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Will an MBA from IIM Ahmedabad provide as much value as one from Harvard/ Stanford/ MIT?

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Gaurav Yadav Posted On : December 22nd, 2022
CEO & Founder at ReachIvy (2011–present)

When you compare Harvard to IIM, you are comparing the Indian education system to the education system in other countries. There are three major differences, which are all listed below:

1. Diversity or Familiarity

Harvard: Harvard will expose you to a more multicultural environment. You'll be part of a campus teeming with students and professors from all over the world, representing a diverse range of countries, nationalities, and cultures. You'll learn about different traditions and lifestyles, understand and appreciate differences, be able to relate to your international peers, and discover a connection to your roots.

IIM: While you won't have as much global diversity as a study abroad program, your classroom may be filled with students from all over India. The transition to college life will be easier because you'll be surrounded by a familiar environment and peers who share your cultural and traditional values.


2. Self-Learning or Teacher-Guided Learning

Harvard: Prepare to experience a completely new learning style and academic rigor. Harvard has created an all-encompassing curriculum that emphasizes continuous learning, interactive teaching, extensive research, self-study, collaborative enterprise, classroom presentation, excursions, and exchange programs. Assessment and evaluation tools include a wide variety of mediums such as pop quizzes, project work, essays, seminars, class participation, project work, and so on. The curriculum encourages more student participation and initiative, with professors serving as facilitators. Because Harvard invented the case study method, the faculty members are experts in delivering it.

IIM: The lecture-based system centered on teachers and exams at the end of each semester is the foundation of the Indian curriculum. It is not a continuous learning method, which could be ideal for students who excel in this learning environment or want to pursue other interests after college, such as CA preparation or working in the family business. Many institutions, including IIM, are incorporating international pedagogical approaches to empower students to take greater ownership of their education.

3. Academic Flexibility or a Professionally Focused Program

Harvard: Your college experience at Harvard is very different from your experience at an Indian college. You can take more initiative in designing your course around your learning objectives. You can even change your major if you meet the requirements of the department. You can also double major, which means you can earn two degrees in two different academic fields.

IIM: You must complete a college-prescribed course within a specific program timeline. Courses are more subject-specific or designed to meet specific professions' requirements. For example, if you are studying Maths, you cannot choose Dance as an elective but must instead study Statistics, Physics, or a related field of study because the course syllabus limits your options. It allows you to specialize in your field while remaining focused on your professional objectives. Furthermore, IIM offers a PGDM degree rather than an MBA. The IIMs intend to offer an MBA degree rather than a PGDM degree in the near future.

When deciding between colleges in India and abroad, keep your priorities, strengths, and objectives in mind. Studying abroad will have a different impact on you than studying in your own country. It is entirely up to you how you want to maximize the opportunities that each presents. You must analyze your needs, do your homework, consult with family and friends, and think deeply; you'll undoubtedly choose the best option for you.

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I have taken admission in statistics honours at Ramjas College. Should I change to Kirori Mal College? Which is better?

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Rishi Nair Posted On : January 21st, 2022
Hindu College, University of Delhi (2019)

For statistics, Kirori Mal College (KMC) is better than Ramjas College. Even if Ramjas has a better faculty for Statistics, still it is suggested that you go for KMC. 

KMC has a much better student crowd, better placement opportunities and a decent infrastructure. Keeping all this in mind, KMC will be a better choice.

Actually, both the colleges are at par if you are considering statistics as a course. KMC has better infrastructure and a better feel as a college campus. Placements are better in KMC. Ramjas has the best faculty in statistics with ND Vohra as HOD. Most of the students study his books which are also suggested by DU. The faculty of KMC is not that great if you compare it to that of Ramjas. 

But overall considering every point, KMC will prove to be a better choice than Ramjas for statistics, as it will provide the proper placements and exposure.

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Should I do a BBE from Delhi University or bachelors in economics from Delhi School of Economics?

CS
Citra Sinha Posted On : July 15th, 2022
Studied at Delhi School of Economics

DSE doesn’t offer bachelor's in Economics. However, most other colleges under DU offer BA in Economics. 

BBE is a more professional course and focuses on the application in business scenarios. While BA Eco covers the theoretical aspects of Economics. If you want a career in academics or want to pursue research in the field, BA Eco will be the right choice. 

