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Which one should I choose between IIM Jammu and IIM Bodh Gaya?
It’s up to you to decide which college to go to. I can only throw some light on the advantages IIM Jammu has over other newly established IIMs including IIM Bodh Gaya
- It was established in 2016 and initially was affiliated with IIM Lucknow but in 2019 it became an autonomous body.
- It’s located in the center of Jammu in the vicinity of the airport, the railway station, and the bus stand and therefore offers excellent connectivity.
- The students face a tight schedule and are well prepared for corporate life.
- Great emphasis is placed on extracurricular activities.
- The Annual Sports Event “Funathon” is held to showcase the talents of students in sports.
- Guest lectures, HR Conclave, and CEO Summit make it possible for the students to have a one-to-one interaction with Industry experts.
- Various clubs and committees are maintained by the students as well as the faculty.
These points are based on my friends' experience only. If you ask others I am sure you will see mixed responses. This is because both the IIMs are newly established and don’t have much difference.
What is the London Immersion program of IIM Jammu?
IIM Jammu has stopped its Student Immersion Program. The same has been replaced with its Student Exchange Program. IIM Jammu has ties with 7 foreign colleges from Europe (including Greece), and talks are in place with 2 other colleges.
Under this program, select students from IIM Jammu get a chance to spend a trimester at one of these foreign colleges. For the same duration, some students from that particular college are called to the IIM Jammu campus. IIM Jammu selects its students for the exchange program based on merit.
The exchange program is a great learning experience which offers plenty of exposure to students from both sides.
How do IIM and IIT students from Jammu (J & K) study in a conflict environment? Do their parents allow them to study there?
Unlike the general misconception, Jammu is as safe as any other city in India. Only Kashmir is inflicted by riots and has a conflict environment. My sister had no doubts when she made the decision to pursue MBA from IIM Jammu. In fact, even our parents did not worry about her relentlessly.
As a part, a little concern on their part is justified. But if the riots and conflicts are the reason your parents can rest assured as Jammu is a very safe city.
Moreover, IITs and IIMs are institutes of great national importance. Hence strict regulations are imposed to maintain safety within the campus.
Are there any placement ideas about the IIM Jammu?
IIM Jammu has released its placement report for the MBA batch of 2021-2023.
As per the official data, the average CTC for the batch was Rs. 16.50 LPA. The median CTC was Rs. 15.25 LPA, and the highest CTC was Rs. 64 LPA. The top 10% students received an average CTC of Rs. 32.04 LPA. This figure was Rs. 24.50 LPA for the top 25% students. The average CTC for freshers was Rs. 15.68 LPA.
126 recruiters visited the campus for placements. The highest offers were received from the Marketing/Sales domain (26%). The highest CTC were offered by the Operations domain (Avg. Rs. 27.33 LPA). The list of prominent recruiters included Aditya Birla Group, Cognizant, ICICI Bank, Adani, KPMG, HDFC Bank, and many others.
You can view the other details of 2023 placements from the official report of IIM Jammu.
A student from my college has been selected in IIM Jammu for an MBA program. He can't afford the fee. What are his options?
There are various options available for students who get selected in top Indian institutions like IITs and IIMs. IIMs offer scholarships, cash prizes during competitions, and other financial benefits to the students. I can tell you about the student loan that I secured from the bank to complete my education at IIM Indore.
Banks willingly provide education loans at low-interest rates to meritorious students of IIMs because of the credibility of IIMs and the good earning prospect of the students. There are a few requirements for securing the loan-
- The student must produce their original passport before the bank to prove their Indian citizenship. This is because banks, and particularly public sector banks do not fund the education of foreign students.
- The banks also check the Cibil score of all loan applicants. This needs to be a minimum of 700 if not 750 or more.
- Other than the applicant, there must be a co-applicant. The co-applicant must be in service or must run a business. They must earn a minimum specified amount acceptable to the bank.
For other options like scholarships and financial assistance, the student should consider contacting the IIM Jammu office and explaining his situation. Even philanthropic institutions can be of help to him.
How is IIM Jammu in terms of exposure and placements?
