IMT-Ghaziabad! plzz show the real picture!!

[bingo]

Hey all
been watching this thread for quite some time now , was wondering when the frictions gona start coz all these threads finally lead to that .... anyways, raj and lazardo.....chill guys, before it becomes another of those controversy threads.....
I have visited IMT last year and personally have two friends out there other than nikhil lazardo. Im not sure of the admission process coz i did hear that there might be some discrepency...not very sure and would not wana state wrong facts without knowing the truth.............but ya, placements wise, IMT is doing fine. They do get quite a few similer companies that most good schools get and do have a good placement track record(but frankly, im not sure of their differential policy though......maybe nikhil lazardo can tell us about that). The two IMT guys i interacted with are as good, if not better than other bschool grads ive come accross. And ya, Mr T.P.Ghosh, probably the biggest name across any campus when it comes to Fin Profs, taught at IMT before coming down here. So be it faculty, placements or students, IMT has held its own for quite some time now. My only request to future aspirants, when you are choosing ur school, u would come across a lot of people who are there to feed you with enuf rumours, its upto u how ur gona validate the same and make a wise choice.
May peace rule the world
bingo

[agoondoo]

hi.. any body knows the contact of Mr Sukant Gupta of IMT Ghaziabad ?.. Pls let me know.. he was my colleague at L&T. he is from IIT roorkee..chemical topper..

[nfunguy]

Hi Junta
Just to make things a bit easier for you guys.
Let me first tell you that while IMT is my alma mater, years of industry experience has taught me not to be unduely patriotic about one's institute & not to bicker about who is better by an inch or not.

I understand that you ppl would be anxious....so a few things to help you.

(1) How is IMT has a Business "school" where knowledge is created & disseminated?
Ans. Mediocre , IMTians are not focussed on academics, it's a better B-school for co-curriculars.

(2)How is the management?
Ans. Pathetic, literally. Kamalnath (the Chairman) is a hardcore politico and he is least interested in the day-to-day management of the institute. He just sees it as a money making machine. To give you some facts---three directors were chopped & changed in the last three years. Extraordinary faculty like T.P. Ghosh (one of India's best finance profs) left IMT for MDI. IMT has become a teaching shop openining plethora of courses.

(3) How is the faculty?
Ans. If you leave apart IIMs, XLRI, FMS & MDI...i am certain that IMT has better faculty than all others, at least in terms of number of permanent faculty & qualifications.

Most Mumbai/Pune B-Schools operate solely on a visiting faculty model..and I doubt the integrity of academic rigour if too many subjects are taken by visiting faculty. It is true that industry professionals do bring in fresh insights but nothing beats the permanent faculty system, Thats why IIMs and all US B-schools have a large number of permanent faculty.

(4) Whats are the weaknesses of IMT?
Ans :
(a) Bad top management, focussed on making money. Too much bickering & lobbying .
(b) Non-transparent admission process. Too many people get through using Kamalnath's political connections or by giving "money". IMT is not transaprent about the number of people who get through by these means..but my guess will be its around 25-30% of the batch & not more.
(c) IMT lacks academic rigour becoz of its heterogenous batch composition. Many of these "contact -entries" (PAUA in IMT lingo) actually spoil the academic rigour.

(5) What are the strengths of IMT?

Ans.
(a)Placements ..dost..placements!!! I have no doubts in stating that while MDI is a much better academic B-school, it is barely as good as IMT when it comes to placements.

(b)Lack of mangement control is actually a boon for IMTians....Everything is (and can be)controlled by students..and thats where you learn "real life management". You just have to take a look at the students placement commitee to figure out that how good the guys really are.
(c) IMTians are actually very strong in co-curriculars like B-school fests, case competitions etc. Even during our times we used to beat IIM teams regularly, though those guys were really "better" in acads & fundas. Call it the well known "street smartness" of IMTians
(d) Uncannily IMTians do much better relatively in the industry than their institute actually is. Apart from IIM/XL..show me how many high profile CEOs you get from alumni of other B-schools. While a lot of grooming up happens due to other factors, I have no doubt in saying that our weaknesses is our strength. I have never seen a rating in Business Today of 25 best young executives where there is no IMTian. But unfortuantely I never see an MDI /IIFT/SPJain guy ..institutes which are definitely better than IMT.
(e) I can say this with conviction--take infrastructure, placements & faculty--IMT is No. 8 or 9 in the country....take other parameters it is barely in the top 15.

