MBA Salary - The reality of IIM placements
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- Опубліковано 16 лип 2024
- When we think Life after MBA, we think what salary we will get. But are you half aware of the IIM placement process? IIM salary is so mouthwatering, but the placement season is really tough to get through.
Let me talk about the problems I faced during placements, what Salary I got. MBA is really important, after there are so many myths out there. How the placements process look like? What are the salary hike in corporate? This video will answer the age-old question of "How is life after MBA from IIMs" that many of you may have had.
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Timestamps:
0:00 Intro
0:46 Day 0 Placements in IIM
2:10 What is Day -1 IIM Placement
3:15 Placement process at MBA schools
5:18 Does luck play a role in IIM placements
6:51 My first salary after IIM placements
8:00 Joining bonus in salary package
8:59 Which profile should join which company
10:05 What matters least after placements
10:52 How to get the next placement
12:21 Switching companies for hike
13:12 Present salary after 7 years
#mbasalary #iimplacements #mba #iimsalary #iim #placements #salaryafteriim #salaryincrease
You can book consultation session with me.
topmate.io/storytellershouvik/676118
Wow I came across your video for first time and I must say, now I am your permanent viewer. Right guidance from experienced seniors is gold.
He he .. glad you like it
I really liked the way you explained the whole game. Keep it up. The point you mentioned about a finance guy should join finance company - I totally agree. I am with a Technology Company and Engineering is all the support.
Thanks for the support ☺️ all the best
You have stated it very well. Candid; no ambiguity. 👍
Glad it was helpful
Hi Shouvik, Faisal this side, I am an IIM U alumnus and currently work with Airtel's Global team. I have been in the education industry prior to my MBA and I just wanted to appreciate your efforts.
You are doing a great service to young aspirants bhai. Wish you loads of success ahead, keep up the good work :)
Sharing connection request on Ln right away :)
Take care!!
Thank you for the kind words. Al the best
Loving your content and finding this to be one of the most relevant UA-cam Channels for mba and early career folks. Thank you for the effort 🙏
I am glad it was helpful
the outro was something very unexpected, It's awesome to have this kind of perspective too.
Glad it resonated with you
man gave all the knowledge , thankyou
glad it was useful
Moral of the story -"Don't become a philosopher before you become rich!”-Shahrukh Khan
Let me correct you
When science doesn't have concepts without exceptions then how these thoughts are true completely.
~me
Osho wasn't rich first he pitched himself as a philosopher, then he became rich.
🇮🇳🙏🕉️
Ranchod das baba ne kaha hai.... kaabil bano success jhak marke aegi
Means you are poor 😂😂
@@raghav5895osho never became rich because he never owned anything. Sb kuch commune ka tha
Kabirdas wasn't rich. All the ancient gurus and muni weren't rich. Don't just accept everything if it's coming from an actor you like.
Thanks for this details, nice punchline- "Happiness is when you like what you do". Jai Hind...
Glad it was useful
bhaiya garda ura diya very informative video + life advice Pura genuine laga thx
Glad it was useful buddy..
Thank you for this video 😊
Glad it was helpful
great video, thank you so much for. these insights
glad it was helpful :)
Appreciate the honesty, specially at the end
❤️
Great work sir. Very insightful. Thanks for the information.
Glad it was helpful ☺️
Thank you sooo much for being so honest!!!
Glad it was helpful
Superbbbb! I love video and the facts
Glad it was helpful
Man i don't know why you have such no of subscribers but your content is damn good qnd just point to point nd reality.
He He.. subs se kya karna hai . :) thanks for the support
VERY HONEST AND PRODUCTIVE GUIDANCE THANKS A LOT SIR PLEASE KEEP ON MOTIVATING AND BLESSING
I am glad it was helpful
One of the best videos of life I have seen😮.
Thank you sir👏
Thanks 😊😊😊
you just told the truth which no other is telling awsm sir keeping telling us the truth so we get to know the real things
Glad it was useful
Explain everything very well.
