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How can I prepare for my interview on IIMC?
Any interview including IIMC is basically a thorough explanation of your thought process. Discussed below are a few tips which may come in handy during the interview.
- Focus on your strengths and try to highlight your strengths.
- Keep your attitude positive and show that you are a go-getter.
- If you have any specific talent do not forget to mention it.
- Keep yourself updated with the current affairs.
- Have a clear idea about your educational qualification, and the future plan.
Besides this, you should also work on the following topics for an interview at any B-School.
- Your UG subjects along with the specific areas of interest.
- Focus on reading daily Current Affairs.
- Hobbies
- Personal questions
- Brush up basic Mathematics Skills
So, try to be yourself and do not exaggerate. How the interview will go depends entirely on you. No matter the questions asked try to turn the table to your side. Hope the answer was helpful.
Does it make sense going for a 2-year MBA from IIM-Ahmedabad/Calcutta at 29 years of age?
The answer to your question depends on the reason why you are willing to pursue an MBA and if the reason is strong enough to go for an MBA at the age of 29 years. See, age should never be a restricting factor especially when it comes to education. But your purpose should be well-defined and crystal clear. Pursuing MBA vaguely just to venture on new opportunities or career options might do you more harm than good. So the primary step in deciding if an MBA at 29 is good or not is to analyze your purpose. If you are changing streams for instance moving to Finance or MC, you need to know that your pay scale might see a new low.
I have another suggestion for you. Why don’t you compare the two programs;
- Regular 2-year MBA
- Executive MBA 1-year program
Compare the curriculum and prospects of these two programs. The reason why I suggested to you research the Executive program is that many experienced professionals (almost 95%) prefer the Executive program over the regular program. It suits their needs better.
The 2-year program is suitable only if you are looking for an internship and I Don't think that is the case for you. Moreover, if you consider the major aspects like classroom experience, rigor and placements, the Executive program is far more a viable option in your case. It will also allow you to reap the maximum benefits in less time. So do your part of the research and make an informed decision.
What are the books IIM A, B, and C follow for finance, marketing, strategy and operations management?
At IIM ABC, textbooks aren’t the primary source of learning. Textbooks are used more as reference material. Students mostly learn through classroom and case studies. Here are the books that are generally recommended for Finance, marketing, Strategy, and Operation Management.
- Accounting by Anthony, Hawkins, and Merchant
- Principle of Marketing - Philip Kotler
- Operations Management - Stevenson
- Economics - Paul Samuelson
- Microeconomics - Paul Krugman
- Macroeconomics - Dornbusch, Fisher and Startz
- Competitive Strategy - Michael E Porter
These are the reference books used in the first year.
Which one is better, IIM Calcutta or IIM Bangalore? Why?
IIM Calcutta Vs. IIM Bangalore debate is a never-ending one, and there is no clear winner. Both of these institutes are among the top in management education and have their advantages.
- Faculty wise there are no such differences between the two IIMs.
- In terms of location, IIM Bangalore is definitely better. The city is a hub of industry houses, so you will get better placement opportunities and exposure.
- Contrary to the various rumors, placement at IIM A, B, and C is almost similar.
- IIM C offers a wide array of electives. You are free to choose from a huge variety of courses depending on your interests and career plans.
Both institutes are at the top of their game and will offer you many opportunities to grow.
What would be your top 3 suggestions for a candidate aiming to make it to IIM A/ B/ C with a year and half until the CAT exam?
Here are a few tips that you mind find useful if you are preparing for CAT.
- Focus on your academics, if you have time to improve your profile. If you don’t forget about it and concentrate on CAT preparation.
- Preparing with a group can be fun. You can evaluate and compare your progress with others. It is also easier to stay motivated.
- Learn the best approach and method to solve all types of problems that come in CAT. Give ample number of tests. Analyze the tests thoroughly. Keep tabs on the common mistakes you make and try not to repeat them.
Last but not the least, stay motivated throughout your CAT journey.
How tough is it to get a seat into PGDBA, the course offered in collaboration with IIT Kharagpur, ISI Kolkata and IIM Calcutta?
My brother prepared for the Written Examination only in a week and scored close to 110 out of 150.
Since my brother had a background in Semi-automated Trading, the interviewers were convinced about his love of Finance and Maths. He got waitlisted in 5 of the General Category lists and declined admission after the results.
