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Should I join IIM Indore's one-year MBA course (EPGP) or continue working, given the bad placement scenario for the course? Or should I try for better colleges in India?
The placement opportunities for an Executive MBA at IIM Indore or In fact any other IIM are very limited. They depend on the batch itself and may be good or bad depending on the current batch profile and expectations. Moreover, people don’t pursue EMBA to get placed in a high salary package. They already have a job with a high package. What they are looking for is an enhancement of their managerial skills and the IIM tag.
So I will not recommend you leave your high-paying job and pursue EMBA especially if you are looking for a better CTC. Not even other B Schools will get you a high package right off the bat. But if you are still adamant about pursuing the program you may take a study leave I suggest.
An MBA helps you in the long run and not instantly. You should be willing to take the risk for maximum results.
How helpful is an EPGP course at IIM Kozhikode for an IT professional’s career growth?
EPGP course at IIM Kozhikode helps IT professionals learn important facets of business such as finance, marketing, HR, organizational behavior, operations, and strategy.
IIM Kozhikode is the best for EPGP. Of the many benefits offered by this course, the diverse knowledge and brand value of IIM top the list.
My cousin is an IIMK EPGP alumni. Today she is an IT professional with 14 years of experience. According to her some major pros and cons of this course are as follows:
Pros-
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Surreal campus
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Excellent professors for finance, marketing, and operations.
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Students from diverse backgrounds make it a more appealing experience.
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Workshop at the end of the year helps in practical lessons.
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Second year offers the option of electives. So you can choose different topics from different streams based on your interests and career.
Cons: The only con is that campus visits are as rare as 4 in 2 years.
The EPGP course at IIM Kozhikode is extremely beneficial for an IT professional’s career growth.
What is your opinion on the IIM Calcutta PGPEX course?
According to the Financial Times MBA ranking, the one-year PGPEX MBA programme is among the top ones worldwide. This programme is ideal for middle managers with at least 5 years of experience who want to advance their careers as business leaders.
The programme, which has the distinction of being one of the best MBA programmes in the country, not only transforms your worldview but also prepares you to be a responsible leader. This MBA programme is ranked among the top ten in the world for career advancement and one of the best in terms of return on investment.
However, only a small number of candidates are admitted to the class. To be selected, candidates must have a high GMAT, strong academic records, and a successful career history. People in the PGPEX class have worked in various parts of the world and in various domains. It is not surprising if your class project team includes a doctor, an army captain, an entrepreneur, and a bureaucrat. In the classroom, diversity is essential. Prospects for post-program employment are also promising.
Is it worth doing MBA EPGP part-time from IIM Kozhikode/Indore considering I work in small scale IT firm and will be helpful to get a valuable job in market after the completion.My firm doesn't sponso
MBA EPGP is beneficial in case you are a working individual and want to pursue MBA alongside. In such a case, an EGPG MBA from IIM Kozhikode or Indore is not a bad option. But in other cases, other MBA options are better than EPGP. Other options include:
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Executive MBA from any IIM or other Institutes
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Regular MBA
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FPM (Doctoral Program) from any IIM
Make your decision on the basis of fees, course period, and worth to you.
How good are the placements after the one-year MBA (EPGP) at IIM Bangalore?
The placements for EPGP at IIM Bangalore are excellent and even better than that of IIM Ahmedabad and ISB. Only the best companies visit and offer high packages.
The Institute has also released its placement report for the EPGP batch of 2022. According to it, 30 companies participated in the placement drive and recruited 71 students. The maximum number of students was recruited by Accenture and the average CTC of INR 30.90 LPA was offered and the median CTC stood at INR 30 LPA.
The table below compares the placement statistics for two years to provide a better understanding.
|
Particulars |
2022 |
2021 |
|
Number of Companies Participated |
30 |
30 |
|
Class Size |
75 |
73 |
|
Number of Students placed |
71 |
55 |
|
Average CTC |
INR 30.9 LPA |
INR 26.08 LPA |
|
Median CTC |
INR 30 LPA |
INR 26 LPA |
Some of the top recruiters included Accenture Strategy, Amazon, PwC, Manyavar, Microsoft. MindTree, Bain & Company. The highest number of placement offers were made by the Consulting industry followed by the IT industry.
Which program is better, PGP HRM at IIM Indore or PGPM at IIM Sambalpur?
A specific program at one IIM cannot be compared to a general program at another IIM.
