[anaik100]

do u guys maintain any blog?
i googled and founud out IIML-IPMX. but it is not active since nov 2008

[thecrab2000]

Placement Stats have been little tricky to collate as few students who didn't get placed by the end of the course have not reported their job stats to the institute. Once the institute has all the information, it will be published. Why would IIML shy away from something which was widespread. Its not that only IIML got affected by this economic downturn.

IIML has increased their fee to 14L, and I think it depends how you look at it. You think IIML is charging less than other institutes and I think that other institute's are over-charging. Believe me, there are no compromise on the education and facility wise. Infact our infra and facilities are 'arguably' much better than other IIM's as it is built brand new for us.

Our term exams start from 13th so, please excuse me if I don't reply to your queries promptly.

Thanks!

Originally Posted by shaam-jaane

Thanks thecrab!
All you said is taken well, however it is a fact that B-schools / engg colleges in India are measured by their placement success.
So would you be able to share some placement stats of previous batch, or would you join the (IIMs + ISB - IIMA) brigade's new found value in not sharing placement stats (which they all shared till last year)?

Another thing - with IIML charging much less than other equivalent institutes, are there some hidden costs? If not, does IIML compromise on any aspects of the program?

Finally, great work to have started this thread - thank you again.

[thecrab2000]

we are working on it. Infact we started our own blog, but we might just continue to maintain the one(which you mentioned) started by last batch. So, PR committee is working on this.

Originally Posted by anaik100

do u guys maintain any blog?
i googled and founud out IIML-IPMX. but it is not active since nov 2008

[1choice]

Placement has been THE parameter, no doubt. It's not been discussed that positively since recession hit us all, which brings me to THE fact - Recession has proved beyond doubt how good IIMs are...IIML is no exception.
We had most of the batch placed, with 5 odd still awaiting confirmation, when we joined. Even the job-baggers were allowed to use IIML facilities till convocation and use placecom services for even better jobs. As the pioneer batch dispersed, stats collation has been a head-ache (and no longer a priority with heavy action already midway for our projects / placements). If it comforts you any more: IPMX1 was very well placed relative to economic downturn; IPMX2 batch outlook is very positive and you should get to hear placements before you pay your second installments (and maybe before the placement week / month starts).
A word of caution- In the 25 years of IIML history, nobody other than placecom (including the Director) has come out with figures / statements. Which means that you'll / somebody will need to interact with us personally (not on a public forum) or visit campus to keep abreast of our scenario.

As for IIML charging less......are you kidding, 14L is a huge sum and I'll say fair only because other IIMs are charging more. No compromises - fabulous faculty, caring director, nice infrastructure and an independednt campus! Probably the only thing missing is a family acco (which some of us have availed in another in-campus hostel).

If you are above 15L bracket PLUS expect no less than 150% sal hike (or 10L bracket with 200% expectation) AND have no other reasons to join the course, I'd advise you to rethink. Because IIML is much more than placements - it's a holistic learning environment which you would feel proud to join for the whole year and not just the placement week / month.

All the best.
L....my first choice...

Originally Posted by shaam-jaane

Thanks thecrab!
All you said is taken well, however it is a fact that B-schools / engg colleges in India are measured by their placement success.
So would you be able to share some placement stats of previous batch, or would you join the (IIMs + ISB - IIMA) brigade's new found value in not sharing placement stats (which they all shared till last year)?

Another thing - with IIML charging much less than other equivalent institutes, are there some hidden costs? If not, does IIML compromise on any aspects of the program?

Finally, great work to have started this thread - thank you again.

[1choice]

We started our own on our institute website, ignoring prev batch's existing blogs. Then PR comm and insti came up with some integration of ideas for variety of things and our blog site has been held up for that.
As a reinforcement, outside of PR comm initiatives, we have come out to support you on PG.

But for impending end-term (13 - 18 July), you should not find us lacking in content / enthu.

Originally Posted by anaik100

do u guys maintain any blog?
i googled and founud out IIML-IPMX. but it is not active since nov 2008

[rajeshfc]

I know that this is going to create a debate but its better to face the truth. However hard we may try to hide the truth , it will find its way . The placement in IIML has been pathetic and the same may be confirmed by any of the guys in the first batch. Other IIMs were also hit but IIML reached the nadir. Many candidates returned to their previous organisations without facing even a single interview. One year of Ex MBA, minimum opportunity cost of 20 Lacs and they could not manage a single interview. Its time to face the truth rather than pretending that things are fine/ will be fine. The poor infrastructure , distance from main campus and most of all apathetic attitude of placement administration made things worse in the severe economic downturn. The program was launched without any careful planning and will struggle to pull itself out of the deep trench where it has landed.
I remember a story which will convey the message. Once a king found that all people in a particular village are cutting their nose on their own. He sent the minister to find out the truth. The minister found out that one thief was responsible for this. He had got his nose cut by local governor because he was caught stealing some goods. When he returned to the village , he told his neighbour that he has started seeing God since he has cut his nose. The neighbour cut his nose also but could not see God. The theif said that now the neighbour had cut his nose so he should tell others also that he is seeing God otherwise people will laugh at him. Thus gradually many people cut their nose.

Guys IIML one year is stuck. Wait for things to improve otherwise join the course in haste and repent at leisure.
Best wishes to all

[Indian_MBA]

I believe the piece reflects a very small criteria why people join the 1 year courses. Unlike the 2 years where many join due to peer pressure or to adhere to a socially accepted norm(Graduation-MBA-Job), the 1 year course makes one think due to high opportunity cost loss and also to break the status quo when you are well placed in life...well almost. That is to say, its an independent decision taken over a period....one does not rush into such things..

