While many may shed their philosophies on how getting a high package should not be your ultimate goal and stuff, I am here with a different opinion. When you are investing a huge amount of money it is only right to expect a greater monetary benefit and a better lifestyle. So I have mentioned some techniques that will help you land a package of 30 LPA specifically in the field of marketing post-MBA from IIM ABC, FMS, MDI, SPJIMR, and IIFT.
These points will help you get your dream job but cannot necessarily guarantee it. It all ultimately depends on your efforts and obviously your luck.
IIM Ahmedabad, Bangalore, Calcutta, and Lucknow are not suitable for the operations stream. If you are certain that this is the path you want to take, NITIE is the best option for you. The fact that the fees are less than half those of IIM C is an added bonus.
If you are unsure of which stream you want to pursue a career in or if you prefer a stream other than operations, IIM Calcutta is the best option.
Consider fees as an added benefit to NITIE. Do not consider it a deciding factor in your studies. Obtaining loans is simple; banks practically beg to lend to you. And once you graduate from college, you will be financially secure enough to cover your student loans.
The following are some notable IIM Calcutta alumni:
Indra Nooyi, who is the ex-CEO of PepsiCo
Ajit Balakrishnan, the Founder & CEO of Rediff.com
Sunil Duggal, the ex-CEO of Dabur
Ramachandra Guha, Indian Historian and Economist, a columnist for The Telegraph, Hindustan Times, best-selling author.
Gopal Vittal, CEO of Bharti Airtel
Amish Tripathi, Indian diplomat, columnist, and author, known for his novels of Shiva Trilogy and Ramchandra Series
Nishi Vasudeva, former Chairman and MD of HPCL
The list goes on.
IIML is clearly superior to MDI in non-marketing specializations in terms of placement. However, IIM I, K, and MDI are generally equal in terms of placements, except for a few banks that specifically seek out the IIM tag at I&K. If you work equally hard at either campus and all other operational factors are constant, you will likely end up in a similar position whether you choose MDI or I or K. However, as mentioned before, IIML still has the edge and requires more effort if you're in the finance or consulting field.
If you're interested in MDI, it's worth noting that recent placement reports show more and more prestigious finance and consulting companies are visiting the campus. This has helped MDI deliver well-rounded placements. So, if you're willing to put in the work, MDI could be a good option for you.
IIM Calcutta does not release exact figures regarding its placement and more so for its Executive programs.
According to the in-depth study of last placement reports, the profile of PGPX students at IIM Calcutta should be:
Average work experience of around 8 years
Work experience from IT sector
Should have already been earning 30-40 LPA
This information is just based on assumptions and exceptions can take place.
When comparing the placements of the two, ISB and IIMs, the batch size hardly matters because both institutes market different products. The background and profiles of students of both institutes are too versatile to draw comparisons. If I roughly divide the ISB students and the kind of placement scenario they face then
So the batch size does not matter here and ISB Hyderabad placements are themselves quite satisfactory.
The overall rankings of FMS Delhi and IIM A/C are comparable (IIM A & C rank better than FMS in terms of placements and college life though).
FMS has its own set of advantages, such as the best ROI in India and placements in the core Finance domain, among many others. You must have performed exceptionally well on CAT 201 to receive a call from FMS. Asking yourself the following questions will help you retake the CAT.
What do you hope to gain from your post-graduation experience?
Start a career at a high salary, get a brand name, or develop your own personality by staying and studying with the industry's best minds.
Which field do you want to begin your career in?
Consulting/core finance/marketing, for example.
Are you willing to invest a year of your life to prepare for the CAT again, and are you confident of scoring 99+ percentile in 2019?
The maximum amount of money you can afford to pay in fees.
The answer to your question depends on the reason why you are willing to pursue an MBA and if the reason is strong enough to go for an MBA at the age of 29 years. See, age should never be a restricting factor especially when it comes to education. But your purpose should be well-defined and crystal clear. Pursuing MBA vaguely just to venture on new opportunities or career options might do you more harm than good. So the primary step in deciding if an MBA at 29 is good or not is to analyze your purpose. If you are changing streams for instance moving to Finance or MC, you need to know that your pay scale might see a new low.
I have another suggestion for you. Why don’t you compare the two programs;
Compare the curriculum and prospects of these two programs. The reason why I suggested to you research the Executive program is that many experienced professionals (almost 95%) prefer the Executive program over the regular program. It suits their needs better.
The 2-year program is suitable only if you are looking for an internship and I Don't think that is the case for you. Moreover, if you consider the major aspects like classroom experience, rigor and placements, the Executive program is far more a viable option in your case. It will also allow you to reap the maximum benefits in less time. So do your part of the research and make an informed decision.
Placements at IIM Calcutta are modified versions of the Stanford Prison Experiment that involve less physical abuse but ruthless psychological torture. And it is past time that CAT aspirants and the general public were made aware of this. It is also an attempt to raise awareness among the Institute's Board of Governors, faculty, and other stakeholders. It also reflects utter dissatisfaction with IIM-C Alumni who graduated in recent years and failed to take any action or stand up for what is right, despite knowing what goes on here.
Yes, the Placement Committee members were recently subjected to a Non-Confidence Motion because a majority of final-year MBAs finally took a stand against the oppressive regime. If you fail to attend company PPTs or a Wing mate fails to attend due to illness, your entire wing will be barred from at least three companies. Unless you're a friend or a beloved, of course. Nobody holds PlaceCom accountable.
The PGDBA program offers a rare opportunity for students to get a blend of academic patterns from 3 institutes (IIT, ISI, and IIM).
Test pattern: 3 hours and 50 questions
Marking scheme: 3 marks for every question, negative marking (-1)
Syllabus:
VERBAL ABILITY: Reading & Comprehension; Grammar/correction of sentences.
LOGICAL REASONING: Logical connectives, Statements and Conclusions, Matching and sequences.
DATA INTERPRETATION AND DATA VISUALIZATION: Data driven questions (pie charts, graphs, trends).
QUANTITATIVE APTITUDE: Sets, combinatorics, Algebra (solutions of quadratic equations, inequalities, simultaneous linear equations, binomial theorem, series, AP, GP, HP, matrices), Euclidean geometry, Coordinate geometry (lines, circles, conic sections), Trigonometry (triangles, trigonometric identities, heights, and distances), Calculus (functions, limits, continuity, derivative, maxima & minima, methods of integration, evaluation of areas using integration).
The level of difficulty of these questions is that of class 12th.