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Having a 3.5 year experience in EPC Project Management, should one join IIM Nagpur/Vizag or should wait for a year, and go for an Executive MBA?
Before dwelling on the details and explanations, let me give you a simple answer.
- You should go for a 2-year MBA program if you are open to switching domains in the future. One of my friends was in a similar situation with around 4 years of experience in EPC Project Management. After great anticipation, she decided to go for IIM. Visakhapatnam which is a relatively new IIM. But it happened to be one of the best decisions of her life. She realized her inclination toward Finance and ended up with a role in the financial planning department of her company. She says that the MBA program changed her perspective and broadened her career spectrum which would not have been possible if she had taken an Executive program.
- You can go for the Executive program if you want to upscale your career prospects in the same field. Or you want a certificate that can get you a better job at a better company. This is a viable option if you are not open to switching domains and want to stick with your current field.
Now that I have talked about both scenarios let’s clear some misconceptions about the new IIMs. Frankly, they are not yet anywhere near the older IIMs but that does not change the fact that they have been developing at a speeding rate and are bound to do more so in the future. Through various interactions with the alumni, I have inferred that they were glad they joined the new IIM which provided world-class facilities and a breath of fresh air.
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.
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 one is better, IIM Vizag or IIM Kashipur?
I would deem IIM Kashipur as a far better choice than IIM Vizag. Some vital points that favor my inclination are
- Legacy: Being older than IIM Vizag, IIM Kashipur has a much stronger and widespread alumni network.
- Infrastructure: The outstanding infrastructure of IIM Kashipur cannot be compared to that of Vizag. It has amazing hostel facilities, a library, well-equipped classrooms, and libraries.
- Location: IIM Kashipur enjoys a better location than Vizag. But location cannot be the only deciding factor.
- Pedagogy: The learning environment and process are much more enhanced at IIM Kashipur. Under the mentorship of IIM Lucknow, Kashipur has successfully adapted to the teaching methods of older IIMs consisting of exams, events, and placements.
- Ranking: Because of a better alumni base, IIM Kashipur enjoys better brand recall. Hence it has better rankings.
All these points clearly state that IIM Kashipur is a better choice than IIM Vizag.
Who are some of the famous alumni of IIM Visakhapatnam?
Some of the famous alumni of IIM Visakhapatnam include:
- Abhishek Goel, (PGP 2017) : Product Manager at Google.
- Gaurav Dutta Chaudhuri, (PGP 2017) : Associate Director at NTT Data.
- Unnmalini Boruah (PGDM 2019) : Strategy Manager at Bosch.
- Tanmoy Misra, (PGP 2019) : Product Manager at Aditya Birla Capital.
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