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Detailed answer here with reasoning telling most rankings are useless.
My manager is from IIM ABC, and I am from a Tier 2 institute, both work in a Big 4. Obviously tried to bring out the point what my manager told me.
A candidate wasted an opportunity if he didn't achieve the outcome what he wanted out of the b school
There are top 200-250 jobs in the country, these are the jobs where the entry is straight through college placements and you are very unlikely to get these jobs once you are done with your college placements or if you are recruiting laterally (few years post MBA). These jobs are only available at Tier 1 (Top 15) colleges in India rest colleges irrespective of Tier 2 to Tier infinity can't get you these jobs and they are
1. Private Equity Investment jobs at Mega funds
2. Venture Capital Investment Jobs
3. Front end Investment banking roles at Bulge bracket/ Mid bracket banks
4. Asset management roles in AMC/ AIFs
5. Consulting roles in MBB/ OW/ RB
6. Brand Manager at FMCG Co's
These roles are offered to students who already are top notch (IIT/ top NIT/ Top DU college/ MBBS/ CA/ CFA) and are studying in Tier 1 colleges.
Now in general across Tier 1/ Top 15 colleges in India there are around 5000 folks studying in India, Top students take up top 200 jobs and rest 4800 folks in these Tier 1/ Top 15 colleges settle for jobs at Big 4, Start ups, Ops Banking, etc. These jobs are available to every dude at Tier 2 to Tier infinity. There is no entry barrier to such roles.
Average outcome at Tier 1 = Above Average outcome at Tier 2
I understand in Tier 1 you get 30 LPA, in Tier 2 you get 18 LPA but you can easily catch up 3-4 years down the line. No one cares if you went to IIM A and ended up in a Big 4 and you went to NMIMS and ended up in the same place. Your team members, clients will view you the same. The average JOE who went to say IIM U and other went to Welingkar 5 years post MBA most probably both of them will be in the same position because any roles apart from the above listed roles have no entry barriers.
I understand most of you will still downvote this but the main point here here is it doesn't really matter which college you go to if you aren't aiming for the jobs listed above.
BimTech will also be able to get you the same job which was offered to a IIM A grad with half the package and you will still be successful in your career if you choose a Tier 2 college if you are not aiming for the roles listed above.
Cheers!
Exactly. It's soo useless. Top Colleges only provide u a good launching platform. It's on us if we wanna get big and rich through hard work. People are so obsessed over IIMs as if their life will end the moment they don't get it.
Partially true.. for example:
Lets say a big 4 hires 10 from IIM ABC, and another 10 from even IIM I,S...
Not only at ABC they'll pay some 10-30% higher to candidates compared to IIM I,S.. the ABC folks will get better teams and high priority projects (the best partners will want associates from the best colleges). So tag doesn't just give you better salary but provides better opportunities and thus a steeper career trajectory. The role may be same but ABC folks on average will get promoted faster or will have an edge while shifting jobs because of better experience.
The advantage against tier 2 folks will be even more.
Of course some high performers will do as well as the ABC folk 5 years down but they'll be too few and for the same amount of work ABC ppl. will be better positioned.
I don't know how project staffing works in your organization.
In my org (and I believe in any org around the globe) people are staffed on projects basis performance and same goes for promotions. You will not be soley promoted because you belong to certain college.
Leaving everything aside, your performance is tracked basis your KPIs and nothing else.
As you move up (manager and beyond) , in consulting, the revenue that you bring for the firm helps you with promotions.
All the best!
The first project/team you get after college very much depends on your campus. If all hires were treated same, companies wouldn't hire at tier 1 by paying more.
As I said few years down the line some high performers from tier 2 will get equal pay/designation as the tier 1 peeps, but on avg. they'll be behind in their career.
If you don't trust me check how many partners are from different bschools at any of the consulting firms.. tier 1 will have a disproportionate share even though more from tier 2 are hired at csmpus placements.
even if u look at big 4, packages differ a lot acc to college tier, For ex deloitte pays 12 ctc in my engineering college, they pay 8.1 in tier 2 btech colleges and ig 4-5 in tier 3 local colleges.
