While many may discredit IIM Raipur because it is not an old IIM, I will still choose it over IIT Madras DoMS. My preference is based on the following reasons

• IIT is a technical institute and is yet to develop in the Business World. This restricts its bonding with leading B Schools, companies and other committees.
• The crowd is more inclined towards technical education and mostly engineers. Whereas IIM Raipur welcomes a diverse crowd from various professions.
• The overall environment of IIT is not suitable for a Management program. IIM Raipur has laid a perfect environment for the same.
• IIM Raipur renders a perfect ambiance for boosting your business and management skills. Such an opportunity is not there in IIT.

To get a deeper insight into the credibility of IIM Raipur try comparing the companies that visit the campus with that of IIT Madras.

As a potential student, you should be aware of the establishment years of the preferred institutes in Mumbai. The following are the establishment years of the institutes in Mumbai:

• Jamnalal Bajaj Institute of Management Studies - 1965
• WE School - 1977
• S. P. Jain Institute of Management and Research - 1981
• K. J. Somaiya Institute of Management Studies and Research - 1981
• Narsee Monjee Institute of Management Studies - 1981
• Shailesh J. Mehta School of Management - 1995

It is important to note that this list only includes pure B-schools and excludes TISS for Social Sciences (1936) and NITIE for Industrial Engineering (1963).

Establishment year is not necessarily an indicator of the worth or popularity of an institute, as demonstrated by the relatively young Indian School of Business (ISB) which has gained a strong reputation in just 22 years. However, a longer establishment period can provide an institute with a head start, a larger alumni base, and increased brand awareness.

In terms of the admission process, the establishment year of an institute is not a determining factor. This year, the process was the same for all institutes, with students admitted based on their score on the Common Entrance Test (CET). A score of 99.85+ would generally get you into JBIMS, while a score of 99.8 might result in admission to Sydenham. The difference between these scores is negligible and does not necessarily indicate a difference in ability or aptitude.

JBIMS has maintained a strong ranking for a long time and is expected to continue to do so in the future. It is unlikely that Sydenham will surpass JBIMS in terms of ranking. However, if JBIMS were to move away from the CET centralized process, Sydenham would likely become the top institute based on CET scores alone.

There are some differences in the environment and atmosphere at JBIMS versus other MMS offering institutes. JBIMS has a unique reputation, which is partially due to the work of its alumni in the industry, and partially due to the fact that some professors only teach at JBIMS and do not teach at other institutes. As a result, each year, several students from SIMSREE take the CET again in an attempt to get into JBIMS.

Ultimately, what matters most is what you do with your admission to an institute, rather than the institute itself. Getting into JBIMS and not performing well in life is not meaningful. Instead, you should focus on identifying yourself within two years and becoming better than the crowd, regardless of the institute you attend. Whether at JBIMS or Sydenham, you can strive to be at the top of your academic game, take on internships, and pursue certifications to enhance your career prospects. The tag of your institute may matter for a few years, but it is ultimately up to you to make the most of your corporate career.