It would not be right to question the idea of ranking institutes based on metrics such as the highest CTC (cost to company) offered to graduates, or the perceived quality of the companies that hire graduates. It is not the institute itself that determines a person's success, but rather the individual's own actions and what they do with the education they receive. You also emphasize the importance of academic and personal discipline, which you believe are more valuable than material success.
People believe that everyone who studies at any IIM has the potential to be successful, but not necessarily in the sense of earning a high salary or getting a high-paying job. Instead, the true value of an institute lies in the knowledge and skills that a person gains, and how they use them to make a positive impact in the world. Ultimately, it is up to the individual to determine their own success and make the most of the opportunities they receive. You will have a positive experience studying at IIM Trichy, but it will not be fair or accurate to claim that it is the best new IIM.
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.
Your preference order should be IIM Trichy> IIM Udaipur> IIM Raipur. In terms of academics, ROI, placements, recruiting companies, and peer groups, IIM Trichy is the best option for Operation.
IIM Trichy placements 2022 highlights show that Operations is among the major recruiting domain. The average and highest CTC offered by the recruiters in this domain were INR 16.7 LPA and INR 22 LPA, respectively.
Despite being a relatively new IIM, IIM Trichy has already established itself as one of the best among the newer IIMs. It currently ranks 18th in terms of average salary, according to the placement report and NIRF ranking. The institute is known for its strong placements and high return on investment, particularly in its flagship PGPM program.
In terms of facilities, IIM Trichy boasts a large campus spread across 175 acres, including student hostels, faculty residences, a library, recreational facilities, and executive residences. The institute is particularly strong in finance, with a renowned faculty base and an association with the CFA.
It also maintains a strong sense of community through events such as the annual sports meet, "Sangaram," which includes IIM Trichy, Bangalore, Kozhikode, and Vizag. The academic rigor at IIM Trichy provides students with a challenging and pressure-filled business school experience. The institute's students have consistently performed well in major business competitions such as Mahindra War Room and CFA-RC, and its alumni are employed at high levels in multinational companies such as Citi bank, Google, JPMC, Mahindra, KPMG, Dabur, and more, located in locations around the world including London, Dubai, San Francisco, Singapore, and Houston.
IIM Trichy also emphasizes the importance of corporate social responsibility and includes such projects in the curriculum. Based on all of these factors, it is expected that IIM Trichy will become the best among the newer IIMs in the near future.
IIM Trichy is a better option compared to IIM Kashipur. It ranks higher than IIM Kashipur and has a better placement record. According to the NIRF 2022 ranking, IIM Trichy ranks among the top 20 B-Schools in the country.
The institute wrapped its 2022 placement drive with an average CTC of INR 17.01 LPA. The highest CTC offered this year was INR 34 LPA. Recruiters like Capgemini, Samsung, Accenture, JP Morgan, etc. were among the top recruiters that took part in IIM Trichy placements 2022.
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 |
The minimum qualifying CAT cut-off percentile for IIM Kozhikode admission is 85 for General, 75 for NC-OBC/EWS, 65 for SC, and 55 for ST/PwD candidates.
The minimum CAT Cutoff for IIM Trichy admission is 92 for general, 70 for EWS, 74 for NC-OBC, 54 for SC, and 40 for ST and PwD candidates.
However, it’s important to note that the qualifying CAT cutoff alone is not enough to seek admission to these institutes. One needs to clear the Personal Interview and meet other criteria too.
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:
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.
In order to research the opportunities that both of these colleges, IIM Udaipur as well as IIM Trichy have to offer in the field of finance, it is a good idea to try and get in touch with previous students who have studied finance at these colleges. You can ask them about their experiences and whether they believe that the college prepared them well for a career in finance. It is also a good idea to be specific about the particular career choice within finance that you are interested in, as this will help you to determine whether the college has a strong track record of placing students in those types of roles.
Additionally, online forums such as Pagalguy can be useful resources for gathering information and asking questions about the opportunities that are available at these colleges. It is important to be specific in your queries on these forums, as this will help you to get more targeted and helpful responses.
It's difficult to say which one is better IIM Ranchi, IIM Trichy, and IIM Raipur for a fresher without work experience, as it depends on your personal preferences and career goals.
Here are some factors to consider when making your decision:
Particulars |
IIM Ranchi |
IIM Trichy |
IIM Raipur |
Highest CTC |
INR 65 LPA |
INR 41.61 LPA |
INR 67.60 LPA |
Average CTC |
INR 16.17 LPA (2020-22) |
INR 20.55 LPA |
INR 21.04 LPA |
Top Recruiters |
Capgemini, Dell, Infosys, Asian Paints, Dell |
JP Morgan & Chase, McKinsey & Co, Bain & Company, HSBC etc |
IBM, HDFC Bank, TATA Steel |
All the 3 IIMs are equally good with diverse opportunities and cultures. So make a well-informed decision!