subject: How to choose the right MBA School? [print this page] How to choose the right MBA School? How to choose the right MBA School?
According to Dr. Rajeev Kumra, faculty of IIM Lucknow, "The parameters before choosing an MBA school should be unique pedagogy, code of conduct, updated curriculum, faculty, infrastructure, alumni and placements."
How to choose the right MBA School?
-- Government Aided
The seven Indian Institutes of Management (IIMs) along with the soon to be launched IIM Ranchi, the management departments of various IITs, NITIE, and various other government universities offer MBA degree. Some of the better ones are FMS Delhi, Indian Institute of Foreign Trade (IIFT) New Delhi and Kolkata, JBIMS (Mumbai University), Banaras Hindu University and University Business School, Chandigarh.
-- Private
Majority of MBA institutes fall under this category. Some of the leading private MBA institutes are MDI Gurgaon, XLRI Jamshedpur and IMT Ghaziabad. Some MBA colleges are also promoted by corporate houses like BIMTECH and NIRMA Institute of Management.
Criteria to choose the right MBA School
According to Dr. Rajeev Kumra, faculty of IIM Lucknow, certain parameters should be analyzed before joining an MBA school. "The parameters should be unique pedagogy, code of conduct, updated curriculum, faculty, infrastructure, alumni and placements. These are the parameters you should judge before you choose an MBA school," Dr. Kumra emphasizes.
Dr. Kumra says that visiting a campus before taking the admission in an MBA school is a good idea. It gives you the idea whether the MBA school fulfills all the parameters or not. "A good MBA school teaches you how to think, cross functional competence, functional domain knowledge and team work," Dr. Kumra adds.
For an aspirant looking out for a good MBA school, extensive research on the B-schools of your choice is a way out - which means one should actually visit institutes websites and interact with concerned people. With the help of the internet, one can easily search the sites of various Indian as well as international management institutes. Likewise you can also get information about the alumni: these guys are important because they studied in that particular institute and would be more than happy to share their experiences. They should visit the websites, talk to the faculty, the alumni and recruiters. Management portals like MBAUniverese.com are also a good source to know what is happening at various B-schools around the year.
"As for selecting an MBA school, seeing is believing. Visit the campus of MBA school. Talk to former and present students, not just the faculty or director. Do not get carried away by advertisements," advises a top MBA expert.
"Some of the important factors students must keep in mind while choosing a MBA School are: the school`s reputation, faculty, curriculum, placements, fees, infrastructure and location. Also, there should be no ambiguity in the aspirant`s mind with respect to his areas of interest vis--vis the courses offered by the school. The profile of students is another factor that should not be ignored," adds the MBA expert.
Will the right MBAcollege choose you?
The admission to an MBA school is a two way process. Along with you choosing the MBA School, the institute should also choose you. All of you would like to join the top MBA institute like the IIMs, XLRI, etc. but what if you don't get selected by these institutes?
Dr. C S Venkata Ratnam, Director, IMI New Delhi emphasizes on the fact that though everyone wants to get through IIMs, the top MBA institutes doesn't have enough number of seats to cater to all the MBA aspirants of India. "If you can't make it to IIMs, it would be a wise decision to join a good MBA School, which is AICTE approved," Dr. Ratnam said.
