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Why is IIM Indore not so preferred as IIM Kozhikode even when both were established in the same academic year?
The reason why IIM Kozhikode is given more preference by candidates is due to the size of the batch. The Mumbai campus was started by IIM Indore and the placement process of both institutes is carried out at the same time. Both are among the top ten business schools in India.
The following data shows how the two institutions can go head to head:
| Categories | IIM Kozhikode | IIM Indore |
| Admission Criteria | CAT/GMAT | CAT/GMAT |
| Seats Available | 375 | 450 |
| Average CTC | 18 LPA | 19 LPA |
| Highest CTC | 35 LPA | 34 LPA |
| Top Recruiting Sector | Consulting | Finance |
Notable companies that are regular visitors of IIM Kozhikode and IIM Indore are American Express, ICICI Banks, Bosch, Amazon, Indigo, etc.
What would be better for an above average student interested in finance, IIM Kozhikode or SP Jain?
Both colleges have nearly identical fee structures. Top consulting firms such as Mckinsey, EY, and Frost & Sullivan hire from K but not SP Jain. BCG, Accenture Strategy, PWC, Deloitte, KPMG, PRTM, CBC, and others have all visited both. While consulting firms extended 41% of all offers, the median salary increased by 32.5 percent from 2021 to 2022. Consulting emerged as the top recruiting sector at SPJ, with offers extended to 38% of the 238 participants.
In terms of middle office IBD and Wealth Management roles offered by JP Morgan, Deutsche Bank, Goldman Sachs, Bank of America, and Credit Suisse, K clearly outperforms SPJ. However, SPJain had a better scene in corporate finance, with Mondelez, GE, and Vodafone all offering corp fin. In Corporate Banking/Treasury, the number of companies visiting both is equal, with Citi, Yes Bank, ICICI, Axis, IDFC, IndusInd, and others visiting both. JM Financials and Standard Chartered are two brands that do not hire from K for corp banking. For the first time, Deutsche Bank has hired exclusively from K for their corporate banking role, rather than from SP Jain.
IIM K has provided a variety of finance roles, including middle and front-office investment banking, wealth management, corporate banking, and treasury roles, whereas investment banking and wealth management roles are almost nonexistent in SP Jain. They have a higher proportion of corporate finance positions available.
Going forward, with the expected growth and increasing alumni base, IIM K should be clearly a preferred choice over SP Jain for students aspiring to finance and consulting roles.
Can I become a professor after completing my MBA in Finance from IIM-Kozhikode? I can wait to have some work experience. In which colleges, can I have a chance of becoming a professor?
There are certain sets of procedures that need to be followed to become a professor in Finance or any other field.
- At first, you need to clear the entrance examination for Lectureship in the designated domain.
- After that, find the colleges that have vacancies to teach in that particular domain and get selected for teaching.
Your best available option is to apply for a professor in the university where you have completed your post-graduation. If you were acquainted with the graduate committee, they can recommend you as an assistant professor. It would be better if you start working in the industry related to Financial services as a fresher and gain some work experience. And simultaneously, you can be a visiting lecturer in the colleges that offer MBA Programs.
What will a graduate of SPJIMR/IIM-K/MDI miss out compared to someone graduating from IIM’s A/B/C?
This question can be best answered by someone who has had a taste of both campuses. Fortunately one of my friends was lucky enough to move to IIM Ahmedabad after studying for a year at IIM Kozhikode. He shared his experience and the various things that contrasted in both the B Schools.
Faculty: Being the topmost B School, IIM Ahmedabad does attract some of the best faculties that are experts in their fields. They had too much knowledge and experience to impart making the classes a thrilling experience.
Crowd: While the crowd at almost all the good B Schools attracts only the best, IIM Ahmedabad is famous for its exceptionally good peer groups with only geniuses and masterminds in their respective fields.
Academic rigor: Normally B Schools offer a very hectic life with academic pressure combined with placements and clubs and committee activities. But at IIM Ahmedabad the topmost preference is Academics only. You are required to attend 3 lectures of 75 minutes of case study daily. These case studies are extremely lengthy and on average you are required to read 300 pages every day. Such economic rigor is lacking in the case of IIM Kozhikode.
There are several more minor differences between IIM Kozhikode and IIM Ahmedabad but these 3 are the main things an aspirant needs to consider while choosing one of the two B Schools.
