I would deem IIM Kashipur as a far better choice than IIM Vizag. Some vital points that favor my inclination are
All these points clearly state that IIM Kashipur is a better choice than IIM Vizag.
IIM Visakhapatnam is one of the newest IIMs and lacks credibility to a great extent. The State and Central governments might be trying to make this a good institution but I don’t think it’s capable of offering a plethora of opportunities in terms of placements, exposure, peer learning, or faculty. I will suggest you go for a different IIM if you have any other option up to your sleeve. Even a new IIM that has just been established for a year or two is better. Make sure its infrastructure, placements, and faculty are at par with the IIM standards. It’s too early to claim with surety of IIM Visakhapatnam’s worth. Moreover, if you were able to crack CAT this year, it’s better you try again next year with a bit more determination and target a better B School.
Don’t go for IIM Visakhapatnam if you are just attracted by the IIM tag. While it surely is part of the IIM family that does not necessarily mean it has the same standards. Between the two, SIBM Pune gives a slight edge to IIM Visakhapatnam. If you talk about them generally they definitely are good institutions, but they are not the best. IIM Visakhapatnam is not yet recognised at SIBM Pune.
But if your preference is staying in your hometown or other location factors and IIM Visakhapatnam is suitable for you, then go for it. Both are almost similar in terms of worth and academics. At the end of the day it’s not the institution but your own performance that matters.
As an MBA aspirant, you should check the recent placements of IMI New Delhi, IIM-N, and IIM-V, faculty quality, student welfare avenues, and infrastructure to compare and evaluate different institutes. It's important to focus on median placement figures and adjust for batch size.
You must look into the opportunities available for student involvement and well-being, such as clubs, societies, sports, cultural events, and corporate competitions. Check the corporate competition section of the school's website to see which companies participate, the positions secured by students, and the number of winners. Good performance in corporate competitions can indicate peer quality and highlight the institute among recruiters. While the brand IIM tag may benefit baby IIMs, established institutes may have better locations, student activities, and industry and alumni connections.
IIM Kashipur and IIM Visakhapatnam both had strong placement records in 2022, with 150+ and 86+ recruiters respectively. The highest salary package offered at IIM Kashipur was INR 28.82 LPA, while the highest salary package offered at IIM Visakhapatnam was INR 31.60 LPA. Both institutes reported an increase in the average salary offered, with IIM Kashipur reporting an 8.256% increase and IIM Visakhapatnam reporting a 19.33% increase. Both institutes had a significant number of offers from major recruiters such as Amazon, Deloitte, HCL, etc. The highest number of recruiters came from the IT/ITES sector. The highest number of placements were made in the Consulting domain at IIM Visakhapatnam.
IIM Kashipur and IIM Visakhapatnam are both premier management institutes in India and have well-developed infrastructure. However, there may be some differences in terms of the facilities and amenities provided by the institutes. IIM Kashipur has a fully-equipped campus with state-of-the-art facilities. The campus has an auditorium, library, computer lab, sports facilities, and hostel accommodation for students. The institute also has an Entrepreneurship Development Cell (EDC) to promote and support the entrepreneurial spirit of students.
IIM Visakhapatnam also has a modern and well-equipped campus. The campus has a library, computer lab, sports facilities, and hostel accommodations for students. The institute also has an Entrepreneurship Development Cell (EDC) to promote and support the entrepreneurial spirit of students. The institute also has an incubation center and a Centre for Innovation, Entrepreneurship, and Incubation (CIEI) which provides a platform for students to develop and incubate their business ideas.
In conclusion, both IIM Kashipur and IIM Visakhapatnam have a well-equipped infrastructure with state-of-the-art facilities and amenities to support the academic and co-curricular activities of students. However, IIM Visakhapatnam may have an additional center for innovation, Entrepreneurship, and Incubation to support students who have business ideas. It's recommended to visit the campuses or check the institutes' websites for more information about the infrastructure and facilities.
Both SP Jain and IIM Kozhikode are considered to be reputable management institutes in India, and they have their own unique features and advantages.
SP Jain has a fixed domain system where students have to choose a specific domain like finance or marketing in the beginning, and they cannot change it later. On the other hand, IIM Kozhikode has a flexible curriculum where students take a common first-year curriculum and then choose relevant domain-specific subjects in the second year. This allows students to explore different areas of management before committing to a specific domain.
