IIM Ahmedabad, IIM Bangalore, and IIM Calcutta, all three are good choices for Finance and Consulting roles. If you get a single convert from among the three, you should grab the opportunity at the earliest.
If you have more than one convert, you should choose the institution that best suits you. You can decide based on location and other such factors. All three are at par for finance. Even IIM Lucknow is doing well and has a strong alumni base now.
Thus, you can go for any of the three IIMs for finance as all are top-ranked institutions.
The table below shows the MBA cutoff of IIM Ahmedabad.
Particulars |
Cutoff |
Verbal and Reading Comprehension Percentile Rank (PVRC) |
70 |
Data Interpretation and Logical Reasoning Percentile Rank (PDILR) |
70 |
Quantitative Aptitude Percentile Rank (PQA) |
70 |
Overall Percentile and Rank (PT) |
80 |
Please note that the above data is for general category only.
XLRI is a prestigious B-school in India and is consistently ranked among the top business schools in the country. In 2022, its NIRF ranking was 8th, behind BLACKI and IIT Delhi. You should keep in mind that the criteria for these rankings may be different from what a student actually considers while selecting his preference.
Many consider it to be on par with the three renowned IIMs (A, B, C). XLRI's HR course is highly regarded. It has a batch strength of 177, ensuring a better student-to-faculty ratio, which is seen as an advantage over the IIMs. So while people’s perception may be that IIMs are better, the industry doesn’t consider it to be very far off.
Among the finest openings offered by IIM Ahmedabad, EPGP is one that stands the tallest. The cohort is the best part. You become part of a network that is highly mature and educated. In addition to that, the network is made even better by the working professionals.
In terms of rigorous coursework and quality education, no other institute stands on equal footing with IIM Ahmedabad. The teachers are an institution in themselves. This course involves more than 850 hours of classroom sessions. It will provides the students with skills in leadership through a curriculum that is innovative.
The following table shows placement data of IIM Ahmedabad PGPX program:
Placement Data |
IIM A PGPX |
Number of Participating Students |
67 |
Number of Recruiting Companies |
95 |
Number of offers made |
98 |
Number of international offers |
2 |
Average Salary |
27 LPA |
Highest Salary |
43.73 LPA |
Postgraduate ROI |
119% |
About the course:
However, in terms of gaining knowledge the program is very impactful. You will see a positive impact of the program in 2-5 years.
Since one of my friends is a recent alumnus of IIM Ahmedabad, I might be able to share his experience with you. Here is what he has to go through,
He still mentions that his sophomore year onwards, the study structure in fact went in a very convenient manner. But, the 1st semester generally did not go well for him.
IIM is a brand in itself. IIM Ahmedabad and IIM Bangalore are prestigious institutes.
Both are equally good for a Phd in Economics. You may choose either of the two for your higher studies. You can also consider Jamia Millia Islamia for a Phd. A Phd. from this college is also highly valued.
Look into the research interests of the faculty while making a choice. This is the most important factor that you should consider while choosing a college for your Phd.
Both IIMA and IIMB are a good choice for your higher studies. You must choose between them based on your goals.
The question is vague as your salary depends on:
Title
Department
Performance
The estimated figures are - Finance Executive at Goldman Sachs - 22.1 Lakhs per Annum. Financial Analyst at Goldman Sachs - 9.0 Lakhs per Annum.
There is no fixed salary for an IIM Ahmedabad in Goldman Sachs.
IIM Ahmedabad Placements 2023 were conducted in 2 stages. In all, 188 firms participated in the placement drive and the highest package hovered around INR 1.15 Crores which was offered by Emaar. The highest domestic package stood at INR 61.49 LPA and the highest international package stood at US $140,599 for the batch 2022. In contrast, the average package (Domestic) stood at INR 32.8 LPA and the average package (International) stood at $ 108,405.
Here is the sector-wise analysis for the batch 2023 at IIM Ahmedabad:
Sectors |
CTC Range |
Consulting |
INR 27 - 41 LPA |
Investment Banking |
INR 30 LPA - INR 67 LPA |
Conglomerates / FMCG |
INR 23 LPA - INR 1.15 Cr. |
BFSI / IT / E-Commerce |
INR 23 - 63 LPA |
Hope this helps you!
Having known some students of both IIM Indore and Ahmedabad, I can say that both are excellent and well-reputed colleges. Your answer can be segregated into four different categories ranging from peers, academics, faculty and finally, the one everyone is highly interested in – placements:
Your peers:
Academics:
Faculty:
Placements:
Categories | IIM Indore | IIM Ahmedabad |
Course Fee | 15.01 lakh | 23 LPA |
Highest CTC | 44 LPA | 50-60 LPA |
Average CTC | 22 LPA | 24 LPA |
Recruiting Companies | KPMG, Nerolac, ICICI Bank, Aditya Birla Group, etc. | Mindtree, Loreal, Mercedes, HSBC, etc. |
This comparison is slightly unfair as IIM A has better ROI and is comparable to world B-schools whereas IIM Indore is a good business school in central India.
Whether people with and without work experience are offered different packages actually depends on the sector and scenario.
For example during the Summer Internship, candidates of a specific sector (Consulting, Marketing) everyone is offered the same package except for a few companies that ask for experienced candidates only. People with around 20 months of experience are eligible for Laterals Process.
Sometimes only within a particular sector, do people with work experience get better jobs than people with no experience.
But during Finals process, there are usually no distinctions between a person with work ex and a fresher