Great maths! I have spoken to a few people in the industry who recruit from TAPMI, and developed the same apprehension. No doubt most of the products of peninsular and Delhi-NCR B-schools are into IT/ITES, but then this sector requires a greater lot as well. 50-55K a month after 2 years that you can get without an MBA as well and mind you these typical service stations have a fixed system of increment thats a mere 5-10% annually (until n unless your CEO's daughter falls in love with you). But then again choice is in your hands no one is asking you to do MBA (I am thinking about the answers we give to WHY MBA? during interviews ..such a brat we are!) .. you have the whole curry in front of you, you know how it tastes but then to have er not is your take. I too wanna get into consulting (quite obsessed with McKinsey). PM me we can always have a talk as we have similar situations (I am also waitlisted #500ish) and work preferences.
waitison Says
I am wait listed at 596..and aware of the fact that I have to wait for a miracle to convert.But still the question is why there is so much hue and cry about TAPMI,specially after seeing this yr placmnt reoprt.44% IT/ITES recruitments...with typical service companies recruiting with an avg of 7.5-8 lakhs.I am passionate about consultancy and FMCG sectors but they are 9 and 8 % each.And if i am not wrong these jobs must be taken by the top rankers,so overall if i c i am paying 12 lakhs(10.5+1.5misc expenses) and most probably landing into a typical Indian service based company offering a pckg of 7.5-8 lakhs.The same one can easily get from any other college with less fess...so why TAPMI...my motive is not to disappoint the others who have already converted but to think twice befr spending 12lakhs.A packg of 7.5 lakhs in any IT company will fetch u 52-55k in hand and if u are going to get ur full fee financed be ready to pay 20 k as EMI for 7 years ,so u will be earning net 30k after 2 years,equal or lower than to many of us current salary.I was really passionate about TAPMI and rated it very high as I could get median salary on its website but was amazed and taken a back as the same was removed for this yr
An MBA is not done just to get higher salaries. I agree placements are of the major criteria's of choosing a B-school but its not the only one. One has to understand an MBA is about studying, learning, developing and improving skills and a lot more. Please do you consider colleges as a placement agency. Be thankful that they are at least placing you because in US and other major countries, you have to find a job on your own after an MBA. Also as you pointed out, one will fetch around 50k in-hand and probably 30k after deducting EMI (loan interest) and many will fetch more after working for 2 years, but remember that your chances of promotion and move higher up will be much faster now that you have secured management education from a premier institute and without doing MBA, one may face a lot of stagnation period. Also understand that not all will take loans, so their in-hand will be 50k! Besides, the placement this year has been done in a non-ideal economic scenario, it is only bound to improve if the economic scenario improves. Plus with AACSB now, hopefully some bigger companies and better profiles come to TAPMI now. If one thinks one can get IIMs or the top 10, then please give your best shot next year. Obviously there will be a profile difference between TAPMI and the top 10 colleges, there is no point in comparing that. All I want to say is make your two years of MBA count and learn as much as you can rather than just focusing on the placement at the end of the two years. If you are capable enough you will get a salary in the top half of the placements. So, work hard and command that! At the end I would conclude by saying it again, take MBA as an education and not as a ticket to higher salaries. ATB for your future! 😃
An MBA is not done just to get higher salaries. I agree placements are of the major criteria's of choosing a B-school but its not the only one. One has to understand an MBA is about studying, learning, developing and improving skills and a lot more. Please do you consider colleges as a placement agency. Be thankful that they are at least placing you because in US and other major countries, you have to find a job on your own after an MBA. Also as you pointed out, one will fetch around 50k in-hand and probably 30k after deducting EMI (loan interest) and many will fetch more after working for 2 years, but remember that your chances of promotion and move higher up will be much faster now that you have secured management education from a premier institute and without doing MBA, one may face a lot of stagnation period. Also understand that not all will take loans, so their in-hand will be 50k! Besides, the placement this year has been done in a non-ideal economic scenario, it is only bound to improve if the economic scenario improves. Plus with AACSB now, hopefully some bigger companies and better profiles come to TAPMI now. If one thinks one can get IIMs or the top 10, then please give your best shot next year. Obviously there will be a profile difference between TAPMI and the top 10 colleges, there is no point in comparing that. All I want to say is make your two years of MBA count and learn as much as you can rather than just focusing on the placement at the end of the two years. If you are capable enough you will get a salary in the top half of the placements. So, work hard and command that! At the end I would conclude by saying it again, take MBA as an education and not as a ticket to higher salaries. ATB for your future! :)
Dude! A perfect explanation but I beg to differ and many else will. My question is not about WHY MBA but WHY MBA from TAPMI. Paying a fees of 12 Lakhs and landing into a typical IT/ITES service company with a package of 7.5 to 8 Lakhs per annum is the main question. You are talking about learning, understanding wht an MBA is but this can be done from any institution..why only TAPMI.
