Methodology to Select Best MBA College for Direct Admission

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Methodology to Select Best MBA College for Direct Admission

The B-School or MBA college categorization process adopted by us is an elaborate multi-step process where due weightage is given to the statistics available about an institute in the public domain and the opinion of experts at Ace1Guru. This unique blend of expert opinion and objective data makes it the most accurate categorization available. In this article we will be discussing about the Methodology to Select Best MBA College for Direct Admission.

However, if you require any detailed information get in touch with us at Contact us at Ace1Guru+91-9742479101(Ankit Mishra) / +919742886036 (Anis)/+91-9035556036 (Mayur Gautam) /+

The objective parameters used comprise:

(a) Placement data ** Select Best MBA College for Direct Admission **

(b) Cut-off score in entrance test ** Select Best MBA College for Direct Admission **

(d) Age of the MBA college ** Select Best MBA College for Direct Admission **

(e) Programme fee ** Select Best MBA College for Direct Admission **

The MBA colleges or B-Schools in the list below are divided into:

** Select Best MBA College for Direct Admission **

“Seven Broad Categories”

** Select Best MBA College for Direct Admission **

Top 10category features world-class institutes, such as the older IIMs, that every student aspires to secure an admission into. Many of these institutes are comparable with the best in the world. These institutes invariably have a 100% placement record. Even the not-so-academically-good students at these institutes manage to get good jobs on account of the ‘rub-off’ effect of the institute.

** Select Best MBA College for Direct Admission **

AAA categories of institutes are excellent MBA Colleges or B-Schools in their own right. They offer high quality of management education, faculty, and infrastructure facilities. These institutes have a 100% placement record in most cases. A significant number of the top students at these institutes are able to secure placements that are comparable to those offered at the Top 10 institutes.

** Select Best MBA College for Direct Admission **

AA, A, and BBB categories of institutes offer a high quality of education, faculty, and infrastructure facilities even though these may not be comparable to those institutes in the top two category institutes. These institutes are successful in providing high quality placements to their top students, especially those with effective communication skills, but may not have a 100% placement record in all cases.

** Select Best MBA College for Direct Admission **

BB and B categories of institutes are those that are well regarded at the local level. These institutes may not provide too many national-level placement opportunities but are generally successful in providing placements to many of their students with prominent local companies.

** Select Best MBA College for Direct Admission **

Apart from all these, we have also listed MBA colleges or B-Schools under the ‘Others’ category, which has institutes that may be found to be lacking in one or more of:

(a) Infrastructure ** Select Best MBA College for Direct Admission **

(b) Industry interface ** Select Best MBA College for Direct Admission **

(d) Alumni network ** Select Best MBA College for Direct Admission **

(e) Curriculum ** Select Best MBA College for Direct Admission **

(f) Placements ** Select Best MBA College for Direct Admission **

However, we believe these colleges are better than the hordes of others which do not feature in our list at all. You are advised to get thorough information about these colleges (by visiting the campuses and speaking with past and current students) before taking any decision regarding them.

** Select Best MBA College for Direct Admission **

Within a category, there is not much difference between schools. For example, a slight edge that one school has due to placements may be balanced by the advantage on cut off that another school from the same category has. That would mean that one has to treat all the MBA colleges or B-Schools within a category at par while using this list to decide on the schools to apply to.

** Select Best MBA College for Direct Admission **

Keeping in line with this spirit that our classifications have been following every year, AAA category has been extended this year to 15 MBA colleges, up from the traditional 10 that we had so far. You would notice that all the seven new IIMs (i.e., the six new IIMs and IIM Shillong) are in the AAA category. Over time, we expect some schools in this category to outperform the others (in the same category) staking claim to a higher category for themselves. As of now, there is hardly a case for these 15 MBA colleges to be put in separate categories and students are advised to treat them to be at par.

** Select Best MBA College for Direct Admission **

An extremely important factor that students need to keep in mind is that, regardless of the kind of school they get into, their academic performance on campus plays a very important role in determining the kind of return they get out of their MBA. It is inevitable for all schools to have students who are laggards and their placements may not be the envy of many.

** Select Best MBA College for Direct Admission **

Similarly, the really good performers from the schools in the lower categories bag the best of placements from their campuses and make the most of their MBA. The obvious point that many miss is that the students who work hard during their MBA in all categories of MBA Colleges or B-Schools, certainly do much better than the rest.

** Select Best MBA College for Direct Admission **

Contact us to Select Best MBA College for Direct Admission at Ace1Guru+91-9742479101(Ankit Mishra) / +919742886036 (Anis)/+91-9035556036 (Mayur Gautam) /+91-8042173206 (Office Landline) or email us at contact@trump.net.in and we will get in touch with you within 48 hours.

How will this Categorization Help You?

