IIT Kharagpur MBA admission 2024 is open and last date to apply is February 5, 2024. CAT 2023 result has been released. Candidates can download the scorecard from the official website by using their login ID and username.
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IIT Kharagpur MBA Admission 2024: Fees, Selection Criteria, Eligibility, Placements
Kharagpur, West BengalPrivate (Autonomous) College
| Updated On - Jan 2, 2024
Important Updates for VGSoM
Vinod Gupta School of Management (VGSOM) also known as IIT Kharagpur established in 1993. VGSOM is a public business school which is ranked 12th by NIRF 2022 in the Management category. VGSOM has maintained a good track record in their placement drive. As per the latest placement record, the highest CTC was recorded at INR 31.98 LPA while the average CTC stood at INR 19.36 LPA.
Table of Content
- VGSOM (IIT Kharagpur) Important Dates
- VGSOM (IIT Kharagpur) Top Courses, Seats & Fees
- VGSOM (IIT Kharagpur) Vs NMIMS Vs SCMHRD Vs XIMB Vs SJMSOM
- VGSoM (IIT Kharagpur) MBA Admissions
4.1 VGSOM (IIT Kharagpur) MBA Eligibility Criteria
4.2 VGSOM (IIT Kharagpur) MBA Selection Criteria
4.3 VGSOM (IIT Kharagpur) MBA Cut-Off
4.4 VGSOM (IIT Kharagpur) MBA Application Ratings
4.5 VGSOM (IIT Kharagpur) MBA Weightage for Final Selection
5.1 VGSOM (IIT Kharagpur) Executive MBA Eligibility Criteria
5.2 VGSOM (IIT Kharagpur) Executive MBA Selection Criteria
6.1 VGSOM (IIT Kharagpur) PGDBA Eligibility Criteria
6.2 VGSOM (IIT Kharagpur) PGDBA Weightage for Final Selection
VGSOM IIT Kharagpur Important Dates
| MBA | |
|---|---|
| Events | Dates |
| Online Personal Interview | Schedule 1: 03rd March to 05th March 2023 |
| Schedule 2: 11th March to 13th March 2023 | |
| Schedule 3: 25th March to 27th March 2023 | |
| Declaration of Admission Results | 29th April to 04th May 2023 |
VGSOM (IIT Kharagpur) Top Courses, Seats & Fees
VGSOM offers MBA, Executive MBA, PGDBA & PhD Course as well. Here are some of the highlights of the courses offered at VGSOM.
| Course Name | Eligibility | Total Fees (In INR) |
|---|---|---|
| MBA |
Eligibility: Bachelor’s degree or Master's Degree with a minimum of 60% marks or Students in their Final Year of Graduation Duration: 2 Years |
INR 11.75 Lakhs |
| Executive MBA | Eligibility: Bachelor’s degree or Master's Degree with a minimum of 60% marks and Minimum of 3 years of Work Experience Duration: 3 Years Selection Criteria: Written Test + Personal Interview |
INR 6 Lakhs |
| PGDBA | Eligibility: Bachelor’s degree with a minimum of 60% marks or Students in their Final Year of Graduation Duration: 2 Years Selection Criteria: Written Test + Personal Interview + Work Experience + Academic Scores Seats: 63 |
INR 25 Lakhs |
| PhD | Eligibility: Post Graduated with a minimum of 60% marks Duration: 5 Years Selection Criteria: Written Test + Personal Interview Seats: 60 |
- |
VGSOM (IIT Kharagpur) Vs NMIMS Vs SCMHRD Vs XIMB Vs SJMSOM
Here’s a quick information about some Top Universities for you:
| College Name | VGSOM | NMIMS | SCMHRD | XIMB | SJMSOM |
|---|---|---|---|---|---|
| Course Fees | INR 11.75 Lakhs - Total Fees | INR 23.90 Lakhs - Total Fees | INR 23.75 Lakhs - Total Fees | INR 20.70 Lakhs - Total Fees | INR 14.07 Lakhs - Total Fees |
| Popular Electives | Business Analytics, Finance & Accounting, Marketing, Human Resource | Communications, Economics, Finance, Marketing, Information Systems | Finance, Business Analytics, Marketing, Operations Management | Business Management | Finance, Accounting, Operations & Human Resource |
| Highest CTC | INR 31.98 LPA | INR 57.65 LPA | INR 61.50 LPA | INR 32.21 LPA | INR 54 LPA |
| Average CTC | INR 19.36 LPA | INR 23.07 LPA | INR 20.40 LPA | INR 17.54 LPA | INR 28.88 LPA |
| NIRF Ranking | 12 | 25 | - | 35 | 11 |
| Accepted Entrance (Minimum Cut-off) | CAT (90) | NMAT(232) | SNAP (94) | CAT (90) | CAT (90) |
| Quick Links | VGSOM | NMIMS | SCMHRD | XIMB | SJMSOM |
Check What is it like to do an MBA from an IIT (VGSOM, SJMSOM, etc.)?
