The announcement of results by all the 6 new IIMs during this week has further put the prospective candidates in a dilemma where they have to be decisively sure whether they wish to choose one among these six or one among the top 10 other MBA/PGDMs where admission process is almost complete and last date to deposit the fee is approaching fast. Barely a few days are left to finalise the decision else you may lose the opportunity of admission in IIMs as well as in other top rated B schools.
Admission results: IIMs Vs other top B schools
While IIM Raipur, Rohtak, Trichy and Udaipur announced their final admission results between May 11 to May 12, 2014, IIM Kashipur and IIM Ranchi announced them on May 14, 2014. All these 6 IIMs have taken full 4 months to declare final admission results after declaration of CAT 2013 scores on January 14, 2014.
On the contrary, top rated B schools offering MBA/PGDM programmes like XLRI, SPJIMR, MDI, IMT, IMI, NMIMS, TAPMI, IIFT, XIMB, NITIE, have already finalized their admission process. The deadline to deposit the commitment or first instalment of fee is only a few days away.
How long it will take to accommodate the waitlisted candidates is yet another grave issue with all the B schools. The MBA/PGDM session 2014-15 at all the top B schools is proposed to begin sometime in last week of June or first week of July 2014.
Placement: the key factor
Candidates have been raising numerous queries with MBAUniverse.com. The decisive factors like Fee, intake and above all the latest placement performance of the B schools would guide the students to choose one of the new IIMs or other B school. Besides, these new IIMs would accommodate only 800 out of 10 thousand candidates. Those who have been selected for final admission in other top B schools also have to choose the best of the given choices.
MBAUniverse.com presents the key deciding facts of these B schools to help you out in taking the right decision
The 6 new IIMs in addition to 7 older ones started functioning between 2010 and 2011 with small batch sizes. Their alumni base is gradually expanding. Let us know their fee structure, proposed batch sizes and placement performance. Those who wish to confirm their admission in one of these IIMs have to submit the acceptance of admission offer and deposit the admission fee as per the specified deadline lying in their respective mails.
Proposed batch size 2014-16: 135
Core faculty size: 19
Fee structure: Rs 8.30 lacs
Average Placement: Rs 10.12 lacs
Payback period after placement: 300 days
IIM Raipur
Proposed batch size 2014-16: 120
Core faculty size: 22
Fee structure: Rs 9.85 lacs
Average Placement: Rs 12.03 lacs
Payback period after placement: 299 days
Proposed batch size 2014-16: 200
Core faculty size: 12
Fee structure: Rs 9.20 lacs
Average Placement: Rs 11.7 lacs
Payback period after placement: 287 days
Proposed batch size 2014-16: 130
Core faculty size: 22
Fee structure: Rs 9.30 lacs
Average Placement: Rs 9.68 lacs
Payback period after placement: 351 days
Proposed batch size 2014-16: 110
Core faculty size: 19
Fee structure: Rs 10.45 lacs
Average Placement: Rs 11.78 lacs
Payback period after placement: 324 days
IIM Udaipur
Proposed batch size 2014-16: 120
Core faculty size: 22
Fee structure: Rs 9.20 lacs
Average Placement: Rs 10.37 lacs
Payback period after placement:324 days
Other top rated B schools
Candidates with a high percentile have also been offered admission in MBA/PGDM programmes from other top rated B schools. The admission process, although is closed in these B schools, you should check the status even if you are waitlisted to explore admission opportunities in these B schools based on following parameters.
Admission to flagship programme is closed and the students are in the process of depositing the fee.
Proposed batch size 2014-16: 250
Core faculty size: 70
Fee structure: Rs 15 lacs
Average Placement: Rs 16.25 lacs
Payback period after placement: 337 days
Proposed batch size 2014-16: 240
Core faculty size: 49
Fee structure: Rs 10.5 lacs
Average Placement: Rs 17.2 lacs
Payback period after placement: 223 days
Admission list has been out and the process is closed. Candidates desirous to take admission in IIFT should deposit the fee according to the time frame specified in the admission offer.
