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
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.
Let’s compare IIM Nagpur with the older IIMs generally. IIM Nagpur lacks in the following aspects
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
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.
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
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.
The waitlist movement at IIM Nagpur is a pretty simple process. Let’s understand the entire process through steps.
The ones who had laid Waitlist money get the amount refunded in case they are not offered a seat.
Once you end your college life, life is not the same anymore. You end up missing every moment spent whether enjoying or studying for your exams. Once you step into the real world you realize it’s now that the real-life issues begin. I have listed some good and bad things you will experience as an IIM pass out
Good things
Bad things
Apart from these situations, you might face serious criticism if you give up your job and initiate entrepreneurship.
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.
So if your expectations are low regarding placements and facilities, IIM Visakhapatnam is the best new IIM you can go for.
One experiences a roller coaster of life at IIM Nagpur. Its location is one of the major reasons people choose it over other IIMs
Faculty: The faculty here is learned and has great industrial experience. It comprises mostly Ph.D. holders who just don’t teach you Management but also inculcate leadership, ethics, and human values.
Hostels: The hostels of IIM Nagpur have excellent rooms which is one of the major reasons IIM is doing so well.
Batch: The small batch installs a family-like feeling among the peers who look after and learn from each other. The crowd comprises people from different academic backgrounds, cultures, and work experiences. You will make some amazing friends for life.
So life at IIM Nagpur is very smooth yet fun.
Nagpur is one of the most popular new IIMs that has been in the limelight for its world-class infrastructure and facilities.
Placements: The institute enjoys 100% placement opportunities and is visited by many top firms like Landmark Group, ITC, Pidilite, EY, Amazon, Cognizant, and Goldman Sachs.
Particulars |
IIM Nagpur Placements |
Number of Students |
250 |
Number of Recruiters Participated |
73 |
Number of New Recruiters |
43 |
Highest CTC |
INR 55.22 LPA |
Average CTC |
INR 23.10 LPA |
Median CTC |
INR 22.28 LPA |
Major Sectors |
IT and Analytics |
Faculties:
The faculty is top-notch, comprising Ph.D. holders and professors with impeccable industry experience. Their classes are something one should not miss if one wants to remain among the top students.
Crowd: People from various walks of life, profession, and age come under one roof and this in itself is a thrilling and engaging experience. Such good exposure opens your mind to the possibilities and opportunities that exist in reality. You end up making bonds for the rest of your life.
Opportunities: IIM Nagpur offers a plethora of opportunities to its students. The Field Immersion Programme (FIP) is one of the major highlights. Live projects are also conducted within India and abroad. The International Immersion Programme (IIP) which allows students to travel to five foreign locations.
IIM Nagpur in itself is an entity thought to be newly established. It’s not justified to compare it with the older IIMs.
My friend recently flunked her interview as she did not prepare for the questions related to her undergraduate degree. They asked her to start with a basic introduction after which they asked her about the subjects of her undergraduate program. Because she had not prepared well for this part, her hesitation took the better of her. They probed her with questions like
Did you study Financial Subjects or about to study?
What worsened her situation was the questions asked by the second panel. She asked her some mathematical questions which became the reason for her doom.
The conclusion from the interview is that as a fresher you should definitely go through your graduation subjects as most of the questions will be asked from that only. Remember they will question your ability to answer the questions confidently most importantly.
Joining IIM Nagpur is a decision worth taking. It has a good reputation, especially among the new IIMs. One of my cousins with a work experience of 3 years, joined IIM Nagpur and is glad he took the decision. He considered the following parameters to take this decision
So yes IIM Nagpur is worth risking your career for.