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Should I join Accenture or IIM Raipur?
Your question basically means whether you should gain experience or pursue MBA from IIM Raipur. In my opinion, joining IIM Raipur is the right choice because
- You have cleared CAT and got selected. This might never happen in the future again due to the unpredictable nature of CAT. So don’t lose this opportunity.
- Joining Raipur right now is almost similar to going for a better B school 2 years later as Raipur might be flourishing till then.
- Even if you work and join IIM Raipur later, your disinterest in the job might be reflected in your interview thus becoming a negative impact on the panelists.
The fear of joining a new IIM is common as one is investing huge amounts of money. But you need to remember that every new IIM becomes an old IIM one day.
Which one of the two would be a better choice, IIM Raipur or IIM Kashipur?
IIM Delhi would have been a reality if capital cities were the only places that could draw high-caliber placements. Since many of the participants in this thread appear to be unaware of the paradox that geography affects employment opportunities.
Slow placements and offer retraction have been a source of complaint for many IIMs. In addition, numerous IIMs, including Raipur, according to the papers, have been asked to submit their reports for review by the MHRD due to unsatisfactory data. But Kashipur is not at all a part of these worrying developments. IIM Kashipur was given the all-clear despite not encountering either of the issues.
If you compare the reports, which basically show people don't give a hoot about geography if they have the quality to be obtained, it still has one of the highest numbers of companies visiting the campus. In contrast, IIM Kashipur's numbers have consistently outperformed those of comparable institutions, and one can also see that the roles available are comprehensive and varied.
So, if you want a quality education and a quality job that will be a uniform outcome of quality education, go somewhere that is off-limits to the rest of the world.
What is the placement scenario at VGSoM (IIT Kharagpur) when compared with new IIMs like Ranchi, Raipur, Kashipur, Trichy, Udaipur, and Rhotak?
In 2022, the VGSOM IIT Kharagpur business school achieved a 100% placement rate for its students. All 97 students who registered for the placement process were successfully placed in jobs. The highest salary package offered during the placement process was 31.98 LPA, while the average package was 19.36 LPA. These strong placement results demonstrate the success of VGSOM IIT Kharagpur in preparing its students for the job market and the value that employers place on its graduates.
Here is an individual's experience at IIT Roorkee, which was one in which he received admission to the institute in 2004 after having eight years of work experience. At that time, the management programs at IITs were relatively new and placements were not as strong as they are now. Despite this, he decided to attend IITR and focus on their studies and enjoying their MBA experience, rather than worrying about job prospects. As a result, he performed well academically and was able to secure an okay job in the IT industry. Through hard work and dedication, he was able to triple his salary within four years and work on projects in various countries. Ultimately, he retired in 2010 to travel and is still doing so seven years later. He believes that both IITs and new IIMs are good options for business education and that it ultimately depends on the individual's goals and priorities. He advises focusing on academics and enjoying the experience, as a job will eventually be obtained.
What makes IIM Raipur special?
When it comes to evaluating the uniqueness of IIM Raipur, it's important to consider that the institute is relatively young, having been established around 22 years ago. You have the opportunity to witness the growth and development of the institute from its early stages. While IIM Raipur may not yet be considered a peerless institution, it has still managed to create a niche for itself among the IIMs.
One of the strengths of the institute is its per-capita spending on study materials, which is not limited, unlike older IIMs. Additionally, IIM Raipur is open to experimentation, which is a result of it being a startup compared to other, more established institutions.
Another aspect that works in favor of IIM Raipur is the student community. Despite past and ongoing constraints, the students have been continuously working to improve the institute and increase its visibility. This is evident in the outreach to aspirants during the post-CAT admission process, and the establishment of niche clubs like HRidhaan, OPEP, and CEC. Furthermore, the events organized by the institute such as HR Summit, GSMC, ICHL, and Leadership Summit, are of high visibility and good quality.
In conclusion, while IIM Raipur may not yet be considered a special institute, it is different in a positive sense and has the potential to become special in the near future.
Can you become a professor in IIMs or IITs after FPM from new IIMs, like Rohtak or Raipur?
Becoming a professor from the new IIMs is definitely possible but rare. The FPM program offered at the new IIMs has varied peers some being freshers while some with Masters from foreign universities.
The following things matter when selecting an Assistant Professor in a new IIM
- Your experience
- The quality of your papers
The chances are rare because most of the new IIMs have professors who have done Ph.D. from older IIMs like IIM Ahmedabad, IIM Bangalore, and IIM Calcutta. Ph.D. is a program that totally depends on your performance and research. The initial years focus solely on research training and cannot be enough to make you eligible for faculty positions.
