Preparing for the CAT again is a hefty task and requires a lot of motivation. So I will suggest that you forgo your offer to join only under the following circumstances
If your situation does not involve any of the three cases then going for IIM Trichy is a wise decision. It’s a second-generation IIM and older than the newly established IIMs. Moreover, you will still get the IIM tag, and chances are that by the time you pass out from the institute, it has gained more reputation.
Depending on who you ask, this question has a variety of answers. The majority of the students, faculty, and business representatives you'll come into contact with, however, rank Kashipur last among the three colleges mentioned.
Most people, especially in the south, prefer Trichy over Udaipur when it comes to placements. However, in the past two years, people from Mumbai, Calcutta, and Delhi region have also made this recommendation. One reason for this is that Udaipur is overly dependent on its director, who, according to reports, has a narrow perspective on placements. Contrarily, Trichy is thought to take a more well-rounded and superior approach to academics, extracurriculars, and placements. This is why Trichy was chosen over Udaipur.
The worth of a certain program depends on what you want to achieve after completing it. In case you want to just ameliorate your knowledge and skills, this course is indeed the finest option. But if you are pursuing it to receive a high-paying package, then your approach is wrong. Yes, it will open doors for better job prospects but you cannot directly grab a high-paying job right off the bat.
Some major highlights of this course are as follows
Before I end my answer I will ask you to keep 2 points in mind. Firstly, this program is extremely demanding and you should not take it just as a side hustle. It needs complete involvement and determination on your part.
Secondly, no placement opportunities are offered upon completion of this program so you shouldn’t rely on the placement committee.
There are multiple reasons that cause the waitlist movement of IIM Trichy to slow down. Some include
So all you can do is wait for the top IIMs' waitlist movement.
For Finance, IIM Trichy is the best option. It has a great faculty base for this domain. Most of the faculty members are from IIM ABC. It is among the handful of B-School in India that has an association with CFA.
According to the highlights of IIM Trichy placements 2021, 15% of the placement offers were made from the finance sector. The average CTC offered by the recruiters from this sector was INR 17.67 LPA.
I think firstly you need to change your mindset. Rather than pondering on which college is better, ponder on which college is better for you. Analyzing your situation this way will enable you to make a wiser decision. This is because only you truly know what you want from your MBA degree, and that is the sole basis for deciding your choice of college.
Now identifying your own interests and preferences might be a tricky task. I have some tips that might help you know your forte.
Checking all these aspects might help you come up with a healthy decision. Don’t be hasty to choose a B School as this decision will affect your career.
It's difficult to say which one is better IIM Ranchi, IIM Trichy, and IIM Raipur for a fresher without work experience, as it depends on your personal preferences and career goals.
Here are some factors to consider when making your decision:
Particulars |
IIM Ranchi |
IIM Trichy |
IIM Raipur |
Highest CTC |
INR 65 LPA |
INR 41.61 LPA |
INR 67.60 LPA |
Average CTC |
INR 16.17 LPA (2020-22) |
INR 20.55 LPA |
INR 21.04 LPA |
Top Recruiters |
Capgemini, Dell, Infosys, Asian Paints, Dell |
JP Morgan & Chase, McKinsey & Co, Bain & Company, HSBC etc |
IBM, HDFC Bank, TATA Steel |
All the 3 IIMs are equally good with diverse opportunities and cultures. So make a well-informed decision!
New IIMs are being projected as amazing institutes when the truth is far different. The media is relaying false information for the sake of publicity.
So I will personally recommend the following not to join any new IIMs at any cost.
I will recommend the following to join any IIM
These recommendations are based on the expectations of many. But please don’t consider joining the new IIMs unless it’s the last option you have.
The answer to this question depends directly on you and your profile.
You should forgo your offer at IIM Trichy if
You should go for Trichy if
I hope I made it easy for you to make a wise decision. Just remember that IIM Trichy is one of the best among the new IIMs so joining it won’t be futile.
IIMs in India provide excellent education and consistently grow and adapt to challenges, even during economic downturns. During the MBA placements season at IIM Ranchi in 2022, the highest and average packages offered were INR 42 LPA and INR 16.62 LPA, respectively. IIM Trichy also had a successful placements season in 2022, with the highest package offered to be INR 34 LPA, an increase of 13% compared to the previous year. One unique aspect of IIM Trichy is that it offers a course on International Business Practice, which allows students to work on live projects for companies based in Singapore and other locations.
Both IIM Ranchi and IIM Trichy are good choices for students interested in sales and marketing careers. Ultimately, the decision of which institute to attend will depend on your personal priorities and preferences.