VGSOM (IIT Kharagpur) Admission 2023: MBA
MBA is a 2-year fully residential flagship postgraduate program of VGSOM. Candidates are selected for the MBA program based on CAT entrance exam scores. The total fee of the program is INR 11.75 Lakhs.
VGSOM (IIT Kharagpur) MBA Eligibility Criteria:
- Candidates must have a Bachelor’s Degree (Minimum 4 Year Duration) in Engineering, Technology, Pharmacy, Medicine or similar discipline with a Minimum of 60% Marks (55% Marks for SC/ST/PwD) or
- Master’s Degree in Science or Economics or Commerce (with Mathematics or Statistics at Bachelor’s Level) with a Minimum of 60% Marks (55% Marks for SC/ST/PwD)
- Candidates in their Final Year of Graduation are also eligible to apply
VGSOM (IIT Kharagpur) MBA Selection Criteria:
Candidates pursuing MBA program from VGSOM must appear for the CAT entrance test. Candidates are shortlisted based on valid scores of CAT and Academic Scores. Shortlisted candidates are called for Final Selection which includes Personal Interview & Application Rating.
Read VGSoM (IIT Kharagpur) Admission Story Nisarg Panchal
VGSOM (IIT Kharagpur) MBA Cut-Off 2023
| Category | Percentile |
|---|---|
| General / EWS | 90 |
| NC-OBC | 80 |
| SC | 75 |
| ST | 75 |
| PwD | 75 |
VGSOM (IIT Kharagpur) MBA Application Ratings
Application Ratings assigned to Marks Secured in 10th & 12th Exams
| % Scored in 10th Exam | Rating Score A | % Scored in 12th Exam | Rating Score B |
|---|---|---|---|
| 85% to 100% | 3 | 85% to 100% | 4 |
| 75% to <85% | 2 | 75% to <85% | 3 |
| 65% to <75% | 1 | 65% to <75% | 2 |
| 55% to <65% | 1 |
Application Ratings assigned to UG & PG Degrees
| % score in B.Tech / BE. / B.Pharma | Rating Score C | % Score in BSc/B.Com/BA Exam | Rating Score D | % Score in MA(Eco)/M.Sc/M.Com/MCA Exam | Rating Score E |
|---|---|---|---|---|---|
| 90% to 100% | 7 | 80% to 100% | 4 | 75% to 100% | 3 |
| 80% to <90% | 6 | 70% to 80% | 2 | 65% to 75% | 2 |
| 70% to <80% | 5 | 60% to 70% | 1 | 55% to 65% | 1 |
| 60% to <70% | 4 |
Application Ratings assigned to PG Degrees in Engineering & Professional Exams
| Qualifications | Rating Score F |
|---|---|
| MTech/ME/MS/M.Pharma | 1 |
| Professional Qualifications such as CA / CS / CFA / CMA / FRM | 1 |
Application Ratings assigned for Work Experience
| Experience in Months | Days | Rating Score G |
|---|---|---|
| Below 6 Months | - | 0 |
| 6 Month | 180 | 3 |
| Upto 2 Years | 180 - 730 | 3+ (no. of days-180) x 0.003636 |
| Above 2 Years & Upto 5 Years | 731 - 1827 | 5- (no. of days-730) x 0.003646 |
VGSOM (IIT Kharagpur) MBA Weightage for Final Selection:
| Components | Weightage |
|---|---|
| Application Rating | 20 |
| CAT VARC | 20 |
| CAT DILR | 10 |
| CAT QA | 10 |
| Personal Interview | 40 |
| Total | 100 |
*Total of Rating Scores (A+B+C+F+G) or (A+B+D+E+F+G)
The Final Selection of the Candidate will be based on the Cumulative Score of Application Rating (AR), CAT Exam Scores & Overall Performance in the Personal Interview Process. Check IIT Kharagpur MBA Admission Process
VGSOM (IIT Kharagpur) Admission 2023: Executive MBA
Executive MBA (EMBA) is specially designed for Working Professionals. The Course Duration is 3 Years and it is spread across 12 Semesters. Students of the EMBA program earn the Degree of MBA from IIT Kharagpur. The total fee of the program is INR 6,00,000.
