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Is it worth doing an E MBA from IIM Bangalore? I work as SSE. I make around 50 lakhs per annum, age 32 and I have a B Com.
If you measure the worth of a degree by its salary, you will never be satisfied, and I recommend that you do not pursue an MBA. Money is only one of many factors to consider before beginning an MBA program. The salary you have is something that most people do not get even after an MBA/Executive MBA; average salary packages range between Rs. 22 and Rs. 25 lakhs. You are already earning twice as much.
If you want to advance your knowledge of business/strategy/finance/organizational behavior and advance to a higher position where you can have a significant impact, an MBA is unquestionably a good option. However, there is no guarantee that you will earn more than 50 lakhs after completing your EMBA. Go for it if you want to learn and are willing to take a pay cut after your MBA. Don't do it if you're only in it for the money. You could invest in the stock market and watch your money double over time. MBA does not magically transform 50 lakhs into 1 crore.
Will IIM Bangalore still survive if Bangalore ceases to be a liveable city as suggested by numerous reports? Should I prefer IIM Kozhikode over it, as the future of Bangalore looks bleak?
Don’t choose the institute based on the city. As you will barely get to go out of the campus because of the academic loads in both the colleges.
IIM Bangalore offers the best student exchange programs. This college has helped a lot of students in building their careers. Most of the alumni of IIM Bangalore are settled abroad. So, it is definitely a good option for your studies. Also, it will take over 10 years for Bangalore to be completely unlivable. So, you don’t need to worry about that for the duration of your course.
However, if you want a pollution-free campus then IIM Kozhikode will be a better choice for you. The hostel rooms of this college are very good along with food. You will find a lot of learning opportunities over there.
Choose according to your convenience and don’t take City as a major parameter for your decision.
How is life at SPJIMR compared to the old IIMs?
When compared to the top IIMs, SPJIMR is a rather moderately good B School. Yet the placements and roles offered by the B School are at par with that of IIMs. The major USP of the B School is its profile-based evaluation. This means a certain candidate can make it into SPJIMR even if he was unable to get a high CAT or XAT score of 98-99 percentile provided that his profile is excellent. With the required skills, qualities, and a decent academic record you could get admission and meet not necessarily get a very high CAT score. This gives a wider spectrum for students to showcase their skills other than academics. There are some more key points where SPJIMR fares rather well when compared to IIMs or other B Schools.
Fees: The primary factor that distinguishes SPJIMR from the top B Schools is the moderate fees. SPJIMR PGDM fees for 2 years is ?20.42 Lakhs (Total Fees) while that of top IIMs is above 20 lakhs.
Placements: The entire placement drive is concluded quite fast and is at par with the top IIMs. SPJIMR Completes Final Placements 2023 with 46% Rise in Highest Salary at Rs. 77.8 LPA and 3% Rise in Average Salary at Rs. 33.02 LPA; Accenture, BCG, HUL, Godrej, ITC, KPMG, P&G being the major recruiters.
Batch size: This is an often underestimated aspect when in reality it affects both, placements and the quality of education. SPJIMR batch size is around 300 while that of most IIMs is 350-500. The low batch size results in better bonding between peers and close relations with the faculty.
Location: Located in the Finance capital of India, SPJIMR offers a plethora of advantages. Easy access to CXOs and practitioners gives the learning experience at SPJIMR a practical approach.
Curriculum: The curriculum is unique in the sense that it targets not just the student's IQ but also EQ and creates socially and emotionally aware managers. This unique course curriculum at SPJIMR offers three distinct levels of learning:
- Self-awareness
- Self-management
- Societal awareness
Pedagogy: Apart from the regular courses and teaching methodology employed at other premier B Schools, SPJIMR takes five key initiatives in the ‘Non-Classroom Learning’ area which include ADMAP, DOCC, Abhyudaya, PG Lab, and Science of Spirituality.
All these unique aspects make life at SPJIMR a very good experience compared to old IIMs.
Why are IIMs more popular than ISB Hyderabad among Indian households?
There are many major reasons why ISB Hyderabad is not as popular as IIMs among Indian households. Some of them include
- ISB Hyderabad is a private non-AICTE affiliated institute that functions under a totally different model.
- Owing to its hefty fees(around 30+ Lakhs), it's almost inaccessible to an average Indian.
- The batch size is huge becoming a major obstacle during placements
- The 1-year program fails to provide in-depth exposure and is just a source of Certificates and a brand tag.
- It does not provide International placements to the majority of students who do not belong to the elite class.
All these reasons are strong enough to persuade one against joining ISB Hyderabad and is thus not much popular among Indian households.
The reason why IIMs are popular in contrast to ISB Hyderabad are
- Provided jobs similar in nature to the ones provided by ISB Hyderabad at a much lower fees.
