It’s good that you are starting your MBA preparation from your first year. This will definitely give you a head start. IIM Ahmedabad is a great place to study but it needs a lot of effort. To clear the CAT entrance examination, you have to do exceptionally well in aptitude. CAT is one of the toughest examinations in India. This is so tough that even the students who perform great in their academics end up scoring 55-65% in the CAT examination.
At this stage, you should mainly focus on your graduation degree and prepare from the aptitude in parallel with the degree for the CAT exam. Always keep a track of the latest syllabus as there is a change in pattern. To get admission to IIM Ahmedabad, you need to attain more than 99.9 percentile in the entrance exam, and along with that, you will need a strong academic background, i.e. good marks in 10th, 12th, and in graduation also.
Some important tips that you can follow are, as here.
Hope this helps.
If there are some financial constraints, you should go for FMS Delhi for sure. The RoI is great and FMS Delhi is exceptionally good in terms of placements. But if you want to join the IIM brand, IIM A students can easily get education loans.
I personally know people who have dropped IIM A to be in FMS Delhi. So, it totally depends on your choice and priority. Both the colleges are of the same level, just the tag is the difference, so see what you weigh more.
One of the most significant reasons why ISB is at par with IIM Ahmedabad is because of the fact that only these two MBA programs have successfully been figured in the top MBA programs of the world.
Getting a lot of participation and contributions from international faculty obviously helped a great deal. ISB has almost half the faculty as visiting faculty which is very advantageous in bringing in industry experience and letting the students learn first-hand.
Almost all the other top business schools in India were quite rigid when it came to their curriculum and study pattern. The other B schools are very less adaptable to the ever changing industry standards and hence there was a special need to address this gap. That’s where ISB Hyderabad came in the picture and posed as a strong alternative for IIM Ahmedabad.
The fact that ISB has kept its curriculum open to changes in the industry regularly, it has ensured that it stays a notch ahead of the other B schools. The international faculty here is also good.
Not to mention their alumni who are amazing leaders, managers and operational heads at several leading firms across the globe.
ISB Hyderabad has ensured that all its students have the capabilities to do wonders.
IIM Ahmedabad is known for its fast, seamless and operational internet services. Various restrictions on illegal websites and torrents are also imposed rightfully. The Wi-Fi is password protected and not free.
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 Ahmedabad or any other IIM does not consider the type of college the candidate belonged to as eligibility criteria. So rest your worries and apply for MBA in your dream college even if your undergrad BBA college was a less reputed one. Regarding your undergraduate college, the only criteria are the minimum marks for appearing for the CAT exam i.e. 50%. All you need to do is get an excellent CAT score.
To get admission to any IIM, you need to focus on things like CAT score, 10th, 12th, Bachelor grade. The school and colleges from where you acquired your education do not matter at all. What matters is that your academic profile should reflect your excellent scores and involvement in extracurricular activities
So, appear for CAT, aim a 98.5+ percentile, and get admission to IIM Ahmedabad. What’s stopping you?
Yes, students of IIM Ahmedabad with no prior work experience can participate in the double degree programme with the European Institutes. The selection for the same is based on:
Your academic performance
Extracurricular performance
Any foreign exposure
So your work experience has nothing to do with the double degree program. Rather your academic performance at IIM Ahmedabad and prior foreign exposure helps you in getting selected for this program.
IIM Ahmedabad has seen some of the most reputed recruiters over the years one of them being MBB (McKinsey Bain and BCG).
In IIM Ahmedabad ? batch takes consulting and MBB is the largest recruiter among them.
Average Salary: INR 35 LP for associate position (also a bonus of 15-25 percent).
To answer this question you need to know what a stellar profile really is. It’s your particular skill set that makes you a good candidate for placements rather than just your academics and course.
If you are referring to placements as survival then trust me there are jobs for every profile. You need to focus on two main things. Excel in your own field (Humanities or Commerce) and develop a good network.
As far as the placements are concerned your particular background will fetch you the most suitable job.
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.