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Can a person graduating from IIMs like LIK and even the new IIMs like Ranchi and Trichy ever catch up to the graduates from ABC and get a similar package?
- Students who have graduated from IIM LIK can catch up to IIM ABC relatively easily or may end up at the same level by the end of their postgraduate program. IIM Trichy will eventually catch up with IIM LIK, though it may take around 5 years. IIM Ranchi, on the other hand, will take longer to reach the same level.
- IIM LIK catching up with IIM ABC may take 3-8 years. With the presence of good FMCG/Consulting/Financial Services Companies, a jump or two could bring them to the same level. IIM Trichy and Ranchi will take a very long time to catch up with IIM ABC in this category.
- The top 10% of students from IIM LIK and IIM ABC evolved as toppers after at least 18 months of hard work. There will be a significant difference between anyone in this category, regardless of whether they are from IIM ABC or LIK. While there may be a difference in starting packages due to the reputation of the institute, it will be made up for in subsequent years. It is not clear how long it will take for students from IIM Trichy or Ranchi to reach this level.
If IIM KI is 8/10 (ABC being 10/10) where does IIM Shillong and IIM Trichy stand?
Here are my ratings for the IIMs
- IIM Ahmedabad Bangalore Calcutta: 10
- IIM Lucknow: 9
- IIM Kozhikode and Indore: 7.9
- Other second-generation IIMs: 7.6
- New third generation IIMs: 6.8
The above rankings have been done on the basis of age, placements, and research. I don’t think these factors are enough to rank IIMs.
Another major parameter of comparison is the duration of the establishment.
- First generation: (est before 1984) Ahmedabad Bangalore Calcutta Lucknow
- Second generation: (est. before 2000) Indore and Kozhikode
- Third generation: (est. around 2009) - Ranchi, Raipur, Rohtak, Trichy, Udaipur, Kashipur, Shillong
- Fourth Generation: New IIMs (after 2014) - 7 IIMs
Most of the FT rankings and online rankings are based on this parameter. In reality, every IIM has top-notch faculty, infrastructure and placements m. Yet the new IIMs will take some time to reach the top.
What’s the minimum percentage required for admission in IIM Indore and Kozhikode?
Depending on the candidate's profile, an IIM callback minimum percentile may apply. In addition to CAT exam results, a number of other factors, including academic standing, work history, professional certifications, gender diversity, and others, are taken into consideration during the top IIMs' admissions process. Each IIM has a different approach to how much importance it places on prior academic performance. IIM Indore, for instance, places a lot of emphasis on performance in the 10th and 12th grades.
- At IIM Kozhikode:
Three steps make up the IIMK admissions process:
- Stage 1 requires Minimum qualifications.
- Shortlist for Stage 2's Written Ability Test (WAT) and Personal Interview (PI)
- The Third Stage is the Final Selection.
- At IIM Indore:
People who consistently perform well in school are known to receive rewards from IIM Indore (especially in 10th and 12th). There are three stages to the IIM Indore admissions process:
- Stage 1 is the Requirements for Eligibility
- Shortlisting for the Written Ability Test (WAT) and Personal Interview at Stage 2 (PI)
- Final Selection at Stage Three.
This is a general overview of the IIM Indore and Kozhikode admissions process.
After a B.Tech from an IIT, should one go for an MBA from IIT Bombay / Delhi or from newer IIMs like Kozhikode or Ranchi?
The answer to your question is objectively based solely on your inclinations. IITs might offer a better ROI than IIMs. But had I been in your place I would have gone for the newer IIMs like Kozhikode or IIM Ranchi which is one of the fastest-growing IIMs. The reasons for taking this decision would have been
- Better opportunities in finance, marketing, and consulting domains.
- Better placement opportunities
- Better industry exposure
- The prestige of being a part of the IIM alumni network
- The IIM tag
All these points make IIM a more tempting choice. Yet if you are tight on budget and just want to go for the Operations domain IIT will do fine for you.
What are the differences between an older IIM like Indore and Kozhikode and a newer IIM like Ranchi, Rohtak, or Trichy?
The first-generation IIMs clearly have many advantages over the second and third-generation IIMs. Some major differences include
- Infrastructure: Thenodler IIMs have their own permanent campuses whereas most of the newer IIMs either function through a temporary campus or have a permanent campus that is not at par with the older IIMs.
- Faculty: The older IIMs have better experienced and learned faculty than the newer ones. Also, the visiting faculty is much better at these IIMs. The student and faculty strengths are therefore strong here.
