[RINKU]

Originally Posted by the STIFFmaester

PS: Rinku that number you have quoted is also worng. I am NOT going to tell you how many ppl who got B and C and not A decided to go to B, coz that i snot my style. All I can tell you is pls check with your seniors as to the correct numbers. Then decide for yourself. As this is a public forum, I am not going to quote any numbers on this.

friend
you have wrongly interpreted my statement ,

SAY there are 100 student who get the calls from B AND C and not from A

my question is how many chooses IIM C as their final option ?????

CIAO

rinku

[lazyone]

A few points:

There are 3 IIMs which constitute the creme de la creme B schools in India. All 3 want the best of the best to join them. There will be posts trying to bash the other schools. All i'd like to say is that there are always 2 sides to the coin, get info from students of both B Schools before you make a choice. Dont get swayed by any negative propganda lest u regret it.

[the STIFFmaester]

hey rinku

sorry i thot u had said that 100 plp had taken C over B.
Again I am sorry but I cant send u that number on this forum, for reasons of decency.
I will PM u that number. Hope that it will be of help. But I would also advice u to talk to seniors and ask them for fundae on all the instis. All these B schools have their strengths and weaknesses. Find out from ur seniors and make an informed decision. If you do get multiple offers, and I wish u all the best for that, then the freshers party that these instis will hold will be a good place to get your doubts clarified.
Will send u statistics soon

Take care
Nikhil

[MS]

Hi Guys,

Once more the B vs C debate :

I guess it is time to be frank ...

An elaborate post from guys from IIMC and IIMB too but then what did it establish?

choosing among them is something that really is NOT going to make a difference in your chances of going to Wall Street...we talk about our foreign offers and blah blah blah but from outside you dont know anything about how competitive it is to get one...

Lets Start with the Summers:

1) I Banking :

Firstly lets give the credit to the place reps at ABC who work exceptionally hard to keep really big names keep coming again and again...you have to see it to believe there commitment. Thanks guys.

Getting to the point:
You need to have a "tailor made" resume star studded with past achievements even to get a shortlist for interviews...and then it is not IIMA/B/C that does the trick but YOU..those guys know talent when they see one...the difficult part is the shortlist...if you dont have a grt resume already you cant do much in 3 months at IIM to make that cut...your CG does not count and please gimme a break if someone wanna say that people seriously flirt with extracurrics in the first few months...in short summers is decided by your BACKGROUND rather than the ABC...numbers from three institutes mostly just reflect the profile of the batch... if you put 300 equally good guys as IIMB at IIMC...people will take more from IIMC..its simple math...nothing to brag about until you get down to percentages...

2) Foreign Summers and All the Day Zero/Day one count:

For an average guy like me a summers at an IBank is a long shot...no shortlists you see..its essentially the same set of 20-30 people who make the shortlist...dont even think that a HSBC will dilute its shortlist if it knows the GS is coming too..they really are not that desperate! So what next, obviously a foreign summers gives you a lot of exposure...so please dont demean a DPWN and Technofast just because they are not IBanks...seriously it sounds silly when we brag about IBanks and NONE of us have much idea what goes inside one...Summers are for experience and Foreign Summers is always special...paid trip..perks..what else do you want?

3) So what do the lower mortals do:

In any IIM you are never "Day Zero Job secure" - PPO'S are different- but then as i have mentioned PPO'S come from summers and summers from sexy resumes..so for those studs its just a preponement...they dont take anything away from you...

For the rest of us it is HARD WORK and LUCK for two years...so the bottomline is if you want to go to an IIM to get rich and famous, grab a mckinsey or a ML you better be prepared to compete...an IIMA/B/C is not going to make it any easier for you...checking these numbers and drawing conclusions from it do not work in my logic as all an IIM can do is give you a channel to loads of companies...maybe A has access to 3-4 more companies than we do at the TOP of the pyramid...it accounts for 10-15 extra jobs for the best guys...and at any IIM if you are worthy of being the best you dont need these finer shades of ABC to grab the best of jobs...

choose a place that has the culture where you can be yourself and give your best...becuase in the end if you dont compete at your best believe me an IIM X cant do a damn bit extra for you.

I have been away from the numbers as i dont think they reflect anything...in the end it will be you versus the interviewer for your dream job...an IIMABC wont matter in that room...your growth during the MBA program will..choose the campus that helps you grow the most and then you will be content.

Mohit

[rajeev_r]

Hear Hear Mohit...
thts the best post so far on an otherwise inflammable topic....

