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Is MICA worth joining given the hike in their fees from 16.5L to 20L, and average packages standing at 12.8L? How good is it compared to SIBM Pune or IIM Shillong?
There are several factors that you should consider before deciding on a business school. Fee is one of them; though the fees you pay at any business school is not directly equivalent to the average package offered, so keep that in mind before making any decision.
Now, Management schools generally increase their annual fees by 10 to 20% every two years. For instance, in the year 2018, MICA increased their fees from Rs 16.5 lakhs to 18.5 lakhs and then last year, they increased it again to Rs 20 lakhs. Similarly, SIBM Pune increased their fees by 20 % in the year 2018. Thus, bear in mind that most business schools change their fee structure annually or bi-annually while it is a deciding factor, it is also highly common.
Tabulated below are the recent fee structure and average salary offered by the institutes:
|
Institute Name |
Fee Structure |
Average Salary |
|
MICA |
21 LPA |
13.9 LPA |
|
SIBM Pune |
18.8 LPA |
20.14 LPA |
|
IIM Shillong |
10 LPA |
18.76 LPA |
Comparison:
- MICA is a good management school in itself but when compared to other business schools, it falls short. The college needs to work harder to establish itself as a full-fledged business school when compared to business schools like SIBM Pune or IIM Shillong.
- The college offers great placements but the roles offered are very different from the roles a traditional MBA would offer.
- Placement offers are mainly from the Media and Advertising field. For instance, this year alone FMCG made up 23% of the placement offers while Media and Advertising companies made up approximately 31%.
MICA is an excellent college with a unique structure; people are creative and innovative there. The college will definitely help you grow and will offer you a very different and unique experience, unlike a traditional management school. While it is a good and upcoming college; it has to work to match up to management colleges like SIBM Pune and IIM Shillong.
Can a general category student convert IIM Indore or Shillong at 92 percentile? (With a reasonably okay WAT-PI) (with good academics but as a fresher)
While the selection process for admission to IIM Indore and IIM Shillong varies from year to year and depends on various factors such as the number of applicants, the quality of the applicant pool, and the cut-offs set by the institutes.
It is generally considered challenging to secure admission to these institutes with a 92 percentile in the Common Admission Test (CAT) as a general category student. But if you are from the EWS category then it is not that difficult. Also, the CAT percentile is just one of the criteria that are considered for admission to IIMs, institutes also take into account several other factors such as academic performance, work experience (if any), and performance in the Written Ability Test (WAT) and Personal Interview (PI).
If you have a strong academic record, try and perform well in the WAT-PI, and if you are able to demonstrate your potential for academic excellence and leadership, then you have a good chance of securing admission to IIM Indore or IIM Shillong.
Does the small batch size at IIM Shillong provide a considerable advantage during placements, compared to other IIMs?
Yes, the small-batch size at IIM Shillong or that at any new IIM provides a considerable advantage during placements. The older IIMs have a larger batch size therefore the competition is also tough. So an average profile will get an average CTC only. Whereas at IIM Shillong, the small batch size means lesser competition and better placement opportunities. With less talented people around, someone with even an average profile can get a high package.
The small batch size can be beneficial only if you have a decent profile. A below-average profile can not get you a good package even at a college with a smaller batch size like IIM Shill
I got 88 in 10th, 73 in 12th, and 75 in graduation. How much percentile do I need for IIM Shillong?
Admission to IIM Shillong may be competitive, as the institute places a strong emphasis on academic performance in its admissions process. While a score near 98 may be sufficient to be considered for admission, candidates who wish to increase their chances of being accepted (around 80%) may need to aim for a score closer to 99.
It is important for candidates to put in the effort to prepare for the admissions process and strive to achieve a high score in order to have a better chance of being accepted to IIM Shillong. It is advisable for candidates to take the necessary steps to improve their academic performance and increase their chances of being admitted to this competitive institute.
Which course should I choose between IIML ABM, SPJAIN IM and IIM Shillong PGP?
No matter which B School you choose, PGP is always a better choice than ABM. But there might be a specific reason why you got an ABM offer rather than a PGP. But at IIM Lucknow, students of both programs are offered equal opportunities. These include final placements. summer placements and subsequent PPOs.
