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What if I got an offer letter from IIM Trichy but don’t want to join? Will I get a refund of Rs 20,000, which I paid to know the waitlist?
The simple answer to your question is no. If you do receive an admission offer after paying the remittance fees and are not joining of your own will, then the waitlist remittance fee will not be refunded. It will be refunded only under these circumstances
- If you withdraw your willingness by claiming a refund through the admission portal before the release of the admission offers
- If you do not withdraw your willingness but do not receive admission offers also your 20000 will be refunded.
Under no other circumstances will your remittance fee be refunded.
I would like to know the career prospects after completing the PGPBM program from IIM Trichy (Chennai campus) or similar courses other than the regular PGP course from IIMs like the EPGP, etc.?
The one-year MBA programs are full-time residential courses offered by various IIMs. These programs have a lot of credibilities. Some major shifts you will experience after completing this program are
- Your Management skills will have been upgraded
- You will be offered better placement opportunities ranging from mid to senior sector roles depending on your profile and past experience
- You will receive high package offers
The admission process is quite a task with great competition. Even after you join, you will be facing industry experts and talented people thereby increasing the competition.
Is EGMP from IIM Trichy worth studying?
The EGMP or Executive General Management Program aims at providing comprehensive knowledge of business that helps managers enhance their decision-making skills.
Suitability
The course is suitable for those who
- cannot afford to leave their jobs permanently for studying
- Are not interested in placements but rather join the course for the sole purpose of enhancing their skills and acquiring better knowledge
- Want an IIM tag to improve their job prospects
- Want to explore various aspects of business and functional areas in any Industry in order to change their industry
The course is eligible for people with a minimum experience of a year only. You will get the chance to interact with professors/alumni and peers from various sectors. The best EGMP program is offered by IIM Bangalore.
Which college is better suited for a 3-year work experience engineer between NMIMS Mumbai and IIM Trichy/Udaipur?
Firstly let me clarify something. The 3-year work experience is not a suitable deciding factor for choosing a college. You should decide on a college on the basis of these parameters
- Placements
- Brand value
- Batch-size
- Alumni Network
- Location
- ROI
Now I will further compare the pros and cons of NMIMS and newer IIMs
Pros
NMIMS
- Has a better location than Trichy or Udaipur
- Has a stronger alumni base
- Is good for a career in Finance
New IIMs
- The IIM tag in itself is a major advantage
- The new IIMs are growing at a good speed
- The Batch-size is smaller than NMIMS
Cons
NMIMS
- High fees
- Large batch-size
- Deteriorating brand value
- Average placement opportunities
New IIMs
- Weak alumni network
- A slight location disadvantage when compared to NMIMS
Now it’s your job to analyze which pros are more important for you to avail and which cons can be a major hindrance in your career.
Does IIM Trichy have students with an 89 percentile?
Students can get into IIM Trichy with a percentile as low as 89 only under the following conditions
- He/she either belongs to the NC-OBC or EWS category (still they need to have a good academic background, work experience, or diversity factor)
- If the candidates' profile is spectacular is other aspects
- For any other category since their cutoff is even lower than 89, such a percentile will surely guarantee them a seat.
The criteria is almost the same for the other IIMs with a slight difference based on their rankings and reputation.
What are the chances of getting loan in IIM Trichy? Does it need collateral?
The chances of getting an Education loan at IIM Trichy are high. There is an SBI Branch inside the campus of Trichy. The process is very easy and can be completed within a day.
The best part is you don't need collateral and the interest rates are very low. All you need to do is make sure there is no clause for availing insurance, or else you have to pay extra charges.
Which is better an MBA from IIT Roorkee or from IIM Udaipur/Trichy?
To draw a specific comparison between the 3 B Schools you have mentioned I will simply compare their placement statistics in a tabular form.
|
Particulars |
IIT Roorkee |
IIM Udaipur |
IIM Trichy |
|
Number of Recruiters |
53 |
184 |
110 |
|
Highest CTC |
INR 25.8 LPA |
INR 35.96 LPA |
INR 34 LPA |
|
Average CTC |
INR 16.8 LPA. |
INR 19.5 LPA |
INR 17.01 LPA |
|
Top Recruiters |
KPMG, Accenture, Deloitte |
American Express, Asian Paints, PwC |
Amazon, Dell, Nomura |
What is a waitlist commitment amount? Does IIM Trichy have this?
The simple definition of waitlist movement amount is the money some colleges accept from students to include them on the waitlist. The reason for charging extra fees is to ensure that students are opting to stay on the waitlist not just in case but because they want to seriously join the college. However, later on, if you fail to get a seat, the amount is refunded and in case you get a seat, this amount is adjusted against the total fees. Paying this amount basically means that one is serious about his admission. IIM Trichy is one of the IIMs that has this facility.
What should I choose between MDI Gurgaon and IIM Trichy?
Without any doubt, I will suggest you choose MDI Gurgaon over IIM Trichy. Some points that favor my opinion are
- Welcomes better Brands for recruitment
- Better profiles
- Offers highest packages
- Summer placements are over within a few months
- Only students of a higher ranked B School like MDI will get a chance to participate in competitions.
- The pandemic resulted in many offers being revoked. Yet for MDI it was just 3-4 out of 300.
I think these points are enough to convince you to join MDI Gurgaon.
How would you compare New IIMs primarily Raipur and Trichy to SIBM Pune?
I think you mean how the new IIMs can be compared to SIBM Pune. Rather than comparing, I will tell you what and why people are preferring the former over the latter.
Despite SIBM being an already well-established B School with better placement opportunities, many students prefer IIM Trichy over it. There are two major reasons for the same
- IIM tag
- IIM Trichy seems to be growing fairly well
The fact that people prefer it over SIBM, clearly speaks of its position in the future. Also, the IIM Tag seems very tempting considering its long-term benefits.
So go for SIBM Pune if you are only looking for a high-paying job. But for futuristic benefits, any new IIM will do.
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