If your ideal career choice requires you to get an MBA  degree, then selecting a good college in management is very important. Selection of a good college is very important also because it gives you a better idea of how to go about with the preparation to be eligible for that particular institution.

Looking for the correct college for your desired course can be a little tedious, but in the grand scheme of things, these little efforts would bear a lot of fruits. So, if you go about the selection process in a methodical and meticulous manner, it would help you in making a concrete and rational choice for yourselves.

Things to consider before you make the choice:

Both LBSIM and FORE school of Management are impeccable choices to study management and they have an exemplary display of alumni, as well as faculty, but the things that are to be considered seriously before choosing one of the colleges is a very simple task.

You need to compare the parameters like the selection process, admission process, eligibility criteria, annual fee structure, the fee breakup (in case someone wants to pay in installments), the faculty members’ education qualification and job profile, and last but not the least, the average per annum salary during placements.

Lal Bahadur Shastri Institute of Management

1. Approval: All India Council for Technical Education (AICTE)
2. Affiliation: Association of Indian Universities (AIU) and National Board of Accreditation (NBA)
3. Entrances: Common Admission Test (CAT), Graduate Management Admission Test (GMAT)
4. Courses offered: PGDM General, PGDM Finance, PGDM Executive, PGDM Part Time, and others.
5. Number of seats: PGDM General- 180 Seats, PGDM Finance- 60 seats, others- 60 seats per batch.
6. Fee structure: PGDM General- around 10.34 lakh INR,  PGDM Finance- around 10.34 lakh INR, PGDM Executive- 5.2 lakh INR, PGDM Part Time- 3.25 lakh INR.
7. Average package: 8.5 lakhs LPA
8. Highest package offered: 21 LPA
9. Number of companies that offer placements: 118.

FORE School of Management

1. Approved by: All India Council for Technical Education (AICTE)
2. Affiliated to: National Board of Accreditation (NBA)
3. Entrance exam: Common Admission Test (CAT), Graduate Management Admission Test (GMAT), Xavier Admission Test (XAT).
4. Courses offered: PGDM, PGDM IB.
5. Number of seats: PGDM-180, PGDM IB- 120.
6. Fees structure: 15 lakh INR
7. Average package: 10.6 LPA
8. Highest package: 30 LPA
9.  Number of companies that offer placements: 102

Well this was a tabulated and analytical comparative study between the two colleges of management- Lal Bahadur Shastri Institute of Management and FORE School of Management. We ardently hope that this article was useful even to the tiniest bit to help you choose a better college to pursue your management degree.

Keeping in mind all these parameters, a very detailed study and genuine past pupils’ review is also a very good way to get an in-depth knowledge about the business schools in general. Simply, if the career choice you are about to make resonates with any institution, we would suggest you enroll in it.

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