IIM Kozhikode has the advantage of the IIM brand name, which is considered to be one of the most prestigious in India. However, SP Jain has a more diverse student body as there is no reservation policy and the average placement package is higher than IIM Kozhikode.
IIM Vishakhapatnam, while being a newer IIM, is considered to be behind both SP Jain and IIM Kozhikode in terms of reputation and placements. Ultimately, the decision of which institute to choose depends on the individual student's preferences and career goals.
IIM Visakhapatnam offers clean and well-maintained hostel accommodation to its students. The rooms are provided on a twin-sharing basis and are of identical shape and size. Each room is equipped with two beds, two good-quality mattresses, two cupboards with a few hangers, two tables, two overhead racks, and a split AC. Bathrooms are attached to the rooms and are clean and spacious. The hostel is situated on the beach road and offers a beautiful view of the sea, adding to the overall experience of staying at the hostel.
The hostel is also equipped with amenities such as a refrigerator, kettles, a common room with a LED television and comfy sofa set, fully automated washing machines, clothes drying stands and ropes, high-speed internet, and newspapers. The domestic help comes to clean the rooms on a daily basis and takes care of additional tasks such as fixing bedsheets and folding clothes. The mess/dining area provides breakfast, lunch, evening snacks, and dinner options, both South Indian and North Indian.
The hostel also offers recreational facilities such as a TT table, pool table, and carom board, allowing students to make the most of their spare time. Overall, the institute treats its students like guests and takes great care to provide them with all the necessary amenities to make their stay comfortable.
No, I don't think the new IIMs should be preferred over a well-established institute like IMT Ghaziabad. I have seen many instances wherein people forgo offers from new IIMs to join IMT Ghaziabad.
The IIM brand has failed to convince students to join the new IIMs for a diploma. A cursory glance at the low placement figures last year at some of the relatively newer IIMs (Raipur, Rohtak, Ranchi, Kashipur, and Udaipur) when compared to their older counterparts, too, tells its own story.
Another important issue for management aspirants is that even if they are okay with the lack of infrastructure, full-time faculty members, and alumni, they cannot ignore the delayed start to the sessions at the new IIMs. While faculty members think that this time gap in starting operations can be bridged easily, students feel that they might lose out on their summer internships.
When considering which of the newer Indian Institutes of Management (IIMs), also known as "baby IIMs", to attend, it can be difficult to determine which institute may be better suited for a particular field of study or specialization, as these institutions have only recently been established and have not yet had the opportunity to distinguish themselves in any specific area.
One way to gain insight into the placement opportunities available at these institutions is to review the reports on their summer placement drives, as these reports can provide information on the types of companies and industries that recruit students from the campus.
According to the latest placement report obtained in January 2022, IIM Nagpur has successfully completed the summer placements for the 2022 batch of MBA students. The report indicates that the highest stipend increased by 44%, and the average stipend increased by 12.5%. Prominent companies such as United Breweries, L&T Infotech, Dalmia Bharat, Doha Bank, YourStory, Nivia Sports, and Future Generali participated in the summer placements drive.
Similarly, IIM Vizag also released the final report of its 2021-23 summer internship placement drive. According to the report, the highest stipend stood at INR 3.5 Lakhs per month, and the average stipend stood at INR 57 K per month. Prominent recruiters that participated in the drive include Microsoft, KPMG, YES Bank, ICICI Bank, Bosch, D.E. Shaw, Cognizant, ThermoFisher, ICICI Lombard, Mahindra Logistics, Latent View Analytics, Dalmia Bharat, TVS Credit, ArcelorMittal Nippon Steel, HPCL, HSL, and NSDC.
Therefore, reviewing the reports of the placement drives is one of the best ways to gain insight into the types of companies and industries that recruit from these institutions, which may help in determining which campus would be a good fit for a student's career aspirations.
As a student of the institution, it is important to recognize that comparing institutes can be problematic, as each institution has its own unique strengths and weaknesses. However, when considering institutes within the Indian Institutes of Management (IIMs) system, it is worth noting that the IIM in Visakhapatnam (IIM Vizag) has a reputation for offering strong academic programming and decent placement opportunities.
This is something that sets it apart from some of the other IIMs and is something that students may want to take into consideration when deciding which institution to attend.