MBA in Risk and Insurance 

at Banaras Hindu University, Varanasi

Banaras Hindu University offers a two-year full-time MBA course at the postgraduate level. BHU offers MBA courses via the Institute of Management Studies under the Faculty of Management Studies. The faculty of Commerce also offers MBA courses. The University was ranked #48 by the National Institutional Ranking Framework (NIRF) 2024 in the Management category.

Further, the highest and average package offered during BHU MBA placements 2024 stood at INR 23.5 LPA and INR 11.1 LPA, respectively. More than 65 companies visited the campus during BHU MBA placements 2024. So, considering these parameters, one can definitely pursue an MBA degree from Banaras Hindu University. Some of the top recruiters during the placements were IBM, Infosys, Wipro, etc. 

36% of the total were offered Management Trainee and Executive roles during BHU Management placements 2024. In addition, 21% of the total students got the Senior Associate and Consultant roles. Moreover, 13% of the students secured Assistant and Deputy Manager roles. The key highlights of BHU Management placements 2024 are presented below:

Particulars	Management Placement Statistics (2024)
Highest package	INR 23.5 LPA
Average package	INR 11.1 LPA
Offers made	181
Total recruiters	65+
Total students	165
Top recruiters	Cognizant, Genpact, Adani Wilmar

Earlier, the key highlights of BHU FMS MBA placements 2023 are presented below:

Particulars	MBA & MBA-IB Statistics (2023)	MBA-AB Statistics (2023)
Highest package	INR 38 LPA	INR 15 LPA
Average package	INR 11.3 LPA	INR 7.19 LPA
Median package	INR 10.4 LPA	INR 7.5 LPA
Companies visited	54	21
Total participating students	120	54
Students placed	120	54
Top profile	Consultant (38% offer)	Consultant (38% offer)

Both the universities are popular for their programmes. However, BHU has an edge as it has got a good ranking under Management category by NIRF. For candidates reference, the NIRF ranking and MBA fees for both the universities is presented in the following table:

MBA Universities	NIRF Ranking '23	MBA Fees*
BHU	56	INR 10,230 - INR 1 lakh
JNU	-	INR 12 lakh

*The above-mentioned fees are taken from an unofficial source. Hence, are indicative. Moreover, the fee range might include course fees at university-affiliated colleges as well. 

No, CAT is not necessary for MBA at BHU. The university offers a two-year full-time MBA course at the postgraduate level. Candidates seeking admission must visit the official website of the University (bhu.ac.in) to apply online. BHU MBA admission is based on candidates' performance in the CAT entrance test. The final selection is based on the student's performance in the GD & PI rounds. However, for admission to the MBA special courses of study, candidates can get admission with a valid CUET-PG score. Apart from this, the course aspirants must fulfil the course-specific eligibility requirements as well.

BHU MBA admission start with the release of the application form. Apart from CAT application form, aspirants have to apply on BHU IMS admission portal as well. CAT registration 2023 have closed and the exam is scheduled for Nov 26. Moreover, MBA and MBA IB application process 2024 has started at IMS, BHU. The application form was released on Oct 5 and the last date to apply is Jan 3, 2024.

{Source: MBA/PGDM students & alumni}

Effectiveness of the Placement Cell for MBA/PGDM Programs at BHU

* Placement Record: Approximately 70-80% of students from the MBA programme at BHU get placed through campus placements, with top recruiters including General Insurance, ICICI Bank, Axis Bank, and others.

* Internship Opportunities: Almost all students receive internships from the college, providing valuable work experience and industry connections.

* Placement Cells: There are two placement cells one at the college level and another at the university level working together to facilitate placements and internships for students.

* Supportive Faculty: The faculty members are highly qualified, knowledgeable, and supportive, providing guidance and mentorship throughout the placement process.

* Industry Exposure: The college provides regular industrial visits and projects, enabling students to gain hands-on experience and develop practical skills.

