» why mba ? "want to be an mba ?"

8/14/2019 Why MBA ? "Want to Be an MBA ?"

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Why MBA ?

"Want to be an MBA ?" This is probably one of the most hackneyed and trite

comments that the graduating youth of recent times come to face. Graduates today wantto be an MBA, but have little idea what a manager really does.

Most students are attracted to management education at top business schools because ofthe high pay packages they get at the end of it. Sure, it is a brilliant career to pursue, but

if your ultimate aim is to stuff your pockets, you might just cut a sorry figure in your

future life or, for that matter, even in your Group Discussions or your Personalinterviews.

Do you have a goal? Many students who make it to the best B-Schools do have a

purpose or a firm goal. You will be astonished to know that every year, about six toeight percent of the graduating managers from top B-Schools join startup enterprises

because of the tremendous learning opportunities that startups provide. Almost an equal

percentage of students join NGOs or social service organisations. If you know your goal,

the two year period at a B-School becomes a path to your objective and your learning ismore focused.

CAT: Some notions All of us have heard that CAT is a test of Quantitative ability and

Verbal ability. You can't really blame students for thinking so. This is because institutes

inject this thought into their minds. Moreover, students believe CAT is all about 75questions, divided into three sections to be tackled in 150 minutes. Often, we come

across examples of class toppers performing badly in CAT, while an average student in

the same class would crack CAT.

This puts forth a few questions:

1. Are B-Schools actually looking for your Quantitative and Verbal skills in the

written CAT ?

2. Are B-Schools looking for your communication skills in GDs and interviews?

If your answer to these questions is yes, it is time you snap out of your hallucination and

face reality. Most test preparatory institutes prepare you for Quantitative and Verbal

skills, but forget to put an element of stress that forms the basis of written CAT

CAT -- A few home truths For most students, GDs and interviews mean preparation

of certain macro topics and self-awareness issues. But interviewers want to know the

core of your business acumen. GDs and interviews preparation is not a 10 to 12 sessionprogramme, but a year-long process. They are more about sharpening your business

acumen. There are topics such as

Do you know something about impact of China's deliberate slowdown, on Indian

economy? Why does the Indian prime minister give top billing to infrastructure?


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What are your thoughts on the consolidation in the Indian telecom sector?

If you have an idea of the above, your preparation has direction. If not, you probably are

so engrossed in your Mathematics and English that you are ignoring the real aspects ofCAT preparation

MBA: Some facts -Just having an MBA degree will not help you. Dig into the reason

why you want to do an MBA. Discover your core skills.

If you are good at creativity and have an aptitude for advertising, an advertising

school is a better option for you than a B-School.

Don't get bogged down with the fat pay packages. Salary packages are just adirect function of economic growth. If in a particular year, there is an upward

economic swing, salary packages will shoot up. In a year of recession, even the

best B-Schools in India find it tough to place their students. Look at the

placement scenario this year. The IT and ITES companies led the fray, followed

by finance companies. Old economy companies were almost out of thereckoning. This tells us the economic growth pattern in the years to come.

Steps to become an MBA Remember, an MBA is a medium to reach your destination.

It is not the destination. The following points might help you build a strong foundationto your management career:

Set a goal for yourself.

Introspect and find out your flair.

Shortlist the B-Schools and the areas of specialization, based on your flair.

Start reading about management so as to get an edge over others.

Know how to prepare for CAT. CAT is not only about Mathematics and Verbalskills.

Introduce an element of stress and uncertainty at each and every step of your

preparation deliberately.

Learn to relax at the end of the day.

Admission Procedure MBA is a test of your attitude, aptitude and approach. The right

combination of these three is a must to get through. Prowess- the most comprehensive

program for MBA preparation.

What is the selection procedure?

Stage 1:

The Written Test - Most institutes conduct their Written Tests between November and

January. The written tests, inter alia, include the following:


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Quantitative Skills:- This section of an MBA written examination tests skill

levels of aspirants upto Higher secondary school mathematics. The favourite

topics for the paper setter in quantitative section include.

Arithmetic (Number Theory, Ratio and Proportion, TSD, Percentages,

Partnerships, Mixtures and Alligations etc.

