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How good is IIM Kashipur?
Honestly, IIM Kashipur does not do justice to the other IIMs in its worth. Under the pretext of being an IIM it has gained little fame but the reality is far from different. My cousin got an offer from IIM Kashipur but decided against joining it. The reasons that led him to make this decision are
- Location: IIM Kashipur experiences some major location disadvantages. Neither is it connected to central India nor does it offer a diversity of locations.
- Low ROI: After spending a massive amount of IIM Kashipur ( INR 1730000), everyone wants a high-paying job. But the entry-level offers available at IIM Kozhikode were below average.
- Weak alumni base: The alumni base at IIM Kashipur is rather weak as compared to other IIMs.
- Less number of reputed companies come for placements: The biggest brands either don’t come to the campus of IIM Kashipur or offer limited roles only.
So if the placement numbers attract you here, you are more than welcome. But remember IIM Kashipur is not at par with other IIMs.
Will it be an absolutely horrible decision to choose IIM Kashipur over NMIMS Mumbai just for the IIM tag?
Rather than judging your decision, I will list down some merits of both colleges and leave the rest for you to choose from.
Reasons why one should choose IIM Kashipur over NMIMS:
- Smaller Batch-size: IIM Kashipur has a relatively smaller batch size than NMIMS. This means the placement opportunities will be better and attention given to each student will be more.
- Lower fees: Mumbai fees are around 21 lakhs for two years. Also, it does not include the accommodation and food expenses that a person will have in the two years. The minimum expenses in a city like Mumbai will stand at 20000. The total fee is much higher than IIM Kashipur ( INR 1730000).
- Specializes in Operations: The leading domain of IIM Kashipur is operations whereas NMIMS has limited scope for the same.
Reasons why one should join NMIMS:
- Better opportunities in terms of companies, packages, and roles than any other new IIM
- Better location than the new IIMs
- Strong alumni base
So if you are confident that you can remain among the top 200 go for NMIMS, else IIM Kashipur it is.
What is an average salary of IIM Kashipur?
IIM Kashipur maintains a good placement record every year. The final placement report for the MBA batch of 2022 has been released.
Highest Salary: INR 28.82 LPA
Average Salary: INR 15.21 LPA
Number of students: 322
Number of offers: 365
A total of 365 offers were made and more than 150 companies visited the campus during IIM Kashipur MBA placements 2022. During the placement drive, the highest number of offers came from the IT & Analytics sector. 39% of the offers came from the IT & Analytics sector, 30% of the offers came from the BFSI sector, and 11% of the offers came from the Management Consulting sector. Less than 10% of the total offers came from E-Business, Retail, Manufacturing & other sectors. Some reputed firms that visited the campus for placements are
- Virtusa
- Flipkart
- GEP
- HP
- Loreal
- Accenture
- Deloitte
- Adani Wilmar
- EY
- Dell
- Cognizant
Why is IIM Kashipur the least preferred IIM among the new ones?
Honestly, I wouldn’t call IIM Kashipur the least preferred but the most underrated IIM. It’s at par with all the IIMs with respect to placements, infrastructure, faculty, student-teacher ratio, and rigor. Yet it’s highly underestimated owing to its single disadvantage of location.
IIMs welcome students from all over India. But the students from South or North-East India find it rather difficult to first travel to Delhi and then travel by Road or Rail to Kashipur. They prefer their comfort over anything.
The other reason is that most IIMs have been able to establish a uniqueness about themselves. IIM Kashipur lacks in this aspect. IIM Rohtak is the oldest and closest to NCR, IIM Udaipur attracts students based on MHRD ratings, IIM Trichy made itself known as a CFA Recognised Institute under the Institute University Recognition Programme and IIM Ranchi has the best placement opportunities. IIM Kashipur has failed to market itself on a particular aspect and thus is underestimated.
Is it worth it to go into 6 new IIMs (Ranchi, Rohtak, Raipur, Udaipur, Trichy & Kashipur) rather than going for an MS?
Before choosing a college, try to make sure what you are really interested in. If it is MS then don’t go for any IIM. This is because you can pursue an MBA later in life if MS did not work for you. But you will not get the chance to choose Ms after your MBA. Also since it’s your area of interest, chances are you might find your talents and may want to work on them.
Now if you are sure about the course but confused about the IIMs, I will give you my honest opinion. The new IIMs are enjoying fame and glory owing to the achievements of their predecessors alone. They haven’t done much to attain the level of older IIMs. These new IIMs are poorly organized. The faculty is below average, the infrastructure is substandard and the teaching is pathetic. Yet they are here to claim the coveted IIM tag.
So if you are someone for whom the tag of IIM and its high placement matters only, you can surely go for a new IIM. But if you value education over institutions then base your decision on research.
Who are some of the famous alumni of IIM Kashipur?
Names of some of the most notable IIM Kashipur Alumni are as follows.
- Deepankar Srivastav - SMT at HCL Technologies, Noida
- Keya Halder - Head of Sales and Marketing at Kantag
- Rishu Agarwal - Creating India’s Largest Digital Farmer Community
- Osheen Vohra - Business Analyst at Deloitte
- Aswin N - Business & Integration Arch Specialist at Accenture
- Anshuman Kaler - Associate Professor at AKTU, Lucknow
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