With hundreds of MBA colleges in India to choose between private and public universities, students are bound to get confused which ones to apply. The first and foremost task is to choosing the right B-School that you think meet your educational requirements and match your profile. But at this point itself clarity of vision and thought is necessary to shortlist the most appropriate MBA colleges.
MBA Colleges should be weighed on the grounds of its positive and negative traits. Research and cross-verify whether the shortlisted MBA colleges meet the most common and needed requirements as follows:
Proper Course Curriculum
MBA degree surely needs loads of hard work and study to excel in the chosen field of management study. Thus the course curriculum has to be well researched. You should choose the MBA colleges that have an extensive and competitive course curriculum with latest research facilities. Keeping pace with fast changing management norms and needs has to be reflected in the course that you choose.
Affiliation with recognised University
In case if you are shortlisting a private MBA college, make sure that it has affiliation with a recognised and reputed university and has AICTE/UGC approval.
Quality of faculty members
Knowledge given in books is of no use if not explained and communicated to students in a proper manner. This statement clearly explains the importance of good faculty members who can help you to understand and learn better. Make sure to shortlist MBA colleges that have experienced and highly educated faculty for various subjects. Also pay heed to the student and faculty ratio, it should ideally be 15:1 or 20:1.
The Fees Structure and Scholarship
MBA courses are not cheap; the fees are indeed little higher in this professional degree course. The fees sometimes become the prime deciding factor in selection of the MBA colleges in India. To simplify this problem, please research about education loans and scholarships available in India that can support your education expenses. If you are academically bright, consider scholarships that are offered by many B-schools, governments, education loan companies and philanthropists. Nearly all scholarships offer certain amount of discount on the total tuition fees.
Quality of career placement
A good B-school offers proper campus placement in addition to value added internship program. After MBA degree the most important issue that remains is that of placement in a good company with competitive salary package. The shortlisted MBA colleges should have career placement team dedicated to assist students find the most fitted job after the course. They should conduct mock interviews and conduct seminars so that students get training for a lucrative career.
Course Benefits
The course that you select from the MBA colleges should be able to teach you and polish you in terms of a good managerial candidate. As different specialization is available in MBA degree program, the B-school’s ranking should be higher for the courses being offered by them.
Quality of student life
B-schools that offer a rich quality of student life, giving enough opportunities to network, follow your interests and hobbies should be chosen. Many big universities have special ‘Student Club’ that looks after the interests of the students and arrange for various activities from time-to-time. Teamwork and leadership qualities are much needed attribute for managerial candidates, and a good MBA college can help develop these traits.
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