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Is there a considerable amount of difference between a baby IIM and a top one, IIM Nagpur vs IIM Ahmedabad for instance? What would the differences be?
Every educational institute takes a good time to make its mark in the industry. No B School has been flourishing since day one. The old IIMs that are considered the topmost B Schools also have their own journey of growth and becoming what they are today. It is only through baby steps that they have improvised in various aspects like faculties
- placement
- alumni network
- curriculum
- online courses
- certification program
- premium batch
The older IIMs have evolved in these aspects gradually over the years and not right off the bat. The same is expected from the new IIMs. They are slowly making their mark and climbing the ladder but they have a long way to go. It might take them years to give an edge to any of the older IIMs. So I don’t think it’s justifiable to compare them to old IIMs.
Which B school should I choose between VGSoM IIT KGP and IIM Nagpur?
When considering graduate business programs, it is important to weigh the various factors that may influence your decision. IIT Kharagpur's Vinod Gupta School of Management (VGSoM) has a long legacy and robust alumni network, spanning over 25 years. In contrast, IIM Nagpur, a newer institution, has graduated only three batches so far. VGSoM also boasts a spacious campus of 2100 acres, while IIM Nagpur does not have its own campus.
While the fees for both programs are roughly the same, the average package at VGSoM is significantly higher at INR 19.36 LPA compared to INR 13.21 LPA at IIM Nagpur. However, IIM Nagpur does offer a unique opportunity for students to spend one trimester at IIM Ahmedabad and receive mentorship from the institution's faculty. Additionally, for some individuals, the IIM tag may hold additional prestige.
It's worth noting that the IIM tag is highly respected for older IIMs and certain regional campuses such as IIM Trichy, IIM Udaipur, and IIM Ranchi. However, for baby IIMs like IIM Nagpur, the tag may not hold as much weight when compared to an esteemed institution like VGSoM which holds the IIT tag and offers an MBA program that is semester based, while IIM Nagpur offers a trimester-based postgraduate program.
Is IIM Nagpur good for freshers or not since I have heard that the max batch is experienced (I converted)?
When considering which MBA program to attend, it is important to not rely solely on hearsay and to research different options thoroughly. While it is true that many students at IIM Nagpur have work experience, this is not the case for all students. If an individual is not comfortable working with students who have work experience, it is suggested to explore other options, or even wait a year and take the CAT 2021 exam in the hopes of securing a spot in an even better IIM.
It's important to note that as a fresher, there are some challenges that one may face when studying among a large number of work-experienced students. These challenges could include being perceived as less experienced, having ideas and answers dismissed, or being passed over for leadership roles in group projects. This is why, it's essential to evaluate one's own comfort level, strengths, and weaknesses and decide accordingly. Furthermore, it's not a one-size-fits-all solution and different individuals may have different reasons to prefer one institute over the other.
Is IIM Nagpur good for giving placements in Nagpur?
IIM Nagpur is currently one of the fastest-growing institutes among the new IIMs and has been making significant efforts to increase its batch size, academic programs, and placement opportunities. This is evident in the strong placement statistics that the institute has been able to achieve. According to media reports, the 2021-23 batch of the flagship MBA program at IIM Nagpur successfully completed its placement drive, with the highest package offered to be INR 64 LPA, and the average and median packages standing at INR 16.74 LPA and INR 16.85 LPA, respectively.
Over 100 top companies participated in the placement drive, including well-known firms such as Microsoft, Adani, ICICI Bank, and Bank of America. Furthermore, the IT & Consulting sectors and the ITES & BFSI sectors emerged as the leading sectors for placements, accounting for over 70% of the total placements from the 2021-23 batch.
IIM Nagpur is also expanding its field immersion programs to various countries such as Japan, South Korea, France, and Dubai, in addition to its student exchange program. This can present better opportunities for students in multinational companies this year. For people considering an MBA program and looking for an institute, IIM Nagpur would be a great option for considering, especially for those who have job experience of over a year, as it provides a great opportunity for growth. It's not as good as the older IIMs (BLACKI IIMs) but could be a good next-best option.
Which is better, IIM Nagpur or IMI Delhi, both for PGP and PGDM courses respectively?
As a prospective MBA student, you might be considering both IIM Nagpur and IMI Delhi as options for your studies. While IIM Nagpur is a newer institute, it does carry the IIM brand, which could be beneficial for your future career prospects. On the other hand, IMI Delhi has a long history and has consistently been ranked as a top business school.
IMI Delhi would be a better choice due to its strong connections with the corporate world and the location advantage it offers. Ultimately, the decision of which institute to attend will depend on your individual goals and priorities.
How is IIM Nagpur for a fresher?
If you are a fresher and not sure about joining IIM Nagpur, you can consider the following factors
- Options: A very important aspect while choosing a college is the list of options you are choosing from. You might have a different plethora of options than others. Research the placements, faculty, and infrastructure of these colleges and then decide.
