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How to Select the Right B-school?

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How to Select the Right B-school?

Edited By Prerna Goel | Updated on Sep 27, 2023 08:29 PM IST | #CAT

How to Select the Right B-School: Selecting the right MBA program is one of the major decisions of a B-school aspirant’s life. With new management institutes coming up every other week, who doesn't need guidance? But how do you select the right B-school? If you are aspiring to take MBA admission on the basis of good CAT percentile, choosing a B-school is not quite tough.

This is because there are plenty of promising institutions. But how to choose a B-school on the basis of less or 60+ percentile in CAT or other national level management entrance exams. The answer lies on you and your future plans. It depends on multiple factors like college location, reputation, quality of students and faculty, job profiles and salary offered in placement, alumni network, course fees etc. Let us check the parameters to look into while choosing the right B-school.
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What is B-School?

Before proceeding on how to select the right MBA college, lets get familiar with the B school meaning. B-School is a colloquial term that refers to business schools. Programs offered at B-School focus on business and management education only. B-Schools in India provide undergraduate, graduate, and sometimes doctoral programs in fields such as business administration, management, finance, marketing, entrepreneurship, and related disciplines.

What Makes a Good Business School?

A good Business school is characterized by several key factors such as Accreditation, Faculty Quality, Curriculum, Career Services, Reputation and Rankings, Facilities and Resources, Global Opportunities, Alumni Network, Experiential Learning, Entrepreneurship Support, Diversity and Inclusion, Financial Aid and Scholarships, Student Life, and Career Outcomes. Also what makes a good business school also depends on your personal goals, preferences, and the specific resources that a candidate is seeking.

Why should you compare B-schools in India?

From picking a new dress to buying a new car, ultimately what aspirants invest depends on what factors are most important to them. So why should you compare MBA colleges in India? Check the factors below on why it is important to compare B-schools before taking admission into MBA or PGDM courses.

  • To achieve your post MBA goals

  • Whether a particular MBA college is a best fit based on your academic profile, work experience and own career interests

  • To make sure whether it is the right B-school where you are investing the huge amount of money

  • To be aware of fraudulent tactics and unscrupulous methods some of the institutes accept to fill their seats

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MBA (2 Years) & MBA in Business Analytics (1 Year) @ JGBS | NAAC Accredited | AACSB Member |92% Placement Track | Highest CTC 11 LPA

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60+ Years of Education Legacy | UGC & AICTE Approved | Prestigious Scholarship Worth 6 Crores

How to choose the right B-school in India?

Most MBA aspirants would say that the selection of B-school depends on the salaries they get after placements. No wonder B-schools do report successful placement reports every year. However are you sure that the starting salaries reflect the key outcomes? So planning an MBA or how to choose the right MBA college is a very crucial step. Let us check below the parameters on the basis of which you can decide how to select a business school.

1. MBA Vs PGDM: Choose Your Program

One of the most common questions among young MBA aspirants is whether to choose MBA or PGDM? Though choosing either MBA degree or PGDM diploma doesnt make any difference except for some of the factors, such as PGDM offers a dynamic course syllabus which gets updated as per needs of the industry. The syllabus is approved by AICTE. So you need to select what degree you want to pursue and accordingly select the right B-school.
Read here more about MBA vs PGDM.

2. Location of the B-school

When it comes to IIMs or other top B-schools, the location hardly matters. The impact of the location on an institute is less for top 20 MBA institutes. However, it becomes more pronounced when you move down the ratings list.

How does the location of B-school matter?

Some of the experts believe that the location of the B-school in any major city has its own perks. This is because the number of companies visiting the campus are much higher with a large number of opportunities. Also the good location helps students in practicing internships and thus being mentored easily. Companies often find it much easier to recruit management graduates from institutes located geographically closer to their own headquarters. This is why B-schools located in New Delhi, Mumbai and Bangalore score better than institutes based in other cities.

Also check-

Expert Tips on choosing a B-school in Delhi NCR

3. Return on Investment

This is the most important parameter while selecting any B-school. It must be considered how much money you can expect to make post an MBA from a given institute and how much money will be spent in acquiring the degree. ROI tries to directly measure the amount of return on a particular investment, relative to the investment’s cost. To calculate ROI, the benefit (or return) of an investment is divided by the cost of the investment. The result is expressed as a percentage or a ratio which is :

ROI = (Current Value of Investment - Cost of Investment) / Cost of Investment.

You can also compare an MBA programme’s ROI to others using the average salary-to-debt ratio. For example, if the average starting salary at a B-School is around Rs 17,50,000 and the average debt (bank loan) taken by the aspirant is Rs 12,00,000 then the salary-to-debt ratio of 1.45-to-1.

