The Fellow Programme in Management (FPM) of IIM Kozhikode is a full-time, residential program and is a financially supported doctoral program as was once initiated by the institute.
Here is a breakdown of various vital points,
Applicants holding an Executive PGDM from IIM Kozhikode, the applicants bearing a PGDM (full-time 2-year program) from any of the IIMs, despite their establishment, can be exempted from taking qualifying tests.
Candidates would be eligible based on their recommendations, their profile and their qualifying scores. Candidates would have to further go through a personal interview (and/or written exams) at IIM Kozhikode.
Whether to join IIM Kozhikode or not is definitely your call because the scenario once you join IIM K would be different.
I would like to share with you an experience of my friend, who attended IIM K.
So, I will advise you to consider all these factors and make a more convenient choice for yourself.
Before doing an MBA or an executive MBA from any institute, you should be clear of the purpose of doing this at this stage.
IIM Kozhikode is a good university with a good reputation. But if you are looking for quality education and some CV points, look for opportunities abroad. If your current salary is very low compared to IIM Kozhikode’s average salary, then only consider joining it, otherwise do not waste your time and money.
It shouldn't be a big deal. They are both in the same league. Working hard will get you a great job no matter which campus you attend. If you do not work hard, you will end up in an average job regardless of the campus you attend. So make a decision, stick to it, and put in the effort.
MDI Gurgaon has a long history of successful placements as compared to IIM Kozhikode. The final report of the 2022 placement drive was officially released by MDI Gurgaon recently. The average salary increased by 12.57%, according to the report. The average salary for the top 50% was INR 32.2 LPA. The highest salary offered was INR 1.14 CPA, which increased by approximately 159% over the previous year. The median annual salary was INR 23.50.
You should choose IIM Kozhikode. SJMSOM is a good B-School and maintained a decent record over the last few years. However, choosing IIM Kozhikode will offer you the brand value advantages of IIM and long-term returns.
IIM Kozhikode has a better faculty base for management. You will also get good opportunities to attend lectures by some of the famous visiting faculty.
IIM Kozhikode placements are pretty good as well. As per the 2022 placement highlights, the median CTC offered to the students is around INR 26.5 LPA.
If you want to pursue a career in operations, NITIE is superior to both IIM K and IIM Indore. Any other specialization is followed by IIM K, IIM I, and NITIE.
NITIE is the best college in India for operations management, but IIMs are unrivaled in terms of culture and rigor.
IIM K is superior to IIM I for two reasons:
IIM Indore has a large batch size.
IIM I has a lower level of diversity due to a lower number of work-ex people.
Definitely, both the B-Schools are great but IIMK should be your first choice. Unless we are discussing Operation then I would advise you to opt for SJMSOM.
You will have trouble with placements due to your average academics as most of your peers will have better academic records. You will always get opportunities to make your profile better. You can improve your profile by winning competitions, holding significant PORs, and getting an excellent grade in your MBA programme.
Even if you don’t get your desired placement, you can excel in the job and leverage your performance in the corporate world along with the IIM alumni network on your side. That way you will be able to fetch better opportunities a few years later.
Here are the recent placement highlights for the institutes.
Parameters | IIM Kozhikode | SJMSOM |
Average CTC | 22.5 LPA | 21 LPA |
Highest CTC | 46 LPA | 32 LPA |
Major recruiters | Asian Paints, Amazon, Brain & Co. | JCB, Infosys, Flipkart |
IIM Kozhikode definitely offers certain advantages which makes it a superior choice.
The reason why IIM Kozhikode is given more preference by candidates is due to the size of the batch. The Mumbai campus was started by IIM Indore and the placement process of both institutes is carried out at the same time. Both are among the top ten business schools in India.
The following data shows how the two institutions can go head to head:
Categories | IIM Kozhikode | IIM Indore |
Admission Criteria | CAT/GMAT | CAT/GMAT |
Seats Available | 375 | 450 |
Average CTC | 18 LPA | 19 LPA |
Highest CTC | 35 LPA | 34 LPA |
Top Recruiting Sector | Consulting | Finance |
Notable companies that are regular visitors of IIM Kozhikode and IIM Indore are American Express, ICICI Banks, Bosch, Amazon, Indigo, etc.
Both colleges have nearly identical fee structures. Top consulting firms such as Mckinsey, EY, and Frost & Sullivan hire from K but not SP Jain. BCG, Accenture Strategy, PWC, Deloitte, KPMG, PRTM, CBC, and others have all visited both. While consulting firms extended 41% of all offers, the median salary increased by 32.5 percent from 2021 to 2022. Consulting emerged as the top recruiting sector at SPJ, with offers extended to 38% of the 238 participants.
In terms of middle office IBD and Wealth Management roles offered by JP Morgan, Deutsche Bank, Goldman Sachs, Bank of America, and Credit Suisse, K clearly outperforms SPJ. However, SPJain had a better scene in corporate finance, with Mondelez, GE, and Vodafone all offering corp fin. In Corporate Banking/Treasury, the number of companies visiting both is equal, with Citi, Yes Bank, ICICI, Axis, IDFC, IndusInd, and others visiting both. JM Financials and Standard Chartered are two brands that do not hire from K for corp banking. For the first time, Deutsche Bank has hired exclusively from K for their corporate banking role, rather than from SP Jain.
IIM K has provided a variety of finance roles, including middle and front-office investment banking, wealth management, corporate banking, and treasury roles, whereas investment banking and wealth management roles are almost nonexistent in SP Jain. They have a higher proportion of corporate finance positions available.
Going forward, with the expected growth and increasing alumni base, IIM K should be clearly a preferred choice over SP Jain for students aspiring to finance and consulting roles.
There are certain sets of procedures that need to be followed to become a professor in Finance or any other field.
Your best available option is to apply for a professor in the university where you have completed your post-graduation. If you were acquainted with the graduate committee, they can recommend you as an assistant professor. It would be better if you start working in the industry related to Financial services as a fresher and gain some work experience. And simultaneously, you can be a visiting lecturer in the colleges that offer MBA Programs.