VGSOM (IIT Kharagpur) Executive MBA Eligibility Criteria:
- Candidates with a 1st Class Bachelor’s Degree in Engineering / Technology with a minimum of 60% marks (50% marks for SC/ST/PwD) or
- 1st Class Masters Degree in Science or Economics or Commerce (with Mathematics or Statistics at Bachelor’s Level) with a Minimum of 60% Marks (55% Marks for SC/ST/PwD) and
- Minimum 3 Years of Work Experience
VGSOM (IIT Kharagpur) Executive MBA Selection Criteria:
Candidates seeking admission to the Executive MBA program at VGSOM must appear for Written Examination Test & Personal Interview conducted by the institute. The Final List of the Selected Candidates will be made based on Overall Performance in Written Exam, Work Experience, Academic Scores & Personal Interview.
VGSOM (IIT Kharagpur) Admission 2023: PGDBA
Post Graduate Diploma in Business Analytics (PGDBA) is jointly offered by IIM Calcutta, IIT Kharagpur and ISI. PGDBA is a 2-year fully residential program. The total fee of the program is INR 25,00,000.
VGSOM (IIT Kharagpur) PGDBA Eligibility Criteria:
Candidate must hold a Graduate / Post-Graduate degree with any of the following: 10+2+4/10+2+5/10+2+3+2 with a Minimum of 60% marks in B. Tech./B.E./M.Sc./M.Com or equivalent).
For SC/ST and Person with Disabilities (PwD) category candidates, the qualifying marks for eligibility shall be 55% marks. Students in their Final Year of Graduation are also eligible to apply.
VGSOM (IIT Kharagpur) PGDBA Selection Criteria:
Candidates are shortlisted for the PGDBA program based on the PGDBA - 2023 Entrance Exam. Shortlisted candidates will be further called for Final Selection which consists of Academic Scores, Work Experience & Personal Interview.
VGSOM (IIT Kharagpur) PGDBA Weightage for Final Selection:
| Components | Weightage |
|---|---|
| PGDBA - 2023 Entrance Exam | 45 |
| Personal Interview | 40 |
| Academic Scores | 8 |
| Work Experience | 7 |
| Total | 100 |
VGSOM IIT Kharagpur PhD Admissions 2023
VGSOM offers a Doctoral Level PhD program. The institute offers PhD in the following specializations: Finance and Accounting, Marketing, Organizational Behaviour & Human Resources, Production & Operations Management, Business Analytics & Information Systems, and General Management. Candidates for the PhD program shall be awarded INR 31,000 for the first 2 years and INR 35,000 for the next 3 years.
VGSOM (IIT Kharagpur) PhD Eligibility Criteria:
- PG Degree with a minimum of 60% marks in aggregate in Engineering/Science or Commerce/Management/Law OR
- Minimum of 55% marks or a CGPA of 6.0 on a 10-point scale in Humanities/Social Science/MBBS degree and/or equivalent OR
- Students in their Final Year of Examination
VGSOM (IIT Kharagpur) PhD Selection Criteria:
Candidates interested in pursuing a PhD program from VGSOM need to appear for a Written Test conducted by the Institute. Final Selection for PhD program includes Overall Performance in Personal Interview, Academic Scores and Written Test.
FAQs
Ques. What documents are required for the VGSOM IIT Kharagpur MBA application process?
Ans. The candidates are not required to send any hard copy of the documents to VGSoM IIT-KGP. Further the documents needed to be uploaded while filling up the online application form, scanned copy of any age proof (For example – Voter ID, Passport, etc.), scanned copy of caste certificate (if applicable) ,scanned copies of all Academic Certificates, Proof of work experience(wherever applicable), Copy of CAT scorecard.
Ques. Is work experience compulsory for VGSOM IIT Kharagpur MBA admissions 2023?
Ans. TheVGSOM IIT Kharagpur MBA admissions are based on Application Rating (AR) which include components like Past academic performance, CAT Score, and Work Experience. There is a specific weightage allotted against, however based on past trends 20–30% weight age is given to work experience. Further the quantum of points scored by the applicant for work experience is also weighed on the number months experience.If the applicant has scored well in academics performance and CAT Score, then there are chances of the candidate getting selected.