** Select Best MBA College for Direct Admission **

The list of top MBA colleges or B-Schools is a valuable guidance that will help students picking their set of MBA colleges or B-Schools to apply to. The first question one should ask is, ‘How many B-Schools should I apply to?’ The answer to this depends on a few factors.

** Select Best MBA College for Direct Admission **

The first factor is your budget. With the cost of application for each institute being in the range of 500 to 2500, an optimal number may be 10 to 12 schools. However, it could be slightly higher, if one can afford it. It is strongly advised that you should apply to institutes across categories.

** Select Best MBA College for Direct Admission **

The second factor is what you are doing currently. For example, a final-year student can afford to be selective as she/he can take another attempt the next year, while a person who has completed graduation and is not working anywhere will be keener to get into an MBA college or a B-School. A working professional, comfortable placed with two years of work experience may be selective, while one with 4-5 years under the belt may not want to lose further time and play it safe by applying to more schools.

** Select Best MBA College for Direct Admission **

The third factor in deciding the number of institutes to which you should apply is your performance in the entrance exams. Depending on your performance, you may want to hedge your risk by applying to more institutes – particularly, to institutes across categories that we discussed above.

** Select Best MBA College for Direct Admission **

Once the number of MBA colleges is decided upon, you must decide on the individual MBA colleges or B-Schools to apply to. It is a good practice to apply to institutes in three different categories – 50% of the MBA colleges in the category where you are likely to land calls for second round, 30% of the MBA colleges in an aspiration level – typically one level above your expected range – and 20% in the level below the expected range, to safeguard your interests in case of a bad performance.

** Select Best MBA College for Direct Admission **

All students should be applying to the IIMs in any case by virtue of filling in the CAT application form. We strongly advise you to apply to ALL the IIMs. The time for picking and choosing will come later – once you have landed the final admission offers.

** Select Best MBA College for Direct Admission **

Let’s all Discuss Few Questions which are generally asked by the Candidates

** Select Best MBA College for Direct Admission **

Should I seriously consider doing my MBA abroad?

** Select Best MBA College for Direct Admission **

Doing an MBA at a foreign university appears attractive to those who can afford it. The main attraction of management education abroad seems to be the fact that admission into foreign B-Schools is relatively easier than getting into a top Indian management institute. However, those who are on the lookout for management education abroad should note that work experience is mandatory to secure admissions into most of the top notch management programmes abroad and that at the end of the course, students ‘might’ not get the kind of placement that they desire. This is particularly due to the fact that placements abroad are not centralised as they are in Indian B-Schools. The foreign B-Schools, in most cases, play no role in placement, with the onus shifting to the individual students. Also, an MBA programme at a top-end foreign university could cost you upward of 50 lakh.

While doing an MBA, is a Degree better than a Diploma?

** Select Best MBA College for Direct Admission **

The value of a management course does not depend on whether it is a ‘degree’ or a ‘diploma’; rather, it depends on the ‘reputation and standing’ of the institute that is offering the degree or the diploma. A ‘degree’ is not always better than a ‘diploma’. The converse can well be true. In fact, the most sought-after IIMs offer only a diploma! When companies recruit management graduates, they certainly don’t worry about the name of the course offered at the particular institute. They look at the intrinsic worth and the reputation of the institute, quality of the course offered, and, of course, the calibre of the students.

New IIMs vs. Non IIMs?

** Select Best MBA College for Direct Admission **

Some students are not very sure about joining the newer IIMs. They should know that the newer IIMs have been witnessing very encouraging placements, both for final and summer internships. Whether it is the average salary in final placements (around 12 lakh) or the quality of companies visiting their campuses, the IIMs should certainly be preferred over most non-IIM B-Schools or MBA colleges, more importantly for the long term brand advantage that one can enjoy. A case in point is that of IIM Kozhikode and IIM Indore. Just about a decade ago, they were the ‘new IIMs’. Now, there is almost none who would think twice about joining them. Similar was the case with IIM Lucknow in the late 1980s. Remember, it is only a matter of time before the new IIMs shed their ‘new’ tag. In fact, they are already on the path to lose their ‘new’ tag to the six more IIMs to be set up in the states of Himachal Pradesh, Punjab, Bihar, Odisha, Maharashtra, and Andhra Pradesh as announced by the Government of India in the Union Budget 2014-15.

** Select Best MBA College for Direct Admission **

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So now it is the only appropriate time to take correct decision so that you can have a great future ahead. Get in touch with our Career Guidance Experts for Select Best MBA College for Direct Admission, by booking an appointment at our offices in Bengaluru, Pune and Delhi. Contact us at Ace1Guru+91-9742479101(Ankit Mishra) / +919742886036 (Anis)/+91-9035556036 (Mayur Gautam) /+91-8042173206 (Office Landline) or email us at contact@trump.net.in and we will get in touch with you within 48 hours.

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