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Which would be the best choice among IIFT Kolkata, IIM Trichy and other new IIMs for someone with strong interests to pursue a career in finance?

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Wilfred Vivek Posted On : January 13th, 2023
PGP in Management from Indian Institute of Management Visakhapatnam (2020)

IIM Trichy is an ideal choice for pursuing a career in Finance. Many reputed banks visit the campus for recruitment like Citi, ICICI Bank, and YES Bank. This year the Finance sector accounted for 15%of the total placements. The highest CTC stood at INR 20 LPA whereas the average CTC stood at INR 17.67 LPA.

The IIFT program of Kolkata may have an upper hand due to its location but it’s not at par with IIM Trichy. If you are interested in the program I suggest you go for the New Delhi one.

The new IIMs are somewhat similar to Trichy but they won’t help you kickstart a career directly in finance. You might have to take baby steps to enter the Finance sector. So it’s best if you choose IIM Trichy only.

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Between IIFT K and IIM Ranchi, which one should one choose?

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Sanjayan Satisan Posted On : January 12th, 2023
PGDM student || IIM Ranchi

Without even elaborating I can confidently say that IIM Ranchi is a better option of the two. MBA requires more practical than theoretical knowledge. To let you choose your domain based on your Management skills, IIM Ranchi has more to offer than the relatively new IIFT K. You can explore domains like Finance and Accounting here with the surety of better placement opportunities. This will help you figure out what is good for you and what isn’t.

IIFT K is new and offers some great options like specialization in Banking which in turn can help you choose your dream company. 

However, if you are looking for a foreign job then it’s IIM Ranchi that will help you reach your goal.

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