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What books should one read to prepare for PI by IPM by IIM Indore?
Current events and general knowledge are crucial for IIM Indore's Integrated Programme in Management (IPM) Personal Interview (PI) round. Reference books:
- Manorama Yearbook: Current events, history, science and technology, sports, and more. It's a great resource for current events.
- The Ministry of Information and Broadcasting publishes India Year Book yearly. It includes government programmes and sector statistics.
- The Hindu can help you stay informed and improve your critical thinking. To comprehend concerns, read national and international news
- Business Today, a weekly business magazine, covers economics, finance, industry, and technology. It might help you understand business and prepare for industry queries.
- Arun Sharma and Meenakshi Upadhyay, Verbal Ability and Reading Comprehension This book can help you with reading comprehension and grammatical and vocabulary issues.
Besides these publications, practise mock interviews and prepare answers to frequent inquiries about your history, hobbies, and aspirations. This will boost your confidence and PI round performance.
What is the median base salary offered in IIM Ahmedabad, Bangalore, Kolkata, Lucknow, Indore, Kozikode?
When it comes to placements, these are the first few names that come into our heads after the top IITs in India. If you open the placement reports of the listed colleges you’d find almost all the big corporate names and it is implied that are they the ones that are making the median and average of these institutes roar.
Here is a table showing a domestic median package for your reference:
|
Institute |
Median’23 (in INR) |
Median’22 (in INR) |
Median’21 (in INR) |
|
IIM A |
33,00,000 |
31,49,910 |
27,60,000 |
|
IIM B |
33,00,000 |
31,20,000 |
28,60,000 |
|
IIM C |
33,00,000 |
31,00,000 |
27,67,000 |
|
IIM L |
30,00,000 |
29,00,000 |
23,50,000 |
|
IIM I |
27,00,000 |
24,00,000 |
22,00,000 |
|
IIM K |
30,00,000 |
26,00,000 |
20,00,000 |
Which B school is better for an MBA in finance for a fresher IIM Indore or SPJIMR?
IIM Indore and SPJIMR are top Indian business institutions with great finance MBA programs. Choosing between the two depends on personal preferences, career ambitions, and location.
IIM Indore, in Indore, Madhya Pradesh, is noted for its rigorous academic curriculum and industry-oriented approach. The finance department offers Capital Markets, Investment Banking, and Corporate Finance courses. Every year, top finance recruiters visit the school, helping the institute's placement record.
SPJIMR, in Mumbai, Maharashtra, is also noted for its academic quality and industry-focused curriculum. The institute's finance program includes Financial Markets and Institutions, Investment Management, and Corporate Valuation. Top recruiters like Goldman Sachs, JP Morgan, and Citibank often hire from the college.
|
Particulars |
IIM Indore |
SPJIMR |
|
Highest Package |
INR 1.14 CPA |
INR 77.8 LPA |
|
Average Package |
INR 30.21 LPA |
INR 33.02 LPA |
|
Fees |
INR 21.4 Lakhs |
INR 20.42 Lakhs |
Both IIM Indore and SPJIMR provide outstanding MBA in finance programs.
Which institution is better for MBA in Finance- SPJIMR or IIM- Indore? (For someone who has only 6 months of work experience)
Trying to make sure my answer is as objective as possible, I have mentioned the pros of both institutes namely SPJIMR and IIM Indore. The final decision can be made by choosing the one whose benefits appeal to you the most and matches your inclinations.
SPJIMR
- Small batch size of 250-300 students makes it possible to develop good bonding between peers. There is almost a family-like feeling. The small batch size also reduces the level of competition and increases proximity to faculty
- The average package was pretty decent this year and stood at INR 26.06 LPA
- A major USP of SPJIMR is its Rural internship called DOCC and GFT(global fast track program). These offer a unique experience of rural India as well as the foreign market in the same year.
- Another distinguishing factor of SPJIMR is the minors offered n other specializations like Analytics, Consulting, etc. This is like a secondary specialization for backup in the future.
- The culture at SPJIMR is friendly mainly because of the unique selection process
IIM Indore
- The main USP is the IIM Tag
- Huge batch size resulting in a larger stronger alumni base
- You do not have to choose a specialization at the time of admissions. Specializations are chosen after a year and still, the degree awarded is that of a General MBA only. So if you are not sure of your specialization and want to explore various aspects of Management, then IIM Indore is a better option for you.