My question still remains unanswered..why there is so much hue and cry about TAPMI....
the following are my background details: Xth: 87% XIIth: 85% (science) Graduation: 87%- Btech- completed in 2011 work ex of 1 yr (having been working since aug 2011) Cat score: 82 percentile.
I had appeared for the gd pi process for tapmi. I did get selected for the Gd and my interview went extremely well according to me. even the interviewers seemed pretty impressed. Also my extra- curricular profile is good.
I have been wait-listed 774. Do you think there is any chance of conversion? I am interested in pursuing pgdm in marketing.
Kindly help. Thanks
I am in II- WL- 36. What are my chances of converting & when will they finally declare whether I converted or not?? please reply.
An MBA is not done just to get higher salaries. I agree placements are of the major criteria's of choosing a B-school but its not the only one. One has to understand an MBA is about studying, learning, developing and improving skills and a lot more. Please do you consider colleges as a placement agency. Be thankful that they are at least placing you because in US and other major countries, you have to find a job on your own after an MBA. Also as you pointed out, one will fetch around 50k in-hand and probably 30k after deducting EMI (loan interest) and many will fetch more after working for 2 years, but remember that your chances of promotion and move higher up will be much faster now that you have secured management education from a premier institute and without doing MBA, one may face a lot of stagnation period. Also understand that not all will take loans, so their in-hand will be 50k! Besides, the placement this year has been done in a non-ideal economic scenario, it is only bound to improve if the economic scenario improves. Plus with AACSB now, hopefully some bigger companies and better profiles come to TAPMI now. If one thinks one can get IIMs or the top 10, then please give your best shot next year. Obviously there will be a profile difference between TAPMI and the top 10 colleges, there is no point in comparing that. All I want to say is make your two years of MBA count and learn as much as you can rather than just focusing on the placement at the end of the two years. If you are capable enough you will get a salary in the top half of the placements. So, work hard and command that! At the end I would conclude by saying it again, take MBA as an education and not as a ticket to higher salaries. ATB for your future! :)
That's all true my friend but I feel you've quite underestimated my knowledge. Most of the guys come from a middle class family who're majorly concerned about the finances. MBA is definitely about improving skills and all but then I fail to understand if all the institutes are so good then why the difference? What brings the difference? You do climb up the ladder much quickly but in absolute terms your increment is almost fixed. I am not saying its not worth joining any institute other than IVY league, but then what matters is your interest and focus. I can't spend 12+L INR to become a manager in an IT firm. I understand its not about the placement thing and what happens in US but there's always a cultural and population difference. The people who recruit you, be it an MNC, will be Indians only. I can't explain my mum or my in-laws that see I have an MBA degree from a good b-school, see I have the skills man and I am going to climb up the ladder much faster. No one has time to listen and experiment with you. And I too am hoping AACSB will work as a miracle for TAPMI but then it will take a few good years to build that. India is a quite rigid and emotion bounded country my friend.
can someone explain deadline of MAY 23 to withdraw 1st installement..
is it as per the AICTE rules..??
