Q: Why is IIM Kashipur the least preferred IIM among the new ones?

Honestly, I wouldn’t call IIM Kashipur the least preferred but the most underrated IIM. It’s at par with all the IIMs with respect to placements, infrastructure, faculty, student-teacher ratio, and rigor. Yet it’s highly underestimated owing to its single disadvantage of location. IIMs welcome students from all over India. But the students from South or North-East India find it rather difficult to first travel to Delhi and then travel by Road or Rail to Kashipur. They prefer their comfort over anything. The other reason is that most IIMs have been able to establish a uniqueness about themselves. IIM Kashipur lacks in this aspect. IIM Rohtak is the oldest and closest to NCR, IIM Udaipur attracts students based on MHRD ratings, IIM Trichy made itself known as a CFA Recognised Institute under the Institute University Recognition Programme and IIM Ranchi has the best placement opportunities. IIM Kashipur has failed to market itself on a particular aspect and thus is underestimated.

Q: I have converted to IIM Kashipur but already paid 1 term fee at IIM Sambalpur, with no refund. What should I do?

Go for it if you can afford to lose the money. If not, dont be disappointed. Just consider placements for the evaluation, as the location and life are both beautiful. Placements at IIM Kashipur have an obvious advantage, but only for the top 10% of the batch will it make a significant difference. Otherwise, youll do well at both locations. Furthermore, if youre looking for future entitlement, it makes little difference. IIM Kashipur is the newest, and IIM Sambalpur is the youngest. If you build a strong profile for yourself, the location between these two IIMs will not hold much value in the future. As a result, if you can afford to lose the money, do so without hesitation. If you cant afford to lose that money, forget it and you will have no regrets.

Question 1

What is an average salary of IIM Kashipur?

Accepted Answer

IIM Kashipur maintains a good placement record every year. The final placement report for the MBA batch of 2022 has been released.

Highest Salary: INR 28.82 LPA

Average Salary: INR 15.21 LPA

Number of students: 322

Number of offers: 365

A total of 365 offers were made and more than 150 companies visited the campus during IIM Kashipur MBA placements 2022. During the placement drive, the highest number of offers came from the IT & Analytics sector. 39% of the offers came from the IT & Analytics sector, 30% of the offers came from the BFSI sector, and 11% of the offers came from the Management Consulting sector. Less than 10% of the total offers came from E-Business, Retail, Manufacturing & other sectors. Some reputed firms that visited the campus for placements are

Virtusa
Flipkart
GEP
HP
Loreal
Accenture
Deloitte
Adani Wilmar
EY
Dell
Cognizant

Question 2

Why is IIM Kashipur the least preferred IIM among the new ones?

Accepted Answer

Honestly, I wouldn&rsquo;t call IIM Kashipur the least preferred but the most underrated IIM. It&rsquo;s at par with all the IIMs with respect to placements, infrastructure, faculty, student-teacher ratio, and rigor. Yet it&rsquo;s highly underestimated owing to its single disadvantage of location. IIMs welcome students from all over India. But the students from South or North-East India find it rather difficult to first travel to Delhi and then travel by Road or Rail to Kashipur. They prefer their comfort over anything. The other reason is that most IIMs have been able to establish a uniqueness about themselves. IIM Kashipur lacks in this aspect. IIM Rohtak is the oldest and closest to NCR, IIM Udaipur attracts students based on MHRD ratings, IIM Trichy made itself known as a CFA Recognised Institute under the Institute University Recognition Programme and IIM Ranchi has the best placement opportunities. IIM Kashipur has failed to market itself on a particular aspect and thus is underestimated.

Question 3

I have converted to IIM Kashipur but already paid 1 term fee at IIM Sambalpur (no refund). What should I do?

Accepted Answer

When considering whether or not to pay around 170K for the first term at IIM Sambalpur, it is important to consider the potential financial loss and weigh it against the potential benefits.

In terms of placements, it is true that IIM Kashipur may have an upper edge, however, it is important to note that this difference will likely only make a significant impact on the top 10% of the batch. For the majority of students, the placements at both IIM Sambalpur and IIM Kashipur will likely be similar. Additionally, when considering future entitlements, it is important to remember that both IIM Kashipur and IIM Sambalpur are relatively new institutes, so the location may not hold as much value in the long term as building a strong personal profile.

It is ultimately up to you to decide whether or not you are willing to potentially lose the money, and if so, to not stress about it too much. On the other hand, if you are not willing to potentially lose the money, it is also important not to regret the decision in the long run.