- The 2 year MBA program provides an in-depth exposure to the curriculum in contrast to the 1 year program at ISB Hyderabad
So all this makes IIMs much popular in India despite ISB Hyderabad global rankings.
How academically intense is the MBA at IIM Bangalore?
The first year is extremely challenging because you will be studying subjects that you have never studied before. Accounting would be required for an engineering graduate, and statistics would be required for a commerce graduate. This, along with other activities, constant submissions, and class tests, makes the first year academically demanding.
In the second year, students have the option of selecting their own subjects, so they can take courses that are less rigorous academically than others. There is an exchange term in the second year as well, and for students who choose to participate in an exchange program, this is the least academically demanding term of the entire program.
Do students prefer IIM-Kozhikode over IIM-Bangalore for post-MBA studies?
Both of the institutes, IIM Bangalore and IIM Kozhikode are reputed business schools in India, and both have their unique strengths and advantages. People want to get into both colleges. Therefore, it is difficult to say that students universally prefer one over the other for post-MBA studies.
IIM Bangalore is better renowned for research and academic excellence, while IIM Kozhikode is noted for its industry-oriented curriculum and practical approach to management education. Students also consider geography, teacher expertise, course offerings, and college culture.
IIM Bangalore or IIM Kozhikode for post-MBA study depends on personal preferences, ambitions, and career aspirations. You need to thoroughly research both schools before choosing.
I am a GEM fresher and have confirmed admission offers from IIM Ahmedabad and IIM Calcutta, but have been waitlisted by IIM Bangalore. Which offer should I accept and why?
It is quite apparent that if you haven’t met people who actually studied in either of these institutions. That’s why this answer is based on my graduation batchmates who successfully managed to secure a seat at IIM Ahmedabad.
Comparing the two IIM Calcutta and Ahmedabad, both the institutions have a big alumni network and claim to be at par. However, that doesn't mean that both are identical or similar because the internal factors matter a lot.
Here are some insights about these IIMs you must have a look at before deciding.
- Although both IIM Calcutta and Ahmedabad would have the same curriculum being IIMs, you will see slight modifications in the course structure for both.
- You will also notice a huge difference in batch profile which changes each year with the new admission.
- In terms of placements, you might find a few recruiters who don’t visit all three institutions, but luckily, most reputed and top-notch firms are likely to visit all of them.
- However, you can see a difference in the sectoral distribution of placements.
- But the right CV and preparation will help you land your dream job no matter which IIM you choose.
- As my friends complete their MBA at IIMA, their amazing learning experience and successful job profiles create an inclination towards IIM Ahmedabad.
- Although all three of them are some of the best B–schools in India.
However, in your case, if you want to wait for IIM Bangalore's waitlist to proceed, do check the past years’ records. Check if the waitlists of the past few years have created a huge difference for the waiting candidates. If not, go for any of IIM Calcutta or Ahmedabad without giving a second thought.
What is the job scenario after certification in Big Data analytics from IIM Bangalore?
The purpose of the Big Data Analytics course at IIM Bangalore is not to improve your job prospects or land you a higher package. Rather it aims at enhancing your ability to understand analytics better. The course not only provides knowledge of how to use the tools and work on dummy data but also challenges your thought process. So if you are into analytics this course is a boon for you.
Is 90 in 12th class (CBSE, PCM) considered good by IIM-Bangalore?
IIM Bangalore has made revisions to the shortlisting process for PGP 2024-2026. The weightage for different qualification stages to shortlist candidates for an interview has been revised. Accordingly, class 12th marks have been allotted a 15% weightage. Class 10th marks have been allotted a 15% weightage as well and the CAT scores have been allotted a 55% weightage.
Getting a 90+ in class 12th will improve your chances of getting a call from IIM Bangalore. However, 10th marks, CAT scores, and gender diversity have a weightage as well.
Gender diversity has been allotted a 5% weightage and work experience will benefit you immensely as it will carry a 10% weightage.
No weightage has been assigned for academic diversity.
Even for the final selection of the 2024-2026 batch, class 12th marks will carry 10% weightage.
IIM Bangalore will thus shortlist the candidates for an interview if they perform well in all the above criteria. Your 12th score is good but other qualifications will also be considered during the shortlisting process.
What salary can I expect after doing a PGPBA from IIM Bangalore?
Salary in any organization is determined by the position to which you are appointed and the company's pay structure. You have to put forth your best efforts in order to reap the benefits.
According to the placement report released by IIM Bangalore for the PGP and PGPBA batch of 2022, 662 offers were made to 524 students by 137 recruiters. There were a total of 273 Pre-placement offers made, with 181 PPOs accepted. The average salary was INR 33.82 LPA, while the median salary was INR 31.2 LPA. 137 recruiters participated in the placement drive. Accenture Strategy, Amazon, Microsoft, and many other companies were among the top recruiters.
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