If you are interested in pursuing a degree in human resources management from one of the top B schools in India, you may want to consider SCMHRD. This institute is known for its strong reputation in the field of HR and can provide you with the skills and knowledge necessary to succeed in this competitive industry. On the other hand, if you are primarily interested in obtaining an IIM degree, then IIM Ranchi may be a good option for you. While IIM Ranchi is considered to be one of the best among the newer IIMs, it may not have the same level of prestige or reputation as some of the more established institutes.
If your primary goal is to increase your chances of being placed in a top company and obtaining a high salary package in the field of HR, then SCMHRD may be a more suitable choice. It is important to carefully consider your goals and priorities before making a decision on which business school to attend.
SCMHRD offers specialization programs including Project Feasibility and Finance, Transportation, Energy, and Urban Infrastructure in the field of Infrastructure Management (IM). SCMHRS has been accredited with grade ‘A’ by NAAC.
Whereas the Symbiosis School of Banking and Finance offers both the MBA and certificate program in the field of Banking and Finance. SSBF was awarded as “Management College of the Year” by Higher Education Review Magazine in 2019 and ranked 10th by Innovative Zone Magazine as Best Educational Institute in India.
The course fees at the institutes are as follows.
Year |
Year 1 |
Year 2 |
SCMHRD MBA IM |
? 610000 |
? 590000 |
SSBF |
? 640000 |
? 640000 |
Scholarships:
SCMHRD MBA IM:
The SCMHRD offers scholarships to the MBA students declared topper in the first semester, which can cover up to 50% of tuition fee waivers.
To receive a scholarship for a perceivable future, students have to maintain a minimum GPA of 7.50.
SSBF:
SSBF offers the following scholarships and awards to its deserving students.
Post Graduate Merit Scholarship awarded to the semester topper student with a minimum of 7.50 GPA.
Scholarship by University Sports Board awarded to the 05 outstanding sportsmen and sportswomen.
Late Jayatee Deshmukh Best Outgoing Girl Student Gold Medal Award.
Placement:
SCMHRD MBA IM:
A total of 93 recruiters participated in the recruitment drive for the 2018-20 batches, and 38% of students received the Pre-placement Offer.
The highest CTC received by the student was 15.4 LPA, the average CTC received was 12.1 LPA, and the top 25% of candidates received 14.7 LPA.
The top recruiters include Wipro, Capgemini, Bajaj Auto, Boston Scientific, Reliance Industries, Mahindra & Mahindra, and many more.
SSBF:
SSBF provides placement assistance to final year students. The institute holds a record of 100% recruitment.
The highest CTC offered to a candidate was 10.11 LPA, and the average CTC received is 7.11 LPA.
A wide range of roles is offered to the students which include Relationship Manager, Wealth Management, Product Management, Credit Manager, Operation, Channel Officer, Retail Branch Banking, etc.
The top recruiters visiting the campus are CRISIL, JP Morgan Chase, HDFC Bank, ICICI Bank, Care Ratings, etc.
Above are the key points about SCMHRD MBA IM and SSBF, one can distinguish them both using those points and can make a decision.
MICA university holds 12th rank issued by outlook in 2019. Admissions in this university are based on entrance tests followed by personal interview and counseling. Placements at this university are really good.
Symbiosis Center for Management & Human Resource Development (SCMHRD) holds 13th rank for MBA issued by times. Admissions for MBA are based on entrance tests followed by personal interview and group discussion.
Tabulated below gives a brief overview of both institutions:
Particulars |
SCMHRD |
MICA |
Application fee |
1000 INR |
1,965 INR |
Top recruiters |
Accenture, ACCENTURE, Avalon Consulting, Axis Bank, Bajaj Auto, Barclays Bank, Bridgei2 |
Raymond, Titan, Saavn, Walmart, Amazon, Google, Apollo, Linkedin, YesBank, Amazon, Puma, Usha and Topline |
Average salary |
15.6 lakhs |
12.8 lakhs |
Admission process
MICA
SCMHRD
Placements
SCMHRD
MICA
Infrastructure
SCMHRD
MICA
Overall both institutes are equally good for management. The admission process of both institutes is based on entrance tests conducted by institutes. Placements of both the institutes are equally good. Both institutes have an engaging and encouraging environment.
When choosing between different management programs, it is important to consider your interests and career aspirations. If you are interested in exploring the field of rural management, IRMA may be a great fit for you instead of SCMHRD. While IRMA does not offer a specific specialization, it does provide a range of electives that can help you develop skills and knowledge in areas that interest you.
One of the unique aspects of IRMA is its emphasis on rural management. The program is designed to provide students with a deep understanding of the challenges and opportunities of managing organizations in rural areas. This includes exposure to issues such as agriculture, rural development, social entrepreneurship, and community development.
While IRMA does not offer a formal specialization in HR, the program does cover a wide range of topics related to human resource management. This includes courses on leadership, organizational behavior, and employee relations. Students can also choose electives in areas such as talent management, performance appraisal, and compensation.
Ultimately, the choice between different management programs will depend on your individual interests and goals. It is important to research and compare programs based on factors such as curriculum, faculty, industry connections, and career prospects. By choosing a program that aligns with your interests and provides the right skills and knowledge, you can set yourself up for a fulfilling and successful career.
SCMHRD is one of the best B- schools that offer an MBA in Business Analytics. It has been accredited grade ‘A’ by NAAC. SCMHRD Pune has also been ranked 4th overall by the Indian Institutional Ranking Framework survey and 10th among the top leading Private Business Schools in the year 2018 by Business World B-School Ranking.
