What all parameters should be kept in mind before selecting a B-School?
Hello aspirant,
Introduction:
3000 + institute in India offers management education, but only few of them offer quality education. Quality education and right B School directly impact your career aspects.However there are various B schools which offers quality education for a successful leap into business world. One can only reap the full benefits of MBA degree of it is only pursued by top B-School. Selecting the best b-school for self is not an easy job for there is a range of factors to be taken into consideration. To make this job easy for you, here you will get tips to select the best business school.
It is important to consider following parameters before selecting B-School:
-
Placement:
B-School reputation plays an integral role during campus placement. They invite rewnowned companies which offer good package.Salaries are only a related factor and should be the only reason for one to get into an MBA programme. Always check placement statistics before choosing B-School.It is common for most schools to not reveal the percentage or number of students who do not secure jobs.
-
Fee :
As MBA is quite expensive but it is one time investment which will surely give you return.Fee depend on various factors like campus infrastructure, quality education and it's brand value.Many top schools charge a pretty high fee of around 20 lakh while a few top schools charge as low as 3 lakh.The RoI (Return on Investment) needs to be considered carefully, particularly when the fee level is high.The RoI becomes a significant factor as one moves down the list of b-schools, particularly in schools beyond the top three categories.
-
Location of B-School:
Location of B-School is not straight forward parameter but important too.It doesn't mean that B-School in metropolitan cities are better than B-Schools in smaller areas.There could be an excellent school in a relatively inferior location. Always keep in mind that location plays not a minor role in attracting faculty and industry (for placements) to the campus.
Good brand always invite experienced faculty inspite of location. This is the primary reason why the New IIMs, despite being in so-called 'remote' places, have experienced faculty.
4.Rank, Accreditation and Specialization
A consistent rank tell about credibility of B-SCHOOL.However, the rank of a B school can also be measured with reference to its specializationIRMA is one of the best B-schools to pursue rural management because it specializes in the said course.
5. Course Curriculum and Teaching methodology:
Always check course curriculum before finalizing your specialisation. If the course curriculum entails both class room and outside the classroom teaching; it can be a potential ‘best fit' school.
6. Industrial knowledge:
If B-School will provide good industrial exposure along with internships then there will be great chance of career advancement opportunities.. It would be wise to enquire about the number of corporate interface workshops held each year in the campus.
7. Infrastructure:
Infrastructure of B-School should not be interpreted from the visual appeal but from the course relevant facilities.Well maintained infrastructure means good campus,well maintained architecture, seminar room etc.
8. Alumni:
Alumni are self explanatory.However, the statistics of the number of Alumni offered jobs in reputed companies is worth a consideration.
9.Approval/Affiliation:
School should be approved by government body,affiliated to a university .or having an autonomous status Accreditations are important because they are an assurance of receiving a quality education, they create goals for institutional self-improvement.
10. College environment :
The social environment created for a student by the campus is directly proportional to a positive outlook of a student towards his/her career. The campus culture will make or break your academic as well as social experience. Look for a management college which believes in keeping a healthy and interactive environment.
Conclusion:
One should behave like a rational customer before choosing any B-School.It is matter of your career.Your whole life depend on it. So take your decesion wisely .Last but not check feasibility.
Before selecting a B- school you must keep an eye over some important things :-
- The ranking of B-schools is the first thing to be considered while choosing a b-school.
- You must be sure of thespecialization in MBA you wish to take, so, decide a good business school that is only known for that.
- The Faculty also plays a vital role in selecting any business school.
- Placement rate is also necessary for selecting any B-school.
- Now, Industrial exposure in any field is necessary as practical knowledge is always important in this field. So select a b-school which have strong industrial collaboration, provide internships and this will help an effective link between practical and theoretical knowledge, and will the communication and intrapersonal skills.
- Also you can take into account, the infrastructure of the B-school. But according to me, if you have a talent inside, then you can success in this field.
hello aspirant
here are some of the parameter which you should be kept in mind while choosing b school
- carrer path that means in which domain you want to build your career , yu have to choose that specialized b school
- location of that
- cost
- acceriditation and affiliation of that particular b school
- network of the alumni
- rankings and reviews
- course curriculum
- batch size
hope this info helps
Dear aspirant,
Hope you are doing well. As per your query the parameters or the checklist you should always before taking admission or selecting a Buinsness School are-
1. Affiliation/ Approval
2. Campus Placement
3. College Environment and Culture
4. Rankings / Ratings and Reviews
5. Faculty
6. Infrastructure
7. Scholarships (if you need one)
8. Course Curriculum
9. Fee structure
Please click on the link below for more information and updates. Hope you find this helpful. Thank you.
https://bschool.careers360.com/download/ebooks/selecting-the-right-b-school




