MBA in 2016 or in 2017: Decide viewing the Rising placement trends

With economic slowdown over, ‘Make in India’ and ‘Start-up India’ infusing new energy in the industrial and corporate sector, the placement season this year in almost all the B-schools has shot to new heights and there are number of recruiters who are not looking for only IIM graduates but the MBAs who have good learning and can use their skills in the business market.

Delaying the admission without any concrete ground that next year you would get only the top B-school may not be a wise decision. Instead experts suggest to pick the best B-school where you can get admission and work hard as if you are inside the Fort and have to make your way to the top. Please remember it is not necessary that only IIM A, B, C will offer you the best where you can never be sure of admission in spite of scoring 99 percentile in CAT. But you can carve a niche if you grab the admission opportunity in a fairly good B-school that offers good career opportunity at least for its top few students.

The fact is that there are number of B schools who have better corporate interface than many IIMs and over the years have built up a reputation of offering good return on investment. The placement data on their site reveal this truth. You may check before taking admission decision to one of the  preferred B schools in 2016.  During the last 2 years placement in almost all the B-schools has grown by 15 to 40%.

It is not necessary that all the high percentilers in CAT 2016 would be shortlisted by all the IIMs nor all of these IIMs can be rated as good as many other non-IIMs and private B-schools who are rated much above than number of IIMs. Similarly many high percentilers in XAT 2016 have not been shortlisted by XLRI and XIMB and on the same ground even the top rank holders in CMAT 2016 and MAT 2015 & 2016 still remain undecided which B-school to choose now.

Your Career growth: The prime concern
The candidates who are still confused and are in wait & watch mode before taking any decision how they should choose the B-school according to their percentile out of the available options must take the decision now. They should take decision based on strong core parameters else they will miss the bus and neither the IIMs nor the other B-schools will offer admission to them, if the decision is not taken in time.

In fact MBA aspirants move one step forward and take 2 steps back whether they should invest lakhs of Rupees to study MBA where ROI may not be so good.

Many non-IIMs like FMS Delhi, JBIMS Mumbai charge much lower fee than IIMs but offer high placement packages by top recruiters even before the completion of the course. The Return on Investment in MBA education at FMS is so high that you complete the entire course with less then Rs.25000/- tuition fee and the total expenses including lodging & boarding do not go beyond Rs.1 lakh but the average placement 2016 at FMS is as high as Rs. 20.5 lakhs meaning the entire expenses on MBA education are recovered in a few days.  JBIMS also offers high ROI and with expenses of Rs.2 lakhs for MMS course, the B-school has achieved average placement 2016 at Rs. 18.3 lakhs making JBIMS as high ROI B-school.

While older IIMs also offer high ROI but their fee structure is equally high. However students recover all that they have spent on their MBA/PGDM education in a year or so. Other highly ranked B-schools like MDI, IMI, IMT, SPJIMR, NITIE are also in the category of high ROI B-schools although they also charge a good amount of fee for their PGDM courses. However, there is no doubt that the brand MDI, IMT, IMI, NITIE, BIMTECH will be available to you when you pursue your MBA from these B schools. The pride of being an MDI graduate or IMT graduate will be with you throughout your life.

High Placement in 2016 & 2015
Following statistical presentation will bring home the fact that rising placement in the B-schools has become one of the most important parameters to decide on the MBA admission

Please remember shortlisting is not the final admission offer. Almost all the good B-schools including IIMs, FMS, NITIE, IMI, IMT, MDI shortlist more than 10 times of their respective intake but out of 100000 shortlisted candidates only 10 to 20 thousands are offered admission in the flagship MBA/PGDM programmes.

Many private B-schools appear better at the same parameters as compared to many IIMs, you should also include them among your list of preferred B-schools. Even if you are sure of getting admission offers from more B-schools, you have to keep your order of preference ready so as not to delay the decision in favour of the best choice on selected parameters. The 3 core weighing parameters affecting your decision are shared below.

If you still find it difficult to decide on a better B school among all the good ones in accordance to your preferences like legacy, location, learning, infrastructure, intake, fee, placement, you are advised to seek help of counselling team at MBAUniverse.com where you can register free online with your details.

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