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Why should I choose IIMK over IIMI?
My brother was confused about the same. He later decided to go for IIM Kozhikode. Some reasons that helped him take this decision are
- Smaller Batch-size: IIM Kozhikode has a smaller batch size (475 students) in comparison to IIM Indore (572 students). The reason for it being the IPM program merging with the PGP Program. The placements are affected and the larger the batch size the fewer opportunities you will get.
- Lower fees: The fees of IIM Kozhikode are a bit lower ( INR 20,50,000) than IIM Indore (INR 21,14,222). So with almost the same curriculum and opportunities a lower fee is better.
- Location: Kerala is God's own country. You will not regret stepping into the serene campus of IIM Kozhikode. Moreover, you can explore Southern India which is filled with natural beauty.
- New culture: The culture of South India is very different from that of Central and Northern India. So you get to learn new things and traditions.
Apart from these differences, both IIM Kozhikode and IIM Indore are similar with respect to their status, faculty experience, Alumni network, equality and diversity of students, and foreign exchange opportunities.
How is the FPM in Finance at IIM Indore, Lucknow, Kozhikode?
The FPM or the Fellow Program in Management is a full-time, residential, fully financially supported doctoral program of the Indian Institute of Management Kozhikode.
One of my friends joined IIM Kozhikode for research under financial accounting and control. According to her, the first year is full of rigor and a rigid curriculum. The FPM students share the curriculum with MBA students in the first year along with 3 FPM courses. The shared curriculum enables them to get in insight into various aspects of Management.
Like the first year, the second to has 3 semesters of 3 months each. This year comprises core FOm courses that give a depth understanding of methodologies and various econometric tools.
One major drawback my friend faced was the improper ratio between the number of courses and their period of study. The second year has 7 courses in each term which imply 12 days per subject which is insufficient. If we consider the 30 hours of classes per course, it means we attend classes for 210 hrs ( appr 8 days).
So IIM Kozhikode no doubt offers top-notch facilities and resources but you will have to prepare yourself to physically and mentally tire yourself to avail of them. FPM is an excellent course for research aspirants and not for casual learners.
How is the food and hostel facility at IIM Kozhikode?
Having taught at multiple Indian management colleges in the past, I can say for sure that IIM Kozhikode has some of the most well maintained hostel rooms. ISB is at par with IIM Kozhikode in this respect.
The hostel rooms at Kozhikode have balconies with a nice view. The surroundings are clean and green. The washrooms, even the common ones, are in great condition. The newer hostels offer rooms with attached washrooms. The rooms are cleaned every day, and the furniture is in good shape.
The mess offers decent food with limited options. After a while, the mess food becomes monotonous and boring. But eateries are easily available outside the campus. The hostels have a night canteen facility which offers convenient access to snacks at late hours.
IIM Kozhikode offers good food and hostel facilities, so you need not worry in this regard.
Which is better, IIM Kozhikode or IIM Udaipur?
It is true that, at the moment, IIM Kozhikode is regarded as being a more powerful institution than IIM Udaipur. This is most likely due to the fact that IIM Kozhikode has been in operation for a longer period of time and has had more time to build its reputation and resources. However, it is important to note that this comparison is not entirely fair because IIM Udaipur is a relatively new institution with less time to develop than IIM Kozhikode.
In the long run, things could change and IIM Udaipur could eventually compete with IIM Kozhikode on a level playing field. This would almost certainly necessitate IIM Udaipur continuing to invest in its resources and reputation, while also ensuring that IIM Kozhikode does not continue to outpace it. Furthermore, it would necessitate IIM Kozhikode to slip from its position of relative strength, which is not guaranteed.
It is important to note that when comparing institutions, it is important to consider more than just their reputation or past performance. Other factors to consider include location, campus culture, industry connections, and the quality of faculty and students. Finally, it is up to each student to determine which institution is the best fit for them.
Can I prefer SPJIMR over IIM IKL?
Yes, one can definitely choose SPJIMR over the three IIMs IKL. To answer the why part, I have individually compared each IIM to SPJIMR and justified why SPJIMR is a better choice in all the 3 cases.
IIM Indore
SPJIMR over IIM Indore is a choice as everyone is aware of the huge batch size at IIM Indore which becomes a major obstacle during placements. Moreover, it gives a lot of weightage to past academics so it’s not a good option for those who fared average during 10 and 12 but are now ready to face challenges.
IIM Kozhikode
The only aspect in which Kozhikode has an upper hand when compared to SPJIMR is the campus beauty and I am sure this is not the most important criterion for judging a college at all. SPJIMR offers a more innovative and structured curriculum, a smaller batch size combined with the chance to live in the city of Dreams. The only aspect that it lacks in comparison to Kozhikode is the fact that you have to choose your specialization during admission itself whereas Kozhikode gives you a year's time to do so. Then again if you are certain of your specialization, nothing is better than SPJIMR.
