Hi, my background: X : 77% XII : 77% CAT : 93.44%ile (Fresher) XAT : 99.14%ile Graduation : 58% (B. Arch.) Calls : Almost all B-Grade institutes, no calls from XIMB and XLRI :: Converted as of now: GIM and LBSIM Expecting to co...
Hi,
my background:
X : 77%
XII : 77%
CAT : 93.44%ile (Fresher)
XAT : 99.14%ile
Graduation : 58% (B. Arch.)
Calls : Almost all B-Grade institutes, no calls from XIMB and XLRI
Converted as of now: GIM and LBSIM
Expecting to convert: TAPMI and KJ Somaiya (hopefully
)
The gist of my research:
GIM +ves :
1. Everyone whom I talked to has suggested me to go for GIM including many friends, my cat trainers and a few other people. So the public perception seems to be better. But I have NOT talked to anyone from industry.
2. Excellent Infrastructure, including the merits of being a fully residential course.
3. Faculty here is very good. The founder director has been instrumental in setting up XLRI and XIMB.
4. Fees: Marginally higher than LBSIM, really does not matter.
5. Features higher than LBSIM on most rankings, including the one at time4education.com
6. XAT cut off : 91%ile. 1200 calls for 120 seats.
LBSIM +ves:
1. Location: Perhaps the most compelling reason to go for it. It is near the Fore, IIFT and IMI campuses in Delhi and a few minutes from Gurgaon and Rajeev chowk. I am from Jaipur and will be staying in the hostel anyways.
2. Fees is marginally lower than GIM.
3. CAT cut off : 90%ile, 600 calls for 120 seats.
DILEMMA:
THE PLACEMENTS:
Average salary for LBSIM was Rs. 5.4 Lacs last year and shot up to Rs. 7.24 Lacs this year. My coaching classes director refuses to trust this fact . No foreign placements and don't know absolutely anything about the profiles.
Average salary for GIM was Rs. 5.24 Lacs last year and it is just 6.4 Lacs this year. So there is growth but thats easily overshadowed by that at LBSIM. Here we should keep in mind that GIM does not allow companies to recruit at positions lower than Management Trainees. And they claim that the students have left higher paying jobs for better profiles. One foreign placement at Kotak Securities Intl.
Now this is what inclines me to join LBSIM.
OPTION III - DROPPING A YEAR and taking CAT again
1. I have always scored 99+ %ile at PT mocks and 94-97%ile at TIME. Was really sure about getting the best calls this year. But, had a terrible break up with the closest person in my life... just 3 weeks before CAT and couldn't recover. Nothing was on my mind that time and I am very sure that it affected my scores this year.
2. I have NOT dropped after XIIth but B. Arch. is a 5 year course so that compensates.
3. I will not take a job if I drop.
4. If I take any of these calls, I plan to go for another one year MBA course after 5-6 years.
Now thats the story form my end. Please help and I'd also like to have inputs from the seniors at GIM and LBSIM.
PS: Was just wondering how we always turn to PG for any help we need and how our life would have been without this support 😃 .
Factors to think about:
-Opportunity Cost:If u dont take up a college,one more unproductive year (as u will not take up a job) and how do u propose to explain this to panels next year..One year late you will start earning..Plus the competition gets tougher.
-GIM has excellent,consistent and believable growth.Within 14 years of existence,always on growth path and has come a long way.
-Very strict rules about placement,no jobs at executive level,least management trainees..Many jobs in middle management this year..
-Location is not a very big factor for me..All reputed companies visit GIM and Goa has a substantial industry base too with companies like CIPLA,Coke,DLink,IFB and many more ..
- GIM has a very student welfare approach and students suggestions are taken right from curriculum to placements..a student driven college..
- Entrepreneurship as elective..A very big plus for me atleast..
And many more..
Now decision is urs.
Cheers..
PS: i think the thread is redundant and will be closed..
Factors to think about:
-Opportunity Cost:If u dont take up a college,one more unproductive year (as u will not take up a job) and how do u propose to explain this to panels next year..One year late you will start earning..Plus the competition gets tougher.
-GIM has excellent,consistent and believable growth.Within 14 years of existence,always on growth path and has come a long way.
-Very strict rules about placement,no jobs at executive level,least management trainees..Many jobs in middle management this year..
-Location is not a very big factor for me..All reputed companies visit GIM and Goa has a substantial industry base too with companies like CIPLA,Coke,DLink,IFB and many more ..
- GIM has a very student welfare approach and students suggestions are taken right from curriculum to placements..a student driven college..
- Entrepreneurship as elective..A very big plus for me atleast..
And many more..
Now decision is urs.
Cheers..
PS: i think the thread is redundant and will be closed..
Amazing.. Never really expected a reply at this hour. However the real issue is the big gap in average salaries of both institutes. I mean you really don't look at salaries cause that depends from the profile of the person, but does this mean that LBSIM pass-out freshers are recruited for better positions or is there any other reasoning for the higher salary at LBS. Also, I am looking to take finance as the specialisation, though that is tentative. And how are the summer placements at both the institutes?
Will wait for perspectives from LBSIM and others.
Dude..
As you said people at GIM lest hefty packages for Gud profiles..You are absolutely correct in this respect..
And let me tell you Gud Profiles doesnt necessarily means higher salary..There is no correlation..As i was a witness here People left some pretty lucrative Offers for demanding and challenging profiles..
And normally IT n ITES companies give high salaries and not vevrybody is interested in them..
Anyways I believe comparing Salary Packages is not a good way of researching colleges..so i would stop..
And advise you to do a through research on other factors that are much more important..
All The Best..
Cheers..
Pal,
Please refrain from comparing B schools as its against the rules of the forum.
U can contact seniors on the respective college threads or PM them.
If would suggest, if u can drop an year, nothing like it but without job you will be stressed out. Work and also prepare.
In case, it is feasiblefor you, than make your call from either of the two colleges.
All the best.
As we all know, the average salary is nothing to do with the Individual's benefit. Even for that matter the same thing applies to IIMs too...It all boils down to a person's past acads+ur work ex etc+the negotiation talent to gain the desired salary. Now what really matters is the brand image of a good B school which carries u forward in career.
U also have a TAPMI call..so just wait for it....
Remember, applying CAT 07 may be a option in front of u..But are u ready to take the pain again + with CAT 2006 going in a different way, we all realise the uncertainities of CAT now..Think well before u decide..Its ur future...
A final word, no matter IIMs do have their brand image but finally which ever college it is, its ur performance which matters...
All the best.