To give you a better idea regarding which college is better for PGDM in finance I would like to give you some details for each of these colleges.

  ISB&M( International School of Business & Media) situated in Nande,Pune was established in the year 2000, offers a plethora of courses, PGDM in Finance is one of them. One can apply by CAT,MAT,CMAT,XAT scores. The cut off for various exams are 60 percentile for both CAT/XAT & 500 for MAT. The 2 yr. fees is 10 lakhs excluding hostel charges. The placements are good with average package being 5-6 lakhs, highest is 15 lakhs and major recruiters are ICICI, KOTAK, American Express, & ING Vyasya Bank. A lot of student driven events like conferences & seminars are organised in the campus which help them to interact with the industry people & get a know how of the corporate world.

   IBS Mumbai (ICFAI business school) established in 1995 gives admission on the basis of CAT/XAT/MAT/IBSAT scores. 65 percentile is the cut off for interview stage. The fees for 2 yr. program is 8 lakhs excluding hostel fees. Regarding placements average salary offered is 6 lakhs highest being 12 lakhs & major recruiters are ICICI, HDFC, Kotak, SBI life. A lot of extra-curricular activities happen in the campus of which you can be part of.

  IPE Hyderabad( Institute of Public Enterprise) established in 1964 in Telangana offers a course in banking, insurance & financial studies, one can apply through all the national level exam scores. The cut off is 70 percentile for CAT & 650 for MAT. 2 yr. fees is 8 lakhs excluding hostel costs. The placements are also good, average is 5 lakhs & highest is 9 lakhs and major recruiters are ICICI, HDFC, Jarur Vyasa bank, South Indian Bank. Compared to other two it is around 50 yrs. old so definitely it's alumni base is quite strong.

    So as you can see that the fees is a bit high for ISB&M but the placement scenarios are similar for all 3 colleges, even the companies visiting the campus are almost same barring a few, only the IPE is a bit older & hence a more stable college compared to other two. So my suggestion is go for IPE.

Hi!

IBS Mumbai is more like a College rather than B-school.

Plus points-

1) Updated course- you get to learn new things as it is private institute and not government where syllabus is almost never up updated

2) Best faculty's- Professional faculty's with expertise in specific areas, experienced faculty's (20+ years) in industry. Huge take aways from their lectures, seminar and interactions.

3) Decent placements

Good Luck! 

Hello

IBS Mumbai is independent professional institute offering PGPM. It is neither affiliated to nor is off-campus center of any university.

Check the details

https://www.ibsindia.org/vadi_faq/does-aicteugc-recognize-ibs-programs/

Good Luck!

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Hello Harshita,

According to the placements record (2018) of ITM Business School, Navi Mumbai , highest and average salary specialization wise was as follows-

Marketing -

Highest Salary - 15 L

Average Salary- 7.5L

Finance -

Highest Salary - 12 L
Average Salary - 7L

IT & Analytics -
Highest Salary - 14.5 L

Average Salary - 6.8 L

Supply Chain & Operation Management -
Highest Salary - 12.5 L
Average Salary - 5.8 L

International Business -

Highest Salary - 13.5 L
Average Salary - 6.8 L

Retail Management and Marketing-
Highest Salary - 10 L
Average Salary - 6 L

Human Resource and Management -
Highest Salary - 8 L
Average Salary - 5.6 L

Financial Markets -
Highest Salary - 10 L
Average Salary - 6 L

Check the detailed information - https://www.itm.edu/post-graduation-diploma-management/pgdm-navi-mumbai-institute/

While comparing the colleges placements and rankings are usually considered.

As per the placement records of IBS Mumbai ,
Average Salary offered for the year 2018 was 6.29 lakhs and Highest Salary was 12 Lakhs (National) and 22.36 Lakhs (International).

Placement of IBS Pune -
Average Salary offered was 6.24 Lakhs and Highest Salary was 12.10  Lakhs (National) and 8.49 (International).

Ranking

• ITM Business School, Navi Mumbai was ranked 27th by Careers360 B-school 2018.
• IBS Business School, Mumbai was ranked 7th among Top B-Schools in West zone by Careers 360.
• IBS Business School, Pune was ranked 64 by Careers360 B-School ranking.

You can select the college as per your preference.

