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Friday, December 17, 2010

How to Choose MBA Institute?

Friday, December 17, 2010
MBA is now one of the favorite career choices for students. Demand for good MBA institutes therefore has increased exponentially over the years. To cater to the growing demand from students and industries alike, many business schools have flourished in India during this period. There are now both government aided and private B schools in India. But with so many choices available the situation can be really confusing for the students seeking admission in MBA schools. In this write-up we have tried to compile the tips given by eminent academicians of the country on how to choose MBA schools in India.

Choosing the right MBA institute in India would demand great amount of research. The decision regarding B schools in India would depend upon various factors like- courses offered, infrastructure, location, faculty, alumni, placement record, foreign accreditation, so on and so forth. While choosing the right MBA institute, one needs to look into all the aspects before making the final choice.

Location: The location of the B school would play an important role in the decision making process of the student. If MBA Delhi suits a student better, then he wouldn't settle for MBA Mumbai or MBA Hyderabad. Similarly, one also needs to take into account the interaction and communication facilities of the institute.

Though all the B schools are strategically situated, some may offer better interaction with corporate and industries than others. Students tend to prefer such institutions which offer better exposure with industries.

Specialization: The student is required to do research on the specializations offered by different MBA schools. This is relatively an easier task since most of the business schools have established track records in the courses offered.

Along with the conventional MBA courses, such as-MBA finance, MBA marketing or MBA HR; there are now courses like- rural management, international business, retailer and distributor chain management are also available at various business schools. Hence, the student has to be careful in choosing the right stream of MBA that would help him with his career objective.

Infrastructure: Another important factor that one needs to take into consideration is the infrastructure of the institute. One may check out the classroom facilities, availability of books in the library, internet connectivity of the institute as parts of its infrastructure.

Faculty: The faculty members of the institute would determine the standard of the B school and therefore the status of the students passing out of these institutes. The bench of faculty comprising of top academicians of the country would likely to attract top talents.

Alumni network: Alumni network and industrial linkage of the business school. MBA colleges attracting alumni from diverse field and industrial connections are likely to attract more students than others. The Alumni network is a clear determinant of the institute's reputation.

Foreign accreditation: Similarly, international association of the institute remains another determinant of choosing B schools in India. Foreign accreditation play an important role for MBA colleges in India to feature into the list of best B schools India.

Placement record: Although the companies would offer placements in different business schools but the number of placements offered would determine the position of the B school amongst students.

The student must look into all the above factors before deciding upon the right business institute. Business schools rankings are of great help to students to help them decide on the right business school. These rankings would take into account all the aspects and prepare a 360° report on the B schools in India.

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