Where do I take admission among Welingkar, Pumba, and NIBM?

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Anubhav Patil Posted On - Aug 4, 2022
M.M.S from Welingkar Institute of Management Development and Research

If you are interested in Banking and Finance, NIBM is the obvious choice. It offers better future prospects, ROI, and exposure. Foreign Banks, Private Banks, NBFCs, Consulting Firms, etc. take part in NIBM Pune placement and offer niche job profiles. As per 2022 statistics, the average CTC for the institute is INR 10.50 LPA. 

NIBM boasts of an excellent faculty base. The course curriculum is regularly updated according to industry trends. 

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Ashutosh Singh Posted On - Oct 29, 2020
M.M.S from Welingkar Institute of Management Development and Research (2019)

Welingkar Institute of Management Development and Research, commonly known as WeSchool ranked 15th in the top B-School category and bagged 12th position in West Zone by Times of India.

Whereas, National Institute of Bank Management (NIBM) is among India's reputed business schools. NIBM has been ranked 88th in the 'Top B Schools of India' list.

In the Department of Management Sciences, Savitribai Phule Pune University, (PUMBA) is also a well recognized A graded with five stars Premier Business School in India.

The table given below shows a brief overview of both institutions:

Particulars

WELINGKAR

NIBM

PUMBA

Rank

68th

88th

41st

Fees

11.04 lakhs

3.75 LPA + 29K

2lakhs

Highest Package

INR 13.32-15 LPA.

INR 18 LPA

INR 16.5 LPA.

Average Package

INR 8.72-9 LPA.

INR 10 LPA

INR 6.43 LPA


Admission Process: 

Welingkar Institute:

  • Candidates must have 50% marks aggregate.
  • Final year candidates are also eligible to apply.
  • Based on CAT/XAT/ATMA/CMAT/MH CET scores candidates will be further intimated for Personal Interview and Group Activity.
  • Fee charges are around INR 14-15 Lakhs.

NIBM:

  • Candidates are selected based on CAT, XAT(80%), CMAT(95%) scores, followed by writing tests and interviews.
  • The seat intake is around 120 seats.
  • The course fee for PGDM is 3.75LPA + 29K (Hostel Charges per annum).

PUMBA: 

  • Candidates must have passed with 50% marks or CGPA.
  • Maharashtra candidates need to qualify MH-CET. Outside Maharashtra, students can apply through CMAT/CAT/MH-CET.
  • 85% seats are reserved for Maharashtra students and 15 % seats are for non-Maharashtrians.
  • Shortlisted candidates have to register themselves in DTE Maharashtra, where all further procedure and allotment of college takes place.
  • The admission fee is charged around 2 Lakhs for MBA.

Infrastructure:

  • In NIBM the campus is centrally air-conditioned and wi-fi approved. Cultural festivals are conducted every year. Poses Auditorium, IT equipped laboratories and digital library. Girl's Residentials are fully furnished with strong security 24X 7.
  • PUMBA has a lush green campus, a perfect environment to develop a manager out of an individual.

Placements:

Welingkar Institute:

  • Welingkar assures 100% placement to its students.
  • BFSI is the top recruiter of Weklinger, hiring almost 34% of the students.

NIBM

  • NIBM assures 100% placement.
  • Axis Bank, Deloitte, Federal Bank, State Bank of India, HDFC Bank are some of the prominent recruiters of NIBM.

PUMBA :

  • In the past trends, 96.25% of students got placed from PUMBA.
  • ACC Ltd, ONGC, M&M, TVS, Forbes Marshall, etc are the top hiring companies of PUMBA.

Weklinger has a better location and offers comparatively more opportunities than others. For Banking and Finance, NIBM is always a better option. The ultimate choice is upon you and your area of interest.

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