Both programs have their own merits and demerits. Yet I am here to talk about XAHR’s MBA-HRM only. I will further list down some points in favor of my inclination toward this program particularly.
All these features make the XAHR’s MBA-HRM program one of the most coveted courses in this field.
Except for IIM Rohtak, the new upcoming IIMs like Trichy and Ranchi face tough competition with SP Jain. They are almost in the same league based on certain parameters and are bound to overtake SP Jain in the future. Let’s discuss some of these parameters
All in all, there are high chances of the new IIMs taking over SP Jain anytime in the near future.
Your choice of college depends on your personal preferences and interests. One college might be suitable for you but not for others. So your question is subjective and cannot be answered directly.
Every individual ranks a college depending on his own perspective and goals.
I think the best way is to contact students or pass-outs from respective colleges, collect data and then make a decision based on your research and then your preference. You can also look up the official websites of the college to collect relevant data. Find out the parameters that matter to you the most in your choice of college. Some include placements, diversity, location, batch strength, or faculty. Do your part of the research and then choose the college that fulfills the maximum boxes in your priority list.
When it comes to deciding which of the second-generation IIMs is the best among IIM Trichy, IIM Raipur, IIM Ranchi, it is important to note that all three institutions were established around the same time. As a result, it is too early to make an accurate determination of which is superior.
In terms of placement opportunities and the types of profiles offered, the three IIMs are quite similar. However, it's important to note that each IIM has its own unique strengths and weaknesses, and what may be the best fit for one student may not be the best fit for another.
Therefore, before deciding on a business school, it's crucial to set your own criteria and consider what factors are most important to you in terms of the curriculum, campus culture, location, and career opportunities. Additionally, it's recommended to research and visit each campus, and talk with current students, alumni, and faculty, to get a better idea of which IIM aligns better with your goals.
IIM Ranchi's MBA placement drive for 2022 saw 77 companies visit the campus for recruitment. The highest and average packages offered during this placement drive were INR 42 LPA and INR 16.62 LPA, respectively.
IIM Trichy's final placement report for 2022 showed that the institute attracted over 110 industry giants who offered a variety of job roles in Sales & Marketing, Finance, Consulting, IT & Analytics, Operations, and HR. The highest and average packages offered during this placement drive were INR 34 LPA and INR 17.01 LPA, respectively.
There are several ways to compare the quality of MBA programs at new IIMs such as IIM Ranchi and IIM Trichy. One method is to look at student performance and perception as reflected in B-school surveys. You can also try finding information about the experiences of graduates from these institutes. Another way to gauge the quality of an MBA program is to look at the performance of students in competitions, such as recruitment challenges, quizzes, paper presentations, and management fests. While these events can provide insight into student abilities, they may not necessarily reflect the capabilities of the faculty at a given institute.
To get a better understanding of the faculty of an MBA program, you may want to consider the learning approach of the program. A good MBA program will have faculty members who have both studied the subject area extensively and have practical experience in the field. You can also look at the clubs and events related to marketing at the institute, as well as any visiting faculty, guest lectures, workshops, or training that have been held in the last one to two years. A reputable institute should make this information publicly available.
The first-generation IIMs clearly have many advantages over the second and third-generation IIMs. Some major differences include
If you are looking just for a brand name and high ROI, then your options are
If you are looking for legacy, established alumni, and faculty with decades of experience within the same institute, your options are
Now let me further elaborate on the last 2 colleges.
IIFT: This institute is a good option for people who wish to get into International business. I can any day prefer IIFT over the new IIMs.
MDI: MDI specializes in Marketing so anyone interested in this sector can go for MDI.
So it eventually depends on you and the specialization you want.
Without a second thought, I will say IIM Trichy is the best among these IIMs. To elaborate on my opinion, let’s compare the 3 IIMs on the bases of the following factors
Location: Both Udaipur and Ranchi face a considerable location advantage because of which they have been suffering. Trichy on the other hand enjoys a location advantage owing to its close proximity to Bangalore and Chennai. It lies in the belt of industries.
Infrastructure: The infrastructure of IIM Ranchi is also one of its drawbacks. The classrooms are boring with no case discussion at all. The living conditions here are also scary. IIM Trichy and Udaipur both have excellent infrastructural faculties. IIM Trichy has its own campus which differentiates it from other baby IIMs.
Faculty: The faculty at IIM Ranchi is substandard with very less caliber. They don’t let students question or discuss their teachings. The faculty at Udaipur is better than Ranchi yet, they have started leaving gradually for better IIMs. IIM Trichy on the other hand boasts of a well-learned and experienced faculty.
Placements: The placement scenarios at Ranchi and Udaipur are both very average. While Ranchi complains of inflation, Udaipur only faces serious problems of low package offers. Whereas the placement figures at IIM Trichy are excellent owing to its connectivity.
So the final order is - IIM Trichy>IIM Udaipur>IIM Ranchi
IIM Trichy is an institute that has demonstrated significant improvement in recent years and is focused on becoming one of the top 5 IIMs. It has a strong connection with industry, which is further strengthened by the presence of its Chennai Centre, which directly connects with industries across India. The institute also receives close mentorship from IIM Bangalore, allowing students to receive lectures from the best professors at both IIM Bangalore and IIM Calicut.
In terms of placements, IIM Trichy has consistently performed well. The MBA (PGPM) 2020-2022 batch achieved 100% placement, with a 15% increase in the average salary, which rose to INR 17.01 LPA from INR 14.85 LPA the previous year. The final placement report for 2022 showed that over 110 industry giants offered a variety of job roles in fields such as sales and marketing, finance, consulting, IT and analytics, operations, and HR. The highest package offered during this placement drive was INR 34 LPA.