Get Answers on Test Preparation, Admissions & Campus Life
Study Abroad Countries
How are SIOM and SIBM B as compared to tier 4 and tier 5 IIMs like Ranchi, Raipur, Udaipur, Nagpur, Amritsar, etc.?
IIM Trichy, Ranchi, Raipur, Udaipur, Kashipur, and Rohtak are way ahead of SIOM and SIBM-B. The average package at these new IIMs is greater than INR 11 LPA whereas the lowest packages at these institutes are around INR 6.5-7.5 LPA. You will be astonished to know that the lowest package at these IIMs is almost equal to the average package at SIOM and SIBM-B.
Moreover, IIMs is in itself a brand and therefore promises better growth. This is the reason that these new IIMs despite their early establishment are at par with SIBM-Pune and SCMHRD.
Are New IIMs (Trichy, Udaipur, Ranchi, Rohtak, Raipur, Kashipur) good for MBA in Finance? If not suggest some B-schools. Really interested in investment banking.
Honestly speaking, a career in investment banking should not be considered by the new IIMs. It’s a too ambitious profile to match the relatively new curriculum of these IIMs. Even if you are in a top B School, you will have to remain among the top students to get placed for a front-end role. One can still get roles in corporate & business finance but getting roles in Investment Banking is rather difficult.
Yet if you are not choosing an older IIM and want to choose a newer one, IIM Trichy is the best among them. The order is
IIM Trichy > IIM Udaipur > IIM Ranchi
There are many B Schools apart from IIMs that offer great Investment Banking roles. These include SPJIMR, JBIMS Mumbai, IIFT, and XLRI.
Should I take IIM-Kashipur/IIM-Raipur or take the CAT &/or GMAT again?
I know this decision is a bit difficult to make. What you need to keep in mind is that these two colleges should not be compared to other great IIMs or even ISBs. Those B Schools are at another level and cannot be on par with Kashipur or Raipur. To facilitate a better decision, I will mention the circumstances of these B Schools then you can choose after considering all options.
- IIM Indore and IIM Kashipur: Both these colleges are not worth a year drop as they will help you earn only an extra 1.5-2 LPA. Moreover, in the coming years, Kashipur and Raipur will have almost the same brand value as that Indore and Kozhikode.
- IIM Ahmedabad, Calcutta, Lucknow and Bangalore: All these top IIMs are definitely worth a year's drop provided that you are confident enough to cope with the cutoff. All these IIMs consider your academics while selecting so if that is your reason for the year drop I don’t think it will help. There is no surety of admission even after a percentile of 100.
- ISB: This one is at a whole different level and is in the category of elite B Schools like UCB, NYU, HBS, etc. The top-notch faculty offers amazing pedagogy at relatively low fees.
CAT is sufficient for IIMs. But if you want to go for ISB, a work experience of 4+ years and a GMAT are a must.
Which new IIM (Udaipur, Ranchi, Raipur, Rohtak, Trichy and Kashipur) has the potential to join the league of ABC in future? Why?
Comparing the new IIMs with the IIM ABC is rather ridiculous and not justified. Considering factors like infrastructure, faculty, and alumni base, the top IIMs are way ahead of the new ones. Even if the new IIMs tackle the infrastructure and faculty issue they can never match the extraordinarily strong alumni base of the older IIMs. The IIMs A, B, and C have given birth to many geniuses that have contributed largely to Indian society in various fields like arts, literature, sports, etc. They have even made impressions globally.
No matter how fast the new IIMs climb up the ladder and excel, they will never be able to match the alumni base and worth of older IIMs.
I'll convert IIM Udaipur, probably Raipur and Kashipur, DBE DU as well. Which one should I take considering I am in a tight financial corridor currently and would have to take a 7 digit loan for IIMs?
All the IIMs offer great educational loans so financial problems are not a major issue here. Many banks are lined up to offer loans at very low interest to the students at the time of admission. The ROI is also great compared to DBE. Apart from that the IIM tag will also open multiple opportunities for you. But if you are confused about the 3 IIMs, I will enlighten you about the culture of each. This might help you make a better decision.
IIM Udaipur: Academic rigor
IIM Raipur: Discipline
IIM Kashipur: Overall rigor
So make the choice based on your own preferences.
What will be the TCS package while joining from LWP (leave without pay) after doing an MBA from the new IIMs (Raipur, Udaipur, Kashipur etc.) with prior experience of 29 months in the TCS?
A person joining TCS after completing an MBA from the new IIMs with a prior work experience of more than 2 years will earn around 8 - 10 LPA. The consulting roles usually offer a salary package of around 8 LPA at TCS to a B School graduate. But your prior experience and performance with TCS might also affect your package with an increase of up to 10 LPA (maximum).
Considering that my profile is: 10th- 89.2 12th- 74.2 Grad. (Engg)- 8.5 PG- 8.0, which one is better: the NMIMS Mumbai, the IIM Rohtak, the IIM Raipur, the IIM Ranchi, the IIM Trichy, the IIM Udaipur
The aspects of judging a college’s worth depend on the following factors
- legacy
- alumni experience
- perception among peers
- quality of students
- faculty
- institute culture
- events and activities
- pedagogy
- Summer and final placement opportunities
NMIMS renders you short-term advantages but IIMs offer many long term advantages. Even the faculty is better at IIMs than at NMIMS. But being a new institute, it lacks an alumni base. Any far-sighted person can definitely say that your IIM tag will help you in the long run.
Now based on your list, the order is
IIM Udaipur>IIM Ranchi>IIM Trichy>IIM Rohtak> IIM Raipur>IIM Kashipur
What are the realistic chances of converting IIM Ranchi, Trichy, Raipur, Udaipur, Kashipur calls for an NC-OBC engineer male at an 80.2 percentile?
Yes, you do have a chance to convert calls from IIM Kashipur. However, I will suggest that you aim for at least 95 percentile.
The minimum marks required to be eligible for admission are known as cutoff marks. The table shows the cut-off for shortlisting candidates for WAT and PI rounds (NC-OBC) category
|
QA |
45 |
|
DILR |
45 |
|
VARC |
45 |
|
Overall |
74 |
Other parameters that determine your chances include work experience, profile, academic and work profile, WAT/PI and CAT score also. Their respective weightages are
|
Components |
Weightage |
|
CAT |
25 |
|
PI |
5 |
|
Class 10 |
5 |
|
Class 12 |
5 |
|
Graduation Marks |
5 |
|
Post-Graduation Marks |
5 |
|
Work Experience |
15 |
|
Academic Diversity |
6 |
|
Gender Diversity |
6 |
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 Raipur?
Some of the famous IIM Raipur Alumni are as follows.
- Pranay Mondal - Regional Manager at IndiaMart
- Chinmaya Joshi - Senior Analyst
- Tanmoy Mondal - HCL Technologies
- Emdadul Alam Kazi - Associate Investment Banking
- Yugendra Chaudhari - Marketing Intern at HCL
- Abhishek Pratap - Business Leadership Trainee at Polycab India Limited
SUBSCRIBE TO OUR NEWS LETTER
