In the long run, it can be argued that the Indian Institutes of Management (IIMs) may offer better opportunities for learning and growth compared to the Symbiosis Institute of Business Management (SIBM). While an opportunity to learn from any IIM is certainly wonderful, it is worth noting that the IIMs are known for their rigorous academic programs and may push students very hard.
In terms of specific areas of study, IIM Trichy may have a stronger focus on finance compared to IIM Udaipur, but in other specializations, the two institutes may be relatively similar. However, IIM Udaipur may offer more support for entrepreneurs and may provide easier access to international exposure. Ultimately, the decision of which institute to attend should be based on an individual's priorities and goals.
All the IIMs offer great educational loans so financial problems are not a major issue here. Many banks are lined up to offer loans at very low interest to the students at the time of admission. The ROI is also great compared to DBE. Apart from that the IIM tag will also open multiple opportunities for you. But if you are confused about the 3 IIMs, I will enlighten you about the culture of each. This might help you make a better decision.
IIM Udaipur: Academic rigor
IIM Raipur: Discipline
IIM Kashipur: Overall rigor
So make the choice based on your own preferences.
The current leading USP of IIM Udaipur is its highly enriched research culture which has made it among the top IIMs in this aspect specifically. The NIRF rankings also speak of its rising status over the last few years. Some highlights of the FPM program from IIM Udaipur are
Some world-class faculties from IIM Ahmedabad and IIM Calcutta visit the campus of IIM Udaipur to spread their knowledge and sophistication to FPM students. This is done through coaching programs and workshops where you can identify your inclinations and talents.
The faculty of the FPM department is dynamic and capable of a concerted arrangement required to produce research through its students and themselves.
Research is something that requires your efforts at a personal level. So joining a 2-year Research program will be beneficial to you only. You can also switch to better research programs or even redo your Ph.D.
To initiate a career in research, one needs serious personal commitment, else there are many instances wherein people have failed to make a career in research. The newer IIMs offer little scope in this aspect and Udaipur is an exception. So don’t lose this opportunity and go for it without much thought.
Admission to IIMU is a three-step selection process. Firstly, interested candidates are required to appear for CAT Examination. The qualified candidates have to further take part in CAP consisting of Personal Appearance process (PI)
The Final merit list is prepared by providing due weightage to the following components:
CAT: 60%
PI: 15%
Profile: 25%
The profile comprises
Academic profile
The weightage of the above components is
|
Marks Range |
Class 10th |
Class 12th |
UG Degree |
|
<= 60 |
0.2 |
0.2 |
0.4 |
|
84.01 to 88 |
1.6 |
1.6 |
3.2 |
|
88.01 to 92 |
1.8 |
1.8 |
3.6 |
|
92.01 >= |
2.0 |
2.0 |
4.0 |
Work Experience
|
Work Experience |
Weightage |
|
1 to 6 |
0 |
|
7 to 12 |
1.5 |
|
13-18 |
3 |
|
19-24 |
5 |
|
25-30 |
7 |
|
21-36 |
9 |
Gender Diversity
Male: 0
Female: 5
Comparing the above data with your profile derive the following conclusions
But I believe your work experience and excellent CAT score can compensate for your low UG marks. So ace in the PA process and you are good to go.
Before we dwell on the credibility and worth of the program, it’s necessary to know the objectives of the same. DEM is designed to help management students develop knowledge, skill, and confidence to conceive, lead and execute innovative and competitive initiatives involving technologies and data.
Suitability: This program is best suitable for those students who wish to pursue careers in management in businesses that employ powers of digital technologies for business development and sustenance
Faculty: Highly learned professors, researchers, and practitioners teach various concepts of management in the digital context. Industry professionals and faculty are also involved in the development and delivery of the pedagogy.
Research: Dynamic research work is a part of this program. However, the one-year program is packed with learning and co-curricular activities that will spare very little time for intense research that the faculty will be working on.
Roles offered: Students graduating from the DEM program have been recruited for various roles like Analytics, Consulting, and Information Technology.
Placements: IIM Udaipur placements for DEM have been tabulated below
|
Number of students |
26 |
|
Number of Companies |
47 |
|
Highest CTC |
INR 32.21 LPA |
|
Average CTC |
INR 21.30 LPA |
Overall, the DEM offered by IIM Udaipur is very promising and at par with the recent trends in the industry.
Your gender and category play a very insignificant role in determining your chances of getting admission. As a girl you will be given 5 marks extra owing to gender diversity. And your Category will require you percentile lesser than the general category. But these factors are not the major parameters for selecting candidates. The major criterias include your past academic records and work experience. The weightages allotted to these components can be checked from the official website.
Considering your profile here is my opinion regarding the percentile required to guarantee your admission.
Please note that this is guaranteed only if you clear category specific cut-offs.
MDI Gurgaon does, however, provide the best opportunity of the three. Because IIM A serves as its mentor, IIM Udaipur benefits from excellent pedagogy.
An IIM designation is a tasty differentiator, but most corporations do not differentiate in MBA programs except ABC.
MDI provides the best placements of the three. And, as an MBA graduate, you're all about the numbers. No college can guarantee you the job you want. However, at MDI, you will have plenty of opportunities in the field of your choice. You'll also benefit from good industry relationships built over years of goodwill. Even during downturns, some companies attend MDI on a regular basis. New IIMs have several years to build self-sustaining industry goodwill. Placements are thus unpredictable.
Nonetheless, if the IIM designation is a general requirement. The location is the new IIMs. However, you must work equally hard because that title alone does not guarantee a successful career.
IIM Trichy, Ranchi, Raipur, Udaipur, Kashipur, and Rohtak are way ahead of SIOM and SIBM-B. The average package at these new IIMs is greater than INR 11 LPA whereas the lowest packages at these institutes are around INR 6.5-7.5 LPA. You will be astonished to know that the lowest package at these IIMs is almost equal to the average package at SIOM and SIBM-B.
Moreover, IIMs is in itself a brand and therefore promises better growth. This is the reason that these new IIMs despite their early establishment are at par with SIBM-Pune and SCMHRD.
A person joining TCS after completing an MBA from the new IIMs with a prior work experience of more than 2 years will earn around 8 - 10 LPA. The consulting roles usually offer a salary package of around 8 LPA at TCS to a B School graduate. But your prior experience and performance with TCS might also affect your package with an increase of up to 10 LPA (maximum).
The digital revolution is rapidly changing the course of many business activities across industries. Entrepreneurs, top executives, and general managers need to adopt new thinking and management styles in today's digital-centric business environment. The purpose of the course is to serve the same.
DEM Placement Highlights
IIM Udaipur’s DEM is a great program with a decent placement scenario and can be considered by MBA aspirants.