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Guilherme Mazui

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What is the Difference Between Indian Management Institutes IIM and ISB?

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The Indian Institutes of Management (IIMs) and the Indian School of Business (ISB) are both prestigious management institutes in India, but they have some key differences:

  1. History and Tradition: IIMs have a long history and tradition of producing quality managers, with the first IIM established in Calcutta in 1961. In contrast, ISB is a relatively newer player in the field, established in 2001.
  2. Location and Infrastructure: IIMs are spread across various cities in India, with each campus offering a unique environment and infrastructure. ISB has two campuses, one in Hyderabad and the other in Mohali, following the "Two campuses, One school" mantra.
  3. Program Offerings: While both IIMs and ISB offer general management programs, ISB provides a broader range of specialized programs and electives catering to specific industries, such as entrepreneurship, family business, and more. IIMs, with their comprehensive curriculum, offer a wider breadth of courses across various management domains.
  4. Reputations and Global Recognition: ISB has swiftly gained global recognition through its collaborations with leading international business schools and its diverse student community. IIMs, on the other hand, have a rich legacy and have been pioneers in management education in India for several decades.

When choosing between ISB and IIM, factors to consider include eligibility criteria, alignment of your goal with the learning outcome of the program, location, duration, cost, and return on investment (ROI). Both institutions offer different management programs, and the choice depends on individual preferences and career goals.

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  • What is the Difference Between Indian Management Institutes IIM and ISB?
  • Comparative Table: Indian Management Institutes IIM vs ISB

    • Comparative Table: Indian Management Institutes IIM vs ISB

    Here is a table comparing the differences between Indian Management Institutes IIM and ISB:

    Attribute IIM (Indian Institutes of Management) ISB (Indian School of Business)
    Ownership Government-aided, autonomous Private
    Entrance Test CAT (Common Admission Test) GMAT (Graduate Management Admission Test)
    Admission More competitive, requiring 99 percentile marks Less competitive
    Reputation Older and more reputed, with a long history of producing quality managers Newer, but still highly respected in the field of management
    Rankings Higher rankings in global surveys, e.g., IIM-Ahmedabad ranks first in career progress in the Financial Times ranking Relatively lower rankings in global surveys, but still among the top business schools in India
    Alumni Satisfaction IIM-Calcutta achieves the highest rate of alumni satisfaction on a scale of 1 to 10 ISB has high alumni satisfaction, with a 205% increase in pay compared to pre-MBA levels
    Placements Better placements for students Placements are good, but not as strong as IIM's

    Please note that the data in the table is based on the available information and may vary depending on the specific IIM and ISB campuses being compared.

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    Guilherme Mazui

    Guilherme Mazui is graduated in journalism from the Federal University of Minas Gerais (UFMG) and a master's degree in Communication from the University of São Paulo (USP). In addition, he has experience in advertising writing and has worked as a content editor in several companies.