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What are the pros and cons of taking deferred admission in IIM Ahmedabad for a fresher? How much does work experience matter in IIM placements?
In general, it is a good idea to gain work experience before doing an MBA due to the maturity that gives you. At IIM Ahmedabad, a lot of placement opportunities ask for at least 18 months of work experience depending on which field you are opting for. If you are a fresher, you are going to miss out on those opportunities.
So, having work experience is definitely an added advantage. It does not sound like a good decision if you are going for a Masters in Business Administration and have not been to any workspace personally. Peer learning is an integral part of management education. You will be able to contribute more to that only if you have valid word experience. So, it definitely makes sense to defer for a fresher or student with less than a year of work experience.
What is the study life of IITians at IIM Ahmedabad?
Your study life at IIM Ahmedabad or Infact any educational institute is influenced by two factors:
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Your past academic records
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Your current motivation and discipline
So as an IITian you have an upper hand in academic degree. Now the driving force is your motivation. There are cases where IIT pass outs fail to top and also where an IIT passout tops the class. So yes as an IITian you do have an advantage but it is limited. It’s your own self that defines the quality of your study life at IIM Ahmedabad.
Is the academic rigor at XLRI comparable to IIM-A?
I have a few friends at both XLRI and IIM A and based on the interaction I had with them, I will say that rigor is similar to a greater extent. It is more of a choice - you can choose to let loose or work hard. You can choose to study 3, 4, or 5 hours additionally to have a strong foundation over a topic or simply not.
Academic Rigor - Ranking (XLRI>IIM A):
If we judge these institutes based on the data collected by the Govt. of India, then XLRI coursework is more rigorous as compared to IIM A.
In ranking, Graduation Outcome (GO) is the determining factor of teaching and learning ability of the students, graduation average, success of securing good placements, going for higher education. It is measured based on various parameters such as placement average, Median CTC, percentage of students going for higher education, etc.
There’s a sub-parameter called GPH, i.e. combined matric for placements and higher studies under GO. It shows the academic rigor of an institute. According to the recent statistics, the scores are as follows.
- IIM A scores 38.46 out of 40
- XLRI scores 39.81 out of 40
However, rigor is dependent on an individual's decisions and perspectives hence it tends to vary significantly from student to student.
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.
Where do the bottom 10-20 percent scorers in a batch at IIM Ahmedabad generally end up in life?
The placement on campus is affected by your grades. Most finance and consulting firms are prohibited. So it comes down to startups, Tier 2 marketing, media, and other companies, or companies that hire for attitude.
Once you start working, you will be able to easily make up lost ground if you are willing to hustle and communicate well. As a result, there is no single general rule. Some people in the bottom 20% fare extremely poorly, while others are moderately well. In comparison to the top 20%, where the majority perform exceptionally well and a small minority perform exceptionally poorly.
Where do the bottom 10-20 percent scorers in a batch at IIM-Ahmedabad generally end up in life?
Your grades do impact the campus placement. Most of the finance and consultant companies will be out of bound if you do not maintain a certain CGPA. So, your choice is limited to the startups, media companies, tier 2 marketing, or companies that hire for character.
Once you start working, if you are willing to hustle and can communicate well, then you will be able to recover lost ground easily. And who knows, the startup that no one wanted to associate with might become the next big thing in the industry.
So, there is no generic rule here. As some of the students, who are in the bottom 20% do bad, some do average, and some make it big. In contrast to the top 20%, where most of the students do well, and a small minority of students do bad.
Overall, it depends upon you how you perform in the real world as some top students also do struggle whereas some of the bottom students shine.
Is IIM Ahmedabad really worth doing? If I somehow clear the entrance exams, then will I get satisfied with the placement/package that they will provide me?
When considering pursuing an MBA from top-ranked institutions like IIM Ahmedabad, it's important to keep in mind that not everyone who attends will be satisfied with the outcome. While a degree from a prestigious institution can provide financial rewards and recognition, it's important to consider personal goals and priorities before committing to a rigorous curriculum. Here are some key points to keep in mind:
- Personal goals: It's important to have a clear understanding of your goals before pursuing an MBA. For some, it may be about salary or credibility, while for others, it may be about personal growth or career advancement.
- Direction: Pursuing an MBA from a top-ranked institution can provide direction and guidance on your career path. However, it's important to note that the direction you take ultimately depends on you as an individual.
- Satisfaction: Not everyone who graduates from top-ranked institutions is satisfied with their careers. While they may have achieved financial success and credibility, they may still feel unfulfilled and dissatisfied with the daily grind of a stressful job and dirty politics.
- Individuality: Everyone has their own unique path in life, and it's important to recognize that what works for one person may not work for another. Some graduates may be content with a modest salary and a fulfilling career, while others may prioritize financial success over everything else.
- Work-life balance: Pursuing an MBA can be demanding and stressful, and it's important to find a healthy work-life balance to prevent burnout and health issues.
Pursuing an MBA from IIM Ahmedabad or any top-ranked institution can provide financial rewards and recognition, but it's important to consider personal goals, direction, satisfaction, individuality, and work-life balance before committing to a rigorous curriculum. Ultimately, the key to a fulfilling career is finding a balance between professional growth, personal aspirations, and overall well-being.
Is IIM Ahmedabad executive Programme worth 17 lacs any good?
The course fee for PGPX at IIM Allahabad is not 17 Lacs but 28 Lacs including taxes. I am assuming by worth you mean the ROI of the program. In that case, I would like to tell you that the average package for PGPX graduates is about 28 lakhs.
Apart from salary packages, there are other advantages of pursuing this course. The people who opt for PGPX Programme have at least an experience of 5 years and maximum 7-8 years. They join the PGPX program with a long-term objective of changing career tracks into mid- or senior-level management roles. So, the peer learning opportunities are great for this program.
PGPX-IIMA is considered among the top executive MBA programs not just in Asia, but across the world. So, it surely is worth it.
Do I have a chance of making it to IIM Ahmedabad if I scored 81% in 10th and 62 in 12th science?
To be very honest, considering your class 10th and 12th marks, your chances of making it into IIM Ahmedabad are very bleak especially if you are a general category student.
IIM Ahmedabad has certain criteria pertaining to class 10th and 12th marks. Under this, it’s necessary for the average of 10th and 12th to be greater than
- 80% in the Science stream
- 77% in the Commerce stream
- 75% in the Arts and Humanities stream
So, with your academic profile, even a 100 percentile in CAT will not fetch you a call from IIM Ahmedabad. However, you can go for top B Schools like FMS Delhi, SP Jain, MDI Gurugram, etc. that give more preference to CAT scores than par academic performance.
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.
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