Here are my ratings for the IIMs
The above rankings have been done on the basis of age, placements, and research. I don’t think these factors are enough to rank IIMs.
Another major parameter of comparison is the duration of the establishment.
Most of the FT rankings and online rankings are based on this parameter. In reality, every IIM has top-notch faculty, infrastructure and placements m. Yet the new IIMs will take some time to reach the top.
The college you decide to go to depends on what you want from your MBA. Many are just interested in placements. Some want to experience a nice relaxing college life. So these points might clarify further which of the 2 colleges is for you
Location: IIM Shillong is located in a serene area in North-East and has a calm temperature throughout. The ambiance is much more relaxing than IIM Lucknow which has extreme temperatures.
Curriculum: IIM Lucknow has a rigorous curriculum and the students face cut-throat competition causing many to repeat the first year. In contrast, IIM Shillong’s curriculum is balanced and students remain relaxed most of the time.
Sports: If you are a sports freak, then IIM Shillong is not for you as it has very limited opportunities as opposed to IIM Lucknow which has amazing opportunities.
Placements: The placement statistics of both the IIMs are given below
Particulars |
IIM Lucknow |
IIM Shillong |
Highest CTC |
INR 58 LPA |
INR 55.22 LPA |
Average CTC |
INR 31.03 LPA |
INR 23.10 LPA |
Median CTC |
INR 29 LPA |
INR 22.28 LPA |
Major Sectors |
Consulting, Finance, General Management |
IT and Analytics |
Top Recruiters |
Microsoft, Myntra, Winzo Games, Vodafone - Idea |
DE Shaw, Deloitte, TATA Steel |
From the above table we can infer that placement opportunities are better at IIM Lucknow than at IIM Shillong.
Alumni network: IIM Lucknow has a stronger alumni base and brand value owing to its early establishment.
So IIM Lucknow is definitely a better option if you are career oriented. But if you want to experience a relaxed campus life and create memories, IIM Shillong won’t disappoint you a bit.
Obviously, a low score may affect your interview but only a little. The key is to justify your low scores confidently and also answer any questions that are asked from your 12th syllabus.
Another way is to highlight your extra-curricular activities and achievements. Mention your other strengths but don’t lie about anything.
As far as the drop year is concerned I don’t think it will be much of a hurdle in your selection process because a major chunk of IPM students has taken a drop year. Still, you should be able to specify the reason for the same if asked.
78% won’t be enough to get you into IIM Shillong. You need at least 80% in your 10 and 12 grades. So we can say that for the final selection you must have 98 percentile. Other criteria to be considered are:
For engineers: Score of above 84 or 85 in 10th and 12th with min 8.0+ in undergraduate
For non-engineers: Score of above 80 in 10th and 12th with min 7.5 in undergraduate
This criterion is subject to change every year. Other factors that affect admissions are:
Your performance in the interview
Gender
Undergraduate stream
Both the IIMs will require above 85 to get admission. The eligibility criteria for IIM Kozhikode are a bit more strict than that of IIM Shillong. The minimum overall and sectional cutoff required for admission to IIM Kozhikode will remain 85 percentile and 75 percentile respectively for General category candidates.
Some of the famous alumni of IIM Shillong are very prominent people who have worked hard to reach the position they are in. They include: