In India, If MBA is a topic of discussion, IIMs are the institute every MBA aspirant is ambitious about. The Indian Institutes of Management (IIMs) are a group of 20 public, autonomous institutes of management education and research in India. Every year approximately 3500 students get to graduate from IIMs and more than 2lakh candidate gives CAT exam for admission into IIMs. Thought CAT is not just for IIMs but many more other institutes also consider CAT score for admission.
If any person introduces himself as a student of an IIM, He will be assumed as the person of an intelligent mind and high success or very attractive academic background. And it’s true, most specifically if we talk about the top 6 IIMs no student will have an average or poor academic background. All we know that there are 5 factors on the basis of those a candidate gets admission to IIM.
- CAT score.
- Class 10th and 12th Marks.
- Graduation Marks.
- Work Experience (if any).
- Academic Excellence.
Every time a person thinks of doing Post graduation from IIM, He first turns back and checks whether his academic score is good enough or not. It’s the harsh reality of IIMs, That even after scoring well in CAT (95%ile +) the possibility of getting admission in IIMs with the poor or average academic past score is less than 1%.
Q. WHY IIMs ONLY PREFER CANDIDATES WITH HIGH PAST ACADEMIC SCORES?
There are two reasons because of which candidates with low academic scores can’t make it to IIMs.
- Good past academic scores of the students assure better results in the future.
An institute is as good as it’s students. To maintain the status of being such a top leveled institute, It is very important to have students with high academic profiles. Good academic scores show the capability and the sincerity of the Candidates. which assures good performance in the future by the candidate.
- Corporate demands for such students.
If we see IIMs placements it surely far better than any other institute in India. The Reason for such impactable placements is the quality of the students IIMs have. Corporate demands for the students with a high academic score and overall a good profile.
Q. WHAT CAN A ASPIRANT WITH LOW OR AVERAGE ACADEMIC PROFILE DO?
No doubt IIMs are the best, But they are not the only one.
Here is the list of all those top-leveled Colleges/Institutes which don’t prefer very good academic scores:
FMS (Faculty of Management Studies)
It had an interview call cutoff of 98.56 this year, and 98.73 last year. If you score that much, you have a shot at FMS because people have been known to convert the call despite a whopping 70% weight to the score. What the very high written weight also means is if you have scored a sufficiently high score, say in excess of 99.8+ you are practically assured of a seat. Of course, there have been cases of students being rejected at outrageously high percentiles as well, but one cannot account for the subjectivity in the process, and so one must trust the math that if the weight for the written score is 70% for final conversion, a sufficiently high score like I’ve mentioned should result in a conversion.
Another one of the older IIMs and it has some academic and diversity-related freebies, but anything that has even a mathematical possibility of working out is good enough for the determined candidate, especially when the stakes are so high, and the returns are of this magnitude. Work-ex would definitely help, Diversity is gold, Academics could help as well, but even without all these if you can score in excess of 99.8 percentile, L could be a realistic option to look at.
XLRI (Xavier Labour Relations Institute)
This institute is probably the savior among this lot for people with a dented past. There is no mention of any kind of criteria involved anywhere, at least officially. This year, people with good profiles (good work-ex and good extracurriculars) have made it despite having average academic scores. Hell! Even people with a less than average profile and poor academic scores have made it with a good XAT score and a great GDPI process. So, if one has to realistically aim a particular college in the higher echelons of institutes in the country, XLRI has to be one of them. The percentile cutoffs are pretty low as compared to other colleges provided you clear the sectionals, which is probably the real game in its entrance. Anyway, one of the best shots any guy with an average profile has.
JBIMS (Jamnalal Bajaj Institute of Management Studies)
JB works in a very simple way. Crack the entrance, get admissions. Yes, that simple. Of course, if something sounds that simple there has to be a catch, right? The catch is there are only 18 seats for General All India students, only 38 seats for General Mumbai University candidates, and so on, and the number of applicants is usually above 20,000, going by this year’s numbers at least. This year GDPI was scrapped due to a timeline crunch, but even when they had GDPI, the written score’s weight was a whopping 83.33%. So, as I said, if you can crack its entrance, you have practically bagged a seat there and then which makes a finance god located in the commercial hub a great target for people with a less than perfect profile, but high entrance aptitude.
MDI (Management Development Institute)
Till last year, MDI’s final admission list looked like it was arranged in descending order of percentiles with some anomalies here and there. I am saying this because almost everyone who scored above 98.73 converted MDI PGPM, while no one below 97.5 converted any course there. This year though, it seems like they’ve had a change in their policy since the converts are well spread out from the high 99s to even low 96s percentiles. Calls are given to everyone who has applied and has a percentile above 95. Even when the implicit criteria has changed this year, academics and other factors apart from your performance in the GDPI round seem to have played only a minor part, because people with average academic scores have also made the cut. So a quality institute with a process that gives everyone a chance should definitely be on everyone’s list ideally.
IIFT & NMIMS
Both colleges have an independent entrance exam with different formats and sections, no significant weight on academic scores or profile in general, and a very high score in their entrance exam generally leads to a convert. Also, the entrances are challenging but not difficult, since they test your time-management instead of your ability to crack outrageous math or unreadable passages. So someone who may not really have an aptitude for the entrances, but may just be smart enough to manage the right strategy well could crack the entrance and consequently crack the college. Also, the fact that both colleges offer really great courses, IIFT with their niche IB course not available in any top institute, and NM with their rich industry interface and great curriculum gives one a lot of incentive to target and crack these institutes.
So, this was my list of colleges, of course, there are other colleges I’ve not included here, but they are either out of my reach criteria-wise, or I would not like to join them. Whether I would join an institute or not is purely a reflection of my preferences and where I am at in my life, then the reputation or caliber of any particular institute and I urge the readers to not rank colleges accordingly as well.
It is very important that you know your targets and manage your expectations accordingly so that once you manage to score a particular percentile, you are not disillusioned by the calls you get and it does not hurt your GDPI preparation. Also, when you know what you are targeting it is easier to sharpen your ax accordingly.
NITIE (National Institute of Industrial Engineering)
NITIE doesn’t explicitly mention anywhere whether they have any specific weight for any particular parameter except your performance in the GDPI round. The percentile cutoff is in the mid-97s, and it seems that all you have to do once you have a percentile in excess of their cutoff is impress the panel. They do seem to have a certain preference for candidates with work-experience, but that seems reasonable for a college that is supposed to be a mecca for Operations since one needs work-ex for the course in operations to add any significant educational value. So “God’s own campus” with its straightforward and apparently fair process should definitely be on your hit-list.
I HOPE IT MUST HAVE HELPED YOU.
IF YOU HAVE ANY DOUBT, YOU CAN ASK IT UNDER COMMENT SECTION.