Joining an IIM solely to get placed at a high-paying job is not the right perspective. A working professional should pursue an MBA to enhance his skills and acquire extra knowledge. You should be looking for the following in an MBA
Only if you value these aspects can IIM Trichy benefit you in any way. But if you focus just on ROI, it’s high time you target IIM A B and C only.
After the completion of my MBA from IIM Trichy, I realized that the placements were decent and in accordance with the IIM standards. Most students got expected or more than expected-CTCs. The students who were unable to get placed in a desirable firm opted for off-campus placements and they too landed better jobs. Most of the students were able to start their careers within a month after graduation.
All in all, after 2 hectic years full of classes and exams, it’s kind of relaxing to sit and wait for placements.
Yes, you can easily choose IIM Ranchi or Trichy based on their placement statistics because the placement scenarios at both IIMs seem promising despite the lack of infrastructure and campus facilities. In many cases, Trichy and Ranchi have exchanged leads outside the ABC and LIK worlds. All can be overcome if you are taught by the best professors.
Elaborating further, IIM Trichy seems better than Ranchi or Rohtak to me. The reason being the superior teaching methods and its favorable location both for students as well as recruiters. Apart from Trichy, other IIMs are also doing fairly well compared to non-CAT MBA institutes. These are doing well with the help of sponsor IIMs which arrange faculty and placements. These in turn select their own Directors and invest in the infrastructure required in another 3–4 years as Trichy and Ranch have already done.
Don’t let people mislead you into believing that ROU is just a materialistic element and does not have much value. Once you are out of B-school you just want to have a financially stable life. The fees you have invested are much more than just fees. It is the skills, time, and foregone salaries of 2 years.
The jobs you land out of a B School are based on your past performance, especially during summer placements. In fact, many high-paying jobs in the B-school placement reports are Summer Internship PPOs.
IIM Lucknow is an outstanding institute considering the ROI aspect. Don’t let yourself into the delusion that MBA is for learning and not for money. If that were the case you would be better off doing a Ph.D. rather than a job.
You cannot exactly determine the average CTC of a fresher in IIM Kashipur. 150+ companies visited the campus for placements. Out of these, only a few had the criteria of minimum work experience and most of them granted the freshers equal opportunities.
The average of a fresher would not be much less compared to the average mentioned in the placement report ie., INR 15.21 LPA. Some of the freshers also grabbed PPOs/PPIs and didn't sit for Finals. So if you are a fresher, you can rest assured that it won’t affect your placement opportunities.
A person joining TCS after completing an MBA from the new IIMs with a prior work experience of more than 2 years will earn around 8 - 10 LPA. The consulting roles usually offer a salary package of around 8 LPA at TCS to a B School graduate. But your prior experience and performance with TCS might also affect your package with an increase of up to 10 LPA (maximum).
The IT industry today is flourishing and is facing a huge shortage. So he will definitely land a great job especially if he is a BBA/BCOM graduate.
Cognizant does not have very fast growth. So depending on his performance, and economic and academic background, he might witness growth between 2% to 10%. If he is an engineer from the IT stream, his growth will be faster.
In my personal opinion, his IT background does not make him suitable for IIM Kashipur or even Lucknow. An IT software engineer with 2 years of experience earns around 18 to 20 lakh.
The Fellow Programme in Management (FPM) offered at IIM Kozhikode is a source of excellent management researchers and faculty resources that contribute largely to academic institutions, industry, business, government, and society. The most common job undertaken by its fellows is becoming a part of academic institutions as a faculty member.
Some of the most reputed National Institutes have hired the graduates of FPM. Some of them include
Other graduated fellows have also joined the reputed universities around the globe. Many work in Europe, North America, and the Middle East either as faculty members or as post-doctoral researchers. Some such Universities include
IIM Kozhikode does not prefer its graduates to work for the industry. They can contribute to it and occasionally work for it. But being employed by society is discouraged after this program.
Some FPM students who opted for non-academic jobs are now working in top positions at reputed firms. Some roles offered to them include
So the scope of this program is vast. You can never regret pursuing this program. You will excel in every field be it academics or non-academics.
The placement statistics of IPM students at IIM Indore students are as follows
Particulars |
Placement Statistics |
Highest CTC |
INR 49 LPA |
Average CTC |
INR 25.1 LPA |
Median CTC |
INR 24.09 LPA |
Total Companies |
200+ |
Total Number of Students |
572 |
France is home to some of the top recruiters like French luxury brand LVMH, McDonalds, Louis Vuitton and Hennessy, Credit Agricole. Some of the top recruiters to explore to while looking for jobs in France are:
Recruiters | Annual Salaries in EUR | Annual Salaries in INR |
---|---|---|
IBM | EUR 134,000 | 1.18 Cr |
EY | EUR 55,000 | 48.45 lakhs |
Accenture | EUR 52,000 | 45.80 lakhs |
PwC | EUR 48,000 | 42.28 lakhs |
McKinsey & Co | EUR 104,000 | 91.61 lakhs |
Deloitte | EUR 36,000 | 31.71 lakhs |
Amazon | EUR 89,000 | 78.40 lakhs |