IIM

Choosing between an MBA from an IIM and an M.Tech from an IIT depends on your career aspirations, interests, and skills, as both paths lead to highly respected and rewarding careers in different fields.An MBA from an IIM is best suited for individuals aiming to excel in management, leadership, and business strategy roles. It opens up opportunities in diverse industries such as consulting, finance, marketing, operations, and entrepreneurship. The programme equips students with strategic thinking, problem-solving, and people-management skills, making them ideal for managerial or leadership roles. It is particularly beneficial for those looking to transition into business domains, climb the corporate ladder, or even start their own ventures.An M.Tech from an IIT, on the other hand, is ideal for those passionate about engineering, technology, and research. It provides in-depth technical expertise and prepares graduates for advanced roles in engineering, R&D, and academia. IITs are globally renowned for their cutting-edge research and innovation, making this option highly attractive for those seeking careers in specialised technical fields or aiming for doctoral studies.In summary, an MBA from an IIM is for individuals targeting leadership and management positions, while an M.Tech from an IIT is ideal for those with a strong inclination toward technical expertise and innovation. The right choice depends on your professional interests and where you see yourself excelling. 

It all depends upon which IIM you get shortlisted, but considering your percentile in CAT 2023 that is 70, a very good chance stands by your side if the cutoff will be met by you in terms of that IIM.For example, IIM Ahmedabad will set the minimum overall cutoff at 60 percentile for ST candidates while others may be different. Normally, top IIMs such as IIM Ahmedabad, Bangalore, and Calcutta are higher with cut-off values generally more than 90 percentile in most of the cases but relax it for the reserved categories.Although your score may suffice for admission into some IIMs, admission is not guaranteed and will depend on your overall profile, including academic performance and performance in subsequent rounds like interviews.

Aside from IITs and IIMs, a notable Indian university that has performed well in the QS World University Rankings by Subject 2024 for Management Studies is the Indian Institute of Management (IIM) Raipur. It has garnered recognition for its strong academic curriculum, faculty expertise, and robust industry connections. Additionally, universities like the Shiv Nadar University and the Indian School of Business (ISB) also stand out in management studies, emphasizing innovative teaching practices and practical learning experiences. These institutions are dedicated to fostering leadership skills and strategic thinking among their students, which enhances their reputation in the field of management. The performance of these universities in the QS rankings reflects their commitment to excellence in education and their role in shaping future business leaders in India.

According to the general guidelines laid down by most Indian Institutes of Management (IIMs), hostel fees are not included in the base fee structure. The fee structure includes mainly tuition fees, academic resources, and other essential expenses; hostel accommodation and all related charges are extra.Fees for the hostel vary from IIM to IIM depending on the type of accommodation-single or shared room.Some IIMs provide accommodations within campus limits at different rates, depending on the kind of rooms or facilities, but others have additional, separate charges for food; security deposits; and all other utilities.Hence, check the specified fee structure of the particular IIM for exact details as hostel charges are included within the overall fee package by some IIMs and provided separately by others. Hence, while calculating the overall expenses for your course in IIM, you also have to consider the overall cost of living that includes hostel, food, as well as personal expenses to arrive at the total estimate.