Tuesday, May 19, 2009

6 Parameters For Selecting the Right B-School

"You can’t judge the B-schools at face value, you have to explore the options of the available MBA institutions and select what is the best for you."

Getting an MBA degree from one of the reputed B-schools makes a world of difference to your educational as well as the professional career. It is not only because you can get quality education from top class faculties but also that a brand name will stay with you throughout your life. Hence, before enrolling into any MBA program, it is vital and logical to evaluate the MBA institutes.

Here are some questions that you must ask yourself before selecting an MBA institute for pursuing an MBA.

1. How is the B-School Ranked?
However, considering the ranks of the MBA institutions is one of the best ways to start searching for a best organization. In the past few years, many surveys have been conducted to rank the reputed B-schools in India. Also there are organizations that have gained fame for quality education and other facilities. You can compare the current and past records of other MBA institutes to find the right organization for you.

2. Which Subject Do You Choose to Specialize in?
The scopes of MBA are no more limited to marketing, finance or accounting. Apart from these traditional subjects for specializations, the applicants are flooded with options such as foreign trade, system management, rural management, etc. Unfortunately, not all the MBA institutes offer all kind of specializations. So, if you are selecting a B-school, find out if that particular organization is offering the subject you want to specialize in.

3. What is the Recruitment Record?
Find out the placement statistics of the B-schools in the last three years and analyze the number of students in an organizations picked by the top notch companies. Make a list of the MBA institutes whose students have been selected by the companies that you want to work with. It is better if that particular school has global recruiters.

4. Does the School Offer Financial Aid?
Most of the MBA programs are expensive, but the financial constraint shouldn’t stop you from pursuing an MBA course from one the reputed B-Schools. The top ten B-schools offer financial aid to their students. However, there are many banks that readily approve student loans that are not required to be repaid till the student gets a job. Some of the MBA institutions also offer scholarships to the students based on their merits.

5. What are the Teaching Methods and Academic Considerations?
Faculties and teaching methods are main consideration of MBA institutions. The top B-schools primarily focus on research and discuss the problems involved in the real world of business. However, if you are selecting an MBA institute, give emphasis on the faculties and the methods of teaching they are following. The practical methods of teaching can catapult the ability of the students to deal with their responsibility at the highest level.

6. Are You going to Get International Focus?
The businesses across the world are undergoing a significant change as a part of globalization. Hence, chances are high for the MBA students to have global recruiters. The schools having international focus will offer more case studies and placement facilities, and you can get exposure in diverse fields.

These are the major areas of consideration while selecting one of the best B-schools for your bright future.

No comments: