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Is it worthwhile doing an MBA in UPES Dehradun?
Every B-school has its unique strengths and so does UPES Dehradun which is famous for its domain-specific MBA. If you are willing to pursue an MBA in oil and gas, power management, or energy trading, choosing UPES Dehradun will be the right decision. It offers a plethora of opportunities in these domains and the ROI is also great. There are some industry-specific courses too but their placements are just average.
The best part about UPES is the diversity of the crowd. You will get the chance to interact with people from various backgrounds such as law, management, engineering, and design thus enhancing the learning experience manifolds.
Ultimately, I will suggest you go for UPES Dehradun only if you are planning to pursue a domain-specific MBA, else you can go for better B Schools.
Should I go to IBS Hyderabad (ICFAI) for an MBA? Why or why not?
IBS Hyderabad isn’t a good option for MBA. The placement record of the institute isn’t good. You won’t get a good ROI. The course fee for an MBA at IBS Hyderabad is INR 16.02 lakhs. While the average CTC offered to the students according to IBS Hyderabad placement highlights for 2022 is INR 7.97 LPA.
The student intake is huge. Batch strength for MBA is 1300. So, students don’t get equal opportunities in terms of academics and placements.
I joined SBI as a PO in 2015 and currently a scale 2 officer. Is it wise to leave SBI for an MBA from NMIMS Mumbai, SIBM Pune or MDI Gurgaon? Also, I do not want to continue in SBI.
Since you do not want to continue with SBI due to whatever reasons, so it would be a better option to follow what you want to and don’t continue in your job. Now, you have three options to choose what you want to do:-
- You can resign your current job and search for a job in a private bank. This option might not be a feasible one as the entry-level pay at SBI is much more lucrative than other banks. Your experience might not be valued in case you do not have much of it.
- You can go for an MBA from NMIMS Mumbai, SIBM Pune, or MDI Gurgaon. In this case, your experience will be valued during the placement process and you will be an eligible contender for middle management jobs in private banks and you may also explore new fields like corporate finance or trade finance.
- The other option is to wait for two more years of experience and pursue a one-year MBA provided you are ready to continue in SBI for two more years. Furthermore, there are other factors as well like GMAT score you get after two years.
Which IIM to prefer out of 6 new IIMs (IIM Kashipur, IIM Raipur, IIM Ranchi, IIM Rohtak, IIM Udaipur, IIM Tiruchirappalli)?
Since almost all the new IIMs have a common performance rate these days, it’s quite a dilemma to choose one among them. Some make their choices on the basis of placement reports while others prefer locational and campus-related factors.
Let me give you 2 solid reasons why placement reports are not a good basis for judgment.
- The salaries mentioned in the placement reports are on CTC basis and therefore would be highly inflated as is the case with all Indian B-School.
- If you look closely at the placement reports of the new IIMs, you will see that the figures are almost the same.
This can leave you more confused.
Another factor people consider is the location. Apart from Rohtak, almost every IIM has a locational issue. Even the faculty and pedagogy are similar. So the overall difference in these colleges is completely dependent on your mindset and willingness to struggle.
Now I have come up with a unique parameter to make your decision a tad bit easier. This factor is the specialization you are willing to pursue. To make it easier, let’s consider the following specializations and the IIMs that excel in each of these respective categories.
- Human Resources: For this specialization, the best among the new IIMs are IIM Ranchi and IIM Trichy.
- Marketing: If you are interested in the Marketing domain, the best options for you are IIM Raipur, IIM Ranchi, and IIM Udaipur.
- Finance: For a stable career in Finance the preferred IIMs include IIM Trichy and IIM Udaipur.
However, for this, you need to be certain of the field you are interested in. In case you are not yet certain, go for any one of these 3; Ranchi, Raipur, or Trichy.
How academically intense is the MBA at IIM Ahmedabad?
Academically an MBA from IIM Ahmedabad is extremely grueling. There’s a lot to read, lot to do, and very little time.
The three classes every day is the easiest part. The real pandemonium starts when the bell strikes 1:10 pm. Students rush to the mess to have their lunch and wait for the surprise test notification. The notification usually comes around 1:30 pm. You can breathe easy if no notification came. If you get a surprise test, you will have to start ruffling through books and previous notes to prepare for it.
Each day, you will have to prepare 2-3 cases for the next. You also need to read the cases (15-30 pages long) and make a crisp presentation including your understanding. You also need to take care of assignments. During the second term, you will have to prepare for the summer placements, along with the usual academics. You have to refine your resume, meet with your placement adviser, and take part in club activities and interest groups.