Geometry: - Lines and Angles, Triangles, Circles, Co-Ordinate Geometry etc. Algebra :- Quadratic equations, Functions

Probability, Permutations and Combinations

Set theory, Trigonometry, Stock and Shares etc.

Verbal Ability: - This section includes Grammar, English usage, Reading

comprehension, Vocabulary and other aspects of English language

General and Business Awareness: - It includes static and current general

knowledge and business awareness. Reasoning Abilities: - This includes puzzles, critical reasoning, visual reasoning

etc.

To clear a written test a candidate should be able to maintain a proper balance betweenspeed and accuracy. There is a general belief that candidates who are able to manage theirtime will come out victorious in the 1st phase of MBA entrance. The call letter for stage 2

which involves Group Discussion and Interview is sent to students who qualify the test.

Stage 2:

The Group Discussion and Interview - This stage of the process is held betweenFebruary and March for most of the institutes. GDs and PIs are undertaken to check a

candidates personality traits. Personality traits being checked in a GD are Group

Behaviour, Awareness, Communication skills, Reasoning ability, Flexibility, Leadership,

Assertiveness, Initiative, Confidence, Creativity to name a few. An interview can bebroadly categorized into Personal Interview and Group Interview. In a Personal Interview

apart from the personality traits an interviewer or the panel is interested in knowing about

candidates academics, goals and self awareness level. In a Group Interview, apart fromthe parameters mentioned above, a candidate is also checked on his analytical ability.

Stage 3:

The Final Call: After having cleared the above two stages you will receive that all-

important Final Call letter informing you that you have been selected.Most of theinstitutes ask the candidates to pay the first installment of the course within 30 days of the

date of the call.

MBA Entrance Exams National Level Tests

S.No.Entrance

ExamInstitute Eligibility

Tentative

MonthWebsite

1 CATIndian Instituteof

Management

50% inGraduation

November www.catiim.in
http://www.catiim.in/http://www.catiim.in/


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2 IRMA

Institute of

Rural

ManagementAnand

50% in

GraduationNovember www.irma.ac.in

3 IIFT

Indian Institute

of ForeignTrade

50% in

Graduation November www.iift.edu

4 MAT

All India

Management

Association

Graduation in any

Discipline

September,

December,

February &May

www.aima-ind.org

5 JMETIndian Institute

of technology

Every IIT has

different

eligibility

December www.iitkgp.ernet.in

6 SNAP

Symbiosis

InternationalUniversity

50% in

graduation(regulardegree) December www.snaptest.org

7 IBSAT ICFAI50% inGraduation

December www.ibsat.org

8 NMAT NMIMS50% in

GraduationDecember www.nmims.edu

9 XATXLRI,Jamshedpur

50% inGraduation

January www.xlri.ac.in

10 FMS

Faculty

Management

Studies, NewDelhi

Different for

different FieldJanuary www.fms.edu

11 TISS

Tata Institute

of SocailSciences

Graduation in any

DisciplineJanuary www.tiss.edu

12 ATMA

Association of

Indian

ManagementStudies

50% in

GraduationFebruary www.atma-aims.org

State Level Tests

S.No.Entrance

ExamInstitute Eligibility

Tentative

MonthWebsite

1MAH-

CET

Directorate of

Technical

Education,Maharashtra State

45% in

Graduation

in anydiscipline

February/March www.dte.org.in

2 CUSAT Cochin University

of Science and

Graduation

in any

June www.cusat.nic.in
http://www.irma.ac.in/http://www.iift.edu/http://www.aima-ind.org/http://www.iitkgp.ernet.in/http://www.snaptest.org/http://www.ibsat.org/http://www.nmims.edu/http://www.xlri.ac.in/http://www.fms.edu/http://www.tiss.edu/http://www.atma-aims.org/http://www.dte.org.in/http://www.cusat.nic.in/http://www.irma.ac.in/http://www.iift.edu/http://www.aima-ind.org/http://www.iitkgp.ernet.in/http://www.snaptest.org/http://www.ibsat.org/http://www.nmims.edu/http://www.xlri.ac.in/http://www.fms.edu/http://www.tiss.edu/http://www.atma-aims.org/http://www.dte.org.in/http://www.cusat.nic.in/


