Get Answers on Test Preparation, Admissions & Campus Life
Study Abroad Countries
Is it worth pursuing an MBA from IIM Trichy? I am a business consultant making 6LPA now, so worried about the financial results from Tier 2 IIM.
Joining an IIM solely to get placed at a high-paying job is not the right perspective. A working professional should pursue an MBA to enhance his skills and acquire extra knowledge. You should be looking for the following in an MBA
- The new skills you will acquire
- Understanding of the new tactics of Businesses
- Learning the art of discipline and other work ethics
- Bonding with people from diverse cultures and hierarchies.
- Conducting case studies and broadening your problem solving skills.
Only if you value these aspects can IIM Trichy benefit you in any way. But if you focus just on ROI, it’s high time you target IIM A B and C only.
I am interested in a quantitative finance-oriented Ph.D., so should I apply for an FPM in the Finance/Control area or Decision Sciences in IIM Bangalore?
Firstly IIM Bangalore does not offer FMP in Maths because it does not specialize in Maths. So if you are going for the quantitative field you need to choose an area of interest on your own.
In India Finance has more to do with economics rather than Maths. This is because of the lack of Maths in UG and PG schools. So the research work has a qualitative approach rather than a quantitative one. Here math is just used to express the research conducted and is not for actual research purposes. So based on this information, I have 3 suggestions for you
- If you are hell-bent on pursuing mathematical finance, do it outside India where the score is higher.
- Applying in both areas will widen your prospects. The only requirement is that you must do your area-specific courses.
- Don’t neglect other areas of finance that are very interesting and also quantitative. These include Corporate Finance or Banking.
Based on my suggestions and information you can make a wise decision that suits you the best.
What should I choose between SJMSOM and IIM Lucknow considering that there is a fee waiver for SC students at SJMSOM? My profile is engineering fresher from a non IIT/NIT college with 9/9/8 acads.
Personally, I will recommend you join IIM Lucknow . The reason being your outstanding profile. With such an amazing profile you have multiple chances of getting selected in the top firms in Consulting and Investment Banking areas. Many of these reputed companies do not visit the campus if SJMSOM at all. So you will be losing a lifetime of opportunities.
Also, at the end of the day, IIM Lucknow is a top 4 IIM and its brand name will influence you throughout your life. The fees are not a problem as the majority of the students take educational loans offered at low-interest rates. You can pay it back within 5-7 years with the high paying job you land post-MBA.
Why should I choose IIM Shillong over newer IIMs?
There isn’t any valid reason for choosing IIM Shillong over the newer IIMs. This is because their establishment time is pretty much the same and not much can be compared. Rather than comparing, I can list down some points as to why you should choose IIM Shillong
- Despite its location disadvantage, it offers pretty good placement opportunities.
- The faculty here is also top-notch
- The peer group is diverse and very talented
The alumni base however is very small obviously because it’s a new IIM. I don’t see why you should go for IIM Shillong and not any other second-generation IIM. But if you compare it to the baby IIMs that have been recently established, it’s definitely a better choice
Since nearly 75 percent of the IIM Ahmedabad graduates end up having unsuccessful careers, does it make more sense to give the GRE-TOEFL and go abroad for an MS?
Firstly your opinion regarding IIM Ahmedabad is false. IIM Ahmedabad is one of the best B Schools with its alumni working at big firms. Your claim that 75% of IIM Ahmedabad graduates end up having unsuccessful careers is wronged.
Maybe your definition of success is a bit retarded. Success does not necessarily mean becoming a CEO, CTO, or CFO. Success depends on how much your hard work and efforts are paying you back. IIM Ahmedabad excels in this aspect as the placements provided by this B School are top-notch.
It’s the massive impact caused by IIM Ahmedabad’s alumni that big firms keep visiting the campus again and again. They know the surety of the talent and offer big packages. Apart from these, MNCs worldwide are now hiring from this B School. The brand IIMA is recognized across the world.
Now if you are confused between MS and MBA I think you should analyze your own interests. If you are tech-savvy and prefer technological work over management then even choosing MS can make you successful.
For an MBA HR, should we choose IIM Ranchi (PGDMHRM) or SCMHRD?
To answer your question in better terms I will rate the colleges based on parameters such as placements, curriculum, and alumni base.
- TISS / XLRI - TISS has an advantage owing to its smaller batch and location in a metro (Mumbai). XLRI excels in the Alumni network and the variety of roles offered. In addition, the option of getting a Non-HR profile after an MBA has increased its ranking considerably.
- MDI Gurgaon - After this, MDI Gurgaon bags the position because of its location and strong alumni base.
- SCMHRD - It is a decent college but the quality of the crowd is substandard when compared to IIMs.
- Newer IIMs like Ranchi
- IMI & other colleges
After a B.Tech from an IIT, should one go for an MBA from IIT Bombay / Delhi or from newer IIMs like Kozhikode or Ranchi?
The answer to your question is objectively based solely on your inclinations. IITs might offer a better ROI than IIMs. But had I been in your place I would have gone for the newer IIMs like Kozhikode or IIM Ranchi which is one of the fastest-growing IIMs. The reasons for taking this decision would have been
- Better opportunities in finance, marketing, and consulting domains.
- Better placement opportunities
- Better industry exposure
- The prestige of being a part of the IIM alumni network
- The IIM tag
All these points make IIM a more tempting choice. Yet if you are tight on budget and just want to go for the Operations domain IIT will do fine for you.
Is it worth to do tourism and hospitality management course from IIM Sirmaur for the sake of IIM tag?
One very important aspect that people forget while choosing colleges is the leader under which the college performs. Without effective leadership, any new IIM will become a worthless B School. One such example is IIM Trichy. IIM Trichy prospered under the leadership of Director Sri Prafulla Agnihotri who made Trichy what it is today. He constructed it from scratch. Through his relentless efforts, he was able to attract top professors and build a sound faculty base. He managed to provide the best through the temporary campus itself.
The same person Director Sri Prafulla Agnihotri is now leading IIM Sirmaur so I can say with conviction that if not immediately, then gradually Sirmaur’s brand name will improve magnificently in the years to come. So surely it is worth joining IIM Sirmaur and do the Tourism and Hospitality course.
Which would be the best choice among IIFT Kolkata, IIM Trichy and other new IIMs for someone with strong interests to pursue a career in finance?
IIM Trichy is an ideal choice for pursuing a career in Finance. Many reputed banks visit the campus for recruitment like Citi, ICICI Bank, and YES Bank. This year the Finance sector accounted for 15%of the total placements. The highest CTC stood at INR 20 LPA whereas the average CTC stood at INR 17.67 LPA.
The IIFT program of Kolkata may have an upper hand due to its location but it’s not at par with IIM Trichy. If you are interested in the program I suggest you go for the New Delhi one.
The new IIMs are somewhat similar to Trichy but they won’t help you kickstart a career directly in finance. You might have to take baby steps to enter the Finance sector. So it’s best if you choose IIM Trichy only.
Is it worth for IIM Ranchi MBA graduate with 3 year of previous work-ex in IT to join mu sigma as apprentice leader trainee?
No, I certainly will not suggest that you go for MU Sigma as an apprentice leader trainee. There are many better options like joining a structured, organized company with a decent work ambiance. These aspects are missing in MU Sigma which has a weird business model. The business model is based on the concept ‘Throw them in water, they will learn to swim”. That is if they are made to face hardships they will end up learning the skill to survive. In reality, this has caused relentless suffering to the professionals, the managers, and most importantly the clients. Everybody is clueless and no proper targets are allotted. So I am completely against you joining MU Sigma.
SUBSCRIBE TO OUR NEWS LETTER
