IIMs vs. ISB- Fees Comparison Explained (Ex-BCG)

In this video, I share honest realities of salaries, fees, diversity, benefits, and Sector-wise Job opportunities answered for both ISB and IIMs.
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• ISB vs IIM - Best MBA ...
• The reality about ISB/...
• My Journey To ISB | IS...
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Have you ever wondered which amongst the MBA schools is the best fit for you?
To answer this question, we will divide this career insight into 5 sections.
Upfront Investment- Fees
Firstly, lets analyse the input cost to the institutions.
Currently, ISB costs around 33 Lakhs.
On the other hand, IIMs stand around 24 Lakhs. Of course, this is also a big investment.
Though, the notable point is that ISB has a one year programme. This, in my opinion, is its upside because you can quickly finish your degree and get back into the job market here.
The opportunity cost, in this case, is lower for ISB as you forgo only one year of your salary.
Diversity of Cohort
Coming to of your peer network.
ISB has more than 39% women and about 5-10% of international students. Comparatively, IIMs have almost negligible international representations and relatively lower female cohorts.
You may wonder why this diversity is so important.
The answer lies in the history of failed ventures and nations which were primarily caused due homogenisation of thoughts.
Diversity of thought facilitates different opinions, thereby enforcing innovation.
Teaching Model
Looking at the classroom teaching model.
Both these institutions have highly accredited academic professors.
In ISB, renowned professors from global institutions such as Wharton, Kellogg, Fletcher and akin fly in periodically to teach you. In fact, I had the privilege of attending a lecture from the mayor of New York on ethical leadership and responsibility.
This is where the magic happens.
The discussion and various opinions brought upon by the professors and students open your thought horizons.
At the end of the day, the MBA curriculum is supposed to question your mental model to generate holistic learning.
Job Pivotting by Sector
This brings us to one of our most important sections, which includes the new sectors MBA can help you discover.
ISB is largely known for its consulting and product management based employment. My classmates at ISB joined various unicorns and leading ventures in ed-tech and fin-tech. Whereas, IIMs generally have better marketing and finance related jobs over and above consulting.
Your next question is perhaps why this distinction occurs in the first place.
So, the average experience of an ISB student is 4.5 years and that of an IIM student is less than a year.
Many marketing firms typically look for freshers for their job profiles, so IIM become a an ideal source for them.
Average CTC
Diving straight into the most awaited section.
ISB reported an average of 32 lakhs per annum CTC.
While the CTC for IIMs was around 27 lakhs. The reason behind this distinction again lies in the average number of work experience per student.
To conclude, I am purposely not giving a very specific answer. Both institutions have their stronger points. Nevertheless, there are various alternatives to an MBA.

[@ShivamRaj-is6oq]

now isb fee is 43 lakhs

[@SuperFatafati]

No its not

[@Bandrooo]

Yes it is

[@justiceclarified8426]

​@@SuperFatafati 48lakh

[@akshatbhardwaj7163]

Fees of IIM ABC is also around 30 lakhs.

[@notKAL_AANA]

It touched almost 50 lakhs this year

[@user-zr4qs7wl8d]

One should not just evaluate the value by the fees alone..focus on the learning and experience you'll get and try to see things from a long term perspective .Imagine after 10 years you'll become a MD of an MNC keeping other factors constant like (economy and profitability of the company ) and to get to that position mba college will play a huge role but again don't trade your Health in the process .

[@SparrowJack53]

Atleast we have that satisfaction of spending 20-25 lakhs for 2 years. Becasue In terms of Ranking and Placement both are same. So we learn more in 2 years than 1 years. Note: ISB only give admission for candidates who have mandatory 2 years of work experience, but here in IIM no need for that. And also in terms of exam as of now CAT requires 2400 and GMAT requires 23,000. By considering these points IIM wins

[@creative_mind125]

By your these point ISB win 🥲

[@sanskarjaiswal3586]

What we will study in just 1 year??

[@yuvrajroy1257]

Now ISB fees is 50 lakh/half crore

[@sync1832]

There is only 1 ISB and there are multiple IIMs so chances of admission is greater in IIms

[@Shatakshi.Sharma]

Advance your career and salary at GGI MBA here- www.globalgovernanceinitiative.org/ggi-scholars

[@raunakbanerjee5131]

both are same, lets say you make 10lpa and join a top tier IIM. Total oppotunity cost 30(fee,tuition,international sem)+ 10+11(two year salary have considered 10% increment)- 2 LPA(IIM intern stipend)= 49 LPA For ISB- 36+10= 46 LPA.

[@Shatakshi.Sharma]

Interesting

[@dilipchavda4463]

But IIM is brand

[@YS27122]

But as an ISB graduate u would have 1 extra year of work experience everytime compared to an IIM. So lets say u switch to a new company, u would leverage that experience to get much better package. So the headstart of an ISBian would always be ahead of an IIM.

[@kikaa1884]

I am Btech CSE dropout but I am making 6 lakh rupees per month from Rental property and Investments I dated ISB graduated girl for 2 years she is 25 years old girl from Kerala state she is very beautiful and attractive I want her so badly and lost my virginity to her but didn't marry her because her caste is different and my caste is different 😅😅😅😅 Me and her from general caste but I wanted to marry ideal Hindu girl from my caste so I left her after 2 years I had a beautiful time with her 😅😅😅 I am crorepati and my dad is multi millionaire Look I am 27 years old so please understand my problem and issues She truly loved me but I wanted a casual relationship that's all OK she wanted to marry me but I said my family won't accept you as daughter in law she felt bad and left the place because she is also Virgin girl before she dated me. I am Indian from Big landlord,Zamindar,,Industrialist family of Telugu speaking family 😊😊😊😊 She is athletic built girl like me so I got attracted to her actually 😊😊😊

[@kikaa1884]

Girls should understand I stayed virgin till age 27 which is big thing for me so I preyed on ISB graduated girl who studied CSE in BITs pillani 😊😊 and did graduation in ISB Hyderabad.

[@jainarayangupta364]

mam can you please tell what are your learning sources. thank you

[@sayanbera6527]

Tell about ISB, Bengaluru.

[@UTKARSHAGUPTA-pk9ti]

But, with ISB there isn't any scope for freshers!

[@Rumour10]

as MBA shouldn't be

[@AdityaY.j]

Madam ji Please remove upper age limit

[@poddaraman31]

IIM Ex MBA vs ISB Both are 1 year MBA

[@4321rpraveen]

MBA is dead field...v interview for developer role in my company and many were managers who r afraid they will get fired... managers or Management ppl r non productive ppl who don't add any value.. like Elon musk who prefers as little Management as possible.. Ppl need technical managers... better do masters and be skilled developer

[@Resfeber123]

I completely agree I coming from non-tech bckg saw multiple layoffs in last 1 years and I am into core of Projects but not a PM… I may sound noob but getting myself into SQL was a big step and also getting into analytics…..

[@angeshkumar3064]

Same goes for all kind of engineering degree other than cs😂

[@AbhishekSharma-vm7tr]

Mam make video on what sector should anyone go and what will be best for salary and good career if someone starts from level one especially who are nit in imm or isb because fee is very high Like i am just graduate Can i make big without mba if i have skills and dedication

[@ruhaanpathan8544]

Mam, I need career advice, I am going to Emlyon buisness school, France is it worth it.

[@poddaraman31]

Yes it is

[@lucifer8257]

​@@poddaraman31 usme jate kese hain ?

[@justiceclarified8426]

​@@lucifer8257 plane lele

[@ranajaydas8906]

No... Won't get job in europe as well as india