The PGPX IIMU-Purdue supply chain management dual degree program offered by IIM Udaipur is considered to be a highly reputable and well-regarded program in the field of supply chain management. The program is designed to provide students with a deep understanding of the latest developments in the field, along with practical skills and knowledge related to supply chain management roles. Here are a few highlights pertaining to the program.
Placements: The following table represents the MBA GSCM Placements for the batch 2022:
|
Students places |
100% |
|
Number of students |
37 |
|
Number of Companies participated |
56 |
|
Number of offers |
150 |
|
Highest CTC |
INR 35.96 LPA |
|
Average CTC |
INR 19.54 LPA |
|
Lowest CTC |
INR 14 LPA |
Overall, the PGPX IIMU-Purdue program is considered to be a great choice for those interested in a career in supply chain management.
XIMB is better than IIM Udaipur. It is an old B-School with years of legacy. XIMB has a strong brand presence in the industry. All major MNCs visit the campus placement and offers tier-1 job profiles. More than 355 recruiters visited XIMB placements in 2022. The average CTC offered this year was INR 17.54 LPA. The highest CTC offered this year was INR 32.21 LPA.
XIMB is a better choice in terms of academics, placements, and exposure.
In order to research the opportunities that both of these colleges, IIM Udaipur as well as IIM Trichy have to offer in the field of finance, it is a good idea to try and get in touch with previous students who have studied finance at these colleges. You can ask them about their experiences and whether they believe that the college prepared them well for a career in finance. It is also a good idea to be specific about the particular career choice within finance that you are interested in, as this will help you to determine whether the college has a strong track record of placing students in those types of roles.
Additionally, online forums such as Pagalguy can be useful resources for gathering information and asking questions about the opportunities that are available at these colleges. It is important to be specific in your queries on these forums, as this will help you to get more targeted and helpful responses.
One of my friends faced a similar problem while choosing among all of the second-generation IIMs - Trichy, Kashipur, Udaipur, Ranchi, Rohtak, and Raipur. Let me share his experience which might give you a basic idea.
IIM Trichy and IIM Udaipur were his final two options. The following are the reasons why he chose IIM Trichy:
Without much thought, I will always choose IIM Udaipur over Irma. This is a viable option even if you are interested in Rural Management. In fact IIM Udaipur will offer you much more. You can choose from a plethora of industry functions. Rather than restricting your preferences, IIM Udaipur will enable you to broaden your career interests.
One of my friends is an IRMA pass-out. After interacting with her I realized that the students or the B School in general have a very shortsighted approach. It was after this that I was certain of IIM Udaipur’s credibility.
IIM Trichy and IIM Rohtak are superior to Udaipur and Raipur.
Because of their location, the former two IIMs have an advantage over the latter two. One is close to a prestigious engineering college, while the other is a short distance from the capital.
In the 2020 National Institutional Ranking Framework (NIRF) management school ranking, IIM Trichy was ranked 15th. Goldman Sachs offers INR 21-23 LPA; JP Morgan offers INR 21 LPA; Axis Bank offers INR 18-20 LPA, and ICICI Bank offers INR 20-22 LPA.
IIM Rohtak is also a good option for a Finance MBA. It has a favorable environment for Finance specialization. The institute has a strong faculty. The student population is competitive. You will be in classes with gifted students. The peer group is also quite diverse. There are people from various academic and cultural backgrounds present.
Out of the IIMs like IIM Rohtak, IIM Raipur, and IIM Udaipur, IIM Ranchi may be the best choice for several reasons. Firstly, despite being an IIM, IIM Ranchi is relatively new and is still working towards building a reputation for itself. On the other hand, IIM Ranchi is an established institution that has been around for longer and can be trusted for its campus, faculty, and placements.
Additionally, as a newer institute, IIM Ranchi may be more focused on making a mark and establishing itself as a top business school, which could potentially lead to a more dedicated and driven faculty and student body. Overall, while all the IIMs are highly regarded institutes, IIM Ranchi may offer a unique and potentially more rewarding experience due to its status as a newer institute.
Honestly speaking, a career in investment banking should not be considered by the new IIMs. It’s a too ambitious profile to match the relatively new curriculum of these IIMs. Even if you are in a top B School, you will have to remain among the top students to get placed for a front-end role. One can still get roles in corporate & business finance but getting roles in Investment Banking is rather difficult.
Yet if you are not choosing an older IIM and want to choose a newer one, IIM Trichy is the best among them. The order is
IIM Trichy > IIM Udaipur > IIM Ranchi
There are many B Schools apart from IIMs that offer great Investment Banking roles. These include SPJIMR, JBIMS Mumbai, IIFT, and XLRI.
Comparing the new IIMs with the IIM ABC is rather ridiculous and not justified. Considering factors like infrastructure, faculty, and alumni base, the top IIMs are way ahead of the new ones. Even if the new IIMs tackle the infrastructure and faculty issue they can never match the extraordinarily strong alumni base of the older IIMs. The IIMs A, B, and C have given birth to many geniuses that have contributed largely to Indian society in various fields like arts, literature, sports, etc. They have even made impressions globally.
No matter how fast the new IIMs climb up the ladder and excel, they will never be able to match the alumni base and worth of older IIMs.
IIM Udaipur has 305 students in the 2023 batch; around 71% of the batch included engineers and the rest 29% included students from Commerce, Science, Management, etc. Then there were 35% of freshers, including engineering freshmen and students from various other backgrounds.
Among the batch of 305 students, around 301 students appeared for the 2023 placement drive and all of them were placed. IIM Udaipur provides placement opportunities to both freshers and experienced people.
During the placement drive, some companies hire students with work experience only and some are open to hire freshers. Therefore the institute creates different batches for freshers and for students with work experience, so that both types of students can be placed.
After MBA, the students are placed in various sectors. So even if you are not from an engineering background, there are multiple job roles in sectors other than IT, Analytics and Manufacturing. The non-engineering students are eligible for job roles in sectors like BFSI, Consulting, E-commerce, Education, FMCG/ FMCD, Pharma/ Healthcare, etc. They are eligible for job roles in Consulting, Finance, General Management, Product Management, Sales & Marketing & Business Development.