Seniors please reply
Still no takers..Is there someone who has got new IIM's calls n waiting for the result..U may find urself in a fix with the deadline coming into picture
That's all true my friend but I feel you've quite underestimated my knowledge. Most of the guys come from a middle class family who're majorly concerned about the finances. MBA is definitely about improving skills and all but then I fail to understand if all the institutes are so good then why the difference? What brings the difference? You do climb up the ladder much quickly but in absolute terms your increment is almost fixed. I am not saying its not worth joining any institute other than IVY league, but then what matters is your interest and focus. I can't spend 12+L INR to become a manager in an IT firm. I understand its not about the placement thing and what happens in US but there's always a cultural and population difference. The people who recruit you, be it an MNC, will be Indians only. I can't explain my mum or my in-laws that see I have an MBA degree from a good b-school, see I have the skills man and I am going to climb up the ladder much faster. No one has time to listen and experiment with you. And I too am hoping AACSB will work as a miracle for TAPMI but then it will take a few good years to build that. India is a quite rigid and emotion bounded country my friend.
Very true..thats the case with most of them..
N if m not wrong..most of the people who are doin MBA are the ones who are frustrated with the IT job they are currently in..
MBA at last boils down to things that are practical..The finances matter a lot at the end
That's all true my friend but I feel you've quite underestimated my knowledge. Most of the guys come from a middle class family who're majorly concerned about the finances. MBA is definitely about improving skills and all but then I fail to understand if all the institutes are so good then why the difference? What brings the difference? You do climb up the ladder much quickly but in absolute terms your increment is almost fixed. I am not saying its not worth joining any institute other than IVY league, but then what matters is your interest and focus. I can't spend 12+L INR to become a manager in an IT firm. I understand its not about the placement thing and what happens in US but there's always a cultural and population difference. The people who recruit you, be it an MNC, will be Indians only. I can't explain my mum or my in-laws that see I have an MBA degree from a good b-school, see I have the skills man and I am going to climb up the ladder much faster. No one has time to listen and experiment with you. And I too am hoping AACSB will work as a miracle for TAPMI but then it will take a few good years to build that. India is a quite rigid and emotion bounded country my friend.
Very true..thats the case with most of them..
N if m not wrong..most of the people who are doin MBA are the ones who are frustrated with the IT job they are currently in..
MBA at last boils down to things that are practical..The finances matter a lot at the end
As i said, If you wish, you can always try for the IVY league colleges this year. No one is forcing you to join TAPMI or any other college as a matter of fact. Saying something here will not help get better packages at TAPMI, it is what it is and TAPMI or any other college will do as much as they can to improve the packages and the profiles offered. There's no point in joining TAPMI and rambling and cribbing about it at the same time. Join it whole heartedly or there are opportunities else where as well. 😃 I suggest try for better colleges then that will suit and fulfill your needs. 😃 This is a decision of a life time, make it wisely, or else you will be cribbing these 2 years and all your life.
That's all true my friend but I feel you've quite underestimated my knowledge. Most of the guys come from a middle class family who're majorly concerned about the finances. MBA is definitely about improving skills and all but then I fail to understand if all the institutes are so good then why the difference? What brings the difference? You do climb up the ladder much quickly but in absolute terms your increment is almost fixed. I am not saying its not worth joining any institute other than IVY league, but then what matters is your interest and focus. I can't spend 12+L INR to become a manager in an IT firm. I understand its not about the placement thing and what happens in US but there's always a cultural and population difference. The people who recruit you, be it an MNC, will be Indians only. I can't explain my mum or my in-laws that see I have an MBA degree from a good b-school, see I have the skills man and I am going to climb up the ladder much faster. No one has time to listen and experiment with you. And I too am hoping AACSB will work as a miracle for TAPMI but then it will take a few good years to build that. India is a quite rigid and emotion bounded country my friend.
Hi Friend,
I understand you view point and feelings. See it is your perspective and logic and may be correct in your case but that does not generalize it. There may be people out here who are just inclined towards major learning in 2 years and then decide which job/field to opt for. I am sure 2 years of academic rigor will lend much more clarity about what to do. Your post above makes me feel that you should try and go for for Ivy league b-schools as in that case your dilemmas will be eliminated.
PS: Why to waste time trying to convince people about your perspective on a public thread.:)
A friend of mine when enters his registration number and date of birth, the website says incorrect date of birth entered. What would cause this problem?
A friend of mine when enters his registration number and date of birth, the website says incorrect date of birth entered. What would cause this problem?
