It is true that a person’s caliber can in no way be judged from the Business School that they have graduated from. In practice, however, things work very differently.

The general assumption is that if a candidate has secured a top rank in one of the most challenging exams and studied one of the top curriculums in the country, then they are really good in their field.

IIM A, B, and C have been around for a very long time and its graduates have carved a niche for themselves in the corporate world. Most companies in India and many abroad have IIM A, B, and C graduates in top positions. The alumni spread the goodwill of these institutions in silicon valley and other parts of the world, leading to international repute. These institutions are ‘brands’. An IIM A, B, and C brand opens numerous opportunities for you.

Judging IIMs based on ROI solely is not wise. Most IIM graduates end up paying their loans in a period of 3 to 5 years. Also, keep in mind that salary does not remain constant, it keeps increasing each year. Even if you take a loan to fund your MBA, it will be worth it.

If you get the opportunity to study at IIM A, B, or C you should grab it at the earliest.

In terms of NIRF 2023 Management Rankings, IIM Bangalore ranked higher than IIM Calcutta. Even in the FT Global rankings 2023 for MBA, IIM Bangalore ranked 52, whereas IIM Calcutta ranked 76. 

The alumni of IIM Bangalore are more into research and academia.IIM Ahmedabad and IIM Calcutta were open to private-sector jobs since their establishment. IIM Bangalore, on the other hand, was established to produce public sector managers. It was opened for private sector jobs in the late 1990s. IIM Ahmedabad and IIM Calcutta had a headstart there which is why they have a greater number of notable alumni in the private sector. Even then, IIM Bangalore does have a good number of alumni in the private sector.

IIM Bangalore is an institution of global recognition and repute. It will offer you all the opportunities and necessary guidance to become successful in your career.

IIM Ahmedabad, IIM Bangalore, and IIM Calcutta, all three are good choices for Finance and Consulting roles. If you get a single convert from among the three, you should grab the opportunity at the earliest.

If you have more than one convert, you should choose the institution that best suits you. You can decide based on location and other such factors. All three are at par for finance. Even IIM Lucknow is doing well and has a strong alumni base now.

Thus, you can go for any of the three IIMs for finance as all are top-ranked institutions.