Glad it was helpful
Wonderful info sir, Thanks a lot
:) maza ana chaiye bas
Emotional and real at end, liked it..brb crying
He he... 😂
I have watched a great video today. Thanks a lot Sir
Glad you like it buddy
Very informative thankyouu sir
Great Video dada, just a question, previously there was GD in IIM selection also, but nowadays I heard there are no GD in the iim selection, so will there be GD in placements these days or some other process is introduced? (Actually I'm really bad at GD and I can't speak or interrupt someone even if I know something)
WAT PI now true.. GD still is the way placements happen
One of the best video that I come across good presentation sir❤🥰
Candid and true to the core.
Appreciate it 👍
Moral: Don't stress over salary, eat Fuchka, be happy.
Maja ana chaiye life me 😁
@@storytellershouvik Shouvik but don't you think there will always be a referent to which we'll compare ourselves and be happy/ miserable post comparison. We cannot live in our bubble, it's not practical.
@@YV-2000that is actually a very nice question.... either be the best at what you do and be at the top or enjoy your life, I would say you will always have a better person than you and you will compare but then again, you have to understand, this is how it works and may be just let it go.... Enjoy the life my friend....Eat phuchka be happy...W life W moments😂
@@ashutoshmishra9219 💯❤️
Great Video . Keep giving us more insider insights like this
glad you liked it
I am giving CAT exam this year.Thank you for your guidance. Love and respect from a "Dhanbadian" to another "Dhanbadian".
Appreciate it 👍
Nice video Shouvik !!
Thanks mate
really like your content. make such more videos. thank you
I am glad it was useful
sir you are so inspiring , thankyou sm for all such good videos
Glad it was helpful... Cheers
To sum up the video in 2 words , its "Genuine 👌& authentic 👍"
You are too kind ☺️
@@storytellershouvik
What crazy information is this
It is a highlight everywhere to go through an IIM and get the dream package and become filthy rich, but here is the reality check on joining bonus, investments, company's preferences and so much more.
Salute to this man
You are too kind... All the best 🐱
loved the last part
❤️
Best video so far from any top B school guys...❤
You are too sweet to say that
Great respect!! Amazing talk at the end.
He he... Thanks mate
@@storytellershouvik I was planning to do MBA but I don't think I am fit for MBA. I have strong profile as I have experimented with my a few startups but still I am an introvert and more into creating products and stuff so I don't think MBA is for me given their politics as well. I come from a village in Bihar and my financial situation is not even that good to afford an MBA. After seeing that salary thing and performance criteria in promotion I realized that I can get promotion as my work ethic is strong and makup for money. 😂
@@user-mj2lm5fh1j MBA is a great field but not all roads to success are same. You can chart your own too. All the best
Great video, loved the insights 👌👌
you did ? reaaly?
@@storytellershouvik yesss🙌
Great video. Really got to know a lot about the life after MBA. Also I am from a city called Giridih which is very close to Dhanbad. :)
Yeah... Giridih to roj ka up down tha apna
Bro only one thing I can say.
I love you bro!
Keep going!
You are too kind my friend
@@storytellershouvik No, actually I wanted to hear those words. I'm in that phase of life where I have to make critical life decisions.
I dont know why keeping the money as the big picture I've took some crazy decisions in the past year.
This video especially the last part was actually made me realise what I really want. Although I may not be able to make the perfect decisions hereafter, I will make sure I am happy about the decisions that I make hereafter.
Heartfelt thanks sir🫂
very Good Explaination Sir
Glad you liked it buddy
hello sir,
Loved the way you showed what to do and what to expect I have got 10 cgpa in 10th,78 in 12th and 83 in B.E from a tier 3 clg.I lost a great offer as a fresher due to recession so will this also affect it? Can I get any good MBA clg? Loved the honesty btw.
You absolutely Can
Hi sir, great to hear that you are from Dhanbad too....😊
He he :) Jharia
The video is so knowledgeable 🤓🤓
Glad it was helpful
Great Info Shouvik. Could you help me in answering my doubt?
