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Which would be a better choice for a one-year MBA in India, IIM Bangalore (EPGP), IIM Ahmedabad (PGPX), or ISB(PGP)?
ISB PGP is the best choice among these. Simply because it is the flagship program of ISB. Here are some reasons why you should consider ISB PGP.
- ISB has an international outlook regarding academics. Most of the faculty members are alumni of international institutes like Wharton, MIT, NYU, etc. The institute has student exchange programs as well.
- ISB boasts of state-of-the-art facilities. Students are offered living accommodations, and access to the sports complex, swimming pool, and other such facilities.
- It’s true that ISB’s huge batch size increases the competition during placement. But it also offers an excellent peer-learning experience.
- ISB placements offer good consulting job profiles. If you want to join a consulting firm after graduation, ISB is an excellent option. During 2021 placement drive, most of the job offers were in Consulting profiles - 34%. The CTC offered is in the range of INR 21 LPA to INR 37 LPA.
Note that ISB doesn’t have a fully functional incubation center. So, post-MBA, if you want to pursue entrepreneurship, check the IIMA, or IIMB programs.
Which institute is better for a PhD in economics (in terms of exposure, curriculum, study methods, etc.), IIM Ahmedabad or IIM Bangalore?
IIM Bangalore is the better option for a PhD in Economics. They have an excellent Economics department. The faculty members actively pursue research projects. Many of the faculty members recently published their papers in the Journal of Economic Theory. IIM Bangalore is especially good for applied Economics. The institute has a vibrant research culture and an excellent faculty base.
Is IIM Ahmedabad better than IIM Bangalore and Calcutta?
Yes, IIM Ahmedabad is better than IIM Bangalore and IIM Calcutta. Although in terms of quality of education, placements, and career opportunities, all three of these IIMs are equally good, IIM Ahmedabad has better brand recognition.
- IIMA was the second IIM to be established and has a large alumni base. Most of the IIM Ahmedabad alumni are working in top MNCs around the world.
- IIM Ahmedabad has a case-study-based curriculum. It follows Harvard's real-practical cases.
- Over the years, IIM Ahmedabad's curriculum and facilities have kept pace with the industry requirements.
The huge alumni base and better brand recognition are a few of the reasons, IIM Ahmedabad ranks higher than IIM Bangalore and IIM Calcutta.
Why is IIM, Bangalore not able to become number 1, surpassing IIM, Ahmedabad?
The academics and the opportunities offered at the top IIMs are similar. IIM Ahmedabad, IIM Bangalore, and IIM Calcutta offer similar academics, facilities, and peer groups. Irrespective of which IIM you are choosing, you will get similar placement and internship opportunities. The rankings keep changing and people have this perceived notion that IIM Ahmedabad is the no 1 b-school in the country, due to its long-standing legacy.
What is the exact fee structure of IIM Bangalore?
The following are the fees (in INR) for the batch of PGP 2022-24 (Domestic):
- Rs. 24,50,000 is the Fees for 2 years.
- Rs. 15,000 is the Caution Deposit (General)
- Rs. 5,000 is the Caution Deposit with Hostel.
Tuition, Library, Internet, Case Permission Royalty, Course Material, Hostel Room Rent and Service Charge, Medical Insurance, Personal Accident Insurance, and Alumni Activities are all included in the fees. A one-time caution deposit is required at the time of registration.
The fees listed above do not include Service Tax or any other taxes. If such taxes are imposed by law, they will be levied on students at the prescribed rates. In addition to the aforementioned amounts, students will be required to pay a mess advance of Rs. 30,000 per term.
PGP students are provided with on-campus accommodation. You have to take into account that students in their second year have the option to live off-campus by making their own provisions.
What are the differences between IIM Ahmedabad, IIM Calcutta and IIM Bangalore?
Among IIM ABC, IIM Ahmedabad is most preferred by MBA aspirants. The long-standing legacy is the reason why most people view IIM A as a superior option. However, all three of these IIMs are almost on the same level in terms of academics and placements. IIM Ahmedabad is most preferred for Marketing. While IIM Bangalore is well-known for offering good Consulting job roles. For Finance specialization, IIM Calcutta is the first choice for students.
The faculties and infrastructure are great at all three of these institutes. People who have the choice between these three IIMs, usually choose based on the specialization they are interested in.
What is the value of a weekend MBA at IIM Bangalore when compared to a full time MBA?
The weekend MBA from IIM Bangalore can help you enhance your career. Be it weekend or fulltime doing an MBA from IIM Bangalore is a huge feat. You can benefit a lot from the brand value of the institute.
The weekend MBA is designed for working professionals. If you can do self-learning without any supervision, this can be a good opportunity. But peer-to-peer learning is limited for this course.
The coursework will be heavy. It will keep you busy throughout the week as well as the weekend. If you have a full-time job, you need to learn to balance things and utilize your time efficiently. You will learn through class presentations, mini-projects, quizzes, book reports, etc. You will have access to the library, and computer labs. There are no placements, but you can find jobs through networking.
Why is IIM Bangalore better than IIM Ahmedabad?
There’s a never-ending comparison between IIM A vs IIM B vs IIM C. Naturally, there is no definite winner. The reasons why some people consider IIM Bangalore to be better are as follows.
Course Curriculum: The curriculum and pedagogy are designed in such as way that you will get all-around opportunities in each term. IIM A has a rigorous academic curriculum for the first year. You won’t get much time to explore any other activities besides academics there. While your IIM B journey will start with a war of sections, i.e. an inter-sections event with various competitions that goes on for one week.
Credit Division: IIM B has a balanced credit division, i.e. 55% in the first year and 45% in the second year. While IIM A assigns almost 67% of credits for first-year and 33% credits for second-year. So, you will get more time to bond with your classmates and seniors at IIM B. You will have the freedom to pursue your interests other than academics as well.
NSRCEL: NS Raghavan Center for Entrepreneurial Learning at IIM B is more than just an entrepreneurship center or cell. It offers one core and one elective course. The coursework includes real start-up work.
Placements: IIM A, and IIM B both have excellent placement records. But due to the process around the top 20-30% of students get multiple placement offers. While IIM B follows an algorithm that ensures that the whole batch gets a fair shot at all companies.
Students usually choose IIM B over IIM A for its more balanced course structure.
How do students at IIM Bangalore, IIM Ahmedabad and IIM Calcutta choose their elective courses? Is there any system?
For elective course selection, IIMs usually have a course bidding system. Every student receives 1000 points and has to choose 6 courses. The institutes organize a bidding day. At the scheduled time, everyone needs to login into the system and starts bidding. Each course takes a maximum of around 75 students. On average 200-300 students bid on popular courses such as Finance, Marketing, Strategy, etc. It isn’t wise to use all the bid points on one/two courses. As there are many options to choose from, students usually get a course of their preference.
What was your Statement of Purpose for IIM Bangalore PGP?
An good SOP for IIM Bangalore should be a summary of your academic and extra-curricular activities, relevant work experience and your achievements. It should highlight the knowledge, skills, and values that you have picked up through your journey.
- Your SOP should tell your story. Add a bit of personal touch.
- Make it crisp, and maintain the word limit. Follow the specified font style and size.
- Don’t write your SOP as a resume.
- Make sure your SOP is original and unique. Don’t copy one from the internet.
- Take your time while writing your SOP.
- Make sure there’s no spelling mistakes or grammatical mistakes.
Your SOP will set the course of your interview at IIM Bangalore. So, assign ample time in writing it and make sure it’s depicting your story perfectly.
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