Choosing a Best Business School in India

What happens in the real world when potential candidates choose an MBA program? Thousands of website on the internet provides advice about how you should choose the best business school. In some way buying your first car and choosing an MBA institute is same. When you think about buying a car, you evaluate on various parameters like the style, mileage and cost etc. The same thing happens when a student compares between MBA programs of different colleges across India. However, what are the parameters based on which students actually select an MBA   institute? The attributes that the top MBA colleges in India possess are something like the following:

Affiliation of the institution: The institute you are choosing has to be affiliated by All India Council for Technical Education (AICTE) and should be under an UGC recognised university. Accreditation entities specifically for MBA programs ensure systematic and quality education.

Cost analysis: MBA starting salary would be the most important attributes that students, as well as their parents, have in their mind. Besides investing their time and effort, students stake hope and emotion in this education. The importance of Return on Investment cannot be overlooked. An MBA degree is a major investment and many students incur debt to pay their fees for the 2-year course, so it is a great deal of concern that when the debt can be paid back. Also, when would that investment will yield the profit are crucial to the choice of your business school. Researchers rank MBA School on the basis of the ROI achieved by the MBA graduates over a five years period.

Clearance: Many of the world's top management institute offers a selection of the specialised program. Many of these specialised programs are tailored to a specific industry. Before going to opt for any program, check whether it is matching with your area of interest or not. To get admission in any top MBA College, one must be prepared to sit for a competitive examination like CAT, GMAT, MAT, XAT, SNAP, CMAT etc. Some of the renowned colleges take their autonomous examination for the selection of candidates. These examinations are taken to ensure that the candidates should have the necessary skill sets.

The accuracy of the official placement figure: Most of the students choose B-schools based upon their placement packages flashed on their website. Do not be a prey, before taking admission in any MBA college makes sure you consult with ex-graduates or counsellors about the accuracy of the data given on the website.