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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 based on good CAT percentile, choosing a B-school is not quite tough. Scoring the 95-99 percentile in the CAT exam will help MBA aspirants to get MBA admission at top management colleges like IIMs, IITs, NITs and 1500+ BSchools in India.
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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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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.
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.
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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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 MBA 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-
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.
Also Read: IIM Alumni
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 MBA 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 by providing MBA scholarships, 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 to 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.
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.
Check out: NIRF Ranking 2024 for MBA Colleges (OUT): Check NIRF MBA Ranking/Management Colleges
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.
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.
The best way to choose the right BSchool is by analysing the course fees and packages offered during the campus placements. MBA aspirants can choose the BSchool, If the salary package offered is higher than the fee paid by the candidates
The MBA aspirants can select their BSchool by analysing the campus placements offered in the previous years and can also connect with the alumni of the institutes before making the final decision.
Candidates can choose their MBA specialisation based on their interests, educational background, course fees, and analysis of the demand in the job market for a particular MBA specialisation.
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Hello,
achieving a 99.99 pecentile in the CAT exam significantly enhances your prospects for admission to JBIMS, which evaluates candidates using an application rating(AR) score, which includes
-entrance exam score (CAT/MH-CET/CMAT) : 60% weightage
-Past Academic Record (PAR) : 15% weightage (https://cracku.in/colleges/jbims/admission-process/?utm_source=chatgpt.com)
-Extra-curricular Activities/Work Experience : 20% weightage (https://jbims.edu/uploads/announcement/Revised_M_Sc__Finance_Admission_Procedure_Batch_2024-26.pdf?utm_source=chatgpt.com)
-Diversity (Academic/Gender): 5% weightage
while ahigh CAT percentile is crucial, a lower academic record may impact your overall AR score. Nonetheless, exceptional performance in other areas, such as entrance exams and extracurricular activities, can help offset weaker academic credentials. it's advisable to review JBIMS's detailed admission criteria and consider strengthening other aspects of your application to enhance your chances
Greetings! Here's a detailed response to your query
Okay, so you're a bit confused about what to put in those CAT, FMS, DSE, and IIFT forms regarding your 12th scores. Since you did CBSE, they usually only consider your final 12th standard marks.
Even though you did great in 11th, scoring 495 out of 500, for these entrance exam forms, they're specifically asking about your 12th board exam marks .You mentioned you got 400 out of 500 in 12th, which comes out to 80%.
Therefore, when filling out the forms for CAT, FMS, DSE, and IIFT, you should enter 80% as your 12th percentage. The aggregate of 11th and 12th isn't typically what they're looking for in these sections. They want to know how you performed in your final board exams. So, stick with the 80% from your 12th results. Good luck with your applications!
Greetings! Here's a detailed response to your query:-
Determination of the best time to start the journey of CAT examination is based on individual factors like your current skill level, knowledge ,potential, learning pace and availability. To give yourself the best chance of success on the CAT exam , which usually takes place in November, it's advisable to begin studying between January and March of that same year. This 8 to 12-month preparation window is widely recommended by experts. But if you're managing your college along with the CAT preparations make sure you start from 2nd year onwards. It will hep you manage stress and you'll have ample amount of time to get along with the syllabus , pattern and various practice and mocks .
You'll be able to build a strong foundation in each sections and be able to know your strengths and weaknesses in different topics. The CAT syllabus is extensive, and early preparation allows for thorough coverage. Assess your learning speed and adjust your preparation timeline accordingly.
Essentially, while the ideal start time is subjective, beginning your CAT preparation well in advance is generally considered the most effective strategy for achieving optimal results.
The CUSAT CAT previous year question papers are available on the Careers360 website. You can find question papers from 2012 to 2023, which can be downloaded in PDF format HERE
Additionally, the official website of Cochin University of Science and Technology (CUSAT) also provides previous year question papers. To access them, you can follow these steps:
- Visit the CUSAT official website - admissions.cusat.ac.in.
- Click on the resources tab from the homepage.
- Select the previous year's question papers from the drop-down menu.
- Select the Common Admission Test (CAT) question papers link.
- Now click on the B.Tech course.
By practicing with these previous year question papers, you can get familiar with the exam pattern, identify important topics, and improve your time management skills.