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Technology Discipline

3PAM-CAT

GNDU,

Amritsar / PTU,Jalandhar /

Punjbai

University, Patiala

Graduationin any

Discipline

June/Julywww.gndu.ac.inwww.punjabiuniversity.ac.in

www.ptu.ac.in

4 MET-MP

MADHYAPRADESH

PROFESSIONAL

EXAMINATIONBOARD

50% in

GraduationJuly www.vyapam.nic.in/

5 TANCETAnna University,

Chennai

Graduation

in any

Discipline

May www.annauniv.edu/

6 OCET PunjabUniversity,

Chandigarh

Different

Eligibilityfor

Differentcourse

June www.puchd.ac.in

7 UP-SEEUP TechnicalUniversity

45% in

Graduationin any

discipline

April www.uptu.nic.in

8OrissaJEE

Orissa JEE

Graduation

in anyDiscipline

May www.jeeorissa.com

9 GCET

GujaratSecondary and

Higher SecondaryEducation Board

50% in

GraduationJuly -

10 KMAT

KARNATAKA

PRIVATE POST-GRADUATE

COLLEGES'

ASSOCIATION

Graduationin any

Discipline

July www.kmat-2008.com

11 RMATRajasthanTechnical

University

50% in

GraduationJune www.rtu.ac.in/rmat/

12 UPMCAT

Uttar Pradesh

TechnicalUniversity

Graduation

in anyDiscipline

May -

B - Schools Profiles
http://www.gndu.ac.in/http://www.punjabiuniversity.ac.in/http://www.ptu.ac.in/http://www.vyapam.nic.in/http://www.annauniv.edu/http://www.puchd.ac.in/http://www.uptu.nic.in/http://www.jeeorissa.com/http://www.kmat-2008.com/http://www.rtu.ac.in/rmat/http://www.gndu.ac.in/http://www.punjabiuniversity.ac.in/http://www.ptu.ac.in/http://www.vyapam.nic.in/http://www.annauniv.edu/http://www.puchd.ac.in/http://www.uptu.nic.in/http://www.jeeorissa.com/http://www.kmat-2008.com/http://www.rtu.ac.in/rmat/