Must be a database error, tell him to call tapmi asap, check their website for the number
As i said, If you wish, you can always try for the IVY league colleges this year. No one is forcing you to join TAPMI or any other college as a matter of fact. Saying something here will not help get better packages at TAPMI, it is what it is and TAPMI or any other college will do as much as they can to improve the packages and the profiles offered. There's no point in joining TAPMI and rambling and cribbing about it at the same time. Join it whole heartedly or there are opportunities else where as well. 😃 I suggest try for better colleges then that will suit and fulfill your needs. 😃 This is a decision of a life time, make it wisely, or else you will be cribbing these 2 years and all your life.
Oh alright dude. I wasn't cribbing over anything. That was just a discussion and exchange of opinions. No intentions to hurt anyone's feelings. I myself don't believe in just placements, but that was just a topic among every other topic hence i stuck to it. It's quite rare to find someone with the similar interest and focus as of yours, so just went with the flow. Great talking to you.
People its a major concern as U will have new IIM's declaring the result in May...n many colleges will have there wait-list movement going on till june 1st week.
can someone explain deadline of MAY 23 to withdraw 1st installement..
Dude! A perfect explanation but I beg to differ and many else will. My question is not about WHY MBA but WHY MBA from TAPMI. Paying a fees of 12 Lakhs and landing into a typical IT/ITES service company with a package of 7.5 to 8 Lakhs per annum is the main question. You are talking about learning, understanding wht an MBA is but this can be done from any institution..why only TAPMI.
My question still remains unanswered..why there is so much hue and cry about TAPMI....
It is the academic rigor, the faculty, the course structure and your peers is the reason why you should go to TAPMI. If you think this is not the reason then you can go to any institution like ****, Jaipuria or whatever. If package was the only criteria then people wouldn't go to IRMA, MICA and the likes. They wouldn't be ranked so high than al other colleges whose average is more than them. If this question you are asking for TAPMI, then the same can be asked for all colleges such as LBSIM, GIM, KJ, FORE, IMI, BIM, IMT etc. All these colleges are ranked so high than others (maybe 2500+ MBA colleges in India) because they are worth it! If you don't think so, you can apply to 'any' other college. The decision rests on you. And where IT is concerned, not just TAPMI but mostly all colleges have major placements in IT sector because the demand is more. BTW only 44% of TAPMI people are placed in IT, rest 56% aren't. Why not you be one of the 56%, no one at TAPMI will tell you to go sit for IT companies placements.
PS: I'm not comparing any college and don't wish to, each college is good and unique in its own way and I wish people take an informed decision.
I understand you view point and feelings. See it is your perspective and logic and may be correct in your case but that does not generalize it. There may be people out here who are just inclined towards major learning in 2 years and then decide which job/field to opt for. I am sure 2 years of academic rigor will lend much more clarity about what to do. Your post above makes me feel that you should try and go for for Ivy league b-schools as in that case your dilemmas will be eliminated.
PS: Why to waste time trying to convince people about your perspective on a public thread.:)
Alas! I never want anyone to enter into any sort of dilemma due to my words. As I mentioned that was just a tiny discussion with someone of same frame of mind. I requested to PM me after that same post. I am very sorry if it did to you as well be it even for a second. IVY league institutes are always everyone's 1st love, I am no different but there are other things in life as well. Thanks for your suggestion though. PS: All my statements are just a discussion over a single topic. Its not everything, just some juice. I am sorry if anyone got hurt knowingly or unknowingly.
People its a major concern as U will have new IIM's declaring the result in May...n many colleges will have there wait-list movement going on till june 1st week.
mcooljsr Says
HDFC Credila has a tie-up with TAPMI. Check out the fb page for converts and W/L ppl for more info regarding this!!
Thanku for the Info..did u apply for loan..if u could tell me whats the interest rate they are charging??
N do also have 23rd May as last day for withdrawal ??
Thanku for the Info..did u apply for loan..if u could tell me whats the interest rate they are charging??
N do also have 23rd May as last day for withdrawal ??
Credilla is 13% for 10 lacs without collateral...HDFC is 12%, i think uptill 7.5 lacs there isn't collateral and same with SBI as well. Anyways for loans and interest, talk to the respective banks in your area as rates may differ.