He's right guys...ultimately the only thing that matters is you and your resume, and how you perform, not whether u r from B or C or Z or x or anything.

------
r.

[nikhilgurjar]

Hi!

I am new to these forums, so will just introduce myself. I am Nikhil Gurjar, from IIM B Class of 2005. Like many of my batchmates, I had multiple calls, and was in exactly this same dilemma - B v/s C

I chose B, and honestly am very happy about the life I have had here. Nikhil and Kunal have already addressed the placements issue, so I'll focus on other things. I'll try to be as objective as I can, since the decision you make is vital for you, and I do not want to lose face when you come here and find that I made outlandish claims, or indluge in arbit mudslinging. Its just not the way we operate here at IIM B!

1) Course Cost: IIM Cal is cheaper for the course by about 40k, as compared to IIM B's 3 Lakhs.

2) Placements : Well frankly, there is little to distinguish IIM B v C in terms of placements. If it is international placements you are looking for, remember that you will be competing with an equally competent grouping, so the percentage of the batch placed abroad is more important that the total number of offers, if these are high enough. Thus, while IIM B had some 23% of its batch placed with foreign offers, you can work out the math for IIM A and C and compare. Chances are, we might have done better.

Also, bear in mind that IIM B is setting up a campus at Singapore for its Executive education program (google search n you will get the news ). How can I be so sure - my IBP roject was based on IIM B entry strategy in Singapore. So, by the time you become eligible for final placements, you will have a lot more opportunities in Singapore (one of the two finance hubs in SE Asia), if you are still interested!

Finally, while you look at final placements, do not overlook the fact that the summer placement process typically stretches on for 2-3 months, with a few people being left behind till mid Jan or even as late as mid Feb to get placed. It is very stressful and confidence shattering to be one of those people. At IIM B though, my batch (class of 2005) and the current batch (class of 2006) both got placed in 3 days flat for summers. No mean achievement, considering that no other IIM has managed this in all these years.

3) Mindsets : However much placements and I banks and dollar salaries attract you, remember that it is more important to understand what you are good at and enter that stream. I entered IIM B focussed on a treasury management job, but over a perios of two years, I have learnt that I suck at finance while I am good at marketing. It is quite possible for you to feel the same way after your two year. So do not let the type of companies coming for recruitments bother you.

4) Campus life : IIM B has arguably the best campus life in the IIMs. Our cultural festival Unmaad is the biggest b-school fest in this country, and 4th biggest overall. We also have Yamini - an all night classical music and dance festival organised by the SPICMACAY chapter of IIM B. We also have other clubs for Finance, marketing, entrepreneurship, Social service, Retail etc. Students from the club managed to up turnover by around 12 Times last year based on various initiatives. Most of these clubs (except the retail club) are also there at IIM C (My roommate in summers was from IIM C and we had gone thru this very thing last year on other forums!!)

In terms of sports and parties, we have an annual IIM B - IIM K sports tournament (IIM Cal has IIM C - XLRI meet) as well as inter hostel, inter section and faculty -student matches. We also have our famed L Square parties every fortnight, sometimes more often.

5) Exchange and IBP : While the exchange program is there in other IIMs, IBP (International Business in Practice) is unique to IIM B. It entails project work in Singapore/Thailand for two weeks with corporates. I learnt a lot from my project. Incidentally, it would surprise you to know that in Singapore financial circles, the IIM brand is seen as a whole and not differentiated between A B and C, so in the long run, it might not matter whether you are from B or C, or L I or K even. As Kunal mentioned earlier, there are 80 odd seats available for exchange, while the IBP program is being increased to another 80 this year (not confirmed as yet though). If that happens, almost 80-85% of the incoming batch (around 260 expected) to get international exposure.

6) City: Finally, I come to the city. Remember this - while you will have a great time on campus (and this may be tru across IIMs), Bangalore is a lot more of a happening city that Calcutta is. The weather is awesome, and the nightlife and restaurant options are amazing.

Friends, the decision is yours. Remember this, if your profile is what an I bank is looking for, you will still land that job, be you in A, B or C. Whatever you choose, please make sure you do sift through all the propaganda to get the real facts. Also, be sure of one thing - these will be the last two years of your college - so do keep that in mind and enjoy maadi!

If you have any more doubts, feel free to mail in.

[TheOnlyOne]

Originally Posted by the STIFFmaester

54 foriegn offers at IIMC v/s 43 at IIMB.... wont dispute that. But 54 offers for 260 students at IIMC and 43 offers for 185 students at IIMB. Now calculate percentages and decide for yourself.