Hey Shathvika, that's a great question! So, you're wondering about MBA entrance exams besides the CAT , right? Absolutely, there are quite a few others you can consider in India. Here's a rundown: Xavier Aptitude Test (XAT) : XLRI Jamshedpur runs this one, and over 150 B-schools across India accept it. You'll usually find it in January. What's cool about the XAT is that it often includes sections on Decision Making and sometimes even an Essay Writing part. Management Aptitude Test (MAT) : This is conducted by the All India Management Association (AIMA). A lot of schools – over 600 in India – take MAT scores. The best part? You can take it four times a year: February, May, September, and December. Plus, you can choose between Paper-Based (PBT), Computer-Based (CBT), and even Internet-Based (IBT) options. Symbiosis National Aptitude Test (SNAP) : If you're eyeing a Symbiosis institute for your MBA, this is the one. Symbiosis International (Deemed University) conducts it, and it's usually in December. SNAP's also known for having a somewhat unique way of scoring. Common Management Admission Test (CMAT) : The National Testing Agency (NTA) conducts the CMAT. AICTE-approved institutions all over India will accept it. This one's also typically held in January. It checks you on things like quantitative skills, logical thinking, how well you understand language, and your general knowledge. NMAT by GMAC : The Graduate Management Admission Council (GMAC) is behind this exam. NMIMS and quite a few other management schools accept it. What’s interesting is that you have a 75-day window, usually from October to December, to take it. And, you can even retake it up to three times if you want to improve your score! Indian Institute of Foreign Trade (IIFT) Exam : NTA also conducts this one. If you are keen on IIFT Delhi and Kolkata, this is your ticket. Expect to take it in December. This exam puts a little more weight on questions about international business and trade. MICA Admission Test (MICAT) : MICA Ahmedabad uses this for its PGDM-C program. They hold it twice a year, generally in December and January. MICAT looks at how creative you are, how well you write, and your general abilities. Graduate Management Admission Test (GMAT) : GMAC runs the GMAT as well. Many B-schools in India, and even more worldwide, accept GMAT scores. You can take it pretty much any time of the year. People often go for the GMAT if they're thinking about executive MBA programs or schools with a focus on international business. Lovely Professional University National Entrance and Scholarship Test (LPUNEST) : LPU conducts it for admissions into its undergraduate and postgraduate programs. It's held multiple times throughout the year. It also works as a scholarship test, so doing well can get you some financial aid. So, there you have it! Each of these exams has its own quirks when it comes to structure, who can take it, and the scores you need. It’s worth digging into each one a bit to see which one fits best with what you've studied and where you want to take your career. Good luck!
A career as Marketing Director is also known as a marketing expert who is responsible for the overall marketing aspect of the company. He or she oversees plans and develops the company's budget. The marketing Director collaborates with the business team to plan and develop the marketing and branding strategies for the company's products or services.
A Business Development Executive (BDE) is a professional responsible for identifying growth opportunities and fostering strategic partnerships to enhance a company's market position. Typically, a BDE conducts market research, analyses industry trends, and identifies potential clients or business prospects. He or she plays a crucial role in developing and implementing sales strategies to achieve revenue targets.
A BDE often collaborates with cross-functional teams, including marketing and product development, to align business objectives. Strong communication, negotiation, and relationship-building skills are essential for success in this role. BDE strives to expand the company's customer base, drive sales, and contribute to overall organisational growth in a dynamic and competitive business environment.
Content Marketing Specialists are also known as Content Specialists. They are responsible for crafting content, editing and developing it to meet the requirements of digital marketing campaigns. To ensure that the material created is consistent with the overall aims of a digital marketing campaign, content marketing specialists work closely with SEO and digital marketing professionals.
A sales manager is a revenue-generating source for a company. Any organisation or company which sells a commodity or service requires sales to generate revenue. A Sales manager is a professional responsible for supervising the sales team. An Individual as a sales manager works closely with salespeople, assigns sales territories, sets quotas, mentors the members of the sales, assigns sales training, and builds a sales plan.
The Sales Manager work also includes hiring and laying off sales personnel after evaluating his or her work performance. In bigger entities, sales quotas and plans are usually set at the executive level. He or she is responsible for overseeing the set target or quotas met by salespeople or upholding any policy. He or she guides his or her fellow salespeople and allows them to sell.
Individuals who opt for a career as a business analyst look at how a company operates. He or she conducts research and analyses data to improve his or her knowledge about the company. This is required so that an individual can suggest the company strategies for improving their operations and processes.
In a business analyst job role a lot of analysis is done, things are learned from past mistakes and the successful strategies are enhanced further. A business analyst goes through real-world data in order to provide the most feasible solutions to an organisation. Students can pursue Business Analytics to become Business Analysts.
A marketing manager is a person who oversees a company or product marketing. He or she can be in charge of multiple programmes or goods or can be in charge of one product. He or she is enthusiastic, organised, and very diligent in meeting financial constraints. He or she works with other team members to produce advertising campaigns and decides if a new product or service is marketable.
A Marketing manager plans and executes marketing initiatives to create demand for goods and services and increase consumer awareness of them. A marketing manager prevents unauthorised statements and informs the public that the business is doing everything to investigate and fix the line of products. Students can pursue an MBA in Marketing Management courses to become marketing managers.
An SEO Analyst is a web professional who is proficient in the implementation of SEO strategies to target more keywords to improve the reach of the content on search engines. He or she provides support to acquire the goals and success of the client’s campaigns.
Digital marketing is growing, diverse, and is covering a wide variety of career paths. Each job function aids in the development of effective digital marketing strategies and techniques. The aims and objectives of the individuals who opt for a career as a digital marketing executive are similar to those of a marketing professional: to build brand awareness, promote company services or products, and increase conversions. Individuals who opt for a career as Digital Marketing Executives, unlike traditional marketing companies, communicate effectively through suitable technology platforms.
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