Navigating Between Newer IIMs and Revisiting CAT 2018

Deciding whether to try for a new IIM or prepare for CAT 2018 can be a daunting choice, especially for individuals who already have a commendable 98.53 percentile in CAT 2017. The decision hinges on a myriad of factors, including career aspirations, brand perception, and strategic planning. This article will guide you through the choices and considerations involved in this decision.

Understanding the Differentiators: Newer IIMs and Legacy IIMs

It is indeed true that newer IIMs like IIM Kozhikode, IIM Indore, and IIM Lucknow run on the vision and ideology of the older IIMs such as IIM Ahmedabad, Bangalore, and Calcutta. However, the difference lies in their brand value. While some aspirants may have reservations about the newer institutions, it is equally true that these institutions are still in high demand. Seats at these newer IIMs are never left unfilled, and the curriculum and pedagogy match international standards, leading to impressive placement rates.

However, the choice is not as straightforward as it seems. Aspirants need to evaluate their

Evaluating Career Aspirations and Personal Freedom

To make an informed decision, one must carefully assess their career aspirations and personal freedom. The older IIMs like A, B, and C are undoubtedly the top choice, and securing a seat here would indeed be a dream come true. However, a 98.53 percentile after a year’s gap might not be achievable. As such, one must consider their possibilities and map them with their personal limitations. Is there a feasibility in maintaining such a high percentile after such a gap?

For example, EduThrill can be an invaluable resource in this journey. Using their instant ranking reports, you can gauge your performance relative to other candidates. This can help you stay informed and adjust your preparation strategy accordingly.

Considering the Pros and Cons of Delaying Your Preparation

One must also contemplate the impact of delaying preparation. The best jobs from campus go to freshers. Delaying your application by a year may reduce your chances of securing those desirable roles, especially if you have 2 years of work experience or are not from a tier 1 institute such as IIT, NIT, BITS, etc.

Upon reflection, an IIM is an IIM, regardless of its age. IIM Lucknow was a startup in the mid-80s, as were Kozhikode and Indore in the mid-90s. These institutions are now well-established, and you should no longer feel any shame in not having secured a seat at IIM A, B, or C. Many pan-IIM networking meets are now inclusive, and alumni from newer and younger IIMs often feel a strong connection with those from the older IIMs.

Placement Outcomes and Industry Perception

From a placement perspective, roles at newer IIMs are generally similar to those at older IIMs. While some companies may not have a direct placement drive for the newer IIMs, you can always make a lateral move there after working in the same industry for a few years.

Furthermore, many multinational corporations (MNCs) are now opting for the newer IIMs over the older ones, as they can find the best candidates there, thanks to the impressive 99 percentiles. Alumni from older IIMs have also priced themselves above the market, making recruiters prefer other good IIMs and non-IIMs.

Strategic Considerations: Dual Options

The final decision can be made based on strategic considerations. It is recommended to keep both options open and go for interviews. If you secure a position this year, you can decide then whether you want to join or strive for a better opportunity next year.

Ultimately, the choice between trying for a new IIM or preparing for CAT 2018 depends on your personal goals, aspirations, and readiness. By evaluating these factors and utilizing the resources available to you, you can make an informed decision that aligns with your professional and personal ambitions.