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How is IIM Calcutta for the advanced program in data science, 1 year certification course? Is it better than the ISB Hyderabad course and IIITB PGD in data analytics?
In my opinion, the IIM APDS is just an average course. ISB Hyderabad course is much better. It’s better to do Data Science courses from technical universities rather than Management colleges like IIM. Also, the IIM APDS course is quite expensive and more like a BA course than Data Science. It focuses more on Business Mathematics/ Business case study discussion than how to explore a data set.
ISBs course best among these courses because it has all the things that are required:
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Brand
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Faculty
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Industry Connect
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Curriculum
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Alumni
Also this course has more time for all the subjects and capstone projects too. The only drawback is the high fees.
How much does the graduation score effect in placements (summer and final) of IIMs (IIM C in precise) and FMS, Delhi? Will 68% in UG will be a hurdle for me in placements?
Let’s consider the effect of graduation scores in summer and final placements separately.
Summer Placements:
During these placements, the recruiters don’t have your MBA profile to judge you. So they have to take your graduation score, past academics, and other criteria into consideration. The summer placements are largely based on what the candidate has achieved till the time he joined his/her MBA program. This is exactly why placement committees request that students utilize the time before joining the institute to improve their resumes. You can upscale yourself with work experience, your education, your extra-curricular activities, etc.
Final Placements:
During these placements, the students are almost about to complete their MBA. This means their profile has improved through various on and off-campus opportunities. These opportunities include research projects, work on industry projects, and summer internships. So now your CGPA in your MBA program and performance in these activities carry more importance than your undergraduate CGPA.
So we can say graduation scores matter in summer placements but not much in final placements.
Are the salary packages for IIMs higher than those from JBIMS?
IIMs can be broadly categorized into two categories; the first comprising IIM ABC and the second comprising IIM KIL. The total fees will be around 16-18 Lakhs or a few lakhs more for these IIMs. As far as the average package is concerned for IIM ABC, it is around 19-20 Lakhs while for IIM KIL it is merely 2 lakhs less. The highest CTC is around 60-70 (International) for these IIMs.
Coming to JBIMS, we get to witness a much higher ROI. This is because the average package is almost similar to these IIMs while the fees are much less. Also, it is a Mecca for Finance enthusiasts. JBIMS has many notable alumni that carry its brand name proudly. Some of them include
- Vinita Bali, Managing Director of Britannia
- Chanda Kochhar, Managing Director & CEO, ICICI Bank, India
- Nitin Paranjpe, CEO and Managing Director, Hindustan Unilever Ltd
- Ajay Piramal, chairman of Piramal Healthcare
So yes, the salary packages of certain IIMs might be slightly higher than that of JBIMS but considering the ROI factor that slightly differs doesn't really matter.
I'm working in ONGC for last 2 years after graduated from IIT Ropar? Now I have cracked IIM L, should I go for it?
I know a friend who had cracked ONGC and almost touched 100 percentile in CAT. He decided not to go for ONGC but rather to prepare for CAT. But as luck would have it, she couldn’t make it into IIM A B C.
She did not give up and studied hard for the same and got into IIM Calcutta and graduated in 2016. After a couple of chances, she opened her own company in the conventional manufacturing space.
The conclusion from this experience is that you should forego the IIM Calcutta offers if:
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you want immediate monetary gains
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you do not want to take risks
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you are not interested in entrepreneurship
You should go for IIM Calcutta if:
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You are looking for a brand name
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A huge IIM L network access
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If you want an opportunity to pierce into the corporate management space
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If you are interested in entrepreneurship
It depends mainly on your risk undertaking ability and what you want from your job.
Are placements at IIM Calcutta as good as that of IIM Ahmedabad?
I will mention the placement statistics of both and let you decide if IIM Calcutta has placements as good as that of IIM Ahmedabad.
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Particulars |
IIM Calcutta |
IIM Ahmedabad |
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Highest Package |
INR 1.15 CPA |
INR 1.15 CPA |
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Average Package |
INR 35.07 LPA |
INR 34.36 LPA |
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Top Recruiters |
Avendus Capital, Citi Bank, HSBC, Goldman Sachs |
Emaar, A91 Partners, BCG, PwC, KPMG, HSBC |
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Total Offers |
573 |
280 |
Following are my insight from the above comparison:
- Almost all students of both institutes IIM Ahmedabad and IIM Calcutta are placed so there isn’t much difference.
