A wonderful way to develop in your profession is to pursue an MBA. Although the course is offered by many institutions, earning a degree from a reputable institution, particularly an IIM, is always more valuable. IIMs are one of India’s most prestigious business schools, offering top-tier education and guidance from the best minds.
Read on to learn more about the advantages of enrolling in an IIM MBA programme:
A degree from a prestigious university and faculty
Since IIM is one of the best universities in the nation, it makes sense that they would have the best teachers. What more compelling motivation could there be to enroll in an institute than to study under the most accomplished professionals? Students learn a lot from IIM professors while working because the majority of them are also consultants, demonstrating how knowledgeable they are in their particular fields of expertise.
Better prospects for employment
It is not surprising that prominent organizations are constantly looking to hire students given the high caliber of education they get. The IIM name on your CV will actually help your application stand out from the competition. This is extremely effective in a market that is flooded with job seekers. With such a portfolio, a recruiter would undoubtedly want to meet you rather than just look at your resume. Companies that regularly seek out IIM graduates include:
- JP Morgan Chase
- Morgan Stanley
- Goldman Sachs
- ICICI Bank
In comparison to other students, the student is sure to receive a higher salary due to the excellent abilities they have earned while studying at a reputable IIM. An IIM graduate can anticipate a salary that typically ranges from 10 to 20 lakhs annually. Nevertheless, there have been instances in which the best IIM students obtained CTCs ranging from 70 Lakhs to 1 crore. International IIM students can also anticipate excellent compensation.
There is potential for entrepreneurship
Graduates from IIM are free to try their hand at entrepreneurship; however, if they decide to change their minds and choose full-time employment instead, their CVs will still be highly valued despite the time gap. There aren’t many students at other institutions who may claim this perk.
The chance to converse with the nation’s brightest brains
Only the top students should be admitted to IIM given the high standard of instruction and rigorous entrance requirements. As a result, you will have the opportunity to collaborate with some of the nation’s top thinkers. This is a significant advantage of attending an IIM.