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Is it worth it to leave NMIMS BBA to join IPM at IIM Rohtak?
Before answering your question let me draw a comparison between both the colleges on the basis of the given factors
|
Particulars |
IIM Rohtak |
NMIMS |
|
Fees |
?9.9 Lakhs (1st Year Fees) |
?11.95 Lakhs (1st Year Fees) |
|
Average CTC |
INR 16.06 LPA |
INR 23.07 LPA |
|
Highest CTC |
INR 32.00 LPA |
INR 57.65 LPA |
|
Total Recruiters |
80+ |
40+ |
If you are still not satisfied, let me tell you one very important point. Choosing NMIMS will make you a BBA graduate only whereas the IPM program at IIM Rohtak will make you an MBA graduate. So choose wisely!
How is the IPM of IIM Rohtak? Do you find it on par with IPM IIM Indore?
Comparing IIM Indore’s program to IIM Rohtak, there is a simple conclusion- IIM Indore is better than IIM Rohtak in almost every aspect.
Similarly, IIM Indore's IPM course is better in every case scenario. This is because of
- Older campus
- Better faculty
- Better connectivity with the industry
- Better global image
- The credibility of the course is far better
- Better Alumni network
- Better competition
- Stronger brand name
- Better location
- Better placements
These are some parameters on which IIM Indore has an upper hand over IIM Rohtak. Also IIM Rohtak overall has lost its rankings over the past few years due to various controversies. So it’s best you don’t risk your career and go for IIM Indore instead.
Is IPM IIM Rohtak worth it?
IIM Rohtak is a very newly established IIM that has yet to make its place in the IIM family. Because of its recent establishment people deem it not worthy of the IIM tag. But in reality, it’s gradually picking up pace and by the time its first batch will graduate (2024), it will have climbed the ladder higher.
People think the IPM program offered by IIM Rohtak is a backdoor for people who want to escape the CAT exam. In reality, most of the students plan to give CAT or GMAT or both at the end of their third year.
Even if one compares Rohtak and Indore, we can clearly see that Rohtak is way ahead of Indore. The first batch placements of Rohtak are better than Indore.
Some consider the lack of connectivity and cost also a reason why Rohtak is not worth it. But let me shed some light on this matter. Rohtak is just 70 km away from Delhi. The International airport is just an hour or two 's drive from the campus. So the connectivity issue is resolved here. As far as the cost is considered, one should not underestimate the 5 years he will be spending at an IIM campus with top-notch facilities and the most learned faculty and brilliant peers. All the investment is worth it. The final decision is yours to make but does remember that IIM Rohtak will have climbed the ladder in just a few years.
What is the average salary of an IPM student at IIM Indore?
The placement statistics of IPM students at IIM Indore students are as follows
|
Particulars |
Placement Statistics |
|
Highest CTC |
INR 49 LPA |
|
Average CTC |
INR 25.1 LPA |
|
Median CTC |
INR 24.09 LPA |
|
Total Companies |
200+ |
|
Total Number of Students |
572 |
How many waitlisted candidates clear on an average in IPM IIM Indore in General and OBC Categories?
Around 80 waitlisted candidates manage to clear on average in IPM IIM Indore. The main reason is that most students consider IPM as another option like engineering. The course is good and not exaggerated.
The curriculum has been updated to remove the courses that were of little importance and focus more on core subjects like Maths, Statistics, and Economics. The IPM program is a relatively new course but has witnessed great improvements in the past few years. Nothing is stopping it from climbing the ladder higher.
Is economics honors a better option or IPM offered at IIM Indore?
Firstly Economics Honours required an in-depth study of Economics whereas the IPM program focuses on the many areas of Management. There is a drastic difference between the nature of both courses. No doubt Economics knowledge is beneficial for the IPM program but is not necessarily important. In IPM, Economics is just a 4 credit course in a term of about 30 credits.
IPM hugely emphasizes Quants over Economics. So if you are more interested in Economics, then IPM is not for you. Your choice should be a good college from DU North Campus. If you manage to get into one then pursuing Economic Honors is a much-preferred option over IPM. Don’t choose a below-average college for Economic Honors. In that case, go for IPM only.
Which career is better from a financial perspective: a corporate lawyer or an IIM Indore IPM course?
Honestly speaking, every career is good from a financial perspective provided that you are efficient in your job. You don’t get paid for your qualifications, degrees or certificates. They are just means to acquire the skills. People pay you for your skills and efficiency. They pay you for the quality of work you get delivered.
The reason why IIM or top Business or Law Schools students earn a higher salary than others is because their colleges teach them the skills along the way. They don’t just receive their degree after paying high fees. They earn the degree through struggles and efforts.
Other instances include people who lack higher education yet have strived to become entrepreneurs and stock investors. They are making a lot of money through it. They are being paid for their skills and knowledge for their degrees.
So decide your career solely on the basis of your interests and inclinations. Don’t just aim at a degree or a certificate.
Which course is the best? IIM Indore's IPM, BFIA / BMS at SSCBS, DU; BSc Fin. at NMIMS or BBA at Christ?
In my opinion, the best course among these is IPM. Some might even think I am a little biased towards this course but in reality once you learn the advantages of this program you will change your mind.
The Programme consists of 15 terms spread over a period of 5 years, with each year having 3 terms of 3 months. The subjects of the initial 3 years focus on the foundation and the last 2 years have core subjects that focus on Management.
- The programme is designed by renowned experts.
- IIM-I tag
- Amazing infrastructure
- Excellent faculty
- Extensive network of alumnis
- Peers from diverse backgrounds (The last 2 years are along with PGP students )
- Great placement opportunities
- Wide range of co-curricular activities
Cons :
- Programme is new so recruiters and big companies don’t trust it much
- It experiences bias when compared to the old PGP model.
- In case one doesn't like the programme, you can not change the stream again.
- IPM offers very limited scope
- No specialization
- Freshers are not much preferred in comparison to experienced placements.
- High fees
Still if you are not convinced that IPM is the best alone the courses you mentioned, the order for the other courses is
SSCBS> NMIMS> Christ
The only advantage the other courses have over IPM is that their model is tried and tested and open to lesser risks. Hence the scope is not that much limited.
Which coaching is better IMS or TIME for IPM IIM Indore?
I will seriously not recommend you to go for TIME. The first choice is PRATHAM if not then IMS.
The IIM paper is always tough and covers maximum mathematical questions. They are both difficult as well as time consuming.
Questions are never repeated in this paper. But if the study material and faculty is the same, what is actually different? The approach towards the exam and your attitude towards it.
Having a healthy approach is the key to crack this paper. You should not aim to excel, rather try to attain scores better than others.
Can I get into IIM Indore IPM if my 12th percentage was not good, i.e. around 85%?
Minimum percentage required for an open category student is 60%. So considering your profile you have a high chance of getting into IIM Indore for IPM.
But the admission criteria of IPM Indore involves a composite score and a small part of it is 12th marks. The 2 parameters that are considered are
Aptitude Test Score- 65% weightage
Personal Assessment- 36% weightage
Your 12 marks come under the PA or Personal Assessment. But the weighting is very less. Maximum weightage is given to the interview that is conducted after shortlisting.
So you can easily compensate for your low 12th marks with higher marks in Aptitude Test and Personal Interview.
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