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Is ISB better than IIM A/B/C and FMS Delhi?
My uncle is an alumnus of IIM Calcutta and also an ex-employee of ISB. So I asked him about the same. He told me that the faculty of IIM Calcutta focuses on the overall development of students and not just academics. They prepare you for the life ahead and not just for exams or placement. ISB on the other hand due to its short duration course is unable to cope with this aspect. Also, the fees of ISB are much more than that of IIMs. The only merit is that it saves you a year as the flagship program at IIMs is two years.
So ISB is a good choice for you only if
- You are looking for a course of shorter duration
- You are okay with spending a lot of money
- You value the degree more than what you learn from it
Both the institutes are world-class and therefore not much comparison can be drawn from them.
Is it advisable to settle on JBIMS, if one only aimed for IIM's?
Comparing JBIMS with IIMs is highly unjustified as IIMs are way ahead of JBIMS or FMS even if we consider the ROI. They are unique in many aspects such as
- IIM ABC and ISB is the only B-schools that offer Investment banking profiles in placement. Even if we look at other profiles, it’s easy to infer that they are much superior in terms of quality than the ones offered at JBIMS.
- Being a pass out of IIMs or ISB, you have an upper hand in the higher spectrum of one’s career, i.e, leadership roles.
- JBIMS or FMS lack the general ambiance and culture of a typical B School due to a lack of residential and campus facilities.
- The peer quality of IIMS and ISB are much better than JBIMS whose gender ratio, diversity, and competitive exam are very one-dimensional.
- The only significant aspect of JBIMS is the ROI which when negated makes JBIMS as mediocre as SP Jain and MDI.
- The placement statistics of JBIMS are much similar to that of new IIMs or average B Schools like MDI, and SP Jain. They are in no way in comparison to the top IIMs even with batch sizes as small as 120.
So one should choose JBIMS or FMS over IIM only if one wants to spend low fees, take no loans, or pursue MBA in Mumbai or Delhi.
How did IIM Bangalore achieve 100% summer placements?
IIM Bangalore has been able to achieve 100% summer placements due to the combined and relentless efforts of students, seniors, placement committees, and clubs. No institute can work properly without a proper cordial relationship among these. Summer placements take place after the end of 2nd term but students start preparing well before the beginning of the term. The following points entail the details of preparation for summer placements k:
- Preparatory sessions: The student clubs and societies hold preparation sessions for significant roles in Consulting, Product Management, Finance, Marketing, Operations, and Analytics.
- Alumni sessions: Experienced alumni from different sectors working at reputed firms come forward and conduct sessions to share their job experience. This enables the students to make better choices for their careers.
- Case preparation: The ones who are preparing for consulting roles form a case preparation group wherein they practice mock cases. Mock group discussions and interviews facilitated by clubs and seniors are also conducted.
- Peer support group: The peers are competitive yet very considerate towards each other. They don’t celebrate their victory unless all their batchmates have been placed. This installs a feeling of compassion and empathy.
- Placement committee: The major credit for 100% of placements should go to the relentlessly working placement committee of IIM Bangalore. It strives to bring in as many major companies as possible. It conducts an unbiased and transparent placement drive.
So all these reasons have resulted in 100% placements at IIM Bangalore today. It’s the combined efforts of not one but many.
Who are some of the famous alumni of IIM Bangalore?
Here is a brief list of some of the most distinguished IIM Bangalore Alumni.
- Gopal Krishna Nayak (PGP-88) - Director of IIIT Bhubaneswar
- AswathDamodaran (PGP-79) - Chairperson in Finance Education & Professor of Finance, Stern School of Business, New York University
- Ravi Subramanian (PGP-93) - Author
- Karan Bajaj (PGP - 02) - Author
- Nila Madhab Panda - Filmmaker and Director
- Saugata Gupta (PGP - 91) - MD, Marico
- Sameer Sunera (PGP -94) - Global CEO, Perfetti Van Melle
- K. Radhakrishnan (PGP - 76) - Former Chairman of ISRO
Is IIM Ahmedabad better than IIM Bangalore and Calcutta?
Yes, IIM Ahmedabad is certainly better than IIM Bangalore and IIM Calcutta. Here are a few points to prove the same
- IIM Ahmedabad is situated in an alcohol-deprived state called Gujarat and students face lesser distractions while IIM Bangalore is in the pub capital, and IIM Calcutta is in the city of ITC.
- The nearest airport to IIM Ahmedabad is just 30 minutes away thus providing great connectivity while the nearest airport to IIM Bangalore is 2 hours away and to IIM Calcutta is 1 hour away.
