Placements 2009 Survey : One Year Executive MBA : In middle of No where

• Tuesday, May 26, 2009, 0:33
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CoolAvenues has written 51 stories on this site.

47 Comments on “Placements 2009 Survey : One Year Executive MBA : In middle of No where”

• 
  Unknown wrote on 26 May, 2009, 6:49

  IIM Calcutta is always a favorite for recruiters
• 
  Pranit wrote on 26 May, 2009, 10:35

  It’s bad to see no mention about XLRI One year course in the article.

  XLRI GMP course is one of the oldest, reputed and most sought for One Year MBA course in India.

  http://en.wikipedia.org/wiki/XLRI#General_Management_Program_.28GMP.29 
• 
  Editor@CoolAvenues wrote on 26 May, 2009, 18:29

  Hi Pranit

  There has been no information update from XLRI despite various contacts. Further XLRI one year program is yet to relesae its placement stats.

  Regards

  Editor
• 
  Arvind wrote on 27 May, 2009, 0:07

  This looks like a pro ISB article….
  ISB is facing problems because of its mamoth size… IIM A/ L will be able to place their students , but because of ISB’s Size they will never be able to complete their placements……Mr Editor , I would say please stop being pro ISB and potray the correct picture to students – Why dont you highlight these aspects in your article ,if you seriously want to comment on Exec MBAs
• 
  Arvind wrote on 27 May, 2009, 0:22

  Why did u remove my comment !!! You are not portraying the correct picture
• 
  Ranjit wrote on 27 May, 2009, 0:40

  Let me add to this and say that XLRI GMP has placed only 20% of its batch. I am sure one of their students can confirm the same……all the resources has been diverted to place the 2 year program students…..i think therein lies a lesson, that if a college is managing 2 programs at the same time…. 1 year and 2 years….its more likely to give importance to the 2 year program…..
• 
  Srinivas wrote on 27 May, 2009, 4:08

  “i think therein lies a lesson, that if a college is managing 2 programs at the same time”…..whats going on here?? Are we trying to promot ISB / GL against IIMs / XL ?? @ Ranjit! Hold your horse. XL, with extended placements, has placed almost all the students. Pl wait for the official report. In fact I was in the campus last week and there were only handful of candidates left to be placed. IIMs / XL has invested huge amount of money in the one year programme and all these Institues have a strong road map for the One year programme. Pl refrain from making sweeping comments.
• 
  Sameer wrote on 27 May, 2009, 5:10

  SPJIMR PGPM 1 Yr MBA Programme.

  http://pgpm.co.in/
  http://pgpm.co.in/html/placement-prev%20record.html
  http://spjimr.org/pgpm/placement.asp
• 
  XLRI student wrote on 27 May, 2009, 7:49

  My name is Rajeev and I am from XLRI-GMP program. The latest figure for placement for our batch is 30% now. I know it is pathetic but one must not forget recession. The topper of our batch Neeraj kothiwad has also not been placed yet. Now coming to IIMC-the incoming average salary there is about 23L and outgoing is 20L. Three students have gone back to their parent organisation and 13 more tried to go back but their organisations did not accepted them as they had resigned before joining iimc
• 
  XLRI student wrote on 27 May, 2009, 7:52

  Yes somebody here was saying that this article is pro isb. Let me tell everybody that isb is no better and with 580 students this time god save those 580 passengers who are on a deadly trip.
• 
  Sameer wrote on 27 May, 2009, 8:13

  Coolavenues published the story of SPJIMR PGPM 1 Yr Programme’s placement news (100%) on 27-Apr-09:

  http://coolavenues.com/placements/2009/04/27/484/
• 
  Atul wrote on 27 May, 2009, 9:43

  Coolavenues , thanks for bring out the facts in whatever shape/size/form.. Why dont you take the lead and rank the 1 yr MBA programs being run in India. It will be a worthwhile exercise and help quite a few prospective students deciding where they want to invest their 1 year
• 
  Amit Agarwal wrote on 27 May, 2009, 21:07

  @Arvind – I hope you meant ANTI-ISB and not pro-ISB. Also, I am not sure what is meant by not portraying the correct picture?

