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Which to choose between NITIE, IIM Kashipur, Rohtak & Raipur?
Choose wisely by taking all B school reports with a level of caution. Instead of quitting your job and enrolling in a school where you might get a placement that is below average, opt for an Executive MBA if you are currently employed and secure. In this situation, you should choose NITIE because of its location in Mumbai, which is crucial for attracting top employers for placements.
For at least the next ten years, stay away from all new IIMs. It is not recommended at all to enroll in business schools that are less than 15 years old after leaving a secure job because they take at least 15-20 years to establish themselves. Only when your salary is between 3 and 4 LPAs should you think about enrolling in a new or infant IIM. Alternatively, you could try switching to a better organization that will likely pay you more money.
How is the placement scenario at IIM Raipur? Is it as good as shown in their placement report or is it inflated? And what are your reviews on IIM Raipur?
IIM Raipur placements have been pretty good over the last few years. Here are the recent placement highlights for the institute.
| Parameters | Statistics (2019-2021 | Statistics (2020-2022) |
| Average CTC | INR 15.11 LPA | INR 17.73 LPA |
| Median CTC | INR 14.8 LPA | INR 16.95 LPA |
| Highest CTC | INR 30 LPA | INR 42.15 LPA |
| No. Companies participated | 140+ | 113 |
Tata Steel, HDFC Bank, IBM, Accenture, IBM, Airtel, etc. are among the top recruiters that took part in the placement drive.
IIM Raipur doesn’t inflate the placement report. Overall, it is a decent B-school and offers excellent academics.
Is it worth joining IIM Rohtak as a fresher?
The worth of joining any institute or any program depends on what you expect and what you want. If you have the clarity of why you want to do an MBA, then everything else will fall into place. But do not worry as many freshers have this doubt regarding joining an IIM.
In IIM Rohtak, the majority of the students are freshers. The best thing about IIM Rohtak is that it will expose you to various individuals from diverse backgrounds. This will enrich your experience through peer-to-peer learning. Also, the college will prepare you for the corporate world ahead. The best thing about freshers is that they are almost like a clean slate with no general preference of one specialization over the other which students with work experience generally have.
Now the most important aspect; placements. Apart from a very few select companies, almost all others allow everyone without any bias. In fact, there are many companies that are actually looking for freshers. In terms of experience before the final placements, you can participate in corporate case competitions, guest lectures, research projects, etc. The experience you will gather through your summer internship is also very valuable. The placement committee also tries its best to bring in as many live projects as possible and you could also apply for them. All of these activities will help you to close the gap of not having work experience before significantly.
Should I join Accenture or IIM Raipur?
Your question basically means whether you should gain experience or pursue MBA from IIM Raipur. In my opinion, joining IIM Raipur is the right choice because
- You have cleared CAT and got selected. This might never happen in the future again due to the unpredictable nature of CAT. So don’t lose this opportunity.
- Joining Raipur right now is almost similar to going for a better B school 2 years later as Raipur might be flourishing till then.
- Even if you work and join IIM Raipur later, your disinterest in the job might be reflected in your interview thus becoming a negative impact on the panelists.
The fear of joining a new IIM is common as one is investing huge amounts of money. But you need to remember that every new IIM becomes an old IIM one day.
Which one to choose between IIM Raipur, IIM Udaipur and IIM Trichy for Finance?
For Finance, IIM Trichy is the best option. It has a great faculty base for this domain. Most of the faculty members are from IIM ABC. It is among the handful of B-School in India that has an association with CFA.
According to the highlights of IIM Trichy placements 2021, 15% of the placement offers were made from the finance sector. The average CTC offered by the recruiters from this sector was INR 17.67 LPA.
Which one of the two would be a better choice, IIM Raipur or IIM Kashipur?
IIM Delhi would have been a reality if capital cities were the only places that could draw high-caliber placements. Since many of the participants in this thread appear to be unaware of the paradox that geography affects employment opportunities.
Slow placements and offer retraction have been a source of complaint for many IIMs. In addition, numerous IIMs, including Raipur, according to the papers, have been asked to submit their reports for review by the MHRD due to unsatisfactory data. But Kashipur is not at all a part of these worrying developments. IIM Kashipur was given the all-clear despite not encountering either of the issues.
