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IMT Ghaziabad Vs XIMB Vs SCMHRD - A Comparative Guide

Apr 19, 2018 | 12 minutes |

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In this article, I will objectively compare three well-recognized institutes of the country based on various parameters as illustrated below.

Why does this comparison matter?

The harsh reality of CAT and other entrance exams is that we all dream of an IIM, but entry into these elite institutes is extremely difficult due to the ratio of seats available and the number of applicants every year. In this case, the mentioned business schools and others in their league come as knights in shining armour for those who do not want to waste another year hoping to get an MBA. In other words, they do not make the perfect the enemy of the good.

Therefore this b-school comparison may help you to decide which MBA institute is right for you even if your CAT performance was not what you expected.
The various parameters that have been evaluated (especially Fees and Placements and Location) may help you decide your preference.

(Information below is on the basis of data for Class of 2016-2018)

Rankings:

Rankings are indicative of the quality of an institute but do not provide a cogent basis to select one institute over the other. However, you can use these rankings as a starting point to understand what MBA portals and aspirants think of these institutes.
2018 InsideIIM MHRD-NIRF (Based on Graduation Outcomes Parameter)
SCMHRD 31st NA
XIMB 32nd 14th
IMT Ghaziabad 33rd 26th

Fees and Placements:

MBA fees are being increased every year, owing to the increasing need to provide better infrastructure to students and to accommodate the salary expectations of the hardworking faculty. Therefore, the fees of an institute, paired with its placements, provides you with an opportunity to assess the ROI of an institute. An institute which charges Rs. 15 lakhs and provides an average placement of Rs. 7 Lakhs is very clearly the least preferred option.
2018 Fees (2 Years) Highest Package Average Package Top Recruiter Companies
SCMHRD 17.1 Lakhs 28.74 LPA 14.04 LPA Colgate Palmolive, ITC, TATA Motors, Deloitte, Cognizant, McKinsey
XIMB 21 Lakhs 21 LPA 13.18 LPA Amazon, Deloitte, KPMG, PwC, TCS
IMT Ghaziabad 17.50 Lakhs 25 LPA 11.6 LPA Deloitte, Accenture, Google, KPMG, Mahindra and Mahindra, RBS, Wipro
Note - None of the 3 institutes provide great ROI. However, one must think beyond the ROI only (although it is an important factor). However, if ROI was considered in isolation then SCMHRD appears to be the best of the lot.

Batch strength:

The batch strength of an institute defines the competition that you are likely to face in terms of academics and placements. However, on the flipside, it also presents an opportunity to develop a vast network with people from diverse backgrounds.
SCMHRD  227
XIMB   For the class of 2017, batch strength was
360 (BM) and 120 (HRM)
IMT Ghaziabad  543

Student Profile:

What kind of students get admission into these institutes? What are their backgrounds? How many have work experience? (Based on the outgoing batch)
  1. 33% of the batch consists of women.
  2. 41% of the batch is aged between 24-25, and 37% of the batch is aged between 22-23.
  3. 21% of the batch consists of students from non-engineering backgrounds.
  4. 65% of the batch consists of students with work experience.
  1. 34% of the batch consists of women.
  2. 75% of the batch consists of Engineers.
  3. 42% of the batch consists of freshers, while 24% of the batch has work experience of 1-2 years.
  1. 20% of the batch consists of women.
  2. 28% of the batch consists of freshers, while another 28% consists of those with 2-3 years of work experience.
  3. 73% of the batch has done their B.Tech, while 15% of the batch has done BA (Hons).

Exchange Programme:

An Exchange programme is a once in a lifetime opportunity for students to experience the culture and method of teaching in esteemed foreign institutes. There is a chance to explore another country and network with people. SCMHRD has two exchange programs with Berlin School of Economics and Law and Telecom Ecol de Management.

IMT Ghaziabad has a tie-up with 70 international institutes, and a student is given an opportunity to spend 1-2 semesters at any one of these institutes.
Some of these institutes are Arizona State University, Warsaw School of Economics, Leipzig Graduate School of Management, Paris School of Business, Copenhagen Business School etc.

XIMB has signed 9 Memorandums of Understanding with 9 international universities, namely EUROMED Marseille Institute of Management, France; REIMS Management School, Reims Cedex-France; Facultad de Economia, IQS, Barcelona, Spain; University of Antwerp, Belgium; Warsaw School of Economics, Warsaw, Poland amongst other Universities.

XIMB also has an International Relations Centre (IRC) which handles International Exchange Programmes.
Here is an XIMB student's exchange programme experience.

Curriculum:

Infrastructure:

Campus life:

Alumni Network:

IMT Ghaziabad:
IMT's Alumni Relations Committee organises IMTtalks, a series of guest lectures which allow alumni to provide insight to students about their post-MBA experiences. They also organize the All India Alumni Meets (AIAMs), which provide Alumni a chance to interact with each other and catch up. IMT also has a bi-annual magazine for alumni called 'Sampark'.

Apart from this, IMT is also coming up with an IMT Alumni mobile app to keep the ex-students connected with their alma mater.

XIMB:
XIMB has its own Alumni portal, along with an XIMB Alumni (PMIT) Facebook page which facilitates a strong connection between the alumni across the country. Apart from this, 'Grand Homecoming' and 'Sandhiya' are the annual Alumni meets organised by the Alumni Committee. X-Alma is a mentorship initiative which allows students to get mentorship from those who have an immense amount of experience, and possess a desire to impart that knowledge to future managers. X-Post is an online newsletter which connects the XIMB fraternity.

SCMHRD:
The Institute has the Alumni Relations Team which is responsible for alumni engagement activities for over 3800 alumni. They also organise connect drives and city meets to maintain a good connection with the alumni of the institute. SCMHRD's annual Alumni meet, 'Footprints', provides a chance to the ex-students to reminisce about their times as an MBA student and catch up with their batchmates.

Location Factor:

Note - Ghaziabad and Pune have a clear advantage over Bhubhaneshwar in terms of location.
If you have been a city dweller for the majority of your life, it will take time for you to adapt to a slower way of life in these smaller cities. It will be an all-new experience to reside in developing cities and be away from the rush of a Metro.

The above-mentioned institutes are some of the most preferred institutes for those who did not manage to get admission into the top-10 MBA institutes. The quality of learning is very good. Paired with the experience of living in a small city and interacting with people from all backgrounds, your MBA experience will be worth remembering for life.  If you have any suggestions, corrections or questions, please let me know in the comments below! (This report is based solely on secondary research) For more such B-school comparisons, click here.