Read More-

Top MBA schools in India offering affordable MBA

Top Private MBA colleges in India

4. Programmes offered by an Institute

First and foremost you must be well aware of why you are doing an MBA ( and the answer must not be because of a good package). This is important because if you wish to pursue a specialization in MBA, then you need to choose an institute accordingly. The programmes offered can be classified into two categories:

  • General Management Programme (GMP)

  • Specialisation-based Programme (SP)

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A General Management Programme gives a student the flexibility to join any sector and thus affords maximum diversification and placement opportunities as opposed to a specialisation-based programme. All the IIMs and most of the Ivy League schools offer this programme to students.

Some B-Schools offer programmes catering to a specific sector or specialising in a specific area. Institutes like XLRI (PGDHRM), MICA, IRMA, and TISS, are the best in their respective sectors and students should have no reservation while applying to them.

5. Alumni Network

A wide Alumni base is self-explanatory. However, the statistics of the number of alumni offered jobs in reputed companies is worth a consideration. Alumni are the mirror of any institute. Their profile defines the reputation of an institute and hence makes it stand tall. Aspirants must contact the alumni as they can give you invaluable information and suggestions that none can give.

6. International Exposure

An institute that has a global curriculum in terms of business, marketing, management, sales and operations, etc. is worth going for. You develop leadership from an international perspective that makes you understand business in a different way. You get the confidence to work in any organization in any part of the world. You can also soak yourself in a new culture and take in more rich and varied experiences. Hence you broaden your horizons by studying in an institute that provides you good international exposure.

7. Placement statistics

Almost every MBA college boasts of 100% placement which is a myth. Even IIMs may not provide 100% placements. The placements depend entirely on you and your worth. It is better to look at the detailed placement reports including both summer internships and final placements that every college releases in a year. A successful placement track can be inferred from the number of companies that visit the campus year after year, average salary offered and the number of students selected from the campus each year. However it should not be the sole criteria to select the right MBA college.

8. MBA Scholarships

While most business schools offer some form of financial assistance, it would be prudent to check and confirm with data available on the website, or by asking the admissions team. Prioritize this aspect based on the value you assign this criterion in selecting Business Schools.

9. Rankings and accreditation

A consistent rank and UGC, AICTE, NAAC or NBA accreditation speaks volumes about the credibility of the school. Make sure to refer to top international publications sto check the rankings of an institute. This is so because some Indian rankings suffer from the perception of being sponsored.

The top five MBA Rankings or B-school Rankings in India are:

  • NIRF Ranking Framework by HRD Ministry, Government of India

  • MBAUniverse.com Ranking

  • Business Today B-School Ranking

  • The Week Ranking of B-Schools

  • Outlook B-School Rankings.

ISBR Business School PGDM Admissions 2024

Last date to Apply: 23 April, 2024 | Ranked as Platinum Institute by AICTE for 5 years in a row | Awarded Best Business School of the Year

BIMTECH PGDM 2024

AACSB Accredited | Highest CTC 23.43 LPA

Top 3 International Accreditations:

  • Association to Advance Collegiate Schools of Business (AACSB), USA

  • EFMD Quality Improvement System (EQUIS)

  • Association of MBAs (AMBA), UK

Top 2 National Accreditations:

  • National Board of Accreditation (NBA)

  • National Assessment & Accreditation Council (NAAC)

These rankings and accreditations can help you make an informed choice about how to choose the right B-school.

10. Quality of Faculty
The faculty have a massive role to play in your learning experience, and it is important that you read through their profiles and understand how they will shape your understanding of global business. While researching you could check for the following qualities below:

  • Professional Experience

  • Academic Qualification

  • Research Area and publications

  • Industry engagement

Every good college publishes the details of the faculty members on its official website. However if you don’t find any, think twice before opting that particular college. The core faculty helps in providing adequate mentorship to the students. If there are fewer good faculty members and the ratio does not remain good enough, it may adversely affect the learning experience at the B-school.

Will the right Management Institute choose you?

Admission into top B-schools in India is a two-way process and not one. You will choose the best management institute but will that institute want to choose you? All the top MBA colleges want the best brains because that is what enhances their college’s reputation in the future. Sometimes these top institutes do not have enough seats to cater MBA admissions. Another factor that comes into play is higher the reputation of the institute, higher the applicants, then higher is the level of selection procedure in top B-schools. Hence choose your MBA college wisely considering all the above parameters mentioned.

All the best!

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Questions related to CAT

Have a question related to CAT ?

