Singapore Institute of Management

Full-scholarships for covering tuition fees are rarely given by Sindhi Institute of Management. Merit-based scholarships covered fees between 20% and 50% on the behalf of students with good scores in the entrance exams, such as CAT, MAT, and Karnataka PGCET, or in their academic performances. Financial aids can be provided to those who are economically weaker sections upon production of proof of income and verification of eligibility.

SIM takes an initiative in facilitating scholarships by the government like Karnataka’s Post-Matric Scholarships for the SC/ST/OBC candidates that help reduce tuition fees considerably. Management quota admissions hardly get any benefit of scholarships, as usually the fees are higher. The applications must provide documents at the time of admission to be eligible for such aids. 

Reports on campus placements of MBA students place the highest package from the Sindhi Institute of Management (SIM) at INR 7–8 LPA. Top-level recruiters include Deloitte, HDFC Bank, and ICICI Bank alongside the sectors' local firms offering job roles in marketing, finance, HR, and operations. Average packages earned have been in the range of INR 3–4 LPA, while finance and marketing stone-holders get much heftier offers.

The placement cell also organizes training to help the students develop soft skills and sharpen their aptitude and interview techniques, further facilitating their employability. Placement conditions are erratic, leaving a handful of students to seek placements off-campus due to low levels of campus drive activity.

Admission without CAT 2: Admission to the MBA or PGDM at the Sindhi Institute of Management (SIM) can always be without CAT. SIM admits the students based on scores secured in alternative entrance tests such as MAT, CMAT, XAT, ATMA, or Karnataka PGCET for MBA admission.

A candidate needs to have a recognised degree with at least 50% score (45% in respect of reserved category) and a valid score in one of these exams, followed by group discussions and personal interviews. For the management quota, direct admission is provided based on academic merit and interview; thus, the candidate need not appear for the entrance exams, though fees are higher.

The fee structure for different courses at the Sindhi Institute of Management (SIM) varies from programme to program. The fee for undergraduate courses like the BBA, BCA, and B.Com has an annual fee range of around INR 50,000 to 80,000 dependent on choice of specialization.

The MBA fees, however, are far higher, spread over about INR 1,00,000-1,50,000 per year, making it around INR 2,00,000-3,00,000 for the two years. There are also many incidental charges like admission fees (INR 5,000-10,000), examination fees, and hostel charges (optional) which may be anywhere between INR 60,000-80,000 per annum. Scholarships or fee concessions may also be available for meritorious or economically deprived students.

Choosing an institution that a student wants to join at NSB Bangalore or Sindhi Institute of Management (SIM) would depend on various factors. It may be the faculty, infrastructure, placements, or specialisation of focus areas for institutions. Here's a brief comparison to help you make the wise decision :-

Reputation :-

NSB Bangalore is in general considered a reputed institution in Bangalore for its MBA program., .
SIM, however, has developed a very good reputation especially in the Sindhi community, as it is known for affordable education.
Placements:

Though SIM has relatively good placement records, it is not as greatly exposed to corporate involvement as is NSB Bangalore.
NSB Bangalore has much higher placements in top companies with lucrative salary packages.
Faculty & Infrastructure:

Better environments are provided in NSB Bangalore because of the qualified faculty along with a modern infrastructure with industry connections.
Faculty and facilities are available decently at SIM but may not match the resource availability and networking opportunities at NSB Bangalore.
Location:

Both institutions happen to fall in the popular city of Bangalore, which is perhaps even more beneficial to students in terms of internships and industry exposure.
Fees:

SIM is relatively cheaper than NSB Bangalore-in fact, it can be a deciding factor for any student looking for a cost-effective option. If you are looking for exposure in the industry, placements, and better networking, you should choose NSB Bangalore; while if cost is a major factor and you want a decent program, its SIM.