What is the median base salary offered in IIM Ahmedabad, Bangalore, Kolkata, Lucknow, Indore & Kozikode?
Not every IIM discloses the placement statistics to the public. But we can definitely say that IIM Ahmedabad has the best placement statistics.
|
Institute |
Median Salary |
|
IIM Ahmedabad |
INR 31.49 LPA |
|
IIM Bangalore |
INR 31.20 LPA |
|
IIM Kolkata |
INR 31 LPA |
|
IIM Lucknow |
INR 29 LPA |
|
IIM Indore |
INR 24.09 LPA |
|
IIM Kozhikode |
INR 26.5 LPA |
The table above has tabulated the median CTCs of the institutes you asked for.
What are the differences between an older IIM like Indore and Kozhikode and a newer IIM like Ranchi, Rohtak, or Trichy?
The first-generation IIMs clearly have many advantages over the second and third-generation IIMs. Some major differences include
- Infrastructure: Thenodler IIMs have their own permanent campuses whereas most of the newer IIMs either function through a temporary campus or have a permanent campus that is not at par with the older IIMs.
- Faculty: The older IIMs have better experienced and learned faculty than the newer ones. Also, the visiting faculty is much better at these IIMs. The student and faculty strengths are therefore strong here.
- Placements: The older IIMs have long-standing ties with corporate firms and top companies excelling in the placements scenario and leaving behind the new IIMs.
- Corporate Exposure: The exposure at older IIMs is better than that of newer IIMs due to their early establishment.
Can I join college and after a year try for IPM (IIM Indore)?
According to some of my friends studying at IIM Indore, it is renowned for its management studies. It is ranked seventh in the NIRF Ranking for Management 2020.
- They offer Integrated Programme in Management (IPM) covering the bachelor’s and Masters’ degrees.
- You can choose to join a college after 10+2 and attempt to crack IPMAT. All you need is to satisfy the eligibility criteria.
- Many alumni of the IIM Indore’s had secured admission in the IPM programme after joining another institute.
The course has an excellent curriculum and provides the best exposure to the students that is unparalleled to any other programmes in India. Overall, the ultimate choice depends upon your interests and what you want to be in the future.
What are the best books for IPM IIM Indore 2021?
Various publications promise to help aspirants for IPMAT examinations with their books. In reality, these books are not worth your time. I believe that the syllabus for the IPMAT is at a similar level as that of CAT. So, it would be better for you that you buy popular books which aspirants use for the preparation of the CAT examination.
There are two sections in IPMAT - Quantitative Aptitude and Verbal Ability. To prepare for these sections, you can buy Quantitative Aptitude and Verbal Ability by Arun Sharma. Solve the LOD 1 and LOD 2 exercise available in the book.
It must be noted that books solely cannot help to cover the entire syllabus. You can additionally sit for Mock tests, communicate with mentors for insights and analyze the previous year’s papers. This will help you to get an improved idea about the fundamental structure of the examination.
What is an executive MBA from IIM Indore?
An Executive Post Graduation Program in Management (EPGP) is apparently constituted for working professionals who have a few years of work experience.
That being said, these programs are usually shorter than the 2 year MBA programs and it usually has minimum years of work experience eligibility criteria. Many a time, corporate firms ask their emerging managers to take these courses so that they can be considered for senior roles.
IIM Indore’s Executive Post Graduation Program in Management (EPGP) is a one-year residential program for professionals with experience.
Here are the eligibility criteria for applying.
- You should have secured 50% in your Bachelor’s degree or its equivalent disciplines.
- You should be able to show a valid GMAT score.
- You should have a minimum of 5 years of managerial or entrepreneurial or any relevant professional experience, as per your domain, following graduation.
Hope this clears your confusion.
Which should I prefer, Melbourne Business School (MBS) or IIM Indore?
You can consider enrolling in Melbourne Business School if you wish to live and work in Melbourne, or any other region of Australia. IIM Indore can prove to be a better alternative if you want to work in India instead. The choice also depends a lot on your expectations from the programs you are looking out for.
Melbourne Business School can provide you with global exposure that can be extremely beneficial for the growth perspective of your career. This makes MBS a better option over IIM Indore. It is Australia's top-ranked business school. For an Indian student, it would be similar to studying at IIM Ahmedabad. If all you want is a diploma and a job, IIM Indore is the place to go.
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