The Common Admission Test, is a computer based standardized test conducted in India. It is one of the most prestigious and competitive entrance exams for admission into postgraduate management programs, Including MBA, in various Indian Institutes of Management and other top business schools across the country.

To know more about CAT 2024 like exam date, eligibility, syllabus and more, click on the below link.

https://bschool.careers360.com/articles/cat-2024


Both GMAT and CAT exams are considered to be highly competitive. Therefore, it is difficult to measure which one is harder than the other as it depends on the individual strengths ,weaknesses, and personal preferences.

GMAT quant section is often considered to be easier, however, its verbal section is tougher for non-native English speakers. Whereas, CAT quant section is considered to be trickier in comparison to the verbal section. Therefore, students are advised to analyse both CAT and GMAT exam pattern carefully before opting for one.

Hello

Generally admissions are given based on your rank. So based on your overall percentile in JEE your rank could be between 56470 - 63480 approximately.

Unfortunately, Based on the marks you scored, it will be difficult to get admitted into NIT Trichy under OBC category. However there is also a second chance for you to attend for JEE, so I recommend you to take that chance and score better.

You can check the colleges you are eligible for using the below link.

https://engineering.careers360.com/jee-main-college-predictor?utm_source=qna&utm_medium=jee_cp


Hello Aspirant

Congratulations on your score, There are many good B schools at 80-85%ile in CAT and XAT
1)Great Lakes, Chennai
2)IRMA
3) Goa Institute of Management
4) NIBM
5) TAPMI
Do your research about these colleges as to what is their average package, the roles offered.

Colleges like NIBM specialize in Finance, and IRMA has a lot of sales marketing Roles. So ultimately the choice is yours which specialization you want to pursue.

View All

1-radian measures 600. (True/False)

Option: 1

True


Option: 2

False


$111111^2$ = 

Option: 1

123456654321


Option: 2

123454321


Option: 3

123454321


Option: 4

12345654321


1111112 =___________ 

Option: 1

 123456654321


Option: 2

1234554321


Option: 3

123454321


Option: 4

12345654321


159702 is divisible by

Option: 1

7


Option: 2

9


Option: 3

11


Option: 4

6


1600 satellites were sent up by a country for several purposes. The purposes are classified as broadcasting (B), communication (C), surveillance (S), and others (O). A satellite can serve multiple purposes; however a satellite serving either B, or C, or S does not serve O. 

The following facts are known about the satellites: 

1. The numbers of satellites serving B, C, and S (though may be not exclusively) are in the ratio 2: 1:1. 

2. The number of satellites serving all three of B, C, and S is 100. 

3. The number of satellites exclusively serving C is the same as the number of satellites exclusively serving S. This number is 30% of the number of satellites exclusively serving B. 

4. The number of satellites serving O is the same as the number of satellites serving both C and S but not B. 

Question:

What best can be said about the number of satellites serving C? 

Option: 1

Must be between 450 and 725 

 


Option: 2

Cannot be more than 800 
 


Option: 3

Must be between 400 and 800 

 


Option: 4

Must be at least 100 


1600 satellites were sent up by a country for several purposes. The purposes are classified as broadcasting (B), communication (C), surveillance (S), and others (O). A satellite can serve multiple purposes; however a satellite serving either B, or C, or S does not serve O. 

The following facts are known about the satellites: 

1. The numbers of satellites serving B, C, and S (though may be not exclusively) are in the ratio 2: 1:1. 

2. The number of satellites serving all three of B, C, and S is 100. 

3. The number of satellites exclusively serving C is the same as the number of satellites exclusively serving S. This number is 30% of the number of satellites exclusively serving B. 

4. The number of satellites serving O is the same as the number of satellites serving both C and S but not B. 

Question:

What is the minimum possible number of satellites serving B exclusively? 

Option: 1

100


Option: 2

200


Option: 3

500


Option: 4

250


1600 satellites were sent up by a country for several purposes. The purposes are classified as broadcasting (B), communication (C), surveillance (S), and others (O). A satellite can serve multiple purposes; however a satellite serving either B, or C, or S does not serve O. 

The following facts are known about the satellites: 

1. The numbers of satellites serving B, C, and S (though may be not exclusively) are in the ratio 2: 1:1. 

2. The number of satellites serving all three of B, C, and S is 100. 

3. The number of satellites exclusively serving C is the same as the number of satellites exclusively serving S. This number is 30% of the number of satellites exclusively serving B. 

4. The number of satellites serving O is the same as the number of satellites serving both C and S but not B. 

Question:

If at least 100 of the 1600 satellites were serving O, what can be said about the number of satellites serving S? 

