Choose the right B-school   Leave a comment


A list of factors you should evaluate before you zero in on a B-school

The answer to the question ‘What should you consider while deciding on a B-school admission’is not known to many aspirants and parents.There are over 4000+ B-schools in India.How does one select a good B-school Which Bschool to select This is a dilemma for students as well as parents.In such a scenario students must look for certain parameters which differentiates institutions in a crowded market.The success of a student depends largely on what the B-school gives that student in terms of qualitative and practical education.To decide whether a B-school will really make you successful depends upon some parameters.Broadly,there are 5 parameters viz,Leadership,Academic Structure,Corporate Interface,Placements and Alumni.

LEADERSHIP

Analysing who are the people behind the Bschool or who is heading the B-school,is one of the foremost parameters to look at.One should analyse: Who is the director of the institute,what kind of leadership he/she has provided to the Institute How long he has been at the helm What kind of achievement records he has produced during his tenure Has he built a very sound relationship with all the stakeholders (corporates,faculties,alumni) Has he created a learning environment in the institution Which are the innovative practices he has introduced Whether the policy he has created is student centric Does he exhibit a caring attitude towards students and want to create conducive environment for generating ideas Answers to these questions are good indicators to decide on the strength of the institute amongst the rest.The director’s style and vision will always decide the fate and the future of that institution.A leadership quality of the director is a critical factor in the progress of the institution and particularly his approach towards student community.

ACADEMIC STRUCTURE

Institutions affiliated to universities are required to follow the same curriculum.If we survey the top 100 B schools,90% of the subjects are the same.So how do you judge a B-school on the basis of its programme and academic structure Unfortunately most of the faculty members are after building their teaching skills without bothering about the learning part of it.Only when the faculty focuses on learning aspect of the academics the weaker student in the class will feel comfortable and start understanding the subject.This process is very critical to the success of the B School.

Find out:

What kind of innovation the institution has brought in the teaching methodology Whether the faculty members function as a facilitator to the learning process or always in a great hurry to complete the syllabus What kind of the reforms the institution has brought in the examination system Or is it following the system of ‘memorising and reproducing in exams without any understanding’ The student and parents should not just look at the subjects offered by the institution but go beyond and try to get the answers to the above questions.In today’s competitive world the knowledge factor is critical in the student’s career.An institute that has all the processes in place to enhance the knowledge base of students is on the right track.

CORPORATE INTERFACE

Corporate Interface of the institution does not mean merely organising guest lectures,workshops or seminar in an academic year.Following questions need to be asked to assess the quality and depth of the corporate interface of any B School: What kind of methodology they follow for building and sustaining the relationship with corporate on long term basis What is the vision the institution has for the corporate community Whether the institution is conducting MDPs on regular basis Whether corporates are approaching the institution for repeat MDP Whether faculty members are involved in consulting Whether corporate are considering the students of the institution for live projects / research projects Whether faculty members are regularly meeting the corporates and conducting sessions for their employees Answers to these questions will indicate the level and quality of an institute’s corporate interface.

PLACEMENT

Do not go by the slogan’100% placements’.Percentage is not as important as quality of job and future career growth.This type of information is not available in the prospectus or on the website.However the students can obtain this information from the past students of the institution.An institute’s stature amongst corporates is judged on the quality and profile of the job offered at the campus and the students’ contribution to their business.The standing of the alumni’s in the world of Business and Industry is also one of the criteria of the quality of placements.What kind of attention and importance corporate give’s to the students at various platforms is also an important indicator of the quality of placements Placement record of the institution is important but more than that student’s contribution to the corporate community in the long term is of high significance.

ALUMNI

For any B-school,alumni are one of the major stakeholders.Their stature and contribution to the corporate community is an indicator of the standing of the institution in the world of Business and Industry.The key aspect is whether alumni are seen as an ambassador of the institution or not.Hence it is vital that institute’s academic policy and processes mould students as an ambassador when they get placed.Most B-schools now organise alumni meets regularly.However,that should not be the only activity for reaching out to the alumni.Find out: What kind of support the institute provides to the alumni around the year Whether alumni’s are involved in the academic policy making of the institution Whether alumni take part in building the academic standards of the institution Are they investing time in mentoring the current students Is the Institute showing caring attitude to the students immediately after they leave the institute on completion of their academic course The growth of any institute’s image and prestige in the business community is directly related to the growth of the alumni in their business careers.The above five basic parameters are good indicators to consider while deciding on a Bschool.

EVALUATING A BUSINESS SCHOOL

Read though their websites or promotional material,or use the tools on this site to browse through business schools,read about their programmes,and request information Visit the B-school Experience the classroom by attending one lecture Talk with current students and faculty Talk with graduates of the school Talk to corporates,or read through their websites to find out what business schools and what types of programmes they tend to hire from Look over the curriculum of the programme you’re interested in,and then consult the school’s catalogue to study the relevant course descriptions 

RANKING PARAMETERS

Business schools are ranked against the following broad parameters : Intellectual capital / academic excellence Placement performance Infrastructure / facilities Industry interface International linkages Selection process Personality development 

RECOGNITION

You will note that in the above parameters of B-school ranking,there is no consideration given to the name of the course,recognition (from State/Central Govt) of the course.Is the course recognised – is one of the most frequently asked questions from the aspirants.Considering all the above parameters which go into the ranking of a Bschool and the success of an institute,recognition (from State/Central Govt Body) is not considered at all.

The reason being if the course is recognised,it does not mean that it will make your career successful,it does not mean that you will have 100% placements,it does not mean that you will get a job of your choice,it does not give any assurance of any kind for your career and growth.

It is important to note that the ranking parameters do no consider the name of the course,recognition given to a course,etc.This is because many top B-schools began as autonomous institutes but went on to become deemed universities on the basis of their quality of education,leadership and also because they performed well on the basis of the parameters listed.

Do not rely on recognition alone while choosing a B-school.Rather,do your research based on the parameters listed here,which actually make a B-school successful and ultimately,its students too.

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Posted August 26, 2013 by avinash2060 in Education

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