Proposed batch size 2014-16: 200
Core faculty size: 45
Fee structure: Rs 7 lacs
Average Placement: Rs 14.32 lacs
Payback period after placement: 178 days
The B school has already announced the final admission and the fee was expected to be deposited by May 5, 2014. The provision of depositing the fee with penalty may be explored according to the terms of admission offer.
Proposed batch size 2014-16: 335
Core faculty size: 80
Fee structure: Rs 14.91 lacs
Average Placement: Rs 14.74 lacs
Payback period after placement: 369 days
The institute has also published the final merit list for admission 2014 and had asked the prospective candidates to deposit the admission fee by May 5, 2014.
Proposed batch size 2014-16: 340
Core faculty size: 52
Fee structure: Rs 4.19 lacs
Average Placement: Rs 11.3 lacs
Payback period after placement: 135 days
The B school has finalized the admission process and has already declared the results. The fee is to be deposited as per the advisory in the admission offer. Waitlisted candidates should check the status and then proceed to deposit the admission fee.
Proposed batch size 2014-16: 420+180
Core faculty size: 70
Fee structure: Rs 15 lacs
Average Placement: Rs 8.7 lacs
Payback period after placement: 630 days
The institute has finalized the admission process for the flagshoip PGDM programme. Waitlisted candidates are supposed to deposit their fee after checking the admission status.
Proposed batch size 2014-16: 240
Core faculty size: 64
Fee structure: Rs 12 lacs
Average Placement: Rs 8.7 lacs
Payback period after placement: 503 days
The B school has announced the admission results and the admission process for flagship programme is closed. Only the waitlisted candidates will be able to deposit the admission fee in case they get the chance. It will be a good opportunity to regularly check the status and take a prompt decision. This B school has recorded the highest placement at Rs.55 lacs and 8 students got placement at Rs 45 lacs each in 2014
Proposed batch size 2014-16: 480
Core faculty size: 37
Fee structure: Rs 13.5 lacs
Average Placement: Rs 9.71 lacs
Payback period after placement: 507 days
Shailesh J Mehta School of Management, IIT Mumbai has already declared the admission merit list along with the waitlisted candidates.
Proposed batch size 2014-16: 240
Core faculty size: 23
Fee structure: Rs 8.5 lacs
Average Placement: Rs 14.26 lacs
Payback period after placement: 218 days
Department of Management studies, IIT Delhi has announced the admission results and offers have been sent to the eligible candidates for admission 2014. Candidates who have been able convert the call can explore the admission opportunities in the flagship programme at this B school.
Proposed batch size 2014-16: 115
Core faculty size: 14
Fee structure: Rs 4 lacs
Average Placement: Rs 12.52 lacs
Payback period after placement: 117 days
The 2 top B schools where admission lists are yet to be out
The shortlist for GDPI round by FMS is yet to be announced although application process is closed. GDPI is expected to be conducted in the month of June 2014. Candidates with 95+ CAT percentile may try their luck in this top rated Delhi University B school
Proposed batch size 2014-16: 200
Core faculty size: 28
Fee structure: Rs 21 thousand
Average Placement: Rs 16.18 lacs
Payback period after placement: 5 days
Admission process at JBIMS is still on, through CAP being conducted by DTE Maharashtra. This B school doesn’t require individual application. CAT 96+ percentilers and high scorers in XAT/CMAT/MAT still have a chance to register themselves for CAP round with DTE Maharashtra before May 21, 2014 to seek admission in this B school.
Proposed batch size 2014-16: 120
Core faculty size: 8
Fee structure: Rs 2.10 lacs
Average Placement: Rs 16.18 lacs
Payback period after placement: 47 days
Decide Now
You are supposed to take a decision at the earliest. Thousands of candidates with high CAT percentile would be thronging the gates of various B schools across the country after the announcement of results by 6 new IIMs. It is therefore advised that sooner the decision is taken, the better it will be for the future.
Stay tuned to MBAUniverse.com for more updates on admission in top B schools
