IIM Placement News: Has the shine of IIM faded? There is no job guarantee like before, know the reason..

IIM Placement News: Once upon hearing the name of IIM, people used to get the image of salaries worth crores and big multinational companies. But now times have changed. The placement data that came out recently from IIM Trichy has raised questions about the shine of this prestigious tag. According to the RTI data shared by Ravi Handa, there were a total of 384 students in the year 2024 batch of IIM Trichy. Out of these, 59 students did not get any placement offer. Apart from this, only 104 students have got an annual package of more than 20 lakhs.

Tough exam, huge fees… still uncertain future?

Getting admission to IIM is not easy. Students reach these institutes only after passing a tough exam like CAT. Along with this, MBA studies cost up to 20 lakhs. In such a situation, when there is no job guarantee, then questions are bound to arise.

Questions raised on social media: Is the IIM brand getting weak?
As soon as this data went viral, a debate broke out on social media. Many netizens expressed concern that the increasing number of IIMs in the country is reducing their exclusivity. Earlier, where there were select IIMs, now there is an IIM in almost every state, which has affected the brand value.

What is the truth of “100% placement”?

Some users alleged that IIMs put pressure on students to “opt out” to show better placement figures. That is, students are asked to show themselves out of the placement process so that the institute can claim 100% placement.

Old IIMs vs New IIMs: Companies' priority is clear

Old institutes like IIM Ahmedabad, Bangalore, and Kolkata are called BLACKI groups. Top companies still come to these institutes, but new IIMs, like Trichy, are not able to attract as many big brands. This is the reason why the difference in placements is visible.

Role of MBA in changing times

Earlier, MBA students used to get good offers from FMCG, consulting, and tech firms. But now tech companies are hiring interns directly from colleges like IIT or BITS. The need for an MBA degree is decreasing in some areas, especially in roles like product management.

When there is talent, but there are no opportunities.

An online user said that children are talented, but now the market is not that open. Companies have become more selective and demanding. That is, every student is not getting the same opportunity as before, even if he has good qualifications. Some people believe that so many students getting high salaries is a good thing, but Ravi Handa stressed that 15% of the students not getting any offer is a more serious issue. This forces us to think about the situation of new IIMs.

Is the purpose of education only a job?

Some users argued that the main purpose of IIM is to provide education, not to guarantee jobs. At the same time, some people also blamed reservation policies and institute expansion for the current situation.

Comparison with foreign B-schools: Is there a need to change our model?

Some people gave the example of B-schools like Harvard and Stanford. These institutes do not provide campus placements, but their network, industry connections, and skill-building are so strong that students easily get jobs.

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