What are the pros and cons of IIM Mumbai?
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2 Answers
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With support from the International Labour Organisation (ILO) and the United Nations Development Programme (UNDP), the Government of India founded IIM Mumbai, formerly known as NITIE, in 1963. IIM Mumbai is frequently listed as one of India's best B-schools. In the National Institutional Ranking Framework (NIRF) rankings for 2022, IIM Mumbai is placed ninth out of all management institutes in India. INR 51 LPA was the highest compensation offered during the IIM Mumbai placements of 2023–2024, and INR 31 LPA was the average package. According to student reviews on the Shiksha website at IIM Mumbai, there aren't any such drawbacks
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The below-mentioned are pros and cons of IIM Mumbai:
Pros
- Being one of the IIMs, the college enjoys a good reputation. Due to this, the college is visited by top companies such as Microsoft, Goldman Sachs, and Pine Labs
- The IIM Mumbai faculty is quite good. IIM Mumbai faculty are PhD, degree, and Diploma holders. IIM Mumbai faculty has a strong educational background
- IIM Mumbai arranges various seminars and fests for students and teachers
- The college infrastructure is good and facilitates the educational needs of the students
Cons
- Getting into this college is quite tough due to tough competition
- Some students may find the fee high.
Similar Questions for you
IIM Mumbai offers financial assistance in the form of financial assistance to PhD scholarships. During the first and second years of the PhD, students get INR 37,000 per month. Additionally, during the third, fourth and fifth years of the programme students receive INR 42,000 per month as a stipend.
To apply for the various scholarships offered at IIM Mumbai, students need to visit the official website of the institute. IIM Mumbai provides various government-aided scholarships to PhD scholars. The links for all of the scholarship portals are made available on the site. Applicants can fill out the form and go through the procedure as specified by the guidelines of the concerned authority.
In order to determine which is better for a MBA between SASMIRA and Indian Institute of Management Mumbai, candidates can compare based on their specialisation, seat intake, fees, cutoffs, etc. A comparison of the two universities for their MBA courses on different parameters, including seat intake, fees, and ratings, is presented here:
Particular | MBA at SASMIRA | MBA at Indian Institute of Management Mumbai |
|---|---|---|
Tuition Fee | INR 4.4 lakh | INR 14 lakh |
Seat Intake | 180 | - |
Overall Shiksha Rating | 3.8/5 | 4.6/5 |
NOTE: The above-mentioned information is taken from their respective official sources. They are still subject to change and, hence, are indicative.
IIM Mumbai MBA in Operations and supply chain management offers a blend of core and elective subjects under the curriculum. Moreover, most of the core subjects are assigned a credit score of three. The names of the offered core subjects are as follows:
- Data Science for Managerial Decisions
- Operations Management
- Marketing Management
- Financial Reporting & Accounting
- Supply chain management
- Managerial Communication, etc.
To compare and find out which is best for an MBA course among IIM Mumbai and NSB Bangalore, candidates must consider various factors, such as the highest placement package, course fees, ranking, rating, etc. Interested candidates can refer to the following table for a brief comparison:
| Particular | NSB Bangalore | IIM Mumbai |
|---|---|---|
| Tuition Fee | INR 8.6 Lacs to INR 8.8 lakh | INR 14 lakh |
| Overall Shiksha Rating | 4.4/5 | 4.6/5 |
NOTE: The mentioned fee is taken from the official website/sanctioning body. It is still subject to change and, hence, is indicative.
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