Is it worth doing an MBA from Indian B-schools like SCMHRD or JBIMS or will I always be inferior to those from top IIMs or XLRI?

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Anamika Ghose Posted On - Aug 18, 2022
Master of Business Administration, Indian Institute of Management, Ahmedabad

Doing an MBA from top IIMs and XLRI have its advantages. These are the best management schools in the country and offer excellent career opportunities and exposure. But it doesn’t necessarily mean pursuing an MBA from JBIMS will not be worth the investment. It ranks right after IIM ABC, XLRI, and FMS. It has maintained a stellar placement record over the years. JBIMS placements 2022 concluded with an average CTC of INR 27.63 LPA. The return on investment is great.

SCMHRD isn’t as reputed as JBIMS. But it is also a good B-School with decent placement record. The average CTC for SCMHRD is around INR 16 LPA. 

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Harish Kumar Posted On - May 30, 2021
Market Analyst (2019-present)

One of my friends studied at JBIMS, and he mentioned it is undoubtedly one of the top institutions in India. You must be lucky enough to secure a seat there. Here, let me share some details that make JBIMS stand out.

  • JBIMS has very few seats. Most of the seats are offered to Maharashtra residents.
  • It also has a very low fee structure as compared to other B-schools. The total fees are around INR 3 lacs.
  • There are a few of the IIMs and FMS which would probably be better than JBIMS.
  • Studying in JBIMS and living in Maharashtra have their own benefits. The state is known as the commercial capital of the country, therefore, getting a job would not be much tough.
  • You would get to take part in industry visits, internships, and seminars.
  • SCMHRD is not as good as JBIMS but it is still a good school. As per many students, the college boasts of really good placements. The graduates from SCMHRD are highly valued.

Categories

SCMHRD

JBIMS

Course Fee

11.4-16.06 lakh

1.52-7 lakh

Highest CTC

38 LPA

34 LPA

Average CTC

15 LPA

22 LPA

Recruiting Companies

Godrej, Loreal, Reliance, Nivea, etc.

Capgemini, Aditya Birla, HP, KPMG, etc.

Other than top-notch IIMs and FMS, JBIMS is the other best option. The students should look for more detailed information before making any choice.

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