It’s that time of the year when the final results will be out, and there will be the fortunate few who will face the quandary of “which B-School to join” – thanks to securing multiple ADMITs. The answer to this question is generally easy when there is a perceivable difference in the rating of the institutes involved – but when the colleges are too close to each other in terms of perception as well, the decision making becomes a tad bit confusing. The choice between IIM Indore and IIM Kozhikode is one such quandary that students have faced over the years. In this post I will attempt to answer the question, “Should I join IIM Indore or IIM Kozhikode”.
The usual perception is that IIM Kozhikode is better as it has fewer students to take care of – with fewer students, one would want to believe that IIM Kozhikode would offer more opportunities in terms of both the quantity & quality of placements. However, if you are going to be among the better performers in any of these institutes, this parameter will hardly carry any importance.
The fees for both the B-Schools stand at Rs 13 Lakhs for the 2 years. So, fees will definitely not be a criteria while choosing among the two colleges.
IIM Indore has a greater proportion of freshers and recent graduates while IIM Kozhikode has a higher proportion of working professionals in their cohort. So, your work experience or lack of it may very well be a factor while deciding which of these B-Schools to join.
Quality of Education: Faculty, Library, Research & Publications
The data shows that there is not much to choose between the two B-Schools in terms of quality of education – you can rest assured about this aspect irrespective of which B-School you choose between the two.
P.S: IIM K’s expenditure on sports and extra-curriculars seems to be significantly greater than that of IIM Indore. So, if you lay a greater weightage to campus activities, you may just choose IIM Kozhikode over IIM Indore:-)
Placement – Statistics
The average salary of IIM K students is comparatively higher than that of IIM I students – probably because of the difference in student intakes. However, it is interesting to note that the average salary of Top 50, 100 & 200 students are almost the same for both institutes. So, if you are among the better student performers in either of the B-Schools, your placement opportunities should be more or less similar. The proportion of students getting pre-placement offers (PPOs) is also almost the same for both the B-Schools.
Major Recruiters: Function-wise
While the recruiter lists for the two B-Schools almost match each other, IIM Indore has a larger proportion of its students joining Finance, IT & General Management and IIM Kozhikode has a higher percentage joining Consulting, Sales & Marketing, Strategy and Operations. Compare the recruiter lists and if you are interested in those specific firms that go to only one of the two institutes – that may be a deciding factor for your final choice.
PS: The list of companies is indicative and as per the placement reports of the respective B-Schools. Please check the individual placement reports for a comprehensive list.
Major Recruiters: Sector-wise
If you wish to work in specific industries post your MBA, you may wish to look at the sector-wise breakup of the placements at the 2 institutes. While IIM Indore has a substantially high number of placements in the BFSI sector, IIM Kozhikode scores in the Consulting & Conglomerate jobs. Both institutes are more or less at par when it comes to other sectors.
IIM Kozhikode and IIM Indore are equals on most of the parameters and in the long run choosing either of them will only have a positive impact on your career prospects. You may choose one institute over the other because of the specialization you wish to pursue or the sector you wish to work in. IIM Kozhikode students will swear by the beauty of their campus – IIM Kozhikode has probably one of the best campuses amongst all IIMs. So, if a beautiful campus is one of the parameters you are looking for, then IIM K will be your natural choice:-)
Data Source: NIRF website (www.nirfindia.org), IIM Indore website, IIM Kozhikode Website
Disclaimer: While due care has been taken while compiling this blog – the author advises all aspirants to do their own due diligence before using or acting on the data provided.