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What is the median base salary offered in IIM Ahmedabad, Bangalore, Kolkata, Lucknow, Indore, Kozikode?

PP
Pratik Parikh Posted On : June 3rd, 2023
Lives in Bangalore

When it comes to placements, these are the first few names that come into our heads after the top IITs in India. If you open the placement reports of the listed colleges you’d find almost all the big corporate names and it is implied that are they the ones that are making the median and average of these institutes roar. 

Here is a table showing a domestic median package for your reference: 

Institute 

Median’23 (in INR)

Median’22 (in INR)

Median’21 (in INR)

IIM A 

33,00,000

31,49,910

27,60,000

IIM B 

33,00,000

31,20,000

28,60,000

IIM C 

33,00,000

31,00,000

27,67,000

IIM L 

30,00,000

29,00,000

23,50,000

IIM I 

27,00,000

24,00,000

22,00,000

IIM K

30,00,000

26,00,000

20,00,000

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Which B school is better for an MBA in finance for a fresher IIM Indore or SPJIMR?

PP
Pratik Parikh Posted On : May 19th, 2023
Lives in Bangalore

IIM Indore and SPJIMR are top Indian business institutions with great finance MBA programs. Choosing between the two depends on personal preferences, career ambitions, and location.

IIM Indore, in Indore, Madhya Pradesh, is noted for its rigorous academic curriculum and industry-oriented approach. The finance department offers Capital Markets, Investment Banking, and Corporate Finance courses. Every year, top finance recruiters visit the school, helping the institute's placement record.

SPJIMR, in Mumbai, Maharashtra, is also noted for its academic quality and industry-focused curriculum. The institute's finance program includes Financial Markets and Institutions, Investment Management, and Corporate Valuation. Top recruiters like Goldman Sachs, JP Morgan, and Citibank often hire from the college.

Particulars

IIM Indore

SPJIMR

Highest Package

INR 1.14 CPA

INR 77.8 LPA

Average Package

INR 30.21 LPA

INR 33.02 LPA

Fees

INR 21.4 Lakhs

INR 20.42 Lakhs

Both IIM Indore and SPJIMR provide outstanding MBA in finance programs.

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Which institution is better for MBA in Finance- SPJIMR or IIM- Indore? (For someone who has only 6 months of work experience)

JR
Jyoti Ranjan Posted On : March 10th, 2023
MBA in Finance (college major), S P Jain School of Global Management (Graduated 2019)

Trying to make sure my answer is as objective as possible, I have mentioned the pros of both institutes namely SPJIMR and IIM Indore. The final decision can be made by choosing the one whose benefits appeal to you the most and matches your inclinations.

SPJIMR

  • Small batch size of 250-300 students makes it possible to develop good bonding between peers. There is almost a family-like feeling. The small batch size also reduces the level of competition and increases proximity to faculty
  • The average package was pretty decent this year and stood at INR 26.06 LPA
  • A major USP of SPJIMR is its Rural internship called DOCC and GFT(global fast track program). These offer a unique experience of rural India as well as the foreign market in the same year.
  • Another distinguishing factor of SPJIMR is the minors offered n other specializations like Analytics, Consulting, etc. This is like a secondary specialization for backup in the future.
  • The culture at SPJIMR is friendly mainly because of the unique selection process

IIM Indore

  • The main USP is the IIM Tag
  • Huge batch size resulting in a larger stronger alumni base
  • You do not have to choose a specialization at the time of admissions. Specializations are chosen after a year and still, the degree awarded is that of a General MBA only. So if you are not sure of your specialization and want to explore various aspects of Management, then IIM Indore is a better option for you.
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What is the median base salary offered in IIM Ahmedabad, Bangalore, Kolkata, Lucknow, Indore & Kozikode?

HK
Honey Kumar Posted On : January 9th, 2023
Studied at Indian Institute of Management Raipur (Graduated 2021)

Not every IIM discloses the placement statistics to the public. But we can definitely say that IIM Ahmedabad has the best placement statistics.

Institute 

Median Salary 

IIM Ahmedabad 

INR 31.49 LPA

IIM Bangalore 

INR 31.20 LPA

IIM Kolkata 

INR 31 LPA

IIM Lucknow 

INR 29 LPA

IIM Indore 

INR 24.09 LPA

IIM Kozhikode 

INR 26.5 LPA

The table above has tabulated the median CTCs of the institutes you asked for.


 

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What will I study in Humanities in IPM IIM Indore?

AS
Aman Srivastava Posted On : August 30th, 2021
Studies at Indian Institute of Management Indore (2024)

IIM Indore's Integrated Program in Management is a one-of-a-kind program that anyone can opt for, regardless of what you studied in high school. There is no clear differentiation made between the various subjects based on whether they are humanities, commerce, or scientific subjects. 