Ques. What are the application fees for VGSOM IIT Kharagpur?
Ans. Application Fee for VGSOM IIT Kharagpur MBA/EMBA/PGDBA and Phd. admissions 2023 is as follows:
| MBA | INR. 1600/- (INR. 800/- for reserved category candidates) |
| Executive MBA | INR. 1000/- |
| PGDBA | INR. 2000/- (INR. 1000/- for reserved category candidates) |
| Ph.D. | INR. 1000/- (INR. 500/- for reserved category candidates) |
Oues. Are there any separate marks for Gender Diversity for admission at VGSOM IIT Kharagpur?
Ans. In the VGSoM IIT-KGP MBA admission process 2023 two marks will be given to all female applicants for Gender Diversity . However, the Gender Diversity component will not be considered for final composite score calculation. It will only be used during shortlisting of candidates for online personal interview process.
Ques. Is there any entrance exam for admission to VGSOM IIT Kharagpur?
AnsAdmission to MBA courses at VGSOM IIT Kharagpur is based on merit in CAT/ GMAT. Admission to EMBA, Ph.D. and PGDBA courses at VGSOM IIT Kharagpur is based on scores obtained in the written entrance test followed by a personal interview conducted by the university.
Ques. How are the faculties at VGSOM IIT Kharagpur?
Ans The faculty of VGSOM IIT Kharagpur are highly educated and have relevant teaching experience. They are good at demonstrating their subject-related knowledge. They are very supportive and have a good enough role in grooming the personality of the students.
Ques. What are the eligibility criteria for getting admission into VGSOM IIT Kharagpur?
Ans Candidates must have a Bachelor’s degree in relevant disciplines for getting admission into MBA and EMBA. Candidates must have passed Graduation or Post Graduation in relevant discipline for taking admission into PG Diploma in Business Administration. Candidates must have a Postgraduate degree with at least 60% for taking admission into VGSOM IIT Kharagpur.
Ques. How does the final selection take place at VGSOM IIT Kharagpur?
Ans Candidates are selected for admission to the 2023-25 batch from among the candidates who attend the PI, with 40% weightage given to PI, 20 % to Application Rating (AR) and 40% to CAT score at the final stage of selection to arrive at the Aggregate Score. Selection will strictly be based on ranks on the Aggregate Score.
Ques. How do I apply for VGSoM?
Ans Candidates seeking admission at VGSoM are required to visit the official website of VGSoM IIT Kharagpur and should fill the online application form after they successfully match the eligibility criteria.
Ques. Does VGSoM have a sectional cutoff?
Ans No, VGSoM has an overall cutoff and not sectional cutoffs. The overall CAT cutoff for the general candidates is 90 Percentile.
Ques. Is VGSOM MBA good?
Ans. VGSOM is one of the best college for MBA. VGSOM has highly Qualified Faculty members.
| COURSE | ADMISSION LINK |
|---|---|
| MBA Executive, Management Development Programme, Ph.D. Management Studies, MBA Human Resource Management, MBA Marketing, PGDBM, | Admission Link |
VGSoM Admission 2024 Dates
Important Events
| Event | Date |
|---|---|
| Declaration of Admission Results (MBA) | May 01, 2024 - May 05, 2024 |
| Personal Interview for Shortlisted Candidates (PGDBA) | May 11, 2024 - May 12, 2024 |
| Announcement of List of Selected Candidates (PGDBA) | May 24, 2024 |
| Last Date to Submit Online Application Form (EMBA) | May 31, 2024 (Tentative) |
College Compared
Popular Colleges Compared With Vinod Gupta School of Management - [VGSoM]
Ranking
#47 by NIRF
Avg Fees/Year
₹ 3,50,000
Ranking
#28 by Financial Express
Avg Fees/Year
₹ 8,60,000
- Stream
- Course Tag
- Course
- Batch
Management (5)
Reviews found (5)
Remarks:
The eligibility of the course:- Bachelor in engineering and technology or master in any stream like arts, science mathematics, commerce, etc All the detail about the admission-related process will be found on the college website www.vgsom.com. Details related to Reservation benefits will be found in the site fee structure Improvements like the admission process should start early and graduation marks weightage should be a little low
Read Full Review 0 0
Reviewed on January 24, 2023|
Remarks:
Requires a Bachelor of technology/ engineering or master in arts/ science/Medicine or commerce for eligibility. you can find the form at the college website of www.vgsom.com There is less educational profile diversity
Read Full Review 0 0
Reviewed on January 19, 2023|
Remarks:
Bachelor in engineering and technology or Master in Arts, Science, or Medicine. The website to refer- www.som.iitkgp.ac.in Improvement towards an increase in gender diversity ratio and increasing CAT weightage.