- IIM Ahmedabad has a small and cozy 67-acre campus, with a beautifully maintained lawn while IIM Bangalore has a massive 100-acre campus and IIM Calcutta has a 135-acre campus, situated in the midst of a forest.
Placements-wise, I deem all the IIMs to be somewhat similar with the same companies offering similar roles and packages to their students.
It can thus be concluded that IIM Ahmedabad is better than IIM Bangalore or IIM Calcutta.
What is the Mahatma Gandhi National Fellowship offered by IIM Bangalore?
Mahatma Gandhi National Fellowship offered solely at IIM Bangalore aims at offering skills to government officials for implementing various government schemes at district, state, and national levels. The combination of academics with industry experience, the fellowship enables the fellows to train with officials and create a district-level skill development ecosystem. It will target a specific group of young people filled with vigor and ready to uplift the ecosystem in management, entrepreneurship, and public policy.
This 2-year program has been initiated across 75 districts. Graduates within the age bracket of 21-30 can participate and will receive a certificate in public policy and management from the fellows. The program offers INR 50000 in the first year and INR 60000 in the second.
This fellowship is specially designed for those willing to work in the social sector. Don’t commit to this program unless you are 100% sure you won’t regret giving up a corporate high-paying job for this.
How should one get summer internship at IIM Bangalore?
You can intern under a professor of IIM Bangalore or at the NS Raghavan Entrepreneurship Cell (NSRCEL). NSRCEL offers great real-time internship opportunities. You can reach out to the faculties of IIMB or the mentors of NSRCEL.
If you are interested in a research internship, go through the ongoing research projects, and if any particular project piques your interest, reach out to the professor. Explain your interests and send over your resume and a cover letter. You will be accepted for the internship if they think you are a good fit for the internship.
Which must one choose: M.Tech. from IIT Bombay or MBA from IIM Bangalore?
An MTech from IIT Bombay and an MBA from IIM Bangalore are two very different options. While one focuses on technological aspects the other focuses on managerial aspects. So before even dwelling on the worth of the courses individually you should self-analyze your inclinations and choose one path you are sure about.
Jot down your short and long-term goals. What exactly are you willing to do in your life apart from earning money? Are you more inclined to the corporate world or are the technical elements that attract you more? Having clarity of goals and understanding of what you want from your life is the primary determining factor for choosing your college as well as course.
Objectively, both courses offer a plethora of job prospects and you will gain a lot by choosing any of the two. But making a wise decision here is most important. Choosing an MBA just because it has good career prospects despite having an interest in technology is deluding yourself. You cannot attain success unless you are sincerely passionate about the field you are pursuing.
Which is best -MBA in finance from ISB Hyderabad or top IIMS A/B/C?
ISB Hyderabad is known for its lack of specialization in Finance. It’s a common understanding now that even if one is preferring ISB Hyderabad for admission, they know that they should go for anything but Finance. Studying some aspects will give you a deeper insight as to why MBA in Finance from ISB Hyderabad is not recommended.
Faculty: Although the visiting faculty is quite decent, it’s the domestic faculty that has ruined the culture at ISB. They are arrogant, pathetic, and extremely incapable. They insult the students regularly and disturb student-teacher relations.
Placements: The roles offered in Finance were below average like Operations, Sales, and BD roles. Such roles were offered in abundance by the banks or start-ups. However, the superior roles like IB/PE/VC/M&A/FP&A/Equity Research/Credit Rating/Asset Management/TAS were offered scarcely. For instance
- only 10 FP and A roles were allotted that too only to CAs
- Only one Investment banking role was offered by Barclays
- Only 5 PE/bc roles were offered and there was a strong preference for a prior IB/PE/VC experience and IIT undergraduate background.
- One M and A role was offered only
- 4 Asset Management and zero Equity Research and Credit Rating roles were offered.
So the best roles were offered limitedly while the batch size stood at 900. Most students ended up with unsatisfactory placements. Now you can decide whether or not to join if you are confident to face the placement scenario.
Is there any reason why one should not join IIM Bangalore?
Honestly, there is no major reason one should let go of such a golden opportunity if joining IIM Bangalore. Yet I have stated some reasons which might lead to this decision:
- You have got a call from IIM Ahmedabad as well and you prefer it over IIM Bangalore.
- If you are tight on budget and cannot afford the high fees here.
- If you are not confident that you will be able to bear the peer pressure and the level of competition at IIM Bangalore.
- If you are not interested in pursuing an MBA.
All these reasons validate your decision not to join IIM Bangalore.
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