Get Answers on Test Preparation, Admissions & Campus Life
Study Abroad Countries
How is the MStat at ISI compared to an MBA at IIM Ahmedabad, IIM Bangalore, or IIM Calcutta in terms of job and higher education perspectives?
In terms of job opportunities, IIM is far superior.
IIM A, B, and C would have an average placement of around 22 LPA, whereas ISI would have 16-17 LPA. However, you must keep in mind that you would pay at least INR 20 lac for your IIM degree while receiving a 65k stipend and contingency grant from ISI for free.
You might start out as a data scientist, financial analyst, or consultant if you join ISI, and you would advance along that career vertical. IIM exposes you to a much broader range of roles such as FMCG, general management, and so on.
In terms of higher education, 40-50% of ISI batches pursue Ph.D. programs in the US/abroad, while nearly 100% of IIM batches pursue jobs. Going straight to a Ph.D. after IIM is difficult due to the large educational loan (assuming you take one). However, many of them pursue Ph.D. degrees at various business schools around the world.
However, these institutes (ISI and IIM) are incomparable because one teaches statistics, and the other management. These are two very different topics. So it all comes down to what you want to do with your life.
What are the good MBA colleges in Kolkata, with their placement details? Except IIM Calcutta.
Some good MBA colleges in Kolkata apart from IIM Calcutta are:
-
IISWBM: It is the oldest B school of India. It is amongst the top management colleges in Kolkata. It provides 100% career opportunities. It is ranked amongst 100 of Asia’s Best and fastest growing education institutes in the Business School category. It does not just offer MBA courses but prepares the students for the future.
-
BIBS
-
MDI Murshidabad
These colleges are good for core finance profiles like derivative analyst,Market research,Asset management,Business analyst, etc. Don’t go for any other MBA schools. They will just foist a hardcore financial ‘unsought’ product sales profile. But before anything choose your field of interest from HR,Sales,core finance,Financial sales. Only then will you be able to choose the best college.
What is the average class size at IIM Calcutta?
The average class size of IIM Calcutta is 60 students for the first year. For second-year students, the average size of the class depends upon the specialization each student is opting for. Since marketing is one of the favorite subjects of MBA students, the size of a class of a marketing subject remains around 150-180. It further gets divided into sections, so the average size of a class for the second year is somewhere around 50-60. IIM Calcutta’s intake for the MBA batch is 462, so it is a bit hard to manage the class strength, so there might be little ups and downs in the numbers.
Which one should I opt for: PGDCM from IIM Calcutta or PGPM from IIM Lucknow?
If we compare PGDCM and PGDM at IIM Calcutta, we see that both the courses have the same networking, placements and even infrastructure.
Now if you compare both the IIMs, IIMC and IIML, there is hardly any difference in the curriculum or even placements. So deciding which IIM to go for depends on your own preferences.
But if you are planning to quit IT then I suggest going for the full-fledged MBA course from IIM Lucknow rather than a system at IIM Calcutta.
IIM Lucknow will offer excellent exposure and placements and you will end up getting an above average salary package for consulting.
How good is the EPBA Course of IIM Calcutta? How helpful is it in getting another job in Analytics?
The EPBA or Executive Program on Business Analytics is a one year part time course with a fees of around INR 5.10 Lakh. The benefits you will derive from this course are
-
You will get an excellent exposure to data science
-
You will become well versed in all aspects of business, marketing, finance, supply chain, operations
-
it opens various doors of the many new opportunities for your business company
Keep in mind that this is not a specialisation course. Rather it exposes you to a broad spectrum of data sciences and will teach you how the analytics should be used to power your business decisions. This course adds a great value to managers and business leaders.
But if you are looking for a beginners course in tool expertise in Data Science, then this course is not for you.
How beneficial is it for an entrepreneur to choose PGDBA (IIM Calcutta, ISI Kolkata, IIT Kharagpur) over regular MBA program from other IIMs?
Choosing PGDBA over a regular MBA program is definitely worth it. With technology becoming the foundation of every company today a regular MBA program is not sufficient. You need to be well versed in data analytics, machine learning, and artificial intelligence. This is when PGDBA comes into picture. This course offers a perfect knowledge of handling data to meet the competitive edge.
I have listed some major benefits of the PGDBA course that might assure you of its worth.
-
The course helps to automate things and take a more technological approach to every business decision.
-
This course will provide you with the brand name of 3 best institutes all together. This makes it better than the regular MBA program.
-
Interacting with faculties of 3 different institutes does not stagnate your thought process. The diverse opinions help you add to your ideas.
-
This course will enable you to open your own technology based start-up.
The only major disadvantage of this course is the lack of management skills you will develop. Although you will study management, not as much as you could have studied in a regular course. But this in itself is not a factor big enough to hinder your success.
Which finance companies visit IIM Calcutta?
Rightly called the finance campus of India, IIM Calcutta is visited by many top finance companies for recruitment. Some such companies are:
-
Citibank
-
Goldman Sachs
-
Bank of America Merrill Lynch
-
Gaja Capital
-
Barclays
-
Arga Investment
-
Avendus
These contribute to the second highest number of recruitments after the consulting sector.
Is it better to be a topper in the new IIMs (Tricky, Ranchi, Rohtak, Udaipur, Raipur, Kashipur) than being an average student at IIM A,B, or C?
One cannot really compare the enriched experience and worth of old IIMs to the newer ones. No matter how high grades you score in the older IIMs, they can never be at par even with the average marks of an old IIM student. Their skills, knowledge, and confidence are at another level. Older IIMs help you achieve bigger goals and earn much more. So it’s better if you are an average student at an old IIM than a topper at a new IIM.
What will be the advantage of joining IIM Calcutta over IIM Lucknow given the huge difference in fees between these two institutes i.e. 21 lacs vs. 14 lacs?
Definitely joining IIM Calcutta over IIM Lucknow is better. In fact the huge difference in fees is exactly the reason why IIM Calcutta is worth investing in more than IIM Lucknow.
Some advantages of joining IIM Calcutta over IIM Lucknow are:
-
IIM Calcutta is among the top 3 while IIM Lucknow is below.
-
The placement opportunities at IIM Calcutta are way better than IIM Lucknow. Check the recent placement reports to verify the same.
-
Professors with publications in International journals are way higher in IIM Calcutta than Lucknow.
-
IIM Calcutta has a better batch quality as it has a higher cut off on CAT %ile.
-
IIM C Alumni networking and culture is enviable even by IIM A and B. So by paying more fees you build relationships that are priceless and last a lifetime.
I wouldn’t say choosing IIM Calcutta over IIM Lucknow will ever be a bad decision. Your 7 extra lakhs Rupees will pay you back tenfold times.
How can I ask Accenture to sponsor my entire fees in IIM Calcutta?
For a person to be sponsored for their education, they must be on Accenture's payroll.
No full-time IIM courses will be sponsored by Accenture. Part-time courses are included in the EXCEL programs and are supported by the NIIT Imperia infrastructure. Check with your specific HR PoC or People Advisor or try searching for emails from the Excel team.
You must apply for the IIM-C courses approved by Excel Academy and then notify them of your application. You will be given permission to enroll in the course and then pay the associated fees following scrutiny (to make sure you have the necessary number of years of experience, the required percentage of graduation marks, etc.).
Either you will receive a reimbursement or ACN will pay the fees on your behalf (depending on various factors). After completing the MGMT program, you must sign an agreement with ACN to continue your service with the organization for a specified period of time.
SUBSCRIBE TO OUR NEWS LETTER