4. How would you rate IMT with the following schools--MDI/IIFT/SPJain?
Ans. All these schools are much better as B-schools. IIFT & SPJain placements are way better than IMT& MDI which have almost comparable placements.

5. What about IMT & schools like XIM-B, SCMHRD, SIBM?
Ans. All these schools have comparable placements. IMT is better in acads than them.

6. Good schools below IMT?
Ans. IMI, TAPMI . Both B-schools are equally non transaparent . People dont know this but Mr . Nitish Sengupta (director of IMI) is also a politico....he is a Trinamool Congress MP , so the school will do well in "engineered" rankings when NDA is in power. TAPMI has also the virtues and vices of Manipal group.."paisa, paisa, paisa..everywhere." Both schools are good schools, if you have failed to get through IMT/XIM-B/SCMHRD/SIBM.

5. Can an IMTian be getting 4000 bucks a month?
Ans. Are you nuts? This guy must be a distance learning?

6. Are the placement statistics shown in the IMT brochure correct?
Ans.Both yes & no.
If you see the number of companies which visited & the fact that everybody got well placed then it is a "YES".
The salary part is "NO". What IMT & everybody else has done is played with numbers.

Let me share how it is done by IMT/MDI (and maybe everybody else.

Take the salary (of course in CTC)..of everyone placed. Sum it up. Now convert the foreign currency offers into Indian rupees. That makes it a huge amount. Now divide it by the number of students who got placed. Hooray...you got a huge (but misleading) figure!!! That pushes up the average salary.

Why do it? Becoz if everybody else does it...IMT cant sit idle!!!

7. What about lateral placements in IMT?
Ans. Not good. In case you have very good experience for 3-4 years, pl. dont join schools apart from IIMs/XL/FMS/SPjain/NITIE/IIT-Mumbai. You will get a "raw" deal.

What happens is most good companies come to the second tier B-school for "management trainees" which are essentially "fresher" positions (0-2 years work ex).

8. "I am interested to work in core finance" Should I join IMT?
Ans. Till my time IMT had the best Finance faculty in North India. Believe me, even IIM-L did not have such good faculty--who used to go there and take courses. But unfortunately, Finance placements have never been that great in IMT. So in case you are looking for the best banks & finance careers--do not join IMT.

9. What about Systems?
Ans. IMT has the best IT faculty in the country. That is becoz IMT has to run a hugely successful MCA course (ranked #4) in the country. Plus the institute has got amazingly good IT infrastructure. (they are nowadays talking of an "wireless" LAN!!). Strangely enough (I don't know why) not too many people take up systems? But TCS, Infy, HCL etc will come for sure so good placements are sure.

10. What about Marketing?
Ans. The Bread & butter of IMT in placements. I wont say the faculty is excellent. But HLL & ITC etc comes regularly ..so that speaks for iteslf!!!

11. What about HR?
Ans. Why have they opened a new HR course? Anyways HR people always used to say that they didnt get as good a deal in placements as marketing did.

Truth prevails....its better to know where you actually stand vis-a vis others.

As I say as an ex-IMTian .."We know we are not the best, but that's why we try harder".

Thanks & hope it was helpful. Any clarifications/criticisms/suggestions would be favourably accepted.