In any case, you shouldn't think about enrolling in a course at IIM Sambalpur. It is too recent and has no prior performance. Additionally, given its location, it won't even draw in top faculty. Instead of IIM Sambalpur, you would be much better off attending some high-quality non-IIM colleges.
The best institute for HR professionals is currently XLRI, followed by TISS, Mumbai. Considering that IIMI is one of the top IIMs and has a brand-new HR program, your learning and employment prospects are both promising. However, make sure you enjoy HR. It is practically impossible to later switch out of HR once you are in it.
How is an executive MBA from IIM Indore?
IIM Indore is one of the top management schools among the group of 20 Indian Institutes of Management which is located in the city of Indore, Madhya Pradesh.
|
Particulars |
IIM Indore Executive MBA 2022 |
|
Fee Structure |
INR 2,111,800 (Total Fees) |
|
Course Duration |
1 year |
|
Course Type |
On-Campus (Full-time) |
|
Entrance Exam |
GMAT |
Admission Process
- Admission for the Executive Program is through the GMAT (Graduate Management Aptitude Test) exam. The GMAT exam can be given 5 times in 12 months with a gap of at least 16 days between consecutive attempts.
- A relevant 5 years of Work Experience is a mandatory prerequisite for getting into IIM Indore Executive MBA Programme.
Placements
Number of participants: 57
Number of on-campus offers: 57
Number of off-campus offers: 2
Number of students opted out: 4
IIM Indore EPGP highest salary: INR 70 LPA
IIM Indore EPGP average salary: INR 25.9 LPA
IIM Indore EPGP median salary: INR 23.6 LPA
Major sectors: Consulting (42%), IT/Product/Analytics (40%)
Top recruiters: Accenture, Cognizant, Cogoport, EY, IBM, Jio, Infosys etc
What are the best one year full-time executive MBA courses in India? Can anyone who has done the IPMX course at IIM Lucknow share their experience?
There are mainly 3 MBA programs in India:
- Two Year Program in Management- Aimed at people with less than 2 years of experience
- One Year Program in Management- Aimed at people with 2-15 years of experience
- Part Time Program in Management- Aimed at working professionals
Before we dwell on the best one-year full-time executive MBA courses in India, let’s understand what exactly a one year program is.
The 1-year-program gained fame in India after the success of ISB in the early 2000s. IIMs and other institutes initiated the same and have been offering the 1-year program since late 2000s. This program mainly offers high-quality education for experienced professionals. Some best programs offered in India are
- ISB- PGP (Post Graduate Program)
- IIM Ahmedabad- PGPX (Post Graduate Program for Executives)
- IIM Bangalore- EPGP (Executive Post Graduate Program)
- IIM Kolkata- PGPeX (Post Graduate Program for Executives)
- IIM Lucknow- IPMX (International Program in Management for Executives)
The admissions happen on the basis of GMAT, Essays, and Interviews. It is primarily meant for people with several years of experience but who want to upgrade their managerial skills.
The best part is that the 1-year-program is equivalent to an MBA internationally. Infact, major international rankings such as Financial Times consider the 1-year program. So the 1-year program at the top B-Schools in India will give you a similar experience academically.
As far as the IPMX course is concerned, it is not an Executive MBA.
What is the selection procedure like for EPGP at IIM Bangalore?
The screening or selection process for EPGP at IIM Bangalore for applications in which they evaluate your application, GMAT scores, academics, career progression, career/extracurricular achievements, diversity, and knowledge that you can bring to class.
If you pass this, you will be invited for a face-to-face or Skype interview with a panel consisting of someone from the program office and alums who will check if you have the right credentials and expectations from and about the program.
Is it worth joining IIM Indore's EPGP programme keeping in mind the placements?
The EPGP Programme was established in the year 2002 at IIM Indore and has produced a great number of alumni since then. The graduated alumni have been performing remarkably well in their fields. The track record set by them is exceptional.
The EPGP course content at IIM Indore is compressed, precise and the learning process is highly based on real-life developments and circumstances. It is one of the most effective ways of learning.
If you have a non-IT background experience of 5-7 years, then you are highly likely to land a good placement. A salary package ranges up to 25 LPA.
Even a candidate with 7 years and above experience would gain no instant financial advancement except some knowledge and academic qualification. You should not hope to acquire the benefits of this degree steadily. The IIM tag is kind of a long-term investment and would help you in getting through the corporate sectors with its name itself.
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