IIMs vs ISB Fees Comparison Explained ExBCG

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In this video, I share honest realities of salaries, fees, diversity, benefits, and Sector-wise Job opportunities answered for both ISB and IIMs. • -- • 🚩To get into management consulting and advance your salary, check out Global Governance Initiative Impact MBA Scholars here- https://www.globalgovernanceinitiativ... • #iims #isb #mba #bcg #consulting #mbadegree #masterofbusinessadministration #mbafees #mbadegreesonline #onlinemba #bestbusinessschools #mbacolleges #mbafinance #mba2022 #mbacollegesinindia #mbaprogram • #mbacourseslist #topmbacolleges #mbageneralmanagement #mckinseyandcompanycareers #mbamanagement #howtogetintomanagementconsulting #mbastudy #mbacourses #interviewtips #bestmbaprograms #bcgcareers #onlinembaprograms #productmanagementroles #shatakshisharma #shatakshisharmaggi • ----- • Like, Share, Subscribe for more! • 🚩 Click here to subscribe to my YouTube channel: / @shatakshi.sharma • 🚩LinkedIn: / shatakshi-sharma-410 • 🚩Twitter: / shasharma_ggi • 🚩Instagram: / shatakshi.sharma410 • ---- • Shatakshi is Co-CEO of 🚩Global Governance Initiative (MBA program recently featured by Poets Quants), an Ex- 🚩Boston Consulting Group, BCG, management consultant, a 🚩writer, and former public policy advisor in 🚩Tony Blair Institute for the Middle East region. • She has been also felicitated with The Most Promising Women Leader 2021 award by ET and 🚩Linkedin Top Voice 2021. Her interviews have been published in leading policy and career organizations- Modern Diplomacy, BCG, Poets Quants, Your Story. • She will be uploading daily content on 🚩career advancement (MBA, consulting) 🚩personal finance, and 🚩productivity hacks. Be sure to subscribe to the channel to get notified whenever she uploads the video. • *** • • ISB vs IIM - Best MBA College in Indi... • • The reality about ISB/IIM/IIT/NIT/NLU... • • My Journey To ISB | ISB vs IIMs | GMA... • -- • Have you ever wondered which amongst the MBA schools is the best fit for you? • To answer this question, we will divide this career insight into 5 sections. • Upfront Investment- Fees • Firstly, lets analyse the input cost to the institutions. • Currently, ISB costs around 33 Lakhs. • On the other hand, IIMs stand around 24 Lakhs. Of course, this is also a big investment. • Though, the notable point is that ISB has a one year programme. This, in my opinion, is its upside because you can quickly finish your degree and get back into the job market here. • The opportunity cost, in this case, is lower for ISB as you forgo only one year of your salary. • Diversity of Cohort • Coming to of your peer network. • ISB has more than 39% women and about 5-10% of international students. Comparatively, IIMs have almost negligible international representations and relatively lower female cohorts. • You may wonder why this diversity is so important. • The answer lies in the history of failed ventures and nations which were primarily caused due homogenisation of thoughts. • Diversity of thought facilitates different opinions, thereby enforcing innovation. • Teaching Model • Looking at the classroom teaching model. • Both these institutions have highly accredited academic professors. • In ISB, renowned professors from global institutions such as Wharton, Kellogg, Fletcher and akin fly in periodically to teach you. In fact, I had the privilege of attending a lecture from the mayor of New York on ethical leadership and responsibility. • This is where the magic happens. • The discussion and various opinions brought upon by the professors and students open your thought horizons. • At the end of the day, the MBA curriculum is supposed to question your mental model to generate holistic learning. • Job Pivotting by Sector • This brings us to one of our most important sections, which includes the new sectors MBA can help you discover. • ISB is largely known for its consulting and product management based employment. My classmates at ISB joined various unicorns and leading ventures in ed-tech and fin-tech. Whereas, IIMs generally have better marketing and finance related jobs over and above consulting. • Your next question is perhaps why this distinction occurs in the first place. • So, the average experience of an ISB student is 4.5 years and that of an IIM student is less than a year. • Many marketing firms typically look for freshers for their job profiles, so IIM become a an ideal source for them. • Average CTC • Diving straight into the most awaited section. • ISB reported an average of 32 lakhs per annum CTC. • While the CTC for IIMs was around 27 lakhs. The reason behind this distinction again lies in the average number of work experience per student. • To conclude, I am purposely not giving a very specific answer. Both institutions have their stronger points. Nevertheless, there are various alternatives to an MBA.

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