Pursuing an MBA is a great start to advance in your career. But there are many universities that offer the course, and pursuing the course from a reputed institute is always more valued, especially if its from an IIM.
There are many benefits from doing an MBA course from IIM, read on to know more about them:
Education from a top faculty
Since IIM is one of the top institutes in the country, it is only natural that they have the best teaching faculty. What better reason join an institute than to learn from the most renowned names in the field? Since most IIM professors are also consultants which shows how highly skilled they are in their individual fields of their expertise, students learn a great deal from them, while working.
Better job prospects
Since students are exposed to education of such quality, it is no surprise that top companies are always on the lookout to hire them. In fact, having the IIM name on your CV will definitely push your application to the top of the pile. This works wonders in a market overcrowded with job applicants. With such a portfolio, a recruiter would definitely be looking to meet you and not pass up your CV. Companies that always look to sign IIM graduates are:
With the great skills that the student has developed learning from a reputed IM, the student is bound to get a higher pay as compared to the others. The average package that an IIM graduate can expect ranges between 10 to 20 Lakhs per annum. Though there have been cases where the top IIM students have received CTC between 70 Lakhs to 1 crore. IIM students who go abroad can also expect very good payments.
Opportunity for entrepreneurship
Students graduating from IIM have the liberty to try their hands at being entrepreneurs if for some reason they choose to change their mind and give up business in favor of full-time jobs their CVs will still hold high value inspite of the gap. This is a benefit that not many other students of other institutes can lay claim to.
Opportunity to interact with the sharpest minds in the country
Considering the high quality of education and stringent admission procedures, it is only natural for only the best students to get into IIM. This means that you will be privileged to work with some of the best minds in the country. This is a major benefit of studying at one of the IIMs.
The IIMs are known to have some of the best events and competitions on campus. These include ITC Interrobang, GSK Stratedge, HUL Lime and more. The opportunity to participate in these events is in itself a learning that few others can boast of.
So, if you are planning to study at a prestigious IIM but find the courses super expensive, you can opt for an education loan. At Avanse Financial Services, we offer student loans with multiple benefits such as quick sanctions, 100% finance and more. For more details, feel free to contact us.
We always aim to offer you competitive interest rates on your Avanse Education loan.
The rate of interest on your loan is calculated as: Interest Rate = Avanse Base Rate + Spread.
Our current Base Rate is 14.25% (WEF 01.05.2023).
The Spread is floating and is based on analysis of overall credit and course profiling.
This rate is subject to the terms and conditions of Avanse Financial Services Ltd.