So your chances are rare but not null.
Which IIM among Rohtak, Raipur and Kashipur is better?
If a college's ranking is important to you, there are thousands of ranking websites online that can tell you where these institutions stand in relation to one another. If you believe infrastructure is what you are looking for, you will find everything you need to finish the course in all of these. The faculty at IIM Kashipur is among the best in the country. If you are willing to listen, they have a lot to share from their experience and subject knowledge.
What distinguishes a good institute is the amount of time you spend there as well as the type of exposure and opportunities you receive. IIM Kashipur has a large number of academic clubs, including those focused on finance, marketing, human resources, analytics, and other subjects. These clubs are always working to plan workshops, competitions, and guest lectures from experts in their fields. To ensure you don't miss any opportunities, they will constantly keep you informed about the various competitions that take place in other business schools.
Which one should I choose between IIM Raipur and IIM Kashipur for Finance?
In order to make an informed decision, you will need the following guidelines to guide you:
IIM Kashipur has joined the CFA Institute University Affiliation Program (UAP), joining the other seven IIMs. IIM Kashipur will incorporate at least 70% of the CFA Program Candidate Body of Knowledge (CBOK) into the curriculum of the two-year Master of Business Administration (MBA) programme, according to programme specifications.
Renowned Faculty - IIM Kashipur has some of the best regular finance faculty in the country. Many faculty members have had papers published in prestigious international journals such as Springer, Sage, and the EBSCO database. Furthermore, the instructors for these courses hold degrees such as CFA, MPhil, ICWA, and so on.
A combination of Finance and Analytics - Because IIM Kashipur offers a dedicated Analytics-specific MBA programme, the courses taught here are a synthesis of both domains, preparing students to excel in the Fintech industry.
Bloomberg Terminal - In collaboration with Bloomberg L.P., IIM Kashipur has 12 Bloomberg Terminals on its campus. These terminals allow students to monitor and analyse real-time financial market data movements, as well as provide a wealth of information about industries and economies around the world.
Companies that come to campus for recruitment include Deloitte, Futures First, TATA Capital, ICICI Bank, HDFC Bank, CRISIL, Tres Vista, Axis Bank, and others. Asset Management, Investment Analyst, Market Risk Analyst, Mergers & Acquisitions, International Banking, and other positions are available.
Which one to choose between IIM Raipur, IIM Udaipur and IIM Trichy for Finance?
For Finance, IIM Trichy is the best option. It has a great faculty base for this domain. Most of the faculty members are from IIM ABC. It is among the handful of B-School in India that has an association with CFA.
According to the highlights of IIM Trichy placements 2021, 15% of the placement offers were made from the finance sector. The average CTC offered by the recruiters from this sector was INR 17.67 LPA.
Is it worth preferring IIM Raipur over IIM Rohtak?
- Large batch size with 252 students registered and 113 recruiters participating, including 45 first-time recruiters
- Academic rigor with a case-based learning methodology, practical simulations, and interactive coaching. Professors have experience in both teaching and industry exposure.
- Various majors are offered such as Sales & Marketing, Operations, Finance, HR, Strategy, and IT
- Permanent campus with single occupancy hostel rooms with attached bathrooms
- Good connectivity through air, rail, and road
- Strong record of placement, with 100% of students placed in the 2022 placement drive. The highest CTC offered was INR 42.15 LPA, with an average CTC of INR 17.73 LPA and a median CTC of INR 16.95 LPA
- Student exchange program with 14 international partners and 59 global seats
- Active student clubs and committees, supported financially by the college, and an environment that encourages co-curricular and extracurricular activities
- Modern infrastructure with smart classrooms, state-of-the-art management library, sports complex, shopping complex, and food courts
- Affordable tuition fees at less than INR 15 Lakhs (excluding mess charges)
Which would be a better choice, IIM Raipur or IIM Trichy?
I think firstly you need to change your mindset. Rather than pondering on which college is better, ponder on which college is better for you. Analyzing your situation this way will enable you to make a wiser decision. This is because only you truly know what you want from your MBA degree, and that is the sole basis for deciding your choice of college.
Now identifying your own interests and preferences might be a tricky task. I have some tips that might help you know your forte.
- Use the research tools of today’s world and study different colleges
- Try to find what you want to achieve after completing your MBA
- If you have decided on a certain domain, go through the alumni profiles of that specific domain. Check the same for various B Schools analyzing which B School has the maximum percentage of alumni in that domain.
- Study the culture of various B Schools you are choosing from
- Look for location advantages and accessibility
Checking all these aspects might help you come up with a healthy decision. Don’t be hasty to choose a B School as this decision will affect your career.
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