One of my friends is currently enrolled in this program at IIM Indore. As per the knowledge I have gained from her about the program, the following are the subjects that can be considered as Humanities subjects:

  • Sociology
  • Philosophy
  • Psychology
  • Political Science
  • Law
  • Presentation Skills
  • Economics

The courses offered should not be viewed as separate subjects, but rather as a single unit with several interconnected sections.

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What are the differences between an older IIM like Indore and Kozhikode and a newer IIM like Ranchi, Rohtak, or Trichy?

PS
Prateek Sagar Posted On : January 10th, 2023
studied MBA in Marketing at Indian Institutes of Management (2020)

The first-generation IIMs clearly have many advantages over the second and third-generation IIMs. Some major differences include

  • Infrastructure: Thenodler IIMs have their own permanent campuses whereas most of the newer IIMs either function through a temporary campus or have a permanent campus that is not at par with the older IIMs.
  • Faculty: The older IIMs have better experienced and learned faculty than the newer ones. Also, the visiting faculty is much better at these IIMs. The student and faculty strengths are therefore strong here.
  • Placements: The older IIMs have long-standing ties with corporate firms and top companies excelling in the placements scenario and leaving behind the new IIMs.
  • Corporate Exposure: The exposure at older IIMs is better than that of newer IIMs due to their early establishment.
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What are the best books for IPM IIM Indore 2021?

RS
Rupesh Sharma Posted On : August 30th, 2021
Studies Integrated Programme in Management, IIM Indore

Various publications promise to help aspirants for IPMAT examinations with their books. In reality, these books are not worth your time. I believe that the syllabus for the IPMAT is at a similar level as that of CAT. So, it would be better for you that you buy popular books which aspirants use for the preparation of the CAT examination. 

There are two sections in IPMAT - Quantitative Aptitude and Verbal Ability. To prepare for these sections, you can buy Quantitative Aptitude and Verbal Ability by Arun Sharma. Solve the LOD 1 and LOD 2 exercise available in the book. 

It must be noted that books solely cannot help to cover the entire syllabus. You can additionally sit for Mock tests, communicate with mentors for insights and analyze the previous year’s papers. This will help you to get an improved idea about the fundamental structure of the examination. 

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What is an executive MBA from IIM Indore?

JP
Jaya Pathak Posted On : August 28th, 2021
Studies PGP Executive at IIM Indore (2021)

An Executive Post Graduation Program in Management (EPGP) is apparently constituted for working professionals who have a few years of work experience. 

That being said, these programs are usually shorter than the 2 year MBA programs and it usually has minimum years of work experience eligibility criteria. Many a time, corporate firms ask their emerging managers to take these courses so that they can be considered for senior roles. 

IIM Indore’s Executive Post Graduation Program in Management (EPGP) is a one-year residential program for professionals with experience.

Here are the eligibility criteria for applying. 

  • You should have secured 50% in your Bachelor’s degree or its equivalent disciplines. 
  • You should be able to show a valid GMAT score. 
  • You should have a minimum of 5 years of managerial or entrepreneurial or any relevant professional experience, as per your domain, following graduation.

Hope this clears your confusion. 

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Which should I prefer, Melbourne Business School (MBS) or IIM Indore?

VB
Vikrant Bose Posted On : August 30th, 2021
Former Chief Development Officer at Indian Institute of Management Bangalore (2015-2018)

You can consider enrolling in Melbourne Business School if you wish to live and work in Melbourne, or any other region of Australia. IIM Indore can prove to be a better alternative if you want to work in India instead. The choice also depends a lot on your expectations from the programs you are looking out for. 

Melbourne Business School can provide you with global exposure that can be extremely beneficial for the growth perspective of your career. This makes MBS a better option over IIM Indore. It is Australia's top-ranked business school. For an Indian student, it would be similar to studying at IIM Ahmedabad. If all you want is a diploma and a job, IIM Indore is the place to go.

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Which is better, IIM Indore or XLRI Jamshedpur?

AR
Aditi Roy Posted On : May 19th, 2023
lives in Gwalior, Madhya Pradesh, India

IIM Indore and XLRI Jamshedpur are renowned Indian management colleges with distinct capabilities. Your career goals and tastes determine which to choose.

Research and analytics are emphasized at IIM Indore. Students and alumni are diverse. Industry partnerships give the institute exceptional placement chances.

XLRI Jamshedpur excels in human resources management and ethics and social responsibility. The institute provides many specializations, including general management, business analytics, and operations management. Academically, XLRI is renowned, and its alumni network is powerful.

Particulars

IIM Indore

XLRI Jamshedpur

Highest Package

INR 1.14 CPA

INR 60+ LPA

Average Package

INR 30.21 LPA

INR 30.7 LPA

Fees

INR 21.4 lakhs

INR 25.8 Lakhs

Thus, when choosing between the two schools, consider your interests and career goals. 

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