  It is just an indicative article of the placement scenario in different colleges this year, nothing else!
• 
  Pranit wrote on 28 May, 2009, 3:43

  @Editor and Thread Participators,

  I guess placement data of 1-year MBA from ISB, XL, IIM and SPJ should be collected on basis of ‘Percentage of Students getting placed within three months of passing’.
  In tougher time, this will give more clear picture of ‘quality of students’ and of ‘impetus by course’.
  Because, unlike 2-year MBA-students, the 1-year MBA-students can use their networks and past-experience links to field a job after leaving the institute premises.
• 
  Ravinder wrote on 28 May, 2009, 4:27

  Editor,

  Pl verify figures at Great Lakes. *0% placement is completely untrue.
  I strongly urge you not to send false info (unknowingly !!) to prospective students of the 1 yr MBA program. And please report that in ISB only 50+ % of the studnets have been placed. In case ISB gives a different figure , request you to ask fro names of placed students. And ask them how many were placed by ISB i.e., exlcude those who went back to their old jobs or got something on their own.
• 
  Alok Arora wrote on 28 May, 2009, 8:08

  Of course recruitment is a function of how the market is performing. Market performance will hit 1 year and also 2 year MBAs. This analysis is not rocket science anyways.

  Lack of jobs is indeed the trend right now. The article talks in great detail about how 1 year MBAs have not done well but there are no stats for how well 2 years MBAs have performed. 2 year MBAs have had their share of trouble. The article has major gaps in analysis of this aspect. Where are the comparisons to make us believe that 2 years MBAs are doing great.

  What is important and worth arguing in the long run is what different purposes do these 2 types serve? Is one better over the other?

  Not sure what the purpose of the article is. Is it to prove that –
  Recruitment for 1 year MBA is proportional to state of recession. Same pinch for 2 years….whats the big deal…unless proved otherwise by data and facts
• 
  karan wrote on 28 May, 2009, 12:29

  It is not going to be easy for ISB to place 560+ people.If you go thorough the batch profile there around 200 chaps should not have ever got in ( crap colleges , Body Shopper IT background , junk workex ) . .ISB ramped up too fast too soon and will now pay the price.The factor of “place-ability” while selecting students , has now been replaced by ” flash-ability ” , esp for females. It would serve ISB well to half the batch and put in strict entry barriers , esp for the IT sector crowd.
  Also IIMC-PGPEX has gone about advertising in all papers that some female left a 120k job in IT in US to join them. The said person is not even a Govt Engg College graduate ,leave aside a IIT or NIT.Same old Private engg college-Infy-IT -US Pink slipped background.
• 
  CoolAvenues wrote on 28 May, 2009, 12:34

  @ Ravindar

  80% placement as on 14th April 2009, was released by Great Lakes as per their official press release. Kindly see this link

  http://coolavenues.com/placements/2009/04/19/great-lakes-successfully-placed-80-of-the-batch-with-an-average-salary-of-inr-85-lakh-pa-as-per-interim-placement-report/

  Further no where in the news report any claim has been made on ISB placement. We refered to ISB Placements as extended indefinitely.
• 
  Vaibhav wrote on 28 May, 2009, 22:46

  @Karan…you sound too racist, opinionated and biased in all that you write. Using flowery and strong terms to add fuel to your extremist attitude won’t do you any good.
  This is a public forum..let’s show some gentlemanly attitude!

  My friend at ISB (who has luckily been placed) told me that approx. 60% of the batch has been placed (updated 2 weeks ago). What’s more disturbing is the fact that ISB has hiked it’s fees to 16.5 lacs for a one year course! That’s totally unrealistic and given that fact that they have increased their batch size to 580…all I can say is that they are minting money at the cost of quality, placements and future of their students.
  A curt advice for anyone seeking a 1 year MBA…get it from Europe dude! You can get decent colleges for around 20 lacs (all expenses included)…and when I say decent..lemme tell you that a decent college in Europe will be much much better than ISB on a global platform. Even Asian colleges like CEIBS China, HULT, HKBU (both HK) and AIM Manila beat ISB hands down!
• 
  ankush wrote on 29 May, 2009, 4:04