You really belive that foriegn ofers depend upon the class strength and its the percentage that matters?? If you go by that logic then well no point ... IITs rule, with 15 in 50 offers, they would beat any %age data.
Foreign offers are mostly made in Slot 0 when whole of the batch is free. So companies wont say that okay this insti has smaller batch so we wont give then any more offers !! Evryone wud be willing to get a foreign summers provided they get 1.

yes, IFC doen not come to IIMB. I am so sorry all ye IIM hopefuls. If that is going to be the decideing factor, be my guest and choose another insti, but for heavens sake go through my post and see that all the other crap posted is just that ... CRAP !!!!

Strong words that you have used in a public forum, its not just IFC. What about GAP???????? ANd what about Gartmore Hedge Funds?????

Private Equity firms are one notch above I Banks. I hope that people agree that coming of GAP marks a new era in Indian B-School scene. The overall strength of employee in all the private euity firms across globe is approx 3000. The earnings of employee are multiple times that of an I Bankers. And almost all top people in I Banks try to switch to these firms, but competition so stiff and so limited no makes it very very difficult.

And yes, you also never said anything about 1st time a Hedge Fund coming to any B-Schhol??

Nikhil, how can you say that B has the most vibrant Campus life?? I will go and say that for C too and subjective as it is, how can you justify? Plz dont make suce vague statements.


And as far as Echange program is concerned, we have 78 seats. Not many people want to expend that much for an foreign exposure + Some course taught in 5th (when people go to excahnge) sem here at C are so damn good, specially in finanace, that not many ppl want to miss that and go to a foriegn school



Well I would say so far MS's post was a bit more decent specially those things about hard work and Luck. Trust me, bigger than the decision btw A B C its these two things that matter.

[the STIFFmaester]

You really belive that foriegn ofers depend upon the class strength and its the percentage that matters?? If you go by that logic then well no point ... IITs rule, with 15 in 50 offers, they would beat any %age data.
Foreign offers are mostly made in Slot 0 when whole of the batch is free. So companies wont say that okay this insti has smaller batch so we wont give then any more offers !! Evryone wud be willing to get a foreign summers provided they get 1.

Yes, when a batch has an intake of 260 students as against 185 there is a possibility that there are more than 43 students who fit the day 0 profile. And for a batch of 185 students which is SIGNIFICANTLY lesser than 260, having 43 people with day 0 profiles is bloody damn good. If yiou will remember clearly, I wasnt the first to come out and say that 43 day 0 offers makes 1 institute inferior to an istitute with 54 offers for 260 students. But the issue having come up in such an uncouth manner, YES I do beieve that having 43 day 0ers from a small size of 185 is damn good. You are from IIMC right? Well think about this. Arent there those bunch of guys who look just so bloody damn good on their resume that they cannot be refused a day 0 ? Isnt it true that there are a bunch of guys who have an impeccable academic record over 20 odd years and they fit the typical day 0 profile ?And think about this then, isnt it commendable that an institute of 185 students has 43 such people ? Yes the whole batch is available on day 0 for placement, and yes the company wont say that this is a small batch so we wont give them too many offers. But even if the whole batch is available, its these "studs", as Mohit Singh put it, who really bag these I Banks and Consults. And i say again, to have 43 such studs out of 185 is bloody commendable. Hence the percentage argument.

Strong words that you have used in a public forum, its not just IFC. What about GAP???????? ANd what about Gartmore Hedge Funds?????

Strong words ... YES. Coz strong lies (about Lehman Hk, Barclays London and HSBC India not visiting IIMB) deserves strong words to refute them.
Yes you guys have IFC. You guys have Gartmore, You guys have GAP. And with no sarcasm intended, I think its a great thing for IIMC students. But does their presence give you guys so much arrogance that you will make such a strong post on a public forum trashing another institute? Does the fact that these 3 companies come to IIMC make you so much superior to another institute. We have the baap of Investment Banking Goldman Sachs coming to IIMB, but we see no reason to sight that as a sign of any superiority. And that is why you have not seen any post from an IIMB student trashing another institute.

You actually say that we are desparate enough to put DPWN on day 0 coz we want parity with IIMC. Well if you can sight Gartmore and IFC as you achievements, than Im sorry but nothing prevents us from feeling that an International Consultancy has recruited 4 students from IIMB for their Germany and London offices, and thrown in a fully paid scholarship to an exchange program for Germany as well, is one of our strong achievements.