What's up?
Amazing ❤
❤️
Ur video is very informative and interesting at the same time, one thing u can change is ur background. Like corporate world building or something to get more attention and views. 🙏
Thanks for the feedback. Appreciate it
I am pursuing Mbbs from a Gov medical College, currently in 3 rd Proff ,few years back i thought,how could i be admitted in premium College for MBA , perspective changes with brain ,i dropped my desire,and opend up Biriyani Restaurant in kolkata at very low cost ,the number turned from 1 to 7 ,i earn lakhs just from those restaurants without having no MBA degree ,Just i thing to say making Crores donot need mba or mbbs degree ,just need opportunity,ideas thats it ❤ my age is 23+ ( 2023 )
Absolutely... Well put. Desire counts
Hey man, great video.
I just want to ask that in your opinion which is a better choice doing MBA from colleges like NMIMS & SIBM or moving to Canada and doing masters from an average college there?
NM and SB are very decent colleges
But the Canada thing is on a different scope... Thats a life choice... Moving to different country n all. All the options are good
Bro can you please tell me which is the best specialization for an avg typa student? Is sibm & scmhrd also profile based?
I'm working in manufacturing company & complete my graduation in BSC i wanna do online MBA from IIM raipur MBA in marketing it's worth for me ???
Class X : 95
Class XII : 92
BS (Chemistry) : 85
MS (Bioinformatics) : 85
Career Gap : 0
WorkEx : 0 (currently preparing for RBI Grade B)
No plans for CAT preparation but still asking outta curiosity 😅
RBI grade B v khatarnak chiz hai.. all the best .. CAT ke liye v profile mast hai
Hello SIr,love your videos and honest insights you provide.
I m preparing for CAT2023 and my profile is 97.76 in 10th, 78.33 in 12th(pcmb) 8.39/10 in mechanical . I dont belong any IIT/NIT nor have i topped any olympiads.what do you think are my chances for top IIMs and IITB.
Profile is very good
Need 99% BLACKI
ask yourself ? what scores are you getting on your mocks ?
Reality of Reality ✴️❤❤ thanks sir
Glad you liked it
@@storytellershouvik my pleasure 🙏
I adore all the efforts you put while making a informative vedio.
It's crisp and closer to precision, which helps us to understand the real world of MBA,
I too have a query, if you can resolve.
I m average student -
10th-62.7%
12th-62%
B. Tech-69. 76%
4 + year of work experience in Crisil (2.5) and in Fitch (1.7)
I was into Corporate sales (B to B) , I was working on a third party payroll so my package was not great(last drawn package was 4.5 LPA)
Please suggest me about, what will be good, doing an executive MBA, or regular MBA.
Is there any college providing executive mba with assured placement?
PLEASE REPLY SIR🙏
If MBA is from a good.college... the placements are quite good. That is where a decision is to be made... Alot of effort needs to be put
If you get a 92..93percentile even then a GEM candidate should get a decent college... That can be done
Else... You can also do courses from IIMs ... Free ones from SWAYAM...or there are IIM courses small ones... Should cost like a lakh or two and try to get a decent hike.. and then 3 years later exec MBA
Hi bro can we talk?
You are a true person
❤️❤️❤️
Best senior ever❤
You are too kind ☺️
@@storytellershouvikForm mai sign kaise upload karna hai paper Mai sign kar ke scan karke upload karna hai ya Adobe se sign kar sakte hai?
Bengalis are the masterminds. your video and communication skills prove it.
He he... you are too kind my friend
Thank you for the video Sir.
I am working in a support project in a service based MNC and have 1.5 yoe...I dont like my job and dont know what else to do but I do have interest in Analytics..I wanted to do an MBA but I am in no position to support it financially...What do you recommend?Should I do part time MBA or get more experience and try exec MBA?