  Hi everybody, its good to see nice discussion on 1 year Ex-MBA , I am also an admit for this year in IMT , GBD, I have been through SPJ , Dubai, IMI, Great Lakes but prefered to join imt, reason being comparative fee structure at compartive level. To spend 15+ for one year MBA at this mode i could not dare to try , and i had talk with lot of guys from all b-school and all advised to take study leave and then to pursue , so am i

  – we can not compare b-school at 1 year MBA as there is a distorted picture everyhwere , it all depends upon individual how they visalise and up to what depth they get in to the course detail
  Placement is one of the eye opener for choosing b-school , but its not the only one spec, we need to enquire about the course, its acceptance in industries , its past performance –
• 
  Prabhat wrote on 31 May, 2009, 10:29

  Dear Editor, Just so you know, IIMC’s 1-yr PGPEX candidates passed out in Nov 2008 and their placement process got over in April 2009. You may want to take note of the same. From your article, it appears that while others are still fighting their battles, IIMC has done well. It is not entirely true. –Prabhat.
• 
  Atul wrote on 31 May, 2009, 23:42

  @ankush

  We are talking about 1 yr MBAs in India not the Dubai Singapore ( god know whcih other location ) shitty courses
• 
  Kaushik wrote on 1 June, 2009, 4:04

  I accept that XLRI GMP has not come up with its plcements stats. yet. but in that case IIM ahmedabad falls in the same league. (post the link in case I have missed). I did not find any placement stats for IIM A PGPEx stats. Lets not create a false hype r picture. People going for executive education are matured enough to understand the pros-cons of the same. Please deter from posting anything just to make a loud pitch!
• 
  Atul wrote on 1 June, 2009, 22:25

  @Kaushik
  what you havent realised is that schools with mamoth size of 580 Students are handing over a piece of paper which says PGPM , taught by Indian professors from US univs who have come to india on personal vacation and trying to earn some extra bucks. Exec Education has been made a mockery by these schools ( I would call them Hotels rather than B Schools)
  Traditional B Schools ( IIM A/B/C/XL/SPJ etc) have a well charted path for their 1 yr Program . Agreed the economic climate is not good and its not easy to place a 5 yr exp person in this mkt condition .
  but that doesnt mean the course is not good or the students are not good..
• 
  Kaushik wrote on 2 June, 2009, 1:48

  @Atul, I totaly agree with you ( I am one of the admits to the above mentioned schools by you.). Only thing that hurst me is the one sided approach by the author of this article. It seems he/ she has just tried to bring out the placements stats, which gives a wrong picture. Economy is slugish, that doesnot mean you hit below the beslt and increase readership. Communicating through Media is a responsible job.
• 
  anil wrote on 2 June, 2009, 3:15

  Hi All,

  IIM A has just come out with latest placement details for 1 year MBA. they are quite good considering the recessionary (rather slowdown) time.

  http://coolavenues.com/placements/2009/06/01/iima-pgpx-placements-2009-hits-air-pocket-93-of-batch-placed-in-5-months/

  ANIL
• 
  Ranjit wrote on 2 June, 2009, 5:12

  @Srinivas,

  You dont know the ground situation. I have spoken to a few XL students and they tell me that most of them are searching for jobs in the open market……in fact one of the students has openly admitted in one of the comments…..

  as far as flying in profs on holiday is concerned, i am afraid, Atul is talking out of spite……the profs who fly in and teach expose the students to the latest concepts in management……a few hours spent with them is much better than some of the indian profs that i know of…..its a once in a life time exp to be sitting and learning from some of the mostbrilliant profs in the world….traditional method of teaching these days is equivalent to somebody teaching an undergrad course…..disinterested students and profs mumbling something that they barely can understand…..
• 
  Atul wrote on 3 June, 2009, 22:48

  @Ranjit

  I think you should spend a day at IIM A/B/C/SPJ and see what is taught in these classes. Only then you would be able to understand the difference commitment by profs can bring in students
  A Prof from US comes to India on Vacation, delivers some 2 hours lecture makes a cool 1.5L and goes back . He doesnt care if you understood the concept , there is no commitment from his side… Although they are big names but without commitment how do students benefit… Plus 1 prof giving lecture to 540-580 students. God Bless their understanding of the subject

