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Which should I join, IIM Trichy/IIM Udaipur?
You should join IIM Trichy. It is better, especially for Finance specialization. Their finance faculty is among the best in the country. It has CFA association. Here are the highlights of IIM Trichy placements 2022.
| Parameters | Statistics |
| Average CTC | INR 17.01 LPA |
| Average CTC for top 10% of students | INR 23.40 LPA |
| Median CTC | INR 16 LPA |
| Highest CTC | INR 34 LPA |
| Total no of recruiters | 116 |
Capgemini, Accenture, Samsung, Byju’s, Kantar, Adani Wilmar, etc. recruits through the campus drive.
Which IIM should I prefer out of IIM Udaipur, IIM Trichy, and IIM Ranchi?
I think that Udaipur is one of the most underrated IIMs. To elaborate on this point let me enlighten you with some amazing facts about it
- IIM Udaipur is the youngest B-school in the world to rank in the top 100 FT(Financial Times) Masters in Management ranking globally.
- It ranks better than IIM Indore
- It is ranked along with IIM Indore in the 101+ category in the World QS Ranking
- IIM Udaipur is the youngest B-school in India to get AACSB Accreditation.
- IIM Udaipur is ranked 4th in Research in India in the research ranking by UT Dallas and has overtaken Calcutta which is in the 5th position
In reality IIM Udaipur is an IIM that has an extensive research culture. The rankings are a reflection of how quickly it has climbed the ladder. It is due to its high-quality research that many excellent permanent faculty has become a part of IIM Udaipur. This does not make it the best IIM but still, it is heading toward becoming the best.
Another major attraction of this institute is its impartial nature in every aspect be it placements or admissions. The students are not deceived at any point at all.
The placement statistics are seeing a gradual improvement over the past few years.
|
Particulars |
Placement Statistics |
|
Placement Percentage |
100% |
|
Batch size |
315 |
|
Number of Recruiters |
184 |
|
Highest CTC |
INR 35.96 LPA |
|
Average CTC |
INR 19.5 LPA |
|
Top Recruiters |
American Express, Asian Paints, PwC |
These figures are expected to rise in the coming years. All this makes IIM Udaipur a good choice.
What is better: PGPM at IIM Trichy or Great lakes Institute of Management, Chennai?
IIM Trichy may be a good choice if you value the brand value of IIMs. However, Great Lakes Institute of Management (GL) outperforms IIM Trichy in several areas:
- The average CTC at GL is INR 17.86 LPA, while at IIM Trichy it is INR 17.01 LPA. However, the one-year program at GL allows students to enter the job market faster, mitigating the difference in CTC. In addition, the batch size at GL is larger and the highest CTC offered is higher than that at IIM Trichy every year.
- GL has a higher quality faculty compared to IIM Trichy and can only be compared to the top 5 institutes in India in terms of faculty.
- GL has a larger alumni base.
- Some companies, such as TCS, offer higher tier profiles to students at GL compared to those at IIM Trichy. Both institutes have a focus on IT placements, making this comparison significant.
- GL is recognized by AMBA, one of the three largest business school accreditation organizations, and is also a GMAT preferred school.
- The quality of students at GL is on par with IIM Trichy. The average CAT/XAT score at GL is 94%ile, with a cut-off around 90. The average percentile is likely to be higher than IIM Trichy as the cut-offs for reserved categories at IIMs are lower.
There are numerous comparisons where GL outperforms IIM Trichy. However, other B-schools such as JBIMS, MDI Gurgaon, and IIFT Delhi may also be considered over new IIMs.
Is it worth choosing IIM Ranchi, Trichy for MBA in terms of placement and future scope?
Yes, you can easily choose IIM Ranchi or Trichy based on their placement statistics because the placement scenarios at both IIMs seem promising despite the lack of infrastructure and campus facilities. In many cases, Trichy and Ranchi have exchanged leads outside the ABC and LIK worlds. All can be overcome if you are taught by the best professors.
Elaborating further, IIM Trichy seems better than Ranchi or Rohtak to me. The reason being the superior teaching methods and its favorable location both for students as well as recruiters. Apart from Trichy, other IIMs are also doing fairly well compared to non-CAT MBA institutes. These are doing well with the help of sponsor IIMs which arrange faculty and placements. These in turn select their own Directors and invest in the infrastructure required in another 3–4 years as Trichy and Ranch have already done.
How was your IIM Trichy interview experience?
Here is the IIM Trichy interview experience of a candidate.
It was a cold morning in Bangalore. Finding Monarch Luxury was not difficult for someone who was familiar with the city. On the way, the candidate stopped at a nearby shop to buy the day's newspaper. Upon arriving at the venue on time, she was directed to the waiting hall where all the other candidates were already present. The candidate felt underdressed in their plain red kurta when they saw the other candidates dressed in business formals, complete with blazers.
Reminding herself that she was just one step away from the prestigious IIM tag, the candidate took a seat. The process soon began.
The topic for the WAT (Written Ability Test) was "Weddings and restaurants have different varieties of food and most of the time a large amount goes to waste. In a country like India, we cannot afford that. What are your thoughts about the same?" The candidate found that all of the large-scale topics they had prepared for this moment were useless, as this was not something they could have studied beforehand. They were simply asked to express their opinion on the given topic on an A4 sheet.
After their WAT, the candidate waited outside the PI (Personal Interview) room and tried to remember everything she had studied in the past few days. She read the newspaper and decided to go over the story of Great Britain and David Cameron in detail. She heard other candidates speaking to each other and sharing their experiences. They were asked questions about their favorite subject in their graduation course. The candidate began to panic, as she loved engineering mathematics but did not think she would be able to solve problems in front of the interviewers. She also did not want to mention coding as a favorite subject, even though she had a computer science engineering degree, because she was not proficient in it.
