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‘So, here comes the new series in Compare Business Schools – Fact check.
In this Series we will be comparing VITBS vs XISS vs NMIMS Bangalore vs SIBM Hyderabad vs WE School.
VIT B School MBA Admission 2024. Fees, Placement and Eligibility
In this list of comparative B Schools only VIT BS is NIRF 2023 Ranked (17th). VIT BS founded in the year 1994, which is much later than XISS, Ranchi (1955) has 3 campuses (Vellore, Chennai & Bhopal), whereas XISS is based out of a single campus at Ranchi. WE School, Mumbai was formed in 1995 and rest two institutes NMIMS, Bangalore and SIBM Hyderabad was formed in the same year in 2008.
In terms of Fees, VIT BS has the lowest with Rs 7 Lakh, followed with Rs 9.25 Lakh for XISS. WE School Mumbai has a fee of Rs 11 Lakh and it is Rs 18 Lakh for NMIMS Bangalore and Rs 13 Lakh for SIBM Hyderabad.
WIth an Average CTC of Rs 12 LPS NMIMS, Bangalore leads the pack closely followed by Rs 10.50 LPA for WE School, Mumbai. VIT BS comes next in the ist with an Avg CTC of Rs 9.68LPA then comes XISS, Ranchi at Rs 9.40 LPA and SIBM Hyderabad with an Avg CTC of Rs 8.5 LPA.
NMIMS Placements 2023. Highest Salary for MBA is Rs. 67.8 LPA
The Intake Capacity of VIT BS is 180 seats which is similar to NMIMS Bangalore and SIBM Hyderabad, whereas XISS has an Intake of 330 seats and WE School with 600 seats leads the list.
VIT B School, SBM NMIMS & IFMR GSB top B Schools for NMAT as per ROI
NMIMS and SIBM accepts NMAT and SNAP Test scores only others like XISS it is CAT/ XAT / CMAT ; VIT BS and WE School Accepts a majority of Test scores, FOr VIT it is CAT /XAT/ MAT/NMAT/GMAT/CMAT/ATMA , for WE School it is CAT/XAT/CMAT/GMAT/MH CET/ATMA.
In terms of ROI ( which is usually calculated as a comparative of Fees and other costs invested viz -a-viz Placement Salary) VIT BS clearly surges ahead of the other B Schools in the list.
VITBS vs XISS vs NMIMS Bangalore vs SIBM Hyderabad vs WE School
VIT | XISS | NMIMS Bangalore | SIBM Hyderabad | WE School | |
---|---|---|---|---|---|
Established | 1994 | 1955 | 2008 | 2008 | 1995 |
Location | Vellore, Chennai, Bhopal | Ranchi | Bangalore | Hyderabad | Mumbai |
NIRF Ranking 2023 | 17 | N.A | N.A | N.A | N.A |
Specialisation | MBA | PGDM HRM, Rural, Marketing | MBA | MBA | PGDM |
ROI | 2.8 | 2.0 | 1.3 | 1.3 | 1.9 |
Fees (In Lacs) | 7.0 | 9.25 | 18 | 13 | 11 |
Avg CTC'23 | 9.68 | 9.40 | 14 | 8.5 | 10.5 |
Highest CTC'23 | 15.00 | 20.50 | 19.7 | 13 | 25 |
Avg CTC'22 | 6.4 | 7.19 | 11.5 | 7.5 | 9 |
Highest CTC'22 | 15.00 | 20.50 | 25.00 | 15 | 21 |
Exam Accepted | CAT /XAT/ MAT/NMAT/GMAT/CMAT/ATMA | CAT/XAT/CMAT | NMAT | SNAP | CAT/XAT/CMAT/GMAT/MH CET/ATMA |
CAT/XAT Cut off | 65 | 50 | 220 | 85 | 70 |
Seats | 180 | 330 | 180 | 180 | 600 |
Full-Time Faculty | 28 | 55 | 22 | Common | N.A |
Student Faculty Ratio | 6.4 | 6.00 | 15.00 | ||
Campusutra Rating | *** | 2.5 | ** | ** | N.A |