I was reading Business Week online and realised that the PGPX is quite unique when a bean counter sits down and compares numbers. Sample this, for instance.
30 plus schools
Age /WE/ GMAT /(Admit/applied %) / Yield%/ Intl.% /Women%
IMD 31 /7.2/ 680/ 27/ 85/ 98/ 18
PGPX-II 33 /10/ 700/ 10/ 85+ /4 /6
Others schools
INSEAD 29/ 5 /702/ -/ 75/ 78/ 22
ISB 27/ 5/ 706 /26 /76/ 1/ 20
Harvard -/ 4.5/ 711/ 15/ 91/ 33/ 35
IMD, the other MBA programme with average age of its students more than 30, has an average gmat score of 680. PGPX, expectedly needs to have more international diversity( I have not counted the NRIs). Hopefully this will improve over the years. Surprisingly even gender diversity seems to be elusive !
Clearly, IIMA has chosen applicants with good WE and good gmat scores, a combination of the both the worlds, 30 plus & Others ! Also with such low selectivity (lower than HBS) and yields that could be upwards of 85%, PGPX could stand out as one of the toughest & most prized programmes to get into. Well, I must confess I am definitely feeling good about it.
I have not talked about the fee and cost to pocket for a student. Most obviously with its current tuition fee at INR 1 million, PGPX is extremely cost competitive and hence would provide the best ROI.
So, for a B school applicant, besides individual context specific parameters such as Post MBA goals, desired geography of work etc, this could provide an interesting insight into how a programme that is less than one year old, stacks up with the best in the world.
Disclaimer: The numbers compared are taken from the Internet sites of BW and IIM-A. The idea of this discussion is to use them illustratively and nothing beyond. It is not the intention of this post to debate the accuracy of the numbers presented. My apologies for any inadvertent mistakes.
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