Without any doubt the fees structure at IIM Ahmedabad for MBA programs is extremely high. But trust my word when I say your investment won’t go in vain. 2 years later you will thank yourself for not letting go of this golden opportunity.
There are many banks that offer loans with minimal or no collaterals, discounted interest rates and extended moratorium periods.
Another option is fee waiver seats. IIM Ahmedabad is one of the best institutes that offer fee waiver facilities to financially weak strata. Some are lucky enough to get as much as 80% of their fees waived off. The remaining 20% can be handled by an educational loan.
So once you put your trust and will into it, you will find ways to overcome the money issue. And obviously the result you will get in a few years will have you forgotten about your struggles.
You should have a CGPA in the range of 8-8.5 or above to get a shortlist in IIM Ahmedabad. The institute also considers 10tth, 12th academic scores, CAT score, and work experience for shortlisting. If you have a GPA less than 8, you need to score around 99.95 in CAT, to get a call.
Students getting admission at IIM Ahmedabad usually have past academics - 90/90/85 and a CAT score of around 99.85+.
Without any doubt, there is an importance of every step of the admission that you go through. It depends upon the demand in IIMs every year.
Lastly, we can say that there is no particular deadline that is already being decided, it depends upon year to year. So starting from the conduct of the exams to the entire admission process, there is a variation in every particular year.
A few of my friends graduated from IIM Ahmedabad and Athena School of Management. From whatever I have heard from them, I can say that the answer is no. IIM Ahmedabad, IIM Bangalore & IIM Calcutta are considered the Trinity of India's Best Business Schools for around 50 years.
Athena School of Management is a much younger Business School with a lot of innovation and inspiration. It is ranked as India's Best Emerging Business School with multiple internships. The faculty is from across the world with global exposure.
But the Athena School of Management is not better than the IIM Ahmedabad. IIM Ahmedabad is the gold standard for B-schools in India. The institute is ranked Top 1 in the NIRF ranking (2020).
Particulars | IIM Ahmedabad | Athena School |
Total fees | 23 Lakhs | 13.5 Lakhs |
Placement percent | 100% | 80% |
Highest salary | INR 75 LPA | INR 13 LPA |
Average salary | INR 25.5 LPA | INR 8.5 LPA |
Median salary | INR 23 LPA | INR 10 LPA |
Lowest salary | INR 12 LPA | INR 6 LPA |
Top recruiters | BCG, McKinsey, HUL, CitiBank, P&G | Vito, Infoedge, Samco, Tresvista |
Ultimately the decision is yours. But it is suggested that if you get an opportunity to study at IIM Ahmedabad, do not ever let it go out of your hands. This will pave the way for your career. With IIM Ahmedabad’s guidance, your career will be sorted.
Among many unique factors, the one thing that makes IIM Ahmedabad stand out is the people. If you go through the IIM Ahmedabad faculty profiles on Linkedin, you will be overwhelmed by the positions they hold. IIM Ahmedabad peer group is diverse. There are people from engineering, law, commerce, medicine backgrounds. Being among such a diverse set of people will make you open to new perspectives. Many students joining IIM Ahmedabad have years of experience in the industry. You can learn a lot from their experience.
The reason why IIM Ahmedabad is everyone’s dream college is because of its exceptionally good placement opportunities.
IIM Ahmedabad Placements 2022 Report
Number of Students Registered |
121 |
Number of Offers |
172 |
New recruiters |
20 |
Highest International Package |
$150297 |
Highest Domestic Package |
INR 75.2 LPA |
Median Package |
INR 36.2 LPA |
Increase in Median Package |
21% |
Major Sectors |
IT and Healthcare |
The major companies that visited IIM Ahmedabad for placements are BCG, Accenture Strategy, Paytm, PwC, OYO, etc.
At IIM Ahmedabad you get to learn from the faculty members when you get to assist them. There are lots of discussions, planning, execution that go into the work of Academic associates. Yes, it is one lot of overwhelming experience at IIM-Ahmedabad.
So, this is the job profile of an Academic Associate at IIM A:
This is an amazing experience to not only know your peers but also your teachers. This creates a bond and understanding between teacher and students. You get to learn the tricks and techniques from the faculties about teaching.
This question can be best answered by someone who has had a taste of both campuses. Fortunately one of my friends was lucky enough to move to IIM Ahmedabad after studying for a year at IIM Kozhikode. He shared his experience and the various things that contrasted in both the B Schools.
Faculty: Being the topmost B School, IIM Ahmedabad does attract some of the best faculties that are experts in their fields. They had too much knowledge and experience to impart making the classes a thrilling experience.
Crowd: While the crowd at almost all the good B Schools attracts only the best, IIM Ahmedabad is famous for its exceptionally good peer groups with only geniuses and masterminds in their respective fields.
Academic rigor: Normally B Schools offer a very hectic life with academic pressure combined with placements and clubs and committee activities. But at IIM Ahmedabad the topmost preference is Academics only. You are required to attend 3 lectures of 75 minutes of case study daily. These case studies are extremely lengthy and on average you are required to read 300 pages every day. Such economic rigor is lacking in the case of IIM Kozhikode.
There are several more minor differences between IIM Kozhikode and IIM Ahmedabad but these 3 are the main things an aspirant needs to consider while choosing one of the two B Schools.
The dual degree exchange program means spending 2 terms abroad. This program has only 10 seats and the criteria for selection is solely performance in the first year at IIMA. You will get a Master in Management degree from your exchange university. But you will have to complete a Master's thesis at the exchange university as a requirement for the degree.
Because of its firmness, this degree is not opted by many students. One of my friends did opt for this degree from EBS and she shared her experience of how she managed to get 2 degrees simultaneously.
Firstly, the course curriculum at EBS ends in June. Then she had to write her thesis and submit it by November. But her job in India was to start in May so she requested to complete the thesis alongside the curriculum. Her request was accepted. She completed her thesis by April and returned back to her job in India.
She was the first person to graduate in her Masters batch at EBS. This degree helped her get a good deal of exposure to academic culture in Europe.
IIM Ahmedabad or even the top IIMs have very strict rules and regulations regarding the admission process. They strictly adhere to these rules. As of now, there is a rule that the average result combining class 10th and 12th should be at least 80 percent (for Science Students) and 87 percent (for Commerce Students).
If you are a general category student then it is less likely that you will be selected. Even if you get 100 percentile in CAT, you will not be shortlisted because of these criteria. However, you have other alternatives such as FMS, MDI Gurgaon, SP Jain, etc. These are some of the popular B-Schools that select students based on their CAT scores.