If you compare the reports, which basically show people don't give a hoot about geography if they have the quality to be obtained, it still has one of the highest numbers of companies visiting the campus. In contrast, IIM Kashipur's numbers have consistently outperformed those of comparable institutions, and one can also see that the roles available are comprehensive and varied.
So, if you want a quality education and a quality job that will be a uniform outcome of quality education, go somewhere that is off-limits to the rest of the world.
What is the placement scenario at VGSoM (IIT Kharagpur) when compared with new IIMs like Ranchi, Raipur, Kashipur, Trichy, Udaipur, and Rhotak?
In 2022, the VGSOM IIT Kharagpur business school achieved a 100% placement rate for its students. All 97 students who registered for the placement process were successfully placed in jobs. The highest salary package offered during the placement process was 31.98 LPA, while the average package was 19.36 LPA. These strong placement results demonstrate the success of VGSOM IIT Kharagpur in preparing its students for the job market and the value that employers place on its graduates.
Here is an individual's experience at IIT Roorkee, which was one in which he received admission to the institute in 2004 after having eight years of work experience. At that time, the management programs at IITs were relatively new and placements were not as strong as they are now. Despite this, he decided to attend IITR and focus on their studies and enjoying their MBA experience, rather than worrying about job prospects. As a result, he performed well academically and was able to secure an okay job in the IT industry. Through hard work and dedication, he was able to triple his salary within four years and work on projects in various countries. Ultimately, he retired in 2010 to travel and is still doing so seven years later. He believes that both IITs and new IIMs are good options for business education and that it ultimately depends on the individual's goals and priorities. He advises focusing on academics and enjoying the experience, as a job will eventually be obtained.
Which IIM should I prefer, Ranchi/ Rohtak/ Raipur/ Udaipur? And why?
Out of the IIMs like IIM Rohtak, IIM Raipur, and IIM Udaipur, IIM Ranchi may be the best choice for several reasons. Firstly, despite being an IIM, IIM Ranchi is relatively new and is still working towards building a reputation for itself. On the other hand, IIM Ranchi is an established institution that has been around for longer and can be trusted for its campus, faculty, and placements.
Additionally, as a newer institute, IIM Ranchi may be more focused on making a mark and establishing itself as a top business school, which could potentially lead to a more dedicated and driven faculty and student body. Overall, while all the IIMs are highly regarded institutes, IIM Ranchi may offer a unique and potentially more rewarding experience due to its status as a newer institute.
What makes IIM Raipur special?
When it comes to evaluating the uniqueness of IIM Raipur, it's important to consider that the institute is relatively young, having been established around 22 years ago. You have the opportunity to witness the growth and development of the institute from its early stages. While IIM Raipur may not yet be considered a peerless institution, it has still managed to create a niche for itself among the IIMs.
One of the strengths of the institute is its per-capita spending on study materials, which is not limited, unlike older IIMs. Additionally, IIM Raipur is open to experimentation, which is a result of it being a startup compared to other, more established institutions.
Another aspect that works in favor of IIM Raipur is the student community. Despite past and ongoing constraints, the students have been continuously working to improve the institute and increase its visibility. This is evident in the outreach to aspirants during the post-CAT admission process, and the establishment of niche clubs like HRidhaan, OPEP, and CEC. Furthermore, the events organized by the institute such as HR Summit, GSMC, ICHL, and Leadership Summit, are of high visibility and good quality.
In conclusion, while IIM Raipur may not yet be considered a special institute, it is different in a positive sense and has the potential to become special in the near future.
Can you become a professor in IIMs or IITs after FPM from new IIMs, like Rohtak or Raipur?
Becoming a professor from the new IIMs is definitely possible but rare. The FPM program offered at the new IIMs has varied peers some being freshers while some with Masters from foreign universities.
The following things matter when selecting an Assistant Professor in a new IIM
- Your experience
- The quality of your papers
The chances are rare because most of the new IIMs have professors who have done Ph.D. from older IIMs like IIM Ahmedabad, IIM Bangalore, and IIM Calcutta. Ph.D. is a program that totally depends on your performance and research. The initial years focus solely on research training and cannot be enough to make you eligible for faculty positions.
So your chances are rare but not null.
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