My answer is based on my sister’s comparison therefore is brutally honest and objective. Some people might still be praising the Business Analytics course but trust me it’s their see efforts to increase its market value only.
I personally am here to convince you against the Business Analytics course. My sister was a student in the same program and even after relentless efforts for 1.5 years, the results were nowhere near expectations. In Fact, she suffered throughout the course and her career was affected a lot in the process. The following points strongly support my opinion and might convince you of the same
Poor quality and substandard faculty who keep changing their rules
If you are really keen to pursue your career in Business Analytics, choose one area in analytics you want to specialize in and pursue that specific area only. For instance, you can choose a Big data or Machine Learning course and go through their concepts and look for jobs and internships in that area specifically. This is a faster and much more focused way rather than joining the CBA program.
The Indian School of Business (ISB) Hyderabad has a unified application process for both its Hyderabad and Mohali campuses. Prospective students can take either the GRE or GMAT exam to be considered for admission. Depending on their years of work experience, applicants can choose from three different application channels: the Young Leader Program (YLP), the Early Entry Option (EEO), or the Post Graduate Program (PGP).
To apply, candidates must meet certain prerequisites and submit an online application. This application should include compelling essays that showcase the applicant's leadership skills and professional expertise. After submitting their application, shortlisted candidates will be invited for a personal interview. The final decision on admission or rejection will be communicated approximately 15 days after the interview.
It is to be cleared first that the FPM course is completely equivalent to a Ph.D degree. It takes approximately 4-5 years to complete, along with accurate learning and research work.
The fact is that ISB generally pays Rs. 40000 as a stipend along with House Allowances to the candidates who are doing FPM on a full-time basis. Thereby you are not required to pay anything from their own pocket, but they can earn 40 thousand per month.
However, the most important thing is that FPM requires accuracy to complete the study without spending money. So, you have to study with full accuracy, and earn support from this institute to carry on your personal and family expenses. You have to enroll as a full-time candidate and should not have any other source of income.
If you have any other second income, then it will not work. After completing this program, the student will get unlimited rewards, considering their knowledge and income.
When comparing the placements of the two, ISB and IIMs, the batch size hardly matters because both institutes market different products. The background and profiles of students of both institutes are too versatile to draw comparisons. If I roughly divide the ISB students and the kind of placement scenario they face then
So the batch size does not matter here and ISB Hyderabad placements are themselves quite satisfactory.
You may have heard differing opinions on the current status of IBS Hyderabad. While it is true that there have been some changes that have led to a decline in the quality of education and the reputation of the campus, there are several specific factors that have contributed to this decline.
One factor is the increasing batch size. The college has been adding at least 50 to 100 students each year, which has resulted in a larger student body. However, this increase in batch size has also meant a decrease in the quality of the students being admitted to the main campus.
Another issue is the lack of dedication from some of the professors. Despite having degrees from prestigious universities, some professors are not fully committed to teaching and providing quality education to their students.
The administration's approach to filling the larger batch size has led to the admission of mediocre students who are not serious about their education and cause disruptions in the classroom and in the hostels. This creates a negative environment that can affect the learning experience of all students.
The administration has also failed to enforce rules and regulations, allowing students to engage in harmful activities like smoking, drinking, and damaging hostel properties. These actions have led to a decline in the reputation of the campus and have negatively impacted the placements of students. Companies have noticed the lack of skills and poor behavior of some students during the recruitment process, which has led them to question the quality of education being provided at IBS Hyderabad.
To restore its former glory, the administration needs to prioritize improving the quality of education and ensuring that rules and regulations are followed by all students. Additionally, offering mental conditioning classes for students can help them develop a more professional demeanor, both in the classroom and during the recruitment process, ensuring that the campus continues to attract top companies for placements.
If you're considering pursuing a career in product management, it's important to choose the right business school that offers the best program and opportunities for this field. While both ISB and IIMs are well-known institutions for management education in India, there are some key differences to consider when it comes to their product management programs.
Here are some factors to keep in mind:
If you're set on pursuing a career in product management, and you have a choice between ISB and IIMs, then ISB may be the better option. However, if you're open to other fields such as finance, then IIMs still have a lot to offer.
The syllabus at ISB Hyderabad for the PGP program is designed in such a way that it inculcates a wide variety of courses such as micro economics, macro-economic, financial accounting, statistics, operations management, competitive strategy, corporate finance, managerial accounting to name a few.
Term 4 is a crossover term- a nice blend of the core courses and elective courses chosen by the student. You can also check the entire list of elective courses on their website which is regularly updated. Term 5 to 8 will have the elective courses selected before the term commenced.
As you move to other electives, you can choose subjects like consumer behavior, transactional analysis and modeling, digital strategies, entrepreneurship, and also a few fun subjects such as filmmaking, happiness and creativity and leadership.
There are a total of 32 programs which are included in this module of ISB Hyderabad for PGP program. This is a 100% research oriented curriculum taken care of by all the top eminent faculty from across the globe. The list of subjects slightly keep changing from one year to the next and for more details, do visit their official website.
Institute like ISB Hyderabad does not have a management quota. Admission at this institute is strictly merit-based. They choose students based on their academic record, problem-solving skills, and good attitude. Even if you have a good academic record you still need to do well in the interview, in order to get a seat.
Eligibility Criteria-
ISB looks for students with a balanced profile, and your school and graduation scores will be considered. They should be above average. Only then you'd be called for the interview. You should focus on highlighting your skill and value in your essays because scores will do only so much.
It all depends on what you want out of life. If you have more than three years of experience, you should apply to ISB Hyderabad or IIM Calcutta. Furthermore, ISB offers a challenging 8 semester in 12 months program that prepares you to handle any type of workload after that.
Though IIM Calcutta is excellent for finance professionals. If that's the situation, you can go for it. You should not compare the one-year programs at IIM Calcutta and ISB Hyderabad. If you are, ISB is far superior.
Below is the average package information of IIMs, XLRI, FMS, and ISB Hyderabad.
Institute | 2022 Median CTC (in INR) |
IIM Ahmedabad | 26.5 LPA |
IIM Bangalore | 28.98 LPA |
IIM Calcutta | 31 LPA |
XLRI | 29 LPA |
FMS | 30 LPA |
ISB Hyderabad | 27 LPA (2021) |
The average placement scenario for these institutes varies each year. As there are multiple factors at play, like specialization, recruiting companies, student crowd, etc.