I will buy your argument that IIMC has a vibrant student life and a good exchange program. And what differnetiates your post from the previos one trashing IIMB is the fact that you have sighted these 2 aspects as your strengths and not gone about trashing IIMB in it. Neither I nor any of my collegues at IIMB will have anything to say if you choose to highlight your achievements like GAP, IFC, student life, etc. But there is a way to say it. You dont go around trashing another institute to proove your point, especially when your point(as was made in the post by nemesis) is riddled with lies, such as Barclays London and HSBC India not recruiting in IIMB.

If you have any strenghts of IIMC to highlight on PG.com, as I am sure you will, there is a way to do it. And trashing IIMB to emphasize your achievements lacks decency.

Hope this cleared a few things. And I look forward to a more civil discussion on what each B-School has to offer its students. Coz only such an unbiased discussion will add any value to the CAt aspirants coming here to look for clarifications.

Thank You

Nikhil

[nikhilgurjar]

Originally Posted by TheOnlyOne

Nikhil, how can you say that B has the most vibrant Campus life?? I will go and say that for C too and subjective as it is, how can you justify? Plz dont make suce vague statements.


And as far as Echange program is concerned, we have 78 seats. Not many people want to expend that much for an foreign exposure + Some course taught in 5th (when people go to excahnge) sem here at C are so damn good, specially in finanace, that not many ppl want to miss that and go to a foriegn school

I guess that would be a fair assessment. I was only trying to give a flavour of the kind of things we do on campus - that's why even in my last paragraph I acknowledged the fact that campus life would be great across IIMs.

As far as the exchange thing is concerned, I only wanted to highlight the fact that if it is international exposure you desire, we have a great exchange program, adn for those who cannot afford it, we also have the IBP which is a whole lot cheaper and is between terms, so that you do not miss out on some subjects in term 5.

And lastly, I would like to point out that even in a post highlighting B, no where have I or my classmates trashed your institute or any other IIM for that matter. I repeat once more: Outside India (or at least in Singapore) the IIM is seen as an umbrella brand. Lets not be petty and trash our own collective brand by lying to candidates on important issues (a la Mr Nemesis).

If we really wanted to indulge in mudslinging, we would have published numbers of common calls taking B over C for the past few years, but we didnt. As I said, at IIM B we believe in letting our strengths speak for ourselves. As Nikhil (Stiffmaester) has said, lets have a rational debate with each side showcasing its strengths, wihout trashing the other or lying about things.

[bonzibuddy]

Refering to Stiffmaester's 1st post can it be stated regarding Slot 0 .... both IIM B and C agree to the following points...


1. General Atlantic Partner(GAP) visisted only IIM C

2. IFC (World Bank) only at IIM C

3. Gratmore Hedge Funds also visited only at IIM C

In I Banking:

4. ING Invetment Banking - NY, visited IIM C only

5. Lehmann: NY, London, Tokyo and HK all visit C and A, while in B London Does not goes. ALso NY visited B for the first time and that too through Video COnfrencing.

6.Merill Lynch : Treated as equal to GS, It visited C & A and not B

7. JP Morgan: Both London and HK visit C & A while only London went to B.

8. GS visited B & A and not C

9. DPWN visited only B


The point is that beyond Slot1, where in mostly indian companies come not much of differemce exist asand for Indian companies A, B & C are as big as it can get. It's for international companies that the difference lies.

And is it just the profiles that matters?/ Do you think that all gr8 profile ppl get placed in slot 0. Doesnt the no of companies/desks also matters?? Isntthere something called recruitment needs?? Common Sense?? Plz donttell me that 43/%$ offers would have been there even even 1/2 lesser slot 0 companies would have came. In that case why call more comapnies???

Inbringing new companies to the campus the most that matters, and I hope ppl wud agrre, is the alumni strength. IIM A & C have a clear start in this respect of 17yrs over B, same way as B has over L and L has over K & I. Its the alumni who drives the recruitment.

Its irrelevent to say that the people or better in one place and not at other. Yes the institute wise culture/trends does makes a difference.

Originally Posted by the STIFFmaester

1. Lehman NY, Tokyo AND Hong Kong visit IIMB. London does not. But Hong Kong DOES !!!!

9. Yes, IFC doen not come to IIMB. I am so sorry all ye IIM hopefuls. If that is going to be the decideing factor, be my guest and choose another insti, but for heavens sake go through my post and see that all the other crap posted is just that ... CRAP !!!!