Here some parameters which plays an important role in verifying the credentials of a best B-schools:
(A) Students:
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 B-School happens outside class and a fairly significant part of this comes from peer learning. A great deal of learning at any B-School is on account of group activities such as assignments and projects. Hence, better the peers, richer is the learning experience. The quality of the selection process (in terms of the percentile/cut off in the written exam, the rigorousness of the GD/Essay-writing/Interview, profile of the students, etc.) adopted by the institute gives one an idea about the quality of the students it admits.
(B) Faculty:
The quality of the inputs one gets at a B-School is driven by the quality of the faculty. All top B-Schools make significant investments to attract and retain a top-notch faculty team. Most top B-Schools have a judicious mix of full and part-time faculty members. The full-time faculty team provides the continuity and monitoring that is needed over the two-year period, apart from providing any handholding 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. Many data points about the faculty - their longevity at the school, their research contributions, association/collaboration with foreign schools, etc., along with something as basic as the number of faculty with doctorates – help students get an overview of the quality of faculty at the school.
(C) Placements:
A large number of management institutes boast of a 100% placement record. With management institutes mushrooming all over the country, these claims should not be taken at face value, and should be scrutinized closely. While these claims may not be outright lies, they could be cleverly camouflaged by 'requesting some students to opt out of placement process'.
It requires a fair amount of due diligence before one can come to drawing conclusions about the status of placements in a B-School. It has been noticed that most students, in the excitement of considering the high average salary, miss the average number of offers that each student receives. This parameter is also important as it indicates the amount of choice that a student has in terms of jobs across companies on offer.
(A) Students:
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 B-School happens outside class and a fairly significant part of this comes from peer learning. A great deal of learning at any B-School is on account of group activities such as assignments and projects. Hence, better the peers, richer is the learning experience. The quality of the selection process (in terms of the percentile/cut off in the written exam, the rigorousness of the GD/Essay-writing/Interview, profile of the students, etc.) adopted by the institute gives one an idea about the quality of the students it admits.
(B) Faculty:
The quality of the inputs one gets at a B-School is driven by the quality of the faculty. All top B-Schools make significant investments to attract and retain a top-notch faculty team. Most top B-Schools have a judicious mix of full and part-time faculty members. The full-time faculty team provides the continuity and monitoring that is needed over the two-year period, apart from providing any handholding 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. Many data points about the faculty - their longevity at the school, their research contributions, association/collaboration with foreign schools, etc., along with something as basic as the number of faculty with doctorates – help students get an overview of the quality of faculty at the school.
(C) Placements:
A large number of management institutes boast of a 100% placement record. With management institutes mushrooming all over the country, these claims should not be taken at face value, and should be scrutinized closely. While these claims may not be outright lies, they could be cleverly camouflaged by 'requesting some students to opt out of placement process'.
It requires a fair amount of due diligence before one can come to drawing conclusions about the status of placements in a B-School. It has been noticed that most students, in the excitement of considering the high average salary, miss the average number of offers that each student receives. This parameter is also important as it indicates the amount of choice that a student has in terms of jobs across companies on offer.
However, it is also important to note that placement numbers reveal only short-term trends. What may not be obvious are the long-term benefits that the school could offer. Hence, one could make a mistake if one looks only at the placement figures.
(D) Programmes offered by institutes:
(D) Programmes offered by institutes:
There are two major types of programmes:
(1) General Management Programme (GMP)
(2) Sectoral Programme.
A general management programme gives a student the flexibility to join any sector and thus offers maximum diversification and placement opportunities as opposed to a Specialization-based Programme. All the IIMs and most of the other top B-Schools offer this programme.
However, some B-Schools offer programmes catering to a specific sector or specializing in a specific area. Institutes like IIFT (International Business), IRMA (Rural/Agri-business Management), MICA (Strategic Marketing and Communication), TISS (Human Resource Management), and XLRI (Human Resource Management) are the best in their respective sectors and students who are interested in these areas should consider these schools as the first choice.
A general management programme gives a student the flexibility to join any sector and thus offers maximum diversification and placement opportunities as opposed to a Specialization-based Programme. All the IIMs and most of the other top B-Schools offer this programme.
However, some B-Schools offer programmes catering to a specific sector or specializing in a specific area. Institutes like IIFT (International Business), IRMA (Rural/Agri-business Management), MICA (Strategic Marketing and Communication), TISS (Human Resource Management), and XLRI (Human Resource Management) are the best in their respective sectors and students who are interested in these areas should consider these schools as the first choice.
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Top mba colleges in india, Top mba course in india, Top 12 mba colleges in india, Top mba colleges in Gurgaon, Top Business Schools in India
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www.admission360asia.com
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