I will do a brief comparison between the MBA programs of the 2 institutes based on common parameters and leave the final call for you to make
Now weigh the pros and cons of both and make a wise decision based on the same.
IIM Shillong was established in 2007 as the 7th Indian Institute of Management, located in the North-East region of India. The programs offered at this institute include postgraduate diplomas, executive diplomas, and doctoral programs. The admission process at IIM Shillong is similar to other IIMs, with applicants being evaluated based on their scores on exams such as the CAT, GMAT, GATE, and GRE. Candidates for doctoral programs are also shortlisted based on their performance in the Junior Research Fellowship (JRF).
Tier 1 MBA colleges in India are among the highest-ranked management institutes in the country, and many of their students secure positions at top companies. These colleges are highly competitive and have a strong brand value, which can be beneficial for students as they begin their careers. Although IIM Shillong is considered a tier 1 b-school, it does not rank among the top 10 in India. The top 10 tier 1 MBA colleges in India typically include IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, FMS Delhi, XLRI, IIM Kozhikode, SP Jain, Jamnalal Bajaj, and IIM Indore. Some people may also consider the Indian School of Business (ISB) to be a top tier 1 MBA college due to its one-year program.
IIM Shillong placement cell is not very helpful. The placement records shown are edited. Students do not get a return of what they had paid for. The placement committee is responsible for conducting a well-organized placement drive. The committee tells all the recruiting companies that they have got the first slot. Students are also forced to carry out this lie.
According to the official website, the summer placement highlights for 2021 are as follows.
The placement record of IIM Shillong is expected to be transparent to students in the future so that they can make the right decision.
It is true that IIFT Delhi has a strong reputation and a good placement record. Over the past three years, students have consistently earned an average salary package of INR 20 LPA or higher. In the latest placement drive for the 2020-22 batch of the MBA (IB) program, IIFT Delhi achieved 100% placements with 82 companies participating. The highest international CTC was INR 80 LPA, the highest domestic CTC was INR 46.5 LPA, and the average CTC was INR 25.16 LPA. Approximately 25% of the students were placed in the consulting domain.
When choosing a business school, it's important to consider factors such as placements, alumni support, exposure to the industry, and available resources like libraries and research papers. Location can also be a factor, as being in Delhi may provide more opportunities for exploration and connection with potential employers compared to Shillong. Ultimately, it's important to weigh all of these factors and choose the school that best meets your needs and goals.
Good academics, cushy placement packages, and enviable campus experience are some of the reasons for joining IIM Shillong. The faculties and the quality of education offered at the institute are better than the other new IIM. IIM Shillong placements 2022 ended with an average CTC of around INR 23.10 LPA.
IIM Shillong campus is beautiful. Clouds floating inside classrooms during lectures are a regular occurrence. You will love being on campus.
The Indian Institute of Management Calcutta (IIM Calcutta) offers a Post Graduate Program for Executives in Visionary Leadership in Manufacturing (PGPEX-VLM). This program is designed to meet the current demand for leaders in the manufacturing industry who have a combination of technical and managerial skills and are able to navigate the challenges presented by businesses that rely heavily on information and aim to achieve the "Triple Bottom Line".
On the other hand, the Rajiv Gandhi Indian Institute of Management Shillong (IIM Shillong) has partnered with the Ocean University China (OUC) in Qingdao to offer a Post Graduate Program for Executives in Managing Business in India and China (PGPEx-MBIC). This program provides general management education in the context of emerging economies, focusing on the host countries of India and China, and aims to prepare leaders to conduct business in these economies uniquely.
MDI Gurgaon is a better option. It has a better location and offers good placement and return on investment. It is situated close to a major city. So, you will get better opportunities in terms of placements, internships, live projects, etc.
It has a great placement record. During MDI Gurgaon placements 2022, more than half of the batch received salary package of INR 25 LPA. The average CTC for the whole batch was INR 23 LPA.
It is worth noting that the brand value of "IIM" may vary among the different institutes. IIM Ahmedabad may have a different brand perception than IIM Lucknow, which may differ from IIM Kozhikode, and so on. With plans to establish an IIM in every state, getting admitted to one may not necessarily hold as much weight as it once did.
Older business schools may have more opportunities available to their students due to their more extensive alumni networks and long history of the establishment. Additionally, business schools located in metropolitan areas may have better access to recruiters, leading to potentially better job placements for their students.
Ultimately, it is up to you to consider these factors and make the final decision that best suits your needs and goals.