One of my friends faced a similar problem while choosing among all of the second-generation IIMs - Trichy, Kashipur, Udaipur, Ranchi, Rohtak, and Raipur. Let me share his experience which might give you a basic idea.
IIM Trichy and IIM Udaipur were his final two options. The following are the reasons why he chose IIM Trichy:
Having some friends studying in both the IIMs has given me some insight into the institutions. I can say that there is no significant difference between the two IIMs. They're both doing well. However, the impression is important, and Ranchi now has a stronger reputation than Udaipur, which may be due to its somewhat higher placement figures.
Ranchi will win out over Udaipur. As a result, you make your decision depending on your criteria. You will not regret it if you join any of them. In the end, it should be a personal choice based on your research and priorities. Always be grateful for the fact that you got admission to an IIM.
Categories | IIM Ranchi | IIM Udaipur |
Course Fee | 9.75 lakhs | 15.5 lakhs |
Highest CTC | 27 LPA | 22 LPA |
Average CTC | 12 LPA | 12 LPA |
Recruiting Companies | Flipkart, Deloitte, IBM, DE Shaw, etc. | Cisco, Pidilite, ICICI Bank, Goldman Sachs, etc. |
During this two-year journey, you will experience the highs and lows. But one thing is certain: you will cherish every last detail of it in the years to come.
When considering their decision to enroll in DMS IIT Delhi, several factors stood out as particularly compelling to the individual. In the hope that future aspirants will benefit from this information, they have listed the following arguments.
Placements: DMS is able to place 100% of its students, ensuring that all students receive excellent placements. This is evidenced by the fact that the average and median packages of DMS are very close, as the MBA batch of 2020-22 recorded 100% of placements during the IIT Delhi MBA placements for 2022. Furthermore, the highest package offered during the DMS IIT Delhi placements for 2022 was INR 36.7 LPA and the average package recorded was INR 21.9 LPA.
ROI: The opportunity to learn from world-renowned and experienced faculty combined with great packages during placements and SIPs, along with a low fee of just 9.6 Lakhs for two years of MBA courses, make for a great return on investment.
Brand Value: The college is ranked 185th globally and 2nd nationally in QS world rankings and 5th in the NIRF rankings, which demonstrates the institute's global presence.
Campus: DMS is located in the country's capital, which provides multiple opportunities that many other MBA colleges cannot match. Enrolling at DMS IIT Delhi provides access to 350 acres of magnificent excellence with the best infrastructure and facilities.
Global Opportunities: DMS IIT DELHI's Global Field Study program includes an institute-sponsored trip to a foreign location for the entire batch. Past batches have visited places like Kyoto, Japan; Cape Town, South Africa; Israel; Melbourne, Australia; Singapore; Malaysia; the Netherlands; Germany; Czech Republic; China; Amsterdam; Brussels; and Paris.
Alumni Base: DMS benefits from the rich alumni base of IIT Delhi, which has continuously helped the institute in aspects such as brand value, recognition, and multiple opportunities for its students.
Other Perks: The college provides free college merchandise, brand new laptops with the latest specs, access to the IIT Delhi Central Library, and free paid subscriptions to Microsoft apps, Grammarly, and much other software.
MDI Gurgaon is the better option among the two because of its location, placements, and even for the competitions and live projects that it offers.
Category |
IIM UDAIPUR |
MDI GURGAON |
Ranking |
#17 by NIRF |
#10 by NIRF |
Total Fee |
15.5 lakhs |
23.58 lakhs |
Companies Visited |
Accenture, Casio, Hindustan Unilever, etc. |
Airtel, Cipla, ITC, etc. |
Highest Package |
27.5 lakhs |
40.79 lakhs |
Some more reasons are listed below:
The main question that arises is “When is this going to happen?”. Therefore, it is important to understand that IIM Udaipur has not yet achieved the mark to be compared with colleges like MDI, Gurgaon.
It all depends on you – if you want to invest in the long shot and be recognized as one of those students who were a part of the early alumni or you would want to invest in an already established institution and make the most of your course.
One of my friends studied at IIM Udaipur and here are some facts he mentioned, which might help you get to know it a bit better.
Faculty
Infrastructure
The campus is however still under construction and many other facilities will come up, most notably a sports complex. So, these are some of the facts about IIM Udaipur about their faculty and infrastructure.
For Finance, IIM Trichy is the best option. It has a great faculty base for this domain. Most of the faculty members are from IIM ABC. It is among the handful of B-School in India that has an association with CFA.
According to the highlights of IIM Trichy placements 2021, 15% of the placement offers were made from the finance sector. The average CTC offered by the recruiters from this sector was INR 17.67 LPA.
IIM Udaipur is a prestigious and exceptional institute that offers a comprehensive MBA program. IIM Udaipur is one of the 20 IIMs that have been established in India. The institute, which was founded in 2011, is located on 300 acres of land in the picturesque city of Udaipur, Rajasthan. The beautiful city of Udaipur provides an ideal backdrop of heritage and history for the institute to make a distinct mark in the region's management education. AACSB-accredited, the institute currently offers a two-year full-time MBA program, two one-year MBA programs, and a doctoral program in management.
IIMU's infrastructure is excellent, with Wi-Fi available throughout the campus. Every cluster has Wi-Fi, and students have access to a well-equipped library as well as online library resources. On campus, there is also a gymnasium and medical services.
The MBA class of 2022 had a 100% placement rate, with 315 students participating in the placement drive. The highest CTC for the MBA class of 2022 was INR 35 LPA, while the average CTC was INR 17.5 LPA. Among the top recruiters who visited the campus were Goldman Sachs, Amazon, ICICI Bank, Pidilite, and Cisco Systems. Among the many positions available to students were product management, general management, sales, and marketing.
Out of the IIMs like IIM Rohtak, IIM Raipur, and IIM Udaipur, IIM Ranchi may be the best choice for several reasons. Firstly, despite being an IIM, IIM Ranchi is relatively new and is still working towards building a reputation for itself. On the other hand, IIM Ranchi is an established institution that has been around for longer and can be trusted for its campus, faculty, and placements.
Additionally, as a newer institute, IIM Ranchi may be more focused on making a mark and establishing itself as a top business school, which could potentially lead to a more dedicated and driven faculty and student body. Overall, while all the IIMs are highly regarded institutes, IIM Ranchi may offer a unique and potentially more rewarding experience due to its status as a newer institute.
IIM Udaipur has completed Placement 2022 with an increase in an average salary of more than 30% to Rs.17.50 LPA from Rs.13.42 LPA.
In placement in 2022, the highest salary was Rs.35 LPA. The placement season 2022 at IIM Udaipur was a huge success, with 75 recruiters making offers to 310 Institute students. Top companies prefer to place their employees at IIM Udaipur. Accenture, Amazon, Bain & Co, Deloitte, Capgemini, Cognizant, JP Morgan Chase, Mahindra & Mahindra, PwC, Xiaomi, and ICICI Bank were among the top recruiters in Placement 2022.
In July 2022, IIM Udaipur welcomed its diverse and largest 11th MBA 2022-24 batch of 347 students. The Batch has 31% female students and 35% non-engineers, with an average work experience of 23 months.
XIMB is better than IIM Udaipur. It is an old B-School with years of legacy. XIMB has a strong brand presence in the industry. All major MNCs visit the campus placement and offers tier-1 job profiles. More than 355 recruiters visited XIMB placements in 2022. The average CTC offered this year was INR 17.54 LPA. The highest CTC offered this year was INR 32.21 LPA.
XIMB is a better choice in terms of academics, placements, and exposure.