  I have worked side -by- side with these so called PGPM holders and find then so naive. They are made to belive that the paper that they have is worth top 20 Bschool worth , but they keep changing jobs every 1-2 year !!! why .. not because there is amble oppurtunity but because they are incapable of competing against traditional Bschool grads .. they find growth stagnating and then they move
  XL may have had its share of problems but the course is good and so is the XL brand ,
• 
  Ranjit wrote on 4 June, 2009, 2:17

  I dont believe that the profs lack commitment…..in a PG course, from what i have known, nobody is going to spoon feed u and take u to the water and make u drink…..profs facilitate your learning and the ones that taught us were available beyond the classroom too….so thats just a myth…..let me clarify one thing that students have to do most of the learning by working on assignments, projects, presentations etc…..the prof can lay the roadmap and acquaint you with the fundamentals…..thats one way students become independent and it shows later on in life too when u are on your own…

  As for your second comment, i feel that you are just prejudiced and u have made an opinion by meeting 1 or 2 ppl…..i have spoken to HR managers first hand from various companies and they all say that they are extremely happy with the quality of the students from the 1 year stream…what else, i have even spoken to the directors of companies and they shared a similar opinion…..so, on an average these students are as good or even better than the ones that pass out from a 2yr program which is similarly ranked…..the contributing factor is their prior work ex coupled with 1 year PGPM which makes them employable from day 1…..the batch size not withstanding….

  Lastly, i believe that it is the students that make the institute a brand…..not otherwise….
• 
  Atul wrote on 4 June, 2009, 3:55

  @Ranjit

  I hope you have read my comment correctly
  Its ISB against IIM A /B/C/SPJ ( 1 yr programs)
• 
  raman wrote on 4 June, 2009, 6:29

  Hello Atul

  what gave you an idea that SPJIMR is at par with ISB and IIMs. SPJIMR used to be a better institute long back but lost its all glory. In fact it is only one of those top institutes who got a rap on its knuckles by SC on not retirning the deposit fee of MBA aspirants. A school which itself indulges into unethical behaviour has no right to be in education as it is only going to give rise to more satyam and enron of the world
• 
  Atul wrote on 4 June, 2009, 7:02

  @Raman
  I am not going to argue on whether SPJ is at par with IIMs or not. The point is ISB vs the traditional B Schools.
• 
  raman wrote on 4 June, 2009, 10:57

  HI Atul

  Well whatever our diff are. one thing is clear, ISB has much better faculty than other IIMs as well as better infrastructure. However the area where ISB is much behind IIMs is quality of Input. ISB on account of focus on one year MBA is unable to get quality talent compared to IIMs.
  Anyway world over, One year MBA format is yet to make dent and Insead is way behind Harvards and Chicagos of the world
• 
  Parth wrote on 4 June, 2009, 23:53

  Hi All ! Everyone of you appear to be serious and determined individuals. I feel that comparing and contrasting institutes in this forum is a wasteful exercise, furthermore a majority of the readers here may be students who have put in a lot of money into any one of these institutes and still not found jobs, so any comments may be both insensitive and hurtful.
  Could you please advise if placements at all of the above mentoned institutes are going smoothly. A few readers such as me, are in the process of joining the above, so do you think its worth joining now or holding out for a litte longer ?
• 
  Arvind wrote on 5 June, 2009, 11:06

  @Raman

  Looks like you are a ISB passout or current student !
• 
  Editor@CoolAvenues wrote on 5 June, 2009, 22:01

  Hello All

  Its good to see that some sort of debate is going on regarding Executive MBA. The idea is to put thing perspective as of the late, regular media have hyped MBA into as a risk free path to be millionaire. However its sad to see that of the late whole discussion is getting into “My Daddy Strongest” scenario.

  Every program has its own set of merits and demerits and one shall objectively analyse it rather than being too generalist about it since MBA is a post graduate program offered to matured professionals and not to 3 year old kids with My daddy strongest mentality.

