Consider this scenario where OBCs are reserved a certain amount of seats in the IIMs. Does this mean that they will not compete the open category. No they would. The OBC guys who get good CAT %iles will take up the open seats category and when all the seats in open is filled up, the OBCs with lesser percentile will have to fill up the vacant reserved slots. This means a OBC guy with 97%ile may get into IIM and an open category guy with 98%ile may lose out.
Recruiters would expect more from IIM guys, but would have to be satisfied with not so perfect profiles in the end.
The ultimate result, people from open categories avoid IIMs and move over to ISB and GLIM, making the IIMs vulnerable to decline.
MBA is not education but an experience as per my opinion.
1) MBA has got lot of things to do with the faculty and most importantly your peers.ISB has got an edge in this aspect with strong faculty group from best of the B-schools, students with rich and varied work experience.
2) Placements -When you compare placements IIMs does the best since it recruits all freshers into the school and get them good entry level positions in the big joes of India, North american & Europe.ISB recruits atleast 2-3 yrs of experienced professional but they also mostly make to this entry level roles offered to IIM candidates.This is the area where ISB has to improve a lot and give a good edge to the candidates for their work experience. for example i am 3 yrs experience managing 20 ppl and also working with Directors and VP level associates from my client side(i am working for an out sourcing company).If i get into ISB next , spend 20 lacs and still get an entry role in an i-bank or a tech company , ISB is not doing any justification to my professional experience i gained these three or four yrs.Most of the working professionals do MBA looking for a Giant Career leap which is actually promised and fulfilled in Top B schools outside India.
3) Alumni network - This is very strong in IIM, but since ISB got international exposure of faculty , if students can leverage on that then their networking can easily be established in few yrs across the globe.They need not reinvent the wheel.Here again ISB should focus on placing their students at the top level which gives them a great return interms of alumi and networking
I will pen down more on this later..
your validation and comments on this opinion are most invited
I agree that ISB offer quite superior experience when it comes to international faculty, shorter duration and scores better than a lot other top B-Schools but the area where it lacks is quality of inbound stuff. In India still a lot of top class studenst either go to IIMS or go abroad and hence peerage quality is not very high. I dont want to offend ISB students per se but the day it will start getting better of IITS and other top b-schools, it will give superior ROI than IIMs though challenges related to one year programs will remain as all said and done INSEAD is yret to displace whartons and Harvards of the world.
According to me, when it comes to 1 year MBA program..ISB is the winner(they are the early bird) but IIM-A has caught up quite well but still would be trailing. None other IIM can really be put on par with ISB and IIM-A
When it comes to 2 yrs program, ISB is not there in the scene...it is only IIMs.
1)in iim we have more than 60% reservations which sucks
2) u basically need a 99+ percentile (good no crunchers)and a btech degree and in most probability u r through. people say they see profile . bull shit. then why dont prefer CA/ICWA/CS/COMMERCE people over btechs when its all about high flying fianance IB profiles.( how many ca/icwa/commerce peple in iim but a btech from crap college will be there)
its a unsaid truth that top notch mnc want a btech+mba combination and not a commerce+ btech combination so iim take mostly btechs to increase placement fig ..
on the other hand isb takes a total look at profile and gmat score is a small aspect .(in iim very few people get calls with less than 99 percentile)
3) isb teaches in 1 yr if they start a 2 yr course iims will be out of the picture.
4) just 10 years dude isb will be far far ahead of iim-a
iim need to reinvent themselves. ths days in india all btechs just crave about CAT from 1st yr and even forget they shd study for btech ...
It seems that this group is highly prejudiced against diversity- same old in-group - outgroup syndrome seems to operate here, "Mine is better than thou". But as Derida hath said - "without the other, i loose my identity, for identity is difference"
Let not uniqueness exist, cause our minds shall construe it as a despisable abnormality..............
Different ppl...different views ...same is mine ..a different comment.In todays scenario we all know wt IIM is?definitely Implementing Quota is a worst idea..But it doesn't mean that IIMs will loose there reputation in this way .Because rather than the students we can't deny the other positive points regarding IIMs .Obviously the faculty have a gr8 role.They have somthing which no one can deny . n Thats why I think that still IIM is IIM..If I get a choice then definitely it will be IIM.
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