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How is the placement scenario at IIM Raipur? Is it as good as shown in their placement report or is it inflated? And what are your reviews on IIM Raipur?
IIM Raipur placements have been pretty good over the last few years. Here are the recent placement highlights for the institute.
| Parameters | Statistics (2019-2021 | Statistics (2020-2022) |
| Average CTC | INR 15.11 LPA | INR 17.73 LPA |
| Median CTC | INR 14.8 LPA | INR 16.95 LPA |
| Highest CTC | INR 30 LPA | INR 42.15 LPA |
| No. Companies participated | 140+ | 113 |
Tata Steel, HDFC Bank, IBM, Accenture, IBM, Airtel, etc. are among the top recruiters that took part in the placement drive.
IIM Raipur doesn’t inflate the placement report. Overall, it is a decent B-school and offers excellent academics.
Which one should I choose: IIM Rohtak or IIM Raipur?
All the new IIMs are currently in a similar position with one giving an edge to another in some or the other way. So you can join any. But if I was to choose one of the two i.eIIM Rohtak and IIM Raipur, I would have chosen IIM Rohtak. Some points that favor my choice are
- The major reason why many choose Rohtak is because of the locational advantage it offers. Owing to regional industry coordination and NCR location it's better than other new IIMs
- Among the new IIMs, it is the oldest. So the batch size is bigger and so is the alumni network.
- Almost all the new IIMs function from a temporary campus and don’t have their own new campus. Meanwhile, IIM Rohtak is functioning from the MDU campus which is better than most campuses and has world-class facilities.
- The institute specializes in Marketing and is a good choice for Marketing enthusiasts. Many good firms offer marketing roles.
Most of the people who are in a dilemma of choosing between these two IIMs already have offers from these. If you ask the alumni of both institutes which one is better, in 99% of cases they will claim that their institute is better. So it’s better to do individual research and make a choice based on your own inclinations and prospects.
How good is IIM Raipur?
When it comes to educational quality, it is important to note that professors' quality may be unsatisfactory due to politics and a high turnover rate. Furthermore, student evaluations at the end of a course are not taken into account by the school. Cheating is also common in quizzes, making whether you study or not irrelevant and allowing lower-performing students to score higher grades.
In terms of living conditions, the hostels provide separate rooms with attached bathrooms, but the college is located quite far from the city. The nearest sector is five kilometers away, and transportation costs can be prohibitively expensive. The food at the mess is of poor quality, and there are no other dining options. Furthermore, students are not permitted to keep electric kettles in their rooms, and fines for breaking this rule can be severe.
IIM Raipur has a strong record of placement, with 100% of students placed. In the 2022 placement drive, the highest CTC offered was INR 42.15 LPA, with an average CTC of INR 17.73 LPA and a median CTC of INR 16.95 LPA. The institute has also had a successful summer internship program, with the highest stipend being INR 3.5 Lakhs and an average stipend of INR 1.20 Lakhs. In the Times Annual B School Ranking Survey 2021, IIM Raipur was ranked second in India.
I have converts from IIM Trichy, Rohtak, Udaipur and Raipur. Which one is the best for a finance guy?
IIM Trichy and IIM Rohtak are superior to Udaipur and Raipur.
Because of their location, the former two IIMs have an advantage over the latter two. One is close to a prestigious engineering college, while the other is a short distance from the capital.
In the 2020 National Institutional Ranking Framework (NIRF) management school ranking, IIM Trichy was ranked 15th. Goldman Sachs offers INR 21-23 LPA; JP Morgan offers INR 21 LPA; Axis Bank offers INR 18-20 LPA, and ICICI Bank offers INR 20-22 LPA.
IIM Rohtak is also a good option for a Finance MBA. It has a favorable environment for Finance specialization. The institute has a strong faculty. The student population is competitive. You will be in classes with gifted students. The peer group is also quite diverse. There are people from various academic and cultural backgrounds present.
I have done my master's from IIM Raipur. How can I apply for jobs in other countries, maybe New Zealand/Canada?
When it comes to obtaining work visas in different countries, it is important to understand that most countries do not provide direct entry to international students. This is because it is a source of income for the country, so they require international students to complete their education and then apply for a work visa. However, some countries, such as those with a skill gap in their industries, are inviting high-skill migrants with more than 3 years of work experience to fill that gap.
When it comes to New Zealand, it does not provide any kind of work visa, you must have to take a course and then apply for the work visa. It is an important aspect to keep in mind while planning to work in New Zealand.
