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Why are IIMs more popular than ISB Hyderabad among Indian households?
There are many major reasons why ISB Hyderabad is not as popular as IIMs among Indian households. Some of them include
- ISB Hyderabad is a private non-AICTE affiliated institute that functions under a totally different model.
- Owing to its hefty fees(around 30+ Lakhs), it's almost inaccessible to an average Indian.
- The batch size is huge becoming a major obstacle during placements
- The 1-year program fails to provide in-depth exposure and is just a source of Certificates and a brand tag.
- It does not provide International placements to the majority of students who do not belong to the elite class.
All these reasons are strong enough to persuade one against joining ISB Hyderabad and is thus not much popular among Indian households.
The reason why IIMs are popular in contrast to ISB Hyderabad are
- Provided jobs similar in nature to the ones provided by ISB Hyderabad at a much lower fees.
- The 2 year MBA program provides an in-depth exposure to the curriculum in contrast to the 1 year program at ISB Hyderabad
So all this makes IIMs much popular in India despite ISB Hyderabad global rankings.
How academically intense is the MBA at IIM Bangalore?
The first year is extremely challenging because you will be studying subjects that you have never studied before. Accounting would be required for an engineering graduate, and statistics would be required for a commerce graduate. This, along with other activities, constant submissions, and class tests, makes the first year academically demanding.
In the second year, students have the option of selecting their own subjects, so they can take courses that are less rigorous academically than others. There is an exchange term in the second year as well, and for students who choose to participate in an exchange program, this is the least academically demanding term of the entire program.
What is the job scenario after certification in Big Data analytics from IIM Bangalore?
The purpose of the Big Data Analytics course at IIM Bangalore is not to improve your job prospects or land you a higher package. Rather it aims at enhancing your ability to understand analytics better. The course not only provides knowledge of how to use the tools and work on dummy data but also challenges your thought process. So if you are into analytics this course is a boon for you.
What salary can I expect after doing a PGPBA from IIM Bangalore?
Salary in any organization is determined by the position to which you are appointed and the company's pay structure. You have to put forth your best efforts in order to reap the benefits.
According to the placement report released by IIM Bangalore for the PGP and PGPBA batch of 2022, 662 offers were made to 524 students by 137 recruiters. There were a total of 273 Pre-placement offers made, with 181 PPOs accepted. The average salary was INR 33.82 LPA, while the median salary was INR 31.2 LPA. 137 recruiters participated in the placement drive. Accenture Strategy, Amazon, Microsoft, and many other companies were among the top recruiters.
Can a person graduating from IIMs like LIK and even the new IIMs like Ranchi and Trichy ever catch up to the graduates from ABC and get a similar package?
- Students who have graduated from IIM LIK can catch up to IIM ABC relatively easily or may end up at the same level by the end of their postgraduate program. IIM Trichy will eventually catch up with IIM LIK, though it may take around 5 years. IIM Ranchi, on the other hand, will take longer to reach the same level.
- IIM LIK catching up with IIM ABC may take 3-8 years. With the presence of good FMCG/Consulting/Financial Services Companies, a jump or two could bring them to the same level. IIM Trichy and Ranchi will take a very long time to catch up with IIM ABC in this category.
- The top 10% of students from IIM LIK and IIM ABC evolved as toppers after at least 18 months of hard work. There will be a significant difference between anyone in this category, regardless of whether they are from IIM ABC or LIK. While there may be a difference in starting packages due to the reputation of the institute, it will be made up for in subsequent years. It is not clear how long it will take for students from IIM Trichy or Ranchi to reach this level.
What is the median base salary offered in IIM Ahmedabad, Bangalore, Kolkata, Lucknow, Indore & Kozikode?
Not every IIM discloses the placement statistics to the public. But we can definitely say that IIM Ahmedabad has the best placement statistics.
|
Institute |
Median Salary |
|
IIM Ahmedabad |
INR 31.49 LPA |
|
IIM Bangalore |
INR 31.20 LPA |
|
IIM Kolkata |
INR 31 LPA |
|
IIM Lucknow |
INR 29 LPA |
|
IIM Indore |
INR 24.09 LPA |
|
IIM Kozhikode |
INR 26.5 LPA |
The table above has tabulated the median CTCs of the institutes you asked for.
How is the career growth after one year MBA from IIMs (Ahmedabad, Bangalore, Calcutta, Lucknow, Indore)?
Career growth after a one-year MBA from IIM Ahmedabad, Bangalore, Calcutta, Lucknow, or Indore, can be good. These courses are aimed at experienced industry professionals. After a few years of industry experience, working professionals can opt for these courses and upskill themselves, to perform better in their roles or escalate their careers.
How would you rank the following business schools, ISB, IIM A, B, C, L, XLRI, FMS, and SPJIMR?
The ranking order of these B-Schools is as follows.
IIM A > IIM B > IIM C > IIM L > XLRI > FMS > SPJIMR > ISB.
This ranking order is based on various parameters like academics, faculty, alumni base, location, ROI, brand value, batch size, etc. Although this is a general ranking. For certain specialization or some specific factor, the ranking will be different. For example, if we talk about HR specialization, XLRI will be ranked above all the other colleges. XLRI HRM is the best Human Resource Management program in the Asia Pacific region.
What is the expenditure of doing MBA from IIM Bangalore?
IIM Bangalore fees for the batch of PGP 2021-23 are as follows.
| Fees for 2 years | INR 23 Lakhs |
| Caution Deposit (General) | INR 15,000 |
| Caution Deposit (Hostel) | INR 5,000 |
At the time of registration, you will need to pay the caution deposit separately. Other than the above-mentioned fees, you will also need to pay a mess advance of INR 30,000 each term.
What goes on in the mind of an IIM Bangalore student?
Either do it or don't. There must not be just an attempt when you are determined to go for IIM Bangalore.
If you want to be exceptional in academics, you must give your all and fight until the bitter end. If you want to land one of the best jobs during campus placements, you must prepare thoroughly and maintain your confidence.
If you want to succeed in case study competitions, which are winner-takes-all situations, you and your group members must be determined and focused on analyzing and solving the case. If you want to excel in extracurricular activities, such as sports, sketching, or writing, pursue them with zeal. Work hard if you want to excel in any field at the IIMs.
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