Mba fees is 20lakhs and 99%peoole get a education loan... You will get one too
Analytics Ka course v Kiya ja sakta hai... Accha hike milega
@@storytellershouvik Thanks for replying sir, Can you suggest any such course that you are aware of?
Hello sir..i m from dhanbad too
good to see senior from the same city....have done my 12th from DPS dhanbad itself..
maine apko linkedin pe jb follow kra then i got to know that infact i m in the same college right now
i m a 3rd yr student of iem cse
would love to get in touch with u...if u come to dhanbad
Well wishes from ur junior bhaiya....😊😊
IEM CSE? Woo small world my friend. I am glad. For sure. Send me a connect in LinkedIn
Sir Cat er Quant jonne Arithmetic ta bhalo kore korechi. Algebra korchi. Geometry ta jaani na and number system try korlam but bujhte parlam na. Modern maths korbo but only for omets pls guide . Sir DILR er jonne pls pls kono advice dao
ua-cam.com/video/wigUVuYsGh4/v-deo.html
Happiness is not in earning more and more. It is in enjoying and giving meaning to your life.
Very well said 😃
@@oksnehasish It very well seems but this is not the deep truth.
Well said, @umeshkhetan
First earn money then we can enjoy happily
Do you really think this is a good option to switch from law to mba and if yes, Which Mba specialization should a person select if he has a background in legal field.
It will be really helpful if you provide your perspective on this question
IIMs love law... They give brownie points for it. Consulting companies love lawyers... General management ...and you will rock
Thank you so much for providing a sense of clarity 🙏 😊
hello sir, im a law student n right now my semester exams are running late by 6 month, i will be able to complete my grad. degree maybe on june , july or aug in 2024 , ,,,, my qstn is if i would able to crack CAT with some really good percentile, should i be still able to take adm. by june, july or aug on 2024 in tier 1 colleges?
?
Yes.. if you have your grad certificate by June 2024... You should write CAT 23
Hi shouvik,
Can you please make a video on PGPX at iim ? How about life after 5yrs after PGPX?
I am not aware of this one.. just outside Google based knowledge
Hello sir....
10-88% State board
12-85% State board (pcb)
2 year dropper
Graduation BA final year in English literature..
Want to prepare for cat but don't have any idea about skills which are needed.. should I go for cat ?
Sir please reply my question --SDE 3 in Maang /product base companies or MBA from top 5 iim /fms delhi who will earn more in the upcoming 10 years ?
The kind of push a TOP 5 mba can give is too awesome... And if you are already SDE ... That combo would be some super power stuff
@storytellershouvik no bhaiyya I'm currently I'm my btech second year ,so I'm little bit of confused 😅
Wonderful
Glad you like it :)
All the best....
❤️
What should i prefer i cleared gmat with 728 score which college iim or abroad hec,lbs, columbia
Foreign.
Hello Sir i am a BBA student with 90% in 10th and 93% in 12th. With data science knowledge with some projects completed And various course certificates from college, coursera amd udemy. What should be my score for ANY TOP 15 BSCHOOL INDIA. And should i bother with internships or scholarships will it help me improve my profile. Thankyou
99%ile will be best... But I can see you get into top colleges with 98 too
Hiii bhaiya....I am from Patna...love to see biharis are rocking👍 ...keep guiding us bhaiya..love your content..❣️✨
he he :) we always do
Hello sir, greetings of the day!
I'm currently a sophomore pursuing Chemical Engineering at Jadavpur University,and I aspire to get into one of the top IIMs directly after completing my engineering degree.
My profile is:
97.8% in 10th,95.6% in 12th,also I'm an NTSE Scholar, and also do debating occasionally.
I'm a General Category Female.
What do you think sir, of my chances of getting into the top IIMs directly after I graduate?
Also what's the CAT percentile that I should target ?
Bepok chances .. porashona korte thako ABC r niche jabe na.
@@storytellershouvik Dhonnobad sir! Ei motivation tar bhishon dorkar chilo
Sir graduation 1st year bsc biology when should i start preparing for CAT? Already faced NEET failurr.
