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Which one is better, IIM Visakhapatnam or Nagpur?
IIM Visakhapatnam is not better than IIM Nagpur yet it is at a level with it. There are many reasons why people choose it over Nagpur.
- It is the best among the newest IIMs. IIM Visakhapatnam’s spectacular growth and placement statistics are a testament to that fact.
- The horse-shoe-shaped classrooms are the highlight of its infrastructure. There are 2 whiteboards with projectors each. The new IIMs still lack this facility
- The hostel facilities are also very clean and hygienic with a variety of cuisine offered at the mess.
- The location in itself is a USP of the college. The serene surroundings with spectacular views and fresh air attract many nature lovers.
So if your expectations are low regarding placements and facilities, IIM Visakhapatnam is the best new IIM you can go for.
Which is better XIMB HR or IIM Nagpur?
One of my friends pursued BTech from a renowned IIT and even had work experience when he got an offer from IIM Nagpur. He wasn’t sure if joining it would be worth it but a few months into the college made him realize that it was one of the best decisions of his life. He claimed that the following points convinced him to join IIM Nagpur
- The IIM Ahmedabad mentorship
- The IIM tag
- The pedagogy is top-notch coming from the best professors of IIM Ahmedabad
- You get to spend one trimester in IIM Ahmedabad which itself is a lifetime experience
- The student exchange programs allow you to study at a foreign university for 3 months
I have seen many people forgoing offers from XIMB-BM, IIM Kashipur, IIM Indore- Mumbai campus VGSOM and all the newest IIMs to join IIM Nagpur. Its fast-paced growth and promising placement opportunities are the main reasons for the same. So I think IIM Nagpur is way better than XIMB.
What is the concept of the wait list going on in IIM? How many wait lists did IIM Nagpur release?
The waitlist movement at IIM Nagpur is a pretty simple process. Let’s understand the entire process through steps.
- Firstly the waitlist students are divided into 3 groups namely Waitlist 1, Waitlist 2 and Waitlist 3.
- The above categories are made on the basis of the composite score in descending order
- Whenever a student does not accept the order or withdraws admission, his seat is offered to the person with the highest composite score in Waitlist 1 category.
- This process continues till the entire Waitlist 1 group has been offered a seat.
- The other two Waitlist groups are also exhausted in similar ways only if there are vacancies.
The ones who had laid Waitlist money get the amount refunded in case they are not offered a seat.
Which is better: IIM Vizag, IIM Nagpur, or NMIMS Mumbai?
My friend was in a similar dilemma a few years ago. She had offers from NMIMS, SIBM and IIM Nagpur. She wasn’t sure if choosing a new IIM over these B Schools would be a wise decision. Yet she chose Nagpur in the end. Some major reasons that led her to choose it were
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- Campus: IIM Nagpur and Vizag both have their own residential campus and amazing hostel facilities. It helps you make new friends and spend time in extracurricular activities and group discussions once your classes are over NMIMS on the other hand lacks hostel facilities
- Location: Nagpur and Vizag both have a location advantage over other new IIMs in the sense that they have airport facilities promoting connectivity.NMIMS enjoys the best location and many top firms visit the campus because of it. But in reality, it is only the ones with the best profiles that get good roles; others are offered average packages only.
- ROI: NMIMS does not offer a good ROU because of its high living expenses. Nagpur leads in this aspect because of minimal living expenses, lower fees than other IIMs, and similar packages.
- Placements: NMIMS has developed a strong alumni base and therefore attracts many top firms. But like I mentioned above, 80% of the batch is offered average roles. It’s only the ones with spectacular profiles that get the best roles. IIMs have a balanced placement scenario in contrast.
- Brand Value: Despite the unending debate, one cannot deny the brand value of the IIM tag. There are certain HRs from top organizations who still prefer IIM students over other top B Schools. This is the sole reason why the new IIMs give an edge to B Schools like IMT, SIBM Pune, etc.
Based on the above parameters you have to make a decision according to your preferences. My friend was glad she chose IIM Nagpur and it helped her uplift her career through various opportunities.
My Brother got a call from IIM Nagpur and Jamnalal Bajaj for MBA. What should he do?
Your brother should choose Jamnalal Bajaj for MBA. JBIMS follows a better pedagogy for MBA. It is an old reputed management institute with a large alumni base. You can get a lot of advantages from their strong alumni network. The institute has a decent placement record. During the 2021 placement drive, the mean CTC offered to students was INR 23.16 LPA.
