@ybichu Again thanks a lot for your suggestions !!! this information will be of immense help to me 😃 cheers !!!
@ybichu ok
thnks fr d 'eye opener'
all d best wid ur job :)
but it doesnt change my mind
highly persnl lookout
i neva mnt ur institute ws bad, bt i hav my own priorities
hope u get me
cheers!
thnks fr d 'eye opener'
all d best wid ur job :)
but it doesnt change my mind
highly persnl lookout
i neva mnt ur institute ws bad, bt i hav my own priorities
hope u get me
cheers!
@chi29 It was never meant to be an 'eye opener' for you. (Don't take me in a wrong way)
You had mentioned comments like 'they have a problem of placing their students' and
'it is not a good option till europe's economy comes up' which I believe are not correct.
'it is not a good option till europe's economy comes up' which I believe are not correct.
Secondly, I respect your opinion but I think unless you are/were a part of the institute you cannot really advise someone about it (on the basis of your perception) So that's the reason I tried to mention all the facts in my last post about IGTC, Mumbai. And yes, everyone has their own priorities, no one is trying to change them. No offence meant whatsoever.
Cheers!! 😃
:)
i wudnt choose to b der, hwever
@chi29 That wasnt my concern any which ways.. I just wanted to present the facts.. Nothing else.. :)
Could you throw some light on placements ie average,highest ,median if possible,also if is a certificate course ,is it comparable with diploma course, as IIM and ISB provide PGDM which is a diploma course.Also the programme is not recognised by any indian educational regulatory body.If someone wish to change the job he might not get the prefrence as IGTC is not that popular ,as there are many foreign institutes which have operate in India eg Lanacaster University,however it has been shut down which is the biggest concern.Also no MBA coaching class ever promotes or provides any details about IGTC
@Norway Well, as you might be aware, most of the german companies are into manufacturing while there are some other non-manufacturing companies also.
Our batch had many engineers with an experience in manufacturing sector and these guys were given preference by the companies.
Well, I am not sure whether you are aware of it, but I would just like to mention one thing. At IGTC, the Personal Interview is conducted by the Companies themselves (for the shortlisted candidates after Entrance exam and GD).
Hence, you get to know which companies are going to interview you. If its a manufacturing company (which happens in most of the cases) you will definitely get preference.
And your experience will be considered by other companies also.
I hope I have understood and answered your question properly :)
@Kit811
Certification and Recognition
Yes, as you rightly said, any Indian Regulatory body does not recognize it, but it is surely recognized in the industry (I have been placed now and I can definitely confirm that).
Talking about shifting your job, once you work with a company for a couple of years (after getting a placement post completion of the course) what really counts, is your experience and the reputation of the company where you have worked. I can assure you that this is not a problem for IGTC because our Alumni is very well placed in the industry and they are definitely recognized as MBA grads.
Don't compare
Talking about ISB and IIM, these institutes are consistently ranked amongst the Top 5 in the country. So, I would definitely not compare IGTC with these colleges. But what I can assure you is, we have excellent faculty (from JBIMS, SP Jain, Welingkar etc) and other industry experts, which is a very strong point. Secondly, IGTC gives a certification (and not diploma) but it is highly recognized in the industry. Not only German companies but many Indian companies also consider the certification as an equivalent to an MBA degree. Alongwith the PGPBA, we get a German Certification of an Industrial Manager. There are a few candidates who got placed with Indian companies (one company is one of the major banks in the country and the other one is a retail giant) I don't know whether it's appropriate to mention company names, so I am avoiding it.
Not a Foreign Institution
Lastly, you mentioned about Foreign Institutes, IGTC was setup in the year 1991 for providing management education to budding managers of german companies. It is more or less an Indian Institute with the PGPBA based on German Dual Education Programme. It is not a European University/Institute with one branch in India which can shut down.
My Advice
Wish you all the very best :)
Placements and Packages
At IGTC, the average packages are around INR 4-4.5 Lacs p.a. There are always a few people who get more than this average and there are some who get less. Many of the partnering companies have pre-defined packages for freshers and for candidates with experience. What I have realized is, more than the package, you get an opportunity to work with a reputed company and that definitely gives you that stepping stone in your career.