Canada, on the other hand, is providing express entry to skilled migrants if they want to settle in Canada. This is a great opportunity for those who have the skills and qualifications that Canada is looking for. If you are interested in working in Canada, it is a good idea to research the express entry program and see if you qualify.
How can I get transcripts from IIM Raipur?
When it comes to obtaining transcripts for a Canada PR application, there are two main options available. One option is to travel to the university where you completed your education, in this case, IIM Raipur, from Delhi, apply for the transcripts, and wait for the university to respond before making another trip to collect them. The other option is to use an online service provider.
There are several students who chose to use the services of Click Transcripts Company to avoid multiple trips to the university and missing work. The Click Transcripts Team followed the requirements of World Education Services (WES) and was able to provide the speaker with the necessary transcripts. They are in fact glad that they found Click Transcripts Company, as the team helped in every manner to get the WES evaluation done. They were very responsive, providing updates on the application via email.
What is going to be a better option among the following B schools - VGSOM, new IIMs (Ranchi, Trichy, Raipur), or NMIMS?
When it comes to choosing a business school, the competition is fierce and the options can be overwhelming. Three institutes that are considered to be among the top in the country are the Vinod Gupta School of Management (VGSOM) at IIT Kharagpur, the Indian Institute of Management (IIM) Ranchi, and the Narsee Monjee Institute of Management Studies (NMIMS).
If you are interested in an operations profile, then VGSOM is a great choice. It is considered to be one of the best institutes in the country for operations specialization, after NITIE. Additionally, the return on investment (ROI) is high. IIM Ranchi, on the other hand, may have a lower average package compared to the other two institutes, but it has the prestige of the IIM tag and a decent profile. The hostels are also fabulous, with single rooms available for students.
NMIMS is considered to be more costly and the batch strength is over 500 students. The top 150-200 students get superb packages and roles that are at par with other top B-schools, however, the next lot of students may have a lot of start-ups, etc. If you want to play safe, VGSOM or IIM Ranchi might be the best option.
However, if you are willing to take a risk, NMIMS might be a good choice as the profiles there are really good. It's ultimately up to you to decide which institute aligns best with your career goals and objectives. Rest assured, whichever institute you choose, you will be choosing a great institution as all three are among the top institutes in the country.
What would you suggest for someone is interested in finance, SIBM, Pune, or IIM, Raipur?
If you are considering an MBA program in Finance, SIBM Pune is a highly reputable institute that is definitely worth considering and is better than IIM, Raipur. The alumni base of the institute is a huge advantage and over the years, the institute has spread its branches across various industries around the world. As the flagship MBA institute of Symbiosis International University, SIBM Pune is ranked among the best colleges in the country to pursue an MBA program. With 44 years of experience, SIBM Pune has gained immense trust in the industry and has a history of achieving 100% placements.
The faculty members at SIBM Pune for finance are renowned names in their own fields and the institute boasts of world-class infrastructure, which makes it the perfect place to shape the leaders of the future. The institute also provides career counseling to students at every step of the admission process. The guidance provided by the experts is backed by information that helps deliver the desired outcome. The experts also help with choice filling and support merit with the right information. If you want to process your application for the top B-school in India, reach out to the institute immediately.
Is Talentedge a good way to take up certificate courses equivalent to an executive MBA from IIM Raipur and XLRI?
The Talentedge platform, created by some of the finest institutions in the country, is an excellent resource for gaining knowledge in the real world through online courses for working executives. To the best of my knowledge, there are both short-term and long-term courses meticulously designed for the executive level in various domains of business acumen.
However, from my observations, most of the programs are from interdisciplinary domains and focus on current business evolutions in order to keep up with the rapidly changing world.
If you are interested in pursuing online certification courses in management and business domains, it would be highly recommended to consider two important platforms: Edx, particularly IIMBx which offers a very synergistic, creative, and practical approach to real-world insights, and SIBM Pune Online Courses. Both of these platforms have a reputation for providing high-quality education and are well-suited for working professionals looking to advance their careers.
What is the admission process for IIM Raipur?
In order to secure admission into IIM Raipur, it is crucial for you to perform exceptionally well on the CAT exam and achieve a percentile of 97 or higher. While the CAT 2021 CAP Cutoff was 92 percentile, a score higher than that is recommended to increase your chances of being shortlisted. After successfully passing the CAT exam, you will be required to clear the WAT (Written Admission Test) and PI (Personal Interview) rounds of the Common Admission Process (CAP).
IIM Raipur will then release its own shortlist of candidates based on their CAP round scores, profiles, and percentiles. It is important to note that the percentile requirement may vary depending on factors such as gender and academic stream. The 97 percentile is only a rough estimate and it may fluctuate based on these factors.
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