Apart from the tangible parts of the program(salary hike, better company etc), there are many intangibles like creating life long bonds with achievers, rubbing shoulders with such talent that you break your own barriers and capabilities and become more self aware...thats a big thing at least for me...coz I might spend a lifetime thinking I am the best and then have a big fall at an important time in my life....this experience on the other hand is sure to teach u humility....when you see there are tons of others who are at par or above your abilities.....which will work to your advantage later on.....Above all, it makes a better person out of you.

I am sure times have been bad, but to direct the venom towards IIML reflects very constricted dependent thinking....and the fact that people are joining such programs makes it abundantly clear that people look beyond the obvious, look long term instead of the short term...and make a ballworthy(excuse me my freshly minted term )decision...

Lastly, this is not directed at anybody and reflects my own independant thinking without any external influence.

Thanks,
-Sujai

[thecrab2000]

Wow!! May I know how do you know all this? I respect your opinion, but the fact is that even in IIMA almost 50% guys went back to their previous organisations. So, does that mean IIMA PGPX is also crap. IIMC PGPEX didn't face all this becoz their last batch graduated in November when the effect of recession was not felt seriously. So, just singeling out IIML is wrong. As far as infrastructure is concerned.. I would suggest everyone to come and visit the campus. There has been tremendous improvement. The IIML management has been very serious about IPMX and has made major changes in their strategies to tackle challenges. There has been a major overhaul in different committees which are very crucial for placements. I cannot share the details but everything has been seemlessly integrated with the main campus in Lucknow. The current batch is making sure that mistakes of the past are not repeated and I can assure you guys that things will be much better this year as we have started to see signs of economic recovery.

Everyone who applies to one year MBA's is wise enough to do his/her own ROI calculations. I am not saying come and join IIML...it will be your call to decide if you get the final offer... but all I can say is that you will not regret if you join IIML as things will be totally different than last year.

Originally Posted by rajeshfc

I know that this is going to create a debate but its better to face the truth. However hard we may try to hide the truth , it will find its way . The placement in IIML has been pathetic and the same may be confirmed by any of the guys in the first batch. Other IIMs were also hit but IIML reached the nadir. Many candidates returned to their previous organisations without facing even a single interview. One year of Ex MBA, minimum opportunity cost of 20 Lacs and they could not manage a single interview. Its time to face the truth rather than pretending that things are fine/ will be fine. The poor infrastructure , distance from main campus and most of all apathetic attitude of placement administration made things worse in the severe economic downturn. The program was launched without any careful planning and will struggle to pull itself out of the deep trench where it has landed.
I remember a story which will convey the message. Once a king found that all people in a particular village are cutting their nose on their own. He sent the minister to find out the truth. The minister found out that one thief was responsible for this. He had got his nose cut by local governor because he was caught stealing some goods. When he returned to the village , he told his neighbour that he has started seeing God since he has cut his nose. The neighbour cut his nose also but could not see God. The theif said that now the neighbour had cut his nose so he should tell others also that he is seeing God otherwise people will laugh at him. Thus gradually many people cut their nose.

Guys IIML one year is stuck. Wait for things to improve otherwise join the course in haste and repent at leisure.
Best wishes to all

[shaam-jaane]

Thank you thecrab and 1choice! Undestandably both of you took it to the heart.
Chill - do I not have a right to make inquiries before I commit my time and money to this course!!
Good to hear that your expect your placement offers to start trickling in early - would give us some directions as to what is in store.

Best of luck

[1choice]

There's so much venom - rajeshfc, I hope you have not been personally impacted by whatever you claim about IIML.

Anyway, I'd rather not start a debate. Just wanted to take up this point of "apathetic attitude of placement administration": I am stumped by the level of support that IIML administration / faculty / staff has extended to us. Phenomenal - that's perhaps the only word to describe it.

Advise all not to believe in hearsay- see for yourselves our placement stats sometime in Jan-Feb, come visit the campus to get a feel of what is a day like for an IPMXer....trust me, you're gonna love both.

Originally Posted by rajeshfc

I know that this is going to create a debate but its better to face the truth. However hard we may try to hide the truth , it will find its way . The placement in IIML has been pathetic and the same may be confirmed by any of the guys in the first batch. Other IIMs were also hit but IIML reached the nadir. Many candidates returned to their previous organisations without facing even a single interview. One year of Ex MBA, minimum opportunity cost of 20 Lacs and they could not manage a single interview. Its time to face the truth rather than pretending that things are fine/ will be fine. The poor infrastructure , distance from main campus and most of all apathetic attitude of placement administration made things worse in the severe economic downturn. The program was launched without any careful planning and will struggle to pull itself out of the deep trench where it has landed.
I remember a story which will convey the message. Once a king found that all people in a particular village are cutting their nose on their own. He sent the minister to find out the truth. The minister found out that one thief was responsible for this. He had got his nose cut by local governor because he was caught stealing some goods. When he returned to the village , he told his neighbour that he has started seeing God since he has cut his nose. The neighbour cut his nose also but could not see God. The theif said that now the neighbour had cut his nose so he should tell others also that he is seeing God otherwise people will laugh at him. Thus gradually many people cut their nose.

Guys IIML one year is stuck. Wait for things to improve otherwise join the course in haste and repent at leisure.
Best wishes to all