How do India’s Top 4 institutes TIME, PT Education, Career Launcher, IMS Learning – compare? The ranking offers a clear picture for MBA aspirants.
Before we look at the head-to-head comparison amongst top 4 Institutes, a recap of five critical parameters on which the ranking is based on: 1) Quality of students admitted 2) Quality of faculty imparting training to students 3) Academic inputs available in these institutes, 4) Physical infrastructure and 5) MBA results of students. Over 400 students from India's top B-Schools comprising IIM Ahmedabad, IIM Bangalore, IIM Kolkata, IIM Lucknow, IIM Kozhikode, XLRI Jamshedpur, Jamnalal Bajaj Institute of Management Studies, Mumbai, Management Development Institute Gurgaon, Shailesh J. Mehta School of Management - IIT Mumbai, Indian Institute of Foreign Trade, New Delhi, Department of Management Studies - IIT Delhi, SP Jain Institute of Management & Research Mumbai, International Management Institute New Delhi have participated in India’s first MBA Test-Prep Institutes Ranking 09.
Now, lets look at how each of the institutes perform on these five parameters:
Quality of Students
When it comes to admitting quality students, CL tops the list with an average score of 111, followed by T.I.M.E securing second spot with 106 score. PT Education, with an average score of 99 is almost at par with market average, while IMS having an average score of 85. To sum up, CL admits the best students while IMS is perceived to be weaker on this parameter.
Quality of Faculty
Only PT Education with an average score of 119 seems in a better position as far as quality of faculty is concerned. While T.I.M.E and IMS with an average score of 94 each share second position followed by CL at fourth position with score of 92. In a nutshell, PT Education can boast of having good quality of faculty while other three major brands T.I.M.E, IMS and CL need to improve on this front.
Academic Inputs
The data suggest that T.I.M.E with an average score of 107 has better academic inputs when compared to other three top brands. IMS occupies second place with an average score of 102 points followed by CL at third place with score of 97. PT Education has managed to register an average score of 94 and placed at fourth position. A concise overview suggests that T.I.M.E outscores other three top brands while PT Education needs improvement on this front.
Physical Infrastructure
As far as physical infrastructure is concerned, T.I.M.E tops the list with an average score of 108 while CL is placed at second spot with score of 103. IMS is below the standard average of 100 with score of 99 securing third position followed by PT Education at fourth position with an average score of 90.
MBA Results
When it comes to the results and success of MBA students trained by these top four institutes, IMS tops the list with an average score of 110 and T.I.M.E and CL share second position with 103 each. PT Education is below average mark with score of 83 securing fourth position.
After observing all these top institutes being analyzed critically on five different parameters, the strengths and weaknesses of all these institutes come to the front. The critical analysis will help MBA aspirants to think over each of the parameters separately while selecting Test-Prep Institutes.
India's leading management portal MBAUniverse.com constituted an advisory body to help formulate the research objective and methodology. The experts included leading academicians and researchers including Dr. R.K. Shukla - Senior Fellow and Chief Statistician, National Council of Applied Economic Research (NCAER), New Delhi; Dr. C.S. Venkata Ratnam - Director IMI, New Delhi; Dr. A.M. Sherry - Dean (Academics) IMT-CDL & Chairman, Joint Admission Committee IMT Group of Institutions; and Dr. Uday Salunkhe – Director, Welingkar Institute of Management, Mumbai, and Mr. Sanjeev Singh, VP, Annik Research.
According to the survey research methodology adopted for the ranking, students who are pursuing MBA programme at top B-Schools of the country have been polled for their assessment and feedback on their MBA test-prep institutes. To make the survey results more authentic and reliable, MBAUniverse.com conducted face-to-face interviews of currents MBA students, trained at different MBA coaching institutes, at reputed B-Schools of the country. Questionnaires were also used to seek the answers of MBA students.
MBAUniverse.com partnered with Annik Research Services, which is part of Annik Technology -- a global market research and analytics company. The company is part of $ 200 million Quatrro Group, owned by Raman Roy. Some of its clients include Microsoft, Novartis, Sony-BMG and AOL.
Stay tuned to MBAUniverse.com, India's leading management portal, for more updates on India's first MBA Test-Prep Ranking 2009.