Option: 1

At most 475 

 


Option: 2

Exactly 475 
 


Option: 3

At least 475 

 


Option: 4

No conclusion is possible based on the given information 


1600 satellites were sent up by a country for several purposes. The purposes are classified as broadcasting (B), communication (C), surveillance (S), and others (O). A satellite can serve multiple purposes; however a satellite serving either B, or C, or S does not serve O. 

The following facts are known about the satellites: 

1. The numbers of satellites serving B, C, and S (though may be not exclusively) are in the ratio 2: 1:1. 

2. The number of satellites serving all three of B, C, and S is 100. 

3. The number of satellites exclusively serving C is the same as the number of satellites exclusively serving S. This number is 30% of the number of satellites exclusively serving B. 

4. The number of satellites serving O is the same as the number of satellites serving both C and S but not B. 

Question:

 If the number of satellites serving at least two among B, C, and S is 1200, which of the following MUST be FALSE? 

Option: 1

The number of satellites serving C cannot be uniquely determined 

 


Option: 2

The number of satellites serving B is more than 1000 
 


Option: 3

All 1600 satellites serve B or C or S 

 


Option: 4

The number of satellites serving B exclusively is exactly 250 


2839155 is divisible by

Option: 1

2


Option: 2

7


Option: 3

55


Option: 4

None of the above


'a' for which x^{2}-ax+9= 0 can be written as square of a linear factor is

Option: 1

6


Option: 2

-6,6


Option: 3

\left ( 6,\infty \right )


Option: 4

\left ( -\infty,-6 \right )


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Choreographer

The word “choreography" actually comes from Greek words that mean “dance writing." Individuals who opt for a career as a choreographer create and direct original dances, in addition to developing interpretations of existing dances. A Choreographer dances and utilises his or her creativity in other aspects of dance performance. For example, he or she may work with the music director to select music or collaborate with other famous choreographers to enhance such performance elements as lighting, costume and set design.

2 Jobs Available
Social Media Manager

A career as social media manager involves implementing the company’s or brand’s marketing plan across all social media channels. Social media managers help in building or improving a brand’s or a company’s website traffic, build brand awareness, create and implement marketing and brand strategy. Social media managers are key to important social communication as well.

2 Jobs Available
Photographer

Photography is considered both a science and an art, an artistic means of expression in which the camera replaces the pen. In a career as a photographer, an individual is hired to capture the moments of public and private events, such as press conferences or weddings, or may also work inside a studio, where people go to get their picture clicked. Photography is divided into many streams each generating numerous career opportunities in photography. With the boom in advertising, media, and the fashion industry, photography has emerged as a lucrative and thrilling career option for many Indian youths.

2 Jobs Available
Producer

An individual who is pursuing a career as a producer is responsible for managing the business aspects of production. They are involved in each aspect of production from its inception to deception. Famous movie producers review the script, recommend changes and visualise the story. 

They are responsible for overseeing the finance involved in the project and distributing the film for broadcasting on various platforms. A career as a producer is quite fulfilling as well as exhaustive in terms of playing different roles in order for a production to be successful. Famous movie producers are responsible for hiring creative and technical personnel on contract basis.

2 Jobs Available
Copy Writer

In a career as a copywriter, one has to consult with the client and understand the brief well. A career as a copywriter has a lot to offer to deserving candidates. Several new mediums of advertising are opening therefore making it a lucrative career choice. Students can pursue various copywriter courses such as Journalism, Advertising, Marketing Management. Here, we have discussed how to become a freelance copywriter, copywriter career path, how to become a copywriter in India, and copywriting career outlook. 

5 Jobs Available
Vlogger

In a career as a vlogger, one generally works for himself or herself. However, once an individual has gained viewership there are several brands and companies that approach them for paid collaboration. It is one of those fields where an individual can earn well while following his or her passion. 

Ever since internet costs got reduced the viewership for these types of content has increased on a large scale. Therefore, a career as a vlogger has a lot to offer. If you want to know more about the Vlogger eligibility, roles and responsibilities then continue reading the article. 

3 Jobs Available
Publisher

For publishing books, newspapers, magazines and digital material, editorial and commercial strategies are set by publishers. Individuals in publishing career paths make choices about the markets their businesses will reach and the type of content that their audience will be served. Individuals in book publisher careers collaborate with editorial staff, designers, authors, and freelance contributors who develop and manage the creation of content.

3 Jobs Available
Journalist

Careers in journalism are filled with excitement as well as responsibilities. One cannot afford to miss out on the details. As it is the small details that provide insights into a story. Depending on those insights a journalist goes about writing a news article. A journalism career can be stressful at times but if you are someone who is passionate about it then it is the right choice for you. If you want to know more about the media field and journalist career then continue reading this article.

