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How is IIM Ranchi MBA finance?

PG
Payal Gupta Posted On : January 11th, 2023
Studied Accounting and Finance (Graduated 2022)

Since you are curious about finance only, I will try to answer your question based on the Finance domain only. To elaborate let’s consider the following merits and demerits 

Merits

  • Placements: IIM Ranchi is a new IIM so you cannot get front-end IB roles right off the bat. Yet it offers many roles that can be your stepping stones into the finance world. It does not offer front roles in IB, PE, VC, and bulge bracket equity research. One cannot expect such roles in the near future. But the fact is all these roles are available at the top IIMs only to the cream students. So if your profile is the same, changing the institute won’t matter. Many reputed Investment Banks offer middle office roles like Private credit, Debt capital firms, and Outsourced financial research firms. These roles can kick start your career in finance if not grant you a high-paying job.
  • Faculty: The finance faculty is just average here and only those who are really motivated and determined can survive. Some even quit finance in the second year due to the same reason. The teaching quality is diverse and some may find it not at par with their expectations.
  • Crowd: Most of the students opt for Finance as one of their majors in the second year. Additionally, a team even won the CFA RC India competition and represented India in the Asia Pacific finals. So the crowd is diverse and of premium quality.
  • CFA: The CFA Certification aims at enhancing finance knowledge and placements at large. The class lectures combined with the theoretical knowledge of CFA will make it very easy for you to understand Finance in depth.

Demerits: 

  • Lack of major front-end role opportunities 
  • Tools like Bloomerang are not much common in the curriculum 
  • The relatively new courses in Finance like PE/VC, alternative investments, REITs, SPACs, IPO financing, and M&A are not given enough focus.
  • The teaching faculty needs to be improved

All in all I think IIM Ranchi is a decent choice for Finance and in the years to come will have improved a lot.

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Which is better for an MD in general medicine, KMC Manipal or Mangalore? I got allotted in KMC Mangalore. Should I need to upgrade?

PP
Pratik Parikh Posted On : September 28th, 2023
Lives in Bangalore

My friend was an MBBS Student at KMC Mangalore, so here are some highlights of the institute

  • The clinics are well-equipped and the patient lod is also decent.
  • Enjoys a good reputation among the medical colleges in India.
  • It’s bad one private hospital, KMC Attavar, and one Super specialty hospital, KMC Jyothi Circle
  • The workload is a lot because the hospital is completely managed by residents and interns. You will be responsible for everything from OPD to file maintenance to rounds to sample collection. 
  • Students are required to be proficient in each case early in the morning as they will be enquired about every patient that they are allotted
  • You have to update treatment and paperwork, attend class, and be ready to present short bedside cases.
  • PG students have to attend a theory class in the morning and in the afternoon twice a week, there is short group teaching, with the presentation. 
  • Students need to learn basic Kannada without which you won’t be able to interact with patients. 
  • The hostel facilities are great and Mangalore is a city of students so it won’t be difficult to find good food at low prices, beaches, bars, clubs, malls, etc
  • Mangalore is a port city so it's better connected than Manipal. 
  • There is a dual rating system wherein the professors rate the students, and students rate the professors. This helps the college to keep a check on the quality of education and improve energy year.

It will definitely be a great choice if you choose KMC Mangalore.

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How is the MD Medicine course from KMC Manipal? Is it worth leaving a government seat in a tier 2 city?

SM
Sonal Mishra, Posted On : September 28th, 2023
MBBS from Kasturba Medical College, Manipal (2024)

Yes, it’s definitely worth leaving a government seat in a tier 2 city to pursue an MD Medicine course from KMC Manipal. Here are some benefits you will avail yourself if you choose this

  • You won’t have to serve any kind of bond
  • It’s an international campus which has a diverse crowd from all over the world so the campus facilities are excellent
  • It has around 3000 beds and excellent facilities like infertility care, Chest & allergy care, Medical genetics & gastroenterology. Students are hence exposed to excellent techniques.
  • It enjoys good connectivity via Mangalore airport around 1.5 -- 2 hours from Mangalore.
  • KMC Manipal has an excellent academic culture and sees results in every competitive examination . 

Hope this helps you!

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What is your review of Xavier Institute of Management (XIMB), Bhubaneswar? Is it worth doing an MBA from this institute? What are its placements like?

