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Which is better, Amity University in Gwalior or Indore Institute of Management?
IIM Indore is one of the most prestigious B-schools in India and is more esteemed than Amity University Gwalior. The courses at IIM Indore are exceptional owing to its demands and outcomes. Meanwhile, Amity University is still towards development and giving results to students in the last ten years.
Ranking
Amity University Gwalior-
- 151st out of 200 in Top Universities in India 2020 by NIRF.
- 68th out of 76 in Top Universities in India 2020 by The Week.
IIM Indore-
- 7th out of 100 in the B-Schools of India by NIRF.
- MBA stands 5th in the 284 colleges of India to India Today
Eligibility
The eligibility criteria for some different courses are mentioned:
Amity University Gwalior-
- BBA: 55% in 10+2 from CBSE (or equivalent)
- MBA: Graduation with 50%+ CAT/XAT/MAT/NMAT/GMAT scores
- BA (Hons): 55% in 10+2 from CBSE (or equivalent)
- B.Tech: 60% in 10+2 from CBSE (or equivalent) and Amity JEE entrance exam
IIM Indore-
- PGP: Graduation+ CAT/GMAT/GRE
- PGP- Mumbai: PGPMX Aptitude Test
- EPGP: GMAT+ 5 years of work experience
- FPM: CAT/GRE/GMAT or JRF in some fields -
Placements
Amity University Gwalior-
- 1030 job opportunities were given by 84 companies.
- The placement percentage was 97.95%.
- The highest package of INR 7.50 lakhs was bagged by a BTech student in TCS.
- The prominent recruiters from the batch 2018-19 include Asian Paints, ZYCUS, Extramarks, William Penn, Cognizant, Flipkart, Tata Consultancy Services, HDFC Bank, etc.
IIM Indore-
- There were two international offers amongst 2019-2020 placements.
- For Summer Placements 2020, there were 150 total recruiters for 547 students.
- The highest stipend and the average stipends were INR 4 lakhs and INR 2.57 lakhs respectively.
- The roles offer was in Automobiles, Consulting, E-Commerce, Infrastructure & Real Estate, Pharmaceuticals, Media, Technology, Telecom, BFSI, Energy, FMCG, and Healthcare among many others.
The table given below shows the placement statistics of both institutions:
|
Criteria |
Amity University Gwalior |
IIM Indore |
|
Total number of recruiters |
84 |
+160 |
|
No of students |
246 |
578 (44% females) |
|
Highest CTC |
INR 7.50 LPA |
INR 50 LPA |
|
Average CTC |
INR 3.30 LPA |
INR 22.92 LPA |
|
Median CTC |
INR 3.00 LPA |
INR 22 LPA |
|
Number of new recruiters |
17 |
45 |
The placements at IIM Indore are far more ahead of Amity University Gwalior. There are international offers as well for students. The fees are higher at IIM Indore, but the students get returns as well. Amity University, however, lags and does not stand in line with IIM Indore.
Which IIM should I prefer between Indore and Kozhikode after being a commerce graduate without experience keeping marketing as my priority?
IIM Indore and IIM Kozhikode are often compared to each other. Both the institutes have their unique strengths and weaknesses. Here is a general comparison based on some parameters you would want to consider before choosing your college. Students must make a choice according to their preferences.
Batch size - The batch size includes around 550 students which includes around 100 students from the Integrated Program in Management. The batch size of IIM Kozhikode is approximately 350 students.
Electives Offered
|
IIM Indore |
IIM Kozhikode |
|
Economics |
Economics |
|
Finance & Accounting |
Finance, Accounting & Control |
|
Information Systems |
Humanities & Liberal Arts in Management |
|
Marketing |
Marketing Management |
|
OB and HR |
Quantitative Methods & Operations Management |
|
OM and QT |
ON and HR |
|
Strategy |
Information Technology & Systems |
|
Communication |
Strategic Management |
|
Humanities and Social Sciences |
Interdisciplinary |
City: IIM Indore has better connectivity in terms of transportation. Owing to close proximity to the industrial city of Pithampur, IIM Indore has frequent industry interaction sessions. IIM Kozhikode on the other hand, despite being home to natural beauty, is difficult to access for recruiters and visiting faculties. The city also lacks industrial development.
