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Premium member Presentation Transcript PowerPoint Presentation: Applying to B-SchoolsLife as an MBA: Life as an MBAB-School Selection: B-School SelectionBackground PG in Management: Background PG in Management No. of B-schools in India: 1200+ No. MBAs graduating every year: 70,000+ Variety of programmes - Two-year degree or diploma - Shorter 12-15 months programmes - Three-year part-time - Executive programmes: on-line / classroom - Correspondence Specialisation - None - Function: single / dual - IndustrySelection Process/Criteria*: Selection Process/Criteria* Two-stage process - Written test - GD + PI Criteria & Weightage - Low transparency - Written test: 40-60%* - GD / PI / Work Ex / Bio-data: 10-15%* each * Best GuesstimatesForced ‘Glasnost’!: Forced ‘Glasnost’! AICTE has asked the B-schools to make a detailed disclosure B-school Min %ile Selection Criteria BIM, Trichy 87.45 CAT – 50% BIMTECH None CAT – 35%, Graduation % - 20% GD – 20%, PI – 25% IMI 93.65 CAT – 40%, Bio-data-10%, GD-10%, Essay-10%, PI-30% K J Somaiya 89.65 CAT – 50%, GD-12.5%, PI-20%, Acads – 10%, Comm. Skills – 10%, WE – 7.5% LBSIM 89.65 CAT – 60%, Others – 40% MICA 90+ CAT only for short-listing. MICAT – 30%, GD/PI – 70% NIRMA 88 CAT – 70%, GD – 10%, PI – 20%Forced Glasnost!: Forced Glasnost! List 2 B-School Min %ile Selection Criteria Fore NA CAT - 35%, Acads + WE – 25%, GDPI – 40% IISWBM 83 CAT-10%, Acad-20%, GD+Extempore-30%, PI-40% SDM, Mysore 69 CAT – 50%, Acads + WE - 20% GD – 10%, PI – 20% GIM 84.5 ( XAT ) XAT-50%,Acads-10%, GD+PI-30%, WE-10% UBS 90+ CAT -85%, GD& PI – 7.5% each.How to Select the right B-schools: How to Select the right B-schools ( *for applying )Criteria: Criteria 1) PlacementsPowerPoint Presentation: 100% placement - myth or reality ? Average Salary figures – need a pinch of salt! Placements “All that glitters is not gold”Criteria: Criteria 1) Placements 2) Quality of FacultyQuality of Faculty: Quality of Faculty Key Considerations Balanced mix of full-time & visiting faculty Faculty-industry interface Qualifications & BackgroundCriteria: Criteria 1) Placements 2) Quality of Faculty Members 3) Quality of StudentsPowerPoint Presentation: Learning at a Good B-school takes place as much from your fellow-students as from the teachers. Quality of Students Best Institutes get the best students!Criteria: Criteria 1) Placements 2) Quality of Faculty Members 3) Quality of Students 4) Quality of InfrastructurePowerPoint Presentation: However, Do not get carried away by the claims regarding infrastructure Quality of Infrastructure While good infrastructure alone does not guarantee great learning but it helps!Criteria: Criteria 1) Placements 2) Quality of Faculty Members 3) Quality of Students 4) Quality of Infrastructure 5) Image of the institutePowerPoint Presentation: Image of the Institute Brand matters! Why do we pay a premium for a brand ? Value of the management degree/diploma depends on the reputation of the institute!Criteria: Criteria 1) Placements 2) Quality of Faculty Members 3) Quality of Students 4) Quality of Infrastructure 5) Image of the institute 6) Location of the institutePowerPoint Presentation: Location of the Institute Lion commands respect even outside jungle! But location matters for lesser mortals! Location of the Institute impacts quality of placements and sourcing of the best faculty !Criteria - Summary: Criteria - Summary 1) Placements 2) Quality of Faculty Members 3) Quality of Students 4) Quality of Infrastructure 5) Image of the institute 6) Location of the institute Still Confused?: Still Confused? Let us try to find answer to the questions by asking some more Questions!FAQs: FAQs How many B-schools I should apply to? - Depends on your budget - Suggested number: 10 -12 - Apply to B-schools in more than one ‘band’ 2. Authenticity of Surveys done by different publications? - Sample Size - Non-participation of institutes - Low knowledge of people involved 3. How is B-school ‘X’?FAQs ( Contd.. ): FAQs ( Contd.. ) 4. How to check B-school claims - Personal visit, websites, not just companies but salaries & designations too! 5. I need minimum Rs 25,000 per month. Which B- school will give me this? - Take-home or CTC? - Are you looking at the MBA only from short-term or long term perspective? 