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Is there any 100% scholarship for 2 years available at IIM Ahmedabad?
IIM Ahmedabad students can benefit from various scholarships and financial aids for their PGP/PGP-FABM.
Some of these scholarships/ financial aids are- Aditya Birla Group Scholarships, Dunia Scholarships for scholastic excellence, OP Jindal Engineering and Management Scholarship, T.Thomas Scholarship, PGP Alumni Endowment Funds, IIMA Special Need Based Scholarships, etc.
It is possible to accept scholarships/ financial aids from more than one source to cover your yearly study and lodging expenses entirely. However, your selection for these financial benefits depends on the selection committees of the respective sources offering these scholarships/monetary aids.
You can check the IIMA official website to gather more information on the subject.
Is there any English graduate who has made it into IIM Ahmedabad Bangalore or Calcutta?
Yes, there are English graduates who got into IIM Ahmedabad, Bangalore, or Calcutta. Although the number of such people is less. If you are an English graduate, you will be at an advantage. As your profile will add diversity to the batch. If you can manage to score well in CAT and have a stellar academic background, you can get calls from IIM ABC.
What is the difference between IIM Ahmedabad and IIM Bangalore, considering the brand value, placements, packages, etc.?
I have drawn a clear comparison between IIM Ahmedabad and IIM Bangalore based on the following parameters:
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Campus size: IIM Ahmedabad and IIM Bangalore both has a campus of 100 Acres.
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Hostel: IIM Ahmedabad has 25 student dormitories with a total capacity to hold about 740 occupants. IIM Bangalore also offers single-room occupancy to its students.
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Internet facility: Both the hostels have a 24/7 internet connection.
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Crowd Diversity: IIM Bangalore is slightly at an advantage here because IIM Ahmedabad lays more emphasis on the engineering background of students.
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Learning experience: IIM Ahmedabad is more academically oriented whereas IIM Bangalore focuses on the overall development of its students.
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Rigour: The faculty strength, academic mix, and more balanced approach to extra-curricular activities make IIM Ahmedabad a better one in this regard.
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Fees: IIMA- INR 23 LPA, IIMB- INR 24.5 LPA.
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Placements: It will be unjustified to decide which IIM of the two offers better placement opportunities. This is because both offer the best but in their respective specialties. IIMB offers more placement in IT functions and IT/E-commerce industry whereas IIMA offers better consulting and financial services.
Based on the above factors we can infer that no B-School is better than the other. It all depends on how well you make use of the resources and achieve your goals. Both the IIMs will definitely give you a once-in-a-lifetime experience.
Who earns more, IIT Delhi (B.Tech) or IIM Ahmedabad (MBA)?
Comparing the average CTC of IIT Delhi and IIM Ahmedabad we get:
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Average CTC of IIT Delhi: INR 16 LPA
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Average CTC of IIM Ahmedabad: INR 26 LPA
One gets into IIM Ahmedabad after gaining 2.5 years of work experience. Adding the 2 year PGP Program, he is likely to start earning after 4.5 years. Around this time, candidates of both IIM Ahmedabad and IIT Delhi will be earning almost the same amount.
The only advantage an IIM Ahmedabad student will have is its tag which will add value in the long run.
Have any BBA or BMS grads made it to IIM Ahmedabad?
I’ve had the opportunity to visit IIM Kozhikode, IIM Bangalore and IIM Ahmedabad for various competitions. While at these institutes, I interacted with many students. Some of them were from Economics background, and one had even completed her graduation in Philosophy.
Students from all these backgrounds, including BBS/BMS enjoy the diversity factor. This gives them an upper hand in the selection process over Engineers. But to enjoy this benefit, one must have a good CAT score, and a good academic record.
Prepare well for your CAT, and make sure you have a good academic record. If you fulfill these criteria, you’ll get into IIM Ahmedabad, regardless of your educational background.
Also, make sure to prepare well for the quant section of CAT. This is where the engineering students outdo the candidates from other academic backgrounds.
Have any BBA/BMS grads made it to IIM Ahmedabad?
Yes, each IIM Ahmedabad batch profile includes many BBA and BMS graduates. In fact, you will find students from similar backgrounds in every IIM. But the majority of each branch comprises engineering students. Owing to their academic background, engineering students have an upper hand in the Quants section of CAT.