Campus life: Apart from academics, students participate in various events, committees, industrial visits, and festivals throughout the program. The Rural Immersion Program at IIM Indore exposes students to life in rural Madhya Pradesh. The Himalayan Outbound Program is one of the unique features of this program. In IIM Kozhikode, students lead a hectic life always busy with something or the other be it academics, clubs, committees, events, and festivals throughout the year.
Exchange Program: IIM Indore gives students an opportunity to undertake full-time study for one or two semesters at any of its international partner institutes.IIMK offers exchange programs for students and faculty with their partner institutions.
Placements: The placement statistics are compared through the table below
|
Particulars |
IIM Indore placements |
IIM Kozhikode placements |
|
Highest CTC |
INR 1.14 CPA |
INR 67.02 LPA |
|
Average CTC |
INR 30.21 LPA |
INR 31.02 LPA |
|
Top Recruiters |
Amazon, BCG, Cipla |
Accenture, Amazon, Microsoft |
What is better, B.Com (H) from SRCC, BMS from Shaheed Sukhdev or IPM from IIM Indore?
All of these are very good courses to pursue, but all of them are different from each other and have their own advantages. Let's have a look at all the courses.
- B.Com (Hons) from SRCC: This course is among the best for commerce and the alumni network of SRCC is very good. It will help the corporate industry and helps the students to secure a good job in a reputed company. The course curriculum of this college is of high standards and it will have a great impact on your personal growth and development.
- BMS from Shaheed Sukhdev: This is another popular course and is much better than many of the BBA courses. But it lacks behind other courses such as B.Com and IPM in terms of recognition and exposure in the industry.
- IPM from IIM Indore: It is a newly introduced course and there is not any alumni base. This makes it uncertain for some companies to visit during placements. The placement opportunities and the industry exposure available in this course are still unknown. But IPM can be a very good option for personal development.
These are a small introduction for all the courses, and now you can choose one from any of them according to priorities and requirements.
How can I get a summer internship at IIM Indore under Prof. Siddhartha K. Rastogi?
One of my friends was a student of Mr. Siddharth K. Rastogi. He mentored my cousin while he was working on some projects.
He has worked on topics related to Public Policy, Trade and WTO, Tourism, China, Sports Analytics, and Bird-watching. Mr. Rastogi needs students with excellent writing and editorial skills, specifically academic writing and with excellent statistical analysis.
You must also look up some other professors as well with probably a better record in research. The general perception is that such internships are meaningless and might be useful only if you are amongst the top 1%.
Which will pay me better: CA or IPM IIM Indore?
CA (Chartered Accountancy) and IPM (Integrated Program in Management) are two different career paths with different job prospects and salaries. CA is a professional degree in accounting and finance and is highly respected and has a well-salaried job in the industry.
A fresher Chartered Accountant in India can earn an average salary of around 7-8 lakhs per annum, and higher with more experience and expertise. On the other hand, IPM is a five-year program offered by IIM Indore that combines undergraduate and postgraduate studies in management. Graduates from this program are generally placed in management roles in various industries, with starting salaries averaging around 10-12 lakhs per annum, and increasing with experience.
The final decision of which career path to pursue depends on your interests, skills, and career goals. Both CA and IPM offer excellent job opportunities and potential for growth. So, choose wisely, All the best buddy!
How was your social internship experience at IIM Indore while doing IPM?
Social internships are an important part of the IPM program and must be done during the summer break between the second and third years. The goal of the internship is to give students hands-on experience with real social problems and let them use what they've learned in the classroom to make a good difference in the world.
Students picked up social job positions in places like CSR, NGOs, Social Enterprises, Academic Institutions, and Social Activists. The placement season was spread over a few weeks so that the organizations could give the participants a wide range of functional tasks.
