When considering graduate business programs, it is important to weigh the various factors that may influence your decision. IIT Kharagpur's Vinod Gupta School of Management (VGSoM) has a long legacy and robust alumni network, spanning over 25 years. In contrast, IIM Nagpur, a newer institution, has graduated only three batches so far. VGSoM also boasts a spacious campus of 2100 acres, while IIM Nagpur does not have its own campus.

While the fees for both programs are roughly the same, the average package at VGSoM is significantly higher at INR 19.36 LPA compared to INR 13.21 LPA at IIM Nagpur. However, IIM Nagpur does offer a unique opportunity for students to spend one trimester at IIM Ahmedabad and receive mentorship from the institution's faculty. Additionally, for some individuals, the IIM tag may hold additional prestige.

It's worth noting that the IIM tag is highly respected for older IIMs and certain regional campuses such as IIM Trichy, IIM Udaipur, and IIM Ranchi. However, for baby IIMs like IIM Nagpur, the tag may not hold as much weight when compared to an esteemed institution like VGSoM which holds the IIT tag and offers an MBA program that is semester based, while IIM Nagpur offers a trimester-based postgraduate program.