XLRI usually scores right after IIM B and C. If you are interested in Marketing or Finance, you should definitely choose IIM B or C. These have better brand recognition and at least 10-15 companies visit the campus placements of IIM B and C which don’t come to XLRI.
Hower, XLRI HRM is the best Human Resources course available in the country. In terms of alumni and career opportunities, it is way better than IIM B and C.
There are two scenarios for product management
The fact is no matter what your skills are, this industry is biased towards MBA. So the final decision should depend on what you are going for.
IIM Bangalore started the General Management Program for Young Leaders to provide talented young professionals with an understanding of business operation and the knowledge of how to tackle common challenges. Through this course, you will be learning the ropes of management from the best minds in the sector.
You will get ample opportunities to explore and network. You should join the course if you want to learn the intricacies of management and upskill your profile.
All five of the institutes mentioned in the question are among the best business schools in India. All of these business schools have been around for decades and have a long history.
Comparing these Institutes is not an easy process but since the question necessitates a comparison on the basis of placements, let us have a look at the comparison in placements of all these Institutes:
|
Institutes |
Highest International Package |
Highest Domestic Package |
|
IIM Ahmedabad |
83.5 LPA |
70 LPA |
|
IIM Bangalore |
NA |
NA |
|
IIM Calcutta |
80 LPA |
NA |
|
JBIMS |
NA |
34.36 LPA |
|
FMS |
NA |
58.6 LPA |
|
Institutes |
Average Package |
Median Package |
|
IIM Ahmedabad |
25.83 LPA |
NA |
|
IIM Bangalore |
26.18 LPA |
25 LPA |
|
IIM Calcutta |
27.9 LPA |
25.5 LPA |
|
JBIMS |
22.84 LPA |
22 LPA |
|
FMS |
25.6 LPA |
23.4 LPA |
According to the comparison, while the maximum package of JBIMS is significantly lower than that of other Institutes (including FMS), the average and median packages are comparable to the Institutes. It is also worth noting that JBIMS and FMS are the most affordable B-schools, with fees far cheaper than those levied by IIM A, IIM B, and IIM C. The ROI from JBIMS and FMS is unquestionably the greatest!
IIM Bangalore is certainly not losing its name. According to NIRF MBA ranking 2022, it is the second-best management institute in India, followed by IIM Ahmedabad. QS Global MBA Ranking 2021 placed IIM Bangalore at 35 out of 150. It is one of the top B-School in the country and joining the institute is the cherished dream of many MBA aspirants.
I don’t think it's wise to decide to drop out from IIM Lucknow when you already worked hard and cracked the entrance. You even succeeded in the interview and yet here you want to give it all up. Every year the level of difficulty of entrance exams like the CAT and XAT keeps changing. Students who might have scored 90+ percentile one year might score 40-60 percentile next year. It all depends on preparation and mindset. Meanwhile, you have already succeeded and gotten into an IIM so why take it for granted?
Yet if you are adamant about not continuing, I would suggest you just focus on your job and gain a lot of experience. Chances are that you might climb the ladder without an MBA or IIM. Many CEOs and CFOs don’t need an MBA to make them what they are.
Despite it all, if you are appearing again for CAT, then make sure you have a valid explanation of dropping out during your interview.
IIM Bangalore's Executive Education Programs are highly valued in the job market. The main purpose of these programs is to help professionals upgrade their skills and knowledge in their respective fields. Professionals pursuing their courses are considered committed to their professions. These programs have great value in the areas of management and leadership, and help professionals advance their careers and increase their earning potential. Moreover, the reputation of IIM Bangalore as a leading institution in the field of management education also adds to the perceived value of its Executive Education Programs.
Here is how an IIMB Executive Education program helps you provide the best job opportunities
Lastly, I would like to comment that these Executive programs have certain eligibility criteria based on your managerial level, years of experience, and specific functional knowledge and it’s not justified to call them unscreened programs.
MBA program of IIM Bangalore (IIMB), one of India's top business institutions, is well-regarded worldwide. The rigorous and comprehensive business program covers finance, marketing, operations, strategy, and entrepreneurship.
IIM Bangalore MBA program's skilled faculty, diversified student body, and significant industry links offer students many learning, networking, and career advancement possibilities. Case studies, simulations, and real-world projects assist students learn business skills.
IIMB's MBA program is highly competitive, requiring a written test, a personal interview, and academic and work experience evaluations. If approved, the program will prepare you for a successful business career with a world-class business education.
The cut-off for the IIM B for the SC category is 70%ile (Overall). The sectional cut-offs are 65/60/60 for VARC, DILR, and QA respectively.
This is not a consistent trend at all. As per the final placements statistics of the 2017–2019 batch, the major portion of IIM Ahmedabad went for consulting than that of IIM Bangalore.
This is why IIMB consists mainly of students with good work experience.
Many of these students have come after working at firms that are industry leaders in their domain. Consulting firms prefer candidates with work experience, especially the ones who’ve worked in companies as industry leaders. Thus they may be willing to roll out more offers at IIM Bangalore.
It may be true that IIM B received more consulting offers in certain years but it may not be correct to accept this as a general trend across years.