Not just the SIBM Bangalore placement records, most placement records at all the B-schools are inflated by around 20-30%. The placement committee increases the average CTC to look higher than the previous year. Also, the average CTC does not include people who remain unplaced. If a student gets two offers, both are included in the average. If a student gets a high-paying off-campus placement, the colleges include it in the placements report
Even the highest package is not correct in most cases. It can be an overseas offer and may have a 5-year retention bonus added to it. So if, say, the base salary offered is 15 LPA, you will get 2 Lakhs every year if you stay for 5 years.
Details of the offers are not made public which gives liberty to the colleges to twist facts to their advantage.
To get into SIBM Bangalore for your MBA will cost you around INR 19 Lakhs. As a student in a tier 2 college, you will most probably end up with an offer of INR 7 to 9 LPA. It is rare for students to get very high packages.
This is the reality of placements that I wanted to share with you as a former placement committee member.
You can do an MBA from SIBM Bangalore however, arrive at your final decision after considering everything.
IMT Ghaziabad placement reports tell a different story. When the batch was as big as 640, only around 10 people were unplaced. Now with a much smaller batch, I don’t think even these many students will lose chances of placements.
Moreover, even the greatest B Schools have a few students who fail to get placed. These include the top 3 IIMs as well. This is because of the general nature of B Schools and is technically not the institution’s fault. It’s because of the tough competence within a B School.
The top B Schools are a hub of geniuses and if you are anywhere below excellent your journey inside the B School will be tough. The guidelines are tough and the professors only want perfect results. You will be under constant pressure to deliver the best you can and might even crumble if not emotionally strong if you are still unsure, check the LinkedIn profiles of IMT Ghaziabad’s alumni and check where they are working right now.
KLE Technological University placements are good for CSE and ECE. Around 95% of students from these branches get placed each year. The highest CTC offered to the students of these branches is around INR 30 LPA. While the average CTC stays around INR 6.5 LPA. PwC, L&T, Infosys, Bosch, Toshiba, Google, etc. took part in the placement drive.
Programming is a field anyone can opt for provided they have the skills and the knowledge. Irrespective of the branch, engineering students are exposed to programming to a certain extent and thus have the skills for an IT job. Non-cs students can get jobs in top companies like Google, Amazon Microsoft, etc. if they are well-versed with algorithms. Even average students get placed in the IT department of companies like Flipkart, Snapdeal, Myntra, Tower Research, Shopclues, Delhivery, Jabong, and many other good startups like Grabhouse and Flatfurnish, etc.
So whether you can join it or not depends on whether you are interested in it and can pursue it long term as your career. If you don’t have a genuine interest the field may tire you out after a while and even the money you make won’t satisfy you. If you think you won’t be able to join because you lack the skills then rest assured, that is certainly not the case. IT Companies hire IITians for sure based on analytical skills only.
Hope this helps you!
Yes, there indeed is a certain level of bias that IPM students face during the placement process. But the reason is well justified. Being a newly established course, IPM lacks the certainty of success. The industries are only gradually developing their trust towards this course over the years. So the recruiters are still a bit hesitant in investing in an IPM student.
But if you look at the figures, you can see that the course has been gaining trust and climbing the ladder drastically over the past few years. Also, I don’t think it’s justifiable to draw a comparison between a 7-year-old program that has already been recognized (PGP) to a newly established course (IPM).
People usually compare these 2 programs because they see IPM as a means to join IIM by escaping CAT. This is not the case at all. IPM is much more than that. It needs no comparison to any other program. It is a full-fledged integrated course that is way ahead of other undergrad or integrated courses across the nation both in terms of the kind of education it offers and the placements.
Here is some information on the civil engineering placements at SVNIT-
As per the 2022 stats, 43 out of 82 registered B.Tech Civil students were successfully placed from the SVNIT campus. The highest package offered was 12.84 LPA, the average package was 6.32 LPA, and the lowest package was 3.61 LPA. The top recruiting core companies for the Civil department are- L&T, Hindustan Construction Company, Tata Projects, etc. L&T and ECC offer internships to a large chunk of the students.
From these stats, one can conclude that the placements are very average for B.Tech Civil at SVNIT.
Placements at IIM Calcutta are modified versions of the Stanford Prison Experiment that involve less physical abuse but ruthless psychological torture. And it is past time that CAT aspirants and the general public were made aware of this. It is also an attempt to raise awareness among the Institute's Board of Governors, faculty, and other stakeholders. It also reflects utter dissatisfaction with IIM-C Alumni who graduated in recent years and failed to take any action or stand up for what is right, despite knowing what goes on here.
Yes, the Placement Committee members were recently subjected to a Non-Confidence Motion because a majority of final-year MBAs finally took a stand against the oppressive regime. If you fail to attend company PPTs or a Wing mate fails to attend due to illness, your entire wing will be barred from at least three companies. Unless you're a friend or a beloved, of course. Nobody holds PlaceCom accountable.
If you are considering Engineering colleges from Pondicherry alone then choosing PEC is the best choice. You will receive similar placement opportunities as that of the BTech students at the institute.
Companies like TCS, HCL, Aricent, Sapient, SAP, Subex, and few start-ups visit the campus for placement drives.
There is no difference in packages that are offered to BTech graduates and MTech graduates unless you negotiate on your behalf.
Another crucial thing for MTech at PEC is choosing the right project guide. Your project quality will depend a lot on the guide. It is of utmost importance for postgraduates. So, choose a difficult project and don’t entirely depend on your guide for the work. Do courses on online platforms like Coursera to learn about necessary things.
So, choose PEC, only if you are willing to go the extra mile by yourself.
Yes, GIM, FORE, KJ Somaiya & SIBM-Bangalore all these B Schools enjoy 100% placement percentages. Speaking about figures, the highest and average packages of the mentioned colleges have been tabulated below.
College |
Average Package |
Highest package |
GIM |
INR 12.1 LPA |
INR 30.2 LPA |
FORE |
INR 14.04 LPA |
INR 41 LPA |
KJ Somaiya |
INR 10.98 LPA |
INR 26.50 LPA |
SIBM Bangalore |
INR 10.60 LPA |
INR 32 LPA |
More than figures, the deciding factors for your choice of college should be your interest, strengths, area of specialization and most importantly why you are pursuing an MBA.
My friend is a pass out of SIMS. According to her, some features of SIMS are
All these features make SIMR one of the best B Schools of India.
IISc Bangalore has an active placement cell that conducts placements yearly. Last year the students received an average salary of INR 23 LPA and the highest salary of INR 60 LPA. Some of the past recruiters include Adobe, India Bulls, Siemens, L&T, Tech Mahindra, ICICI bank, Cognizant, Birla Soft, Cipla, etc.
As for the ME, it's a research-oriented program and has no placements. So I am assuming the scope you are concerned about is the learning scope. The ME in CSE helps largely in expanding your knowledge base and considering it comes from one of the most prestigious institutes, the course is undoubtedly exceptional. However, it's best to check the faculty profile in your related areas.