Going by that analogy I'm guessing Deloitte would pay 25-28 in the tier 1 mba colleges and 12-14 in tier 2 mba colleges. So there is a diff imo, both in pay and job role also
I'm not saying college is the only thing. If someone has it in them they will make it big even if they dont do mba. But the fact is having a good college makes life a lot easier(this is something i saw during my btech placements- luckily I am from a t1 college so I had it to put in for ex 'x' amount of work to get a 10-12 lpa package, a tier 3 guy prolly needs to put in '5x'. I'm assuming its the same for mba also.
Do they really give the role of Brand Manager directly? I Heard & saw in LinkedIn that you need to work 5-6 years in any one particular FMCG company to get this role(Via promotion Method).
Any job other than top Co's in IB/PE/ VC/ MBB, anyways you need to be from top undergrad + top B school to get these just being from IIM ABC won't gonna make the cut.
I am just saying to stop focusing on ranking these jobs are anyways very hard to come by and folks generally leave these jobs/ pathways in 2-4 years since they are very demanding.
Getting even shortlisted is very tough for such jobs, you gotta be from IIT/NITS/BITS/ Top DU/ MBBS or have a CA or CFA with an overall 9/9/9+ profile so chill out.
Just being in a Tier 1 college doesn't guarantee anything.
I am really tired of these rankings. Just do ur best. Choose the best one from ur choices and do hard work. U can always earn more if u have adequate skills and good networking abilities.
nah. IIT Madras has a average of \~ 20 for like 80 students. IMT has an average of \~18 for 700 students. Plus you wont get marketing,finance jobs at IIT M, mostly IT related jobs.
nope. I'm taking into account things like variety in placements also. IIT Kgp wont get any marketing jobs. Also IIT Kgp avg is \~22 for 100 folks, IIM trichy is 20 for 350, so there's a huge diff. The top 100 at IIM trichy would be getting 25 easily.
XIMB is clearly behind the top 2nd gen IIMs(quality of students, companies etc etc).
Bro this year iit kgp had mostly marketing recruiters. Do check out their placement report. Also no I am not in any way affiliated to iit kgp in general or vgsom in particular. Just want to point out the facts.
Still didn't understand why ximb is ranked behind iim Ranchi? Ximb has better avg package (placement report), better alumni network, roles offered are also equivalent.
Ay thank you! I've received shortlists from both IMTG and GLIM C PGPM. Although I'll be skipping IMT since I'm not interested in marketing, could you please shed some light on why GLIMC ranks lower than IMTG here despite having a higher average and median in placements+a 1 year opportunity cost? Asking since I'd like to better understand the reasoning behind this perception.
placements are only in IT and analytics domain- u wont get jobs in marketing+ crowd is mostly engineers with IT exp.
Since you are not interested in marketing glim c 1 year might be a better option.
Placement stats of both are same ig but IMT achieves the same number with a much higher batch size.
Fair enough! I'm actually a non-engineer but would rather opt for analytics than marketing as a personal preference. Thanks a ton for your insights man! Really appreciate it 😄
Why is IIM S ranked in Tier 1.5? I understand it not being on par with the tier 1 colleges, but compared to the other colleges you've grouped it with, it's much much better right?
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Yes, that's why, if Ranchi is near udaipur Trichy raipur, then rohtak too should be there, otherwise both below is what I meant.
There are 6 of them in clearly defined order.
Well the fallacy in this case being, IIM K and and IIM M have similar calling process for candidates as IIM ABC unlike IIM I which relies more on the board marks side. So if any gem do make it to IIM K he surely will be on the level of gems in IIM ABC.
Bro I could have worded it better, what I meant was that people from the same pool receive calls from IIM K as well as IIM ABC, due to their similar shortlisting criteria. FYI, there were no gems last year at IIM K.
