IMI Delhi is better than IIM Sirmaur. It is a reputed and older b-school. IMI brand name is well-recognized in the industry. It has a rigorous pedagogy and a brilliant faculty base. Being located in Delhi, students get good exposure to the industry nearby.
IMI Delhi placements are excellent. According to the highlights of 2022, students received an average CTC of INR 15.23 LPA. While the highest CTC offered this year was INR 32 LPA. HDFC Life, Capgemini, BCG, Deloitte, etc. are among the top recruiters that take part in the campus drive.
IMI Delhi will be better. It has one of the best management faculties in the country, including IIMs. IMI Delhi placements in 2022 concluded with an average CTC of INR 15.23 LPA. The highest CTC offered stood at around INR 32 LPA. Accenture, Deloitte, Capgemini, BCG, etc. took part in this year's placement drive.
IMT Ghaziabad has a huge batch size and students of all programs go through a common placement process. As a result, every student doesn’t get decent placement opportunities.
If you have a closer look, there is no major difference between the 3 B Schools. So I have made it easier by judging them on the basis of 2 parameters only.
Admissions: Most competent students get a call from 2 of these 3 institutes as all the 3 to have similar requisites
Placements: The placements are also at a similar level. The profiles and packages offered are similar in all the 3 B Schools except that IMT is a little behind owing to its huge batch size.
So I would say the order would be as this- XIMB >=IMI>IMT
The table below will give you a better picture of the comparison between the 3 colleges
Particulars |
XIMB |
IMI |
IMT |
Batch size |
364 |
308 |
500 |
Fees |
?20 Lakhs (MBA) |
?18.17 L |
INR 6 L - 19.02 L (for 18 months-3 years) |
Number of recruiters |
64 |
100+ |
130+ |
Highest salary |
INR 32.21 LPA |
INR 50 LPA |
INR 62 LPA |
Average salary |
INR 17.54 LPA |
INR 17.01 LPA |
INR 15.28 LPA |
Top sector |
Consulting (46%), IT/ITES (22%) |
Consulting/ EdTech |
IT/ITES |
Top Recruiters |
ICICI Bank, Accenture, Cognizant |
ICICI Bank, Deloitte, Accenture, Infosys, KPMG |
Morgan Stanley, BCG, Accenture Consulting, Goldman Sachs, Google, Infosys Consulting, Emami International, TATA Consumer Product |
Before I talk about the worth of private B Schools like IMT/IMI/XIMB, let’s consider their average packages.
B School |
Average Package |
IMT |
INR 17.35 LPA |
IMI Delhi |
INR 17.01 LPA |
XIMB |
INR 20 LPA |
The average package of government colleges like IITs and DSE is slightly less around INR 10.57 LPA. So the point is if you are ready to invest a hefty amount in B Schools, you will not regret the decision as they are game changers. The level of exposure and diversity is almost higher than in Government colleges. IITs, DFS and DSE MBAs have a more theoretical approach than a practical one. However, the figures for private B schools are inflated so do consider the ups and downs.
The final decision is up to you. Try to find what exactly you want from MBA
Make a well-informed decision after proper research.
In choosing your B-school, the primary factors that you should consider are, the specialization you want to opt for and the ROI you are expecting. In your case, you want to go for Finance. The list of preferred B Schools you mentioned has similar fees and placements so I will be answering solely based on specialization.
Finance: IMI Delhi is the best choice of all the options when it comes to Finance. A premium quality crowd opts for Finance at IMI Delhi and the main reason is the customized MBA program in Finance. Many companies of the Finance sector visit the campus for placements. Finance students also avail the best opportunities and guidance and have a higher level of security than Marketing students.
However, in case you have more than 2-3 years of work experience, IMI Delhi is not a suitable option. Although you may stand out among your batchmates, the companies visiting the campus are not aware of this and offer roles suitable for less experienced students only. So your work experience may not be credited here.
The general preference order should be: IMI D>XIMB>IMT G
The institute has released the final placement report for batch 2021-23. More than 100 companies took part in the 2023 placements drive which included more than 40 new recruiters. Students were also offered 3 international offers. The IMI Delhi average package stood at INR 17.01 LPA. The highest and median packages stood at INR 50 LPA and INR 16.33 LPA, respectively.
The summer placement report for batch 2021-23 has also been released. Around 90+ companies participated. 100% internship offers were made and the highest and average stipend offered was INR 2.40 lakh and INR 83,400 for 2 months, respectively.
Banking, Financial Services, and Insurance were the top recruiting sectors during IMI Delhi placements 2023, with 35% offers. Some major companies that visited the campus for placements were
IMI Delhi is a better option than K J Somaiya. And here are some of the supporting reasons for the same.
The placement data is given below.
Highest CTC offered |
INR 22 LPA |
Average CTC offered |
INR 13 LPA |
Top recruiters |
American express, axis bank, Accenture, Tata motors, Amazon |
IMI Delhi observed more than 90% placement records in the recent placement drive. More than 86 recruiting companies visited the campus for placements.
I can say with certainty that IMT Ghaziabad’s placement figures are highly inflated mainly because my own sister was a victim of the same. The placement committee portrays the inflated packages in different ways. The situation is worse at IMT Delhi. The students who join such colleges are mainly drawn because of the placement reports feeling wronged and rightly so.
IMT Ghaziabad’s summer placements witnesses most of the batch receiving stipends of around 15-20k only. Some students even have to go for unpaid internships. Most of the students get placed in start-ups only.
The final placements are all the more inflated with so many hidden variables that make it even impossible to identify the root cause of inflation. A major part of the batch receives an in-hand salary of around 60-65k only.
The new IIMs also have inflated placement figures but this problem is way more serious at private institutes like IMT, NMIMS, SIBM, and SCMHRD. The real average package offered at IMT Ghaziabad is around INR 10 LPA only. Many students are offered packages as low as 5-6 LPA while many remain unplaced.
IMT Ghaziabad offers financial assistance through various Educational loans. Many Nationalized banks have decent loan schemes for students of such prestigious B Schools.
One such Central Government scheme is the Vidhyadhanush wherein, students from IMT, MDI, IMI, Depts of IITs, and other elite B Schools are offered unsecured education loans with interest rates as low as 8.3-8.5. The maximum loan amount one can get is around 20 Lakhs. You can compare the schemes of different banks on the basis of interest rates, eligibility of your B Schools, and collateral schemes. It’s best to avail of the Central Government scheme to get the advantage of zero interest rate till the moratorium period. You can save as much as 1.5 Lakhs through this scheme.
The procedure to secure an education loan is very simple and quick. All one needs to do is study and compare various schemes and choose the best for themselves. Right after induction, many branches of banks put forward their loan schemes in front of the batches.
I can speak with certainty that PGDM at LBSIM is a far better option than PGDM in Financial services at IMI Delhi. My brother is a recent pass out from LBSIM and the following highlight of the institute are based on his personal experiences
All these points clearly state that LBSIM is a very good choice for a PGDM program.