SG
Santanu Ganguli Posted On : March 13th, 2023
MBA in Mark, Fin and Sys Business Management, Xavier Institute of Management, Bhubaneswar (2019)

My friend was a student at XIMB and all the points mentioned below are based on his experience at XIMB.

  • Location: Located at the center of the city, no commute difficulties are posed and you can access all off-campus facilities with ease. But the new campus is a bit far from the city and is bigger. Both campuses have world-class facilities.
  • Campus Life: Life at XIMB is rigorous and lively and you will always be occupied with classes, committee elections, quizzes, case study competitions, cultural events, and guest lectures. But this rigor will help you learn time management. Nightlife on campus is exciting as a number of exciting things take place at night
  • Friendships: Every good college experience requires a good group of friends without which your survival might become more difficult. This friendship will stay with you throughout the year.
  • Hostel: The hostel life is thrilling and you will develop an affinity for your Hostel and your Hostel Block will become your pride and identity.
  • Faculty: The faculty reside within the campus and are some of the best in the country. 
  • Case Study Competitions: You can participate in all the major case study competitions to portray your business problem-solving skills.
  • Xpressions: This event is in the limelight of the Institute as it showcases what XIMB actually is. The event welcomes some of the top celebrities and gives an exciting experience.
  • Placements: Placements are at level with the top 20 colleges. XIMB maintains a decent placement record over years. Recently, the institute released its 2022 placement report. According to the report, the highest salary, average salary & median salary increased by nearly 34.2%, 15.78% & 17.9% respectively as compared to the previous year. The highest salary offered was INR 32.21 LPA & average salary stood at INR 17.54 LPA. The median salary offered was INR 17.10 LPA.

Life at XIMB will give you an abundance of memories and knowledge about yourself, life and competitions. Make the best of those 2 years and try to be involved in every possible activity as you won’t get to relive these days and get back those days again.

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What should I prefer between AIIMS Delhi and NIMHANS for an MD in psychiatry?

Muskan Shafi Posted On : March 30th, 2024

AIIMS Delhi and NIMHANS Bangalore are both prominent medical institutes, being ranked 1st and 4th, respectively in India in the medical category by NIRF 2023. Both the institutes are equally good for MD, however, for an MD in Psychiatry, NIMHANS is considered to be a better option than AIIMS Delhi. 

One must prioritize the branch over the college in case of their degree, especially in medicine. One should look after the other aspects such as the course faculty, facilities provided for the course, and lastly the clinical experience and exposure. NIMHANS is renowned all over India for its excellence in Psychiatry and is one of the top institutions for mental health and neuroscience education. Since NIMHANS specializes in Neurosciences, it is claimed to have a stronger focus and approach towards specialized learning and training in Psychiatry than AIIMS Delhi. 

Through AIIMS Delhi is the most popular choice for every medical aspirant, but for MD in Psychiatry is indeed the best option given the knowledge, skills, and clinical experience it has to share for courses in Mental Health. Admission to MD in Psychiatry at both AIIMS Delhi and NIMHANS is based on the score in INI CET.

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What are the fee structures for a non-management quota (unpaid) MBBS seat at CMC Ludhiana and CMC Vellore?

s
satyam Posted On : May 3rd, 2024
lives in New Delhi

The total course fee for MBBS at CMC Ludhiana and CMC Vellore (for unpaid, non-management candidates) is given below:

College Name 1st Year MBBS Fees
CMC Vellore INR 56,330
CMC Ludhiana INR 6.60 lakh (as last updated in 2023)

The first-year MBBS fee at CMC Vellore is INR 56,330. The breakdown of amount is:

  • Tuition Fee: INR 3,000
  • One-time Admission Fee: INR 16,660
  • Other Annual Fee: INR 22,235

The first-year MBBS fee at CMC Ludhiana is INR 6.60 lakh. This is the total course fee for non-management candidates at CMC Vellore and CMC Ludhiana. The amount does not include the hostel fee and other living expenses. 

About CMC Vellore & CMC Ludhiana: CMC Vellore is a private medical college, established in 1942. It is 3rd in the NIRF 2023 Medical Ranking. CMC Ludhiana, on the other hand, is ranked 42nd. 

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How good is the International School of Management Excellence (ISME) in Bangalore for an MBA? What is their fee structure for courses, and what placements are available afterward?

AT
Anuj Trivedi Posted On : May 26th, 2021
MBA from ISME - International School of Management Excellence (2018)

I know a few people from ISME, so I think I can give you some ideas about the institute. The total fees for MBA at ISME, Bangalore is 8.25 to 8.50 lakhs. 

