Majority US companies hire Indians for engineering roles, that too for IT sector jobs which we are best known for.
US people are good at management. So they seek technical experts from India. This is why the top performers of IITs get readily placed in IT jobs in the US for attractive salaries (more than 7 figures in rupees).
Whether you join an IIM or Great Lakes Institute, both receive a limited number of US offers during placement season. As for off campus placements, IIM Shillong and Great Lakes are both average institutes. So the chances of getting a US based offer are further reduced.
The best option is to either opt for an MBA in the US itself, or to work for big names in India for a couple of years. This will help you build a strong resume, and get noticed by recruiters abroad.
While the first year of business school can certainly be challenging, it is also a unique and rewarding experience. Business schools provide a diverse and dynamic learning environment, with opportunities to learn from both experienced faculty and peers from a range of backgrounds and industries.
In addition to gaining knowledge and technical skills, students also have the opportunity to develop important soft skills such as communication, collaboration, and critical thinking. These skills are essential for success in any career, and the business school provides a structured and supportive environment in which to hone them. Ultimately, the first year of business school sets the foundation for a successful and fulfilling career and is an experience that should not be missed. Overall, the experience of business school is one that cannot be replicated in any other environment and is valuable in its own right.
When considering a business school program, especially a one-year program, it is important to consider the cohort of the peer group and the experiences they bring to the table. While the faculty and brand of the school are important factors, the main source of knowledge in these courses often comes from peer group interaction through group discussions, projects, and sharing of experiences.
Additionally, students may also be responsible for seeking out opportunities for placements, so it is important to research and connect with seniors and peers in the industry to get a sense of what the program has to offer. It is not advisable to rely solely on rankings or advertisements when making a decision, as there may be more to consider than what is immediately apparent. It is important to do thorough research and dig deep before committing to a program.
There are several factors to consider when deciding between NITIE and IIM Shillong. NITIE, established in 1963, has a larger pool of alumni and may offer networking opportunities that could be beneficial in the long run. It is also known as a mecca for operations, with all major firms hiring for operational roles. NITIE is located in Mumbai, which may be seen as a location advantage. On the other hand, IIM Shillong was established more recently in 2008 and has a smaller batch size. Its fees are also lower, at around 20 lakhs.
While it may not have the same reputation for PGDIM or operations as NITIE, top consulting firms have started to hire from IIM Shillong, offering options from a variety of domains. One potential advantage of IIM Shillong is its IIM tag, which may be attractive to some candidates. However, its location in Shillong may be seen as a disadvantage. Ultimately, candidates must weigh these factors carefully to make the best decision for their individual needs and goals.
IIM Shillong's brand value can be determined through these aspects.
I think these points are more than enough to give an insight into IIM Shillong's brand name.
NMIMS is in Mumbai, which makes it a professional hub. whereas XLRI is in Jharkhand and IIM Shillong is in Shillong. It ranks 30 on the NIRF 2020 rankings, XLRI on 9th, and NMIMS on 13th place.
Students need 50% and above marks in a bachelor's degree from a recognized university and the qualification of the CAT/MAT/XAT/GMAT entrance exam to take admission into the program. An interview/Group Discussion may follow as additional admission criteria.
The table below highlights these programs and institutes:
|
Parameters |
NMIMS |
IIM Shillong |
XLRI (HR) |
|
Placement rate |
90% |
73% |
100% |
|
Campus size |
8 acres |
120 acres |
50 acres |
|
Total Seats |
240 |
125 |
180 |
|
Fee |
10.8 LPA |
20 LPA |
23.6 LPA |
|
Average Package |
16 LPA |
18 LPA |
23 LPA |
Infrastructure and Faculty
Placement 2020
IIM Shillong
XLRI
NMIMS
Students can make a decision based on the aforementioned factors.
It is tough to choose between SIBM Pune and IIM Shillong. SIBM is quite an older institute and also a reputed one. It was founded in the year 1978. It has a good placement report. The average package offered at SIBM Pune is 21 lac per annum.
IIM Shillong, on the other hand, is a dream B-School for many. First of all, it is an IIM. The name will be going to remain with you for the entire of your life. IIM Shillong also offers excellent placements. The average placement at IIM Shillong is 22 lac per annum, and the highest salary offered is 55 lac per annum.
If I had both options, then I would have gone for IIM Shillong. The first reason is the IIM tag, and the other is that Shillong is the best place to spend two years of my life.
There are almost the same given opportunities in both the institutes during summer, Laterals and Final placements. Well, there are two things you need to focus upon:
A few selected firms would not accept ABM students for the process (read Top 3 Consulting and Investment Banks and a certain Indian FMCG firm).
You will have to do ABM courses in your 2nd year with an option to take 2-3 electives, whereas in PGP you will be provided almost 15 electives.
Some facts regarding both institutes so that you can make better choices out of them.
|
Categories |
IIM Lucknow |
IIM Shillong |
|
NIRF ranking |
4th |
30th |
|
Course Fee |
10.5 lakhs/year |
8 lakhs/year |
|
Highest salary package |
54 lakhs |
48 lakhs |
If you want to do Marketing or General Management or end up in consultancy, then IIM L ABM is a good course because ABM 2nd year courses are nothing but Marketing, and so you don't miss out on anything compared to a PGP student. But go for IIM L ABM if you want to seek financing or operations.
IIM Shillong boasts of a spectacular placement scenario with a record of 100% placements. There is no major difference in the packages offered to freshers and working professionals. In fact, IIM Shillong’s USP is its high ROI. With fees considerably lower than other IIMs, it offers similar packages. This is why it has become the most preferred new IIM these days.
Many activities are conducted to enhance the placement scenario at IIM Shillong. Some include
The placement statistics are as follows
|
Particulars |
IIM Shillong Placements |
|
Number of Students |
250 |
|
Number of Recruiters Participated |
73 |
|
Number of New Recruiters |
43 |
|
Highest CTC |
INR 55.22 LPA |
|
Average CTC |
INR 23.10 LPA |
|
Median CTC |
INR 22.28 LPA |
|
Major Sectors |
IT and Analytics |
Some of the top recruiters include
Some major positions offered were in consulting, product management, retail management, risk management, sales and marketing, planning and operations and supply chain management, analytics, business planning, investment banking, were provided to the students.
Be it fresher or not, MDI Gurgaon is definitely a better option than IIM Shillong. I have drawn a comparison between the 2 B Schools based on the following parameters
Fees: The fees of the PGPM program at IIM Shillong stands at INR 14.6 Lakhs whereas that of MDI Gurgaon is INR 24,47,400. While some might comment on the huge difference in fees, the ROI at MDI Gurgaon is worth it.
Placements: The table below compares the placement statistics of both B Schools.
Location: MDI Gurgaon has a location advantage over IIM Shillong as it is located in the commercial hub in contrast to the North-Eastern location of IIM Shillong.
Though I have given my opinion about MDI being better, the final decision is yours to make.