NMIMS does not accept CAT scores. For people whose score in CAT is not sufficient to get them good IIM calls, NMAT by GMAC is one of the alternate exams through which they can get into a pretty decent college. Usually the cut off is around 207 - 210 (which is not very difficult to achieve) NMIMS is located in the business hub of India (Mumbai). It has a very strong alumni network and has a legacy of being over 35 years old. However the batch size of NMIMS for its flagship MBA program still remains a concern. The batch size does not affect the quality of education as such, but plays a very important role in placements. In General, the higher the batch size, the less likely it is to have a very good placement for all students (with exceptions like ISB). There is a big difference in top 20% and bottom 20% offers.
The course remains the same for all first year students ( 3 trimesters per year). This is to equip students with basic knowledge of all subjects. The students get an option to chose subjects of their choice in second year. Specialization is decided based on the maximum numbers of subject chosen from each domain. The decision to chose a subject is mostly dependent on the quality of the faculty, the feedback from the seniors and the interest of the student considering the relevance of the subject in today's world It is mandatory for all students to undergo a one month long social internship (most of the students get their internships under an NGO chosen by the college in their hometown) - a unique thing about NMIMS Day to day learnings in classes are driven by case based study approach. Harvard case studies are used for all subjects along with the regular text books. There are marks for mid terms, final terms, class assignment and class participation.
Almost everyone gets a paid internship (few students opt out in case if they can manage internships on their own)
The college ensures that everyone gets placed. The quality of placement decreases with time. (first 50% offers are quite good). Decent placements across all domains. Average CTC usually remains around 15 -16 LPA and highest around 37-38 LPA. Lowest CTC would be around 8-9 LPA. Majority of the batch remains in the range of 12 - 16 LPA
Affordability is an issue. The overall cost of MBA including accommodation and food is approximately 5-6 lacs more than the tuition fees. There were very less scholarship opportunities from the college (benefitting less than 5% of the students as far as I remember), however there are options of corporate scholarships. The college's affinity for money could be judged from the fact it is one of the few colleges which charges you even for attending the group discussion and personal interviews NMIMS MBA could arguably be one of the costliest MBA programs in India.
NMIMS has many committees where students can get into. There are committees that have huge responsibility on them like Placement Committee, Student Council, Industry Partnership cell and then there are domain wise clubs and cells like NJM (for marketing), Finomenon (for Finance) and Optimuz (for Operations). Joining any one of them basis the interest will guarantee additional knowledge and exposure apart from few extra lines on the CV. Apart from these there are interest based cells and societies for dramatics, dancing, photography etc. The annual business fest is Paragana which is held every year around October (www.paragana.nmims.edu). It contains inter college competitions, fests, seminars and corporate events. Classroom infra is quite modern and comparable to any top college of India. Lack of hostel is a major disadvantage for peer learning.
NMAT by GMAC is the written test to get admission for MBA programs. The cutoff is usually around 207-210 (94 percentile). Students clearing the overall cutoff and sectionals cutoffs are invited for the GD and PI. GD happens among 10-12 students per group and the topics are usually related to economics, current affairs, business news etc. (it is very unlikely that you will encounter topics related to politics or religion). GD is not an elimination round (all students are moved to PI) so even if people perform poorly in the GDs, they can still make it by having a good interview. The interview usually has 3 people in the panel (One faculty, one alumni and one industry expert). The interview mostly revolves around the Statement of Purpose which the candidate submits. The candidates are judged on their interest, clarity of thoughts and how this course will help them achieve what they want to
The students become eligible from trim 5 for campus placements. The average package offered is around 10L. The approximate companies that visited the campus were 50-60 and the highest package received in the 2021 batch is 22 lacs p.a. 100% batch is placed for summers as well as for final placements and the role offered is also good.
Big opportunity to get easily placement. A lot of companies came every 6 months. There is a special class for students on how to crack interviews during placement time which very helpful for students. The faculty will provide every possible help to get selected for the interview.
From semester 1 itself, students are eligible for summer internships with companies like DE Shaw, Acresium, JP Morgan and Chase, Marsh coming in with various profiles. The highest stipend offered is 1.45 lacks an average being about 25 thousand. From trimester 4 onwards you become eligible for Final placements. About 160-170 companies come in total for the placement process and the highest package is about 28 lakhs and average about 10 lakhs is offered. Almost 90-95 percent of the students are placed.
Quite a good experience as of now as there is a beautiful balance between academics and extra curricular activities. There are different cells and clubs in ISBM where you learn real life management skills, put whatever you have learnt in your studies. Being a member of lifestyle development cell, I exactly know how important these cells are and may impact on your life.
Firstly I gave CAT and then applied for ISBM, a few days later, got a email that I got selected for the interview process but at the D-Day had to give aptitude exam, wrote an essay , group discussion and then gave interview taken by the President of ISBM.
I applied for the MBA program are granted on the basis of a management level entrance exam like CAT/XAT/MAT. Students have to apply with their entrance scores and academic details like graduation marks etc. The college will invite the shortlisted students for a GDPI round. A merit list is prepared on the basis of all these factors and that's how the entire admission process looks like in our college.
Placements are pretty decent in our college. We got an immense amount of assistance from the placement cell. They have tie-ups with some of the leading businesses of their niche domain. Some of the companies which visited our campus during my batch include brands like TCS, Karvy, Oakland Capital, HDFC, CBRE, etc. The average packages offered were also pretty decent at around 7 LPA.
I absolutely love studying at Yashwantrao Chavan Maharashtra Open University. I get the best faculty possible to teach me the material. Fees is affordable too. If you are thinking of taking admission here, you should.
College is very good. Faculty is world class . Management too is good . But i would warn you that all depends on you . Dont think they will feed you too the mouth. I would rather say the foor is ossom but you will have to use your hands to eat it.
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