The IIM Trichy HR program is a relatively new program that started in 2020. Owing to its lack of credibility not many go for this course.
The table below compares the Placement Statistics of the regular PGP and PGP-HR programs at IIM Trichy.
Particulars |
PGPM - HR |
PGPM |
Highest CTC |
INR 17.6 LPA |
INR 34 LPA |
Average CTC |
INR 13.3 LPA |
INR 17.01 LPA |
Median CTC |
INR 14 LPA |
INR 16 LPA |
Average CTC of Top 25% Students |
INR 15.6 LPA |
Average CTC of Top 25% Students |
Top Recruiters |
Ashok Leyland, Hyundai, Wipro |
Amazon, Dell, Nomura |
From the table we can infer that the highest CTC of the HR program is nearly half of that of the regular program. This clearly speaks about its placement opportunities. So I will suggest you go for HR only if you are really interested in it, else go for a regular PGPM.
The deciding factor between the new IIMs is significantly lower than JND. Take a decision while keeping yourself in mind, because all new IIMs (Rohtak, Ranchi, Raipur, or Trichy) are equally good.
Because of regional industry coordination, IIM Rohtak has an advantage over others if you want to settle in NCR.
Old is gold, and it is the oldest of the new IIMs, with a larger batch size and a larger alumni base. None of the new IIMs have their own full-fledged campus, unlike MDU. However, IIM Rohtak employs MDU infrastructure that is superior to that of many older IIM campuses, while newer IIMs require decades.
Earlier there was a major difference in the placement scenario of both the courses and institutes. For the IM course, one had to study at a foreign business school, with which MDI has a tie-up during the second year, and manage your internship on your own. Moreover, they let you sit for the final placements only.
On the other hand, at IIM you can avail of the summer placements, and PPO and then even sit for final placements.
Fortunately now, the PGPIM is a 2-year residential course at MDI Gurgaon campus only, with summer and final placements happening along with the PGP students. Through this, it has overcome its shortcomings of average final placements and is a much better option than IIM Trichy.
After the completion of my MBA from IIM Trichy, I realized that the placements were decent and in accordance with the IIM standards. Most students got expected or more than expected-CTCs. The students who were unable to get placed in a desirable firm opted for off-campus placements and they too landed better jobs. Most of the students were able to start their careers within a month after graduation.
All in all, after 2 hectic years full of classes and exams, it’s kind of relaxing to sit and wait for placements.
My brother was in a similar dilemma as he wondered if spending high fees and 2 years of his life at a new IIM was even worth it. But eventually, he joined it and today he is glad he took the decision. Some major reasons for his satisfaction are
So yes, joining IIM Ranchi for an MBA is worth every rupee and every second you spend.
The MBA students of DoMS NIT Trichy will not be significantly affected by the presence of IIM Trichy during the placement season. NIT Trichy is a well-known technical institute and around 60% of the companies that come for Techies also come for NIT Trichy. This means that there is a set of companies that are already open to hiring NIT Trichy students. In the past few years, more and more companies have opened up placements for DoMS, increasing the percentage placement conversion from these companies. The Training and Placement Committee also works to bring in more companies that align with the interests of the students.
Additionally, there are alumni connections that can be utilized. There may be some challenges with companies based in Chennai or Bangalore coming from BIM, but IIM Trichy has a different set of companies and therefore will not greatly impact NIT Trichy in that regard.
Before choosing a college you need to be certain of what you want to pursue. If you are adamant about pursuing HR, then IIM Ranchi is a better option because HR at IIM Trichy is relatively new and lacks rigor. But if you haven’t decided on a domain and are open to all options, go for Kashipur. It is a better choice as a whole. This is because it’s older and has a stronger alumni base.
For HR domain, choose IIM Ranchi over IIM Trichy. Apart from this, you have 2 other options - either go for IIM Kashipur or sit for a reattempt and aim for a better college
The simple definition of waitlist movement amount is the money some colleges accept from students to include them on the waitlist. The reason for charging extra fees is to ensure that students are opting to stay on the waitlist not just in case but because they want to seriously join the college. However, later on, if you fail to get a seat, the amount is refunded and in case you get a seat, this amount is adjusted against the total fees. Paying this amount basically means that one is serious about his admission. IIM Trichy is one of the IIMs that has this facility.
Here are my ratings for the IIMs
The above rankings have been done on the basis of age, placements, and research. I don’t think these factors are enough to rank IIMs.
Another major parameter of comparison is the duration of the establishment.
Most of the FT rankings and online rankings are based on this parameter. In reality, every IIM has top-notch faculty, infrastructure and placements m. Yet the new IIMs will take some time to reach the top.
We can study the placement scenario at IIM Trichy through the following statistics
Particulars |
Statistics |
Number of Students |
230 |
Number of Recruiters |
110 |
Number of Offers |
228 |
Highest CTC |
INR 34 LPA |
Average CTC |
INR 17.01 LPA |
Median CTC |
INR 16 LPA |
Major roles |
Management Trainee, Product Manager |
Top Recruiters |
Amazon, Dell, Nomura |