The major drawback of ABM is that you are deprived of the PGP electives and can cover ABM electives only. These electives cover strategy marketing and operations.
Talking about your offer from SP JAIN for IM, let me tell you that in this regard, IIM Shillong is a much better choice. Its campus in Dubai is a testament to its worth.
Would it be a mistake if I choose IIM Trichy over IIM Shillong?
IIM Shillong has recently celebrated its 13th year, and this year's placements have been better than in previous years. These placements have been more successful than those at IIM Trichy, and the roles offered have also been of a higher quality. In terms of infrastructure, IIM Trichy has an advantage, but the faculty at both institutes is roughly comparable. Based on current trends, it is advised to consider IIM Shillong for its strong placement record and improving performance.
While placements at IIM Trichy are not bad and students can expect to receive good roles and pay, IIM Shillong currently holds the lead in terms of success in placements. Some students at IIM Trichy have even left the institute for IIM Shillong due to its stronger placement performance.
Should I join the PGP of IIM Shillong?
Asking others if you should join a certain program is illogical. I think it’s a decision that you have to take solely yourself. People can guide you in your decision but cannot make the decision on your behalf. That is exactly what I am here for. I will list down the parameters you should consider while making your decision. The rest is up to you.
- Try looking at other available options at hand. Comparing your options is a good way to decide on your B School.
- Ask yourself if you are confident enough to drop a year and attempt for CAT again just to try your shot at a better B School.
- Check whether the domain specialization of IIM, the companies that visit the campus and the roles they offer are in line with your career interests.
Once you are sure about these things, making a good decision will become easier for you.
With 93.1/74/92.5 in 10, 12, UG with no work experience, how much percentile can get me SPJIMR, NMIMS, and baby IIM like Shillong?
Having no work experience is not the main barrier to get into B schools. Your 10th and UG marks are very good and 12th marks are decent, however, I want to make it clear that IIM Shillong is not among the baby IIMs or the new generation iims.
It is far better than new iims and making place among BLACKI. SPJIMR accepts CAT score for its admission and you will be requiring above 94 percentile for open category. NMIMS accept SNAP exam score. And for IIM shillong 95+ percentile is required.
Is IIM Shillong good enough? Can others like IIM Ranchi/Rohtak overtake it due to its locational disadvantage.
If you are considering pursuing an MBA from IIM Shillong, you should definitely go ahead and apply. Your salary prospects after completing an MBA from IIM Shillong will likely be significantly better. However, if you are not confident in your ability to prepare for the CAT as well as you did previously, or if your motivation is not at its highest, it may be best to wait and give the exam another shot when you are better prepared and more motivated.
Motivation can be a fickle thing, and it is important to take advantage of it when it is present. Ultimately, the decision to pursue an MBA from IIM Shillong or to wait and give the CAT another try is a personal one that will depend on your individual circumstances and goals.
How good is IIM Raipur, and what is the position amongst the six new IIMs and Shillong?
Firstly let me clarify one thing. IIM Raipur cannot be compared to IIM Shillong because the latter is out of the league and is no longer a new IIM. Its worth and placements are much better than the newer IIMs and are in the league of old IIMs. We can only compare IIM Raipur to the 6 new IIMs namely Raipur, Ranchi, Rohtak, Trichy, Udaipur, and Kashipur.
After Shillong, one new IIM that gives an edge to older IIMs is Ranchi mainly because it works under the mentorship of IIM Calcutta. The placement statistics of IIM Ranchi are a testament to the same.
After Ranchi comes to Trichy, one of the fastest-growing IIMs. It has a decent placement scenario and a better professional approach.
Raipur and Udaipur are almost similar and are better than Kashipur and Rohtak. Raipur especially enjoys location advantage being situated in the capital of Chattisgarh. The faculty base is also quite learned and the institute has proper connectivity.
Kashipur has many connectivity issues but is famous for its guest lectures and interaction with industry experts.
IIM Rohtak is the last in line mainly because of its pathetic placement scenario which overshadows its vicinity to Delhi.
So the final order is
Shillong>Ranchi>Trichy>Raipur=Udaipur>Kashipur>Rohtak
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