* Infrastructure and Amenities: The campus offers excellent infrastructure, including state-of-the-art laboratories, libraries, and recreational facilities, creating a conducive learning environment.

* Career Guidance: The college provides career counseling and guidance to help students prepare for the placement process and achieve their career goals.

Overall, the placement cell at BHU's MBA programme is effective in providing students with numerous opportunities for internships and employment, thanks to its strong industry ties, supportive faculty, and excellent infrastructure.

{Source: MBA/PGDM students & alumni}

Based on the reviews and feedback from students and alumni, here's a summary of the pros and cons:

Pros:

* Good placement records: Approximately 70-80% of students get placed through campus placements, with top recruiters like ICICI Bank, Axis Bank, HDFC Bank, and General Insurance Company offering attractive packages.
* Industry-ready curriculum: The course curriculum is designed to make students industry-ready, with a focus on practical knowledge and skill development.
* Experienced faculty: The faculty members are highly qualified and knowledgeable, with many having years of industry experience.
* Infrastructure and facilities: The college has good infrastructure, including Wi-Fi, computer labs, and a library, making it conducive to learning.
* Strong campus culture: The college has a strong campus culture, with regular events and festivals like Spandan and Kashiyatra, providing opportunities for socializing and networking.
* Supportive staff: The staff is supportive and helpful, with seniors and alumni often willing to mentor and guide students.

Cons:

* Limited job offers: While placement records are good, not all students may receive job offers, especially in niche areas or industries.
* Competitive market: The job market can be competitive, and students may face challenges finding employment after graduation.
* Some courses may not have direct relevance: While the course curriculum is designed to be industry-ready, some students may find that certain courses or topics are not directly relevant to their desired profession or industry.

Overall, considering the positive comments and feedback from students and alumni, MBA/PGDM at BHU appears to be a worthwhile investment for those seeking to develop a strong foundation in finance and management. While there may be some limitations and challenges, the programme seems to offer a solid education and good placement prospects.

The key highlights of BHU Management placements 2024 are presented below:

Particulars	Management Placement Statistics (2024)
Highest package	INR 23.5 LPA
Average package	INR 11.1 LPA
Offers made	181
Total recruiters	65+
Total students	165
Top recruiters	Cognizant, Genpact, Adani Wilmar

Further, according to BHU Overall NIRF report 2024, the key highlights of BHU placements 2023 as compared with 2022 are presented below:

Particulars	Placement Statistics (2021)	Placement Statistics (2022)	Placement Statistics (2023)
UG 3-year median package	INR 6.5 LPA	INR 8 LPA	INR 8 LPA
UG 3-year total students	3456	3564	4872
UG 3-year students placed	431	480	503
UG 4-year median package	INR 7 LPA	INR 8 LPA	INR 8.5 LPA
UG 4-year total students	389	402	488
UG 4-year students placed	18	52	46
PG 2-year median package	INR 6 LPA	INR 8 LPA	INR 9 LPA
PG 2-year total students	4012	4112	4331
PG 2-year students placed	320	882	946

{Source: M.Sc. students & alumni}

Effectiveness of Placement Cell for M.Sc. Programs at BHU

* Placement Statistics: According to the students' reviews, around 80% of students were placed, with the highest salary package offered being INR8 LPA and the lowest being INR3 LPA. Top recruiting companies include Pradan, VNR Seeds, BRLPS, JSLPS, etc.
* Job Opportunities: The course offers job opportunities in the field of forensic sciences both within India and abroad.
* Mentorship and Career Guidance: Although the college doesn't provide internships, the dedicated placement cell works towards providing placement assistance to students.
* Recruitment Companies: Top recruitment companies visiting the campus include Reliance, Wipro, and TCS, among others.
* Role Offered: The top roles offered to graduates include IT specialists, Java developers, front-end developers, back-end developers, IT trainees, and more.

Overall, while some students mentioned that getting a job can depend on their hard work and experience, the placement cell appears to be effective in placing students in various companies.