruiting companies that offered these salary packages include Amazon, Landmark Inc., Infosys, Capgemini, Tata Steel, Accenture, Oracle and many more. More than 100 companies had completed the recruitment process till 29th February 2020. To know about the highest package, you can contact the institute itself. 

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