After taking CAT, XAT, IIFT, NMAT, SNAP and CMAT, the aspirants face the daunting task of choosing the right B-School for themselves, lest they face the Hobson’s choice of grudgingly accepting what is offered to them in the end. Therefore it is of paramount importance for you to choose a B-school that is the best fit for you, for it can make or mar your career trajectory. Here the candidate needs to know that our country houses more than three thousand B-schools all of whom cannot boast of a great quality of management education or being a bouncy springboard for launching a career in management. So it becomes imperative for the candidates to apprise themselves of the parameters for selecting the right B-School and evaluate these institutions accordingly. For the benefit of our students at KINGS EDUCATION some of these parameters are being discussed here:
1- CARRER PATH: A candidate needs to give some thought to the career path that he wants to tread or a particular professional area he wants to specialize in. This would make it easy to choose the b-schools that specialise in that domain. For example if you are interested in foreign trade then IIFT could be the place of your choice. For media and advertising MICA would be the most suitable place. A B-school should ultimately fit to one’s unique needs and demands and aspirations.
2- PLACEMENTS: Practically speaking it is the very raison d’être for entering a business school. Understandably, candidates are interested in the job prospects, job quality and the remuneration that an MBA degree entails. Salaries at the time of campus placements can be used as an indirect measure to judge the MBA programme. But there is a need for caution here! Quite a large number of B-schools resort to statistical jugglery while reporting the salary figures, and therefore, they should be scrutinised very closely by the candidates. Hidden behind the silken brochures are many half-truths and some trickery. Thus the claims about placement numbers, visiting recruiters, highest salary and average salary etc should be taken with a pinch of salt and should be cross checked with alumni, students and staff.
3- CUT-OFF PERCENTILE: It is a no brainer that high cut-offs will attract the best students and the brightest students would go to the best schools. The quality of students directly impacts the quality of learning. Studying and interacting with a top class peer group ensures a rich learning experience. In a B-school most of the projects and assignments are done as a teamwork and group task and this creates a lot of scope for peer learning.
4- REPUTATION / BRAND VALUE: Older and well managed b-schools are able to build for themselves a certain brand value which opens many corporate opportunities for its students and enables them to attract not just higher salaries but also a much better variety of job roles. A B-school with a great reputation will attract not just good students but also top recruiters and best faculty.
5- LOCATION: There is no denying the fact that B-Schools located in metro cities will avail themselves of greater industry interface than those in the smaller cities. However, the brand strength of an institute can offset the effect of location to a very large extent. B-schools with a good brand value can draw faculty and industry even to a relatively less popular location. A case in point is the new IIMs. But it is equally true that the strength of brand value ebbs for lesser ranked colleges and then location as a factor gains precedence. In such cases it is a trade off between reputation and location of the institution.
6- COST: ROI is a concept which you should know even before you embark on your MBA journey. It means that unless you get a fat salary package, an expensive programme fee doesn’t make any financial sense, especially so if you move down the B-school rankings and start considering the lower ranked schools. Funnily, you will find that the programme fee doesn’t reduce as sharply as the average salary package. But one should also understand that fee is not a direct indicator of the quality of a school. Many top ranked schools charge hefty fee upto 20 lakhs while a few government funded top ones also charge only around 3-5 lakhs. So the fee factor should be considered only in conjunction with other factors like brand value and location.
7- FACULTY: Ultimately, you are going to be trained by the faculty and therefore you should definitely take some interest in finding out the quality of the teaching staff. One should crosscheck the claims about the number of PhD faculty, visiting faculty, full time professors, part time professors etc. even if numbers don’t have any direct bearing on the quality of teaching. Here again you must try to get some feedback from current students and those who have passed out recently.
8- INFRASTRUCTURE: Availability of infrastructure will make your MBA journey smooth, productive and fulfilling. A top class b-school would definitely have all the necessary infrastructure but the same cannot be said about the lower ranked schools. Therefore one has to checkout if the school has necessary infrastructure like computer lab, hi-speed internet, library, hostel, sports facilities, auditorium etc. Otherwise your MBA experience would leave you feeling dissatisfied and short-changed.
9- ALUMNI NETWORK: The alumni network not only helps you with placements but also helps build the brand image of the school in the mind of the recruiters. You will realise it once you leave your college and join the corporate sector.
Once you have considered the above discussed parameters you can easily figure out the most suitable college that would perfectly fit with yours needs, wants and aspirations. So narrow down your list and get going!!!
NIMCET is conducted to grant admission to students to 10 NIT’s and HCU (Hyderabad Central University). If a student gets rank above 400 (unreserved category), he can expect a seat in a decent NIT, (for reserved category, any rank even lower than this will suffice). First have a look at NIMCET paper pattern. There are four sections:
|Sections||No of Questions||Marks per Question||Total Marks|
Based on the level of last two years papers, a score of 350 – 400 will fetch you a good rank. Lets us see how an average student can manage this much in 120 minutes.
- From the English and computer sections an average student can manage a score of 60 – 70. this means 6 to 7 questions from computer section and 4 to 5 questions from English section. Time taken in these sections must be around 20 minutes.
- Reasoning and basic mathematics section is usually easy in NIMCET, from this section a student must target around 30 – 35 questions in approximately 40 to 50 minutes. Target marks from this section must be around 160 to 180.
- Now we need approximately 160 more marks to secure a good rank, that means merely 15 questions from higher mathematics in the remaining time i.e. approximately 50 minutes.
The above plan is for an average student who is not particularly good at higher mathematics, for the ones who are good at it, this target can go up to 30 – 40 questions of higher mathematics, that will put the student in the TOP 100 bracket. Prepare some important topics of higher mathematics like Calculus, Coordinate Geometry, Vectors, progression, Probability, Permutation and combination etc. The more you practice, more questions you will be able to do, but the minimum target should be 15 questions.
ALL THE BEST.
About the Author:
Anil Sharma is an Electrical Engineer from IIT Roorkee and director of Kings Education. He has been training students for MCA and CAT Entrance Examinations since 2002.