Read Full Review 0 0
Reviewed on January 18, 2023|
Remarks:
Eligibility Bachelor's degree in Engineering and Technology Or master's degree in arts, science, etc Application form details will be found on www.vgsomiitkgp.com details of Reservation will be given in the site vGSoM iitkgp admission and fee structure Yes, Improvements like less Weightage of graduation marks should be considered and gender diversity should be increased
Read Full Review 0 0
Reviewed on January 17, 2023|
Remarks:
ELIGIBILITY Bachelor's degree in Engineering/ Technology or Master's degree in science, arts, commerce, etc. Reservation Benefits are here like tuition fees waived for ST/SC/PED. Criteria of Admission change every year, No uniform weightage for 10th, 12th, and graduation marks, graduation marks have very high weightage and PI is the game changer which is again a win or loses the game.
Read Full Review 0 0
Reviewed on January 16, 2023|
Answered Questions
Vinod Gupta School of Management - [VGSoM]: 14 answered questions
Ques
How was your IIT Kharagpur VGSoM interview?
Ans
VGSoM at the Indian Institute of Technology (IIT) Kharagpur conducts a rigorous interview process as part of its admission criteria for MBA and other management programs. Here are some things to expect during the VGSoM interview:
Personal introduction: The interviewers may ask you to introduce yourself and give an overview of your academic and professional background.
General questions: The interviewers may ask you general questions about your interests, hobbies, and current affairs. These questions are intended to assess your communication skills and your ability to think on your feet.
Academic questions: The interviewers may also ask you questions related to your academic background, including your undergraduate studies and any relevant coursework or projects. They may also test your knowledge of basic business concepts.
Case studies: VGSoM is known for its case-based approach to teaching management. Hence, the interviewers may ask you to analyze a case study and provide your insights on the same.
Group discussion: In some cases, VGSoM may conduct group discussions as part of the interview process to assess your team-working skills and your ability to communicate and present your ideas effectively.
Industry experience: If you have relevant work experience, the interviewers may ask you questions related to your industry experience, including your job responsibilities and achievements.
Overall, the VGSoM interview is designed to assess your communication skills, analytical thinking, and suitability for the management program. It is essential to be well-prepared and confident during the interview to make a good impression on the interviewers.
Ques
Which college should I join, VGSoM (IIT Kharagpur) or IIM Udaipur considering the IIM tag and ROI (in favor of VGSoM)? I am inclined towards an MBA in marketing.
Ans
For an MBA in Marketing, IIM Udaipur is a better option than IIT Kharagpur. Being an IIM, it offers a more suitable environment for management studies. The faculties are the best in their field. IIM Udaipur placements are great. The placement average is around 100%. The batch of 2022 received an average CTC of around INR 17.5 LPA. While the highest CTC offered was INR 35 LPA. The return on investment for IIM U is decent.
IIT KGP is mostly known as a technical institute, for an MBA, IIM Udaipur is better.
Ques
What's your choice, IMT Ghaziabad (PGDM marketing) or VGSoM, IIT Kharagpur (operations management)?
Ans
When it comes to choosing between IMT Ghaziabad and VGSoM, IIT Kharagpur for a management program, it is important to consider the specific strengths of each institution. IMT Ghaziabad is well-known for its marketing program and has a strong network of alumni in the corporate world. On the other hand, VGSoM, IIT Kharagpur is known for its operations management program and has a strong reputation as an institution of the Indian Institutes of Technology (IITs).
It's important to note that while IITs may not have the same level of business school experience as some other institutions, they are renowned for their strength in certain areas of study, such as operations management. Additionally, VGSoM, IIT Kharagpur holds a good return on investment factor.
Ultimately, the choice between IMT Ghaziabad and VGSoM, IIT Kharagpur will depend on an individual's interests and career goals. If one is interested in marketing or other majors, then IMT Ghaziabad would be a good choice, and if one is interested in operations management, then VGSoM and IIT Kharagpur would be the better choice. Both institutions have their own unique strengths and reputations and ultimately, it's important to pick the one that aligns with your goals and interests.
