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Which is best -MBA in finance from ISB Hyderabad or top IIMS A/B/C??
ISB Hyderabad is known for its lack of specialization in Finance. It’s a common understanding now that even if one is preferring ISB Hyderabad for admission, they know that they should go for anything but Finance. Studying some aspects will give you a deeper insight as to why MBA in Finance from ISB Hyderabad is not recommended.
Faculty: Although the visiting faculty is quite decent, it’s the domestic faculty that has ruined the culture at ISB. They are arrogant, pathetic, and extremely incapable. They insult the students regularly and disturb student-teacher relations.
Placements: The roles offered in Finance were below average like Operations, Sales, and BD roles. Such roles were offered in abundance by the banks or start-ups. However, the superior roles like IB/PE/VC/M&A/FP&A/Equity Research/Credit Rating/Asset Management/TAS were offered scarcely. For instance
- only 10 FP and A roles were allotted that too only to CAs
- Only one Investment banking role was offered by Barclays
- Only 5 PE/bc roles were offered and there was a strong preference for a prior IB/PE/VC experience and IIT undergraduate background.
- One M and A role was offered only
- 4 Asset Management and zero Equity Research and Credit Rating roles were offered.
So the best roles were offered limitedly while the batch size stood at 900. Most students ended up with unsatisfactory placements. Now you can decide whether or not to join if you are confident to face the placement scenario.
How good is the new IIM Ahmedabad business analytics course? Please provide your views on whether one should enroll in it.
IIM Ahmedabad ePGD in Advance Business Analytics is a newly launched program by the b-school. The program is a perfect blend of tools and techniques for data visualization and modeling. The duration is for 16 months and ePGD admission is entrance based followed by an interview round.
As for the review, I am not sharing my own, but of a friend who recently completed this course. She considered the program to be very good but a bit on the expensive side. Let's break down the review into common aspects
- Placements: The placement percentage of this program is approximately 4% with the highest package offered around 85 LPA, the lowest salary package offered being 11 LPA. The top roles offered are relationship manager, business analyst, and area sales manager.
- Infrastructure: The entire campus is wifi-enables and has all the top-notch faculties one could ask for. Every classroom is fully air-conditioned and has modern teaching aids. You can access databases and journal websites through the online portal of the library. The accommodation facilities are also world-class.
- Faculty: IIM Ahmedabad has the highest qualified faculty pool that don't limit their teaching to classrooms only but rather engages in dynamic talk to ensure the holistic development of students.
Overall, the IIM Ahmedabad campus is superb and the excellent academic environment made choosing the Analytics program a great choice.
What is it like to study with Aditya Khanna at IIM Ahmedabad?
My brother was in the same batch as Aditya Khanna at IIM Ahmedabad.
My brother was worried in the beginning that he may not get to interact much with the popular people of his batch. But Aditya Khanna was friendly and approachable from the start. They interacted with each other, and my brother was highly impressed by Aditya. According to my brother, each second spent with the guy made him smarter.
Aditya is the epitome of humility and wisdom. He knew every concept, even before it was discussed in the class. Even without paying attention during class, he would be the one teaching difficult concepts to his batchmates.
He was a hero in the eyes of his batchmates, and my brother still remembers him fondly.
Is there anyone who got into IIM Ahmedabad with a percentile less than 99? Can you share your profile?
Yes, there are many students who got admission into IIM Ahmedabad with a percentile less than 99. The profile of one such student is mentioned below:
Fresher, B.Com, General Category
X: More than 95%
XII: More than 95%
UG: 80+, and a CAT score of 98.74%.
What's the purpose of IIM Ahmedabad?
Indian Institute of Management Ahmedabad (IIM-A) is the most prestigious and one of the top two or three business schools in India, its primary purpose is to produce socially responsible and innovative business leaders who can contribute to the growth of the country and the world. By providing students with world-class management education and the industry/government/society with research, and consultancy services. The institute is known for its rigorous curriculum and case-based teaching methodology.
|
Aspect |
Description |
|
Location |
Ahmedabad, Gujarat, India |
|
Establishment |
Established in 1961 |
|
Accreditation |
Accredited by AACSB, AMBA, and EQUIS |
|
Programs offered |
Post-Graduate Program in Management (PGP), Post-Graduate Program in Management for Executives (PGPX), Fellow Program in Management (FPM), Executive Education Programs, and Management Development Programs |
|
Teaching methodology |
Case-based teaching method, emphasis on experiential learning |
|
Faculty |
Highly qualified and experienced faculty members with diverse backgrounds |
|
Student body |
Highly competitive and diverse student body, selected through a rigorous process |
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Campus facilities |
State-of-the-art facilities including classrooms, library, auditorium, sports facilities, and student housing |
|
Alumni network |
Large and active alumni network, consisting of successful business leaders and entrepreneurs in India and around the world. Some prominent alumni are Dr. Raghuram Rajan, Ajay Banga, Chetan Bhagat |
For management there’s no better B-school in India. IIM- B and FMS come close though.
A general candidate gets a call from IIM Ahmedabad at 99 percentile. How did Vidit Garg get a call at 89 percentile?
