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Is an MBA in tourism and hospitality worth it at IIM Sirmaur?
MBA Tourism in IIM Sirmaur is an unique program offered by very few IIMs. It is a 2-year program that provides knowledge and helps to develop a career in the tourism industry. The program has 60 seats and the fees is INR 16 lakhs for 2 years.
The admission process is same as that of MBA program i.e. CAT followed by Personal Interview. The MBA Tourism cutoff is lower compared to the flagship MBA. The cutoff for MBA Tourism is 80 percentile overall and 65 percentile sectional for general category, whereas the cutoff for MBA is 94 percentile overall.
Last year around 58 companies visited IIM Sirmaur to hire the MBA Tourism students. The highest package offered to the students was INR 34 Lakhs and the average salary was at INR 11.82 LPA, offering an ROI of 47.75%.
The scope of MBA Tourism is in industries like tourism, hospitality, aviation, etc, which is a huge market. The IIM Sirmaur students were offered roles in Sales & marketing, General management, Operations, Product Management, IT & Systems, Finance, Analyst, and Human Resource.
Is it worth to do tourism and hospitality management course from IIM Sirmaur for the sake of IIM tag?
One very important aspect that people forget while choosing colleges is the leader under which the college performs. Without effective leadership, any new IIM will become a worthless B School. One such example is IIM Trichy. IIM Trichy prospered under the leadership of Director Sri Prafulla Agnihotri who made Trichy what it is today. He constructed it from scratch. Through his relentless efforts, he was able to attract top professors and build a sound faculty base. He managed to provide the best through the temporary campus itself.
The same person Director Sri Prafulla Agnihotri is now leading IIM Sirmaur so I can say with conviction that if not immediately, then gradually Sirmaur’s brand name will improve magnificently in the years to come. So surely it is worth joining IIM Sirmaur and do the Tourism and Hospitality course.
What are the prospects of doing an MBA in tourism and hospitality from IIM Sirmaur? How would it compare with core MBA courses from other private AA and A grade MBA institutes?
Both the courses give an edge to each other and cannot be compared. MBA T and HM are specialized courses that should be taken only if you are inclined toward the field. It helps you to establish a career and knowledge of the Tourism and Hospitality industry.
The 2-year MBA flagship course has been standing for more than 2 years and therefore its curriculum cannot be compared to that of these recently launched courses. Some perks of these courses are
- Become a part of the legacy.
- Learn how to build everything from scratch by founding or becoming part of clubs and committees.
- International Job opportunities
- Himachal is famous for its tourism because of its beautiful landscapes. The tourism sector of Himachal Pradesh contributes 7% to the state GDP.
- You can contribute to promoting Tourism, increasing its capacities to serve foreigners while remaining settled in your hometown.
So this course is very beneficial for people who have a keen interest in tourism.
Which is better, IIM Sirmaur tourism and hospitality or FMS BHU?
FMS BHU gives an edge to IIM Sirmaur in almost every aspect. The fact that it is a baby IIM yet to establish its position in the industry is the main drawback of IIM Sirmaur. Even its IIM tag lacks credibility and worth because of its weak alumni base and below average placements. However, if you are specifically choosing IIM for the course and not the tag, then you might go for it.
FMS BHU is one of the leading B Schools technically due to its early establishment. It has an upper hand in the following aspects when compared to IIM Sirmaur
- Better placements than IIM Sirmaur
- Strong alumni base
- Better infrastructure and faculty
The table below draws a slight comparison between the placement scenarios of the 2 B Schools
|
Particulars |
IIM Sirmaur |
FMS BHU |
|
Number of students participated |
183 |
174 |
|
Number of students placed |
183 |
168 |
|
Number of Recruiters |
140 |
44 |
|
Highest CTC |
INR 26.50 LPA |
INR 18 LPA |
|
Average CTC |
INR 12.74 LPA |
INR 9.7 LPA |
How rewarding is the MBA Tourism hospitality Management from IIM Sirmaur?
IIM Sirmaur is the first IIM in India to offer a specialized 2-year full-time MBA program in Tourism and Hospitality Management.
- You will learn about various core business concepts, strategies, products, and services of the tourism and hospitality industry.
- The program will brush up on the current industry trends from a well-experienced faculty at IIM Sirmaur.
- Various opportunities will be provided to interact with industry experts and learn from their experiences.
- You will also have access to world-class infrastructure, facilities, and opportunities to groom yourself.
- The student crowd will be enthusiastic and cooperative.
- Though the tourism and hospitality sector suffered during the pandemic crisis, IIM still managed to conduct a placement program.
- IIM Sirmaur Tourism and Hospitality Management offer some of the most exciting job opportunities globally.
If you are interested in working in the tourism and hospitality industry and want to build a career in this field, this might be a good choice.
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