Which is better BSc Economics from NMIMS or BMS from St. Xavier’s?

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Karishma Khatri Oct 21, 2020

Both NMIMS and St. Xavier’s are highly reputed institutes in Mumbai and ranked amongst the top 10. NMIMS is ranked 22nd by NIRF in the MBA category while St.Xavier’s is ranked 4th by The Week for Arts. NMIMS has international collaborations with University of Florida, TelAviv University and King's College London amongst many others. Both these institutes have highly qualified faculty who strive to curate global leaders.

Admission Process

NMIMS

  • Admissions to BSc Economics at NMIMS is conducted through NMIMS NPAT.
  • NPAT can be given within 5 windows and the best of three are used to shortlist the candidates.
  • 30% of seats in each program are reserved for girls.

St. Xavier’s

At St.Xavier’s, students are given admission for BMS based on a 60% weightage to Entrance Test and 40% weightage of Class XII aggregate marks.

  • Intermediate graduate or possess a diploma in any English branch with a 2/3/4-year duration after passing the SSC exam.
  • The intake is 60 students per batch. Out of these, 50% seats are reserved for Christian Minority.

Fee Structure

  • The fees for Bsc Economics at NMIMS is 1.26 lacs per year. 
  • The total fee at St. Xavier’s is 1.12 lacs per year.

Placements

NMIMS

After BSc Economics at NMIMS, a student can pursue PG in economics/management, a career in finance/industry/banks, market research institutions as market analysts. The key placement highlights are:

  • There is an average of 77% placement for this course.
  • The highest CTC offered was 11.6 LPA
  • The average CTC offered was 4.6 LPA
  • 20+ summer internship offers
  • The chief recruiters were Verity Knowledge Solutions, Tres Vista, JP Morgan India Services, Education International, Nomura

St. Xavier’s

After BMS, a student can get into administration & operations, project management (executive level), enterprise management, human resource management & development, data management & system analysis, sales & marketing, and financial management. The notable features about placement statistics are:

  • The median salary is 4 LPA.
  • Average placement rate over 50%
  • The top recruiters are Accenture, Axis Bank, Crisil, Mahindra & Mahindra, and SAP.

BMS and BSc Economics are entirely different fields to compare. Selecting a course and a college depends much on the present industry developments apart from personal interest. It is upto the individual to analyse and come to a conclusion after considering the stats.

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