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Which is better- PGP-FABM from IIM Ahmedabad or PGP from Indore/Kozhikode? Which one should I go for?
No matter whether you study inboth programs. It entirely depends on your interest in the subject. If you are interested in agriculture or in the food sector then think nothing and go for the FABM program but if you are not interested in this field then you can go with the general PGP program at IIM Indore or Kozhikode.
|
Categories |
IIM Ahmedabad |
IIM (Indore/Kozhikode) |
|
Course Fee (approx.) |
10-23 lakh |
15.01-26 lakh |
|
Placement Percentage |
90-100% |
80-90% |
|
Highest CTC |
40 LPA |
20-35 LPA |
|
Average CTC |
19 LPA |
15-18 LPA |
|
Recruiting Companies |
Accenture, Microsoft, Capgemini, TCS, etc. |
Aditya Birla, Berger, IBM, JP Morgan, etc. |
It might be that the average salary of IIM Kozhikode and Indore be slightly more than that of IIM Ahmedabad FABM program but it has been estimated that in the coming years the student of the FABM program will come across some good and great opportunities
What are the advantages of pursuing PGPM at Great Lakes, Gurgaon?
The Post Graduate Program in Management (PGPM) offered by the Great Lakes Institute of Management (GLIM), Gurgaon is an excellent program and lives up to the reputation that Great Lakes has built over the years. GLIM provides a great course curriculum with top-notch professors to learn from which are similar in both the Chennai and Gurgaon campuses. Some of the advantages of the Gurgaon campus are as follows.
- The location of Delhi-NCR gives an excellent opportunity for industry interactions and networking.
- The course curriculum includes mandatory live project opportunities with corporates which is easier to find in this region.
- The college also focuses on emerging areas such as E-commerce, Business Analytics, etc. which are taught by top industry practitioners.
Apart from that, you can take a look at the placement statistics for the year 2020-21 here.
|
Average CTC |
INR 12.15 lakhs per annum |
|
Highest domestic CTC |
INR 18.83 lakhs per annum |
|
Average increase in salary |
168% |
|
Sector wise placements |
Consulting (32%), Sales and Marketing (21%), Analytics (17%), Product management (15%), General Management (8%), Operations (4%) and Finance (3%) |
So, you should definitely choose GLIM Gurgaon campus for PGPM with its unique advantages.
How often can I visit home while pursuing a two year PGPM course at MDI Gurgaon?
MDI Gurgaon PGPM program is residential and requires its students to stay within campus 24/7. The reason is the unexpected guest lectures, extra classes, and various student activities that usually take place on Saturdays. So leaving the campus to visit your family is out of the question unless you want to miss all these activities.
While some of these activities are only optional, many are compulsory and might affect your placements and academics directly. Moreover, assignments and submissions are usually done on weekends as weekdays are too hectic. So if you are willing to travel home, you can manage to do so once or twice a month making sure none of these activities are affected.
Which one should be preferred between Great Lakes, Chennai PGPM, and IIM Amritsar?
When considering which postgraduate management program to pursue, there are several factors to consider. One such factor is the duration of the program. Great Lakes Institute of Management, Chennai (GL) offers a One-year PGPM program, while the Indian Institute of Management (IIM) Amritsar has a 2-year PGPM program. If you are looking to re-enter the job market sooner, Great Lakes may be a better option for you.
Another factor to consider is the alumni base of the institution. Great Lakes has a larger alumni base than IIM Amritsar, which may provide more networking opportunities. Additionally, Great Lakes offers a unique Karma-Yoga program where students learn leadership skills while giving back to society by helping the surrounding villages.
It's worth noting that IIM Amritsar is a relatively new institution, established only around 7 years ago. While it has the coveted IIM tag, it may not have the same level of prestige or reputation as older IIMs. However, if the IIM tag is important to you, and you are willing to work harder than your peers and give your best in those 2 years, IIM Amritsar may be a good option for you.
Ultimately, the decision of which program to attend will depend on your personal priorities and what you want to gain from the program. It's important to do your own research and weigh the pros and cons of each institution before making a final decision.
Is the XLRI PGDM GM better than GL PGPM and SP Jain? If so, how?
XLRI offers a 15 month, full-time residential program. It is one of XLRI'S flagship programs accredited by the AMBA. It includes a 3 months field training as well. Each batch has only 101 students selected on merit.