Good Luck!

Hey Abhi,

New Delhi Institute of Management is clearly better than IBS because of its rank and placement packages. 

The average salary is 7.2lakhs p.a. whereas in Indian Business school, it is only average 5lakh p.a.

The placement percentage is 100 in NDIM whereas it's 80% in IBS.

Hope this helps, all the best.

Dear Bharath , firstly thank you for refering careers360. 

It is difficult for us to predict as both the colleges are equally good and great . So we suggest you to apply in the both the colleges and get into the college you desire . Need not worry as both colleges are good .

All the best !

According to Careers360 reports, ITM Navi Mumbai has a rating of AAA+ and IBS Mumbai has a rating of AA+. This clearly shows that ITM Navi Mumbai is better. Last year, the average salary package offered by them is 7 lakhs p.a. and the highest salary package was 15lacs p.a., please decide accordingly.

Hope this helps, All the Best.

IBS or any other top B-schools do not provide a special course in operations management, there are a few colleges for dedicated Operations Management but if we talk about IBS Pune or Mumbai campus then the curriculum goes like this

First year will be common for all the students where they will teach you aspects of Finance, Marketing, Accounts, HR, Quants and few other programs. In the second semester you'll get to know about Operations management, deeper concepts of Marketing,finance, economics etc. In the second year you'll have to choose from the subjects given choice of. Our of 7/ subjetcs, you'll be able to elect 4-5 which can be from Marketing, Finance, HR or Operations. You can either go for all the subjects of a same domain or all 5 different subjects. But the story takes a turn during placements- 90% of the companies will be there for Marekting/sales, Finance jobs and rest will be HR and then a few MIGHT come for operations. So, opting out opertations is your choice in IBS or even IIMs but point concerned is the placements. 

Hii Parth Mandirwala...

That might be the percentage becuase according to the previous years cutoff if you have a score of mininum 150+ you can get admission into IBS mumbai.

You even have more options to get into that institute if you have not got good marks in the above case.

Admission Process

IBSAT 2018

IBSAT is an online aptitude test conducted by The ICFAI Foundation For Higher Education (a deemed to be University under Section 3 of UGC act 1956), for students seeking admission to the MBA / PhD programs of IBS Hyderabad.

IBSAT is a Computer Based Test (CBT) and consists of multiple choice questions. IBSAT is of 2 hours duration and is aimed at testing the applicant’s ability in quantitative techniques, data interpretation, data adequacy, vocabulary,analytical reasoning and reading comprehension.

CAT/ GMAT / NMAT

GMAT/NMAT by GMACTM/CAT scores (from 2016 onwards) are also accepted in place of IBSAT 2018. Candidates with GMAT®, NMAT by GMACTM or CAT scores are exempted from IBSAT 2018.

The ICFAI University, Dehradun, The ICFAI University, Jaipur and The Icfaian Foundation accept IBSAT 2018 / GMAT®/ NMAT by GMACTM/CAT scores (from 2016 onwards) for admission to the following programs:

MBA program offered by IBS Dehradun and IBS Jaipur.

PGPM(Post Graduate Program in Management) program offered by IBS Ahmedabad, IBS Bengaluru, IBS Gurgaon,
IBS Kolkata, IBS Mumbai and IBS Pune campuses

Selection Process

Candidates who have qualified based on IBSAT 2018/ GMAT® /NMAT by GMACTM/CAT score are called for the selection process at IBS Hyderabad in February 2019. The selection process comprises of Group Discussion and Personal Interview.

Admission decision

The final selection is based on past academic record and performance of the candidates in Group Discussion and Personal Interview

Visit official site for more info- https://www.ibsindia.org/admissions/

Hope this helps you. All the best.

Hi there. 

If the only deciding factor is the package and as you have mentioned that the difference is not too much then by all means you should stay in Mumbai. 

Staying near your home will be better because you will have all facilities of food and shelter and the care of your parents. Moreover, you will be able to save a lot of your time if you stay near to your home. 

If you go to live in a completely new city, it will bring its own challenges. From finding a house to food, your basic necessities would start stressing you out and you might become homesick and your career would be affected because of all this. 

Think peacefully and then choose wisely. 

The nearer to home, the better. 

Hope this helps .

All the best!