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No. B - school Name Profile

1 Indian Institute of Management, Ahmedabad PROFILE

2 Indian Institute of Management, Bangalore PROFILE

3 Indian Institute of Management, Calcutta PROFILE

4 Indian Institute of Management, Lucknow PROFILE

5 SP Jain Institute of Management and Research, Mumbai PROFILE

6 Indian Institute of Management, Indore PROFILE

7 Faculty of Management Studies, New Delhi PROFILE

8 Indian Institute of Mangement, Kozhikode PROFILE

9 Jamnalal Bajaj Institute of Management Studies, Mumbai PROFILE

10 Indian Institute of Foreign Trade, New Delhi PROFILE

11 Management Development Institute, Gurgaon PROFILE

12 National institute of Industrial Engineering, Mumbai PROFILE

13 Institute of Rural Management, Anand PROFILE

14 Xavier Institute of Management, Bhubaneshwar PROFILE

15 Department of Management Studies, IIT Delhi PROFILE

16 Symbiosis Institute of Business Management, Pune PROFILE

17 Institute of Management Technology, Ghaziabad PROFILE

18 Mudra Institute of Communication, Ahmedabad PROFILE

19 Narsee Monjee Institute of Management Studies, Mumbai PROFILE

20 Goa Institute of Management, Goa PROFILE



1 International Management Institute, New Delhi PROFILE

2 FORE School of Management, New Delhi PROFILE

3 T.A. Pai Management Institute, Manipal PROFILE

4 ICFAI School of Finance & Management, Hyderabad PROFILE

5 Indian Institute of Technology, Roorkee PROFILE

6 Symbiosis Center for Management & HRD, Pune PROFILE

7 Tata Institute of Social Sciences, Mumbai PROFILE8 University Business School, Chandigarh (UBS) PROFILE

9 NIRMA Institute of Management PROFILE

10 Institute of Management Studies, Indore (IMS) PROFILE

11 Symbiosis Institute of International Business (SIIB) PROFILE

12 Symbiosis Institute of Telecom Management (SITM) PROFILE

13 Birla Institute of Management Technology (BIMTech) PROFILE
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ww.iimcal.ac.in/http://www.tcyonline.com/mba/bschoolinfo.php?view_profile_=43&key_=Indian%20Institute%20of%20Management,%20Calcuttahttp://www.iiml.ac.in/http://www.tcyonline.com/mba/bschoolinfo.php?view_profile_=42&key_=Indian%20Institute%20of%20Management,%20Lucknowhttp://www.spjimr.org/http://www.tcyonline.com/mba/bschoolinfo.php?view_profile_=41&key_=SP%20Jain%20Institute%20of%20Management%20and%20Research,%20Mumbaihttp://www.iimidr.ac.in/http://www.tcyonline.com/mba/bschoolinfo.php?view_profile_=40&key_=Indian%20Institute%20of%20Management,%20Indorehttp://www.fms.edu/http://www.tcyonline.com/mba/bschoolinfo.php?view_profile_=39&key_=Faculty%20of%20Management%20Studies,%20New%20Delhihttp://www.iimk.ac.in/http://www.tcyonline.com/mba/bschoolinfo.php?view_profile_=38&key_=Indian%20Institute%20of%20Mangement,%20Kozhikodehttp://www.jbims.edu/http://www.tcyonline.com/mba/bschoolinfo.php?view_profile_=37&key_=Jamnalal%20Bajaj%20Institute%20of%20Management%20Studies,%20Mumbaihttp://www.icfai.org/http://www.tcyonline.com/mba/bschoolinfo.php?view_profile_=36&key_=Indian%20Institute%20of%20Foreign%20Trade,%20New%20Delhihttp://www.mdi.ac.in/http://www.tcyonline.com/mba/bschoolinfo.php?view_profile_=35&key_=Management%20Development%20Institute,%20Gurgaonhttp://www.nitie.edu/http://www.tcyonline.com/mba/bschoolinfo.php?view_profile_=34&key_=National%20institute%20of%20Industrial%20Engineering,%20Mumbaihttp://www.irma.ac.in/http://www.tcyonline.com/mba/bschoolinfo.php?view_profile_=33&key_=Institute%20of%20Rural%20Management,%20Anandhttp://www.ximb.ac.in/http://www.tcyonline.com/mba/bschoolinfo.php?view_profile_=32&key_=Xavier%20Institute%20of%20Management,%20Bhubaneshwarhttp://www.iitd.ac.in/http://www.tcyonline.com/mba/bschoolinfo.php?view_profile_=31&key_=Department%20of%20Management%20Studies,%20IIT%20Delhihttp://www.sibm.edu/http://www.tcyonline.com/mba/bschoolinfo.php?view_profile_=30&key_=Symbiosis%20Institute%20of%20Business%20Management,%20Punehttp://www.imt.edu/http://www.tcyonline.com/mba/bschoolinfo.php?view_profile_=29&key_=Institute%20of%20Management%20Technology,%20Ghaziabadhttp://www.mica-india.net/http://www.tcyonline.com/mba/bschoolinfo.php?view_profile_=28&key_=Mudra%20Institute%20of%20Communication,%20Ahmedabadhttp://www.nmims.edu/http://www.tcyonline.com/mba/bschoolinfo.php?view_profile_=27&key_=Narsee%20Monjee%20Institute%20of%20Management%20Studies,%20Mumbaihttp://www.gim.ac.in/http://www.tcyonline.com/mba/bschoolinfo.php?view_profile_=26&key_=Goa%20Institute%20of%20Management,%20Goahttp://www.imi.edu/imi/http://www.tcyonline.com/mba/bschoolinfo.php?view_profile_=25&key_=International%20Management%20Institute,%20New%20Delhihttp://www.fsm.ac.in/http://www.tcyonline.com/mba/bschoolinfo.php?view_profile_=24&key_=FORE%20School%20of%20Management,%20New%20Delhihttp://www.tapmi.org/http://www.tcyonline.com/mba/bschoolinfo.php?view_profile_=23&key_=T.A.%20Pai%20Management%20Institute,%20Manipalhttp://www.icfai.org/http://www.tcyonline.com/mba/bschoolinfo.php?view_profile_=22&key_=ICFAI%20School%20of%20Finance%20&%20Management,%20Hyderabadhttp://www.iitr.ernet.in/http://www.tcyonline.com/mba/bschoolinfo.php?view_profile_=21&key_=Indian%20Institute%20of%20Technology,%20Roorkeehttp://www.scmhrd.edu/http://www.tcyonline.com/mba/bschoolinfo.php?view_profile_=20&key_=Symbiosis%20Center%20for%20Management%20&%20HRD,%20Punehttp://www.tiss.edu/http://www.tcyonline.com/mba/bschoolinfo.php?view_profile_=19&key_=Tata%20Institute%20of%20Social%20Sciences,%20Mumbaihttp://www.ubschandigarh.org/http://www.tcyonline.com/mba/bschoolinfo.php?view_profile_=18&key_=University%20Business%20School,%20Chandigarh%20(UBS)http://www.nim.ac.in/http://www.tcyonline.com/mba/bschoolinfo.php?view_profile_=17&key_=NIRMA%20Institute%20of%20Managementhttp://www.imsdavv.edu/http://www.tcyonline.com/mba/bschoolinfo.php?view_profile_=16&key_=Institute%20of%20Management%20Studies,%20Indore%20(IMS)http://www.siib.ac.in/http://www.tcyonline.com/mba/bschoolinfo.php?view_profile_=15&key_=Symbiosis%20Institute%20of%20International%20Business%20(SIIB)http://www.tcyonline.com/mba/www.symbiosistelecom.comhttp://www.tcyonline.com/mba/bschoolinfo.php?view_profile_=14&key_=Symbiosis%20Institute%20of%20Telecom%20Management%20(SITM)http://www.bimtech.ac.in/http://www.tcyonline.com/mba/bschoolinfo.php?view_profile_=13&key_=Birla%20Institute%20of%20Management%20Technology%20(BIMTech)


