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Which is the better option, NMIMS, SIBM, or IMI Delhi?

AS
Amrit Sehegal Posted On : March 15th, 2023
Studied at IMI Delhi

When selecting between IMI, NMIMS, and Symbiosis for your MBA, keep in mind that all three institutes are located in great urban centers with easy access to corporate offices and opportunities. If you're interested in Corporate Finance or Financial Markets profiles, IMI and NMIMS should be great options for you. However, Symbiosis has traditionally held an edge in Marketing and HR due to its diverse gender profile and mobility.

All three institutes are considered niche colleges that provide a decent MBA in Delhi or Bombay, with good opportunities for summer internships and frequent visits from recruiters. While ranking them can be difficult, NMIMS has fallen behind in recent years and is now lagging behind in terms of job opportunities in Finance or other fields in Bombay.

When it comes to Finance jobs, IMI stands out with better CTC offers, but remember that other factors, such as the exposure you receive, the profile you are offered, and your own performance during your studies, will also play a significant role in your future career success. Therefore, be sure to research each institute thoroughly and choose the one that best aligns with your goals and interests.


 

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Among all the Symbiosis business schools present in Pune, which are the better ones apart from SIBM-Pune and SCMHRD? 

PM
Pooja Maity Posted On : October 30th, 2020
MBA Marketing, Symbiosis International University, Poona (2017)

Except SIBM-Pune and SCMHRD, all SIIB, SIDTM, and SCIT colleges are the best Symbiosis business schools present in Pune. The admission process is the same for all and is based on entrance tests followed by personal interview and group discussion. 

Ranking 

  • SIIB, Pune holds rank 59th among the best business schools in India issued by Career Launcher. 
  • SIDTM, Pune holds 17th rank for Business schools in the western region issued by The Week. 
  • SCIT, Pune holds 7th rank for MBA issued by Analytics India Magazine. 

Tabulated below gives a brief overview of both institutions:

Particulars

SIIB

SIDTM

SCIT

No. of seats

210

150

180

Top recruiters

ITC ABD, VMware, Zydex Industries, Darashaw, Accenture, Merck (MSD), HDFC Bank, Dun and Bradstreet, , BOX 8, Michael Page, Axis Bank

Accenture, Aditya Birla Group, Airtel, Capgemini, Cognizant, CRISIL, Deloitte, HCL Technologies

ACCENTURE, American Express, Axis Bank, Capgemini, Deloitte, Ernst & Young, EXL Services, Gartner, HCL Comnet

Average salary

10.60 lakhs

11.60 lakhs

11.1 lakhs

Admission process

  • The admission process is wholly online with an application fee of 1000 INR. 
  • Admission for MBA in this university is based on an entrance test known as SNAP followed by a written ability test, personal interview, and group discussion. 
  • With this students are required to have a graduate degree with 50%.

Placements

SIIB, Pune

  • Companies like ITC ABD, VMware, Zydex Industries, Darashaw, Accenture, Merck (MSD), HDFC Bank, Dun and Bradstreet, BOX 8, Michael Page, Axis Bank, HDFC Life, etc visit the campus every year. 
  • The average salary package offered is up to 10.60 lakhs and the highest salary package is up to 19.50 lakhs. 

SIDTM, Pune

  • Companies like Accenture, Aditya Birla Group, Airtel, Capgemini, Cognizant, CRISIL, Deloitte, HCL Technologies, IBM, etc visit the campus for good placements. 
  • The average salary package is 11.06 lakhs and the highest salary package is up to 16.50 lakhs. 

SCIT, Pune

  • Companies like Accenture, American Express, Axis Bank, Capgemini, Deloitte, Ernst & Young, EXL Services, Gartner, HCL Comnet, and so on come every year for placements. 
  • The average salary package is up to 10 lakhs and the highest package is up to 31 lakhs. 

Overall all colleges of Symbiosis are equally good at their place. All business schools provide good facilities, Infrastructure of institutes are also pretty well maintained. All institutes provide 100 % placements to students. The teachers are very helpful and kind. The environment of the schools is also friendly and engaging.

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Which among these is better for an MBA, Nirma, KJ Somaiya, or SIIB in Pune?

SG
Sweta Gupta Posted On : May 26th, 2022
MBA Finance & Marketing, K.J. Somaiya Institute of Management Studies and Research (2016)

For an MBA, KJ Somaiya is the best option among these. It is well recognized in the industry. It also has a locational advantage. As it’s located in Mumbai, it’s easier to get placements and internship opportunities. KJ Somaiya placements 2022 concluded with an average CTC of INR 10.95 LPA. The placement rate is around 98%. 

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Which college is better for MBA, IIM Trichy, IIM Udaipur or SIBM Pune?