SP Jain's PGDM program is a 2-year program accredited by AMBA and NBA as well. This program allows flexibility in changing the major as well.
Here's an overview of the three institutes:
|
Parameters |
GL (PGPM) |
XLRI (PGDM) |
SP Jain PGDM |
|
Placement rate |
100% |
100% |
100% |
|
Campus size |
27 acres |
50 acres |
45 acres |
|
Total Seats |
240 |
360 |
240 |
|
Fee |
11-15 LPA |
23 LPA |
17.50 LPA |
|
Average Package |
13.6 LPA |
24.3 LPA |
22 LPA |
Special Facts on Infrastructure and Program
SP Jain
- PGDM program has access to international visiting faculty members and students from Dauphine University (France), NUS (Singapore), Ledge Business School France, amongst others. Michigan State University and Cornell University are its B-School partners.
- The institute has an amphitheater, residential facilities, and a library.
GL Bajaj
- PGPM program has 50+ faculty members with more than 40 being well-known management gurus and 25+ faculty visiting from Stanford, Yale and Kellogg schools. The advisory council is headed by Ratan Tata.
- The institute has a green campus and the first one in South Asia to be given a LEED Platinum Rating. There are sports facilities available for basketball, football, etc; a library and hostels are present on-campus as well.
XLRI
- PGDM has 900 contact hours, designed for working executives' needs in mind.
- There are 53 electives available to choose from.
- XLRI also has a historic Sir Jehangir Ghandy library built-in 1947; a computer centre; AC lecture halls; Amphitheatre; and 4 residence halls.
Placement Data 2020
XLRI
- The highest salary offered to XLRI students was 30 LPA.
- Students were recruited for the roles of Associate Vice President, Product Manager, etc, by Cognizant, Axis Bank, Genpact, etc.
GL PGPM
- Candidates were offered 13.6 LPA as the average pay and 28.6 LPA as the highest domestic pay.
- This year saw 15 new recruiters including ADP, Dell, Magic Bricks, and Zee Entertainment.
SP Jain
- The institute's number of pre-placement offers (PPOs) and pre-placement interviews (PPIs) has been more than 40% over the years because of its Autumn internships.
- A rise of 15% in average CTC was also witnessed.
- A total of 80% of its batch received offers over 20 LPA.
Students can decide on a program based on the convenience of location and placements provided.
Will you recommend studying from IIM Ahmedabad (PGPM) for 2 years at the age of 32?
Pursuing a PGPM (Post Graduate Program in Management) from IIM Ahmedabad at the age of 32 is a good choice depending on your individual circumstances, career goals, and personal aspirations. Here are some factors to consider:
- Career Goals: If you’re from the marketing or management field the PGPM program will help you advance in your current field or transition to a new one.
- Work Experience: Your 10 years of work experience can be an asset in the classroom, providing valuable insights and perspectives. It can also contribute to your networking opportunities.
- Ranking & accreditation: It is the topmost management school in India according to the NIRF report 2023. It has ranked #1 among all top management colleges in India. Since 2010, the IIM Ahmedabad has received global accreditation from the EFMD Quality Improvement System (EQUIS). It provides certified management courses in various specializations.
- Career advancement: IIMs provide 100% placement, IIM Ahmedabad offers an average salary of INR 31 LPA in their campus placement. The highest packages are about 1 crore. There are several prestigious employers, including PepsiCo, Nestlé, Bayer, Olam, Yes Bank, Amul, UPL, FMC, Zepto, Iff, Licious, and Udaan. IIM Students can draw inspiration from outstanding leaders like Ajay Banga, who is presently the CEO of Mastercard and has also been nominated to run the World Bank. The alumni network is also quite strong.
It's important to note that many individuals pursue an MBA at various stages of their careers, including their 30s and 40s. Age alone should not deter you if you have clear goals and a strong motivation to pursue higher education. Ultimately, the choice to pursue an MBA from IIM Ahmedabad or any other institution should align with your unique circumstances and career aspirations. Consulting with career advisors, mentors, and individuals who have gone through a similar decision-making process can also provide valuable insights.
I have 2 years and 9 months of experience in IT. What should I choose between Great Lakes PGPM and TAPMI?
Since you have work experience an executive MBA program would better suit your career goals. Hence, you should go with the Great Lakes PGPM program. The placement figures are also better for the PGPM program at Great Lakes compared to TAPMI’s regular MBA program and the duration of the program is also lesser (1 year).
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