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Should I go for an MBA in IIM Indore or wait another year for better opportunities?
You should go for IIM Indore. It is a reputed B-School with excellent facilities and academics. IIM Indore placements are also pretty good. During the 2022 campus drive, students received an average CTC of INR 25 LPA. BMW, Cisco, and Accenture Strategy were some of the major recruiters. Joining IIM Indore will be worth the investment.
CAT is highly competitive. You can’t be certain that you will get a good score next year. So, joining IIM Indore will be a wise choice.
How good is PSG Institute of Management for an MBA? What is the latest placement data?
PSG Institute of Management is a good college for pursuing an MBA if you want to give yourself a platform to showcase your skills and learn a few new skills during the education process. The college will definitely encourage you to pursue your career goals. However, if you compare it to other B-schools located in Delhi, Mumbai or Bangalore it has a less diverse peer group.
Higher Studies:
The college also offers a separate course to the students who are willing to continue their higher studies in this field after graduation in some foreign university in USA or Canada or Germany etc. The college does not reveal the placement data.
Placements:
I have a friend who is an alumnus of the institute, according to him the average CTC offered at the institute is 4 LPA and the highest goes up to around 11 LPA. The placement average for his batch (2016-17) was around 90-95%. Some of them got double offers as well. Sales roles are the most common role which is offered to students here.
Finally what is your expectation from the institute is what defines if the college is good for you or not. Overall it is a good institute when compared to other management colleges affiliated with Anna University.
Will I get a good placement with 70% in 10th, 70% in 12th, 63% in graduation, and an MBA from FMS Delhi?
If you are concerned about your past academic records then rest assured for the final placements don’t usually pay much attention to past academic records.
MBA is much more than just learning and writing your answers and scoring good marks. It is more about applying logic and increasing your decision-making skills. So to compensate for your poor past academic performance, become a part of the managerial committee and improve your resume. Enhancing your decision-making and managerial skills will increase your chances of getting a good placement than your academic background.
Also, FMS in itself is a brand name that will fetch you a good package.
Is an MBA at the University of Madras advisable or not?
Yes, University of Madras MBA is advisable. Many MBA aspirants prefer this course because of its high ROI. The university is run by the state government. So the course fee is a lot less compared to other B-schools from the same tier. University of Madras MBA fees are around INR 36,450, in total.
As per the statistics of the University of Madras MBA placements, the average CTC offered is INR 4 LPA. TCS, HCL, and City Union Bank are a few of the major companies to recruit students through the placement drive. University of Madras alumni list includes many notable names. The alumni of the institute are working in powerful roles in big MNCs.
The faculties of the institute are great. They are well-qualified and have years of experience in teaching MBA subjects. The university invites corporate leaders for guest lectures.
What is the difference between PGDM full time and PGDM Finance at IMT Ghaziabad?
An acquaintance of mine completed his PGDM from IMT Ghaziabad so hopefully, he would be able to answer your question accurately.
- In the case of PGDM full-time, you will be capable of choosing your own area of specialization, be it marketing, finance, or HR at the end of the first year.
- In the case of PGDM finance, your area has already has been chosen for you and will not be able to change it.
- Irrespective of the specializations, the first year is common for each and every student. PGDM students can choose their desired area of specialization at the end of the first year.
The college management may ask full-time students to choose their specialization area before their placements for summer internships which are usually 3-4 months of joining even though technically you can choose your major by the end of the first year. My acquaintance had to choose his major before his summer internship placements.
If you choose PGDM Full time, then you will be able to choose your specialization from:
- Marketing
- Finance
- Information Management and Analytics
- Operations Management
- Human Resources
- Innovation and Entrepreneurship
If you go for PGDM finance, you will have to learn the electives and core subjects of finance in your second year.
Is an MBA from XLRI worth it?
There are various parameters through which it can be measured whether XLRI is worth it or not.
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Money: You will be able to appreciate it more if you consider network and learning a part of it. About 200 students cannot afford the fee and must take out a loan to pay it to find it well worth it.
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Time: There is also an opportunity cost involved. It's worthwhile if you believe that peer learning and classroom learning are a good use of time.
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Effort: The true worth of your efforts becomes clear only after you see the results. Every year in XL, over 500 people recognize that value and trust their experience, and another group of students embarks on the same journey to discover their own.
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Sacrifice: At various ages, people make various sacrifices in order to pursue their XLRI dream. Some postpone a wedding, some drop out of their campus placement, and some resign from a job they're not sure about. This has less to do with XLRI and more to do with the decision to pursue management.