You can surely start reading novels... Newspapers so on.... If maths is weak... Maths
Bhaiya Mera papa ka shop which I carried up for past due to financial problem does it's considered as a work experience
Life experience but sadly not work experience
Sir if i am from iit but the grades I am graduated is 5.8 . What all need to be done to stand out?
Sir... mbappe jaisa uturn marna padega.... Do char certifications kar dalo fatak se....
Sir I have low 12th marks (54%) I'm doing mtech unable to get shortlisted due to 12th marks. Does 12th marks matter in IIM placements?
Iim ghusne me problem rey sakta hai... but ek baar ghhus gae to wo sambhal lenge...
I’ve just graduated with 9 cgpa and haven’t given any mba entrance.
Should i take a drop and give entrance or should i do MBA from a normal college which is affiliated to my state uni - DAVV
(My parents don’t want me to take drop and waste a year)
The career normally taken is graduating... Then getting a job.... And prep for CAT while on job .. and getting through into TOP15 Bschools
bhaiya mere pass abhi 1st year ka result hai only 2nd year ka 20 sept kae aas paas aaayega late session start hua tha mein 3rd year mein hun 2024 mein meri grad puri ho jayegi tho kya mein only 1st year ka result upload krun only pls help bhaiya prep bhi bhut acha chl rha hai
Yes... Only 1st year
Hello Shouvik Bhaiya,
I'm Harsh, currently in my third year and preparing for CAT 2023.
I scored 93.2 in class 10th
90.7% in class 12th (Commerce)
80.6% in graduation (Bcom Hons).
I belong to SC category.
How much percentile would I need to get into OLD IIM's and NEW IIM's?
96+ le aa aur interview ache se dena sab mil jaayega
ok brother@@kratos_wish
Hi what is ur view studying in german public university for masters in finance ? As they is very less fee!
Yep .. it's great . I did my international exchange in Germany.... Learn German though.... Ull be great
Bhaiya good mba colleges like xlri and iim fees are close to 25 lakhs in how many years loan gets repaid if one get's lower than average placement in these colleges.
3 years me sab chukta ho jaega... Kitna v ho loan
But sir 25L loan, assuming a person from a tier1 college graduates with 1.2L(modest figure i guess) and even if he pays 50k every month towards emi, it would take atleast 4 years just to reach 24L (not even including the interest markup).
Please correct me if I'm wrong.
I have a work experience of 11 yrs as software developer in average company now wanna join top b schools or iims ,will they expect such candidate and I can get good placements plz guide
11yrs will be tough to get in....
I am a second year commerce student from Christ, I got 80% in 10th and 84% in 12th, Can't say much about UG but most probably have a GP of 3/4
Is it possible for me to get into ABC? Moreover, I am also working in a start-up which is growing quite well. I am on a management level there.
Why wouldn't it be... Totally you can
I have completed 5 years in IT industry ,my academic percentile is high 70s and BTech 6.5 CGPA ,I am thinking of mba through GMAT ,what is your suggestion brother?
GMAT is the better option here. I know if you have family or kids that will get difficult... With some unsettled life for next 4..5 years.... If single GMAT
Dear sir ...
I am from Pharma Background. Should I go for General MBA or Pharmaceutical MBA ?
Which one is best choice keeping in mind future perspective.
general will give you wider perspective
General MBA... undoubtedly
Arey dada amar bari hirapur e!! love your videos!
Jharia here
Hi sir, i am a fresher and i got 72 in 10th, 82 in 12th and 71 overall in graduation in BBA. Currently preparing for CAT.
If i get colleges like FMS or Tiss will i get placed with their average packages atleast?
My preferred specialisations will be - Consulting and HR
I would be really frank with you, hope you don't mind.
1. Do you have any reservations? because with your profile, you would need to score in excess of 99.8 percentile in CAT to even dream about getting into FMS, TISS is good but not at the level of FMS.