Basically, you will be subjected to human stress testing during your MBA at IIM Ahmedabad. You will be put through every conceivable difficulty you may face in your professional life.
What was your CGPA at IIM Ahmedabad and how did you achieve it?
Few of my friends attended IIM Ahmedabad. One of them scored 3.56 in his first year. Here are some of the common traits that you will observe in most people who score good CGPA.
- Attend classes regularly and internalize. The case-based pedagogy of IIM Ahmedabad is unique. You will learn a lot from the professors as well as your peers.
- Prepare for class. Read the case study that will be discussed in class.
- Select a good study group.
- Some examinations are different. Just subjective learning isn’t enough in these cases, you will have to complement it with objective aptitude.
Doing these will help you score better.
What is MBA salary in India?
MBA salary of a B-Schol graduate in India is proportional to their qualification and experience. It also depends on other factors like Almameter of the candidate, MBA specialization, industry, designation, etc. The MBA average salary for the topmost B-School in the country is as follows.
| Name of the institute | MBA salary(in INR) |
| IIM Ahmedabad | 26.13 LPA |
| IIM Bangalore | 33.8 LPA |
| IIM Calcutta | 26.24 LPA |
| IIM Lucknow | 26 LPA |
| FMS Delhi | 32.4 LPA |
| XLRI Jamshedpur | 30.73 LPA |
| MDI Gurgaon | 26.07 LPA |
| SPJIMR Mumbai | 23.6 LPA |
| IIFT Delhi | 25.16 LPA. |
MBA salary depends a lot on specialization as well. Among the specialization, Marketing and Finance offers better placements.
How good is KJ Somaiya (SIMSR) for doing an MBA in India?
As a B-School, KJ Somaiya has certain factors which are advantageous, such as location, ROI, alumni base. Since Mumbai is the corporate hub of India, the college easily attracts many companies. SIMSR has a huge alumni base with people working at imminent positions in the corporate world.
However, it doesn’t come under the top B-Schools in India. SIMSR brand doesn’t have much recognition. Although it attracts many companies, the placement average isn’t at the same level as top B-Schools. KJ Somaiya placements 2022 had an average CTC of INR 10.95 LPA.
Is NMIMS a good college for an MBA?
Yes, NMIMS is considered to be the MBA college in Mumbai city and its MBA program is highly regarded among aspirants. Here are a few pros and cons of the institute that might help you
Pros
- The college is well-known for its state-of-the-art infrastructure. The classrooms have all modern facilities and the library too is well-stocked.
- Its location gives it leverage in establishing healthy industrial relations.
- The parity of the faculty cannot be doubted as they deliver excellent lectures.
- The academics are much more than just bookish language as students are made to solve Case-based studies.
- The food served in the canteen is quite good.
- Students get the chance to participate in lots of competitions and earn well, or get PPI.
Cons :
- NMIMS fees are exorbitantly high. The first-year fee is INR 11.95 Lakhs. You also need to consider the expenses of living in Mumbai.
- Hostel faculties for only limited students
- A few faculties have no interest in teaching.
- The placement stats are inflated and thus misleading.
- The MBA batch of NMIMS has a huge batch of around 600 students affecting the quality of education.
- There is a huge gap between the administration and the students.
- Easy entrance exam affects the quality of the crowd.
So, NMIMS was once a great B School but the increasing batch size has affected its reputation largely. You can go for colleges with a smaller batch size and similar fees to get better job opportunities.
I completed my BBA two years back and now I have 2 years of work experience. I did a distant PGDM from NMIMS. If I clear the CAT this year, should I go for a regular MBA?
Since you already have a work experience of 2 years you should go for an executive program from a reputed institute rather than doing any regular program.
- You should never hold your career because of continuing with a regular MBA program rather than you should choose an executive program.
- For the executive program, you can choose a 1-year global MBA degree in collaboration with 3 B schools.
- They are Cardiff School of Management, UK, IIM-Indore, and Universal Business School, Mumbai.
- In this program, you will be able to learn from these big institutions, especially IIM’s.
- You will also be getting good global exposure.
- The curriculum of the college will be the British curriculum and all these programs will develop your skills and will help you in your career development.
The executive program of IBS Hyderabad is also very good. There are several other institutes offering executive MBA programs where you can research and choose the best option.
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