IIM Jammu is better than other baby IIMs and private b schools (except the top ones). Its location is better than other baby IIMs as Jammu is a much larger city. IIM Lucknow shares its faculty with IIM Jammu. So the education of IIM Jammu is top class. Moreover, Jammu is not very far away from Delhi. This is helpful from a placement point of view. Reputed brands find it easier to access the IIM Jammu campus.
Last year, the placements concluded at 100% for MBA students. 126 recruiters visited the campus in total, and 246 offers were made. The highest CTC was 64 LPA and the average was 16.50 LPA. The major recruiting domains were Sales & Marketing, and General Management. The highest recruitments sector-wise were in BFSI, IT, and Analytics. Aditya Birla Group, Cognizant, ICICI Bank, and Adani are some of the major recruiters for last year.
Which IIM should I choose amongst Bodh Gaya, Sirmaur, and Jammu?
All the 3 B Schools you mentioned have been established recently and are not very different from each other. My sister is an IIM Jammu pass out so I will mention whatever I know of that particular IIM only.
- It was established in 2016 and initially functioned under IIM Lucknow but now runs as an autonomous school.
- Located in the heart of Jammu city, IIM Jammu gives an edge over other new IIMs because of better connectivity.
- The campus life is a blend of a hectic schedule with tight deadlines that will always keep you on your toes
- Emphasis is also placed on extracurricular activities through sports, cultural and regional events. The Annual Sports Event “Funathon” is conducted to showcase the talents of students in sports.
- Great exposure is provided to students
- through various Guest Lectures and various events like HR Conclave and CEO Summit
- Being a new IIM, the student-driven culture is at its peak here. You are responsible for solving issues related to the establishment of clubs and committees.
So I think IIM Jammu is probably a good choice.
Where shall I pursue my MBA, Welingkar Mumbai or IIM Jammu?
You should pursue an MBA at IIM Jammu. Your decision in this case should be influenced by the IIM's strong reputation for quality and the respect you receive from those around you. The following are the reasons behind the same:
- Money is always a motivator for candidates to pursue their dreams, allowing them to dream bigger. In both institutes, the package is nearly identical. It can vary, but if you are an intelligent candidate in both institutes, you can safely assume more than the 10LPA package.
- If not for a better package, it could be for learning business models, getting structured thought processes, starting your own business, or making the right business connections.
- IIM Jammu has strong ties with all HR professionals in the industry. It holds a variety of events at the institute on a regular basis. Students may participate in community activities.
- It has also partnered with Entrepreneurship cells and top business people in J&K to connect you with the right people. You have a fantastic library, a fantastic curriculum, and, of course, a fantastic environment in which to feel happy and positively imbibe what you are taught and experienced into your brain and heart.
Without a doubt, IIM Jammu is a perfect platform for one to enjoy and live in a very peaceful and aesthetic place, with nice people around you, while maintaining professionalism. It has a cultural festival, a sports festival, numerous fun events, celebrations, and so on that, you will remember for the rest of your life.
Are colleges like LBSIM/FORE better than? IIM Nagpur, Sambalpur, Sirmaur, and Jammu?
Top B Schools like LBSIM/FORE are incomparable to the new IIMs. They have been established for decades and the new IIMs cannot be included in them at least in the near future. Although some might say that some new IIMs are under the mentorship of old IIMs like Lucknow, they haven’t made the mark yet. Whereas the already leading B Schools LMSIM and FORE are on the verge of making it to the top. Even the IIM tag is of little value here.
Let me explain this through an example. You go to buy an electronic device and purchase a branded device. Yet the model is a very old one. It is of little value despite being branded. Same is the case here. The new IIMs do give you the IIM tag but it is of little worth.
IIM Jammu vs Fore. Which is better?
For its 2020-22 batch, FORE School of Management has completed 100% placement as early as January 2022. FORE has a higher average salary of Rs.14.04 lakhs per annum and the highest international salary of Rs.41 lakhs per annum, while the highest domestic salary is Rs.23.5 lakhs per annum. The highest package at IIM Jammu, on the other hand, is INR 32 LPA, while the average and median packages are INR 13.53 LPA and INR 11.4 LPA, respectively.
FORE is ranked 60th in the management category in the NIRF listing 2022, while IIM Jammu is ranked 36th.
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