At IGTC, the average packages are around INR 4-4.5 Lacs p.a. There are always a few people who get more than this average and there are some who get less. Many of the partnering companies have pre-defined packages for freshers and for candidates with experience. What I have realized is, more than the package, you get an opportunity to work with a reputed company and that definitely gives you that stepping stone in your career.
Certification and Recognition
Yes, as you rightly said, any Indian Regulatory body does not recognize it, but it is surely recognized in the industry (I have been placed now and I can definitely confirm that).
Talking about shifting your job, once you work with a company for a couple of years (after getting a placement post completion of the course) what really counts, is your experience and the reputation of the company where you have worked. I can assure you that this is not a problem for IGTC because our Alumni is very well placed in the industry and they are definitely recognized as MBA grads.
Don't compare
Talking about ISB and IIM, these institutes are consistently ranked amongst the Top 5 in the country. So, I would definitely not compare IGTC with these colleges. But what I can assure you is, we have excellent faculty (from JBIMS, SP Jain, Welingkar etc) and other industry experts, which is a very strong point. Secondly, IGTC gives a certification (and not diploma) but it is highly recognized in the industry. Not only German companies but many Indian companies also consider the certification as an equivalent to an MBA degree. Alongwith the PGPBA, we get a German Certification of an Industrial Manager. There are a few candidates who got placed with Indian companies (one company is one of the major banks in the country and the other one is a retail giant) I don't know whether it's appropriate to mention company names, so I am avoiding it.
Not a Foreign Institution
Lastly, you mentioned about Foreign Institutes, IGTC was setup in the year 1991 for providing management education to budding managers of german companies. It is more or less an Indian Institute with the PGPBA based on German Dual Education Programme. It is not a European University/Institute with one branch in India which can shut down.
My Advice
My advice would be, visit the institute, and interact with the staff at IGTC and most importantly with the students current batch. They can give you a good perspective because all of them have completed at least 1 training stint with their companies and 1 semester (which we call phase)
IGTC is not very popular, the reason being, its an educational wing of the Indo-German Chamber of Commerce (which is an NGO) so the course was never promoted in a big way.
IGTC does not have tie up with any MBA entrance exam coaching classes and you will not find IGTC forms anywhere except the official website. The most important part of the selection process is the GD and PI, and unlike many other institutes, the candidates' overall profile is considered here.
IGTC does not have tie up with any MBA entrance exam coaching classes and you will not find IGTC forms anywhere except the official website. The most important part of the selection process is the GD and PI, and unlike many other institutes, the candidates' overall profile is considered here.
Wish you all the very best :)
could you let me know the highest package as i have around 4 years of exp
@ybichu hmmmm wat shud i say....
i do understand ur stand
i already hav an experience and i know wat it feels lyk to see ur most precious yrs bng wastd wid smthng useless
i want u to understand dat i m nt pointng out igtc in dis case, it might b a gd institute
its just dat i want ppl to b prgmatic and since we all r in d same boat i kno hw serious we all r regarding investng our hard earnd money in a course
i dnt hav n e thng against ur institute
the fact dat it is nt approvd by aicte plus neither is it a diploma or a degree makes it a bit complicatd to b really considerd fr a thoughtful investmnt
once again, i m nt pointing out, it is my look out
i hav a request, please do nt compare IIMs, they hav a different level and no one cn deny dat d placements dat they get r also of diffrnt level, even if they are not providing a degree the weight that their diploma carries, the way they conduct the course, the program design, the brand factor (here i majorly mean trust that ppl hav on iims) their expenditure per student and returns on it and many such other thngz are completely diffrnt, out of comparison
i din hav n e one to guide me when i made a decision so i just took an opportunity to bring sm facts which i encountrd and which i believe were important, rational and worth considering while thinking of doing a p g
i seriously dnt hv n e thng against igtc neither m i here to do n e bad publicity about the institute. i just presntd the facts dat i found and the inferences that i derived. it is my perception to which i believe pagalguy gives a platform to potray
i had no intention of inducing anyones decision
i do understand ur stand
i already hav an experience and i know wat it feels lyk to see ur most precious yrs bng wastd wid smthng useless
i want u to understand dat i m nt pointng out igtc in dis case, it might b a gd institute
its just dat i want ppl to b prgmatic and since we all r in d same boat i kno hw serious we all r regarding investng our hard earnd money in a course
i dnt hav n e thng against ur institute
the fact dat it is nt approvd by aicte plus neither is it a diploma or a degree makes it a bit complicatd to b really considerd fr a thoughtful investmnt
once again, i m nt pointing out, it is my look out
i hav a request, please do nt compare IIMs, they hav a different level and no one cn deny dat d placements dat they get r also of diffrnt level, even if they are not providing a degree the weight that their diploma carries, the way they conduct the course, the program design, the brand factor (here i majorly mean trust that ppl hav on iims) their expenditure per student and returns on it and many such other thngz are completely diffrnt, out of comparison
i din hav n e one to guide me when i made a decision so i just took an opportunity to bring sm facts which i encountrd and which i believe were important, rational and worth considering while thinking of doing a p g
i seriously dnt hv n e thng against igtc neither m i here to do n e bad publicity about the institute. i just presntd the facts dat i found and the inferences that i derived. it is my perception to which i believe pagalguy gives a platform to potray
i had no intention of inducing anyones decision
@chi29 Hello again..