YA
Yash Arora Posted On : January 25th, 2023
Studied Marketing at Indian Institute of Management, Tiruchirappalli, Tamil Nadu, India

In the long run, it can be argued that the Indian Institutes of Management (IIMs) may offer better opportunities for learning and growth compared to the Symbiosis Institute of Business Management (SIBM). While an opportunity to learn from any IIM is certainly wonderful, it is worth noting that the IIMs are known for their rigorous academic programs and may push students very hard.

In terms of specific areas of study, IIM Trichy may have a stronger focus on finance compared to IIM Udaipur, but in other specializations, the two institutes may be relatively similar. However, IIM Udaipur may offer more support for entrepreneurs and may provide easier access to international exposure. Ultimately, the decision of which institute to attend should be based on an individual's priorities and goals.

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How good is SIBM, Pune actually in terms of placement and academics?

DS
Dhvani Singh Posted On : May 10th, 2022
Studied at Symbiosis Institute of Business Management, Pune

SIBM Pune is a reputed B-School and its MBA program ranks among the top 20 MBA programs in the country. It ranks a little behind the top B-schools like IIM ABCL, FMS, XLRI, etc. But it is ahead of tier 2 B-schools. 

It is a great option for pursuing an MBA, especially for specializations in HR and Marketing. The institute has an impressive placement record. SIBM Pune placements 2022 have witnessed an average CTC of INR 23 LPA. While the highest CTC is 35 LPA.

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NMIMS, SCMHRD or SIBM Pune, which would be better for Finance — learning, competitions, placements wise?

TS
Tanya Sangvi Posted On : October 30th, 2020
MBA in Operations & Supply Chain, Symbiosis Institute of Business Management, Pune (Graduated 2014)

Narsee Monjee Institute of Management Studies (NMIMS) institute is one of the best management universities in India. Admissions in this university are based on qualifying exams NPATand NMAT followed by personal interview and counseling. 

Symbiosis Institute of Business Management (SIBM) Pune is one of the best business schools in India. Admission to this university is based on an entrance test known as Symbiosis National Aptitude Test (SNAP) followed by personal interview and group discussion. 

Symbiosis Center for Management & Human Resource Development (SCMHRD) holds 13th rank for MBA issued by times. Admissions for MBA are based on an entrance test followed by a personal interview and group discussion. 

Placements

Narsee Monjee Institute of Management Studies (NMIMS)

  • Companies like Bank of America, Barclays, EY, Deloitte, Vedanta, Accenture, Aditya Birla, Amdocs, Google, Deloitte, etc visit the campus every year. Last year about 166 companies visited. 
  • Approximately the average salary package offered to students of this university was up to 17.97 lakhs and the highest salary package offered is 30.37 lakhs

SCMHRD

  • Companies like Accenture, Accenture, Avalon Consulting, Axis Bank, Bajaj Auto, Barclays Bank, Bridgei2, Capgemini, CITI Bank, etc visited campus for placements. 
  • The average salary package is up to 15.6 lakhs and the highest package salary is up to 38.5 lakhs. 

Symbiosis Institute of Business Management (SIBM) Pune

  • Companies like Airtel, Capgemini, Samsung, Accenture, Wipro, HSBC, Dell, etc visit the campus every year in search of good placements. 
  • The average salary package offered to students is up to 20.08 lakhs and the highest salary package is up to 34.26 lakhs. 

Infrastructure and faculty

NMIMS

  • Hospital, sports ground, Wi-Fi facility, well-equipped labs, and all necessary facilities are available on campus. 
  • Teachers are well-qualified, knowledgeable, and very helpful. 

SCMHRD

  • The university has a huge and beautiful campus. 
  • The teachers are very helpful and kind. 
  • The environment of the university is also friendly and engaging.

SIBM

  • University has a huge campus with all necessary facilities like equipped labs, sports ground, spacious classrooms, Wi-Fi facilities, and others.
  • Teachers are very knowledgeable and well experienced in their particular fields. 

Overall all institutes are good for and the admission process of all institutes is also not that tough. But if we particularly talk about placements then NMIMS and SIBM are better than SCMHRD and NMIMS even has a record of 100% placement last year. With this, all institutes have an engaging and encouraging environment.

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Is MICA worth joining given the hike in their fees from 16.5L to 20L, and average packages standing at 12.8L? How good is it compared to SIBM Pune or IIM Shillong?

MS
Mitali Sharma Posted On : February 4th, 2021
MBA Marketing, Symbiosis Institute of Business Management, Pune (2020)

There are several factors that you should consider before deciding on a business school. Fee is one of them; though the fees you pay at any business school is not directly equivalent to the average package offered, so keep that in mind before making any decision.

Now, Management schools generally increase their annual fees by 10 to 20% every two years. For instance, in the year 2018, MICA increased their fees from Rs 16.5 lakhs to 18.5 lakhs and then last year, they increased it again to Rs 20 lakhs. Similarly, SIBM Pune increased their fees by 20 % in the year 2018. Thus, bear in mind that most business schools change their fee structure annually or bi-annually while it is a deciding factor, it is also highly common.