Ques
How is VGSoM IIT KGP as compared to NMIMS Mumbai?
Ans
VGSoM is a Business School, focused solely on offering full-time residential management degrees available in various streams, as opposed to NMIMS, which expands to offering UG, PG, and diploma degrees in law, Commerce, Engineering, Arts, and Science degrees to thousands of students each year.
Here are some highlights of both of these universities.
Parameters
VGSoM IIT KGP
NMIMS Mumbai
Institute Ranking (India Today)
22
9
Placement Percentage
100%
100%
Average Fee
INR 5.22 LPA
INR 9.25 LPA
Average Package (MBA)
INR 18.1 LPA
INR 18.33 LPA
Hostel Fee
INR 22300
INR 1,80,000
Admission Criteria:
Both of these universities follow merit-based admissions, from scores determined by entrance exams and written tests.
VGSoM, IIT KGP: MBA aspirants are required to have a graduation degree along with CAT exam scores.
NMIMS, Mumbai: MBA aspirants are required to score 50% in their graduation degree and have the NMAT entrance exam scores.
Infrastructure:
VGSoM, IIT KGP:
VGSoM campus is a part of the 2100 acre IIT KGP hold, settled in the heart of the city.
The campus houses massive classrooms, computer & IT labs, auditorium, cafeteria, hostel, sports complex, among other basic amenities.
NMIMS, Mumbai:
NMIMS is housed with a new campus with world-class amenities and state of the art technology, stretching across its 3,50,000 square feet campus.
The new campus has a 10-story building, housing 60 classrooms, a massive library, conference rooms, placement hall, examination hall, and other offices.
Placement:
VGSoM, IIT KGP:
Over 70 recruiters participated in the campus drive, driving talent from VGSOM.
The packages vary from 10 LPA to 30 LPA, each year.
From the 2018-2020 class, the highest package rose up to 29 LPA, with the average being set at 18.1 LPA.
NMIMS, Mumbai:
NMIMS holds annual placement drives with a success rate of 100%.
As per the recent cycle, the highest package offered to students was 30.37 LPA, whereas the average salary package offered to students came up to approximately 17.97 LPA.
Bank of America, Deloitte, Vedanta, Accenture, Amdocs, Aditya Birla, and Google are some of the highest paying companies pooling talent from NMIMS every year.
All the institutes run a tight ship and deliver great results, given the atmosphere. Here, VGSoM has a better edge when it comes to Management degrees. Students must consider the college with the best Return on Investment ratio and teaching environment.
Ques
Which is better in terms of placement and brand value, JBIMS Mumbai or VGSOM IIT Kharagpur?
Ans
Both the colleges are reputed among students and offer decent ROI, a well-connected alumni network, and good placement opportunities.
Let’s have an overview for both the colleges one by one.
JBIMS:
The average package offered went up to Rs.22.84 LPA in 2020 from Rs.20.13 LPA last year. The best package increased to Rs.34.36 LPA in 2020 from Rs.32.30 LPA last year. The median salary increased to Rs.22 LPA in 2020 from the previous year.
The course fee for JBIMS is 7-1.52 lakhs.
JBIMS accepts admission through CAT/MH-CET.
VGSoM:
The average salary rose from Rs.15.50 LPA last year to Rs.23.20 LPA in 2020. The highest pay offered was Rs.20.50 LPA. The median salary increased from Rs.14.76 LPA last year to Rs.16.99 LPA in 2020.
VGSoM charges around 10 lakhs for MBA.
VGSoM takes admission based on CAT scores.
JBIMS Mumbai offers MIMS while VGSoM offers MBA. Both the institutes are good.
Ques
What is it like to do an MBA from an IIT (VGSOM, SJMSOM, etc.)?
Ans
With admissions into colleges like Vinod Gupta School of Management (VGSoM) and Shailesh J. Mehta School of Management (SJMSOM), ranking 5th and 10th respectively on the prestigious NIRF chart, students get a chance to be a part of an unmatched academic legacy. Currently, there are 20 IIMs in India. Achieving a slot in the most competitive programs in the entire country is indeed prestigious.
IITs have brought down their fee structure to ranging between 2-8 lakhs, making it affordable for students from all walks of life.
