Which college would be better to pursue MBA from - NMIMS Mumbai or SIBM Pune? 

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Risha Dasgupta Posted On - Oct 11, 2020
MBA Finance, Symbiosis Institute of Business Management, Pune (2019)

NMIMS Mumbai and SIBM Pune are both leading B-schools in India which have proved their worth through consistent results, academic programs and excellent placement opportunities. NMIMS is located in Mumbai whereas SIBM is in the heart of Pune city. Both of these institutes have a range of prosperous alumni and securing an MBA seat in any of these would be excellent for students looking to pursue an MBA.

College

Fees

Placements

NMIMS

9.35 LPA

Average Package 17.58 LPA

SIBM

3.25 LPA (first year)

Average Package 20 LPA

Ranking:

  • Symbiosis Institute of Business Management (SIBM) has been ranked 22nd amongst all top B-Schools in India by NIRF Ranking 2020.
  • NMIMS has been ranked as a category 1 university by MHRD and has been accredited A+ by NAAC with a 3.39 CGPA.

Admissions

NMIMS Mumbai

  • For admission to NMIMS students are required to have a verified undergraduate degree and test scores of GMAT.
  • For students who have not given GMAT, they can appear for NMAT which is conducted by NMIMS. The final admissions will be based on merit.

SIBM Pune

  • Admission to SIBM requires students to give the SNAP test along with Group Exercise, personal interview, and writing ability test (WAT).
  • Candidates who appear to all these rounds will be considered for admission on the basis of merit.

Placements

NMIMS Mumbai

  • At NMIMS, the MBA program has the highest salary packages. Over 166 companies participate in their campus recruitment drive.
  • The highest salary package was of 34.11 LPA with the average package being 17.58 LPA.
  • The top recruiters are ICICI Bank, Honeywell, Wipro, L&T Infotech, Kotak Mahindra Bank, Capgemini, Aditya Birla Capital, HDFC bank, Maruti Suzuki, Cognizant, Deloitte, Max Life Insurance, IBM, OYO, AVIVA India, etc.

SIBM Pune

  • SIBM offers placements throughout the year as well as internship opportunities for junior students.
  • Over 90 recruiters visit the campus for recruitment.
  • The highest package was at 34.56 LPA with the average being 20 LPA.
  • Over 28% of placement offers were in Fortune 500 companies.

Thus it completely depends on the student which institute they wish to choose. It also depends on their preferred area of residence and financial capabilities. It is also important that students talk to alumni before making any decisions.

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