Tabulated below are the recent fee structure and average salary offered by the institutes:

Institute Name

Fee Structure

Average Salary

MICA

21 LPA

13.9 LPA

SIBM Pune

18.8 LPA

20.14 LPA

IIM Shillong

10 LPA

18.76 LPA

Comparison:

  • MICA is a good management school in itself but when compared to other business schools, it falls short. The college needs to work harder to establish itself as a full-fledged business school when compared to business schools like SIBM Pune or IIM Shillong. 
  • The college offers great placements but the roles offered are very different from the roles a traditional MBA would offer. 
  • Placement offers are mainly from the Media and Advertising field. For instance, this year alone FMCG made up 23% of the placement offers while Media and Advertising companies made up approximately 31%. 

MICA is an excellent college with a unique structure; people are creative and innovative there. The college will definitely help you grow and will offer you a very different and unique experience, unlike a traditional management school. While it is a good and upcoming college; it has to work to match up to management colleges like SIBM Pune and IIM Shillong.

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As compared to SIBM, Pune, where does SCMHRD, Pune stand?

VM
Vani Mishra Posted On : April 28th, 2022
MBA from Symbiosis Institute of Business Management, Pune (2017)

SIBM Pune has a slight edge over SCMHRD. It is the first campus of Symbiosis and has a legacy of more than four decades. It has a wider and stronger alumni network. The cutoff for the two campuses varies only by 0.2-0.4 percentile with SIBM having the higher cutoff most years.  

SIBM Pune placements have been pretty good over the last few years. According to the placement highlights of 2022, the average CTC offered to the students was INR 23.06 LPA. The highest CTC offered was INR 45.5 LPA. 

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Is IIM Nagpur a better choice than SIBM Pune?

WS
Wriddhiman Saha Posted On : January 30th, 2023
Placement Records and about Institutes

IIM Nagpur recently concluded the final placements for the sixth batch of its flagship MBA program, reporting a 15% increase in average salary to Rs. 15.21 LPA for the 2020-22 batch. Despite an increase in tuition for the 2022-24 batch, the 2-year program fees remain at Rs. 18 lakhs. The current batch, which was the first to experience a hybrid learning model, successfully completed campus placements virtually. IIM Nagpur attracted recruiters from a variety of sectors including consulting, BFSI, FMCG/FMCD, ITES, e-commerce, manufacturing, and logistics.

Similarly, SIBM Pune, the flagship institute of Symbiosis International University, successfully completed its campus recruitment program for the 2020-2022 MBA flagship and leadership & strategy batch. The institute saw record numbers this year, with over 100 organizations participating in the recruitment drive across sectors such as automotive, BFSI, consulting, FMCG/FMCD, healthcare & pharmaceuticals, IT/ITES, and manufacturing, among others. This success can be attributed to the institute's student-driven culture, strong corporate engagement model, and rigorous academic program.

According to the placement report for the 2021-22 batch, the institute saw a 49.77% increase in the highest salary, which stood at INR 45.5 LPA. The average salary for the batch was INR 23.06 LPA, with female students receiving an average of INR 24.81 LPA and male students receiving an average of INR 22.31 LPA. These figures demonstrate the strong performance of the batch in the job market and the value that employers place on the institute's graduates.

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For marketing, which among SIBM-Pune, NMIMS-Mumbai or MICA is the best?

TC
Tanuj Chandra Posted On : March 9th, 2023
MBA from SVKM's NMIMS (Graduated 2018)

If you're looking to specialize in marketing and work in fields such as strategic communication, advertising, and media management, then MICA would be the perfect fit for you. They offer a range of courses and programs that focus specifically on marketing, making it an ideal choice for those who want to go deep in this field.

However, if you're an engineer looking for a more general approach to sales and marketing, you may want to consider NMIMS Mumbai, SIBM Pune, or IMT Ghaziabad. All three institutes are similar in their approach to marketing, but each has its unique advantages and disadvantages.

NMIMS Mumbai, for example, has a higher cost and a smaller campus compared to SIBM and IMT. However, it also boasts a strong brand and alumni network, which can be very advantageous when it comes to finding jobs or internships. Additionally, the packages offered by NMIMS are generally higher than those at IMT and slightly better than SIBM.

On the other hand, SIBM Pune and IMT Ghaziabad offer a larger campus and a more affordable cost of attendance. However, they may not have the same level of brand recognition or alumni network as NMIMS Mumbai.

Ultimately, it comes down to what you value most in an institute. If you want a strong brand and alumni network and are willing to pay a higher cost for it, then NMIMS Mumbai might be the right choice for you. If you're looking for a more affordable option with a larger campus, then SIBM Pune or IMT Ghaziabad may be a better fit.

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