  Cheers

  Editor
• 
  Vivek wrote on 6 June, 2009, 9:15

  Dear Editor,
  It would have been nice if your article also had the inputs from SPJIMR as the whole batch was placed in less than a month’s time.
• 
  nitin wrote on 7 June, 2009, 21:48

  during placements in one of the 1 yr mba program , some offers were made at the 8-10 lakh CTC level.These were mostly from 2 tier non-mnc companies but were excellent in terms of roles and responsibility.But majority of these could not taken up primarily because take home per month was around 50-60k ( which was 1/2 to 1/3 of the incoming salary ) and more importantly the salary offered was barely enough to cover the tution fee EMI ( upwards of 25k per month ).i feel that if a person has substantial reserves to cover say 3/4 of the cost of the program , life would be easier and one would have more options to choose from , rather than being constrained by monetary factors .
• 
  Atul wrote on 8 June, 2009, 2:39

  Dear Editor

  Thanks for your inputs. But if you read your article its clearly biased towards ISB.
  ISB is a leader and since its not able to place its students , exec MBAs are not so good – is the logic being portrayed . This is where most of current student community and prospective students have objection to.
  Hope you understand and portray correct image going fwd in your articles

  thanks
• 
  Dheeraj wrote on 16 June, 2009, 13:58

  Dear Editor,

  The article you have written does not seem to be a good analytical work. The question that you ask in the last line – “.. Hence will one year executive MBA be able to recover and leap frog or will suffer for more time is anybody’s guess! …” is based on wrong assumptions as it is the market which is in bad shape not the MBA program therefore the market has to recover not the MBA program.

  Further, in the 2nd para, you “trumpet” the success of ISB while in the 3rd para you see 1 yr MBA programs as being too short in duration to make networks or get PPOs. So how did ISB succeed sir? On what basis can you conclude that ISB is a top destination?

  Lastly, you are trying to write off the 1 yr MBA programs as they have not succeeded in placing students THIS YEAR – 2009. I think it is very “immaturish” to make such conclusions at a time when millions have lost jobs, companies have vanished, governments and institutions have collapsed.

  The underlying value of the 1 yr MBA program is still there and would be realized once the market bounces back to normalcy. However, your logic that it is a matter of demand-supply is understandable.

  So please stop questioning the veracity/ relevance of such programs. In fact your article could have supported the cause of executive education as it is one of the best ways to change career and do something worthwhile rather than tugging along with a profile and getting frustrated.

  My request to you once again is to refrain from blaming the programs for poor placements.

  Dheeraj
• 
  Sundar wrote on 18 June, 2009, 7:29

  Hi all,
  Just wanted to bring one perspective that I found missing in the discussion so far on 1yr & 2 yr MBA formats. The comparison of Exec MBA programs offered in India (PGPXs of IIMs & ISB) with that of the PGP of IIMs is like comparing Apples with grapes. Any good MBA program (say FT100 list or BW 100 list) does mandate alteast reasonable & qualifiable professional experience (the quantity of experience may be as less as 2 yrs in few deserving cases but is never NULL experience). The reasoning behind this is simple – to appreciate the MBA program one must have had first hand experience of the industry and secondly, leading MBA programs also rely on the colloborative learning & sharing between the participants. With no disrepect to IIM PGP program, NO good rating scheme (be it FT or BW or Gaurdian or…) rates IIM PGP even within top 200 list – this is primarily because PGP does NOT stipuate experience criteria . Well, let me hasten to add, am NO way disrespecting the IQ of the IIM PGP participants (having cracked CAT, they deemed to be respected for their IQ) – but am talking about a very different aspect of Quality of participants – EXPERIENCE. This also explains why almost all of the IIM PGP particpants taken in for International postings ONLY get into Financial Analyst/Equity Analyst roles which require more of arithmetic aptitude & less of professional maturity to start with. ISB started in India what is widely & commonly available all around the world – MBA that requires reasonable & qualifiable experience. IIMs also followed suit with PGPX program. I think it is only logical & in step with the international scheme of things, that IIMs stipulate aposite experience crtieria for admissions for PGP – they may chose to run only one format of MBA by abandoning either the 1 yr or the 2 yr format.
• 
  Atul wrote on 21 June, 2009, 23:33

  @ Sundar

  Are you a current ISB student or ISB alumni …
  Because only ISB alumni/students can support thoughts brought forward by the editor here…
• 
  Shalin Agrawal wrote on 27 June, 2009, 10:19

  Mr. Editor,

  You are missing one big point that 2 year MBA students are generally targeted at starting level, whereas students with wide experience are targeted at either midddle or higher level.