Although the majority are engineers, you will find students from diverse backgrounds with degrees in Arts, Commerce, Science, etc. If you are a student of BBA, you will enjoy the diversity factor which will give you an advantage during the IIM Ahmedabad selection process.
How is it to intern at CIIE IIM Ahmedabad?
The internship experience at CIIE IIM Ahmedabad is one of the finest experiences you will get and may even help you to become an entrepreneur yourself.
Opportunities are galore here and you will get the first-hand experience of understanding the technologies and business models being followed by startups all over the world. You will get in-depth knowledge about market research such as segmentation, gapping, opportunities, and drawbacks, etc.
One of my friends did his internship there during his summer break a few years back. Here are some of the things that he got to experience there.
- Work culture – The best thing about working here is this. All the interns play games like cricket together like a team.
- Networking – You will interact with lots of entrepreneurs and get exposure. There are various events such as Startup Saturdays and Tech 4Impact where you can make contacts with many budding entrepreneurs.
- Learning Experience – You can learn while you work and start your own business venture as well.
Thus overall it is a very nice and enriching experience to work here which you will cherish forever.
Is it possible to get a job at McKinsey, Bain, BCG or A.T.Kearney 1 year after graduating from IIM Ahmedabad?
Yes, it is possible to get a job at McKinsey, Bain, BCG, or A.T.Kearney. You can apply directly through their website or referrals. If you are applying for a job in these companies go through the hiring rules thoroughly.
There is a waiting period of 24 months for two attempts at the recruitment process in McKinsey. The hiring procedure is similar to campus recruitment. You will have to go through case-type interviews. Based on the availability of the role, McKinsey conducts recruitment once or twice a year.
What is your dream job after completing an MBA degree from IIM Ahmedabad?
Following roles are open for students in the following domains.
If MBA in Finance:
- Corporate Finance
- Corporate Banking
- Credit Risk Management
- Asset Management
Goldman Sachs, Merrill Lynch, Morgan Stanley, and JP Morgan are some of the best companies to work for if you have an MBA in Finance.
If MBA in Marketing:
- Competitive Marketing
- Business Marketing
- Online Marketing
- Analytical Marketing
- Customer Relationship Marketing
Marketing management experts can find work in places like advertising agencies, marketing firms, the FMCG sector, the financial services industry, the IT field, and more. Accenture, Amazon, Capgemini, IndusInd Bank, Ing Vysya Bank, India Infoline, etc. are some of the best places in India to find marketing jobs.
MBA in Managing People Resources:
HR workers are becoming more and more important in all parts of the business world. So, people with experience in HR Management can find plenty of jobs in IT companies, law firms, advertising firms, retail companies, media houses, newspapers, and other places.
MBA in the Management of operations
Graduates with this specialization usually get jobs in product/service-based units, such as –
- Retail
- Logistics
- Hospitality
- Transportation
- Manufacturing
- Construction
Damco, Blue Dart, First Flight, GAIL, ONGC, and NHPC are some of the largest companies in India that hire people with Operations Management skills.
Business Analytics MBA:
MBA graduates in Business Analytics can get work in many different fields, such as IT, healthcare, finance, e-commerce, etc. Some of the best places for Business Analytics people to work in India are Boston Consulting Group, Accenture, Capgemini, Wipro, Amazon, etc.
Is it possible to get a job at McKinsey, Bain, BCG, or A.T Kearney 1 year after graduating from IIM Ahmedabad?
At McKinsey, the minimum time between two attempts to go through the recruitment process is 24 months. The procedure is the same as on campus, with similar case-type interviews. There are two options for applying: directly through the website or through a referral. In either case, your CV will not be accepted until you have completed two years of work. The process for lateral hires is carried out 1-2 times per year, depending on the availability of roles. If your CV is chosen for further consideration, you will be contacted for an interview. If the partners interviewing you are unsure about something, the opinions of your batch mates will only serve as a push in either direction. Also, if you were previously shortlisted for campus interviews, those who interviewed you will be asked for their perceptions.
As a result, it would be beneficial to receive feedback on why you did not pass the previous exam and whether you were able to make up the difference in the two years between. For example, if you lacked leadership experience, did your workplace provide you with opportunities to demonstrate it? Have you gained experience delivering analytics-heavy projects if your academics or problem-solving skills were a weak link? These are the topics on which you will be grilled the most.
Lateral hiring for those who were previously rejected is extremely rare, and even if you make it, you will start at the bottom, a couple of years junior to your batch mates.
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