The criteria for admission to IIMs is segmented across various parameters. Each parameter is assigned a specific weight by each IIM while analysing the profile of a candidate. The parameters taken into consideration by the different IIMs can be different and here we have considered IIM Bangalore for reference. We will look at the weights assigned each of the parameters in the following two table.
At Stage 1:
After clearing stage 1, the candidate moves to stage 2 of the admission process, where the weights are rearranged as follows based on other parameters added.
At Stage 2:
Since the profile shortlisting is divided across many parameters, and the weights assigned differ, it is challenging but not impossible to get admission to IIMs with a low academic score. A student can get into the IIMs if he has a strong overall profile. This can be done if the candidate has worked to improve other aspects of his resume which includes:
Below are the few certifications that a candidate can take up if he is interested in taking up the field of finance:
Start-up internship– Interning with a start-up holds several benefits that are up for grabs. Start-ups provide hands-on experience and inculcate values like responsibility for your actions. The candidate gets to own the work that he does and implementation of ideas usually takes up less time in a start-up
Internship at a big firm or an MNC – Having interned at an MNC will hold many advantages as the brand name adds value to your resume. Also, working in an MNC helps you learn values like professionalism, time management amongst many others
MBA Marketing aspirants should look out for companies like ITC, HUL, Pepsico, Britannia etc.
MBA Finance aspirants can opt for companies like Mc. Kinsey, Goldman Sachs etc.
If you want to take up Human Resource (HR) as a major, working in policy and planning department for MNCs like Deloitte, Flipkart will help you get the desired experience
For candidates looking to pursue Operations major, working in the supply chain, procurement and logistics department in different MNCs should work out well
When compared to the older IIMs, the newer IIMs give some relaxation in the academic background. While one may require moderate academics to get into old IIMs, having low scores in 10TH and 12TH standard may not be a cause to worry if the candidates want to get into IIM Kozhikode, IIM Shillong and the new IIMs. Most of the new IIMs consider work experience along with profile traits like Gender diversity.
Below are the colleges listed that consider low academic score:
A student from IIM-B writes that despite scoring low in his academics (below 70% in 12th and mere 80% in his 10th), he was able to crack CAT and also get a call from IIMs. The student did not score well in Graduation as well. He completed his graduation from a regional college (got in through JEE mains). He managed to score an average of 60% marks in all semesters but volunteered at every event and took part in every possible competition. This mixed with a gazillion mocks that he gave, which strengthened his CAT score, helped him get a call from IIM. He was able to convert the IIM-B call based on his strong resume. He pursued his PGDM from IIM-B in a batch of 2018-2020. This success story is proof that with determination and the right planning anyone can nail IIMs.