From a placement perspective, companies often prefer candidates with experience in manufacturing or construction, or a related field. This has been observed by some of the students, who had difficulty securing their desired operations jobs. However, it is worth noting that there are also opportunities available for those who do not have such closely related experience.
SJMSOM may be a better choice for those interested in operations than IIM Shillong. Some may argue that the IIM brand carries more weight in the long term, but once an individual has been placed and has gained sufficient experience, it is their track record that truly matters. It is recommended to speak with current students at the school of interest, avoiding the public relations committee as they may be biased, to better understand placement prospects for a particular profile. This can help inform the decision of where to pursue an MBA.
With admissions into colleges like Vinod Gupta School of Management (VGSoM) and Shailesh J. Mehta School of Management (SJMSOM), ranking 5th and 10th respectively on the prestigious NIRF chart, students get a chance to be a part of an unmatched academic legacy. Currently, there are 20 IIMs in India. Achieving a slot in the most competitive programs in the entire country is indeed prestigious.
IITs have brought down their fee structure to ranging between 2-8 lakhs, making it affordable for students from all walks of life.
Out of the 23 IITs of India, seven offer MBA courses. All of these colleges find a remarkable ranking in prestigious chartings.
As per the NIRF-MHRD, IIT Delhi, IIT Bombay, and IIT Kharagpur rank in the top ten MBA institutes of India.
Eligibility:
Aspirants are required to clear the eligibility for individual institutes such as Written Tests, Group Discussions, and Personal Interviews.
The admission process is similar for all of these colleges, but the programs, fee structure, and placement cycles are different.
Each IIT Management college offers the flexibility to choose the electives and specialization in their courses.
Placement Opportunities:
The IIT ecosystem offers students immense consulting and research opportunities.
The average salary offered by IITs ranges from 11 LPA to 12 LPA, as opposed to the average fee being 8 LPA.
Amazon, Bank of America, KPMG, McKinsey, JP Morgan Chase, and Wipro are some of the top recruiters of the IIT Management placement drive.
Colleges like VGSOM are prepared to offer a better course catalog, backed with a handsome placement cycle, hence they are worth the investment.
IIM Shillong is the better college among these. The institute puts emphasis on hands-on learning. You will learn how to handle real-time issues. The coursework and teaching go well beyond classroom learning. IIM Shillong has made great strides in recent years in terms of facilities and infrastructure. It has an impressive placement record. IIM Shillong placements in 2022 witnessed the highest CTC of INR 55.22 LPA. This year the major recruiters were Deloitte, DE Shaw, TATA Steel, etc.
When considering which business school to attend, it's important to weigh your options carefully and choose the one that best aligns with your personal and professional goals. Here is a summary of three business schools and some key factors to consider when making your decision:
I have friends in all the 3 institutes so I happen to be the right person to answer your question
A friend in NIT Trichy told me that the lectures are boring and the professors are incapable of delivering the concepts in a skillful manner. Most of them are hardly interested in teaching and offer no individual assistance. Only a few exceptional professors help you here.
Meanwhile, my friends at BITS Pilani and IIT Bombay were all praised for their respective institutes.
So yes there is a huge difference in the quality of education and opportunities offered by the aforementioned institutes. However, in the long run, it’s your skills and talents that matter.
Definitely, both the B-Schools are great but IIMK should be your first choice. Unless we are discussing Operation then I would advise you to opt for SJMSOM.
You will have trouble with placements due to your average academics as most of your peers will have better academic records. You will always get opportunities to make your profile better. You can improve your profile by winning competitions, holding significant PORs, and getting an excellent grade in your MBA programme.
Even if you don’t get your desired placement, you can excel in the job and leverage your performance in the corporate world along with the IIM alumni network on your side. That way you will be able to fetch better opportunities a few years later.
Here are the recent placement highlights for the institutes.
Parameters | IIM Kozhikode | SJMSOM |
Average CTC | 22.5 LPA | 21 LPA |
Highest CTC | 46 LPA | 32 LPA |
Major recruiters | Asian Paints, Amazon, Brain & Co. | JCB, Infosys, Flipkart |
IIM Kozhikode definitely offers certain advantages which makes it a superior choice.
Personally, I will recommend you join IIM Lucknow . The reason being your outstanding profile. With such an amazing profile you have multiple chances of getting selected in the top firms in Consulting and Investment Banking areas. Many of these reputed companies do not visit the campus if SJMSOM at all. So you will be losing a lifetime of opportunities.
Also, at the end of the day, IIM Lucknow is a top 4 IIM and its brand name will influence you throughout your life. The fees are not a problem as the majority of the students take educational loans offered at low-interest rates. You can pay it back within 5-7 years with the high paying job you land post-MBA.
Choosing a B-school can be a tricky decision especially when it comes to ROI. I understand that ROI is one of the most important factors when it comes to MBA courses since funding your education with loans come with its own set of challenges. But the institutes that you have mentioned above certainly surpass the challenges since they belong to the tier 1 category.
You might come across articles and blogs stating that FMS or JBIMS do not provide a typical MBA environment but for me, that discussion does not even make sense. What is an MBA environment after all? You spent 2 years of your life at the campus and wish to land a good job. FMS, JBIMS, and IIT Bombay all three have good market reputations, they home the best candidates and charge minimal fees. So, if ROI is even a little bit of a concern for you, go for these colleges without any second thought or regret.
The Shailesh J. Mehta School of Management (SJMSOM) in Mumbai offers several advantages to its students. According to a report, the highest salary package for the 2022 batch at SJMSOM was approximately 49.39% higher than the previous year, at INR 49 LPA. The average salary for the 2020-2022 batch was also 18.1% higher than the previous year, at INR 25.9 LPA.
SJMSOM attracts highly prestigious companies for recruitment, including JP Morgan, ICICI Bank, Infosys Consulting, KPMG Global Services, PwC India, Wipro, and MAQ Software, among others. The smaller batch size at SJMSOM allows for more opportunities for students to participate in activities and committees, promoting their holistic development.
SJMSOM also offers a high number of live projects and industry interaction sessions, providing students with knowledge and experience beyond what is found in textbooks. When considering SJMSOM as an option, students may also be considering other institutes such as IIM K or IIM I. It is worth noting that while IIM Trichy is a good college, new IIMs may still be in the process of establishing themselves.
IIT B is particularly known for its specialization in Operations. Although it has a decent specialization in other domains like Marketing and IT as well, it is for Operations that people usually choose it. Some consider IIM Shillong or Trichy a better option for Finance. But I personally think that SJMSom IIT B is overall a better choice.
I cannot choose one between IIM Trichy and Shillong as both are at an equal level at this point. Despite being new, Trichy has managed to be in the league of Shillong. It has been growing at a fast pace and may even surpass IIM Shillong in the near future.
So if I am to rank the above options it has to be
SJMSom>IIM Shillong=IIM Trichy