Out of the 23 IITs of India, seven offer MBA courses. All of these colleges find a remarkable ranking in prestigious chartings.
As per the NIRF-MHRD, IIT Delhi, IIT Bombay, and IIT Kharagpur rank in the top ten MBA institutes of India.
Eligibility:
Aspirants are required to clear the eligibility for individual institutes such as Written Tests, Group Discussions, and Personal Interviews.
The admission process is similar for all of these colleges, but the programs, fee structure, and placement cycles are different.
Each IIT Management college offers the flexibility to choose the electives and specialization in their courses.
Placement Opportunities:
The IIT ecosystem offers students immense consulting and research opportunities.
The average salary offered by IITs ranges from 11 LPA to 12 LPA, as opposed to the average fee being 8 LPA.
Amazon, Bank of America, KPMG, McKinsey, JP Morgan Chase, and Wipro are some of the top recruiters of the IIT Management placement drive.
Colleges like VGSOM are prepared to offer a better course catalog, backed with a handsome placement cycle, hence they are worth the investment.
Ques
Which would be a good option, VGSOM or IIM Rohtak?
Ans
VGSoM is ranked 5th in the prestigious NIRF ranking for its management program, whereas IIM Rohtak nabs its 21st position. While VGSoM has positioned itself as a premium Business School in 2020, IIM Rohtak has been overtaken by a crowd of other IIMs, due to lack of funding and exposure.
Academics:
While VGSoM offers a traditional 2-year full-time MBA degree and 3-year Executive MBA.
IIM Rohtak offers PGP, Executive PGP, and IPM (Integrated Program in Management), a five-year integrated course, covering bachelor and graduate framework.
VGSoM offers an MBA as a two-year course at a fee of INR 12,22,200 Lakhs.
IIM Rohtak charges INR 4,95,000 Lakhs for the first year of the IPM course. The course fee for PGPM is 16 lakhs for 2 years.
Infrastructure & Facilities:
VGSoM:
VGSoM campus is situated at the extension of the 2100 acre IIT KGP hold, settled in the heart of the city.
The campus houses massive classrooms, computer & IT labs, auditorium, cafeteria, hostel, sports complex, among other basic amenities.
IIM Rohtak:
The college campus is sprawled over 200 acres of land, accommodating more than 20 buildings designated for each other's respective purposes.
The classrooms are air-conditioned and well-furnished with audio-visual arrangements and proper lightning.
The campus has 24-hour electricity available, with separate Wi-Fi zones and LAN privileges.
The college has affordable, separate hostels for boys and girls.
Placements:
VGSoM:
Over 70 recruiters participated in the campus drive, driving talent from VGSOM.
The packages vary from 10 LPA to 30 LPA, each year.
From the 2018-2020 class, the highest package rose up to 29 LPA, with the average being set at 18.1 LPA.
IIM Rohtak:
The college has a placement rate of 100%.
Over 90 distinct companies pool talent from the college, with a number of variable recruiters going as high as 40.
The highest package offered in the most-recent academic cycle is INR 24 LPA.
The average salary offered is an impressive INR 13.7 LPA.
Companies such as ICICI Bank, CDE Asia, Microland, IVP, and Arcesium are some of the top recruiters which visit the campus for the placement season.
Both of these colleges outperform the rest of the competition in terms of placements. IIM indeed takes a superior lead when it comes to NIRF rankings. Students must consider the options in terms of infrastructure and facilities. With lowered fees and a stronger placement cycle, VGSoM takes an edge here.
Ques
How is VGSoM for finance?
Ans
Out of the seven streams of MBAs offered by VGSOM, finance stands out for its excellent placement record and practical tutoring.
As NIRF ranks VGSOM at 5th place in its overall ranking of Management program, it can be said with affirmation that the institute is excellent in its finance coursework and teaching.
Here are some reasons to support this.
Admission:
VGSOM offers two classes of the course MBA and Executive MBA.
There are 140 seats in each batch, a portion of which is reserved for the finance students.
The entrance for both is done through the Written Aptitude Test (WAT) and Personal Interview (PI).
The MBA fee in VGSoM for the first year is INR 521,900.
????Infrastructure & Faculty:
VGSoM campus is situated at the extension of the 2100 acre IIT KGP hold, settled in the heart of the city.
The campus houses massive classrooms, computer & IT labs, auditorium, cafeteria, hostel, sports complex, among other basic amenities.