6. Salary statistics: Average, Highest, Lowest – Should I believe in the figures quoted in the media? - Check ‘Mandatory Disclosure’Salary Statistics ( 05 ): Salary Statistics ( 05 ) B-school Average Highest Lowest BIM 4.46 6.5 2.75 Fore 4.6 8.4 3.5 IIFM ( 06 ) 4.2* 8.0 IMI 5.2 7.1 3.5 LBSIM 5.5 8.8 4.2 LIBA 4.63 8.0 2.5 NIRMA 4.12 8.6 SDM 2.66 4.0 1.8FAQs ( Contd.. ): FAQs ( Contd.. ) 7. Institutes not having ‘min 50%’ criteria? 8. Any good ‘MAT’ institutes? - Yes, please wait till we get into ranking! 9. If I do not get into an institute of my choice, should I try again or compromise? - Depends! 10. At what NATCAT percentile rank I can hope to get into a ‘top 10’ B-school?FAQs ( Contd.. ): FAQs ( Contd.. ) 11. How important is course fee in deciding the B-school? - V. low importance 12. Is there any way I can finance the studies since cost is very high ~ Rs 5 Lakhs? ( Rs 14 L at ISB ) - Yes, bank loans are easily available at good B-schools 13. Should I apply only to colleges in and around Delhi since I do not wish to stay far away from home? - N ORule of Thumb 1 : Rule of Thumb 1 Tougher to get admission → better is the B-school Quality of B-School → Ease of Admission Low highRule of Thumb..2 : Rule of Thumb..2 2. While you ‘naturally’ want to get into the best B-school, they also want the ‘best’ of the students! Quality of B-School → Quality of Students Low high LowRule of Thumb..3 : Rule of Thumb..3 3. ‘Normal distribution’ of salary takes place at each & every B-school, including IIMs. Salary → N U M B E R SRule of Thumb..4 : Rule of Thumb..4 4. Most of the times, quality of B-school is inversely proportional to the size of the Ads! Hope you understand this one!Rule of Thumb..5 : Rule of Thumb..5 5. When in doubt, APPLYMyths & Realities: Myths & Realities I can’t waste one year, so I should join whichever B-school admits me. If I do not crack CAT this year, it means I am incapable of cracking it. Since I have a ‘gap’ year, I cannot make it to a good B-school. All ‘CAT’ institutes are better than all ‘MAT’ institutes. Since work experience can give me an edge, I should get a ‘fake’ experience certificate to enhance my chances of success.Last Words …: Last Words … Selecting a B-school for yourself is possibly one of the most important decisions in your life, … almost as important as getting married, Would you therefore go by what others say … or invest enough time and efforts in deciding which B-school to join? Why not visit the B-school yourself, speak to the students, faculty members and decide … Whether you like to spend your two years there? Invest enough time & efforts before decidingInstitute Ranking : Institute Ranking Top 10 World class, Ivy league, 100% placements A+ & A Good quality, near 100% Placements B+ Consistent Quality, Good Placements B Popular at local level, local placements ( All the rankings within a category are in alphabetical order ) ( Only full-time programmes ranked )PowerPoint Presentation: The Top 10 Faculty of Mgmt Studies, Delhi – FMS - FT & MS ( Own ) 2. IIM Ahmedabad - PGDM, PGDM-ABM, PGPX 3. IIM, Bangalore - PGDM, PGSEM 4. IIM, Calcutta - PGDM, PGDCM, PGPEX 5. IIM, Indore 6. IIM, Kozhikode 7. IIM, Lucknow - PGDM, PGDM-ABM 8. Indian School of Business, ( ISB ), Hyderabad ( GMAT ) 9. Jamnalal Bajaj Instt. of Mgmt Studies (JBIMS), Mumbai ( M-CET / MAT ) 10. XLRI, Jamshedpur – BM & PM+IR ( XAT ) ( All the rankings within a category are in alphabetical order )PowerPoint Presentation: "A+" Category Indian Institute of Foreign Trade (IIFT), New Delhi ( IIFT ) IIT, Delhi ( JMET ) - MBA & MBA - Telecom MDI, Gurgaon ( CAT ) - PGPM, PGPM-HR, PGPM-IM Mudra Instt. of Communication, A’bad Narsee Monjee Instt. of Mgmt Studies, Mumbai* ( NMAT ) NITIE, Mumbai ( CAT ) - PGDIM / PGDIE SJM School of Management, IIT, Bombay ( JMET ) SP Jain Instt. of Mgmt and Research, Mumbai ( CAT / XAT ) Symbiosis Instt. of Bus. Mgmt. (SIBM ), Pune* ( SNAP ) TISS, Mumbai - MA ( HR ), MA ( Hospital / Health Mgmt )PowerPoint Presentation: NMIMS, Mumbai Specialised