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Is it advisable to settle on JBIMS, if one only aimed for IIM's?
Comparing JBIMS with IIMs is highly unjustified as IIMs are way ahead of JBIMS or FMS even if we consider the ROI. They are unique in many aspects such as
- IIM ABC and ISB is the only B-schools that offer Investment banking profiles in placement. Even if we look at other profiles, it’s easy to infer that they are much superior in terms of quality than the ones offered at JBIMS.
- Being a pass out of IIMs or ISB, you have an upper hand in the higher spectrum of one’s career, i.e, leadership roles.
- JBIMS or FMS lack the general ambiance and culture of a typical B School due to a lack of residential and campus facilities.
- The peer quality of IIMS and ISB are much better than JBIMS whose gender ratio, diversity, and competitive exam are very one-dimensional.
- The only significant aspect of JBIMS is the ROI which when negated makes JBIMS as mediocre as SP Jain and MDI.
- The placement statistics of JBIMS are much similar to that of new IIMs or average B Schools like MDI, and SP Jain. They are in no way in comparison to the top IIMs even with batch sizes as small as 120.
So one should choose JBIMS or FMS over IIM only if one wants to spend low fees, take no loans, or pursue MBA in Mumbai or Delhi.
After passing out of IIM Ahmedabad, will I be able to reach to the apex of the corporate world after 15 years of passing out?
IIM Ahmedabad offers excellent career prospects. Students of the institute dominate the management sector all across the country and abroad. Many of the alumni of the institute are working as CEOs and COOs of reputed companies. So, it’s entirely possible to reach the apex of the corporate world after 15 years of graduating.
Are the girls living in the campus hostel of IIM Ahmadabad or IIM Indore allowed to go out of campus? If yes, till when and what are the procedures?
At IIM Ahmedabad, there are no restrictions on hostel timings, clothing, or entry of the opposite gender. Without any restrictions, all students are free to leave and return to campus whenever they want.
There are no restrictions on what students can wear anywhere on campus, including in class. The only exception to this rule is that students should dress formally for company presentations.
Students have complete freedom to visit the other gender's hostels whenever they want. Many of my friends had, for all practical purposes, shifted to their girlfriends' hostel rooms and were rarely seen in their own hostels. IIM Ahmedabad gives its students a lot of freedom and believes in the spirit of personal responsibility.
All IIM Indore students, including female students, are permitted to leave campus. There are campus buses that leave at regular intervals. One can also book their own transportation. The only restriction is that everyone must return by 11:30 pm unless there is a valid reason to be outside, such as a late-night flight.
Which is best -MBA in finance from ISB Hyderabad or top IIMS A/B/C?
ISB Hyderabad is known for its lack of specialization in Finance. It’s a common understanding now that even if one is preferring ISB Hyderabad for admission, they know that they should go for anything but Finance. Studying some aspects will give you a deeper insight as to why MBA in Finance from ISB Hyderabad is not recommended.
Faculty: Although the visiting faculty is quite decent, it’s the domestic faculty that has ruined the culture at ISB. They are arrogant, pathetic, and extremely incapable. They insult the students regularly and disturb student-teacher relations.
Placements: The roles offered in Finance were below average like Operations, Sales, and BD roles. Such roles were offered in abundance by the banks or start-ups. However, the superior roles like IB/PE/VC/M&A/FP&A/Equity Research/Credit Rating/Asset Management/TAS were offered scarcely. For instance
- only 10 FP and A roles were allotted that too only to CAs
- Only one Investment banking role was offered by Barclays
- Only 5 PE/bc roles were offered and there was a strong preference for a prior IB/PE/VC experience and IIT undergraduate background.
- One M and A role was offered only
- 4 Asset Management and zero Equity Research and Credit Rating roles were offered.
So the best roles were offered limitedly while the batch size stood at 900. Most students ended up with unsatisfactory placements. Now you can decide whether or not to join if you are confident to face the placement scenario.
I am a class 9 student. What preparations should I make to get into IIM Ahmedabad?
Here are a few of the things that you should do to prepare.
High academic proficiency:
You have to score high marks in class 10th, class 12th, and graduation.
- Class 10th marks need to be 90+ ideally. The same can be expected from class 12th marks. The cutoffs may vary for science, commerce, and arts students.
- UG marks are another criterion for getting admission to IIMA. If you are an engineer, you got to score a CGPA of at least 8. Cutoffs may vary across various UG specializations.
Excellent CAT percentile:
- IIM Ahmedabad is the best business school in the country. It is obviously expected that the CAT percentile for admission to this prestigious institute will be high as well.
- A general Male engineer needs a 99.7+ with high academic grades to be shortlisted.