- Moreover, the median packages are similar proving that the placement scenario is similar.
So I don’t think there is much difference between the placement scenarios at IIM Ahmedabad and IIM Calcutta.
How is the life at IIM Calcutta?
Life at IIM Calcutta is Tough, full of Challenges, but also comes with Great Rewards. IIM Calcutta provides a place where Students can concentrate on Learning and Growing together.
At IIM Calcutta, students have Hectic and Busy Schedules where they sometimes need to Work all night to complete Projects and Assignments. However, they also have a lot of fun, from Parties to Late-night Football and Cricket Tournaments under the Floodlights.
Overall, it's a Valuable experience that helps Students get ready for the Tough Parts of Working in the Business World.
What are the differences between IIM Ahmedabad, IIM Calcutta and IIM Bangalore?
Among IIM ABC, IIM Ahmedabad is most preferred by MBA aspirants. The long-standing legacy is the reason why most people view IIM A as a superior option. However, all three of these IIMs are almost on the same level in terms of academics and placements. IIM Ahmedabad is most preferred for Marketing. While IIM Bangalore is well-known for offering good Consulting job roles. For Finance specialization, IIM Calcutta is the first choice for students.
The faculties and infrastructure are great at all three of these institutes. People who have the choice between these three IIMs, usually choose based on the specialization they are interested in.
Why did you choose IIM Calcutta over IIM Ahmedabad ?
Students interested in Finance specialization choose IIM Calcutta over IIM Ahmedabad. IIMC is known as the finance campus of India. During IIM Calcutta placements 2021, around 17% of the placement offers were from the Finance domain. It offers more front-end core finance job profiles.
IIM Calcutta is among the only 108 business schools in the world to have triple accreditation (AACSB, AMBA, and EQUIS). Other reasons for preferring IIM C over IIM A can be ascribed to personal inclination and location.
What are the best courses to take in IIM Calcutta?
My brother is in IIM Calcutta and over the period of 2 years he has studied many valuable courses. But 3 of them top the list of his favorites.
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Statistics for Management: Taught by Prof. Rahul Mukerjee, this course is a mandatory Term-I course. More than the subject itself it’s the professor that makes it an amazing experience. He is the recipient of many national awards and has taught all over the world at reputed universities like Harvard.
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Options, Futures and Derivatives: IIM Calcutta is without a doubt the finance campus of India. The finance faculty is the best you can get and this course does justice to finance completely. It’s quite a tough subject based on derivatives and technical finance. But for a true finance lover, it’s the best. It is taught by Prof. Binay Bhushan Chakrabarti (BBC) who was the Gold Medalist of the Batch of 1980 from IIM Calcutta.
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Management of Self: Another eye-catching course at IIM Calcutta is Management of Self taught by Prof. Leena Chatterjee. She is a motherly figure in college. This is the only course here that teaches you about nothing but your own self. It’s a sort of personality grooming course that requires you to take a few personality tests and write an autobiography. This course helps you get more familiar with yourself and overcome internal struggles. It’s a Term-V elective course.
Although all courses offered at IIM Calcutta have their own benefits, these 3 are among the best maybe because of the respective professors.
What if I convert IIMs but don't have enough money to pay the fees?
Trust me if you get into any IIM, banks will be after you to get loans from them. Banks consider an IIM student a good investment and therefore offer educational loans at a very low interest rate.
My uncle’s son had cleared CAT and got into IIM Calcutta. He got a loan from a bank at an extremely low interest rate. He had to deposit a demand draft of INR 3,23,050 at the time of the MBA registration process (second week of June). The rate of interest is 8.4%. After MBA, you will be in the 30% tax slab. The interest paid on an education loan is tax-deductible. So, your effective rate of interest is 8.4(1–0.3)=5.88%. This is the cheapest loan one can get in India. So it’s recommended that you take a loan even if you have money.
Banks like SBI, CBI, BOI, and PNB will give you loans as high as 30 lakhs without any collateral.
Apart from loans, IIM Calcutta also offers a lot of financial assistance to financially weak students. Need-based-scholarships are offered. IIM Calcutta provides Financial Assistance to students whose family income is less than 8 Lakhs.
Rather than worrying about money focus more on your goals and academics.
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