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What are the packages after doing an executive MBA from IIM Calcutta in India and abroad as well?
IIM (Indian Institute of Management) is one of the country's top business schools. To graduate from the IIMs is a goal shared by many students. IIM offers Executive MBA Programs in addition to its well-known Post Graduate Diploma in Management Program. Professionals with a minimum of five years of work experience are typically eligible for these executive MBA programs. Apart from the Executive MBA Program, there are many specialized Executive Programs available today, such as Digital Vidya's Executive Program in Digital Marketing in collaboration with Deakin University. Freshmen, consultants, marketing specialists, and people switching careers can all apply for this program. Nowadays, people are more interested in Digital Marketing specialized programs rather than generic MBA programs.
With a top salary of INR 89.25 lakh and an average salary of INR 23.67 lakh, it projected a positive placement season for its eleventh batch. A batch of 68 students received a total of 61 offers, 61 candidates accepted the offers, 5 students returned to their previous employers, and 2 students opted out of the placement program. IT services firms led the charge with 29 offers, followed by consulting firms with 8 and e-commerce firms with 6. Consulting, banking/finance, manufacturing, and real estate were some of the other industries with a lot of hiring going on. There were 78 companies in total that participated in the campus placement process, and major employers included Accenture, Amazon, PwC, Virtusa Polaris, EClerx, Flipkart, and Cognizant.
The best part is that by the end of the program, you will have three months of the internship experience. Consequently, there were 7 months of learning and 3 months of implementation. The curriculum offers a good balance of academic knowledge and real-world application.
How can I ask Accenture to sponsor my entire fees in IIM Calcutta?
For a person to be sponsored for their education, they must be on Accenture's payroll.
No full-time IIM courses will be sponsored by Accenture. Part-time courses are included in the EXCEL programs and are supported by the NIIT Imperia infrastructure. Check with your specific HR PoC or People Advisor or try searching for emails from the Excel team.
You must apply for the IIM-C courses approved by Excel Academy and then notify them of your application. You will be given permission to enroll in the course and then pay the associated fees following scrutiny (to make sure you have the necessary number of years of experience, the required percentage of graduation marks, etc.).
Either you will receive a reimbursement or ACN will pay the fees on your behalf (depending on various factors). After completing the MGMT program, you must sign an agreement with ACN to continue your service with the organization for a specified period of time.
How is the MStat at ISI compared to an MBA at IIM Ahmedabad, IIM Bangalore, or IIM Calcutta in terms of job and higher education perspectives?
In terms of job opportunities, IIM is far superior.
IIM A, B, and C would have an average placement of around 22 LPA, whereas ISI would have 16-17 LPA. However, you must keep in mind that you would pay at least INR 20 lac for your IIM degree while receiving a 65k stipend and contingency grant from ISI for free.
You might start out as a data scientist, financial analyst, or consultant if you join ISI, and you would advance along that career vertical. IIM exposes you to a much broader range of roles such as FMCG, general management, and so on.
In terms of higher education, 40-50% of ISI batches pursue Ph.D. programs in the US/abroad, while nearly 100% of IIM batches pursue jobs. Going straight to a Ph.D. after IIM is difficult due to the large educational loan (assuming you take one). However, many of them pursue Ph.D. degrees at various business schools around the world.
However, these institutes (ISI and IIM) are incomparable because one teaches statistics, and the other management. These are two very different topics. So it all comes down to what you want to do with your life.
Is the EPBA program offered by IIM Calcutta considered as a master s diploma or simply a certification?
The EPBA program offered by IIM Calcutta is just a certification, but not the kind where you pay money to get a paper from an arbitrary organization. It requires a minimum of two years of experience, and he or she should be employed at the time of admission. IIM C will conduct the screening and selection. You should have a standardized test score, such as the GMAT, GRE, or CAT, that is above the 90th percentile. However, this is not required; it simply adds to your profile.
The program discusses the methodologies and practices that are crucial for data analytics and their applicability in a number of functional areas, including marketing, finance, and operations. It is intended for those who require a managerial introduction to this discipline.
Business analytics is concerned with quantitative analysis and predictive modeling in order to develop data-driven competitive strategies. Examples of analytics in action include businesses that use tools to find their most profitable clients, set the right price, hasten product innovation, improve supply chains, and pinpoint the real causes of financial performance, among other things.
Some fundamental Principles are as follows:
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Certification from the country's top business school.
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Studying with India's top professors and business professionals.
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Boston University provided special contributions.
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Course Content that has been thoroughly researched and is up to date.
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A strict program structure with assessments for each course.
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Simulations and case studies.
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Earn while gaining a high-quality certification and improving your eligibility for better job profiles with a recognized certification.
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The alumni membership of IIMC is present globally, and has its own set of benefits for participants' identity, brand value, and marketability.
Why is IIM Bangalore not rated as highly as IIM Calcutta? Why doesn't it have any notable alumni like IIM Ahmedabad and Calcutta? Is it worth the money?
There is no point in comparing IIM Ahmedabad, Bangalore, or Calcutta because each is unique in its own right. Instead, choose one specific parameter to compare each IIM against because each is strong in that area.