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What should I take: ECE in NIT Jalandhar or electrical/mechanical in PEC Chandigarh?

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Sagardeep Posted On : January 5th, 2023
Former Trainee Decision Scientist at Mu Sigma (company) (2019–2020)

You should choose ECE in NIT Jalandhar over Electrical/Mechanical in PEC Chandigarh. NIT is not an NIT solely because of the label. If you are perplexed, come to campus. You will be so taken with the campus that you will forget about the other factors.

There will be numerous opportunities available to you. Companies come to the NIT J campus all year. Even if you are an average performer with the ability to express yourself, you will have no trouble finding work. Aside from small events held every other week, NIT J hosts two National level Fests each year, which will allow you to explore your technical, managerial, and artistic sides.

People are caring and giving. Mech is a challenging but rewarding department; you will enjoy your time here. The only thing keeping NIT J down right now is that it is relatively new, so it has a smaller alumni base, but it is rapidly growing. Finally, NIT Jalandhar is preferred over PEC.

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Which is better for finance, Lal Bahadur Shastri or Fore School of Management? Is it worth it to take admission in LBSIM?

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Shivangi Chaudhary Posted On : July 22nd, 2021
Studying B.Com from Zakir Hussain College, Delhi University (2019).

If you look at FORE’s prior placement statistics, you'll notice that even before they started this new PGDM in Financial Management, they were a good pick for the financial sector, finance businesses, and overall BFSI.

  • Until a few years ago, LBSIM was an excellent venue for PGDM Finance. However, some of the best faculty members have left LBSIM.
  • When compared to other institutes in its category, LBSIM offers cutting-edge infrastructure and possibly the best finance faculty.
  • It offers a tough curriculum, and recruiters come in with core finance profiles; on top of that, LBSIM has a higher return on investment.
  • FORE is a good school as well, but why pay more for similar opportunities.
Particulars LBSIM FORE
Fees 11.67 lakh 15.98 lakh
Top recruiters Asian Paints, Nestle, Hindustan, Bacardi, TATA Motors, Hero, Whirlpool, HDFC, etc Microsoft, Capgemini, Razorpay, HCL Technologies, LT Foods, Blackstone and Hindware, etc
Placement rate 97% 100%
Average salary package 10.6 LPA 9.2 LPA
Highest salary package 30 LPA 32 LPA

Just remember that it’s all about your career opportunities so think wisely and then make any decision.

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My Brother got a call from IIM Nagpur and Jamnalal Bajaj for MBA. What should he do?

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Alapon Mitra Posted On : March 30th, 2022
studied at Jamnalal Bajaj Institute of Management Studies

Your brother should choose Jamnalal Bajaj for MBA. JBIMS follows a better pedagogy for MBA. It is an old reputed management institute with a large alumni base. You can get a lot of advantages from their strong alumni network. The institute has a decent placement record. During the 2021 placement drive, the mean CTC offered to students was INR 23.16 LPA. 

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Which college is better among JSS Noida and MAIT Delhi?

MR
Mohona Roy Posted On : September 19th, 2020
B.Tech from JSS Academy Of Technical Education, Noida (2017)

JSS Noida is ranked 265 among top Indian colleges by NIRF. Whereas, MAIT Delhi It is ranked 251 by NIRF

Campus:

JSS Noida:

With the campus spread across 28 acres, JSS Noida has an amazing infrastructure, well-equipped labs with air conditioner, wifi, canteen, a library with more than 84,000 books, hostel facilities separate for boys and girls.

MAIT Delhi:

MAIT campus is spread across 10 acres, with 9 blocks each designated for different branches. Labs of all branches are well equipped with modern learning equipment. Hostels are available separately for boys and girls with mess and wifi facilities.

Admission cutoffs:

JSS Noida: It offers 28+ courses. Popular programs include MBA, B.tech, M.tech, M.pharma. The admission process is purely based on the UPSEE merit list.

MAIT Delhi: It offers 17 courses with popular courses being an MBA and B.tech.

  • For admission in MAIT(B.tech courses), one has to secure a place in the top 500 ranks in the IPU CET exam or must have JEE Main rank falling under 27,611.