  Aspiration of these students in 1 year MBA are higher. They will not join any where at any salary. Many of them are infact earning more than average salary of two year MBA before joining. Secondly with down turn recruitment at middle level gets tougher and not at joining level to the same extend. But in upward trend these middle level are more in demand. This can be clearly seen from the average salary of two year and 1 year program. Infact Mr. Editor since you have neither studied in any of the program it should be left with the recruter to take a call.
• 
  CoolAvenues wrote on 28 June, 2009, 0:33

  Hi Shalin

  Thanks for your perspective and assumptions. We think you need to really re read this article to get the point. It is not “My daddy strongest campaign” but analysis of challenges being faced by one year program. All over the world, Ivy league schools offer 2 years MBA program to students with a minimum of 48 months of exp and one year MBA has not been very successful due to short term format and lack of networking opportunities.

  Further how many will chose to remain unemployed than taking a job with lower salaries and the one who are doing so remain at a very high risk of getting wiped out as their previous experience in IT or manufacturing offer little synergy for a job say in investment banking or private equity and might force them to go back to a career path from which they have tried to run away.
• 
  Nirmala.r wrote on 10 July, 2009, 3:37

  Am a lecturer in Commerce of Arts & Science college at Tamilnadu for the past 9 years I would like to do MBA that too 1 year Executive wether doing executive MBA is eligible for teaching and moreover am having 6 years of company expereince too.
• 
  gagan wrote on 17 November, 2009, 0:14

  @editor

  Sir, do you have any information regarding placements from GMP XLRI 2009 batch ??
• 
  Anubhav wrote on 7 December, 2009, 3:05

  @RAMAN

  “what gave you an idea that SPJIMR is at par with ISB and IIMs. SPJIMR used to be a better institute long back but lost its all glory. In fact it is only one of those top institutes who got a rap on its knuckles by SC on not retirning the deposit fee of MBA aspirants. A school which itself indulges into unethical behaviour has no right to be in education as it is only going to give rise to more satyam and enron of the world…” … Never question any institutes ethics based on one -off Case, SP Jain for that matter is known in the industry for the overall learning it provides be it – Academics or be it Society, it is probably the only institute that requires its students to take a 2 month compulsory social service project in co-ordination with leading NGO’s as part of its DOCC – “Development of Corporate Citizenship”. I respect the decision of the MRTP court in that particular case, but I remember the Offer letter of the Institute clearly stating that the deposit is refundable upto 10 days of payment and after that the deposit becomes non-refundable. Is the institute actually wrong in doing that? and if it is then a good “MBA-To-be” should have evaluated all possible risks involved, it was his insecurity and lack of confidence that he took up whatever came first.

  This particular blog was not created to filter out the bad colleges from the good ones, which is what most of the participants have made it out to be. It is just to point out some facts which are based on the press releases made by the institutes and some information from varied sources, if you are a current/Ex student, or have some true info from a reliable/believable sources then please provide info on the real story and leave it there. But please use common sense and not start a debate on “which institute,/which course is the best”. Why are we getting so aggressive on things as simple as facts and figures?? If you find them untrue just write your point and moveout, but please donot adopt a “-ve” approach for any of the institutes.SP Jain has always ranked in the top 10 and has proved its position by getting its students placed recession or no-recession and never boasted about it(How many times have you seen SPJIMR, Mumbai’s Advt.) and I am not talking of the Sing/Dub program as that is a completely different league.
  Thank You. And plz guys be less aggressive and more supportive.

  Disclaimer(I am not a student of SP Jain but I have had the priviledge of getting an offer letter).

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