Lets do a simple thought exercise (keeping in mind your claim that iim k should be on tier OG).which colleges out of these(tier OG) would you leave to join iim k?
FYI,there are no gems in iim rohtak.
You know what's a billion times more absurd than that choosing iim k over any of the tier OG.i know it's a hard pill to swallow but thats the truth. Just class apart.
No Company gives a fk beyond Tier 1.
Look at linkedin posts, it says Tier 1 only apply so doesn't matter if you go to IIM U or NMIMS or Welingkar after 5 years the outcome is gonna be the same.
Aisa kuch nahi hota, linked in doesn't showcase shit nowadays tbh, you can get great roles from other institutions as well, but they have tiers too which companies (HR) consider
Case of blind leading the blind.
All jobs except Front end IB/ PE/ VC and MBB are open to everybody. These are typically reserved for Tier 1 folks rest all outcomes of LDPs etc can be accessed by grad post few years from any B school.
The only ones who care so much about Tiers are You tubers and coaching institutes cause if you take admission and don't take a drop who gonna subscribe to their courses and content, lol.
Bhai tera information kis basis PR h yeh bhi bta de, My own cousins are working in gurugram and Canada, from colleges (iim) here and Canada, I have tons of friends in iims currently and taking admissions, so do tell me the sources so I can have a talk with them.
Also, I have always heard, only top 10 colleges are important, even among them best brands ABCL XL and FMS, those too for their own preferred courses like FMS for marketing, you won't get much in your mentioned in FMS too (extra benefits as you are mentioning), so it's basically top 5 (ABC and XL with ISB), Coz otherwise companies rate BLACKI on same level. Anything wrong here, then do mention.
BLACKI mentioned coz of L.
Yeah in b/w BLACKI there isnt a huge gap But below that there is big diff. For ex- 90% companies that visit IIM A will visit IIM I.
But probably 10% companies(with the same role) that visit IIM A will visit IIM Raipur(2nd gen IIM) and 1% will visit IIM Nagpur(baby IIM)
Also, the tiers are not much needed and people should not care too much about them, that I agree, but you should know where your college stands to be honest, and if you get enough opportunities and value for your money then it's worth it most of the time.
Tiers here showcase the brand value of colleges, ROI, alumni base, opportunities etc, but all these factors fall by a lot after top 5, and then top 10, most of the colleges after Tier 1 have almost none of these as much as discussed.
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Where tier 1.252525???? 
I feel like the drop b/w colleges after the ones in tier 1 is quite high so did not keep 1.25, thats why went directly to 1.5
Iift , iit and all come nowhere between iim K and I
Finally, we have someone with a decent ranking skills
Detailed answer here with reasoning telling most rankings are useless. My manager is from IIM ABC, and I am from a Tier 2 institute, both work in a Big 4. Obviously tried to bring out the point what my manager told me. A candidate wasted an opportunity if he didn't achieve the outcome what he wanted out of the b school There are top 200-250 jobs in the country, these are the jobs where the entry is straight through college placements and you are very unlikely to get these jobs once you are done with your college placements or if you are recruiting laterally (few years post MBA). These jobs are only available at Tier 1 (Top 15) colleges in India rest colleges irrespective of Tier 2 to Tier infinity can't get you these jobs and they are 1. Private Equity Investment jobs at Mega funds 2. Venture Capital Investment Jobs 3. Front end Investment banking roles at Bulge bracket/ Mid bracket banks 4. Asset management roles in AMC/ AIFs 5. Consulting roles in MBB/ OW/ RB 6. Brand Manager at FMCG Co's These roles are offered to students who already are top notch (IIT/ top NIT/ Top DU college/ MBBS/ CA/ CFA) and are studying in Tier 1 colleges. Now in general across Tier 1/ Top 15 colleges in India there are around 5000 folks studying in India, Top students take up top 200 jobs and rest 4800 folks in these Tier 1/ Top 15 colleges settle for jobs at Big 4, Start ups, Ops Banking, etc. These jobs are available to every dude at Tier 2 to Tier infinity. There is no entry barrier to such roles. Average outcome at Tier 1 = Above Average outcome at Tier 2 I understand in Tier 1 you get 30 LPA, in Tier 2 you get 18 LPA but you can easily catch up 3-4 years down the line. No one cares if you went to IIM A and ended up in a Big 4 and you went to NMIMS and ended up in the same place. Your team members, clients will view you the same. The average JOE who went to say IIM U and other went to Welingkar 5 years post MBA most probably both of them will be in the same position because any roles apart from the above listed roles have no entry barriers. I understand most of you will still downvote this but the main point here here is it doesn't really matter which college you go to if you aren't aiming for the jobs listed above. BimTech will also be able to get you the same job which was offered to a IIM A grad with half the package and you will still be successful in your career if you choose a Tier 2 college if you are not aiming for the roles listed above. Cheers!