- TISS (Prayas)
- Pradan
- Akshaya Patra
- Tech Mahindra
- CIGS JCB
- Jindal steel
- RTERC IIM Ahmedabad
- Aditya Birla
- Centre For Studies In Equity
How many questions out of 100 do I need to attempt in IPMAT to get a seat in IIM Indore?
There are total 100 questions in IPMAT and candidates have to answer the questions in 120 minutes. There are 3 sections and the duration for each section is 40 minutes. For every correct question you get +4 and for every incorrect answer there is a deduction of 1 mark. The cutoff for last year was around 306 so in order to get the interview call you need to attempt around 82-85 questions with an accuracy of 80 %. The more you increase your accuracy the lesser the pressure of attempting more questions.
How should one attempt the IIM Indore IPM exam? Can you provide the previous year papers of the IIM Indore IPM exam?
One of my friends is a recent alumnus of IIM Indore. He took the IPM exam and here is a brief overview of what he mentioned about the examination.
- There is no additional section-wise time limit and you will have the liberty to compartmentalize the time as per your convenience.
- Nonetheless, the exam strictly follows negative marking schemes, making it quite trickier.
- You should attempt questions that are rather easier to go for and are slightly less time-consuming.
- Stay confident before taking the exam. Besides, your preparation should be top-notch, and according to the updated curriculum of the exam.
Hope this helps answer your question.
What would be some last minute tips for the IIM Indore IPMAT?
If you are planning to get admission into top B-schools in India for doing IPM program, then you must know that IPMAT Exam is the most critical exam. To crack this exam, you need to follow some tips, which are as follows:
Before the Exam:
- Confirm the exact location of the test place at least one day before the IPMAT exam day to ensure that transportation is available on time.
- Visit the Testing Center: Arrive early, well before the scheduled exam hour.
- Use the restroom before to the start of the test.
- Do not bring cell phones or other electronic devices, such as Smartwatches, to the exam centre because the machines are not always available.
- Personal property will not be safeguarded outside of the testing hall.
- There are no stationary objects allowed, such as a pen, stylus, or paper. Rough pads and pens will be given to the applicants.
- Write your name and application number on your rough pads/sheets.
During the Exam:
- Time management is vital in such exams, so start with the questions that are in your advantage.
- Maintain a calm mental state because it will help you get the greatest results in challenging situations.
- Choose areas that will take less time and complete them quickly so you can devote more time to other questions.
- Use the time left at the end to revise the attempted issues and try to avoid wasting time on areas that are likely to be done incorrectly.
These tips will help you be in the best shape possible for such tough tests.
Why does the IPM curriculum (in IIM Indore) have humanities?
IIM Indore's Integrated Programme in Management (IPM) curriculum includes Humanities as an essential discipline. The traditional mindset considers Humanities as an inferior subject, but the truth is that Humanities subjects like Sociology, Political Science, and Psychology are very useful for Managers. Studying Humanities gives a wider perspective of the world. Nearly every subject nowadays has a “behavioral” aspect to it.
For example, Behavioral Economics and Behavioral Finance are emerging fields where the understanding of human behavior and psychology is applied to economics and finance.
Similarly, studying Sociology gives a perspective on how societies form and work, which might be useful in one's career. Political Science is again a very important subject as it helps understand how governments and institutions work.
It is important to understand that whatever you study might not give you immediate monetary benefit, but that doesn't mean it is not going to help in the long run. No doubt that subjects like Statistics are very important, but running and analyzing plain numbers alone isn’t the key, you always need to have a wider perspective.
The inclusion of Humanities in the IPM curriculum is indeed an advantage that IPM has over other such courses at the undergraduate level. It helps students develop a more holistic view of the world, which is essential for future managers. In nearly every subject course of Humanities, the first class is about ‘why’ managers need that particular Humanities subject. Therefore, it is clear that Humanities is an essential discipline that every aspiring manager needs to study.
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