Courses 1. MBA ( PHARMA ) 2. MBA ( CAPITAL MARKETS ) WITH BSE 3. MBA ( ACTURIAL SCIENCE ) 4. MBA ( GLOBAL BUSINESS ) 5. MBA ( RETAIL MANAGEMENT ) 6. MBA ( SERVICES MANAGEMENT )PowerPoint Presentation: "A" Category Bharathidasan Institute of Management, Trichy ( CAT 87.45 ) Fore School of Mgmt, Delhi ( CAT ) Goa Institute of Management (GIM), Goa ( XAT 84.5 ) Indian Institute of Science (IISc.), Bangalore - JMET Indian Institute of Technology (IIT), Kharagpur* - JMET Indian Institute of Technology (IIT), Madras - JMET Institute of Management Technology - IMT, Ghaziabad* ( CAT ) Institute of Rural Management, Anand ( IRMA ) - OWN International Mgmt Instt. (IMI), New Delhi ( CAT – 93.65 ) K.J. Somaiya Institute of Management Studies ( CAT – 93.65 ) Sydenham Instt of Mgmt Studies, Mumbai ( M-CET ) Symbiosis Centre for Mgmt and HRD (SCMHRD), Pune ( SNAP ) T. A. Pai Management Institute (TAPMI), Manipal ( CAT ) University Business School (UBS), Chandigarh ( CAT – 89.65 ) Xavier Institute of Management (XIM), Bhubaneswar ( XAT )PowerPoint Presentation: B+ Category 1. Amrita School of Business, Coimbatore ( CAT ) 2. Birla Institute of Mgmt Tech. ( BIMTECH ), NOIDA ( CAT ) 3. Chetna's R. K. Inst of Mgmt., Mumbai ( M-CET ) 4. Deptt. Of Mgmt Studies, Pune ( PUMBA ) ( M-CET ) 5. Deptt. Of Fin. Studies ( DFS ), Delhi ( MFC ) - MFC 6. Great Lake Instt. Of Mgmt ( GLIM ), Chennai ( GMAT ) 7. Hyderabad Central University (HCU), Hyderabad ( CAT ) 8. ICFAIN Business School, Gurgaon ( IBAT ) 9. ICFAIN Business School, Hyderabad ( IBAT ) 10. ICFAIN Business School, Navi Mumbai ( IBAT ) 11. IIFT, Kolkata Campus ( IIFT ) 12. Indian Institute of Social Welfare and Business Mgmt (IISWBM), Kolkata ( CAT ) 13. Indian Institute of Technology (IIT), Kanpur ( JMET )PowerPoint Presentation: B+ Category 14. Instt. of Mgmt Devp. and Research, Pune ( CAT ) 15. Instt. for Fin. Mgmt and Research, Chennai ( CAT ) 16. ITM Business School, Navi Mumbai ( CAT ) 17. Kirloskar Instt. of Adv. Mgmt Studies, Harihar ( CAT ) 18. Lal Bahadur Shastri Instt of Mgmt, Delhi ( CAT 89.65 ) 19. Loyola Instt. of Bus. Admin, Chennai ( XAT 91 ) 20. National Instt. of Technology (NIT), Trichy ( ATMA ) 21. Nirma Instt. of Mgmt, Ahmedabad ( CAT ) 22. S P Jain, Dubai Campus ( GMAT ) 23. SIES College of Mgmt Studies, Mumbai ( M-CET ) 24. Symbiosis Instt. of International Bus., Pune ( SNAP ) 25. Welingkar Institute of Mgmt, Mumbai ( CAT )PowerPoint Presentation: B Category Alliance Business Academy, Bangalore ( CAT / MAT ) 2. Amity Business School, NOIDA ( Own ) 3. Bharatiya Vidyapeeth, Pune ( M-CET ) 4. B. K. School of Business Mgmt, Ahmedabad ( GCET ) 5. Birla Instt. Of Technology, Mesra, Ranchi ( CAT ) 6. Christ College, Bangalore ( MAT ) 7. Delhi School of Eco., Delhi (Own ) - MIB & MHROD 8. Faculty of Mgmt Studies, BHU, Varanasi ( CAT ) 9. ICFAIN Business School, Bangalore ( IBSAT ) 10. Indian Institute of Forest Management, Bhopal ( CAT ) 11. Indian Institute of Planning & Mgmt, Delhi ( Own ) 12. Indian School of Mines (ISM), Dhanbad ( CAT ) 13. Institute of Public Enterprise (IPE), Hyderabad ( CAT ) 14. Institute of Technology & Mgmt, Bangalore ( CAT ) 15. Institute of Technology & Mgmt, Chennai ( CAT )PowerPoint Presentation: B Category 16. MBE - Delhi University ( Own ) 17. Osmania University College of Business Mgmt ( CAT ) 18. Pondicherry Central University ( CAT ) 19. PSG Institute of Mgmt, Coimbatore ( TANSET / MAT ) 20. R A Podar Institute of Management, Jaipur ( RMAT ) 21. School of Comm & Mgmt Studies, Cochin ( CAT ) 22. SDM Instt for Mgmt Development, Mysore ( CAT) 23. Siva Sivani Institute of Mgmt, Hyderabad ( MAT ) 24. Sri Ram College of Comm., MBA-GBO, Delhi ( Own ) 25. St Joseph College of College, Bangalore ( XAT ) 26. Symbiosis Instt of Mgmt Studies, Pune ( SNAP ) 27. Symbiosis Institute of Telecom Mgmt, Pune ( SNAP ) Xavier Instt of Mgmt and Entrepreneurship, Bangalore ( MAT / XAT ) 29. Xavier Instt. of Social Sc., Ranchi ( XAT 55 / MAT 650 ) 30. Xavier Vignana Jyothi Instt of Mgmt, Hyd ( MAT )PowerPoint Presentation: Best of Luck! You do not have the permission to view this presentation. In order to view it, please contact the author of the presentation.