It has become a trend for IAS/PCS to pursue an MBA these days. But it’s important to note that there are no reserved seats for civil servants for the PGDM (MBA) program. You have to attempt CAT to join the Post Graduate program.
However, IIM-A offers a number of Professional Development programs suitable for senior government functionaries.
Personally, I will advise you to clarify your career goals. Determine what is more important in your career: Civil Services or an MBA. This is because people usually join the IIMs for careers in entrepreneurship or jobs in the corporate sector.
Yes, B.Com general students can do MBA. The eligibility criteria for MBA program is a bachelor's degree of minimum 3-years in any discipline after 10+2, from a recognized board. MBA is a globally recognized degree that can be pursued by students from any field of study, i.e. Science, Commerce, Arts, etc.
In order to get admission, you need to standardized tests such as CAT, MAT, XAT, GMAT, etc. MBA doesn’t have any such age limit.
You cannot logically compare US B Schools with ISB Hyderabad considering the difference in the quality of peer ground and overall education.
To give a better understanding, compare the ROI of both the B Schools. ISB Hyderabad MBA fees are around 24-28 Lakhs per year and considering the placement scenario, you cannot get a package of more than 15-18 Lakhs. On the other hand, the average fee of a US B School is around 120-200k Dollars and the salary one can expect from a B School is 120k. The ROI in the latter case is much better.
However, these ROI calculations have overlooked one part. As an International student, you'll need a job with a firm that sponsors h1b visas. This reduces 70% of coveted jobs. Now the hunt for a suitable job is tougher and you have to also hope that you win the h1b lottery. If you are unable to do so you might end up in India with a heavy loan of 80-90k Lakhs with an average salary of 15-20 LPA.
So we can say that US B Schools are always the better option than ISB Hyderabad but the risks involved are tenfold.
I will narrate to you the experience of my sister who thought she could never make it into FMS. But she tried anyway and as luck would have it she made it!
In 2016 my sister did not fill FMS application form as she thought she wouldn’t be accepted. With a percentile of 96.54, she got into MDI. Soon after she got interested in consulting, she rejected MDI and with little hope fill the application form for FMS the next year. With a CAT percentile of 99.21, she received an interview call. Almost all the other candidates had a better percentile than her. Yet she did not give up and went into the interview room with full confidence and a positive attitude. Amazingly she ranked 3rd out of 1010 candidates for GD/PI/Extempore Rounds. After a waitlist, she finally made it into FMS Delhi.
Once admitted she never took this opportunity for granted and made the best out of her MBA years. So never give up even before trying!
Many of my friends are alumni of the Institute of Management, Nirma University, and also many of them are studying at other reputed colleges such as IIMs, IIFT, NMIMS, SIBM, and the likes. So, I am quite aware of the placement situations at these B-schools.
Nirma has been faring better than their peers with many companies of repute lining up for campus placements. Well on a comparison basis, the academic curriculum is at par with the best B-schools in the country with very accomplished faculty taking courses at the Institute. Nirma also offers good infrastructure, campus, etc.
Now, coming to the most important factor, i.e. ROI, Nirma is definitely worth the investment that you make. And if you have decent academics and skills, you will get a good placement through the campus drive.
Here is a brief highlight of the recent placement statistics for Nirma.
|
Average CTC |
INR 9 LPA |
|
Highest CTC |
INR 12 LPA |
|
Placement Average |
100% |
|
Major recruiters |
Axis Bank, HDFC Bank, TCS |
If you’re above the 80–85 % category, Nirma will not disappoint you.
As per the trends of the last few years, NIT Trichy MBA cutoff is around 80 percentile for general category students. The cutoff for SC/ST/OBC category students is 65-70.
In 2021, the required cutoff remained 80 percentile for different specializations, i.e. Business Analytics, Marketing, Finance, Resource Management, Operations Management, Business Analytics, and IT Consulting.
IMT Ghaziabad would be a worthwhile investment if you’re planning to pursue a distance MBA. Your insights about the program's quality, course modules, and learning experiences are valuable for prospective students considering this option. Here's a summary of your points:
NIT Trichy MBA recorded 96.8% placements last year. The placement statistics are available till 2020 only so I will be sharing the same with you to give an idea of the placement scenario here.
DOMS or the Department of Management Studies, at NIT Trichy recorded the highest package at INR. 12 LPA in 2020. The average package stood at INR. 7.9 LPA while the median CTC stood at INR. 7.78 LPA. The institute welcomes many big firms for its pavement drive and the most prominent ones were Genpact, Infosys, ACC, Bluestar, Capgemini, HDFC, HSBC, VMware, Flipkart, Berger, Asian Paints, etc.
The table below gives the year-wise comparative analysis that will help you in understanding the general trend in NIT Trichy MBA placements.
|
Particulars |
2017 |
2018 |
2019 |
2020 |
|
Highest Package |
10.5 |
12.0 |
12.0 |
12.0 |
|
Average Package |
6.05 |
6.65 |
6.9 |
7.9 |
|
Median Package |
5.8 |
6.05 |
6.3 |
7.78 |
From the above table, we can infer that NIT Trichy DOMS witnessed an increasing trend in terms of the average and median packages while the highest has remained the same.
XIMB is the better option. It has a legacy of over 31 years and boasts of an excellent 7500+ alumni base. XIMB alumni are dominating the corporate world all across the globe.
All major MNCs visit XIMB placements. Students are offered diverse profiles from reputed companies. During the 2022 placement drive, the average CTC offered was INR 17.54 LPA, and the highest CTC offered was INR 32.21 LPA.
In terms of academics, placements, extracurricular and alumni connections, XIMB is certainly better among these options.
NMIMS MBA fees per year is INR 10.95 Lakhs. So, the total fees for the two year long course is INR 21.90 Lakhs. Here are the specific fee details for different specializations.
| Course | Fees(in INR) |
| MBA/MBA HR | 10,42,000 |
| MBA in Pharmaceutical Management | 6,32,000 |
| Dual Degree in MBA Decision Sciences & Analytics and MS in Business Analytics & Information Mangement from Purdue University | 12,02,000 |
| MBA Business Analytics | 8,52,000 |
The hostel fees need to be paid separately.