Obviously if you had a magic wand and you were given one choice – most of you would choose one of the IIM’s. But then life is not so easy and you have to be the chosen one to get into your dream institute. When we start planning for an admission to a Business School – the second question you need to answer is Where?
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Obviously if you had a magic wand and you were given one choice – most of you would choose one of the IIM’s. But then life is not so easy and you have to be the chosen one to get into your dream institute. When we start planning for an admission to a Business School – the second question you need to answer is Where? The first question ofcourse is Why do I need to do management?
Just as a right Business School can make your career and hence your life, a wrong choice can put you in dock. Then what is right and what is wrong? How do you differentiate between a right business school and a wrong business school. Which ones to choose and which ones to avoid? If you do not get into the premier league, there is no harm in taking a break and trying again next year with renewed zeal and vigor rather than compromise or settle for whichever you are getting into. This is a major decision and can have a life long impact on your career. Ofcourse the top 20 would always be good and following criterion should be used to judge the school not in that list.
Ask the following questions before paying the fees:
Placement Record: Ultimately what drive is the placements. Hence check, find out what kind of placements the previous and last few batches have had. Placements is also a function of track record of the students in the industry, level of industry – institute interaction, faculty etc. Make proper enquiries about all this. Check their website, scan their broucher.
Faculty: number of core faculty members, their backgrounds and experience, visiting faculty and their level in industry etc.
If the institute is new, talk to the Director and to the faculty as they are going to drive the education and placements. Check out their enthusiasm levels. Understand their plans and the practicality and implementability of these plans. As they would have nothing concrete or tangible to show. If possible talk to others who have taken admission in the institute and understand their motivation in taking admission there.
Governing Council of the Business School: How is the industry representation? Which type and what level people are associated with the school. How active can they be?
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