The prestigious IIMs invite students to interviews based on their CAT percentiles. However, the 99 percentile mentioned in the question is for General Candidates (i.e. the perceived influential social class in India). Male and engineer candidates are more likely to meet the 99 percentile.
The competition for General Engineer Male candidates is tough. Because of their academic and co-curricular achievements, the cream of the GEM typically receives the majority of the call letters. As a result, given the limited number of seats in top Business Schools, there is almost nothing left for a typical GEM.
The candidate in question, Vidit Garg, is not a GEM, nor an Engineer, and thus gleefully avoids the arduous competition that a GEM faces. He is also a candidate with professional experience, which gives him an advantage over freshers when it comes to managerial abilities.
To summarise, the only way a GEM can almost guarantee a seat in a prestigious B school is to excel on all fronts.
How do I get a package of 30 lakhs in the field of marketing, post MBA from IIMA/B/C, FMS, MDI, SPJIMR, and IIFT?
While many may shed their philosophies on how getting a high package should not be your ultimate goal and stuff, I am here with a different opinion. When you are investing a huge amount of money it is only right to expect a greater monetary benefit and a better lifestyle. So I have mentioned some techniques that will help you land a package of 30 LPA specifically in the field of marketing post-MBA from IIM ABC, FMS, MDI, SPJIMR, and IIFT.
- The first thing you need to do is lower your expectations as no marketing placements offer a package higher than 25 LPA. These highest offers are made by top firms like Reckitt Benckiser, HUL, P&G, and Asian Paints.
- You need to figure out what you really are after, a good marketing role or a high-paying job. If you are after the latter I suggest you go for big consulting firms like Mc Kinsey, BCG, or investment banks that offer 30+ LPA.
- But if it is the marketing role you are after, then make sure your resume reflects your marketing enthusiasm. This will further increase your chances of selection.
- Performing well in the competitions conducted by your desired company is another way to get a high-paying job.
- If the Final Placements are your last resort then make sure you have a stable and excellent CGPA. Many companies consider this factor while shortlisting.
These points will help you get your dream job but cannot necessarily guarantee it. It all ultimately depends on your efforts and obviously your luck.
How much does your life change after graduating from IIM Ahmedabad?
I would say life changes more after joining IIM Ahmedabad than after graduating from it. The academic workload, strenuous hours, assignments and exams all prepare you for the hectic life ahead. So once you graduate from IIM Ahmedabad you might even welcome the hectic work schedule with amazing salaries. The changes in your life will depend on the field you have chosen.
If you join a big consulting firm or an investment bank or a PE/VC, chances are you will spend more hours in your office than at home.
If you go for a general management role, your life will have a blend of both work and personal time.
If you join a technical firm, then you will experience a casual work culture and a lot of personal time.
Working at e-commerce giants and start ups will limit your chances of a work life balance.
As far as the pay of an IIM Ahmedabad pass out is considered, literally everyone gets paid decently. In fact after a few years you will focus more on your responsibilities than your salary. You have to carry the weight of being an IIM Ahmedabad passout as everyone will have high expectations from you.
What happens to IIM Ahmedabad (or any IIM for that matter) students who get a Cluster 3 summer internship?
You generally complete your internship in the first two months, after the completion of the internship you are able to return to the course.
After the internship, a question might pop in your mind, which is “Will you get good final placements?” The answer to this question depends on the C1 and C2 shortlists released during the summer.
If a student hasn’t managed to find a place on the shortlist, then he/she may face trouble while clearing the finals. However, there is no strict rule as such. The result depends on the performance of the student, which varies from person to person. If a student gets shortlisted but somehow fails to clear the interview, even then they do have a chance to steer out through the finals.
The students can even go for an exchange. Internship and exchange aren’t inter-related by any means. There have been students who have been placed at C1, C2, or C3 and they have gone for an exchange. Therefore, it’s totally possible.
Students often ask this question about how they can turn the situation around. Here, they need to understand that clusters don’t define how good or bad the assigned job is. All it does is highlights the type of recruiting company and the sector it belongs to. Thus, it is not a situation that needs to be turned around. C3 is equally good as C1, it isn’t inferior in any way.
The student needs to focus on keeping their GPA on track as well as getting done with their PGP2. Having gone through these steps the student will attain clarity, he/she can figure their way out. There aren’t any long term implications.
All the best!
Is attending IIM-Ahmedabad worth rejecting a five-digit monthly salaried job in a tech company?
Continue working if you enjoy your job and see it developing your ambitions and you as a person. Make a plan to work for a few years, switch jobs/profiles a few times to gain more diverse experience, and then get an MBA from a more internationally renowned business school in the US/Europe. If you were able to get into IIM-A now, chances are you will be able to do so again while you are still young.
Join IIM-Ahmedabad if you don't yet have clear life ambitions/roadmaps and don't see much value in your job beyond its salary value. As you get older, you will lose direction and enthusiasm in a soulless job.
You will then be too old for IIMs but not competitive enough for schools in the United States or Europe, or even ISB or IIMA PGPX. So it's better to get that degree now rather than later.
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