- If your academic grades are a bit bad, they have to be compensated with a higher percentile. But if you have poor academic grades, even a 100 percentile cannot help you. You won’t be shortlisted.
A well-rounded profile:
- Once you make it to IIMA, you will have to compete with the best brains of the country for the jobs as well as the internships.
- You need to have a well-rounded and balanced profile. This means you need to have academic consistency and great extracurriculars.
- If you have these, you stand a much higher chance to get a good internship or even a great job in the finals.
Apart from these, you need a lot of mental strength. IIMA is known to be exhausting and wearying right in the first year. You just need to work hard and always be at the top of your game. This is going to be the only way to survive, grow and do well in your academics there.
Is there anyone who got into IIM Ahmedabad with a percentile less than 99? Can you share your profile?
Yes, there are many students who got admission into IIM Ahmedabad with a percentile less than 99. The profile of one such student is mentioned below:
Fresher, B.Com, General Category
X: More than 95%
XII: More than 95%
UG: 80+, and a CAT score of 98.74%.
How do I get a package of 30 lakhs in the field of marketing, post MBA from IIMA/B/C, FMS, MDI, SPJIMR, and IIFT?
While many may shed their philosophies on how getting a high package should not be your ultimate goal and stuff, I am here with a different opinion. When you are investing a huge amount of money it is only right to expect a greater monetary benefit and a better lifestyle. So I have mentioned some techniques that will help you land a package of 30 LPA specifically in the field of marketing post-MBA from IIM ABC, FMS, MDI, SPJIMR, and IIFT.
- The first thing you need to do is lower your expectations as no marketing placements offer a package higher than 25 LPA. These highest offers are made by top firms like Reckitt Benckiser, HUL, P&G, and Asian Paints.
- You need to figure out what you really are after, a good marketing role or a high-paying job. If you are after the latter I suggest you go for big consulting firms like Mc Kinsey, BCG, or investment banks that offer 30+ LPA.
- But if it is the marketing role you are after, then make sure your resume reflects your marketing enthusiasm. This will further increase your chances of selection.
- Performing well in the competitions conducted by your desired company is another way to get a high-paying job.
- If the Final Placements are your last resort then make sure you have a stable and excellent CGPA. Many companies consider this factor while shortlisting.
These points will help you get your dream job but cannot necessarily guarantee it. It all ultimately depends on your efforts and obviously your luck.
How much does your life change after graduating from IIM Ahmedabad?
I would say life changes more after joining IIM Ahmedabad than after graduating from it. The academic workload, strenuous hours, assignments and exams all prepare you for the hectic life ahead. So once you graduate from IIM Ahmedabad you might even welcome the hectic work schedule with amazing salaries. The changes in your life will depend on the field you have chosen.
If you join a big consulting firm or an investment bank or a PE/VC, chances are you will spend more hours in your office than at home.
If you go for a general management role, your life will have a blend of both work and personal time.
If you join a technical firm, then you will experience a casual work culture and a lot of personal time.
Working at e-commerce giants and start ups will limit your chances of a work life balance.
As far as the pay of an IIM Ahmedabad pass out is considered, literally everyone gets paid decently. In fact after a few years you will focus more on your responsibilities than your salary. You have to carry the weight of being an IIM Ahmedabad passout as everyone will have high expectations from you.
Are the job profiles offered at MDI Gurgaon on par with IIMs like LIK, not ABC? How much effort does one have to put into his future to get on par with the IIM graduates if one graduate from there?
IIML is clearly superior to MDI in non-marketing specializations in terms of placement. However, IIM I, K, and MDI are generally equal in terms of placements, except for a few banks that specifically seek out the IIM tag at I&K. If you work equally hard at either campus and all other operational factors are constant, you will likely end up in a similar position whether you choose MDI or I or K. However, as mentioned before, IIML still has the edge and requires more effort if you're in the finance or consulting field.
If you're interested in MDI, it's worth noting that recent placement reports show more and more prestigious finance and consulting companies are visiting the campus. This has helped MDI deliver well-rounded placements. So, if you're willing to put in the work, MDI could be a good option for you.
Are there international placements from IIM Ahmedabad placements?
IIM Ahmedabad had many students who secured international placements in cities across the world such as Dubai, Hong Kong, Singapore, Saudi Arabia, Malaysia, and Qatar, etc. in the placement year of 2020. International offers were made in the domains of consulting, finance, general management, and sales & marketing. The salary data are provided below -
- Highest International CTC – INR 1.32 Crore ($180,645)
- Average International CTC – INR 61.76 Lakhs ($84,200)
Some of the reputed companies that visited the campus are McKinsey & Co., BCG, MasterCard, JP Morgan, TCS, Amazon, Microsoft, FinIQ, RPG, etc.
All in all, you will get ample opportunities for securing an international offer from the campus itself.
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