The fact that you got a call from Marketing means SPJIMR seems your profile to be more suitable for Marketing than Finance. They have their own parameters of evaluation and you need to trust that part.
Firstly you need to analyze why exactly you have Finance as your first priority. Are you seriously interested in it or just choosing it because you have no prior experience? If you have no Finance background then certificates like CA/CFA might help.
But if you are just casually considering Finance, then I Advise you to look into Marketing because it is what SPJIMR specializes in. You will be losing a big opportunity if you forgo this offer. You will get a good chance to interact with a good peer group and develop an alumni network.
Depending on your preference the answer to ‘why Marketing’ is pretty subjective. Once you are into marketing you will find multiple reasons why you chose marketing. You can conduct research and write a well-informed reason or just simply refer to ready-made answers on CAT forums like Pagulguy for help.
In the second round of AIIMS counseling, you should apply to Aiims Jodhpur. Because you are from Rajasthan, this is the best option.
IIT Jodhpur's CDC (Career Development Cell) expedites student training and employment by preparing students to be career-oriented professionals. The Career Development Cell organizes the IIT Jodhpur placement drive. The CDC prepares students for communication and personality development by administering mock tests and holding practice sessions. These sessions help candidates improve their aptitude, logical reasoning, and quantitative abilities. Companies that participate in IIT Jodhpur placements include Barclays, Amazon, Hyundai, Honda, and others.
You are asking whether you should take it or not so I will assume that you are planning to take a drop year otherwise. However, preparing and attempting CAT again is not a cakewalk. It requires a lot of determination and motivation and still does not guarantee that you will get a call from an old IIM.
IIM Shillong is rather a good choice for finance. You can contact some of its alumni to get more information on the same. Since your profile is good, Indore is also a good option for you.
But if you are adamant about joining the old IIMs, then focus on one single goal. Getting maximum percentile in CAT. Start preparing as soon as you decide to drop the year. Anything above 99.7 will guarantee you a call from one of the older IIMs. I have seen many people attempt CAT 3-4 times just to get into their choice of IIMs.
It all comes down to your determination. Like I said, dropping a year requires a lot of determination, so choose this path wisely. Else consider the various other options you have.
Personally, I will recommend you join IIM Lucknow . The reason being your outstanding profile. With such an amazing profile you have multiple chances of getting selected in the top firms in Consulting and Investment Banking areas. Many of these reputed companies do not visit the campus if SJMSOM at all. So you will be losing a lifetime of opportunities.
Also, at the end of the day, IIM Lucknow is a top 4 IIM and its brand name will influence you throughout your life. The fees are not a problem as the majority of the students take educational loans offered at low-interest rates. You can pay it back within 5-7 years with the high paying job you land post-MBA.
There isn’t any valid reason for choosing IIM Shillong over the newer IIMs. This is because their establishment time is pretty much the same and not much can be compared. Rather than comparing, I can list down some points as to why you should choose IIM Shillong
The alumni base however is very small obviously because it’s a new IIM. I don’t see why you should go for IIM Shillong and not any other second-generation IIM. But if you compare it to the baby IIMs that have been recently established, it’s definitely a better choice
IIM Trichy is an ideal choice for pursuing a career in Finance. Many reputed banks visit the campus for recruitment like Citi, ICICI Bank, and YES Bank. This year the Finance sector accounted for 15%of the total placements. The highest CTC stood at INR 20 LPA whereas the average CTC stood at INR 17.67 LPA.
The IIFT program of Kolkata may have an upper hand due to its location but it’s not at par with IIM Trichy. If you are interested in the program I suggest you go for the New Delhi one.
The new IIMs are somewhat similar to Trichy but they won’t help you kickstart a career directly in finance. You might have to take baby steps to enter the Finance sector. So it’s best if you choose IIM Trichy only.
Firstly let me clarify something. The 3-year work experience is not a suitable deciding factor for choosing a college. You should decide on a college on the basis of these parameters
Now I will further compare the pros and cons of NMIMS and newer IIMs
Pros
NMIMS
New IIMs
Cons
NMIMS
New IIMs
Now it’s your job to analyze which pros are more important for you to avail and which cons can be a major hindrance in your career.
Deciding to drop out from IIM Calcutta is definitely a very difficult decision. One has to go through a lot to make it. Now if you get a repeat year don’t get demotivated. The first step should be to analyze the reason for your failure.
In case of sickness or personal reasons: Such reasons should be given a second chance. Don’t just give up your bright future just because you failed to accomplish it in due time.
Failed in certain subjects: There are two scenarios to be considered here. First, you are confident that you will now put in extra effort and make it through. Then you should definitely repeat. But if you are not confident and think you won’t be able to make it again then don’t waste your time and efforts repeating. It’s normal not to be able to accomplish certain things that others can. There are always other options that might be better for you.
The most important thing is what your reason for repeating the year is. And honestly, you know best whether you should repeat the year or not.
Without any doubt, I will suggest you choose MDI Gurgaon over IIM Trichy. Some points that favor my opinion are
I think these points are enough to convince you to join MDI Gurgaon.
If you are a marketing enthusiast, IMI Delhi is a much preferable option for you. IIT Roorkee is known for its specialization in Operations and Systems only. To avail of an enriching B School experience one must try not to go for a technical institute unless it is IIT Bombay or IIT Delhi. While the Department of Managements of IITs do excel in Operations they lack in domains such as finance, marketing, HR, and strategic management. Only the exclusive B Schools excel in these specializations.
The main requisites of a rich B School life are
Corporate exposure is sought through corporate competitions, guest lectures , conclaves, and live projects owing to alumni connections and the location advantage of being in Delhi or Mumbai. At a B School the clubs and committees are initiated and operated by Management students themselves whereas, at IITs, it’s the younger BTech graduates that do so.
So it’s the core B School life you will be missing out if you chose DOM at any Technical institute. No doubt the fees are much lower than an exclusive B School but you will be missing other things big time.