Checklist to Choose Right MBA College
It is well-known that an MBA advantages the aspirant only if it is pursued from a top b-school. However, what constitutes 'top' varies among humans and between years.
College students need to consider the key parameters for the selection of b-schools. Students have to compare the overall performance of the b-colleges on these parameters and make a shortlist of suitable colleges
Management Goal - Why do you want to do an MBA?
The first question should always be why do you wish to pursue the course. There can be various reasons as to why a candidate wishes to get an MBA, it might be to excel in a particular field or to enhance their qualifications, etc. The basic reason lets the user know their key requirements. The career opportunities that an MBA provides in the short-term and long-term, the speed of growth that it offers, the variety of roles that one can get into etc. should be the main reasons for doing an MBA
Ranking - Measure the credibility of the institute
MBA College Rankings assist you to make a decision on which MBA College or MBA program you must apply when there are some alternatives available to you. The credibility and track file of the ranking is most essential to get dependable guidance. Only some institutes have accurate credibility. One should check if the institute has been certified by the recognized government bodies like University Grant Commission (U.G.C.) or the All India Council for Technical Education (AICTE)
Alumni - Alumni Network
The older the university, the better is its alumni base that leads to a better career path with the help of the worldwide community of its old students. The legacy not only reflects its position on a placement year after year but also proves the sustainability and growth of the institute over a duration of time. The learning experience from properly learned and experienced faculty is another gain that scholars of an older university get according to changing marketplace trends
Placements and Internships
Another vital factor to keep in mind is to check the type of internships the MBA institutes offer. A suitable internship could be very beneficial for the MBA college students and gives college students a chance to interact with folks that are already doing realistic work and additionally help them to benefit from an understanding of the corporate work culture together with the improvement of work competencies and ethics. Also, a good placement record is a must. The placements help the graduate get a head start if they get recruited by a prestigious company from the college itself.
Faculty of MBA College
An appropriate MBA university will always have a learning technique that is scholar-centric and not instructor-centric. Identifying the scholar’s strength and developing the vulnerable factors of the scholar has to be the goal of the academics of the MBA institute. The faculty must be greater than a teacher who evokes the scholars closer to the success and boom of their career. Therefore, always select an MBA university that has properly qualified professors with excellent experience and educational background. Lecturers must put extra effort to interact with the MBA students and encourage them. They have to use present-day techniques for teaching just like the net and must be tech-savvy.
MBA Specialization / Curriculum
Many pinnacle MBA colleges offer General MBA and only a few specialized MBA programs while many different MBA faculties provide specialized MBA programs also, like MBA Finance, MBA Rural Management among others. The preference must be made earlier than taking admission. Also, while deciding on a good MBA university, a scholar ought to always examine how the university syllabus adds to his competencies and capabilities and how more projects, workshops are organized and arranged throughout the course.
Additional Relevant Certifications & Programs
National and International Accreditations offered to the university reflect the quality of education inclusive of curriculum as per Global standard and enterprise requirement, pedagogy, high quality of faculty and research, facilities at the institute which can be outstanding parameters to choose the best MBA college.
Industry Linkage - Industrial Tour
An excellent university has good industrial links and it allows its students to get industry exposure by organizing timely industry tours. The industry linkages of the university, its tie-ups with reputed organizations also matter at the time of placements. It impacts both, the quality of placement offers and the competencies of the graduate.
Fee Structure
The fee isn't always a direct indicator of the quality of a b-school. One ought to not rate a school excessive simply due to its charge nor should one trash a faculty completely due to it. Many pinnacle colleges charge a quite excessive fee of around 20 lakhs while some pinnacle colleges fee as little as three lakhs. As fee can't be an unbiased parameter to assess a university, it ought to be used alongside parameters like placement and brand value of the B-school.
College Environment
There is no point running for the brand, but choose the one B-school where you could expand your wings not looking at your average scores but making it large in an amazing learning environment. The college environment shapes you as a person. The college environment must be culturally diverse, social and focused on learning. There should be the coexistence of academics and socio-curricular activities.
Closing
Therefore, it is of utmost importance that a candidate does good research before getting into a college to pursue MBA. One must keep in mind all the above parameters before finalizing any college. After all, the institute has a great impact in shaping your future.