Factors Determining to Select College Direct MBA Admission
This article is for candidates who want guidance regarding MBA Admission, procedure, fees, and other important factors before choosing or taking admission into a particular college/institution. Hence, here we present an analysis which would assist the candidates in selecting a good college. This article basically focuses on Factors Determining to Select College Direct MBA Admission. However, if you require any detailed information then feel free to contact us at Ace1Guru+91-9742479101(Ankit Mishra) / +919742886036 (Anis)/+91-9035556036 (Mayur Gautam) /
First let’s discuss MBA as a Course
** Select College Direct MBA Admission **
MBA is one of the most aspired for Post Graduate qualifications in India. While 3000+ MBA colleges exist in the country to satisfy the demand for MBA, only a handful of these B-Schools impart quality education and churn out leaders. It is not a simple task to be able to shortlist these top B-Schools or top MBA colleges, given that the definition of ‘top’ varies between people and across years.
** Select College Direct MBA Admission **
The matter is further complicated by the fact that a lot of MBA colleges make exaggerated claims just to stay relevant. It therefore becomes crucial for aspirants to see through the clutter and identify these ‘top’ B-Schools. It is necessary that they understand the key parameters of evaluating B-Schools or MBA Colleges. Once these are understood, they can compare MBA colleges on these parameters and arrive at a list of good schools that they can consider. This is a complex process as it needs a lot of research and then the ability to use the information in a meaningful manner.
** Select College Direct MBA Admission **
With the objective of helping our students to make the right decision without going through this complex process, we release a list of India’s top MBA colleges annually. This list segregates MBA Colleges / B-Schools into various categories, thereby aiding the students in choosing the set of MBA Colleges / B-Schools to apply to. This list is made using a methodology that has a proven track record of over a decade, after months of extensive research by experts who have over two decades of experience in guiding students on Indian MBA admissions.
** Select College Direct MBA Admission **
Parameters for Verifying the Suitability of a B-School
** Select College Direct MBA Admission **
Placement
** Select College Direct MBA Admission **
Placement quality is undoubtedly one of the key parameters used – and rightly so – by most students to judge the quality of the MBA colleges or B-School they are considering joining. Almost all students clearly have a very firm eye on the salary they would get after their MBA. They are also justifiably interested in the quality of the job they would land and the prospects that it would bring.
** Select College Direct MBA Admission **
However, placement data cannot be taken at face value. It needs a fair amount of checking out before one can come to any correct conclusions about the status of placements in a B-School. A large number of management institutes quote astonishing salary figures, with a few of them seeming too good to be true – and truly speaking, they may end up being just that! While these claims may not be outright lies, they could be cleverly camouflaged by clubbing joining bonuses, variable pay and other add-ons.
** Select College Direct MBA Admission **
It would be worthwhile to scrutinize these numbers carefully and consider the median salaries (wherever provided) rather than the average salaries as they would give one a better picture of how most members of the batch were placed. Also, having a look at the kind of companies visiting a campus would give one an idea of how industry views that MBA College or B-School.
Quality of Faculty
** Select College Direct MBA Admission **
This parameter helps you judge the quality of the input you can expect at a B-School or MBA College. All top B-Schools or top MBA colleges make significant investments to attract and retain a top notch faculty team. Most top B-Schools or top MBA colleges have a judicious mix of full-time and part-time faculty members.
** Select College Direct MBA Admission **
The full-time faculty team provides the continuity and monitoring that is needed over the two-year period, apart from providing any hand-holding required by students. The part-time faculty team gives students the much needed external exposure, especially in terms of contacts with industry and access to real time projects.
Quality of Students
** Select College Direct MBA Admission **
The quality of students on campus makes a huge difference on account of the interaction that students have with their peers. A significant proportion of the learning at any good MBA College or B-School happens outside class and fairly large part of this comes from peer learning. A great deal of learning at any MBA college or B-School is on account of group activities such as assignments and projects.