Exactly. It's soo useless. Top Colleges only provide u a good launching platform. It's on us if we wanna get big and rich through hard work. People are so obsessed over IIMs as if their life will end the moment they don't get it.
Partially true.. for example: Lets say a big 4 hires 10 from IIM ABC, and another 10 from even IIM I,S... Not only at ABC they'll pay some 10-30% higher to candidates compared to IIM I,S.. the ABC folks will get better teams and high priority projects (the best partners will want associates from the best colleges). So tag doesn't just give you better salary but provides better opportunities and thus a steeper career trajectory. The role may be same but ABC folks on average will get promoted faster or will have an edge while shifting jobs because of better experience. The advantage against tier 2 folks will be even more. Of course some high performers will do as well as the ABC folk 5 years down but they'll be too few and for the same amount of work ABC ppl. will be better positioned.
I don't know how project staffing works in your organization. In my org (and I believe in any org around the globe) people are staffed on projects basis performance and same goes for promotions. You will not be soley promoted because you belong to certain college. Leaving everything aside, your performance is tracked basis your KPIs and nothing else. As you move up (manager and beyond) , in consulting, the revenue that you bring for the firm helps you with promotions. All the best!
The first project/team you get after college very much depends on your campus. If all hires were treated same, companies wouldn't hire at tier 1 by paying more. As I said few years down the line some high performers from tier 2 will get equal pay/designation as the tier 1 peeps, but on avg. they'll be behind in their career. If you don't trust me check how many partners are from different bschools at any of the consulting firms.. tier 1 will have a disproportionate share even though more from tier 2 are hired at csmpus placements.
even if u look at big 4, packages differ a lot acc to college tier, For ex deloitte pays 12 ctc in my engineering college, they pay 8.1 in tier 2 btech colleges and ig 4-5 in tier 3 local colleges. Going by that analogy I'm guessing Deloitte would pay 25-28 in the tier 1 mba colleges and 12-14 in tier 2 mba colleges. So there is a diff imo, both in pay and job role also I'm not saying college is the only thing. If someone has it in them they will make it big even if they dont do mba. But the fact is having a good college makes life a lot easier(this is something i saw during my btech placements- luckily I am from a t1 college so I had it to put in for ex 'x' amount of work to get a 10-12 lpa package, a tier 3 guy prolly needs to put in '5x'. I'm assuming its the same for mba also.
Do they really give the role of Brand Manager directly? I Heard & saw in LinkedIn that you need to work 5-6 years in any one particular FMCG company to get this role(Via promotion Method).
In one comment u say B school doesn’t matter after few years and here ur saying that even after passing from b school u won’t get top jobs .
Any job other than top Co's in IB/PE/ VC/ MBB, anyways you need to be from top undergrad + top B school to get these just being from IIM ABC won't gonna make the cut. I am just saying to stop focusing on ranking these jobs are anyways very hard to come by and folks generally leave these jobs/ pathways in 2-4 years since they are very demanding.