?????Placement:
The campus invites over 70 recruiters for participation.
In the latest placement cycle, the highest package offered was 29 LPA, and the average package offered was 18 LPA/
Across all streams, the package varies from 10 LPA to 30 LPA each year.
In the two-year MBA course-work offered by VGSoM, aspirants aiming for a degree in Finance need to look no further and lock VGSoM as their top choice.
Ques
How are the placements at VGSOM, IIT Kharagpur?
Ans
VGSOM, a Business School extension of IIT Kharagpur's engineering college, offers 2-year MBA degrees and 3-year post-graduate MBA degree and P.hD curriculums to thousands of deserving students each year.
Keeping up with the campus drive of the last 5 years, the college recorded 100% placements for students of the 2018-2020 batch. More than 130 offers across IT, Manufacturing, BFSI, and E-commerce sectors were received by eligible graduates. The institute is ranked 6th by the prestigious NIRF ranking.
Overall Placement:
Over 70 recruiters participated in the campus drive, driving talent from VGSOM.
The packages vary from 10 LPA to 30 LPA, each year.
Each bath has 128-130 students, with all of them receiving reasonable offers each year.
From the 2018-2020 class, the highest package rose up to 29 LPA, with the average being set at 18.1 LPA.
2018-2020 Placement:
The 2018-2020 placement cycle set many records in terms of package offerings and student acceptances.
The batch achieved 100% placement in terms of internships and job offers, with the highest stipend being 2.9 LPA, and an average setting up to 1.07 LPA.
Over 70 recruiters pooled talent from the class of 2020.
Deloitte, Ford, Nissan, Google, PwC, and Amazon count among the top recruiting class.
In the academic year of 2018-2020, the placement cell saw an upward trend, with the highest CTC being INR 29 LPA.
INR 9.55 LPA was the minimum offer attracted by qualified graduates.
The median CTC of the top 25% of the 2020 batch is INR 23.2 LPA.
The median CTC of the rest of the class is INR 16.99 LPA.
Sectors
Placement Rate
Leading Recruiters
IT/ITES
11%
Facebook, ITC, Genpact, Infotech, Bloomberg
Consulting
26%
PwC, Ernst, Mckinsey & Co., Deloitte, Axtria
BFSI
12%
HSBC, IDFC Bank, Oxane Partners
Analytics
15%
Accenture, Axtria, Loadshare
Sales & Marketing
17%
Amazon, Arvind, Titan, Texas Instruments, Crompton
Operations
19%
Ford, ITC, Vedanta, Copart, Mahindra
VGSoM runs an extremely sophisticated placement cycle, and positions such as Sales Management, Business Analyst, IT Consulting, Product Management, Financial Advisory, IT Consulting, and Business Advisory are offered in each academic cycle. Considering the handsome Fee to Package ratio, VGSoM is pretty good at placement.
Ques
Which would be a better choice for an MBA-IMI/VGSoM?
Ans
There are some assumptions that help to select any business school. And they're valid for all top business schools at least the top 20. Go through these assumptions and see which B-Schools are closest to them.
The table given below shows a detailed overview of the institutes.
Particulars
IIT Kharagpur VGSoM
IMI
Median Salary
Rs 16.29 LPA
Rs 27.5 LPA
Entrance Criteria
CAT
CAT/GMAT
Fees
Rs. 10,82,000
Rs. 27,00,000
Deciding Factor:
Many Business schools today are student-driven businesses and it has nothing to do with anyone else. No other factors such as faculty, infrastructure, knowledge capital do not matter as much. If the infrastructure were the issue then FMS or JBIMS would have been a long way behind. Most of the reputed B-Schools are all about their students, clubs, events, committees, placement drives, etc.
Alumni is one of the most important factors to consider for choosing a B-School. That is why many management institutes like FMS, JBIMS, IMT- GZBD thrives.
What activity you are deciding on, in an enterprise college is categorized into clubs and committees, business college events (this one receives you plenty of prize cash too), academics (good academics and accurate CGPA offers better placements).
Rankings no longer matter much for the pinnacle 10–15 schools.
Placements depend a lot on alumni base and past history. For most business schools the percentage of companies coming back for placement is around 50%. It is all about reinventing the contacts and alumni are the best options for that.
You may hear a certain institute is better for Finance or Marketing. Which is not entirely true. Placement depends on hard work.
Go through the factors given above and choose the institute that fits these factors.
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