What is the placement scenario at VGSoM (IIT Kharagpur) when compared with new IIMs like Ranchi, Raipur, Kashipur, Trichy, Udaipur, and Rhotak?

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Sagardeep Posted On - Jan 25, 2023
Studied Marketing at Indian Institute of Management, Tiruchirappalli, Tamil Nadu, India

In 2022, the VGSOM IIT Kharagpur business school achieved a 100% placement rate for its students. All 97 students who registered for the placement process were successfully placed in jobs. The highest salary package offered during the placement process was 31.98 LPA, while the average package was 19.36 LPA. These strong placement results demonstrate the success of VGSOM IIT Kharagpur in preparing its students for the job market and the value that employers place on its graduates.

Here is an individual's experience at IIT Roorkee, which was one in which he received admission to the institute in 2004 after having eight years of work experience. At that time, the management programs at IITs were relatively new and placements were not as strong as they are now. Despite this, he decided to attend IITR and focus on their studies and enjoying their MBA experience, rather than worrying about job prospects. As a result, he performed well academically and was able to secure an okay job in the IT industry. Through hard work and dedication, he was able to triple his salary within four years and work on projects in various countries. Ultimately, he retired in 2010 to travel and is still doing so seven years later. He believes that both IITs and new IIMs are good options for business education and that it ultimately depends on the individual's goals and priorities. He advises focusing on academics and enjoying the experience, as a job will eventually be obtained.

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Damini Jain Posted On - Aug 2, 2021
Studied Marketing at Indian Institute of Management, Tiruchirappalli, Tamil Nadu, India

In terms of placements, IITs have good opportunities as compared to new IIMs. Check the following table for recent placement statistics:

Particulars VGSoM (IIT Kharagpur) New IIMs
Highest Salary 26 LPA 26-40 LPA
Average Salary 18.44 LPA 10-13 LPA
Fee Range 8-10 Lakhs 13-15 Lakhs
VGSOM as well as many other B-schools in the IITs have not been a part of branding for a long time which makes this new misconception that newer IIM is way better than IITs. The reality is that the situation is quite different. People have started questioning as to which IIM they should go to and that’s when all the brand name goes into questioning.
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