ISME - Highlights: 

  • Professors are approachable and friendly. The faculty prepares you with in-depth knowledge of the subject with corporate examples and case studies.
  • Projects and assignments are well designed that push you towards handling pressure well.
  • There will be Guest lectures too, taken by industry professionals. 
  • College management provides a healthy competitive environment. Club activities, professional skill-building, entertaining fests, etc., are parts of ISME.
  • Hostel facilities and food quality are good.
  • The average CTC offered here is 7 LPA.
  • Some of the top recruiters are Capgemini, E&Y, TCS, KPMG, Wells Fargo, etc

As far as placements are concerned, be on your toes and grab the opportunity as it comes. Have a clear idea of which type of profile or company you want to be engaged with. Also, stay in touch with your seniors to get notifications about job openings.

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Is It worth to join B schools like IMT/IMI/XIMB whose fees are around 20 lakhs if I have calls from reputed government colleges on par with these?

SB
Suntonu Basu Posted On : March 13th, 2023
Professor of Finance at Xavier Institute of Management, Bhubaneswar (2015-present)

Before I talk about the worth of private B Schools like IMT/IMI/XIMB, let’s consider their average packages.

B School

Average Package

IMT 

INR 17.35 LPA

IMI Delhi

INR 17.01 LPA

XIMB

INR 20 LPA

The average package of government colleges like IITs and DSE is slightly less around INR 10.57 LPA. So the point is if you are ready to invest a hefty amount in B Schools, you will not regret the decision as they are game changers. The level of exposure and diversity is almost higher than in Government colleges. IITs, DFS and DSE MBAs have a more theoretical approach than a practical one. However, the figures for private B schools are inflated so do consider the ups and downs.

  • IITs are best for operations and manufacturing industries
  • IMT or XIMB is a good option for Marketing
  • DFS or IMI are best suited for Finance
  • XIMB or DSE are best for HR

The final decision is up to you. Try to find what exactly you want from MBA

  • If you are looking for the IIT tag, then IIT
  • If you are after ROI or PhD then DSE or DFS
  • If you want to climb the corporate ladder, XIMB is the best

Make a well-informed decision after proper research.

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Which is better: IT at IIIT Allahabad or CSE at BIT Mesra?

AA
Aarti Ahuja Posted On : August 17th, 2023
Lives in Allahabad

One of my friends chose CSE at BIT Mesra over IT at IIIT Allahabad. However, he regretted his decision and after a month, got admission into IIIT Allahabad IT through the CSAB spot round.

BIT Mesra has a huge campus, however, its student intake is much higher as compared to IIIT Allahabad. Even in terms of location, Allahabad is a better choice than Mesra. 

In terms of placements, the average package for BIT CSE stood at INR 19.27 LPA 2022. At IIIT Allahabad, the average package for B.Tech stood at INR 30.68 LPA during the same year. 

The course fee is also much more affordable at IIIT Allahabad. The total course fee for B.Tech IT from IIIT Allahabad is INR 8,44,700, while at BIT, the B.Tech CSE course fee is INR 13,04,500 (does not include the hostel fees at both).

Thus, I would suggest you choose IT at IIIT Allahabad over CSE at BIT Mesra.

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Which executive MBA course is better between IIM Indore's EPGP and IIM Lucknow's IPMX?

SM
Siddarth Mukharjee Posted On : May 5th, 2022
EPGP from Indian Institute of Management Indore (2021)

Compared to IIM Lucknow’s IPMX, IIM Indore’s EPGP will be a better option. 

Small Cohort Size: 

IIM Indore has a small cohort size. So, the professor-to-student ratio is higher. 

Location: 

IIM Indore IPMX program takes place on the Noida campus. The environment on campus is ideal for studies and it also has the advantage of being close to the industries in the Delhi NCR region. 

Placement:

IIM Indore Executive MBA placements 2022 had witnessed an all-time high average placement package. The average CTC for the top 25% of the EPGP students was INR 35.5 LPA. While the top 50% of students received an average CTC of INR 30.6 LPA. 

Batch Size: 

IIM Indore 2021 EPGP batch had 68 students. Students had work experiences in the range of 5-15 years. The students crowd is diverse and there is huge potential for peer learning. 

Due to these factors, EPGP from IIM Indore will be a better option. 

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