Nfunguy

[enjoymohit]

thnx fr clearing our doubts....

few more things:
1. when did u pass out of IMT
2. where are u working right now
3. wht was ur sttng sal and current sal.....( only if u wish to disclose it...else give us a general idea...)

thnx

Mohit

[curtz-imi]

sorry boss but will jst contradict on some small points....

nfunguy
People dont know this but Mr . Nitish Sengupta (director of IMI) is also a politico....he is a Trinamool Congress MP , so the school will do well in "engineered" rankings when NDA is in power.

plz know the facts b4 u preach Mr sengupta is not @ present the DG of IMI.....if "engineering of rankings " would hav been done by IMI then we would hav been a top 10 b-skool in d last coupla yrs....n d most funny part is look whoz sayin IMT...dat means 4m now on all rankings of IMT which will come out will be engineered.....God save us 4m d rankin game

Mr Nitish Sengupta is not in TMC...he has joined congress a few days back....

i have never told dat IMT is not a good b-skool...but plz dont try 2 malign othr b-skool without knowin d fact.....n as far as IMI is concerned...its kinda funny when d inside junta is upset dat d skool is not doin enough brand buildin....but d outside junta has opposite view points.....

abt ur winnin various b-skool contests .....may b it was there in d past....but dis yr i have been 2 diffrnt fest.... IMT was nowhere visible....God knows y...bcoz IMT is good n v wanna face some good compeitition mates....

n imtians yaar wut happnd 2 one of ur teams in second round of ITC MGMD contest....well its jst a query.....

n buddy nfunguy...i appreciate dat u were truthful enough 2 show some light inside IMT's world...very few ppl give a good feedback..n u gave one....but c ones perspective is ones u say IMT is better dan IMI ...v say d opposite...i can only say its gr8 if both churn out future leaders...bcoz simply itz more imp 4 INDIA....

[nfunguy]

Well two comments regading my post...
Let me answer Saikat's (curtz-imi) s points first.
I never said IMI was a bad school.... as you see my post you will realize that I consider SPJain/MDI/IIFT/IMT/XIMB/NMIMS/SCMHRD/IMI/TAPMI as same tier schools.

I will tell you why:
Go to any corporate which recruits from these schools and you will find that they visit all or most of these schools and do not differentiate between them. To them, you are either from IIMs/XL/FMS or from the second tier schools as above.
So what creates differentiation between these schools? Frankly academics & quality of students as peers. SPJain & IIFT scores in this regard. Both these are far more committed to academics than the others in the list. That shows. MDI is also strong in academics.
Now where IMT & XIMB (and maybe SCMHRD) scores over the rest is becoz people join them over others. Frankly many including myself had final calls from all these schools (except SPJ).
In my time I had fancied MDI the most, but it was very expensive so I joined IMT (IMT was far cheaper in my batch, but now it is comparable). Many of our batchmates had final offers from all the schools i had mentioned.I guess that is also a perceptible factor, that IMT is better than those, that enabled us to take that decision. Also the infra etc is definitely better. Brands are not made in a day..and IMI has still some catching up to do. Some of my friends who couldn't convert IMT got into IMI. They did well too.

Having said that I must say IMI also has great faculty. Prof Swapan Chauduri (IMI) used to teach us at IMT too...and you rarely come across better finance faculties.

On the Nitish Sengupta controversy...I must say again that politicians do not make great directors. Mr. Sengupta, ex-IAS, erstwhile chairman of Kolkata Port Trust, and always trying his political luck somewhere (Congress/Trinamool) whatever is by no means an academician, but an administrator. That way's even IMT has an ex-brigadier (the director) and the wily Mr.Nath at the top of the helm. Unfortunately such people do not do much good to the academic environment of the school--which is important.

Bottomline guys--whether you study at IMT or IMI or any of the schools mentioned above hardly matters in real life. As i said earlier..there is a difference of an inch or two.

Regarding myself I passed out a few years back. I can tell you this--we as a batch were very strong in co-curriculars. We came third in the ICICI-IIM-A national finance game, third in Business Plan contest in IIT-D (beat all IIMs but got beaten by two ISB-Hyd teams) ..and lost out narrowly to MDI...in Business Today Acumen...(MDI became the national winner that year). All these are the best known fests in the Business school world. Yours truly was part of 2 of the 3 things mentioned above.

Regarding my salary...well....I had a bad luck (or inability whatever you say) that I was shortlisted by HLL..cleared 3 of 4 rounds but got chucked out in the director's round in Mumbai.
I was picked up in day one by Tata Motors. Later I left it to join a MNC IT company.(and I was the first IMTian to break into a gang of IIM guys).

