As the admission process for management courses enters the last lap, Sanchayan Bhattacharjee looks at different parameters on which students must judge a college.
It is a well-established fact that students opt for a Master of Business Administration (MBA) degree not just to supplement their graduate education but also to get better salary packages. Often you do not mind completely changing streams after getting the degree in order to achieve that purpose. Thus it is important that you take a rational and well informed decision while choosing an institution.
Here are a few factors that you must evaluate:
A plethora of institutions across the country today offer management education. Ascertain the credibility of an institute before taking the plunge. “Ideally, a student must select an institution that has been offering the course for a few years at least and is recognised by the University Grants Commission (UGC) or All India Council for Technical Education (AICTE),” says R.S.S. Mani, vice president, Institution for Technology and Management, Navi Mumbai. It is also important to not be swayed by institutes that flaunt awards received from private institutions with no academic or industrial relevance.
The list of faculty members along with their qualifications for most institutions is provided on their website. Take initiative and try to know more about them. According to Anuj Jain, chief counsellor at EduGroomers, a career guidance institute, students must rely more on first-hand information about the faculty if possible. “It is difficult to trust college rankings and faculty information as published by different organizations because there is always a chance that one or more institutions may have paid for them. Students who are already studying in the institution will definitely give honest feedback about the faculty members,” he says.
The fundamental principle with regards to the curriculum is that the course offered must determine the college for a student and not the other way round. “Nowadays choosing an MBA college has become akin to choosing from a menu card. Students give more importance to the brand name of a college than to the course they want to study,” says Jain. In addition to this, students must also look at how a college syllabus adds to their competencies and skill sets. Although the basic syllabus remains the same, each institution can choose to conduct extra projects, workshops etc. for better understanding of the subject. Says Mani, “Students must look at what an institution is offering apart from the usual academic syllabus which all institutions are required to offer. They must make sure that the institution teaches them how to communicate with people in different situations, take responsibility and act like a leader.”
It is perhaps the most important factor for students while deciding on a college. Often this becomes their only decision making criterion. Check up placement data provided by colleges on their websites. It could ne decked up for advertising purposes. “In addition to audited placement reports provided online, students must speak to the recently graduated batch to get an idea about the placement scenario. They must aim for institutions which offer a package that will be a decent return of investment,” says Mukund Kumar, joint secretary, placement cell, Faculty of Management Studies, New Delhi. Another important aspect is the kind of internships offered by the institution. “It gives students a chance to interact with people who are doing practical work and allows them to be better prepared for the job,” says Mani.
Avoid institutions which have:
1) No proper accreditation
2) No attendance structure
3) Website which only look good but have little substance