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There is no concession for SC/ST students in IIM A, B and C. But this is not a major issue.
IIMs offer a lot of financial aid services to financially weak people. In some cases, the entire fee is paid by the college or some part. It depends on the judgment of the panel on the basis of your situation.
All IIMs offer educational loans at a relatively low interest rate. Banks usually consider IIM students as a profitable investment. So rather than worrying about the money, focus more on your goals.
Some of my friends studied at IIM Bangalore. Like any other IIM, this institute is a bit costly. Also being among the top IIMs costs a little more.
The fees for the batch 2020-22 are said to be standing around 25 lakhs if not more. This includes Tuition fees, Library charges, Internet charges, course materials, Case permission royalties, Hostel room rent and service charges, Personal Accident Insurance, Alumni Activity, and Medical insurance.
The above-mentioned fee excludes Service Tax and any such kind of taxes. These taxes are applicable by law and are collected from the students at the prescribed rates.
Moreover a fee of Rs. 20,000 is collected as caution fees and as a security and an amount of Rs. 30,000 is to be paid each term in advance.
Many excellent courses are available at IIM Bangalore. However, most of them are elective courses, and you must compromise based on your domain interest.
Prof. Mulky's Research and Marketing Decisions
Prof. Ramesh Venkateswaran's Product Strategy and Marketing
Prof. Anshuman Tripathy's Technology and Operations Strategy
Pranav Garg and R Srinivasan teach Strategy Courses. R Srinivasan teaches Platform Business Models for PGP.
Chetan Subramanian's Economics
You may not be able to enroll in all of your desired courses. All of the professors are unquestionably proficient in their fields, with only a few of them incredibly exceptional. So, whatever courses you take, enjoy them and learn from them.
IIM Bangalore offers three main programs. Which are as follows.
Out of these three programs, the flagship programs of the institute are PGP and EPGP. All these programs have various specializations to choose from and study. The best course to take in IIM Bangalore depends upon your academic background, interest, tenure of course, and the most important is your work experience.
If you have less than four years of work experience, a PGP of two years will be the best choice. If it is more than four years, and EPGP of one year will be more suitable. However, if your work experience is more than six years and you have completed your master’s degree or equivalent in any discipline, FPM is the best course.
Overall, the choice depends upon you.
ISB Hyderabad is known for its lack of specialization in Finance. It’s a common understanding now that even if one is preferring ISB Hyderabad for admission, they know that they should go for anything but Finance. Studying some aspects will give you a deeper insight as to why MBA in Finance from ISB Hyderabad is not recommended.
Faculty: Although the visiting faculty is quite decent, it’s the domestic faculty that has ruined the culture at ISB. They are arrogant, pathetic, and extremely incapable. They insult the students regularly and disturb student-teacher relations.
Placements: The roles offered in Finance were below average like Operations, Sales, and BD roles. Such roles were offered in abundance by the banks or start-ups. However, the superior roles like IB/PE/VC/M&A/FP&A/Equity Research/Credit Rating/Asset Management/TAS were offered scarcely. For instance
So the best roles were offered limitedly while the batch size stood at 900. Most students ended up with unsatisfactory placements. Now you can decide whether or not to join if you are confident to face the placement scenario.
Choosing between IIM and Christ University is not a difficult decision. Without second thoughts, forgo the offer from Christ University and go for IIM Indore. This is because
Particulars |
IIM Indore |
Christ University |
Average CTC |
INR 24.09 LPA |
INR 15 LPA |
Highest CTC |
INR 21.46 LPA |
INR 49 LPA |
Even if both the colleges offer similar packages IIM has a bigger brand image and will help you in the long run.
PPPM or Project Program & Portfolio Management is an excellent short-duration course offered by IIM Bangalore. This executive education program selects only 20 candidates each term. The course is for
The program comprises faculty dinners, case study discussions, case study analyses, discussions about real-life management issues, group presentations, and other problem-solving discussions.
The faculty for this program is extremely supportive and helps you throughout the course.
Both ISB’s CBA and IIM Bangalore’s BAI are vastly different from one another. The following are some of the advantages and disadvantages of both. CBA at ISB:
Pros:
Cons:
IIM B or L:
Pros:
Cons:
If you measure the worth of a degree by its salary, you will never be satisfied, and I recommend that you do not pursue an MBA. Money is only one of many factors to consider before beginning an MBA program. The salary you have is something that most people do not get even after an MBA/Executive MBA; average salary packages range between Rs. 22 and Rs. 25 lakhs. You are already earning twice as much.
If you want to advance your knowledge of business/strategy/finance/organizational behavior and advance to a higher position where you can have a significant impact, an MBA is unquestionably a good option. However, there is no guarantee that you will earn more than 50 lakhs after completing your EMBA. Go for it if you want to learn and are willing to take a pay cut after your MBA. Don't do it if you're only in it for the money. You could invest in the stock market and watch your money double over time. MBA does not magically transform 50 lakhs into 1 crore.
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