Well...I wont like to disclose my salary...but trust me its way higher than the average mentioned in those brochures.
But let me warn you once again (even if it sounds like boasting)--IMT salaries are not that high. Yours truly was counted amongst the best of the batch. So I cant be taken as a "representative sample".

If you are a mediocre guy passing out from IMT...i would say you can safely expect around 3.5 to 4.0 lakhs (provided the salaries are not changed drastically for that levels in two years time).

saikat..all the best to you...I wont bicker with a junior about who's better whose not...I would just advice ..in life you have to give your best, and know your limitations...and when it comes to giving your junior an advice...you should be as impartial as possible. Afterall , credibility is what will count now on.

And another thing ...all these rankings are engineered. You must notice how high ICFAIAN Business school comes out in those rankings. Ask any alumni . who will speak out honestly and he will tell you how duped he was by the school.

Dont trust the rankings. Trust your seniors to guide you. Even with all human limitations, they would guide you better.

[pagalguy]

Originally Posted by curtz-imi @ 25/11/2004, 19:33

sorry boss but will jst contradict on some small points....

lz know the facts b4 u preach Mr sengupta is not @ present the DG of IMI.....if "engineering of rankings " would hav been done by IMI then we would hav been a top 10 b-skool in d last coupla yrs....n d most funny part is look whoz sayin IMT...dat means 4m now on all rankings of IMT which will come out will be engineered.....God save us 4m d rankin game

Mr Nitish Sengupta is not in TMC...he has joined congress a few days back....

i have never told dat IMT is not a good b-skool...but plz dont try 2 malign othr b-skool without knowin d fact.....n as far as IMI is concerned...its kinda funny when d inside junta is upset dat d skool is not doin enough brand buildin....but d outside junta has opposite view points.....

abt ur winnin various b-skool contests .....may b it was there in d past....but dis yr i have been 2 diffrnt fest.... IMT was nowhere visible....God knows y...bcoz IMT is good n v wanna face some good compeitition mates....

n imtians yaar wut happnd 2 one of ur teams in second round of ITC MGMD contest....well its jst a query.....

n buddy nfunguy...i appreciate dat u were truthful enough 2 show some light inside IMT's world...very few ppl give a good feedback..n u gave one....but c ones perspective is ones u say IMT is better dan IMI ...v say d opposite...i can only say its gr8 if both churn out future leaders...bcoz simply itz more imp 4 INDIA....

Its really disconcerting to see your 'shorthand' version of posts. Please learn to type out decent sentences if you want people to take you seriously. If you can't take the time to type decent stuff out , people wont have the time to take your posts seriously

[bingo]

nfunguy wrote:
IMT& MDI which have almost comparable placements
What are the strengths of IMT?

Ans.
(a)Placements ..dost..placements!!! I have no doubts in stating that while MDI is a much better academic B-school, it is barely as good as IMT when it comes to placements

never said IMI was a bad school.... as you see my post you will realize that I consider SPJain/MDI/IIFT/IMT/XIMB/NMIMS/SCMHRD/IMI/TAPMI as same tier schools

In my time I had fancied MDI the most, but it was very expensive so I joined IMT (IMT was far cheaper in my batch, but now it is comparable). Many of our batchmates had final offers from all the schools i had mentioned.I guess that is also a perceptible factor, that IMT is better than those, that enabled us to take that decision.

phewwwwwwwwwwwww.............
no comments, wait(till feb), watch and REALIzzzzzzE

[bingo]

hi nfunguy,
id really appreciate if you could reveal ur indentity, as to ur name, which batch you passed out from and the company you are currently working with.
regards
bingo

[guitar_killer]

hey dude...dnt u wory man...i bet there wil b lot of guyzzz here following u r trauma ...& i am 1 of them....

me also planin to drop into Banglore...soon...once the season of these examz r over....
So man...hope to join u up there..and vil rock the place 2gether man....

wil show the geeks....wht v r all abt......

Chill dude....

Cheers!!!!!!!!