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Which is the best among IIM Ahmedabad, IIM Bangalore and IIM Calcutta for finance?

PP
Pratik Parikh Posted On : July 5th, 2023
Lives in Bangalore

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.

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If I have 8.4 CGPA in 10 ,77 % in 12 and 67 % in graduation can I get a call from IIM Ahmedabad if I scored above 99+?

RM
Rishav Mohta Posted On : December 22nd, 2022
PGP 2013-15

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.

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Is XLRI Jamshedpur at par with the top 3 IIMS (A,B,C)?

AB
Akriti Banerjee Posted On : May 5th, 2023
lives in New Delhi

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. 

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How did the IIM Ahmedabad EPGP course benefit you in your career?

KM
Kinjal Mishra Posted On : February 15th, 2021
MBA EPGP, Indian Institute of Management, Ahmedabad (2020)

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:

  • This 2-year online postgraduate course was started in 2017 and is specially designed for working professionals with a job experience of 3 years but unfortunately no upper limit. 
  • It is as rigorous as the PGP and also has almost the same curriculum. 
  • The program does not offer any placement assistance as it is for working professionals. 
  • The program is very demanding so the trade off would probably quite high.

However, in terms of gaining knowledge the program is very impactful. You will see a positive impact of the program in 2-5 years.

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How was your experience during 1st semester at IIM Ahmedabad?

SS
Stuti Singh Posted On : July 28th, 2021
Studied MBA at SIBM Pune 2019

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,

  • Because he arrives with a former IT experience of about 4 and a half years, it was particularly difficult for him to attend classes, mostly early in the morning.
  • The classes usually lasted for almost 100 minutes, each of them particularly coupled with long cases, assignments, and course lists.
  • He was not entirely familiar with the concepts of Operations and Management, and the basics of Finance.
  • Later in time, it took him off guard and unwary.
  • It was particularly difficult for him to become accustomed with the course structure.
  • However, what he did like in the course was subjects such as WAC, and relevant others that were basically non-technical in several ways.
  • After only a long time since then, he began getting more involved in his study structure.
  • In fact, he also genuinely took help from various younger students whenever he could so as to ace some of the toughest subjects.
  • Moving forward, he acquired better results than the 1st semester after only contributing time to some of the most difficult subjects.

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.

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Which institute is better for a PhD in economics (in terms of exposure, curriculum, study methods, etc.), IIM Ahmedabad or IIM Bangalore?

PP
Pratik Parikh Posted On : October 20th, 2023
Lives in Bangalore

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. 

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How much do IIM Ahmedabad graduates in Goldman Sachs get paid?

AS
Amul Kumar Saha Posted On : December 13th, 2022
Studied at Indian Institute of Management, Ahmedabad (Graduated 2020)

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.

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How much salary do companies offer after studying from IIM Ahmedabad? 

TD
Tezal Dahiya Posted On : August 18th, 2023

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!

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How does IIM Indore stand out in comparison with IIM Ahmedabad?

TK
Trisha Kaur Posted On : July 28th, 2021
Studied at Lovely Professional University (2019)

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:

  • The people in your cohort will all be very intelligent and hardworking folks on both campuses.
  • The basic numbers are obviously high but that is the requirement of the college every year.
  • The talent pool is equally high in IIM Indore as compared to IIM Ahmedabad.
  • Many students from the college have won multiple B school competitions while competing directly with IIM A, B, C, and FMS among others.
  • This is the main way to judge how good your cohort and peers are across various B-schools.

Academics:

  • IIM Indore acquires its inspiration from IIM Ahmedabad.
  • A lot of the courses offered at IIM Ahmedabad are also offered at IIM Indore.
  • IIM Indore campus also has a finance lab that was inspired by IIM Calcutta.
  • The opportunities for learning and exploring various fields have also increased quite a lot.

Faculty:

  • As far as IIM Ahmedabad is concerned, the faculty is splendid and well versed since the school is much older.
  • It would not exactly be fair to compare the faculty at IIM Indore with IIM A.
  • But IIM Indore faculty have also worked with IIM A faculty. Especially the senior faculty.
  • In a few years, the same faculty will be in touch with you and you will get to experience learning under their wing.

Placements:

  • As far as IIM Ahmedabad is concerned, the college publishes a complete audit by CRISIL where they claim their average placements to be INR 18 to 20 lakhs per annum.
  • The placement report generated by IIM Indore is not audited and is generated by the college internally.
  • They claim the placements to be INR 14 lakhs per annum but this might not be entirely true.
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.

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Do people having 2-3 years of work experience doing PGPs at IIM Ahmedabad get decent packages or bigger packages than freshers?

RJ
Rojan Jain Posted On : December 13th, 2022
Studied at Indian Institute of Management, Ahmedabad (Graduated 2020)

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

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