[rahul dev]

First thing i wanna know that since NIBM was having 1 year course before and now providing the same degree(which i suppose wouldn't eb the case) in 2 years , so is this course now like a full fledged course being offered in finance by other premier college ...
and few more qsns,may sounds pretty odd but ..
1) What is the avg. pkg offered and what's the profile being offered to seniors .. how many levels above a general PO are they being provided job ?
2) What's the location in general being provided to them ? are they placed anywhere in India or mainly in tier-1 city and in headquarters of these banks?
3)am 24+ now ... and will be round 27 when placement will be taking place there at that time if i join this batch ... so will that affect my chances in placement in those psu banks.Please PM me in case the answer is negative :(
I have 2 years of work-ex till now in an IT MNC.... and have decent acads including a bit of extra curri... what probably would be teh %ile (tentative) for my case

[saurabh1986]

Originally Posted by rahul dev

First thing i wanna know that since NIBM was having 1 year course before and now providing the same degree(which i suppose wouldn't eb the case) in 2 years , so is this course now like a full fledged course being offered in finance by other premier college ...
and few more qsns,may sounds pretty odd but ..
1) What is the avg. pkg offered and what's the profile being offered to seniors .. how many levels above a general PO are they being provided job ?
2) What's the location in general being provided to them ? are they placed anywhere in India or mainly in tier-1 city and in headquarters of these banks?
3)am 24+ now ... and will be round 27 when placement will be taking place there at that time if i join this batch ... so will that affect my chances in placement in those psu banks.Please PM me in case the answer is negative :(
I have 2 years of work-ex till now in an IT MNC.... and have decent acads including a bit of extra curri... what probably would be teh %ile (tentative) for my case

Hi
Course curriculum is the exact replica of IIM Bang....

1.See in PSU's there is a component of variable salary involved in ur total salary....so mentioning avg would b a bit dicy......Regarding profiles would say that seniors got placed in MMG Scale 2 in the areas like Risk management,treasury management(investments),Credit Analysis..and i will ask u to enquire more about this from anyone working in any PSU...kabhi ghumte firte chale jaana SBI ki kisi branch me..

2.Students generally gets placed at the corporate offices..but u can always give preferences too aur fir tumhaari kifmat..(main bhi f ko f bolta hun..)

3.there would be no probs whatsoever regarding age factor....i think max is somewhere in the bracket of 30-32...

what probably would be teh %ile (tentative) for my case??do u mean the safe percentile to convert??

[viki_007]

Hi can you please suggest that should i apply for NIBM 2010-2012 as my age will be 29 when i passout .During placement it will be difficult to be eligible for different PSU bank.
I am telling you this info because some of NIBM friend in orkut told me different age during placement somebody told it is 28 and somebody 30.

please tell.

[saurabh1986]

Originally Posted by viki_007

Hi can you please suggest that should i apply for NIBM 2010-2012 as my age will be 29 when i passout .During placement it will be difficult to be eligible for different PSU bank.
I am telling you this info because some of NIBM friend in orkut told me different age during placement somebody told it is 28 and somebody 30.

please tell.

Hi
Kindly check ur PMbox...

[gauravpruthi]

could mr andy tell me that whether this 2 year programme at NIBM is equivalent to an MBA degree or not.
well my profile is
xth - 81.4
xiith - 77(non-medical)
graduation : - bsc (honours) mathematics

first year :- 87 , second year :- 81 , final year :- 70

and by the time i get into any b school i will have 14 months work ex.

well my problem is that i want to do my mba in finance only as i don't like any other specialization , but my only concern is that whether this degree at NIBM will be considered equivalent to an MBA degree or not because in future , to move up the corporate ladder one should have an mba degree or a degree equivalent to mba.
well i need reply in an explicit and implicit way as i have still a speck of doubt over the degree which will be provided at the end of the completion of the course.
also tell me the average and median salary offered at NIBM because i haven't found any precise answer yet despite of the fact that i have already read each and every post of this year and last year thread.

[viki_007]

Thank you.

[andy_jaan]

Originally Posted by gauravpruthi

could mr andy tell me that whether this 2 year programme at NIBM is equivalent to an MBA degree or not.
...............degree at NIBM will be considered equivalent to an MBA degree or not because in future , to move up the corporate ladder one should have an mba degree or a degree equivalent to mba.
...............
also tell me the average and median salary offered at NIBM because i haven't found any precise answer yet despite of the fact that i have already read each and every post of this year and last year thread.

Explicit Reply : NO
PGPBF in its one years Avtaar was not even a serious contender and hence NIBM modified the program duration to two years with a more comprehensive curriculum in order to present its case to AICTE more strongly. So there's a fair chance of PGPBF getting AICTE approval soon, but NIBM offering MBA (Finance or otherwise) doesn't look like a possibility to me.
Regarding your career graph (up the ladder ), you should be a better judge and I will restrain from making generic comments on MBA finance being helpful in career growth or otherwise.
Talking of money factor, 40% batch get placed in SBI, which offers a package of 6 LPA and this is standard across Tier II (non IIMs/MDI etc.) institutes in India. For other PSBs, scale II salary are disclosed on Govt. site or concerned whomsoever you trust most as if recruited they don't have a policy to offer more/less on the same scale.
Regards,
ANdy

[gauravpruthi]

Originally Posted by andy_jaan

Explicit Reply : NO
PGPBF in its one years Avtaar was not even a serious contender and hence rwise) doesn't look like a possibility to me.

Regards,
ANdy

well thanks for answering my query , but could u please tell me that will this programme be equivalent to an MBA DEGREE , IF IT IS NOT AN MBA DEGREE. will it be considered as post graduate programme equivalent to mba or pgdbm in finance.
please reply , i would be thankful to you.

[andy_jaan]

Originally Posted by gauravpruthi

well thanks for answering my query , but could u please tell me that will this programme be equivalent to an MBA DEGREE , IF IT IS NOT AN MBA DEGREE. will it be considered as post graduate programme equivalent to mba or pgdbm in finance.
please reply , i would be thankful to you.

As far is corporate sector is concerned, you'll be eligible to work in any department/position (more so in banking or related sector). But it tough to include each and every company as some Govt. sector jobs do have constrains of an MBA, but this should be a very little portion as not only universities offer pure MBA like FMS else even IIMs give a diploma only.
So, I stick to my word, MBA or otherwise, totally a matter of personal perspective and career choices.
Regards,
ANdy

[gauravpruthi]

Originally Posted by andy_jaan

As far is corporate sector is concerned, you'll be eligible to work in any department/position (more so in banking or related sector). But it tough to include each and every company as some Govt. sector jobs do have constrains of an MBA, but this should be a very little portion as not only universities offer pure MBA like FMS else even IIMs give a diploma only.
So, I stick to my word, MBA or otherwise, totally a matter of personal perspective and career choices.
Regards,
ANdy

well , i can purport what u r trying to say but my only concern is that to get the higher offices in the corporate world , they ask for a degree which is either an mba degree or a degree equivalent to mba . well i don't have even a speck of doubt about the financial prowess of nibm but my only concern is that i don't want to get plummet in future just because of not having a degree which is equivalent to an mba degree.
as u said ""''' mba or otherwise , totally a matter of personal perspective and career choices "'" , i want to know what is ur perception about the degree which will be provided to me (if i go for this course after 2 years) , would it become a constraint to get what i really want.
and whatever u said about degree provided at fms and iims , we all know that both the degrees hold an mba programme stature in the corporate world. so please try to extricate my query , i would be glad if u could do it for me and i know you can.