- Academic background: IIM Nagpur offers excellent exposure and placements to students who are Software oriented or with a Finance backfiring. But, if in case, you have an interest in core backgrounds, then your chances are low as recruiters prefer experienced professionals for such roles
- Personal Interest: If you are included in developing technical skills rather than managerial skills then IIM Nagpur is definitely a good option.
- Roles offered: Freshers, as well as experienced students, are offered roles in Product Management, Business Analysis, Consulting etc. IIM Nagpur has an excellent alumni base and teaching methodology for these roles specifically.
I think IIM Nagpur does not discriminate much between freshers and experienced people. So don’t worry and give your luck a try.
Is it very difficult to get admission in IIM Nagpur?
Your question is quite vague given that the admission criteria are directly linked to your profile. The chances of one’s admission are proportional to your grades and experiences and therefore cannot be generalized.
Let me elaborate for you. In the entrance exam, every candidate has their own strengths and weaknesses. One might be good in the Quantum section but as at General Knowledge and vice Versa. While many get good scores in the entrance exam, they fail to muster the courage to speak in the interview which lowers their chances of admission despite a good CAT percentile.
Still, if I rate the level of difficulty to get admission at the top IIM A B and C as 10/10 then I will rate IIM Nagpur as 6. This is because I know a friend who scored 92 percentile with decent past academics and work experience of around a year and yet got into IIM Nagpur.
What is a better choice, take a job at Infosys as a fresher or pursue an MBA at IIM Nagpur?
I cannot answer your question directly but I can direct you to answer it yourself. Choosing something related to your career requires constant analysis of your own interests.
Now let’s look at the 2 options you have. Taking a job at Infosys as a fresher or pursuing an MBA from IIM Nagpur. One choice may be right for someone and wrong for the other person. So it’s up to you to decide.
You should join Infosys only if you are interested in solving technical problems. You will be trained at the training facility at Mysore and made to inculcate impeccable technical skills. You will be dealing with the technological aspects of the company. like working on features of a product, and solving/reporting bugs for a product. Your future job prospects include becoming a Technical Analyst, Tech lead, or other tech-savvy roles. You need to have a serious interest in this area if you choose this option.
You should pursue an MBA from Nagpur or any other IIM only if you are interested in solving business problems. Here you will be taught by world-class faculty for 2 years who will teach you the various dimensions of business management. You will have to participate in case studies, quizzes, classroom participation, presentations, group assignments, club activities, etc. During the second year, you can focus on one or two of your favorite domains. MBA will open doors for big placement offers.
So what matters, in the end, is what you want to do in life and what you are passionate about.
Is it true that after IIM, Nagpur is also going to have AIIMS and IIIT (Indian Institute of Information Technology)?
It indeed is. As far as AIIMS is concerned, a search for a suitable site for its construction is still going on. Once the authorities come across such a site they feel is right, it would be worked upon right away. For the institute to get functional in real terms, it would take around a good whole 4 to 5 years.
If I talk about IIIT, the situation is similar to the one I have mentioned for AIIMS. The construction can be a bit jittery initially. So, you can anticipate that the location would soon be finalized so that people get to work on it. The Central Government had already passed a proposal for the construction of AIIMS at least two years back, but it was on halt because of the State Government's refusal initially.
There wasn't any action taken up to a stretch of 9 months. Finally, because of the efforts laid by the contemporary government, these files of the institute's construction were moved after 9 months.
What are the benefits of pursuing a management course from the Indian Institute of Management Nagpur (IIM Nagpur)?
There are various advantages of studying management at the Indian Institute of Management Nagpur (IIM Nagpur). Here are a few examples:
Excellent Faculty: IIM Nagpur has a faculty that is highly skilled and experienced in their respective professions. They bring a lot of expertise and experience to the classroom, which aids students in their learning and development.
IIM Nagpur's curriculum is meant to equip students with a solid foundation in management ideas and practices. It is regularly updated to stay up with the changing business climate.
- Exposure to Industry: IIM Nagpur gives students several opportunities to meet with industry experts and leaders. This allows students to get an understanding of the practical aspects of business and management.
- Internship Opportunities: IIM Nagpur has collaborations with various renowned firms that offer students internship opportunities. These internships allow students to obtain practical experience while also applying what they have learnt in the classroom.
- Placement Opportunities: IIM Nagpur has a strong track record in terms of placement. The institute maintains partnerships with renowned organizations in a variety of industries, which give students placement opportunities.
- Networking: IIM Nagpur provides ample opportunity for students to network with their peers, alumni, and industry experts. This assists students in developing a strong professional network, which can be useful in their future professions.
Overall, enrolling in a management course at IIM Nagpur can give students a solid foundation in management principles, exposure to industry practices, and numerous prospects for networking and professional advancement.
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