Factors to Consider while selecting a B-School

Category: Education

Placements Each student taking admission in a management program does so in the hope of securing a good job. The prospects of a high paying and benefiting career opportunity lures almost each student seeking admission in management related programs like PGDM. The reputation and quality of education being imparted is reflected in the kind of placements the institute provides. The B-School’s with best placements offer not just good profiles but also competitive salary packages for the PGDM graduates. Location Strategically located B-Schools in cities where rapid industrialization is prevalent are the first preference of students seeking admissions in management programs. The reason is very obvious, B-Schools which are located in cities like Mumbai and Bangalore offer a better standard of living and exposure to the latest developments along with an opportunity of interacting and networking with leading Business leaders at various Guest Lectures and Round Table Events. Brand Image A student passing out of an institute is known as a product of that institution which in itself is a brand given the prospective employers are consumers of those ‘products’. Hence, the brand image of the institute reflects the quality of the product the institute delivers after completion of any management program. If the college has a good brand image then it implies that it has been delivering quality product since a long time for creating a healthy image. Hence, the brand image should be considered by students while seeking admission in a particular B-School. Faculty The group of professors and lecturers delivering the curriculum in an institute hold the fate of the students as well as the institute in their hands. Well trained and academically excellent professors are a necessity for all management institutes but sadly, only few institutes offer faculties with global awareness and dynamism who can communicate in a fashion which would inspire students to perform beyond their capabilities. A good faculty member should be an inspiring speaker who has a thorough subject knowledge along with relevant industry experience so that students are able to learn from live industry examples and are able to apply knowledge to current industry trends. Infrastructure Modern training methods like video lectures and webinars can only be made available to students if the institute has complementing infrastructure. IT Labs, E-Libraries and conference rooms with projection and video-conferencing facilities are a must for institutes offering management programs as many multinational firms prefer conducting offshore interviews. Additionally, state-of-the-art facilities like complete Wi-Fi, an Innovation Lab (InnoWe); one-of-its-kind Brainstorm room; open-air seating amphitheatre, cafeteria, well-equipped gym, yoga and meditation centres as well as separate hostels for both boys and girls to provide a world class education environment and learning environment to its students. Alumni Network Alumni of a B-School can connect to each other over the years if they have a strong alumni network which is being managed by an alumni committee. Such connections prove to be very fruitful in professional development of the individuals getting out of that institute as they get chance to exchange business opportunities between each other. An institute with a strong alumni network should be the one preference by MBA aspirants as it provides a well-built professional network which facilitates exchange of learning and experiences as well as placement opportunities. Global Exposure Globalization has led to the entire world turning into one marketplace with seamless opportunities. Under such circumstances, institutes offering a global exposure through visiting faculties and student visits are trending in demand. The reason is very obvious, institutes in India with foreign collaborations and student visits abroad offer global business exposure and trends that haven’t hit Indian market yet. These global exchanges catalyze the entrepreneurial acumen of students and ensure that they turn into thorough professionals who are excellent communicators.