When her turn finally arrived, the candidate stepped into the PI room hoping they would not be asked about their graduation. The panel consisted of two men and a woman, all of whom welcomed the candidate with a smile and put them at ease. The interviewers asked the candidate about the meaning of their name, their work at IBM, and their reasons for leaving her job to pursue an MBA. The candidate was also asked about their reading habits, current events, and their career goals. The interview concluded with the interviewers thanking the candidate and wishing them luck.
What is the placement scenario in IIM Trichy?
IIM Trichy has completed placements for its PGPM and PGPM-HR cohort of 2022, with the highest salary offered reaching INR 34 LPA and a median salary. A total of 110+ companies participated in the placement drive, making 228 offers to students across the batches. The following information is taken from the 2022 IIM Trichy placement report and includes key salary and recruitment statistics, as well as a list of prominent domain-specific recruiters.
|
Domain |
% of Placement Offers |
Highest Salary Package |
Average Salary Package |
Average of Top 50% |
|
Sales & Marketing |
19% |
Rs 34 LPA |
Rs 18 LPA |
Rs 21.45 LPA |
|
Consulting |
47% |
Rs 24.78 LPA |
Rs 16.62 LPA |
Rs 18.81 LPA |
|
Operations |
9% |
Rs 22 LPA |
Rs 16.72 LPA |
Rs 19.05 LPA |
|
IT & Analytics |
10% |
Rs 20.67 LPA |
Rs 16.31 LPA |
Rs 18.81 LPA |
|
Finance |
15% |
Rs 20 LPA |
Rs 17.67 LPA |
Rs 19.51 LPA |
Most of the offers received were in the fields of sales & marketing, finance, consulting, IT & analytics, operations, and HR.
Is it okay to leave JBIMS for IIM Trichy as it has an IIM tag and the companies prefer IIMs more?
There are nine reasons for choosing JB over Trichy. Firstly, JBIMS has a stronger alumni base, with many successful CEO's having graduated from the institute. Secondly, JB has a better reputation in the industry. Thirdly, JB ranks in the top 10 colleges, while Trichy is far behind. Fourthly, the average salary offered at JB (INR 27.63 LPA) is higher than that offered at Trichy (INR 17.01 LPA). Fifthly, JB offers better roles and opportunities. Sixthly, the location of JB (Mumbai) is a major advantage over Trichy. Seventhly, the IIM tag carries more weight when one graduates from BLACKI compared to a newer institute like Trichy. Eighthly, the return on investment for JBIMS is higher than that for Trichy. Finally, the cutoff for general category applicants at JBIMS is 99.93%tile+ in the CET, while the cutoff for Trichy is 93%tile+ in the CAT.
This demonstrates the higher level of competition at JB compared to Trichy.
Which B School should I join amongst: IIM Udaipur, NMIMS or IIM Trichy?
Recommendations on joining an IIM:
For individuals who come from top tier engineering colleges (such as IITs or BITs) and have a salary of more than INR 10 lakh per year in the tech sector:
- It is not advisable to join any new IIMs unless you are looking to change your domain or are in a particularly difficult situation.
- Do not expect to gain a lot of knowledge or make friends with similar backgrounds at new IIMs, as the student body tends to have mediocre backgrounds and may not be well-informed about industry trends.
- Do not join a new IIM based on the media relations people who promote the institute on Quora, as they may not understand your level or expectations.
For individuals who are not from top colleges and have a salary of less than INR 5-6 lakh per year:
- It may be beneficial to join a new IIM, as it could potentially improve your situation.
- It is generally a good idea to join a new IIM without hesitation, as it may have a significant impact on your life.
For individuals who come from top tier engineering colleges and have made poor decisions in their lives:
- It may be worth considering attending a new IIM if you are willing to endure two years of academic study in order to improve your career prospects.
For entrepreneurs or aspiring entrepreneurs:
- Consider the return on investment before committing to a new IIM. It may not be worth incurring a debt of INR 16 lakh and spending two years with mediocre peers if it is not likely to lead to a good job and a successful career. It is important to carefully weigh the potential benefits and drawbacks before making a decision.
Which one is better, IIM Udaipur or IIM Trichy?
Both of these colleges belong in the same tier of B-School, but IIM Udaipur has a slight edge over IIM Trichy. IIM Udaipur is an academically driven place. You will get access to good learning opportunities. It also maintained a good placement record over the years. IIM Udaipur placements 2022 highlights the average and highest CTC offered was INR 19.5 LPA and INR 34.96 LPA.
How is life in IIM Trichy?
IIM Tiruchirappalli (IIM Trichy) is a prestigious business school in India known for its rigorous academic schedule and focus on all-around development of students. The day at IIM Trichy begins early in the morning and can stretch late into the night, a schedule that students refer to as "the marathon run." In addition to their academic coursework, students at IIM Trichy are expected to stay current with global events and are encouraged to participate in extracurricular activities and student committees. These activities, which range from sports and cultural events to academic clubs and committees, help students develop leadership skills, broaden their worldviews, and become active members of the IIM Trichy community. The institute also has a well-equipped library, known as the Learning Resource Centre (LRC), that offers access to a wide range of research resources and databases.
IIM Trichy also has state-of-the-art computer and printing facilities, as well as six student hostels that provide accommodation for men, women, and differently-abled students. Other facilities at IIM Trichy include a behavioural lab, sports facilities, and a cafeteria.
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