  • To get admitted for MBA courses, the CAT entrance exam must be cleared by the applicant.

Placement statistics:

JSS Noida:

  • JSS Noida has a placement rate of 90%.

  • Around 200 companies take part in the campus recruitment process. Top recruiters include Microsoft, Aricent, CISCO, Amazon, DELL, IBM, Intel. Samsung, Mahindra.

  • 400-500 students get placed every year.

  • The average CTC offered in 2019 was 4.5 LPA and the highest CTC offered was 16LPA.

MAIT Delhi:

  • 150+ companies participate in the recruitment process every year. Top recruiters include Amazon, Expedia, IBM, TCS.

  • 80% of the students get placed at top companies with an average salary of 4.95 LPA.

  • The highest domestic CTC offered was 28 LPA by Amazon in 2019.

  • 500+ students were recruited on campus in 2019.

Both the institutes give amazing student experience and satisfaction. Aspirants must decide about which is best for them by going through given parameters.

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What is a better option between IIM Ahmedabad and FMS Delhi given that I have no financial help from my parents?

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Prakhar Sahu Posted On : December 13th, 2022
MBA in Management, Indian Institute of Management, Ahmedabad (Graduated 2017)

Financially speaking, FMS Delhi is a better option. The fees are extremely low compared to most other B Schools. The low fees do not compromise the quality of education here. But the accommodation and other expenses are high in Delhi. So the best option is to get a hostel in DU. But if you are okay with below-average rooms then rooms are available near FMS in the Malka Ganj area. They cost around INR 4000-7000.

If you go for IIM Ahmedabad, the scholarships and student loans will help you a lot. They will cover your tuition and hostel fees and will have to just pay your personal expenses (10k-15k in PG). One won’t regret investing in IIM Ahmedabad in the long run. But the ultimate choice is yours.

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What should I choose mechanical engineering at top 3 nits or CSE at NIT Jalandhar?

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Harsh Anurag Posted On : December 5th, 2022
B.Tech in Electronics and Communication Engineering, National Institutes of Technology (NITs) (Graduated 2020)

Students these days focus more on placements than general potential development. They rank branches on the basis of the placement opportunities they render. But this viewpoint is totally unfair.

Recent years have seen a drastic change in interest from Mechanical Engineering to CSE. People prefer sitting in front of the computer for the rest of their lives just to earn better than Mechanical Engineers.

My advice in this regard is that you should go for Mechanical Engineering at the top 3 NITs over CSE at NIT Jalandhar. Else choose CSE only if you are crazy about coding.

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Out of BIMTECH, Jaipuria, IILM which one's better?

AB
Akriti Banerjee Posted On : May 16th, 2023
lives in New Delhi

BIMTECH is a 34-year-old private b-school located in Greater Noida for MBA aspirants. The college is backed by the legendary Birla Group. BIMTECH is largely preferred over other colleges in the same bracket by the aspirants for its beautiful fully-residential campus that distinguishes it from other B-schools in the same league.

Established in 2004, Jaipuria Institute of Management (JIM), Noida has completed almost 20 years of excellence in management education. JIM is ranked 28th amongst Private B-Schools in India by CSR-GHRDC, 2022, and 51st amongst all Management Institutes of India by NIRF rankings of 2022. 

Jaipuria Noida offers flagship two-year full-time AICTE Approved, NBA accredited and AIU-recognised PGDM programs (PGDM, PGDM (SM), and PGDM (MARKETING) and Doctoral level Fellow Program in Management.

IILM Institute for Higher Education, established in 1993, offers PGDM courses. The college has been ranked 120 in the NIRF rankings for 2022 and 11th Best Indian B-school in Eduniversal rankings. It has other two branches in Delhi-NCR which offer degrees in other streams and courses.

The table below shows the placement packages of all three institutions:

Particulars

Highest Package 2022

Average package 2022

BIMTECH

18 Lakhs

9.38 Lakhs

JIM

19.18 Lakhs

11.49 Lakhs

IILM

18 Lakhs

7.5 Lakhs

BIMTECH seems to be the better choice among the three options as it has a better placement record and a legacy of being a 34-year-old institute with an amazing alumni base.

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