Is it worth to join in IIM Nagpur? How far it is comparable with old IIMs? How about ROI there
Let’s compare IIM Nagpur with the older IIMs generally. IIM Nagpur lacks in the following aspects
- Permanent Campus
- Permanent faculty
- Good number and standard of peers
But what’s amazing is that these shortcomings don’t bring down their worth even a bit. It has more merits than demerits. Some include
- IIM Ahmedabad’s mentorship brings in the best faculties and helps maintain a learning environment.
- Various industry interaction programs are held to inculcate management skills and live experiences
- It enjoys a good location advantage as it attracts companies from around the country
- The Foreign Exchange Program provides excellent exposure to the international corporate world
- Lower fees compared to other IIMs
- The hostel and infrastructure facility are at par with that of other IIMs.
Coming to the ROI, IIM Nagpur definitely excels at this one. This is because its fees are lower than other IIMs while the packages offered are almost similar. At the end of the day what matters is that despite being a new IIM it has grown leaps and bounds and it is expected to do more in the future.
Is it good to join IIM Nagpur for a person with 3 years of experience earning around 8.5 PA?
It depends on the individual's career aspirations and the options they have at their disposal. Many people left some of the big names with packages more than what has been stated, to come to IIM Nagpur. If one is looking from a short-term perspective, they may not gain much monetarily as IIM Nagpur is one of the newer IIMs. However, this does not mean that after completing a PGP, they will end up earning the same salary as their current one. It simply means not to expect the same coveted profiles of consultants that IIM ABC manages to secure for its students. The placement for the first batch of students has begun and it seems to be going well and is expected to improve in the future.
When it comes to the most important aspect, learning, and experience, studying at one of the IIMs ensures access to some of the best people as peers, with experience in different domains and industries. The opportunity to learn from the best faculty in the country, all of whom come from IIM A, is something that cannot be measured in monetary terms. The academic rigor and the knowledge gained here will differentiate one from others in the long run. The two 15-day Field Immersion Programs after the first and second terms are unique to IIM Nagpur, where students will get hands-on experience in solving problems of both government and non-government organizations, which will prove beneficial in the challenging corporate world. The program was proposed by IIM-A alumni when the program structure for IIM Nagpur was being drafted.
Finally, it is important to remember that there are many elements included in an MBA program and CTC is only one of them. One should not let their current or near-term CTC determine what they will gain from a PGPM from IIM Nagpur.
How are SIOM and SIBM B as compared to tier 4 and tier 5 IIMs like Ranchi, Raipur, Udaipur, Nagpur, Amritsar, etc.?
IIM Trichy, Ranchi, Raipur, Udaipur, Kashipur, and Rohtak are way ahead of SIOM and SIBM-B. The average package at these new IIMs is greater than INR 11 LPA whereas the lowest packages at these institutes are around INR 6.5-7.5 LPA. You will be astonished to know that the lowest package at these IIMs is almost equal to the average package at SIOM and SIBM-B.
Moreover, IIMs is in itself a brand and therefore promises better growth. This is the reason that these new IIMs despite their early establishment are at par with SIBM-Pune and SCMHRD.
Is it worth doing a 1-year course from TSW - IIM Nagpur General Management? I have around 8 years of work experience in different domains and now in SAP.
It is important to recognize that while an executive education or a distance learning course may not provide the same level of knowledge as a full-time MBA program, they do have the power to add the prestigious brand value of IIMs to one's name. This brand value can prove to be highly beneficial in the later stages of one's career, particularly in middle and senior management roles.
Therefore, when considering such a course, it is crucial to choose the course and institute wisely. For example, a course offered by IIM Ahmedabad will carry more brand value than one offered by IIM Nagpur, and a specialized strategy course will likely have a greater impact than a general management course.
As an individual who is an SAP professional, one might soon find themselves moving into project management and then on to program management. It is important to note that clients are often drawn to well-known and reputable names, and having an IIM tag next to one's name can add immense value when pitching to clients or responding to RFPs and RFQs.
Which is a better choice among IMI New Delhi, IIM-N and IIM-V? Why?
As an MBA aspirant, you should check the recent placements of IMI New Delhi, IIM-N, and IIM-V, faculty quality, student welfare avenues, and infrastructure to compare and evaluate different institutes. It's important to focus on median placement figures and adjust for batch size.
You must look into the opportunities available for student involvement and well-being, such as clubs, societies, sports, cultural events, and corporate competitions. Check the corporate competition section of the school's website to see which companies participate, the positions secured by students, and the number of winners. Good performance in corporate competitions can indicate peer quality and highlight the institute among recruiters. While the brand IIM tag may benefit baby IIMs, established institutes may have better locations, student activities, and industry and alumni connections.
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