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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.
What is the course fee for the PGPBM course at IIM Trichy?
The total fee for the PGPBM program comprises two parts:
- Non-refundable Course Fee – Rs. 11,80,000/- plus applicable taxes
- Refundable Caution Deposit - Rs. 10,000/-
The non-refundable course fee includes
- Tuition
- Library
- Case Permission Royalty
- Textbooks
- Academic Course Pack
- Examination
- Alumni activity
The fee is for the total course and is not related to the number of terms. However, for ease of payment, the course fee is structured to be paid in eight installments, the first one amounting to Rs. 2,10, 000/- and Installments II to VIII amounting to Rs. 1,40, 000/- due every three months. The date of payment of the fee installments will be announced by the PGPBM Office.
How would you rank IIM Udaipur, Trichy, Ranchi, and Raipur?
It is difficult to provide a definitive ranking of business schools as the best choice will depend on your individual priorities and goals. To determine which among IIM Udaipur, Trichy, Ranchi, and Raipur is the best fit for you, it is important to consider factors such as the curriculum and placement opportunities in your desired field, the focus on research, the availability of Students Exchange Programs and other opportunities for exposure, and the overall perception of the school.
If you have a specific field or area of focus in mind, you should look for a B-school that offers a strong curriculum and good placement prospects in that area. If you are interested in gaining hands-on research experience, you should consider schools that have a strong orientation toward research. If you are looking for opportunities to gain exposure and experience through programs like student exchange, you should consider schools with a strong track record in this area.
If you do not have a specific priority and are unable to identify a clear difference between the opportunities offered by different B-schools, you may want to consider their perception. While this can be difficult to quantify, their overall perception can impact the quality of your peers and the overall learning environment. To judge the perception of a B-school, you should do your own research and consider factors such as the reputation of the school, the accomplishments of its faculty and alumni, and the resources and support available to students. Ultimately, the best choice for you will depend on your personal goals and priorities.
Which would be the best choice among IIFT Kolkata, IIM Trichy and other new IIMs for someone with strong interests to pursue a career in finance?
IIM Trichy is an ideal choice for pursuing a career in Finance. Many reputed banks visit the campus for recruitment like Citi, ICICI Bank, and YES Bank. This year the Finance sector accounted for 15%of the total placements. The highest CTC stood at INR 20 LPA whereas the average CTC stood at INR 17.67 LPA.
The IIFT program of Kolkata may have an upper hand due to its location but it’s not at par with IIM Trichy. If you are interested in the program I suggest you go for the New Delhi one.
The new IIMs are somewhat similar to Trichy but they won’t help you kickstart a career directly in finance. You might have to take baby steps to enter the Finance sector. So it’s best if you choose IIM Trichy only.
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.
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.
Would it be a mistake if I choose IIM Trichy over IIM Shillong?
IIM Shillong has recently celebrated its 13th year, and this year's placements have been better than in previous years. These placements have been more successful than those at IIM Trichy, and the roles offered have also been of a higher quality. In terms of infrastructure, IIM Trichy has an advantage, but the faculty at both institutes is roughly comparable. Based on current trends, it is advised to consider IIM Shillong for its strong placement record and improving performance.
While placements at IIM Trichy are not bad and students can expect to receive good roles and pay, IIM Shillong currently holds the lead in terms of success in placements. Some students at IIM Trichy have even left the institute for IIM Shillong due to its stronger placement performance.
Considering my interest in Finance and a prior IT work experience of 2.5+ years, what should be the preference for me among IIFT Delhi, NMIMS Mumbai, and new IIMs (IIM Ranchi/Trichy)?
I believe that the roles available in the finance sector at NMIMS are readily equivalent to those at IIFT, if not superior. Mumbai's location is quite advantageous for the institute. During placements, a sizable number of finance companies visited the campus.
However, there is fierce rivalry for these positions within the class, particularly among those who studied business as a major in undergrad. This is why it can be difficult for engineers pursuing an MBA at NM to be shortlisted for financial positions because financial institutions prefer to interview candidates with backgrounds in commerce. However, getting on a shortlist for financial roles becomes simpler if you are able to pass one or two levels of CFA or FRM.
In terms of financial roles, NMIMS = IIFT > new IIMs
Between IIM Shillong, SJMSOM, and IIM Trichy, which college is best? I am looking for a good learning experience and placements.
The Shailesh J. Mehta School of Management (SJMSOM) in Mumbai offers several advantages to its students. According to a report, the highest salary package for the 2022 batch at SJMSOM was approximately 49.39% higher than the previous year, at INR 49 LPA. The average salary for the 2020-2022 batch was also 18.1% higher than the previous year, at INR 25.9 LPA.
SJMSOM attracts highly prestigious companies for recruitment, including JP Morgan, ICICI Bank, Infosys Consulting, KPMG Global Services, PwC India, Wipro, and MAQ Software, among others. The smaller batch size at SJMSOM allows for more opportunities for students to participate in activities and committees, promoting their holistic development.
SJMSOM also offers a high number of live projects and industry interaction sessions, providing students with knowledge and experience beyond what is found in textbooks. When considering SJMSOM as an option, students may also be considering other institutes such as IIM K or IIM I. It is worth noting that while IIM Trichy is a good college, new IIMs may still be in the process of establishing themselves.
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.
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