Criteria to choose the right MBA institute
According to Dr. Rajeev Kumra, faculty of IIM Lucknow, certain parameters should be analyzed before joining an MBA institute. “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 institute,” Dr. Kumra emphasizes.
Dr. Kumra says that visiting a campus before taking the admissions is a good idea. It gives you the idea whether the institute fulfills all the parameters or not. “A good MBA institute teaches you how to think, cross functional competence, functional domain knowledge and team work,” Dr. Kumra adds.
For an aspirant, 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 Net, you 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 institute, seeing is believing. Visit the campus. 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 B- 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-à-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 MBA institute choose you?
The admission to an MBA institute is a two way process. Along with you choosing the MBA institute, 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 institute 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 Institute, which is AICTE approved,” Dr. Ratnam said.
You can get a hint of the positions shared by the MBA institutes by eyeing on the B School rankings. You can have a look on the MBAUniverse.com and CNBC TV 18 ranking of India’s top MBA schools by clicking on the following link: http://www.mbauniverse.com/cnbcranking.php
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