It all depends on what you want out of life. If you have more than three years of experience, you should apply to ISB Hyderabad or IIM Calcutta. Furthermore, ISB offers a challenging 8 semester in 12 months program that prepares you to handle any type of workload after that.
Though IIM Calcutta is excellent for finance professionals. If that's the situation, you can go for it. You should not compare the one-year programs at IIM Calcutta and ISB Hyderabad. If you are, ISB is far superior.
ISB Hyderabad and IIM Ahmedabad are among the most reputed B-Schools in India. Contrary to the popular belief that IIMs are the best option, ISB is better than most new IIMs. Here is a brief comparison of the institutes.
IIM Ahmedabad-
ISB Hyderabad-
In terms of ROI, IIM A shows better results compared to ISB Hyderabad. The required fee is also less for IIMA. Unlike ISB, you won’t need mandatory work experience to join IIMA.
It depends on how many years of experience you have. If you have less than 3 years of experience, then IIM Ahmedabad PGP will be better. Each year IIM Ahmedabad placements witness good entry-level jobs across the industry. You will get many choices.
If you have more than 3 years of work experience, ISB will be better. ISB Hyderabad placement sees middle management and top management roles. The salary packages are better as well.
If you are a fresher, you should choose IIM Ahmedabad. It is the best B-School in the country and has a legacy of offering quality education in the management sector for over 60 years. At IIM A you will be among brilliant folks. The ROI is excellent. IIM Ahmedabad placements are the best in class. For 2022, the average package for the institute was INR 26.13 LPA.
But if you have more than 4 years of experience, ISB is a better option. Most students of ISB have industry experience, so the peer-to-peer learning opportunities are good. The student crowd is diverse, you will get to meet people from all walks of life. The diverse student crowd makes the MBA experience, enriching. ISB placements 2022 witnessed an average CTC of INR 34.07 LPA.
As per the 2021 admission trends, ISB Hyderabad GMAT cutoff was in the range of 580-780. Last few years’ selection trends indicate that having a GMAT score of around 710 should get you an interview call from ISB. However, having a score above 730 increases your chance of getting an admission letter remarkably.
ISB Hyderabad is one of the finest colleges in India and top private business schools in India. There are two campuses of the college the other one is in Mohali. The college was ranked 10 in 2020 by the composite rank for MBA.
Admission Process:
Eligibility:
Timeline for 2021: The timeline for the admission process for cycle 1 are as follows: -
Application deadline: 20th September 2020
Interview: 1st October 2020-1st November 2020
Final results: November 2020
Start of the program: 5th June 2021
But due to the situation of the world, in times of pandemic, the dates might change. Therefore, candidates are advised to frequently check the college website for regular updates.
IIFT is an excellent institution not particularly in India but also in Asia. It is a 55-year-old institution under the ministry of commerce and has the best to offer in areas of International Business and Foreign trade. ISB is quite reputed among students. The global ranking is the selling point and XLRI carries class and quality. It depends on what specialization you want to choose.
The table shows a brief overview of the institutions.
Particulars |
XLRI Jamshedpur |
ISB Hyderabad |
IIFT Delhi |
Median Salary |
INR 15 LPA |
INR 25.7 LPA |
INR 18.20 LPA |
Entrance Criteria |
XAT/GMAT |
GMAT / GRE |
IIFT |
Fees |
Rs. 4.26 Lakh |
Rs. 37.49 Lakh |
Rs. 7.6 Lakh |
Comparison:
So, choose the institute based on your choice of specialization.
ISB Hyderabad doesn’t offer PGDM. ISB Hyderabad’s flagship program is PGP. This program is widely reputed. It was ranked 23rd in the world in Financial Times’ Global MBA ranking 2021.
It has a great placement record. The highlights of ISB Hyderabad placements 2022 show an average CTC of INR 34 LPA. The statistics reveal that the income gap between pre-ISB and post-ISB was 173.67%.
Among these two ISB is better. It has a better pool of faculties, better facilities, and a better alumni base. The placement opportunities offered at ISB are also better.
Here is a brief highlight of ISB Hyderabad placements 2022.
Average CTC | INR 27.13 LPA |
Median CTC | INR 27 LPA |
Highest CTC | INR 72 LPA |
Major recruiters | Mc Kinsey, Honeywell, Boston Consulting Group |
Access to the strong alumni base of ISB, is another perk of joining the institute.
ISB PGPM is a one-year-long program. This program is better suited for students with few years of work experience. Compared to the other institutes, ISB charges a higher course fee. The total course fee for PGPM is INR 36.30 Lakhs.
The placement record of the institute is pretty good. ISB placements 2022 ended with an average CTC of around INR 34.07 LPA.
Compared to FMS, XLRI, JB, ISB is relatively new. So, it has a smaller alumni network.