IIM Trichy: ROI, Placement, Campus Life, Eligibility, Selection Procedure & More.
IIM Trichy, a relatively newer institute when compared with the likes of the first generation of IIMs has been one of the fastest growing institutes in the country ever since its establishment back in 2011. This decade long journey has seen the institute being ranked at number 15 by NIRF among all the B-Schools in the country, and number 7 in the list of the 20 IIMs. However, none of this comes as a surprise, the institute was always destined for such rapid growth. Historically, Trichy has been a land of scholars and other great institutes like NIT Trichy et cetera. One of the reasons for this IIM’s growth has been the dynamic leadership which has overseen its rise from ‘just another IIM’ to one of the ‘top IIMs in the country’. This article will cover all the reasons as to why one should pick IIM Trichy over its other counterparts from the same tier of colleges and why it will prove to be a prudent choice come the admission season, and not to mention the fact that now the college has also started a new program dedicated to the future HR personnel of the country.
- ROI:
As a future business leader, one thing that should always be a consideration before making an investment should be the ROI (return on investment). So how does IIM Trichy perform on this aspect? Well, the average placement for a student is Rupees 14.96 Lakhs. But of course, ROI is always mentioned with respect to the investment made. So the fee that is charged for the two-year flagship program as well as the HR program is Rupees 16.5 Lakhs. To put things into perspective, the next best IIM in the same tier of colleges (as ranked by NIRF), IIM Udaipur has an average placement of Rupees 13.84 Lakhs for a fee that stands somewhere around Rupees 17 Lakhs. Clearly, there is only one winner here. Also it would be irresponsible on my part to not remind you of the value that the ‘IIM’ tag caries in the initial few years of your corporate career.
- Placements:
You say MBA, people hear high paying jobs with good roles. The placement scene at IIM Trichy has not only been promising but some of the numbers posted by the institute over the past couple of years has been nothing short of remarkable. So here’s a brief gist of what to expect: Average student? Well, high chances of bagging yourself a placement of around 14.96 Lakhs. Scared that the engineers on campus might take away the good jobs? Well, the good news is that there has been an increase of 31% in the average CTC among non-engineers. Like your summer internship role and want to work full time? The institute has seen an increase of 236% in the number of pre-placement interviews and pre-placement offers over the past year. Some of the biggest companies visiting the campus include McKinsey and Company, Goldman Sachs, JP Morgan Chase & Co., Amazon, Avalon Consulting, Value Labs, Dabur et cetera.
- Campus life:
Step into the 172-acre world of IIM Tiruchirappalli and you’ll find yourself lost in the beautiful skies that Trichy has to offer. This state of the art campus has been hailed by its former director Mr. Bhimaraya Metri as the best campus among all of the IIMs and one which could even give the foreign institutes a run for their money. The campus is teeming with life throughout the day, whether it be the students going towards to Academic Block, the Student Mess, the Night Canteen, the Sports complex or even their hostels. Each student gets a single occupancy room irrespective of the year that they are in. The institute also boasts a one of a kind Learning Resource Centre which acts as both an offline as well as an online library. This campus is one of the first IIMs to adopt solar energy as a way to move forward and installed an entire grid of solar panels for the future.
Check out this video to know more about the life at IIM Trichy: youtube.com/watch?t=14s&v=ZhDyYH1F18Y
- Eligibility:
For both the programs, the eligibility remains the same. The candidates must hold a Bachelor’s Degree, with at least 50% marks or equivalent CGPA [45% in case of the candidates belonging to Scheduled Caste (SC), Scheduled Tribe (ST), and Differently Abled (DA)] awarded by any of the Universities incorporated by an act of the central or state legislature in India or other educational institutions established by an act of Parliament or declared to be deemed as a University under Section 3 of the UGC Act, 1956. Candidates appearing for the final year bachelor’s the degree/equivalent qualification examination, and those who have completed the degree requirement and are awaiting results can also apply. The candidates are required to have obtained at least 50% marks or equivalent till the latest examination.
Selection Procedure: For both PGPM as well as PGPM HR, the first round of selection is shortlisting for the WAT-PI process based on CAT Percentiles.
Post the personal interview and the written analysis test, the scores from the WAT-PI round and other factors are taken into consideration for final selection.
For PGPM, the following is the breakdown for the final composite score responsible for the admission:
- CAT score:50 percent weightage.
- Written Analysis Test (10 percent weightage):
Vocabulary, the content of writing and writing skills
- Personal Interview (18 percent weightage):
- Communication Skills
- Academic Ability
- Current Affairs & General Awareness
- Managerial & Leadership Abilities
- Co-curricular and Extra-Curricular Activities
- Work experience: 5 percent weightage
- Performance at Undergraduate level: 10 percent weightage.
This performance shall be measured by multiplying the percentage marks scored by the weightage applicable to the discipline as shown below. 10 percent of the score so obtained shall be considered in the overall evaluation. [UG performance score = (percentage scored in UG * discipline weightage) * 0.10]
To encourage diversity in the batch, differential weightage, as shown below, shall be applied to different disciplines:
- Engineering / Technology: 0.6
- Science/Arts / Medicine (including Pharmacy)/Commerce / Economics / Management/other disciplines: 1.0
- Professional Qualification: 2 percent weightage
(Pass in the final examinations of CA / ICWA/ CS)
- Gender Diversity: 5 percent weightage for female candidates.
Whereas for PGPM HR, the following is the breakdown for the final composite score responsible for the admission:
- CAT score: 50 percent weightage.
- Written Analysis Test (15 percent weightage):
Vocabulary, the content of writing and writing skills
- Personal Interview (20 percent weightage):
- Communication Skills
- Academic Ability
- Current Affairs & General Awareness
- Managerial & Leadership Abilities
- Co-curricular and Extra-Curricular Activities
- Work experience: 5 percent weightage
- Performance at Undergraduate level: 10 percent weightage.
This performance shall be measured by multiplying the percentage marks scored by the weightage applicable to the discipline as shown below. 10 percent of the score so obtained shall be considered in the overall evaluation. [UG performance score = (percent score at UG * discipline weightage) * 0.10]
To encourage diversity in the batch, differential weightage, as shown below, shall be applied to different disciplines:
- Engineering / Technology: 0.6
- Science/Arts / Medicine (including Pharmacy)/Commerce / Economics / Management/other disciplines: 1.0
NOTE: The final composite scores for selection are different for different student categories.
Overall, IIM Trichy will prove to be a wise choice in India’s highly competitive B-School environment.
