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Which IIM should I prefer out of IIM Udaipur, IIM Trichy, and IIM Ranchi?
I think that Udaipur is one of the most underrated IIMs. To elaborate on this point let me enlighten you with some amazing facts about it
- IIM Udaipur is the youngest B-school in the world to rank in the top 100 FT(Financial Times) Masters in Management ranking globally.
- It ranks better than IIM Indore
- It is ranked along with IIM Indore in the 101+ category in the World QS Ranking
- IIM Udaipur is the youngest B-school in India to get AACSB Accreditation.
- IIM Udaipur is ranked 4th in Research in India in the research ranking by UT Dallas and has overtaken Calcutta which is in the 5th position
In reality IIM Udaipur is an IIM that has an extensive research culture. The rankings are a reflection of how quickly it has climbed the ladder. It is due to its high-quality research that many excellent permanent faculty has become a part of IIM Udaipur. This does not make it the best IIM but still, it is heading toward becoming the best.
Another major attraction of this institute is its impartial nature in every aspect be it placements or admissions. The students are not deceived at any point at all.
The placement statistics are seeing a gradual improvement over the past few years.
|
Particulars |
Placement Statistics |
|
Placement Percentage |
100% |
|
Batch size |
315 |
|
Number of Recruiters |
184 |
|
Highest CTC |
INR 35.96 LPA |
|
Average CTC |
INR 19.5 LPA |
|
Top Recruiters |
American Express, Asian Paints, PwC |
These figures are expected to rise in the coming years. All this makes IIM Udaipur a good choice.
Which B School should I join amongst: IIM Udaipur, NMIMS or IIM Trichy?
Recommendations on joining an IIM:
For individuals who come from top tier engineering colleges (such as IITs or BITs) and have a salary of more than INR 10 lakh per year in the tech sector:
- It is not advisable to join any new IIMs unless you are looking to change your domain or are in a particularly difficult situation.
- Do not expect to gain a lot of knowledge or make friends with similar backgrounds at new IIMs, as the student body tends to have mediocre backgrounds and may not be well-informed about industry trends.
- Do not join a new IIM based on the media relations people who promote the institute on Quora, as they may not understand your level or expectations.
For individuals who are not from top colleges and have a salary of less than INR 5-6 lakh per year:
- It may be beneficial to join a new IIM, as it could potentially improve your situation.
- It is generally a good idea to join a new IIM without hesitation, as it may have a significant impact on your life.
For individuals who come from top tier engineering colleges and have made poor decisions in their lives:
- It may be worth considering attending a new IIM if you are willing to endure two years of academic study in order to improve your career prospects.
For entrepreneurs or aspiring entrepreneurs:
- Consider the return on investment before committing to a new IIM. It may not be worth incurring a debt of INR 16 lakh and spending two years with mediocre peers if it is not likely to lead to a good job and a successful career. It is important to carefully weigh the potential benefits and drawbacks before making a decision.
What is the highest package of IIM Udaipur?
Given below is the tabulated form of Placement Statistics of IIM Udaipur 2022
|
Particulars |
Statistics |
|
Placement Percentage |
100% |
|
Batch Size |
315 |
|
Number of students participating |
315 |
|
Number of recruiters |
184 |
|
Number of students placed |
315 |
|
Highest CTC |
INR 35.96 LPA |
|
Average CTC |
INR 19.5 LPA |
|
Median CTC |
INR 15.6 LPA |
So during the 2022 Final Placements, the highest CTC of INR 35.96 LPA was offered. Some major recruiters include
- American Express
- Asian Paints
- PwC
How is the faculty and infrastructure at IIM Udaipur?
One of my friends studied at IIM Udaipur and here are some facts he mentioned, which might help you get to know it a bit better.
Faculty
- IIM Udaipur lays a great emphasis on academics and the faculty. Good blend of experienced and young faculty who are highly qualified from some of the top universities around the world.
- Most of the faculty have studied at Iowa State University, Nanyang Technical University Singapore, IIM Bangalore, IIM Ahmedabad, and many more.
- It also has a high focus on the research output of the faculty and provides them with incentives as well as time to carry out their activities.
- The faculty are also highly engaged and they help the students in various academic projects.
- In terms of teaching and classroom experience, IIM Udaipur is always considered a notch above other B-schools.
Infrastructure
- The campus is only 5 years old. But it has all the necessary facilities in place already.
- Necessities such as air conditioning, drinking water, WiFi, hot water supply, lifts, etc. are in place already.
- Currently, there are 9 boys’ hostels and 3 girls’ hostels with plans for more in the coming years as student strength grows.
- The hostels and the mess are managed by the Sarovar Group of Hotels which is a 3-star hospitality and hotel service in Udaipur.
- The campus is located amongst the hills of the Aravali mountain ranges and offers a pleasant view of the outdoors.
- The buildings are made from the sandstones of Rajasthan and offer an architectural design mimicking that of the Rajasthan landscapes.
The campus is however still under construction and many other facilities will come up, most notably a sports complex. So, these are some of the facts about IIM Udaipur about their faculty and infrastructure.
Which one to choose between IIM Raipur, IIM Udaipur and IIM Trichy for Finance?
