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What is the value of a Ph.D. degree from IIT Bombay?
If you want to achieve self-satisfaction by gaining maximum knowledge about your research area, a Ph.D. could be a great way to do so. Consider coming to IIT Bombay if you are always enthusiastic about learning something new and doing something innovative. Your work will depend on your area and how far you can reach in the industry. For example, if your area is controlled, you can reach many consulting firms or industries that deal with automation problems. In fact, my lab deals with many industrial problems related to such issues. Your work will be recognized as an asset for IITB, and research is the foremost thing that every professor looks forward to.
Apart from that, you can enjoy a good life as a Ph.D. student here, with the freedom to think in many directions and develop your research skills at your own pace. A Ph.D. degree from IIT Bombay is well-recognized. Many of the students, who are doing their Ph. D.s here in controls, are well settled abroad or in India, which proves the worth of this degree.
How is life while doing M.Tech at IIT?
The following answer is based on a day in the life of an Engineering student at IIT Bombay’, an extract written by my friend to share her experience on the same.
- You wake up at 9:15 to realize that breakfast will be over in 15 minutes so you rush to the washroom and get ready for breakfast.
- Once you reach the mess, you get to eat the very decent breakfast offered till 10 am. Once you are done with breakfast, you go to the lab.
- At around 10:15 you reach the lab and gossip with your friends for a few minutes.
- After wasting an hour, you start working and by 12:15 you realize you need a coffee break.
- By 1 pm you have had coffee with snacks and decide to skip lunch.
- You keep working in the lab till 6: 30 and decide to return to the hostel.
- You hail a Tum-Tum, which is a bus service within the campus of IIT Bombay.
- You do leisure activities during the evening and then go to Gulmohar for dinner
- At night you call up to check with your parents
- After this, you chat with your friends or watch your favorite series.
- After this, you fall asleep late at night to restart the same schedule the next day.
Life at IIT Bombay is not as hectic as people describe it to be and you get to spend a lot of time doing your favorite things and hanging out with friends.
Which is preferred: IITB, SJMSOM, or newer IIMs like Trichy, Ranchi, etc.?
If you are considering attending a top 20 college in India and are looking for a competitive atmosphere, good infrastructure, a strong alumni network, and high salaries upon graduation, then IITB SJMSOM may be the better choice. However, it's worth noting that some of the courses offered at newer IIMs, such as IIM Trichy or IIM Ranchi's HR program, have gained a lot of recognition in recent years. While these institutes may not yet have the same level of prestige or alumni network as IITB, they should not be underestimated.
It's important to remember that salary outcomes are largely dependent on individual performance in business school. Even if you attend a younger IIM, you may still be offered a lower salary than a top-performing student at IITB if your results are not as strong. Ultimately, the best choice for you will depend on your personal priorities and the specific programs and resources offered at each institution.
Is it worthwhile to pursue an MBA from IIT Bombay, IIM Trichy or IIM Ranchi?
My brother was in a similar dilemma as he wondered if spending high fees and 2 years of his life at a new IIM was even worth it. But eventually, he joined it and today he is glad he took the decision. Some major reasons for his satisfaction are
- The amazing exposure he could experience through Corporate Competitions, Live Projects, and Guest Lectures.
- Interacting with industry experts and top-notch visiting faculties from throughout the country.
- The innumerable student activities like Management fest, AGON & Sports and Cultural fest, and RUSH made it possible for the students to promote their talents at the National level.
- Some of the best Clubs and Committees that improve your organizational as well as extracurricular skills.
So yes, joining IIM Ranchi for an MBA is worth every rupee and every second you spend.
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 IIT Bombay a better choice for an MBA than IIM Bangalore or IIM Ahmedabad, considering the overall experience and ROI they have to offer?
For an MBA, you should not even compare IIT Bombay and IIM Ahmedabad or Bangalore or Calcutta. The IIT Bombay is a prestigious engineering school. For management, IIM Ahmedabad, Bangalore, and Calcutta are the same. Both are in a completely different league.
Considering only ROI makes no sense from the perspective of an MBA because an MBA is more than just an investment in yourself. These IIMs have much better professors, a world-class curriculum, peer groups, alumni, placements, student exchange opportunities, and so on.
So, if you get through them, please go for the IIMs. Financing your education will be simple because once you graduate from one of these IIMs, banks will be eager to extend loans, sometimes even without a guarantee. And if you do well, you will be able to find a good job and pay off your loan in a few years.
How much package can I expect if I am a 9 pointer in IITB CSE and afterwards go to IIM Ahmedabad?
Honestly, if you are a 9-pointer in IITB CSE then instead of going to IIM Ahmedabad you should try to look for abroad job prospects. They will pay you much more than you will be getting at IIT Ahmedabad.
All you need to do is improve your skills by doing good projects and internships. After this, you will secure packages worth 2 Crores in companies like Microsoft and Google. You can also apply for a Quantitative Researcher in top-notch companies like Optiver, Graviton, and Jane Street.
What can be the salary at McKinsey for those with IIT Bombay & IIM Ahmedabad qualification & about 10 yrs into management consulting?
This answer is based on the assumption that you joined McKinsey right after leaving IIM Ahmedabad and have been working constantly ever since.
In that case your tenure, your current salary should be around 2 crores. This includes the fixed, bonus and dividend.
Which is better for pursuing a B.Des - the IIT in Bombay or NIFT?
For Fashion Design or Apparel Design, NIFT is the best institute in the country. If you aspire to become a designer or stylist, then choose NIFT. It offers many design specializations such as Fashion, Accessories, Textile, Leather, Knitwear, etc.
For Visual Communication and Product Design, IIT Bombay will be better. IITB basically offers Graphic Design, but it has more importance due to the IIT tag.
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