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How are SIOM and SIBM B as compared to tier 4 and tier 5 IIMs like Ranchi, Raipur, Udaipur, Nagpur, Amritsar, etc.?
IIM Trichy, Ranchi, Raipur, Udaipur, Kashipur, and Rohtak are way ahead of SIOM and SIBM-B. The average package at these new IIMs is greater than INR 11 LPA whereas the lowest packages at these institutes are around INR 6.5-7.5 LPA. You will be astonished to know that the lowest package at these IIMs is almost equal to the average package at SIOM and SIBM-B.
Moreover, IIMs is in itself a brand and therefore promises better growth. This is the reason that these new IIMs despite their early establishment are at par with SIBM-Pune and SCMHRD.
Is it worth joining IIM Nagpur for 10 Lakhs, considering that IIM Ahmedabad will be mentoring it initially?
If you don’t have a better option and can’t wait for a year more, it’s best to go for IIM Nagpur. Although it’s not among the top IIMs, it will not disappoint you. The main reasons for the same are:
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Firstly, IIM Nagpur is mentored by IIM Ahmedabad. So you will get the chance to be taught by IIMA faculty in the same methodology.
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IIM Nagpur is located in a well-connected city so has all the basic facilities like connectivity, a local support system, local industry, and safety.
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The placements at IIM Nagpur are also good considering the students have been trained by IIMA faculty.
If you are tight on budget then pursuing MBA from IIM Nagpur is not a bad choice.
Who are some of the famous alumni of IIM Nagpur?
Some of the famous alumni of IIM Nagpur are:
- Saksham Goyal, (PGP, 2019) : Consultant - Deloitte India.
- Rahul Yadav, (PGDM, 2017) : Senior Manager - Aislelabs.
- Dhruv Suchak, (PGDM, 2017) : Digital Business Product Owner - Axis Bank.
- Ishani Srivastava, (MBA, 2019) : Marketing Manager - Polycrack Worldwide Limited.
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