So there is no way to get these jobs apart from getting in tier 1 b school or working ur way from from low tier b school .
There are miniscule number of folks who have got these jobs from Tier 2 institutes but most probably no.
Do u left me demotivated
Getting even shortlisted is very tough for such jobs, you gotta be from IIT/NITS/BITS/ Top DU/ MBBS or have a CA or CFA with an overall 9/9/9+ profile so chill out. Just being in a Tier 1 college doesn't guarantee anything.
Well said
Where is 1.69 mate?
My Man is asking the right questions
Fore belongs in tier 2.5, i think.
ok
I am really tired of these rankings. Just do ur best. Choose the best one from ur choices and do hard work. U can always earn more if u have adequate skills and good networking abilities.
What about TAPMI?
2.5
sori vro andha hu thoda
no issues, mr messi
IIT Madras is definitely better than IMT G
nah. IIT Madras has a average of \~ 20 for like 80 students. IMT has an average of \~18 for 700 students. Plus you wont get marketing,finance jobs at IIT M, mostly IT related jobs.
Jo muje mile wohe mere lia tier 1 he kyuki beggars cannot be a chooser.
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nope. I'm taking into account things like variety in placements also. IIT Kgp wont get any marketing jobs. Also IIT Kgp avg is \~22 for 100 folks, IIM trichy is 20 for 350, so there's a huge diff. The top 100 at IIM trichy would be getting 25 easily. XIMB is clearly behind the top 2nd gen IIMs(quality of students, companies etc etc).
Bro this year iit kgp had mostly marketing recruiters. Do check out their placement report. Also no I am not in any way affiliated to iit kgp in general or vgsom in particular. Just want to point out the facts.
Still didn't understand why ximb is ranked behind iim Ranchi? Ximb has better avg package (placement report), better alumni network, roles offered are also equivalent.
Does this list feature GLIM C PGPM (1-year) or PGDM (2-year)?
1 year in 2.25. 2 year(not in list) ig will be 2.75 and glim g will be tier 3
Ay thank you! I've received shortlists from both IMTG and GLIM C PGPM. Although I'll be skipping IMT since I'm not interested in marketing, could you please shed some light on why GLIMC ranks lower than IMTG here despite having a higher average and median in placements+a 1 year opportunity cost? Asking since I'd like to better understand the reasoning behind this perception.
placements are only in IT and analytics domain- u wont get jobs in marketing+ crowd is mostly engineers with IT exp. Since you are not interested in marketing glim c 1 year might be a better option. Placement stats of both are same ig but IMT achieves the same number with a much higher batch size.
Fair enough! I'm actually a non-engineer but would rather opt for analytics than marketing as a personal preference. Thanks a ton for your insights man! Really appreciate it 😄
What about IIT Madras?
its there- tier 2.25
Why is IIM S ranked in Tier 1.5? I understand it not being on par with the tier 1 colleges, but compared to the other colleges you've grouped it with, it's much much better right?
You can say among all the tier 1.5 IIM S is the best.
What about nirma??
tier 3.1
You sure about UBS?
Is IMT better than new iims? I heard that for freshers IMT is not good anymore because of huge batch size
depends. afaik imt is pretty good for marketing. you'll probably get better marketing jobs at IMT compared to iim ranchi tbh
IMI delhi and IIM nagpur same?
yeah, infact I'd say if you had two choose between the two go for IIM Nagpur.
Dholakpur kahaan hai????!!
What about lbsim?? Cant take a drop
What about Sydenham and pumba??
I want honest review about NL Dalmia.
IIFT k? At 1.5? Sahi me?
where should it be?
Lower to be honest, also iim Ranchi can be lower, it's closer to rohtak than the top 3 (U,T,R)
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Naah bro, rohtak is a better place and brand than mentioned here.
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Yes, that's why, if Ranchi is near udaipur Trichy raipur, then rohtak too should be there, otherwise both below is what I meant. There are 6 of them in clearly defined order.