- Placements: The older IIMs have long-standing ties with corporate firms and top companies excelling in the placements scenario and leaving behind the new IIMs.
- Corporate Exposure: The exposure at older IIMs is better than that of newer IIMs due to their early establishment.
What percentage is required on the CAT for admission to IIM Indore, IIM Lucknow, and IIM Kozhikode?
The CAT cutoff for admission to IIM Indore, IIM Lucknow, and IIM Kozhikode for the General Category has been tabulated below
|
Institute |
CAT Cutoff |
|
IIM Indore |
90 |
|
IIM Lucknow |
90 |
|
IIM Kozhikode |
85 |
What is the median base salary offered in IIM Ahmedabad, Bangalore, Kolkata, Lucknow, Indore & Kozikode?
Not every IIM discloses the placement statistics to the public. But we can definitely say that IIM Ahmedabad has the best placement statistics.
|
Institute |
Median Salary |
|
IIM Ahmedabad |
INR 31.49 LPA |
|
IIM Bangalore |
INR 31.20 LPA |
|
IIM Kolkata |
INR 31 LPA |
|
IIM Lucknow |
INR 29 LPA |
|
IIM Indore |
INR 24.09 LPA |
|
IIM Kozhikode |
INR 26.5 LPA |
The table above has tabulated the median CTCs of the institutes you asked for.
Hi Sir, is IIM Lucknow a better choice when compared to IIM Kozhikode?
My answer is from the perspective of an FPM aspirant. To draw a fair comparison I have considered the following parameters
Hostel:
The hostel facility at IIM Kozhikode is not very good. The first-year students have no married accommodation while the second or third-year students have very limited married accommodation. Sometimes the FPM students are adjusted with PGP students which is very disturbing.
IIM Lucknow has 2 spectate buildings for FPM students. Also, married accommodations are available from the 1 st year itself.
Food:
There is no active mess committee to pay heed to the complaints regarding substandard food. The menu is usually North Indian and is rarely followed properly. Limited South Indian food is available. Options outside the mess are also limited and not as per the taste of many.
IIM Lucknow has an active mess committee that takes care of the food and cleanliness of the mess. The menu has a variety of options and is changed every month to break the monotony. Famous for its food, there are many options to eat outside in Lucknow.
Academics:
The academics are very rigorous at IIM Kozhikode with tight schedules and deadlines. For FPM students, the minimum passing criteria are B- (2.67/4.33) which is 62% passing criteria. Whereas the minimum criteria to award a Ph.D. degree is at least one publication in “B” (ABDC) category journals.
IIM Lucknow has a relatively less rigorous curriculum than Kozhikode. The minimum passing criteria are 50%. Whereas the minimum criteria to award a Ph.D. degree is at least one publication in “C” (ABDC) category journals.
Apart from these major differences, the infrastructure, faculty, and college life are almost the same. So you can make a good choice now.
What is the scope after doing FPM from IIM Kozhikode What is the program about
The Fellow Programme in Management (FPM) offered at IIM Kozhikode is a source of excellent management researchers and faculty resources that contribute largely to academic institutions, industry, business, government, and society. The most common job undertaken by its fellows is becoming a part of academic institutions as a faculty member.
Some of the most reputed National Institutes have hired the graduates of FPM. Some of them include
- Indian Institute of Management (IIM) Indore
- Indian Institute of Management (IIM) Trichy
- Indian Institute of Technology (IIT) Madras
- National Institute of Industrial Engineering (NITIE), Mumbai
Other graduated fellows have also joined the reputed universities around the globe. Many work in Europe, North America, and the Middle East either as faculty members or as post-doctoral researchers. Some such Universities include
- Loughborough University, United Kingdom
- Durham University Business School, United Kingdom
- University of New Brunswick, Canada
- Strathclyde Business School, United Kingdom
- Middlesex University, Dubai
- University College of London
- University of St. Gallen
IIM Kozhikode does not prefer its graduates to work for the industry. They can contribute to it and occasionally work for it. But being employed by society is discouraged after this program.
Some FPM students who opted for non-academic jobs are now working in top positions at reputed firms. Some roles offered to them include
- Analytics expert
- HDFC Mutual Funds Lead
- Chief Technology Officer Research Team, WIPRO
- Dy. Manager (Systems), SBI
So the scope of this program is vast. You can never regret pursuing this program. You will excel in every field be it academics or non-academics.
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.
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