For Finance, IIM Trichy is the best option. It has a great faculty base for this domain. Most of the faculty members are from IIM ABC. It is among the handful of B-School in India that has an association with CFA.
According to the highlights of IIM Trichy placements 2021, 15% of the placement offers were made from the finance sector. The average CTC offered by the recruiters from this sector was INR 17.67 LPA.
How good is IIM Udaipur?
IIM Udaipur is a prestigious and exceptional institute that offers a comprehensive MBA program. IIM Udaipur is one of the 20 IIMs that have been established in India. The institute, which was founded in 2011, is located on 300 acres of land in the picturesque city of Udaipur, Rajasthan. The beautiful city of Udaipur provides an ideal backdrop of heritage and history for the institute to make a distinct mark in the region's management education. AACSB-accredited, the institute currently offers a two-year full-time MBA program, two one-year MBA programs, and a doctoral program in management.
IIMU's infrastructure is excellent, with Wi-Fi available throughout the campus. Every cluster has Wi-Fi, and students have access to a well-equipped library as well as online library resources. On campus, there is also a gymnasium and medical services.
The MBA class of 2022 had a 100% placement rate, with 315 students participating in the placement drive. The highest CTC for the MBA class of 2022 was INR 35 LPA, while the average CTC was INR 17.5 LPA. Among the top recruiters who visited the campus were Goldman Sachs, Amazon, ICICI Bank, Pidilite, and Cisco Systems. Among the many positions available to students were product management, general management, sales, and marketing.
Which IIM should I prefer, Ranchi/ Rohtak/ Raipur/ Udaipur? And why?
Out of the IIMs like IIM Rohtak, IIM Raipur, and IIM Udaipur, IIM Ranchi may be the best choice for several reasons. Firstly, despite being an IIM, IIM Ranchi is relatively new and is still working towards building a reputation for itself. On the other hand, IIM Ranchi is an established institution that has been around for longer and can be trusted for its campus, faculty, and placements.
Additionally, as a newer institute, IIM Ranchi may be more focused on making a mark and establishing itself as a top business school, which could potentially lead to a more dedicated and driven faculty and student body. Overall, while all the IIMs are highly regarded institutes, IIM Ranchi may offer a unique and potentially more rewarding experience due to its status as a newer institute.
What would I chose SIBM, Pune or IIM UDAIPUR considering IIM brand, growth of new IIMs and covid situation?
Your parameters to judge a college are wrong. You cannot decide a college’s suitability and worth just through these points. You need to look up at what it is offering currently and where it will be standing in the future. Let’s divide this into 2 parts
Short-sighted approach: This includes analyzing the present opportunities offered by the college, its placement reports and the companies it attracts. Most students focus on this only which is not right. It sure is important to look up and compare the opportunities provided by the two colleges. But this cannot be the sole factor in deciding it.
Long-sighted approach: This involves researching and analyzing where the college stands in the future, maybe in 10-15 years. This is especially important in case of IIMs which carry the hierarchy of the older IIMs and have a credibility to climb the ladder. You check the potential of the college because it won’t be just a source to kick start your career but will remain attached to you for the rest of your life.
So what you need to do first is look up at and compare the opportunities offered by the 2 colleges and then see which college has the most potential.
If you had to made a decision between joining XLRI-NCR Campus or IIM Udaipur, Which would you chose and why?
If I had to make a choice between the two colleges, my decision would have been to go for XLRI-NCR campus. Some strong points that favor my opinion are
- Brand: The brand name of XLRI is very strong and not comparable to the new IIMs.
- Campus: IIM Udaipur campus is still incomplete whereas XLRI has a permanent campus with world class facilities.
- Pedagogy: The pedagogy is almost similar to that of the original branch of XLRI. This means most electives will be taught by renowned professors from XLRI itself. The pedagogy of IIM Udaipur is nowhere near that of XLRI.
- Placements: The best part of placements here is that the summer and final placements of both the institutes (XLRI Main campus and NCR campus) are held together. This opens doors for top consulting and FMCG companies that do not visit the IIM Udaipur campus. A slight comparison between the placement statistics of the 2 B Schools is given below
|
Particulars |
IIM Udaipur |
XLRI NCR |
|
Batch Size |
315 |
427 |
|
Number of recruiters |
184 |
99 |
|
Highest CTC |
INR 35.96 LPA |
INR 49 LPA |
|
Average CTC |
INR 19.5 LPA |
INR 27.58 LPA |
I hope the above points are enough to convince you to go for IIM Udaipur.
Which IIM is better: IIM Shillong, IIM Udaipur, or IIM Trichy?
I don’t see why people keep comparing the older IIMs to newer ones. No matter how good a new IIM is doing, it can never compare to an older established IIM. The same is the case here. IIM Trichy and IIM Udaipur are indeed growing at an excellent rate, but IIM Shillong still is the winner of the race. This is because of its early establishment and being a member of the top IIMs family BLACKIS. That in itself is an accomplishment that the new IIMs have failed to achieve.
IIM Shillong is the 7th IIM and is among the top B Schools in India. Ever since its establishment, it has been growing at a tremendous pace and its placements are a testament to that. The brand value it enjoys because of being a part of BLACKIS is much more than any new IIM. This brand value helps you in the long run.
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