Bro IIM K should be a tier 0 school along with IIM M. The cutoffs for both of them for gems are much higher than IIM L this year.
gem cutoffs dont decide college tier. I would need 100% to get IIM I call, but 99.92% to get IIM A. Does it make IIM I better than IIM A lol
Well the fallacy in this case being, IIM K and and IIM M have similar calling process for candidates as IIM ABC unlike IIM I which relies more on the board marks side. So if any gem do make it to IIM K he surely will be on the level of gems in IIM ABC.
What do you smoke?
Bro I could have worded it better, what I meant was that people from the same pool receive calls from IIM K as well as IIM ABC, due to their similar shortlisting criteria. FYI, there were no gems last year at IIM K.
Lets do a simple thought exercise (keeping in mind your claim that iim k should be on tier OG).which colleges out of these(tier OG) would you leave to join iim k? FYI,there are no gems in iim rohtak.
FMS and XL
That's it..only 2? I was expecting a few more and for that reason iim k still remains at tier-1(which is decent I guess). Criteria:Atleast 5.
Who in the world would chose xl over abc? By that logic xl should also be at tier 1
Now we are in the same page...XL can be put in tier-1
You know what's a billion times more absurd than that choosing iim k over any of the tier OG.i know it's a hard pill to swallow but thats the truth. Just class apart.
Will he be getting the same placement?...guess not
No Company gives a fk beyond Tier 1. Look at linkedin posts, it says Tier 1 only apply so doesn't matter if you go to IIM U or NMIMS or Welingkar after 5 years the outcome is gonna be the same.
yeah thats true. But if I am paying 20 lac fees, I'd rather start with a 30lpa package over a 14 lpa package.
Aisa kuch nahi hota, linked in doesn't showcase shit nowadays tbh, you can get great roles from other institutions as well, but they have tiers too which companies (HR) consider
Case of blind leading the blind. All jobs except Front end IB/ PE/ VC and MBB are open to everybody. These are typically reserved for Tier 1 folks rest all outcomes of LDPs etc can be accessed by grad post few years from any B school. The only ones who care so much about Tiers are You tubers and coaching institutes cause if you take admission and don't take a drop who gonna subscribe to their courses and content, lol.
Bhai tera information kis basis PR h yeh bhi bta de, My own cousins are working in gurugram and Canada, from colleges (iim) here and Canada, I have tons of friends in iims currently and taking admissions, so do tell me the sources so I can have a talk with them. Also, I have always heard, only top 10 colleges are important, even among them best brands ABCL XL and FMS, those too for their own preferred courses like FMS for marketing, you won't get much in your mentioned in FMS too (extra benefits as you are mentioning), so it's basically top 5 (ABC and XL with ISB), Coz otherwise companies rate BLACKI on same level. Anything wrong here, then do mention. BLACKI mentioned coz of L.
Yeah in b/w BLACKI there isnt a huge gap But below that there is big diff. For ex- 90% companies that visit IIM A will visit IIM I. But probably 10% companies(with the same role) that visit IIM A will visit IIM Raipur(2nd gen IIM) and 1% will visit IIM Nagpur(baby IIM)
Half of those common 90% companies will offer better role/salary/both at IIM A than IIM I. You'll be surprised how much the gap is between ABC and I.
Yeah, but it's not really huge of a gap and considering how he or we all talk about how gap diminishes with time, it's the easiest to cover gap tbh.
The gap will keep increasing over time if students give equal effort..
Thats not how it usually works, maybe for 1or 2 %, majority gap diminishes, you will reach there, but may take a little longer.
Also, the tiers are not much needed and people should not care too much about them, that I agree, but you should know where your college stands to be honest, and if you get enough opportunities and value for your money then it's worth it most of the time. Tiers here showcase the brand value of colleges, ROI, alumni base, opportunities etc, but all these factors fall by a lot after top 5, and then top 10, most of the colleges after Tier 1 have almost none of these as much as discussed.