** Select College Direct MBA Admission **
Hence, better the peers, richer is the learning experience. The quality of the selection process (in terms of the percentile/score cut off in the written exam, the rigorousness of the GD/Essay-writing/Interview) adopted by the institute gives one an idea about the quality of the students it admits.
Quality of Infrastructure
** Select College Direct MBA Admission **
Infrastructure is the element that transforms a set of buildings into a holistic place fit for impartment of quality education. State-of-the-art computer labs, high-speed internet connectivity, a well-stocked library with subscriptions to management journals, and classrooms furnished with audio-visual aids form a few of these must-haves.
** Select College Direct MBA Admission **
Any institute that does not have these facilities can hardly be called top-class. Also, a fully-residential programme fosters all-round development as the period of interaction with peers and faculty is not restricted, and hence scores over a day-scholar programme.
Image of the Institute
** Select College Direct MBA Admission **
The ‘brand image’ of a B-School or an MBA college in the student community and its acceptance in the industry circles is one of the key considerations while choosing MBA College or B-Schools. While it can be said that it is natural for older institutes to have a better reputation than those that have started recently, it cannot always be generalized. Also, the situation is slightly different when a new campus is set up by an older, well-established institute. In such cases, the ‘parent/guardian’ institute certainly helps the new institute through its formative years. This help may include, but may not be limited to, faculty support, admissions support, and, most importantly, placement support.
** Select College Direct MBA Admission **
The long-term advantages of association with a good brand often overhaul the short-term parameters, such as ‘salary’. Students should understand that the brand value of MBA Colleges or B-Schools, like the IIMs, has the power to open avenues and get a candidate an interview, both in the short and long terms. In fact, even long after a student has graduated from an institute, she/he will benefit from the power of its brand image.
** Select College Direct MBA Admission **
What needs to be kept in mind is that just as schools want good students, students want good schools too. The brand value of the old school will work for the new location and will help in pulling in good students, thus helping the school to do well in a very short span of time. Not only students the image of the school helps in attracting faculty as well. The six new IIMs (Kashipur, Raipur, Ranchi, Rohtak, Trichy, and Udaipur) stand testimony to this – their CAT cut off is very close (in some cases higher) to that of the older IIMs (like IIMA), clearly showing that only the best of the students are selected. The professors at these MBA colleges are some of the best names in management education.
Location of the MBA Colleges
** Select College Direct MBA Admission **
Location of a MBA college or B-School is another important parameter as placements tend to be better at institutes located in places where there is a concentration of business and industry. This is because companies find it much easier to recruit management graduates from institutes located geographically closer to their own headquarters rather than visit an institute located far away.
** Select College Direct MBA Admission **
Location also plays a role in a MBA college or B-School’s ability to attract and retain top quality faculty. The location impact is less pronounced for the top schools while it becomes more important as we move down the ratings list. We can look at the six new IIMs again to understand that in spite of the non-metro nature of their locations, these IIMs are able to attract the best of students and faculty.
Fees
** Select College Direct MBA Admission **
With the number of MBA colleges or B-Schools growing rapidly, the ability to place students has come under scrutiny for schools outside the top 50. With the fee being charged by many of them also rising sharply, it is necessary to ensure that the return on the fee being invested also works out to be reasonable. It could, however, be said that fee is a non-issue for the top 50 B-schools or top 50 MBA colleges.
** Select College Direct MBA Admission **
Loans are fairly easily available for studying at these schools and the ability of the students to repay their loans is also high due to the good placements offered by these schools. Banks offer collateral-free loan for all the top schools. Some banks have classified schools into categories where the students from the top category schools get collateral-free loans at a lower interest rate. As one moves down into other categories, banks may demand collateral or have a slightly higher interest rate or both.
** Select College Direct MBA Admission **
Also Read:
- High Placement MBA College Direct Management Quota Admission
- Benefits of Pursuing MBA & Direct Management Quota Admission
- Direct Admission in Top MBA Colleges in Delhi
- Direct Admission in Top MBA Colleges in Mumbai
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 College Direct MBA 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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