New IIMs vs Non IIMs: Where to go for MBA?
The problem that candidates are facing these days is of choosing between the New IIMs vs. the other prestigious Non-IIMs that have been in the field of education for a long time now. With newer IIMs getting into the function, it is essential for candidates to decide wisely between new IIMs versus the other prestigious non-IIMs. This article helps you to put an end to your dilemma and lets you decide wisely as to what your next target should be through the use of advice obtained from none other than IIM experts.
Firstly, as suggested by Prof. Rishikesha T. Krishnan, who is the director of the Indian Institute of Management, Indore; it is important that the candidates clarify their primary objective. The fact that they can be looking for good placements separates them from the intention of those who are looking forward for good education. He states, “IIMs are known for their learning processes as well as employment opportunities but it is evident that the recruiters would only go for the specific IIMs. This would lead the new IIMs suffer a backdrop and the candidates studying in any of the 6 IIMs might have to suffer in this domain.” On contrary, if it is all about learning the good stuff, the IIMs have the best faculty possible. Though the new IIMs would suffer when it comes to the comparison of infrastructure but once the IIMs are well developed they would certainly take over the private B-schools with highest grade.
As opposed to the director from IIM Indore, Kalpesh Kotkar from IIM Indore highlights that the inclusion of the new IIMs in a list of comparison is out of question. According to him, IIMs form a brand and their learning process cannot be compared with any other B-school. He further says, “An IIM tag is a much coveted and respected recognition.”
Source: IIM Vkpedia
The image given above highlights the various programs and clubs being supported by the new IIMs are equivalent to what the private B-schools have to offer. This certainly highlights the fact that the decision to pick a well-known private B-school over newer IIMs would not be a completely wise choice to make.
In order to bring out the fair comparison, it is imperative to discuss the latest top B-schools like NMIMS. Due to the exceptionally large batch size and a large number of varying specializations, it faces a challenge corresponding to the provision of placement for all its students. On a similar note, the job offers have suffered a blow at IIMs as well most jobs are offered to the candidates of IT domain. Thus, the situation does not remain same for any particular brand or institute on all days and there can be challenges faced by all. The importance is to be given to the things that one learns and the experiences that can be gathered and not on placements. If you take care of your credentials and grades, then certainly an employer who has something good in store will find you.
Lastly, being at a spot where you have a choice to either get enrolled with an IIM or other prestigious non-IIMs, you are lucky enough. Whatever you decide for yourself, it is all about being happy and making the best of it. The institutes cannot enforce their teachings and placement opportunities on you and so your actions are what count the most. So go ahead, take the plunge and get all what you can while you can.
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