Question 4

I have converted to IIM Kashipur but already paid 1 term fee at IIM Sambalpur, with no refund. What should I do?

Accepted Answer

Go for it if you can afford to lose the money. If not, don't be disappointed. Just consider placements for the evaluation, as the location and life are both beautiful. Placements at IIM Kashipur have an obvious advantage, but only for the top 10% of the batch will it make a significant difference. Otherwise, you'll do well at both locations.

Furthermore, if you're looking for future entitlement, it makes little difference. IIM Kashipur is the newest, and IIM Sambalpur is the youngest. If you build a strong profile for yourself, the location between these two IIMs will not hold much value in the future. As a result, if you can afford to lose the money, do so without hesitation. If you can't afford to lose that money, forget it and you will have no regrets.

Question 5

How good is IIM Kashipur?

Accepted Answer

Honestly, IIM Kashipur does not do justice to the other IIMs in its worth. Under the pretext of being an IIM it has gained little fame but the reality is far from different. My cousin got an offer from IIM Kashipur but decided against joining it. The reasons that led him to make this decision are

Location: IIM Kashipur experiences some major location disadvantages. Neither is it connected to central India nor does it offer a diversity of locations.
Low ROI: After spending a massive amount of IIM Kashipur ( INR 1730000), everyone wants a high-paying job. But the entry-level offers available at IIM Kozhikode were below average.
Weak alumni base: The alumni base at IIM Kashipur is rather weak as compared to other IIMs.
Less number of reputed companies come for placements: The biggest brands either don’t come to the campus of IIM Kashipur or offer limited roles only.

So if the placement numbers attract you here, you are more than welcome. But remember IIM Kashipur is not at par with other IIMs.

Question 6

Will it be an absolutely horrible decision to choose IIM Kashipur over NMIMS Mumbai just for the IIM tag?

Accepted Answer

Rather than judging your decision, I will list down some merits of both colleges and leave the rest for you to choose from.

Reasons why one should choose IIM Kashipur over NMIMS:

Smaller Batch-size: IIM Kashipur has a relatively smaller batch size than NMIMS. This means the placement opportunities will be better and attention given to each student will be more.

Lower fees: Mumbai fees are around 21 lakhs for two years. Also, it does not include the accommodation and food expenses that a person will have in the two years. The minimum expenses in a city like Mumbai will stand at 20000. The total fee is much higher than IIM Kashipur ( INR 1730000).

Specializes in Operations: The leading domain of IIM Kashipur is operations whereas NMIMS has limited scope for the same.

Reasons why one should join NMIMS:

Better opportunities in terms of companies, packages, and roles than any other new IIM
Better location than the new IIMs
Strong alumni base

So if you are confident that you can remain among the top 200 go for NMIMS, else IIM Kashipur it is.

Question 7

Should I take admission in IIM Kashipur MBA analytics if offered, given that this will be their first batch for MBA analytics?

Accepted Answer

My friend is a 2020 graduate of the institute who has witnessed the laying of the foundation of the MBA Analytics program. She benefited a lot from this course. According to her

Reasons to join the course

If you are interested in the Analytics domain then you should definitely go for it.
You might be uncertain about the course’s worth because it’s relatively new. But its affiliation with IIM is what adds value to it apart from its excellent placement opportunities.
If you are afraid that you will not be able to change domains in the future then you can relax. Its curriculum includes core MBA subjects from finance, marketing, operations, analytics, and HR along with fundamental concepts of analytics, in the first year.

Reason to not join the course

You are not interested in the Analytics domain.

So apart from your disinterest in the subject, nothing is stopping you from pursuing MBA in Analytics.

Question 8

Which IIM is the best (IIM Kashipur, IIM Udaipur or IIM Tiruchirappalli)?

Accepted Answer

Depending on who you ask, this question has a variety of answers. The majority of the students, faculty, and business representatives you'll come into contact with, however, rank Kashipur last among the three colleges mentioned.

Most people, especially in the south, prefer Trichy over Udaipur when it comes to placements. However, in the past two years, people from Mumbai, Calcutta, and Delhi region have also made this recommendation. One reason for this is that Udaipur is overly dependent on its director, who, according to reports, has a narrow perspective on placements. Contrarily, Trichy is thought to take a more well-rounded and superior approach to academics, extracurriculars, and placements. This is why Trichy was chosen over Udaipur.