I don't know why but I think this is turning out to be an argument rather than a discussion, so this is my last reply to your post.
Firstly, the total course fee is INR 2.5L and the average package here is almost two times of the fees that one pays. So the return on investment is definitely good. The placement record is 100% for the past 7-8 years and this year, only 15-20% of the class is yet to be placed and interviews are still happening and the placement process is still on.
I agree that the institute not being approved by AICTE/UGC, definitely doesn't seem fascinating. But it has other advantages, which I have mentioned in the last post.
For me and for many others, this was definitely a very thoughtful investment. (Cannot comment about others)
As you have mentioned, I never tried to compare it with IIMs or ISB. What I said was, even these institutes do not give degrees. If you check out my last post, I have made it very clear that 'ISB and IIMs, are institutes which are consistently ranked amongst the Top 5 in the country. So, I would definitely not compare IGTC with these colleges'
You have mentioned about the course design, placement and many other things at IIMs which I never compared. Even I have done my bit of research before enrolling for the IGTC course and even I know what IIM is and what it means to people. I have colleagues who have done their MBA from IIMs and they are doing exceedingly well. So please don't say that I tried to compare IGTC with IIMs and other BSchools. Just because I mentioned the names to say that even they don't give a Masters Degree does not means I am comparing them.
Most of the people do not have any guide, and even I never had one. I have made my own decisions as well. Its good to see that you are putting your thoughts and perceptions here but I believe I know more about the Institute and the facts related to it, so I thought I will present mine.
I know that you don't have anything against the institute and I totally respect your opinions. But I think it is my duty as well to present my experiences and my thoughts because it has definitely helped me a lot in building my career.
Lastly, I am not here to promote my institute. But I just want to reach out to people who really want to know what exactly IGTC is all about. The reason being, 2 years back I had the same dilemma but no one replied to my post (here on PG). I don't want the same thing to happen again. So, I am trying to answer whatever queries people have about IGTC.
I am also going to request other Alumni to participate in these discussions so that I am not the only one talking about it.
I apologize if you found my comments harsh/inappropriate but I tried my best to present the facts based on my experiences here.
Wish you all the best once again. :)
I don't know why but I think this is turning out to be an argument rather than a discussion, so this is my last reply to your post.
Firstly, the total course fee is INR 2.5L and the average package here is almost two times of the fees that one pays. So the return on investment is definitely good. The placement record is 100% for the past 7-8 years and this year, only 15-20% of the class is yet to be placed and interviews are still happening and the placement process is still on.
I agree that the institute not being approved by AICTE/UGC, definitely doesn't seem fascinating. But it has other advantages, which I have mentioned in the last post.
