Things to know before joining an MBA college
Here are some parameter’s any business schools can be scaled on them.
- Ranking(Global & Domestic).
- Prestige, Brand Recognition.
- Location
- Faculties
- Industrial Relations & Business Network
- Fee structure/ Cost and ROI.
- Availability of scholarships or special funding.
- School' atmosphere, culture and values.
- Safety and Security.
- Placement support& past track records.
- Strengths and specifications
Some key factors are taken into consideration while picking up the MBA college
- Faculty:
A management college's faculty must be able to impart current knowledge that is beneficial from an industry standpoint. For management courses, simply following academic information is insufficient because the competence to solve problems in real life must also be cultivated. It is essential to have knowledgeable professors who can impart advice on managing teams and projects.
- Specializations:
Be certain of the management stream you'll select for your area of specialization before beginning your application process. Although HR, Finance, Agri business, International business , Marketing, and Operations have generally been the most popular streams, more specialized ones like Sports Management and Healthcare Management. Be on the lookout for a college that also offers these new age streams.
- Infrastructure:
Another crucial element is an amazing infrastructure that includes a rich library, advance computer lab and sports facility. There must be access to learning tools like case studies and scholarly journals. The total architecture of a college also includes dedicated cells for placements, innovation, and cultural events.
- Alumni Support:
The backing of an institution's alumni is crucial for an MBA college. It could be for training and internships, job placement assistance, guest lectures, or business ventures. Obtain information about an MBA college's alumni network and alumni cell from reliable sources to determine how powerful they are.
- Exchange Program:
Acquiring admission to one of India's MBA colleges has the added benefit of attending an overseas university or studying with renowned professors. With the help of exchange programs that last a few months and are offered by many international universities in collaboration with Indian colleges, students can acquire management strategies in a cross-cultural setting.
- Placements:
Campus placement is typically the decisive factor for students when selecting an MBA college. Leading corporations are attracted to top B Schools in India for placement, and attractive compensation is guaranteed. Any B-school is no good for your career if you don't get placed in a good company with a handsome package at the end. See the average package offered in that college and the highest package bagged by their students.
- Eligibility Criteria
First of all, you need to assess the eligibility criteria for a particular college. Check the entrance examination whose scores that B-school accepts. See what the required cut-off is. Check whether they give more weightage to the exam score or overall academic profile.
- Fee
Compare the fee structure of various B-schools and the benefits you will get if you join them. List everything down. Ensure the college you choose for an MBA/PGDM has a moderate fee structure and gives the best ROI tailored to your conditions.
- Ranking
It would be best if you looked at the ratings of credible institutions. They would help you decide which college is good among the number of options available to you. Every Tom, Dick and Harry's rankings are provided these days but are careful while believing them. Believe only in the rankings of credible institutions such as NIRF (by HRD Ministry, Govt. of India) and Outlook B-school rankings.
- Location
It is another thing that you got admission in one of the IIMs or XLRI, or MDI. Your MBA college should be located in or near some employment hub like Bangalore, Delhi-NCR, Mumbai, Pune , Hyderabad you could opt for the best available MBA college in the city as per your eligibility for admission. The career prospects are good, and many companies visit the campus every year to recruit students.
In conclusion, before embarking on the journey of pursuing an MBA, it is essential to equip oneself with a comprehensive understanding of the expectations and challenges that lie ahead. Researching the prospective colleges, understanding the curriculum, networking opportunities, and alumni connections are crucial steps to make an informed decision.