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Which is better, IIM Ranchi or IIM Trichy?
You will be starting an everlasting debate if you compare IIM Ranchi and IIM Trichy. Yet if I have to be part I will take Trichy’s side. To make my answer sound clear, I will list the similarities and dissimilarities of both colleges.
Similarities:
- Faculty
- Infrastructure
- Location
- Perception
- Industry Connect
Dissimilarities:
Placement:
|
Particulars |
IIM Ranchi |
IIM Trichy |
|
Number of Recruiters |
250+ |
110 |
|
Number of Students |
325 |
230 |
|
Highest Salary |
INR 32.21 LPA |
INR 34 LPA |
|
Average Salary |
INR 16.17 LPA |
INR 17.01 LPA |
|
Top Recruiters |
Deloitte, Aditya Birla Group, Infosys, EY, IBM |
Amazon, Dell, Nomura |
|
Major Sectors |
IT/ITES, Consulting, BFSI |
Consulting, Sales & Marketing, Finance |
From the table we can clearly see that the placement opportunities are better at Trichy than at Ranchi.
Campus: One major difference between the 2 IIMs is that Trichy has a permanent campus whereas Ranchi does not. So if you want to live a dreamy college life with amazing accommodation facilities, then Trichy is for you.
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.
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.
Will the new upcoming IIMs like (Rohtak, Ranchi, Trichy) overtake the SPJIMR in a few years?
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
- Students profile: IIM Trichy takes in students with a slightly higher CAT score than SP Jain thereby the quality of the batch is better.
- Faculty: The faculty of IIM Trichy is comparable with SP Jain in many areas.
- Placements: Although the placements at SP Jain are better than these new IIMs, they have been stagnant for the past few years. Moreover, the placements at IIM Trichy and Ranchi are getting better every year.
- Growth potential: SP Jain has a decent growth potential but not more than the new IIMs. Their potential looks more promising.
- Alumni base: SP Jain has an upper hand in this aspect due to its early establishment.
- Location: SP Jain is at a better location than the new IIMs and they might suffer because of this. Yet some consider the city of Trichy not too far away from Mumbai and the disadvantage does not seem that huge.
All in all, there are high chances of the new IIMs taking over SP Jain anytime in the near future.
Which is the best, IIM Trichy (HR), IIM Ranchi (HR) or IIM Kashipur core?
Before choosing a college you need to be certain of what you want to pursue. If you are adamant about pursuing HR, then IIM Ranchi is a better option because HR at IIM Trichy is relatively new and lacks rigor. But if you haven’t decided on a domain and are open to all options, go for Kashipur. It is a better choice as a whole. This is because it’s older and has a stronger alumni base.
For HR domain, choose IIM Ranchi over IIM Trichy. Apart from this, you have 2 other options - either go for IIM Kashipur or sit for a reattempt and aim for a better college
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.
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.
Is IIM Trichy better compared to IIM Indore?
New IIMs are being projected as amazing institutes when the truth is far different. The media is relaying false information for the sake of publicity.
So I will personally recommend the following not to join any new IIMs at any cost.
- For people who come from Top Tier engineering colleges (IITs/ BITs etc) and have a salary of more than 10 lakhs per annum in the tech space
- For Entrepreneurs or aspiring Entrepreneurs
I will recommend the following to join any IIM
- For people who are not from a Top College and have a salary of less than 5–6 lakh per annum
- For people who come from Top Tier (T1) Engineering colleges and have ruined their graduation
These recommendations are based on the expectations of many. But please don’t consider joining the new IIMs unless it’s the last option you have.
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