2. Also please educate yourself on consulting and HR, these two are highly different roles and require different skills. From a difficulty standpoint, getting a consulting role in an MBB is leaps and bounds harder than getting hired into HR. MBBs or other highly acclaimed firms only tend to hire the top students from top B-schools and I am afraid they won't bother hiring from TISS.
3. All the best for your CAT exams
Already answered so brilliantly
@@neerajnongmaithem392 hi bro I am obc nc candidate. 10th-9.3, 12th-87.4, UG- 8.5 (BBA), how much am I required to score in cat to get a call from FMS and also from BLACKI. I don't have any work experience nor participated in any other extracurricular activities. even after getting graduated from iims, lets consider i performed well in iim will I get an average package or less than that due to my profile.
@@neerajnongmaithem392
hlo sir,.10th -83.8%
12th-80.1%
Graduation (BCA)- 70%
Ews
Fresher
Cat me kitna percentile laye ki fms mil jaye😊
..
Thank you, i was choosing to do between CFA and MBA. Now i can make much more informed decision.
Glad it was useful
bro what you took
Should I pursue CFA level 1 before Cat 24 to save my not so good profile?
10th cbse 10 cgpa
12th cbse 88.8%
Bcom honours average 64
General Female fresher
I am interested in consulting. Will Cfa level 1 give me an edge over others?
CFA l1 is great... Must go for it 😄
Hi Shouvik, Can you please provide your views on MBA vs MS?
With tech being the future do you think mba is loosing signifiance in 2023?
Who do you think will have more earning potential in future an mba or ms?
MS or MBA from us will always have more earning power... But gotaa live away from family n risks of getn fired... Thts it
@@storytellershouvik i think that was not the question!
Hello sir . I am a physiotherapist and willing to give cat exam and getting into iim . Is it a good choice to go from a medical background to mba ?
Yeah... Just yesterday I met a mbbs doctor from IIM Ahmedabad who is working for McKinsey now
Sir I'm doing online MBA, project management course too and learning Spanish , what should I do more??
You will do great 👍
HELLO SIR
I HAVE SCORED 95 IN 10TH 88 IN 12TH SCIENCE, AND IN FINAL YEAR OF MY GRADUATION (BA ENGLISH LITERATURE)
I HAVE CLEARED UPSC NDA THRICE , COULD NOT MAKE IT IN THE CONFERENCE AND TO RECOMMENDATIONS.
A PART OF AN NGO , OGANISED SEVERAL EVENTS AS A LEDAER AND PARTICIPATED IN VARIOUS GAMES IN SCHOOL.
AT DIFFERENT LEVELS ABLE TO SCORE 99 PLUS IN CAT , CAN I EXPECT MY MBA FROM TOP B SCHOOL SIR ?
Yeah for sure... No one can stop that
i have one question, can a person with career gap gets a call from top iims ? provided he is good at academics.
For sure... No problem with gaps... Cover it up with some certifications
Do the top tier colleges allow students to sit for final placement if they already got PPO?
Great question
NO...they do not... In one day itself lot of companies come.... so give many interviews one after other... but once a company confirms...thats it ...STOP
@@storytellershouvik I can't opt for a better company(better pakage) if I got one on the lower side ?
10th - 77.4 (best of 5)
12th- 89.25 (best of 4)
Grad BA Pol Sc 62.25% ( top 2% in my year from Calcutta University)
MA Pol Sc 78.69% 3rd rank in institute, St Xavier's College under CU
Cleared NET, working as guest lecturer.
Can I get into IIMs?
I see no reason why you couldn't... it's all about setting the target and getting it done.
Hello sir, my acads are 95% in 10th, 59% in 12th(PCM) and 84% in graduation, Hotel Management graduate from IHM, Fresher, SC catogory, Whats a good percentile for me to score in CAT for getting calls from IIM ABC? Do i hv any chance in Top IIMs?
12th grade will be a issue.... Yes.... But not for new and baby IIM s