Eligibility:
Eligibility criteria for MBA in Business Analytics at SCMHRD are as follows.
Graduation in any discipline with 50% marks.
Minimum two-year full-time work experience after completion of graduation.
Selections are made based on the SNAP entrance exam, GE, and PI-WAT scores.
The fee structure for MBA at SCMHRD is as follows.
Category |
Year 1 |
Year 2 |
Tuition Fees |
? 675000 |
? 675000 |
Other Fees |
? 20000 |
-- |
Total |
? 6.95 Lakh |
? 6.75 Lakh |
Faculty:
SCMHRD Business Analytics faculty has around ten teachers from all age groups.
Most of the teachers are well qualified, with some of them holding a Ph.D. in their respective studies and with more than ten years of experience.
Scholarships:
The SCMHRD offers scholarships to the MBA students declared topper in the first semester, which can cover up to 50% of tuition fee waivers.
To receive a scholarship for a perceivable future, students have to maintain a minimum GPA of 7.50.
Facilities:
Facilities at SCMHRD include a library with a rich collection of books, audio, and video files, healthcare service, a cafeteria, and a hostel with separate residential blocks for male and female students and well-equipped with basic amenities.
Placement:
A total of 93 recruiters participated in the recruitment drive for the 2018-20 batches, and 38% of students received the Pre-placement Offer.
The highest package received by MBA Business Analytics students in the year 2020 was 22 LPA, and the average salary received was 14.8 LPA, while the top 25% received the 18.3 LPA package.
27 percent of the students received PPO.
The top recruiters include Wipro, Capgemini, Bajaj Auto, Boston Scientific, Reliance Industries, Mahindra & Mahindra, and many more.
The institute offers all the facilities and infrastructure that are best for the Business Analytics that can boost the career of the students in all aspects.
SCMHRD Pune is the better option in terms of placements, job profile, alumni network, and other aspects. If you are interested in HR specialization, SCMHRD is the obvious choice among these. It is one of the best business schools in the country for HR. During SCMHRD placements 2021, the median CTC offered from the HR sector was INR 16 LPA.
For specializations like Marketing and Finance, SCMHRD will be a better option as well, due to the compact batch size, better placement stats, and locational advantages.
By NIRF ranking 2020, IIM Udaipur is ranked #17th amongst institutes in India, while SCMHRD is ranked 4th in state wise and city wise in 2020 by the Indian Institutional Ranking Framework.
Admission:
Admissions at IIM are based on GMAT, GRE, GATE, CAT entrance exams whereas at SCMHRD it is based on the SNAP entrance exam at the Symbiosis International University.
Placements:
IIM Udaipur:
The institute offers 100% placements to its students.
For the final placements 2020, overall 81 firms recruited from IIM Udaipur with the highest salary of INR 40 LPA being offered and an average salary of INR 23.08 LPA.
The highest number of roles was offered to Sales and Marketing and BDM students.
Top recruiters visiting the campus include Aditya Birla, GoldmanSachs, TATA, Accenture, ICICI Bank, etc.
SCMHRD:
90+ recruiters visited the SCMHRD campus with more than 180 students being placed and with the highest international package offered of INR 58 LPA.
The highest domestic CTC offered was INR 32.8 LPA and an average CTC of INR 16.1 LPA was offered.
PPO was offered to 38.3% of the students.
The top recruiters of the institute include Deloitte, Cognizant, Amazon, Vodafone, Kotak Life, Google, IBM, Cipla, Godrej, and many more.
Facilities:
IIM Udaipur:
Highly equipped classrooms with high-end systems, projectors, and video-conferencing facilities, IT resources, a library with a rich collection of books, e-books, e-journals, CDs/DVDs, and case studies are the facilities offered.
SCMHRD:
Facilities offered at the institute include a health center with specialized doctors, a yoga center, gymnasium, hostels, a library with a huge collection of more than 2000 audio and video files, 24000 books, and periodicals.
Scholarships:
IIM Udaipur:
The institute offers financial aid to deserving students. Some of the scholarships offered are as follows.
Central Sector Scholarship Scheme for students of Scheduled Castes and Scheduled Tribe.
Merit-cum means based scholarship for students that belong to the minority community.
Scheme of Scholarship for students with disabilities.
Mukhya Mantri Sarvajan Uchcha Shiksha Scheme for students from Rajasthan.
SCMHRD:
Scholarships are offered only to students of MBA who top the first semester. A total of 50% tuition fee waiver is covered by the scholarship.
IIM Udaipur is counted amongst the best prestigious B-schools of the country with state-of-the-art facilities in the campus and highly experienced and trained faculties whereas SCMHRD is one of the top 20 business schools in the country and 3rd best for HR and also is a preferred location for companies and has a controlled batch-size.
One of my seniors used to be a student of SCMHRD and he gave an analytical comparison between the two institutions.
Name of the institute |
Fees |
Average Placements |
Size of the batch |
SCMHRD |
15,45,000 INR |
Marketing: 14.70 LPA HR: 15.3 LPA |
240 (180 core+ 40 IM + 20 BA) |
XIMB |
18,70,000 INR |
13-18 LPA |
Above 400 |
In terms of location, SCMHRD is one step ahead of XIMB because the former is closer to Mumbai, the financial capital of India.
In spite of both institutes having an equally strong alumni network but as HR is the strong point of SCMHRD, it edges out XIMB in this regard as well. Marketing is also very strong in SCMHRD.
So, my senior recommended SCMHRD. Consulting is the forte of XIMB. However, both colleges are unique in their own ways.
SCMHRD has a huge alumni base. Here are a few famous SCMHRD alumni.