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Why did you choose IIM L over FMS Delhi? I heard that FMS is at par with ABC and much better than IIM L.
- Placements: While median/average salary is one way to judge placement quality, considering the roles offered at summer and final placements is a more comprehensive way to get an idea of the quality of placements. In terms of finance and consulting firms visiting the campus for summer and final placements, IIM BAC received more diverse offers. MBB firms have begun to visit IIM L as well.
- International Reputation: IIMs BAC is one of the world's top business schools. Even if IIML is not widely known in the international community, the fact that it is part of the IIM family lends credibility to its name. FMS does not appear in any international rankings.
- Student Exchange: IIMB has over 150 outgoing students and over 90 incoming students. The figures at IIML would be lower, but significantly higher than at FMS.
- Pedagogy: The pedagogy at IIMs is a mix of case studies and class-based theoretical discussions. This provides a more in-depth understanding of various topics.
- Campus Life: Campus life at IIMs is vibrant, whereas it is almost nonexistent at FMS.
- Research: The research output of IIMs at BAC and even L is higher than that of FMS. You could, for example, work with a professor to publish a paper or write a case study as part of your course.
Should residents of Ahmedabad skip IIM Ahmedabad, to avoid constant disturbance from family members, and try for IIM Calcutta or IIM Bangalore instead?
I wouldn’t say that as a student of IIM Ahmedabad and also a resident of Ahmedabad, visits from your family members will be a problem. This is because the maximum duration of your day will be spent in classes, studying for exams or assignments. You will not even have the time to be disturbed by your family members. It’s not that big of a factor that might change your decision to go to IIM Calcutta or Bangalore rather than IIM Ahmedabad. Moreover chances are that you might face some health issues and it's to your advantage as an Ahmedabad resident that your family members will tend to you so that you can recover quickly.
Which educational course is better- IPM from IIM Indore or BBA+MBA from Christ University Bangalore?
Choosing between IIM and Christ University is not a difficult decision. Without second thoughts, forgo the offer from Christ University and go for IIM Indore. This is because
- The title of IIM is more than enough to open opportunities for you in the future
- You will get better exposure and crowd at IIM than at Christ university
- Obviously the placement opportunities are better at IIM than at any other university.
|
Particulars |
IIM Indore |
Christ University |
|
Average CTC |
INR 24.09 LPA |
INR 15 LPA |
|
Highest CTC |
INR 21.46 LPA |
INR 49 LPA |
Even if both the colleges offer similar packages IIM has a bigger brand image and will help you in the long run.
What is life like after receiving an MBA from FMS-Delhi as compared to top IIMs?
After receiving an MBA from FMS Delhi, life became quite simple owing to the following reason
Placements
Excellent placement, and a variety of offers from different fields made it easier for the students. FMS Delhi maintains a stable placement record over years. Students receive lucrative salary packages every year. This year too was no different. The highest salary stood at INR 58 LPA. Students received an average salary of INR 34.2 LPA which increased by 30.5% (approximately) as compared to the previous year. There was an increase of 37% in the top 100 average salaries, 24% in the freshers' average salary.
Apart from a good CAT score, if I have scored 94% in 10th, 93% in 12th and 82% in B.E, what are my chances for an IIM Bangalore call?
The chances of an interview call from IIM Bangalore depends on all factors cumulatively, 10th, 12, and graduation score, CAT percentile, profile, etc. Here are some of the things that you should know.
- Since you scored 94% in 10th, 93% in 12th, and 82% in Engineering, your profile is quite good. However, that does not necessarily mean that you will get a call back from IIM Bangalore.
- Work experience also plays a key role in getting a callback. For IIM Bangalore, it is somewhat difficult to expect a call without having work experience of at least 2 years or more.
Also, your CAT score should be at least more than the 99.6 percentile. Along with that, try to score better in sections like DILR, VARC, and QA.
Can I make it to IIM A B or C if my 10 score is 93, 12 is 82 and grade is 73 and from a tier 3 college?
