IIMs are known for their top-quality management education and are premium institutes for the same. In addition to their flagship courses, the One Year MBA from IIMs for working professionals is offered as a Full Time Residential MBA Program for Executives. This program is much coveted among working professionals with work experience of 3 to 7 years. The program has similar USPs of two year MBA program except that it is more rigorous. Because of its dynamic nature, the placement opportunities offered to one-year MBA students are even better.
Here is a one-to-one analysis of each program.
IIM Ahmedabad PGPX:
The Post Graduate Programme in Management for Executives (PGPX) is one of the finest one-year, full-time, residential programs in the world. Its best-suited for bright, enthusiastic, and aspirational executives with professional experience. This program attracts top talents from diverse industries, cultures, and geographies.
IIM Bangalore EPGP:
IIM Bangalore offers an intensive one-year residential MBA programme created specifically for professionals with remarkable track records and 5 to 12 years of work experience in a wide range of industries.
IIM Calcutta MBA-Ex:
IIM Calcutta's MBA for Executives Programme (MBA Ex) is One Year Full-Time Residential MBA Programme that provides mid-career professionals the ideal platform to augment their existing skill sets and paves the way for senior and top management roles in the industry. MBA Ex at IIM Calcutta, since its inception in 2006, has spawned alumni who have demonstrated excellence in the leadership positions that they have occupied in their organizations.
IIM Indore EPGP:
IIM Indore EPGP is a reputed one-year MBA is specially designed to enhance knowledge, AMBA skills and capabilities essential for managing and leading organizations and the program combines skill building with an exploration of good management practices.
IIM Lucknow IPMX:
IIM Lucknow offers International Programme in Management for Executives (IPMX) at its NOIDA Campus to prepare working professionals for the top roles in business organizations.
All in all, each of the one-year MBAs offered by IIMs has a single purpose; to enable working professionals to climb the corporate ladder and receive better packages.
Students from IIM-Ahmedabad's chances of getting into Boston Consulting Group (BCG) would be determined by numerous factors, including
Students from IIM-Ahmedabad, on the other hand, are well-regarded and often have a good academic background, which may boost their chances of being hired by BCG. However, the final hiring decision will be based on the particular candidate and the unique job needs.
IIM Lucknow and IIM Ahmedabad are both prestigious business schools and are among the top-ranked institutions in India. However, there are a few key differences between the two institutions which are as follows;
Criteria |
IIM Lucknow |
IIM Ahmedabad |
Campus size |
185 acres |
106 acres |
Academic programs |
PGPM, PGP-ABM, PGP-SM, PGPSM, IPMX |
PGP, PGP-FABM, ePGP, FPM, FDP |
Accreditation |
AACSB, AMBA, NBA |
AACSB, AMBA, EQUIS |
Faculty |
120+ |
100+ |
Student intake |
1,200+ |
400+ |
Fees |
INR 19.25 lakh |
INR 24.61 Lakhs |
Highest International CTC |
INR 65 LPA |
INR 1.14 CPA |
Highest Domestic CTC |
INR 55 LPA |
INR 75.2 LPA |
Average salary package |
INR 24 LPA |
INR 36.2 LPA |
Alumni network |
19,000+ |
35,000+ |
Both these colleges are at par with each other and are among the top three IIMs. The choice between the two is subjective and will depend on your goals, preferences, and some other constraints you might have.
All the aforementioned colleges are among the best B Schools in India so the choice between them depends on your preference and future prospects. You need to determine what exactly you want from the program and where your career currently is.
In general, ISB is for people who have better industry experience, good leadership skills and decent academics. The other B Schools focus more on excellent academics throughout your career.
The ranking of these institutes in my opinion is ISB, IIM-A, B, C>IIM-L, FMS, XLRI,>SPJIMR
The above preference order is based on a number of factors like career progression, college market value perception, quality of faculty, quality of students, academic learning, quality of recruiters and infrastructure.
IIM Ahmedabad is a prestigious B-School that the majority of CAT aspirants aspire to attend. The average salary at IIM Ahmedabad for 2023 placements is INR 32,79 LPA. The highest domestic package was INR 61.49 LPA, while the highest international package offered was US $140.599.
Here are some advantages of IIM Ahmedabad over other prestigious business schools such as XLRI, FMS, etc.
Among these, IIM Ahmedabad is the better option. It is the best B-School in the country and has a legacy of over 60 years. IIM Ahmedabad placements 2022 witnessed the median CTC of INR 36.2 LPA.
SPJIMR is good for Operation as well. It is among the top B-Schools in the country with a phenomenal placement record. But comparably, IIM A brand name will offer better exposure and placement opportunities.
IIM Ahmedabad is one of India's most famous business schools, offering undergraduate students a five-year integrated program in management (IPM). IIM Ahmedabad offers various advantages to IPM students, including:
Overall, IIM Ahmedabad is a good choice for IPM students seeking a tough academic program, excellent job chances, and a friendly and diverse society.
Yes, it is possible to get a job at McKinsey, Bain, BCG, or A.T.Kearney. You can apply directly through their website or referrals. If you are applying for a job in these companies go through the hiring rules thoroughly.
There is a waiting period of 24 months for two attempts at the recruitment process in McKinsey. The hiring procedure is similar to campus recruitment. You will have to go through case-type interviews. Based on the availability of the role, McKinsey conducts recruitment once or twice a year.
Pursuing a PGPM (Post Graduate Program in Management) from IIM Ahmedabad at the age of 32 is a good choice depending on your individual circumstances, career goals, and personal aspirations. Here are some factors to consider:
It's important to note that many individuals pursue an MBA at various stages of their careers, including their 30s and 40s. Age alone should not deter you if you have clear goals and a strong motivation to pursue higher education. Ultimately, the choice to pursue an MBA from IIM Ahmedabad or any other institution should align with your unique circumstances and career aspirations. Consulting with career advisors, mentors, and individuals who have gone through a similar decision-making process can also provide valuable insights.
In order to get selected at IIM Ahmedabad, you must have a strong academic record because the institute gives high weightage to past academic records during its shortlisting process. It is even hard if you belong to the general category.
You should not lose hope as there are numerous other top b-schools that give less weightage to past academic records and more to CAT score and GDPI. So, your selection will not be much affected by it.
If you get a call from IIM Ahmedabad, you can give your best to impress the panelists during the interview but, even then your chances of converting will be slim or next to impossible. This is because your 12th standard marks are very low according to the bars set by IIM Ahmedabad.
There are top institutions such as the Faculty of Management Studies (FMS), Delhi which gives more importance to CAT score and less weightage to past academic records. Targeting such institutions will be good for you.