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I have converted calls from NMIMS, Mumbai and SIBM, Pune. Which one should I choose given that I have an inclination towards finance specialization?
NMIMS is well known for its Finance specialization. Many might consider its huge Finance intake or the entire batch size, in general, a drawback. But if we compare the placement reports of SIBM Pune and NMIMS Mumbai, the latter is visited by most of the top Finance companies. Most companies in the Finance sector prefer NMIMS over other B Schools and students who are Finance enthusiasts too prefer NMIMS over other B Schools. The main reasons pertaining to this preference are
- Better placements than SIBM Pune
- More number of companies visiting the campus than SIBM Pune
- Its location in the Finance capital gives it a lot of advantage over SIBM Pune
- More corporate exposure owing to its location than SIBM Pune
Finance companies give more preferences to your knowledge and inclination towards the domain rather than your work experience. The only drawback of NMIMS is its high fees and lack of campus life. But the Finance roles offered are good enough to overshadow this flaw.
Should I join Ibs Hyderabad by taking a loan of 15lacs, is it really worth it?
Whether taking a loan is a wise decision or not depends on an individual's situation. For instance, you take a loan and even get a package that is enough to repay the loan but you are placed at a remote location. Then the additional expenses become a hindrance. So one cannot say with certainty if it’s worth taking a loan or not as it’s a subjective issue.
Another thing that often strikes me is that if you get an admission after taking a huge loan you are under a certain pressure to land a high-paying job. Your entire energy and efforts are focused on getting placed at a good firm rather than acquiring the essential knowledge that will improve your profile and help you in the long run. Throughout the two years, your agenda is not to learn management skills and concepts but to score better so as to get placed. With placement being the only goal, you often fail to make the best use of the available opportunities.
Once the placement season starts your desperation is at its peak. In case you don’t get placed in the initial month your mental and physical health is affected. So the pressures stemming from a single loan is long-lasting and can devalue the experience of your MBA.
So either you need to learn to survive under extreme pressure or not join IBS Hyderabad after taking a loan.
IIM Kozhikode converted, should I forego the offer and give C (A/B no shot due to lower graduation score) another shot?
The answer depends on your percentage and work experience.
My personal suggestion would be to forego the offer and give IIM C another chance. This answer is based on personal experience so might not be applicable to everyone. Only forego the offer if:
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You are confident that you can score around 99% again the next year
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You add more work experience in the meantime
The key is that if you are foregoing the offer, use the entire year to acquire new skills, gain work experience and upgrade your CV. The decision will be your own. But make sure you accept the results next year without any regrets.
I am doing an MBA from Nirma University. Now I got a call from IIM Amritsar. Should I go there?
IIM Amritsar is a newly established IIM and is not yet in the league of the IIM family. Despite that, its placement statistics are better than at Nirma University. IIM Amritsar is the 15th Indian Institute of Management being set up by the Ministry of Human Resources Development with the support of the Government of Punjab. IIM Amritsar has a small batch size in comparison to Nirma University. The programs offered at both the B Schools are different.
Which college should I choose between IIT Roorkee and IIM Sirmaur for MBA?
I don’t even need to ponder over this question for a long time. The answer is very simple. You should choose IIT Roorkee over IIM Sirmaur for MBA. The reason being its new establishment. People don’t care if you are an IIM student unless you belong to the older ones. The new IIMs are yet to make a mark in the industry especially the likes of IIM Jammu and Sirmaur.
IIT Roorkee on the other hand is very good at placements and peer learning. Given the current situation of both institutes, IIT Roorkee is definitely the better option. The IIM tag offered by Sirmaur lacks credibility and even if it will be beneficial, it will be after some years and not right away.
What do they do in counselling for an M.Tech at IIT Roorkee?
A glimpse into the general procedure followed in counseling for an MTech at IIT Roorkee has been given below
- A list of applicants is prepared for students applying for that branch which is based on GATE score/ GATE rank (category-wise).
- The total seats are distributed category-wise for each branch and their specialization.
- The branch is allotted based on your IIT Roorkee rankings.
- One by one, candidates will be summoned for seat allotment based on their category-wise ranks
- These students are then required to get their documents verified. Once everything has been checked, the seat will be allotted.
- Candidates are also summoned to fill out the waiting list form with the assigned Demand Draft
- In case the said seat is vacant, it will be allotted to the student based on their waiting list rank else your money is refunded.
Counseling of branches is usually done randomly and the schedule of Counseling of Branch is released.
Should I join IIM Shillong or IIFT Kolkata?
Both colleges are worth considering for a good career. Since its establishment in 2006, IIFT Kolkata has been climbing the ladder to success. The excellent performance in corporate competitions is a testimony to that. IIM Shillong is among the fastest-growing new IIMs and its alums are making a name in the industry.
We usually judge a college's worth based on factors like Alumni network, teaching pedagogy, corporate competition wins, etc. Yet, here I am going to simply make a domain-wise comparison. This is because when choosing a college focus should not be on the college but on your own interests. Identifying the domain you want to enter is necessary only then you can choose a college that excels in that respective domain.
- Marketing: Many Marketing firms visit only IIFT and not IIM Shillong giving it an advantage in this aspect.
- Finance: Finance is better at IIFT as the hotshots like Goldman Sachs only visit IIFT.
- Operations: Both the B Schools excel in this domain.
- Trade: Without any doubt, IIFT is the hub of Trade.
- Consulting: Consulting is better at IIFT because top firms like GEP, and CEB visit its campus only.
- IT: Both the B Schools are visited by top firms like Google.
What should I choose between an MBA from IIM Amritsar and central excise inspector or other inspector jobs from SSC CGL?
Looking at the 2 options provided by you, I can say IIM Amritsar is definitely a better choice. I have seen many people regret going for CGL.
Excise Inspector is the worst post of CGL and many of them retire as superintendents themselves. The transfer is banned in CBIC so no matter which remote area you have been posted to, you have to stay there for 15-20 years until you become Assistant Commissioner which is rare.
You can change your life in two ways
- Crack UPSC
- Or leave the post and prepare for CAT
You can become a CEO through the second option. I have many acquaintances who left the CGL and went for CAT and today are entrepreneurs or CEOs. Surely the job at CGL provides security but the job itself is not worth it.
Can I crack CAT while studying in IIM Raipur?
The one-liner answer to your question is - Yes you can crack CAT while studying full-time at IIM Raipur but you should not. This is because it entirely depends on your motivation and dedication. Without that, you won’t be able to prepare for CAT well and even end up affecting your PGP score.
I know a person who was able to ace this. He prepared for CAT relentlessly alongside pursuing PGP. He worked day and night, sacrificed his sleep, and was able to get into IIM Kozhikode. But what you need to understand from this is that it was a very uncommon and rare situation. Other students of the same batch tried the same but one was able to crack CAT.
It all comes down to how serious you are about joining a better IIM. If you are confident enough to ace the CAT and not let its preparation affect your PGP scores, then we’ll do well. Go for it!
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.
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