3 Jobs Available
Editor

Individuals in the editor career path is an unsung hero of the news industry who polishes the language of the news stories provided by stringers, reporters, copywriters and content writers and also news agencies. Individuals who opt for a career as an editor make it more persuasive, concise and clear for readers. In this article, we will discuss the details of the editor's career path such as how to become an editor in India, editor salary in India and editor skills and qualities.

3 Jobs Available
Reporter

Individuals who opt for a career as a reporter may often be at work on national holidays and festivities. He or she pitches various story ideas and covers news stories in risky situations. Students can pursue a BMC (Bachelor of Mass Communication), B.M.M. (Bachelor of Mass Media), or MAJMC (MA in Journalism and Mass Communication) to become a reporter. While we sit at home reporters travel to locations to collect information that carries a news value.  

2 Jobs Available
Corporate Executive

Are you searching for a Corporate Executive job description? A Corporate Executive role comes with administrative duties. He or she provides support to the leadership of the organisation. A Corporate Executive fulfils the business purpose and ensures its financial stability. In this article, we are going to discuss how to become corporate executive.

2 Jobs Available
Multimedia Specialist

A multimedia specialist is a media professional who creates, audio, videos, graphic image files, computer animations for multimedia applications. He or she is responsible for planning, producing, and maintaining websites and applications. 

2 Jobs Available
Welding Engineer

Welding Engineer Job Description: A Welding Engineer work involves managing welding projects and supervising welding teams. He or she is responsible for reviewing welding procedures, processes and documentation. A career as Welding Engineer involves conducting failure analyses and causes on welding issues. 

5 Jobs Available
QA Manager
4 Jobs Available
Quality Controller

A quality controller plays a crucial role in an organisation. He or she is responsible for performing quality checks on manufactured products. He or she identifies the defects in a product and rejects the product. 

A quality controller records detailed information about products with defects and sends it to the supervisor or plant manager to take necessary actions to improve the production process.

3 Jobs Available
Production Manager
3 Jobs Available
Product Manager

A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

3 Jobs Available
QA Lead

A QA Lead is in charge of the QA Team. The role of QA Lead comes with the responsibility of assessing services and products in order to determine that he or she meets the quality standards. He or she develops, implements and manages test plans. 

2 Jobs Available
Structural Engineer

A Structural Engineer designs buildings, bridges, and other related structures. He or she analyzes the structures and makes sure the structures are strong enough to be used by the people. A career as a Structural Engineer requires working in the construction process. It comes under the civil engineering discipline. A Structure Engineer creates structural models with the help of computer-aided design software. 

2 Jobs Available
Process Development Engineer

The Process Development Engineers design, implement, manufacture, mine, and other production systems using technical knowledge and expertise in the industry. They use computer modeling software to test technologies and machinery. An individual who is opting career as Process Development Engineer is responsible for developing cost-effective and efficient processes. They also monitor the production process and ensure it functions smoothly and efficiently.

2 Jobs Available
QA Manager
4 Jobs Available
AWS Solution Architect

An AWS Solution Architect is someone who specializes in developing and implementing cloud computing systems. He or she has a good understanding of the various aspects of cloud computing and can confidently deploy and manage their systems. He or she troubleshoots the issues and evaluates the risk from the third party. 

4 Jobs Available
Azure Administrator

An Azure Administrator is a professional responsible for implementing, monitoring, and maintaining Azure Solutions. He or she manages cloud infrastructure service instances and various cloud servers as well as sets up public and private cloud systems. 

4 Jobs Available
Computer Programmer

Careers in computer programming primarily refer to the systematic act of writing code and moreover include wider computer science areas. The word 'programmer' or 'coder' has entered into practice with the growing number of newly self-taught tech enthusiasts. Computer programming careers involve the use of designs created by software developers and engineers and transforming them into commands that can be implemented by computers. These commands result in regular usage of social media sites, word-processing applications and browsers.

3 Jobs Available
Product Manager

A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

3 Jobs Available
Information Security Manager

Individuals in the information security manager career path involves in overseeing and controlling all aspects of computer security. The IT security manager job description includes planning and carrying out security measures to protect the business data and information from corruption, theft, unauthorised access, and deliberate attack 

3 Jobs Available
ITSM Manager
3 Jobs Available
Automation Test Engineer

An Automation Test Engineer job involves executing automated test scripts. He or she identifies the project’s problems and troubleshoots them. The role involves documenting the defect using management tools. He or she works with the application team in order to resolve any issues arising during the testing process. 

2 Jobs Available
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