What is the placement status at IIM Kozhikode?
The Placement Reports give a fair view of placements at IIM Kozhikode. As per the latest reports, IIM Kozhikode has wrapped up its summer placements for its 2022 batch of PGP programs with 100% internships. A total of 571 offers were made to 546 students by 116 participating recruiters including 39 new recruiters.
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Highest CTC- INR 61.5 LPA
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Average CTC- INR 29.5 LPA
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Median CTC- INR 26.5 LPA
There were 6 International Job offers from three companies for Growth & Strategy roles at IIM Kozhikode. Other reputed companies that participated in the placement drive are:
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Amazon
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American Express
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Asian Paints
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Bain & Co.
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Bajaj Auto
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Reliance
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Samsung
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TATA Sky
These numbers prove exactly why one should prefer IIM Kozhikode if they want to receive amazing packages.
What is the cutoff required in the CAT exam for the admission of a one-year PGPBL program (PGPM) at IIM Kozhikode?
To get into PGPBL, you must have a high percentile as well as a high profile. You must have excellent academic credentials and a high CAT score, that is more than 98.5, as well as high growth promotions in manufacturing job roles.
They conduct a friendly interview with a few tricky questions about recent news or cases. You are also asked two to three questions about legal quandaries or conflicts of interest. They simply put your confidence and knowledge to the test.
Do hostels of IIM Kozhikode have single or double occupancy?
The hostels of IIM Kozhikode offer both single and double occupancy. The first-year students are randomly assigned to both single and double occupancy based on their availability whereas the second-year students get to choose their own.
Boys-
1st year: Triple sharing with AC
2nd year: Single rooms without AC
Girls-
1st year: Double sharing with AC
2nd year: Double AC or single rooms
All this information is based on the availability of rooms and may change every year.
What is the tentative percentile required to get into IIM Kozhikode? Also what is the placement scenario and salary offered here?
The qualifying CAT cut-off percentile for IIM Kozhikode admission is:
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85 for General
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75 for NC-OBC/EWS
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65 for SC and 55 ST/PwD candidates
The placement scenario at IIM Kozhikode is excellent. The institute has seen a gradual rise in the figures over the past few years. As per the latest reports, IIM Kozhikode has wrapped up its summer placements for its 2022 batch of PGP programs with 100% internships. A total of 571 offers were made to 546 students by 116 participating recruiters including 39 new recruiters.
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Highest CTC- INR 61.5 LPA
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Average CTC- INR 29.5 LPA
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Median CTC- INR 26.5 LPA
The institute was visited by many reputed firms like Amazon, Tata Sky, Samsung, Reliance, etc. The salaries offered are very high.
What are my chances of getting into IIM Kozhikode, with 90 percentile in the CAT if I'm a female OBC fresher engineer hailing from Kozhikode?
To get into IIM Kozhikode, a percentage of atleast 95 is preferable. Being from Kozhikode won’t be of much help.
One major piece of advice to you if you are a fresher is to indulge yourself in extracurricular activities. Get extra certificates through internships or part-time jobs. Paid courses that offer certificates will also be helpful. All this will help you in the GD-Pi process and you're likely to convert your call.
How much percentile do I need to get a call from MDI Gurgaon, IMT Ghaziabad, IIM K, SP Jain, NITIE?
To secure admission to top MBA institutes in India, you should aim for CAT percentiles from 85 onwards. Here's the order of the institutes you should target in descending order - IIM K with 97+ percentile, MDI with 96+, IMT Ghaziabad with 90+, SPJain with 85+, and NITIE with as high as possible sectional-wise.
Even though SPJain is a premier institute, it gives a call from the 85 percentile onward, since they focus on overall values that an individual possesses and want students with more values in them. They have 2 group interviews, so they follow a rejection procedure.
NITIE has a sectional cutoff, so it's advisable to have as high as possible sectional-wise, as many people with an overall CAT percentile in the range of 97-98 were not selected in either of their 2 programs(PGDM and PGDIESM) in 2016.
IIM K also has a sectional cutoff of 90+, so it's important to score well in each section.
It's worth noting that these institutes do not have a sectional cutoff, but it's always advisable to have a 90+ sectional percentile to be on the safer side. Aim for high percentile and sectional scores to improve your chances of securing a seat in these prestigious institutes.
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