For me and for many others, this was definitely a very thoughtful investment. (Cannot comment about others)
As you have mentioned, I never tried to compare it with IIMs or ISB. What I said was, even these institutes do not give degrees. If you check out my last post, I have made it very clear that 'ISB and IIMs, are institutes which are consistently ranked amongst the Top 5 in the country. So, I would definitely not compare IGTC with these colleges'
You have mentioned about the course design, placement and many other things at IIMs which I never compared. Even I have done my bit of research before enrolling for the IGTC course and even I know what IIM is and what it means to people. I have colleagues who have done their MBA from IIMs and they are doing exceedingly well. So please don't say that I tried to compare IGTC with IIMs and other BSchools. Just because I mentioned the names to say that even they don't give a Masters Degree does not means I am comparing them.
Most of the people do not have any guide, and even I never had one. I have made my own decisions as well. Its good to see that you are putting your thoughts and perceptions here but I believe I know more about the Institute and the facts related to it, so I thought I will present mine.
I know that you don't have anything against the institute and I totally respect your opinions. But I think it is my duty as well to present my experiences and my thoughts because it has definitely helped me a lot in building my career.
Lastly, I am not here to promote my institute. But I just want to reach out to people who really want to know what exactly IGTC is all about. The reason being, 2 years back I had the same dilemma but no one replied to my post (here on PG). I don't want the same thing to happen again. So, I am trying to answer whatever queries people have about IGTC.
I am also going to request other Alumni to participate in these discussions so that I am not the only one talking about it.
I apologize if you found my comments harsh/inappropriate but I tried my best to present the facts based on my experiences here.
Wish you all the best once again. :)
@chi29 This was my post, around 19-20 months back, I was exactly in the same situation what many of the guys here are in right now. This is the only reason, I am trying my best to help out others who want to know more or those who have any queries. And this post is in the same thread. I have just quoted it. U can check out page 2-3 if you want. Hope you understand.
@ybichu said:Hey indianladka420,.I am also facing the same dilemma at the moment,.I have been shortlisted for the interview process at IGTC and at the same time I have also been shortlisted for an AICTE approved PGDM program,..I have visited the centre and I am quite happy with everythn,.Had a word with some of their ex students and they are happy with decision of coming to IGTC,. all of them are placed with decent packages,.The only thing that is bothering me is the AICTE approval,..But what i think is that,. the course makes you capable enough to get a good job with a decent pay pack (Avg Pacage - 4.5L as claimed),.and starting your career with a reputed german company really seems to be fascinating,.They say that after working for more than two years., Its your experience (Company and Job profile) that really matters and not the recognition of the degree,..But they have a network of 6000 odd companies out of which around 2500 are really the big names in the industry,.I have got my interviews scheduled on 7th June,. I will try to keep the IGTC threads updated,.
ybichu how are the placements for executive mba
@ybichu The average package for most of the below average B Schools at Mumbai is around 4-4.5 lakhs, also the advantage of these colleges is that the course is approved by AICTE .So why not join these below average BSchools than joining IGTC,I think IGTC should try that their students should get an average package of around6-7lakhs,as Germany has a stronger economy as compared to other euro zone,for those who have not appeared for any entrance exam ,IGTC is a good option( for freshers especially)
Dear Admin/Moderator,
It took great efforts to put down all the facts about IGTC..
Being an IGTC Alumnus I was trying my best to answer the queries on this post..
I don't know why all the posts were deleted..
The views were totally unbiased and I was just mentioning all the facts,.
The discussion was turning out to be an argument with chi29 and hence I replied to him last time yesterday..
I really think there wasn't anything wrong mentioned in my posts that they had to be deleted..
I would really appreciate if you reply to this post.. I tried to find out how to PM the admin/moderator but couldn't find it..
@chi29- training companies which are not in Mumbai, though they don't provide accommodation and transport but stipend is paid so that student on his own can take care of the necessities.
regarding placement its not most of the students who are not placed , placement is 80% for the passing out batch which is more than a average figure compared to other B-schools in Mumbai
@Shruti1391 -difficulty level of exam is equivalent to CMAT . even the exam topics are similar to CMAT
hey puys the avg package for IGTC is 4.5 lakhs ,which is comparable with all the below average B schools based at mumbai,so wat the point in doing mba from IGTC.As the mumbai B Schools provide a degree approved by AICTE,the package at IGTC should be around6-7 lakhs so that it can stand above the crowd,as the German economy is the strongest among the all Euro Zone.