You can't go wrong with XLRI if you believe a Management course will make a significant positive difference in your life.
How is PGPM course of Great Lakes Chennai?
The PGPM course of Great Lakes Chennai is suitable for you only if
- You are from IT Background: This is because most of your peers will be IT GUYS, from TCS, Wipro, Infosys
- You are okay with less pay: Almost 95% companies offer packages around 7-9 LPA including various components. The overall salary is less than 5 Lakhs.
- Want to go back to the IT field after placements: The highest roles offered are from the IT sector else very substandard roles are offered.
- You are willing to settle in Chennai: Most companies offer jobs in Chennai itself so if you are ready to settle in Chennai, go for it.
Honestly, the faculty, and accommodation facilities are not at par with the usual standards and you might even regret your decision as you will end up with a low salary and no career prospects.
How is Parul University for an MBA program?
Parul University has been ranked among the “Top 75” Business Administration Institutes by the Times of India. In my opinion, studying MBA from Parul University is one of the best options one can opt for among the top private universities for the following reasons:
- MBA Fees at Parul is INR 3,84,000.
- Any graduate with a minimum of 50% aggregate (45% for reserved category candidates) can apply for the Parul University MBA program with a valid score in MAT/ CAT/ GCET/ CMAT.
- Parul University recruiters include top-notch companies like DMart, Flipkart, Patanjali, ICICI Bank, Amazon, Aditya Birla Group, Asian Paints, and Amul
- The highest and average package offered at Parul University stands at INR 30 LPA & INR 4 LPA respectively.
- Parul University MBA specializations include Advertising and Branding Management, Agribusiness Management, Banking and Financial Services, Biotechnology Management, Business Analytics, Digital Marketing and Sales, Entrepreneurship and Innovation, Family Managed Business, Finance, Fintech Management, Forensic Accounting and Fraud Investigation and many more.
- Parul University’s CMAT cutoff 2024 (expected) is 50 for the general category.
- Parul University’s campus is spread over an area of more than 150 acres.
Is it worth to join an MBA at JBIMS at the age of 28 having lot of academic gaps and no any work experience?
Joining JBIMS for MBA without any work experience may have a slight drawback. Whether the overall experience will be worth it or not, depends on the exact purpose with which you have started on this journey.
With all honesty, your lack of experience and academic gaps will have a negative impact on your placements. Getting higher packages will be almost impossible as companies might object to your flaw in the profile. I am not saying that MBA will be a bad choice, but it will benefit you academically and not financially. It will increase your knowledge and skills and add value to your CV thereby improving your initial situation. But as far as placements are concerned, you will be slightly at a disadvantage to others.
You will be eligible for the final placements only and not the lateral ones. Many companies may or may not put filters on age, work experience, and academics. It all depends on the particular company and your luck. With excellent communication skills and content building, you can make your way into the interview and much more. But you have to strive hard for a very long time as the race is a difficult one for you. If you can prepare well with no pressure or expectations, especially during the summer internship process, you should be fine.
Coming to the knowledge and skills that you will acquire during the MBA, it will certainly have a positive impact on you. You will be able to get rid of negativity and focus on acquiring maximum knowledge.
Still, at the end of the day, I will advise you to get a job and get a level of experience to make your journey a bit easier.
What is the placement scenario at IMS (Indore) for MBA?
When you look at Tier 3 cities, you should not expect good placements as compared to those you might bag in metro cities. The same is true for IMS Indore as well. It could be the best college in Madhya Pradesh, but the MBA program offered by the college is clearly not as enriching as that offered in a metro city. This will eventually affect placements which will cause them to be poorer.
From what most of us have observed, not all students will get placed. Only about 50% of the total students will possibly land a job with the highest salary offered at INR 6.5 lakhs per annum. The lowest salary offered is INR 3.5 lakhs per annum.
None the less, there are quite a few placement services offered by the college. These include summer placement and training that are offered on a regular basis. They also have strong linkages with the industry and many public organizations.
Some of the recruiters at the college include ITC, Nestle, Aditya Birla, Johnson & Johnson, Asian Paints and Deloitte. Another helpful point that could possibly interest you is the collaboration for MBA in Hospital Administration that the college has with Tulane University in the US.
As a suggestion, you should look for colleges in Maharashtra for an MBA as that will definitely help you seek better opportunities than IMS Indore.
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