There are students with a CA AIR 16, CFA Level 3, students who worked in Dubai for 5 years and at Goldman Sachs for 3 years, and all of them are extremely well-read. It appears to be worth the money.
IIM Bangalore has completed 100% of its MBA summer placements for the class of 2022-24. During the IIM Bangalore summer placements 2022-24, 529 students were interviewed and 539 offers were made.
During the IIM Bangalore MBA (PGP and PGP Business Analytics) placements in 2022, a total of 137 companies visited the campus and 662 offers were made. Furthermore, the average package offered by IIM Bangalore during MBA placements in 2022 was INR 33.82 LPA.
Is IIM Calcutta better than IIM A for Finance majors?
It is, indeed. By far.
Whether you want a tech role, a front-end IB role, a PE/VC role, trading, algo trading, a hedge fund or quant role, a risk manager or a financial regulator role, or even a research career in finance, IIM C is by far India's best offering. It has a cutting-edge Finance Research and Trading Laboratory, multiple terminals throughout the campus and the laboratory, the largest annual research output by PhDs in India, and much more.
In terms of both absolute placement rates and batch percentage, IIM C has the highest placement rates in India's finance industry.
Are the IIMs at Ahmedabad Bangalore and Calcutta equally good, especially regarding placements?
All three are fantastic brands, but that's it. After the first two terms, there isn't much to learn at any of these colleges. If you come from a CA/Commerce background, you won't need to learn much about these two terms. Case study-based instruction is overrated and out of date.
Because the cultures on the campuses differ slightly, it is best to consider where you will fit in the best.
While the set of recruiters is very similar, your ability to get shortlisted is heavily dependent on your relative profile, i.e., your performance in comparison to other students in your batch. It is more important to consider how good your profile is in comparison to the recruiters who come to the college.
IIMB has a much higher average work experience, and IIMC will have more people with extremely high CAT scores but a slightly lower academic performance history. For example, if you don't have stellar academics and aren't from one of the top undergraduate institutions, IIMC is a better option for placement. If you want to work in finance but don't have much experience, IIMA is probably not the best option for you.
A and B have much more professional placement cells, but C has made changes in recent years to move in this direction as well. However, having a professional placement cell does not guarantee a completely fair process, because, in many companies, PPO holders play a significant role in Summer placement shortlists. However, when compared to other colleges, the situation in these three is far superior.
IIM A is a slightly better brand than IIM B and IIM C, but the difference is not significant. You should talk to people at all of these colleges about placement. While much placement-related data is kept confidential, students can still give you an idea of your chances in the field of your choice.
Rather than following the age-old ABC pattern, make an informed decision.
Does a CFA degree help in summer and final placements at IIM Ahmedabad/Calcutta for top banking firms?
Yes, the CFA degree will very likely fetch you a decent package at IIM Ahmedabad or Calcutta. This is because companies prefer their interns and analysts to be well versed in subjects from finance and economics. CFA charter is an easy way to ensure that eligibility requirement.
Some organisations conduct prior interactions with the would-be interns before the actual interview. Here, junior executives interact with the future interns and offer pre placement offers.
So this degree will help you get the interview call but the rest depends on your performance in the interview. CFA degree is definitely a game-changer.
After IIM Calcutta was started next IIM should have been started in Bombay which is Commercial capital of India but why it has been started in Ahmedabad?
The first two IIMs were supposed to be in Mumbai and Calcutta. While the land and approvals for Calcutta came relatively easily, the then-Mumbai state government refused to allot land for an IIM in Mumbai and acted rather casually.
Meanwhile, Vikram Sarabhai, the driving force behind the IIMs concept, was eager to get the IIMs up and running as soon as possible. He was well known for his extensive business and political connections, but his entire industrial and research infrastructure was in Ahmedabad (in the then-newly created state of Gujarat).
Vikram Sarabhai was so eager to get the IIM started in western India (one in the east and one in the west was the initial logic, which was followed by one in the south and one in the north as well) that he pulled all the strings for an IIM in Ahmedabad. For the first few years, IIMA was based in Vikram Sarabhai's personal bungalow in Ahmedabad's Shahi Baug area.
He was also the driving force behind the recruitment of other IIMA legends, including Louis Kahn for the architectural plan, Kastoorbhai Lalbhai of Arvind Mills for the donation of all land for the campus, and the mesmerizing Ravi J. Matthai, the institute's first full-time director.
IIM Calcutta doesn't place much emphasis on past academics. Does this work in favour or against students during placements?
We need to clear the misconception that IIM Calcutta does not lay emphasis on your past academics. It very much does. You need a decent 85+ in 10 and 12 to get into IIM Calcutta.
Coming to graduation, its scores are also taken into consideration. I have seen instances where the candidate had 85+ in 10 and 12 and CAT score as high as 99.5. But he failed to get into IIM Calcutta because of a low graduation score around 60 although he was a non-engineer.
So it’s just a conception that IIM Calcutta does not place emphasis on past academics.
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