How to Select the Right Business School
by Manish J. top MBA colleges in BangaluruOK, let us get real. Which top b-School to study in depends,
first and foremost, on what you want from an MBA education.
- If it
is to avoid looking for a job, because the economy is down, then any MBA
will do. This article is not for you.
- If you
want to extend your educational life, then this article is not for you.
- If you
want to run away from parental controls, then this article is not for you.
- If you
want a better job, do a correspondence MBA and hire a placement consultant,
it is cheaper.
An MBA education is not theoretical – where you attend some
classes, give a few exams and get a certificate. If you want to do that, see
point 4 above.
The purpose of an MBA is the following:
- You
want to boost your existing career, and you are leaving a job to do an MBA
- You
want to be an entrepreneur. I am sure we can argue this.
- You
want a good salary
- You
want better growth prospects
- You
want to interact with other future CEOs. Most of my classmates are in
senior management and helping to change the world in their own way.
For all the above, you need to select the right MBA college. Such a college should have the
following characteristics (and I know that I am in a minority here):
- Does
the college teach other subjects than the standard ones, like Emotional
Intelligence, Critical Thinking, Relationship Management, Change
Management, Business Process Management etc. This augments transferable
skills in a student, which is looked at during a job interview.
- Do the
faculty members have industry experience and can they relate the theory to
practice of management?
- Are
the type of exams mug-and-vomit or are the questions thought-provoking and
challenging?
- How
many practical exercises and projects are done in the fields of team
management, selling, negotiation, project management etc.?
- How
much encouragement and facilitation for doing outside projects during the
MBA tenure?
- What
was the mode salary (what salary did most of the students get)?
- Is the
academic curriculum tough? I know that this is counter-intuitive, but the
tougher the curriculum, the more your ability to handle stress – am
important aspect in the job?
- Does
the alumni return to campus on occasions to mentor and give feedback?
- What
is the student culture – is it mediocre and not MBA oriented or is it
supportive and MBA-focused?
- Do the
same companies come regularly to the campus for placement? This indicates
that companies are satisfied by the quality of the students.
- What
type of jobs are offered by these companies. This indicates the quality of
the specialization.
All the above have to be weighed against the cost of doing
an MBA. You better be sure that you are
getting your money’s worth.
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Created on Nov 1st 2018 07:27. Viewed 444 times.
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