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What qualities does IIM Bangalore look for during the selection process from a candidate who has worked at IT companies?
Make a clear assessment of your role in the organization. Quantify your contributions, and list the ways you have helped your organization grow. This will help your present a clear picture during the interview.
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.
I have above 90% in tenth and 12th, but in BTech I have 67%. I have 2 years of work experience. I belong to OC. Can I get a seat in IIM Bangalore? If possible, on what percentile?
Admission to the IIMs for their Post Graduate Program in Management (PGP) is based on a combination of factors including academic performance, work experience, and performance in the CAT conducted by the IIMs.
Having a good academic record is certainly a positive factor in the admission process. However, admission to IIMs is highly competitive, and a good academic record alone may not guarantee admission.
A candidate's CAT score is a crucial factor in the admission process. The CAT score is used to shortlist candidates for the next round of the selection process, which typically includes a written ability test (WAT), group discussion (GD), and personal interview (PI). The weightage given to the CAT score varies across IIMs and can range from 25% to 70% or more.
With a 67% score in your BTech degree and two years of work experience, you still have a chance to get admission to IIM Bangalore. However, your CAT score will play a crucial role in determining whether you get shortlisted for further rounds.
To get an idea of the CAT percentile required for admission to IIM Bangalore, you can look at the CAT cutoffs for the previous years. For example, in 2021, the CAT cutoff percentile for General category candidates for admission to IIM Bangalore was 99.5. However, the cutoff percentile can vary from year to year depending on various factors, including the difficulty level of the CAT exam.
In conclusion, while your academic record and work experience are positive factors, your CAT score will play a crucial role in determining your chances of admission to IIM Bangalore. Aim for a high percentile in the CAT exam to increase your chances of getting shortlisted for further rounds.
Should I join IIM Indore as a fresher or give a second CAT attempt to convert IIM ABC?
The decision depends on many factors because CAT is a highly competitive exam that requires dedicated preparation. If you think you can manage your CAT preparation along with your job, you can give yourself a second chance while getting familiar with some of the courses that are going to come up in the PGP program. You should use this time to upskill yourself in your field of interest.
ABC is also a bigger brand than IIM Indore, but ultimately, it's the skills that matter in the long run. The PGP program will be rigorous, and you should be mentally prepared to handle it. Additionally, there are no guarantees in life or in CAT, and the selection process involves an element of luck, with the interview round being extremely subjective. I suggest having an honest discussion with yourself and weighing all your options before making a decision.
What percentage do you usually need to get into the IIM Ahmedabad Bangalore and Kolkata?
CAT, academic achievement, job experience, and selection rounds are among the major determinants considered in IIM admissions. Shortlisting applicants for selection rounds is based on CAT scores.
IIM Ahmedabad, Bangalore, and Kolkata demand a minimum CAT percentile of 90 or above for admission.
IIMs demand a bachelor's degree with at least 50% or a similar CGPA. The higher the better the chance for conversion.
While a strong CAT score is necessary, scoring the minimal CAT percentile alone does not guarantee IIM admission. For admission, you need a good academic record, suitable professional experience, and good selection rounds.
What is the median base salary offered in IIM Ahmedabad, Bangalore, Kolkata, Lucknow, Indore, Kozikode?
When it comes to placements, these are the first few names that come into our heads after the top IITs in India. If you open the placement reports of the listed colleges you’d find almost all the big corporate names and it is implied that are they the ones that are making the median and average of these institutes roar.
Here is a table showing a domestic median package for your reference:
|
Institute |
Median’23 (in INR) |
Median’22 (in INR) |
Median’21 (in INR) |
|
IIM A |
33,00,000 |
31,49,910 |
27,60,000 |
|
IIM B |
33,00,000 |
31,20,000 |
28,60,000 |
|
IIM C |
33,00,000 |
31,00,000 |
27,67,000 |
|
IIM L |
30,00,000 |
29,00,000 |
23,50,000 |
|
IIM I |
27,00,000 |
24,00,000 |
22,00,000 |
|
IIM K |
30,00,000 |
26,00,000 |
20,00,000 |
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.
Why did you choose IIM Bangalore over IIM Calcutta?
Both IIM Bangalore and IIM Calcutta are excellent B Schools that give an edge to each other in almost every aspect. If ever you see someone choosing one over the other then it’s only because of his/her personal preference because they both are not lacking in any terms.
Yet if I had to name a few USPs of IIM Bangalore that make it a more coveted IIM than Calcutta, here are a few
- Being located in the IT Capital of India, Bangalore offers a locational advantage to a great extent
- The corporate scenario is much better at Bangalore than Calcutta
- The highlight is its Entrepreneurial culture delivered by NSRCEL which is IIM Bangalore's flagship business incubator. It is a non-profit institution purely assisting creators and funding startups in their journey.
- Better internship and placement opportunities are offered here at IIM Bangalore than at Calcutta
IIM Bangalore Placement statistics
|
Particulars |
Statistics |
|
Number of Companies Participated |
137 |
|
Number of Offers |
662 |
|
No. of students |
524 |
|
Average package |
INR 33.82 LPA |
|
Median package |
INR 31.20 LPA |
|
Top Sector |
Management Consulting (42%) |
How much is the lowest compensation for pgp graduates in IIM Bangalore
The MBA program of IIM Bangalore (IIMB), one of India's top business institutions, is well-regarded worldwide. The rigorous and comprehensive business program covers finance, marketing, operations, strategy, and entrepreneurship.
IIM Bangalore MBA program's skilled faculty, diversified student body, and significant industry links offer students many learning, networking, and career advancement possibilities. Case studies, simulations, and real-world projects assist students learn business skills.
IIMB's MBA program is highly competitive, requiring a written test, a personal interview, and academic and work experience evaluations. If approved, the program will prepare you for a successful business career with a world-class business education.
Placement stats of IIM B are -
|
Summary of Compensation |
(In lakhs) |
|
Median Salary |
31.20 LPA |
|
Average Salary |
33.82 LPA |
Which college has better placements, IIM-A or IIM-B (IIM Ahmedabad)? Why so?
IIM Ahmedabad is concerned with the diversity of its pupils. As a result, they must admit a specific number of students from each stream. This aids students' general growth by allowing them to learn about what their friends and colleagues have already studied. As a result, by the conclusion of the first year, the students here have gained knowledge in a variety of new areas and have narrowed their attention to an area of interest.
Though the placement percentage can certainly exceed 95%, IIM A students develop a sense of entrepreneurship in this manner due to their capacity to take risks.
As a result, many of them reject employment offers with six-figure salaries and opt for a start-up due to their leadership abilities. We have several successful entrepreneurs from IIM A.
Surprisingly, IIM A also leads in placement chances, even though placements at IIM B are nearly identical. However, IIM A now offers the best placements.
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