Is ISB better than IIM Ahmedabad for someone wanting a career in product management in India?

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Rachit Sengupta Posted On - Apr 12, 2023
studied at Indian School of Business

If you're considering pursuing a career in product management, it's important to choose the right business school that offers the best program and opportunities for this field. While both ISB and IIMs are well-known institutions for management education in India, there are some key differences to consider when it comes to their product management programs.

Here are some factors to keep in mind:

  • Product management is not a top preference at IIMs: Unlike some other business schools, product management is not a major focus at the IIMs. As a result, there are relatively fewer opportunities for students to learn about and pursue careers in this field. While some IIMs do offer product management courses, these are often not as comprehensive or specialized as the programs offered by other schools.
  • Limited recruitment for product management roles at IIMs: Due to the relatively lower focus on product management, not many companies that recruit from IIMs offer roles in this field. This means that even if you do take up a product management course at an IIM, you may find it difficult to secure a relevant job after graduation.
  • ISB offers a better program for product management: On the other hand, it has a well-regarded program for product management. The school offers a specialization in product management as part of its PGPM which covers a range of topics such as product strategy, marketing, and innovation. 
  • More opportunities for product management roles at ISB: Because of its strong program for product management, ISB attracts a lot of recruiters from companies looking to hire for roles in this field. This means that you are more likely to find relevant job opportunities after completing your degree at ISB, compared to IIMs.
  • IIMs are better for finance roles: While ISB may be the better choice for product management if you're interested in pursuing finance roles across private equity (PE), venture capital (VC), investment banks, or hedge funds, then IIMs are still the way to go. These schools have a strong reputation for finance education, and many top companies in these fields recruit heavily from IIMs.

If you're set on pursuing a career in product management, and you have a choice between ISB and IIMs, then ISB may be the better option. However, if you're open to other fields such as finance, then IIMs still have a lot to offer.

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Tiyasa Ghosh Posted On - Apr 17, 2021
Studied at Indian School of Business (2019)

One of my friends who studied in ISB had acknowledged the college very well and based on his experience and knowledge, here are some insights from ISB's viewpoint.

  • Every year at ISB a large number of companies visit the campus during the placement drive cells that offer product management roles to the student. 
  • In fact, during the year when my friend was in ISB, the role of product management was among the top roles that were offered at that time. 
  • All companies from big to small arrive on campus for the recruitment process during the placement cells. 
  • The companies that were majoring in the campus were Google Microsoft Flipkart Snapdeal spectra. In fact, there were hardly any good companies that did not come for the recruitment process at ISB.

The following table shows the placement stats for both the institutes:

Categories

ISB Hyderabad

IIM Ahmedabad

Course Fee

31.35 lakh

10-23 lakh

Placement Percentage

80%

90-100%

Highest CTC

21 LPA

40 LPA

Average CTC

8-10 LPA

19 LPA

Recruiting Companies

BCG, McKinsey, Accenture, Deloitte, A.T. Kearney

Accenture, Microsoft, Capgemini, TCS, etc

Undoubtedly ISB is a pretty good deal if you are thinking about pursuing an MBA for a career in Product management in India. Go for it without giving it a second thought.

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