Your question basically means what criteria are required to get into IIM A B or C. The table below has summarized the different parameters that decide your eligibility for admission into IIM ABC.
|
Particulars |
IIM Calcutta |
IIM Ahmedabad |
IIM Bangalore |
|
Academics |
Shortlisting-40% Final Selection-0% |
Shortlisting-30% Final Selection-15% |
Shortlisting-50% Final Selection-25% |
|
Worl Experience |
8% (final selection) |
5% (shortlisting) |
8% (shortlisting) 10% (final selection) |
|
Gender/Academic Diversity |
4% (shortlisting) 4% (final selection) |
2% (shortlisting) |
Non-Engineers can get a call with low percentile also |
Now considering your profile, you need the following CAT score to get into IIM A B C
IIM Ahmedabad: If you are a non-engineer you will get a call easily but if you are an engineer you will need work experience and at least 99.5+CAT score
IIM Bangalore: You will need work experience to compensate for poor academic record or at least 100 percentile to get a call
IIM Calcutta: you will need 98.8+ if you are a girl. For boys, it is around 99.6+.
How good is XLRI Jamshedpur? How it fares against IIM ABC? Please answer, you view is valuable.
With its HR program allegedly being the best in Asia, XLRI might be ranked as one of the top 6 management schools in India. Other areas of expertise like marketing and finance are also strong.
One of XLRI's major advantages, in addition to having a large alumni base, is that all of the HR directors at the country's top corporations are XLRI graduates. As a result, XLRI receives a fantastic placement. As most employers view it on par with IIM A, B, and C, this also helps if you wish to change jobs. It will be regarded as one notch lower when compared to IIM A, B, and C. Top IB and PE firms that exclusively visit IIM A, B, and C do not go to XLRI. But XLRI is a fantastic alternative if you are not interested in IB or PE.
Many reputable companies (in the financial and consulting industries) exclusively visit IIM A or B; XLRI is not among them. But even with fewer options, XL can help you get into the best companies. The batch size is one factor. The XL BM batch size (until the 2021 batch) was just 180, as opposed to IIM A, B, and C, which had twice as many.
My idea has been selected for Mentoring and then incubation at IIM Bangalore. How should I go about presenting it to them so that they agree for incubating it?
One of my friends' startups was incubated by NSRCEL, IIM Bangalore. She narrated her struggles in achieving this after 3 attempts. I won’t go through the details of how you can get your idea incubated as your idea has already been. Instead, I will tell you what comes after.
Once your idea has been incubated, you will be enrolled in a 3-month LaunchPad program. During this program you will have to work from the IIM Bangalore campus itself. The team of NSRCEL will
- Conduct workshops to familiarize you with startups and how they function.
- The NSRCEL team will set attainable targets and help you achieve them.
- You will be allowed interactions with experienced mentors who will offer suggestions and opinions regarding your idea. Use this opportunity to learn and upgrade the idea and not as criticism.
- The team will also provide you with some time and money-saving business tools like AWS credits, Access to CRM, and accounting software.
My friend said she regretted not paying during this program because she was not well prepared for what came after. You will have to present your idea in front of a panel of 8 judges. They will analyze if your idea is worth investing in and your goals. They will inquire a lot and pose difficult questions, the answers to which can be known only if you really paid attention to the program.
The 3 possible outcomes of this procedure are
- Your idea gets incubated
- You are granted an extension of 2-3 months to work on your idea a bit more
- You are asked to re-apply for the Launchpad program as you need to understand your business better.
Irrespective of the outcome don’t get demotivated. Because the largest of empires have been built after countless failures.
What is the selection procedure like for EPGP at IIM Bangalore?
The screening or selection process for EPGP at IIM Bangalore for applications in which they evaluate your application, GMAT scores, academics, career progression, career/extracurricular achievements, diversity, and knowledge that you can bring to class.
If you pass this, you will be invited for a face-to-face or Skype interview with a panel consisting of someone from the program office and alums who will check if you have the right credentials and expectations from and about the program.
Should I choose IIMB over FMS Delhi?
Many people choose IIM Bangalore over FMS Delhi because of its brand image. Also without any doubt, IIM is at an altogether different level than other B Schools. Considering the IIFT rankings of this year IIM Bangalore ranked 1st whereas FMS ranked 4th.
But if you consider the ROI, FMS has an upper hand. Its incredibly lower fees in comparison to IIMs make it the best choice for people who are low on budget and don’t want to get involved with educational loans. It’s the best cost-effective MBA program in the country. The placements here are also at par with IIMs.
So choose IIMB over FMS only if
- You can invest 20+ lakhs or are willing to take out a loan
- If you are looking for a brand image more than just the essence of an MBA
- You want to experience an impressive campus life
If these are your reasons for pursuing an MBA. IIM Bangalore is a better choice. Else go for FMS, nothing there will disappoint you.
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