IIM Lucknow
Honestly speaking many might consider IIM Lucknow a tad bit better than SPJIMR and rightly so. When it comes to consulting and Finance, IIM Lucknow is a better option. It also attracts the best profile and not the kind accepted at SPJIMR. Additionally, the batch comprises IITians majorly who are there for the tag. These geniuses create tough competition which is lacking in the case of SPJIMR. This turns out to be a benefit for SPJIMR as students who are not at the top are able to get good roles at top consulting firms. So in terms of Finance, Consulting, and IIM tag, IIM Lucknow seems to be better but is similar to SPJIMR in all other aspects.
What is the difference in the career path between an MBA from the IIM (BLACKI) and the NMIMS Mumbai? Is it worth leaving the NMIMS and try again next year for the IIM (K)?
When it comes to choosing between IIM ABCL and NMIMS, it is true that IIM ABCL holds a better reputation. However, it's important to note that many companies that visit IIM I and K also visit the NMIMS campus. In terms of compensation and job profiles, there isn't a significant difference either. So, if you perform well at NMIMS, there's a high probability that your career path won't be different from those at IIM K and IIM I.
While it would have been ideal to opt for IIM I, K, or ABCL if you had the choice, if you're not entirely confident about securing a seat in one of these top-tier institutes, NMIMS is still a great option. It's also essential to keep in mind that work experience is a crucial criterion for shortlisting in all companies, and anything below 2 years is considered quite impressive.
It's essential to have a clear understanding of the differences between IIM ABCL and NMIMS. While the former has a better brand name, the latter can provide you with a well-rounded experience as well. It ultimately comes down to your performance and how well you can leverage the opportunities provided to you. With a strong academic background, aptitude, and personality, you can excel at either institute and make a successful career for yourself. So, don't stress too much about choosing between the two and instead focus on preparing yourself to perform well at whichever institute you ultimately choose
How many people do BCG and McK hire from IIM Kozhikode? What fraction of them have no previous experience in consulting?
BCG and McK have a long standing relationship with IIM Kozhikode. The recent figures have seen an increase in the number of placements. The table below will help you get an overview of the same:
|
Course |
BCG |
McK |
|
PGP18 |
4 |
2 |
|
PGP19 |
8 offers, 2 final |
1 |
|
PGP20 |
2 |
1 |
|
PGP21 |
8 |
2 |
|
PGP22 |
6 (summers) |
- |
As you can see BCG hires more than McK although there has been an increase in both. IIM Kozhikode is becoming famous for its excellent placement drives with visits from reputed firms like Accenture, Deloitte S&O , EY , PwC and KPMG.
Will the new liberal studies and management programme at IIM Kozhikode have good placement assurance?
As a former student of IIM Kozhikode, I want to make it clear that no program offered at any of the IIMs comes with 100% placement assurance.
You’ll be offered the best placement assistance, but they can not guarantee a job. Moreover, the placement process at IIMs is mostly run by students. It is unlike private colleges, where large teams work to make the students placement ready, and also bring in companies during placement season.
I would hence suggest you choose IIMK not just for placements, but also to attain high quality education and exposure.
What is better if I want to do an MBA in finance: JBIMS, IIM Shillong, or IIM Kozhikode?
With Kozhikode having completed its 20th year and psychologically establishing itself as one of the older IIMs, placements in finance have been better this year. Some of the big brands that visited IIM K but not JBIMS include Credit Suisse, Bank of America Continuum, Deutsche IBD, Deutsche GTB, and a few others. While some companies, such as India Bulls, visit JB every year due to its proximity, the placement season at K saw many new and prominent first-time recruiters, such as CS, BoFA, IDFC, and others. The only big name missing from K's portfolio is Standard Chartered, which happens to be a regular recruiter at JB.
Overall, K is shifting toward a more balanced finance portfolio, with DB, GS, and JPMC providing middle office IBD roles, DB, Axis, ICICI, Yes Bank, Citi Bank, IDFC, Edelweiss, and Indus Ind providing corporate banking/treasury roles, and SBI Caps and Entrust providing front end IBD/asset management.
Will IIM Kozhikode allow LSM students to sit for consulting companies?
Yes, IIM Kozhikode will likely allow the LSM students to sit for consulting companies. It is the Placement Committee that offers the consulting companies the best students. So they will surely highlight the benefits of this course to potential recruiters. Students from any course are not restricted to sit for placements at all. Even the ups and downs of the placements are controlled by the General Management and not the institute itself.
This program is likely to produce all rounded talents so consulting common should definitely hire a few to create talent for the company.
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