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14 Lal Bahadur Shastri Institute of Management, New Delhi PROFILE

15 Bharthidasan Institute of Management, Tiruchirapalli PROFILE

16 Prin L N Welingkar Institute of Management & Research PROFILE

17 Indian Institute of Forest Management PROFILE

18 Master of Finance & Control, Delhi University PROFILE19 K. J. Somaiya Institute of Management Studies & Research PROFILE

20 Vinod Gupta School of Managem (IIT Kharagpur) PROFILE



1 National Institute of Fashion Technology PROFILE

2 Indian Institute of Social Welfare & Business Management PROFILE

3 Institute of Management Development and Research PROFILE

Ideal Candidate for a B-School

MBA is among the most pursued post graduation options in India. Partly responsible for

this is the fact that the Indian Institutes ofManagement (IIMs A, B, C, L, I, K)along

with other institutes like S.P.Jain, MDI, JBIMS, XLRI etc. have set extremely high

standards for management education in India. As a result of this, Multi NationalCorporations (MNCs) operating in India has never had the need to look for talent

elsewhere. They have been the regular visitors to the campuses of the top B-schools, and

have offered managerial designations coupled with sky rocketing pay packages to thegraduates of these B-Schools. The average salary offered at the top 10 B-schools last

year for Indian postings was Rs. 6-7.5 lacs per annum.

Characteristics of ideal B-School candidates:

1. People with a Plan

Business school isnt for the clueless; it isnt meant to be a two-year placeholder in your

middle or late 20s. Business schools look for people with a career plan that includes a

legitimate need for an MBAso even though its okay to go to B-school without beingsure what you want to do with your life, you should think about possible career goals,

and whether attainment of them would be made easier with an MBA, before applying.

2. Leaders and would-Be Leaders

The MBA is not essential for a leadership role in businessplenty of top executives gotwhere they are by moving up through the ranksbut business school can be a great

weigh station on the road to a leadership-oriented career.

By the time you graduate, youd have spent thousands of hours in class or on group

projects reading about, thinking about, and talking about a wide variety of businesses.
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As a result, youll be better equipped than ever to make high-level business decisions.

And youll probably spend some time studying softer, people-focused coursework and

projects, which will give you tools that will help you manage people in the pursuit of

business goals.

3. Career Changers

In business school, youll get a chance to think through a wide range of business

problems in a wide range of industries. Youll gain the skills needed to perform a variety

of specific job functions. Having an MBA can make you attractive to a range ofemployers no matter what industry you worked in before B-school.

