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When will the PTU B.Tech counselling start on the basis of the JEE Main rank?
PTU B.Tech counseling 2022 (on the basis of JEE Main ranks) will tentatively start from the second week of September. The counseling will be done in two rounds. The first round will start around the second week of September. Results of this round should be declared by the third week.
2nd round of counseling will start in the 4th week of September (tentatively). The seat allocation for this round will be done around the first week of October.
Is it worth paying the higher fees to go to ISB? Why?
My answer is going to be extremely biased as my sister has been a victim of ISB Hyderabad’s high fees and poor placement opportunities. This answer is meant to shed some light on this issue.
ISB Hyderabad MBA fees are currently INR 41,98,000 (plus GST) while the batch size is around 900. The Institute has failed to cater to the huge batch size and has witnessed a decline in the quality of education and placements in ISB Hyderabad.
The best roles are very scarce and are given only to the students with the top grades. Others end up with below-average packages. As far as the specialization is concerned, Finance jobs are almost non-existent at ISB Hyderabad. Consulting is one of the leading domains here and the top 3 firms do visit the campus. But the number of roles offered by them is not enough for the huge batch.
The other roles offered are mediocre and not at par with the hefty fees 900 students have paid. They expect better packages and after realizing the actual scenario feel wronged.
ISB Hyderabad MBA is not suitable if
- you earn around 16 Llacs with more than 3 years of work experience
- you are a software engineer in top product companies
- you are already from a good engineering college like IITs, BITS, and Top NITs
So we can safely conclude that ISB Hyderabad is an overrated Institute and its rankings are misleading. The reality of the institute begs to differ.
Is 60 LPA a good salary for the IT industry with 12+ years experience in Bangalore having both an IIT IIM combination?
Yes, 60 LPA is indeed a pretty decent salary for someone working in the IT industry. In fact, after 12 years do people even work for a salary anymore? I think their work-life needs other factors for motivation. These include your growth in the particular field, your understanding of the recent trends, you are being able to undertake risks successfully, or the recognition of things that might be beneficial for you in the long run. What I mean is after a long period of 12 years your salary is no longer the motivating factor. So instead of looking for a higher salary, focus on your own life and personal growth.
Is it a better choice for choosing FMS, Delhi over IIM-B and IIM-C?
No, choosing FMS Delhi over IIMB or IIMC is definitely not a good decision as you will be missing out on so many opportunities. Some of them include
- Student exchange programs: The top 3 IIMS have student exchange programs wherein almost 30% of the batch spends one term at a European B School. Also, IIM Calcutta is a part of CEMS. 25 students from IIMC are offered the most coveted CEMS MiM degree.
- Placements: Without any doubt, the top IIMs have the best placement drives than any other B school in India. All the major companies like McKinsey, BCG, Bain, and AT Kearney visit the campus and hire 50+ students every year. Even if the same companies visit FMS M, the roles offered are different. Also despite being good for marketing, the biggest giants in FMCG don’t visit the campus regularly. So top jobs are offered at IIM ABC and FMS misses out on this opportunity.
- Campus Life: With no hostel facility, FMS Delhi has non-existent campus life. Meanwhile, all the other IIMs have beautiful campuses, excellent infrastructure, and hostel facilities.
- Brand name: Without any doubt, IIMs have a bigger brand name than FMS.
- ROI: ROI or Return on Investment is higher for IIMs than FMS in the long run. Although due to the payment of loans initially, ROI will seem less than FMS(low fees), that’s not the case. IIMs provide better opportunities, global recognition, and an alumni base that add to the ROI value.
You won’t lose anything from joining IIMS over FMS.
What if a person has already taken an admission and also gets selected through the PTU counseling?
There won’t be any problem if someone gets admission after passing from the PTU counseling. This happens to almost every student.
If you want to take admission via the counseling round then there is a concession for 1000 rupees on admission in PTU.
Compare both the institutes, if it is a government college you can opt for a refund. However, in the case of private colleges, it is your choice to get admitted.
Before choosing, look over the stats of both the institutes and figure out the better one. Choose the college based on Faculty, academics, recognitions, placements stats. Choose the better college out of the two.
By how much will the cutoffs decrease after the 1st round of counseling at BITS Pilani?
BITS Pilani conducts its own entrance test, BITS Aptitude Test (BITSAT), to admit students to its various engineering and science programs offered by its three campuses at Pilani, Hyderabad, and Goa. Generally, it is seen that the cut-offs of the first round of counseling are very much high. This is because many students tend to leave the institute after they get admission at some IITs or NITs or any other college of their choice.
The cut-offs decrease significantly in the second round of counseling. Now how much it will decrease is very difficult to predict at any stage. Each year the candidate pool is different. But if you look at the 1st round cut-off and the final round cut-off you will get the picture.
Should I join IIM Bangalore given that I am already earning 20 lpa (base) at Amazon?
No, I don’t think you should join IIM Bangalore and pursue MBA given that you are already receiving INR 20 LPA (base).
If your base is INR 20 LPA then the package should be around INR 25 LPA. An MBA from IIM Bangalore will also get you placed with a similar package maybe around INR 30 LPA. This does not make much difference considering the high fees you will have to pay. In Fact you will be leaving out the market risk, performance, opportunity costs and the increment that you will probably get in the next two years.
So an MBA from IIM Bangalore does not seem a good option since you are already working at an esteemed organization with an above average salary.
Is IGNOU a good university?
Yes. IGNOU is definitely not just a degree-making university. The quality of study materials is pretty good and it’s not easy to pass the exams. This makes it not the best but a pretty good university. Also, don’t forget the fact that it's the world's largest open university.
IGNOU is a well-reputed and recognized university. The degrees are also favourably accepted for employment posing no problem due to distance learning.
Another benefit one can avail from IGNOU is its affordable fee structure. You can spend only INR 50,000-60,000 on your graduation and still get placed at a major MNC. Ultimately it’s up to you to decide if the university is good or bad
Should I join IIM Calcutta or IIM Kozhikode? I am an average student who somehow managed to do well in the CAT and convert both of these but want a fair shot at being in the better half of the batch
Both IIM Calcutta and IIM Kozhikode are top-notch management institutes in India. The majority of people claim that IIMC is better than IIMK just because it has a strong alumni connection and extremely experienced faculty.
But don’t make your decision solely based on this. Keep your aim in mind before deciding.
Choose IIM Calcutta if-
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You want your personality to be developed to the maximum extent
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You have a knack for Maths and Analytical Skills Development
Choose IIM Kozhikode if-
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You want to be in the top 1% of the class
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You prefer an institute with less dynamism
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If you are average at Maths and Analytical Skills Development
The final decision is yours to make.
Is it worth it to go into 6 new IIMs (Ranchi, Rohtak, Raipur, Udaipur, Trichy & Kashipur) rather than going for an MS?
Before choosing a college, try to make sure what you are really interested in. If it is MS then don’t go for any IIM. This is because you can pursue an MBA later in life if MS did not work for you. But you will not get the chance to choose Ms after your MBA. Also since it’s your area of interest, chances are you might find your talents and may want to work on them.
Now if you are sure about the course but confused about the IIMs, I will give you my honest opinion. The new IIMs are enjoying fame and glory owing to the achievements of their predecessors alone. They haven’t done much to attain the level of older IIMs. These new IIMs are poorly organized. The faculty is below average, the infrastructure is substandard and the teaching is pathetic. Yet they are here to claim the coveted IIM tag.
So if you are someone for whom the tag of IIM and its high placement matters only, you can surely go for a new IIM. But if you value education over institutions then base your decision on research.
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