If you are good at JEE Maths and have contributed to the field, it is important to show your passion to the interviewers.
How good is XLRI Jamshedpur? How it fares against IIM ABC? Please answer, you view is valuable.
With its HR program allegedly being the best in Asia, XLRI might be ranked as one of the top 6 management schools in India. Other areas of expertise like marketing and finance are also strong.
One of XLRI's major advantages, in addition to having a large alumni base, is that all of the HR directors at the country's top corporations are XLRI graduates. As a result, XLRI receives a fantastic placement. As most employers view it on par with IIM A, B, and C, this also helps if you wish to change jobs. It will be regarded as one notch lower when compared to IIM A, B, and C. Top IB and PE firms that exclusively visit IIM A, B, and C do not go to XLRI. But XLRI is a fantastic alternative if you are not interested in IB or PE.
Many reputable companies (in the financial and consulting industries) exclusively visit IIM A or B; XLRI is not among them. But even with fewer options, XL can help you get into the best companies. The batch size is one factor. The XL BM batch size (until the 2021 batch) was just 180, as opposed to IIM A, B, and C, which had twice as many.
How and when did the rivalry between IIM Calcutta and XLRI Jamshedpur start?
IIM Calcutta and XLRI Jamshedpur have a protracted rivalry that spans back several decades. The rivalry's beginnings can be found in the 1960s when both institutes were founded.
The first management institute to be founded with government assistance in India was IIM Calcutta, which opened its doors in 1961. The Society of Jesus founded the XLRI in Jamshedpur, which is one of India's oldest management institutions, in 1949.
IIM Calcutta and XLRI Jamshedpur have established a reputation as two of India's top management schools throughout the years. IIM Calcutta places a lot of emphasis on marketing and finance, whereas XLRI Jamshedpur places a lot of emphasis on human resources management.
Students and alumni from both institutes frequently engage in friendly competition and banter, making the rivalry between the two institutions mostly a friendly one. The competitiveness between the colleges is particularly pronounced during activities like business quizzes, debates, and other intercollegiate contests.
Is anyone pursuing PGDBA course jointly conducted by IIM Calcutta, IIT Kharagpur and ISI Kolkata. What is the scope of this new course?
My friend had opted for the PGDBA course jointly conducted by IIM Calcutta, IIT Kharagpur, and ISI Kolkata. She claims it to be the best decision of her life.
- Course: The course curriculum comprises R, Python, Hadoop, MapReduce, Spark, Radian6, and Sql and is highly industry relevant. You get to work on a lot of data. The course also includes a number of projects that can be done based on the subjects chosen. On average, a student works on 2-4 projects.
- Exposure: Since the course is industry relevant, one can expect frequent industry expert visits and guest lectures. These academic collaborations ensure maximum exposure.
- Job prospects: This course is not for you if you have a specific company in mind. This is because the course is relatively new and has yet to make its mark among top companies. It also depends on whether the recruiting company is looking for people with Analytical skills.
The same friend who graduated from this course had worked on a total of 14 projects and ended up interning with McKinsey. At the end of her internship, McKinsey planned to create a new role - Data Scientist for graduates and other similar recruits. Since then, a lot of big companies have participated in internships and placements in addition to international offers. Since then, the demand for the course has been increasing.
Today, the placement reports show an average placement offer of INR 3507000 which is more than the course fee of INR 2400000.
We can safely conclude that this course places you well within the industry and is worth the high fee spent.
What are the final placement stats for the PGDBA (jointly offered by ISI Kolkata, IITKGP and IIM Calcutta)?
Despite the economic slowdown, the Post Graduate Diploma in Business Analytics (PGDBA) program offered jointly by IIM Calcutta, ISI Kolkata, and IT Kharagpur witnessed a growth in the average and median remuneration of students from the previous year. The average remuneration and median remuneration grew by 12.75% and 14%, respectively, with an average salary of INR 29.71 LPA achieved and the highest offer of INR 42.50 Lacs. Additionally, 77.41% of the class received full-time job offers (PPO).
The PGDBA program is a rigorous academic program that spans three semesters, with each semester being held at one of the three premier institutes. During the coursework at ISI Kolkata, students develop expertise in statistical learning theories for analytics, while at IT Kharagpur, they apply these theories to Machine learning and Artificial intelligence. At IIM Calcutta, candidates learn how to utilize these tools in functional areas of management.
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