How to select a B School

There are 1000-plus B-schools in India and half a dozen rankings to boot;

notwithstanding the numerous claims and counter-claims in the print and/or electronicmedia. All of these seem to be true at first sight but it really is a Hobson's choice to

decide which one to select and which one to prune out from the wannabe list. Followingis an exhaustive list of governing parameters in order of importance, for a student to

decide the B-school best suited to his/her interests and competence. The governing

parameters have been grouped as PRIMARY and SECONDARY:

Primary Parameters

1. Industry Interface2. Pedagogy and Strength of course

3. Faculty

4. Alumni Strength5. Specialized B-schools

6. Placements

7. Infrastructure

8. Research Excellence Vs AcademicExcellence

Secondary Parameters

1. Degree Vs Diploma2. Boarding Vs Day School

Programme

3. Global affiliations andaccreditations

4. Fee Structure

5. Location

6. Timing of entrance examination

PRIMARY PARAMETERS

Industry Interface:

The interface that the B-school has, in terms of quality of the companies visiting thecampus, the quality of projects, guest lectures, visiting faculty et el gives an idea of the

kind of rapport the institute has built up for itself in the industry. This strong linkage is

developed and maintained by both the Training and Placement Departments, along withthe active participation of the students. The data, about the companies visiting the

campuses for summer or other contact programmes, is available in the curriculum

details.


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Pedagogy and Strength of course:

Some courses have become synonymous with the very best in the world. For instance

IIM-A started with the active participation of Harvard & IIT-Bombay has incorporatedthe course of Sloan School of Management. Not just the course but the unique pedagogy

through which the course is administered also plays a very important part in thedevelopment of the future manager. For example, IIM-A administers most of the part

through case-studies whereas experiential learning is the norm at FMS, Delhi.

Faculty:

The vision and excellence of the faculty not just in terms of academic qualification but

also in researches carried out, papers published, projects undertaken, and the first handexperience of the practicability of solutions juxtaposed with the experience of having

done the real thing through the students makes for real learning. These details can be

readily sourced from the website and/or the brochure of the institute. While considering

faculty, one has to look for the number of permanent faculty, the experience of faculty ,

their experience, and their business knowledge.

Alumni Strength:

The positions occupied in the echelons of management in the corporate world by the

alumni give an ample evidence of the locus standi of the school. This goodwill orconfidence gets translated into better placements. One can get a general idea, based on

the year of establishment of the school. Generally, the older the school, the larger and

probably the more distinguished is its alumni strength. The information about alumni isreadily available on the websites, brochures, or generally in the alumni databases

managed by al coms (alumni committees).

Specialized B-schools:A student's interest in a particular field or subject is a vital ingredient in the choice of aB-school. Some schools have become synonymous with one of the specializations they

offer. For example, XLRI and TISS are well known for Human Resources, MICA for

Advertising, IIFT for Foreign Trade, IRMA for Rural Management, IIFM for ForestManagement, NITIE for Industrial Management, etc. One needs to choose the course

according to one's own inclinations.

Placements:

B-school placements are looked at with awe and expectation by the aspiring studentsyear after year. It includes the number of companies that visited the campus, average

salary packages offered by them, quality of the companies, the average number of jobsoffered by the companies, and the number of overseas placements. Yet despite this beinga significant factor, it is itself dependent on the interplay of a host of other parameters at

work and should not be viewed in isolation. Secondly, one should do a careful analysis

of at least past two to three years of placements to get a realistic picture.

Infrastructure:

The presence of adequate and state-of-the-art infrastructure is an important determinant


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Timing of Entrance Examination:

Exams like CET Maharashtra (for institutes like JBIMS, Sydenham, etc.) and admission

procedure by institutes like Tata Institute of Social Sciences are conducted in June, bywhich time most of the schools have come out with their final lists and have even asked

to pay part fee in some cases. Even though the programmes, say by TISS, are excellent,a student may not be motivated enough to go through the process again. So the time is

important.

Location:

This may turn out to be an important factor in case of a new school. An HR manger

would think twice before devoting two-days to visit a B-school in a not-so-well-connected place. On the other hand, new B-schools may get a look in if they are located

in metros or industry-centric areas. This factor becomes redundant with time as the

school builds up its reputation. Hence, even a seemingly simple decision to select a B-

school requires a lot of research to come to the final conclusion. This would give you

valuable insights not only on the distinctive fabric of a B-school but also would help youfind the best place

» why mba ? "want to be an mba ?"

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