For the fence-sitters, who are not sure of a management degree’s value proposition yet, buy yourself a copy of “Beyond the MBA Hype” or something of that sort. Besides all these, the big question to handle is, where to go? With hundreds of management schools out there and countless spread across the globe, the panorama seems daunting, making many fumbles at this first step itself. Hence, this blog is an attempt to put some strategy into this clear madness and give you a firm ground to select best among the Top Management Institutes in India.
The usual way of selecting a Management school
Since there is no apparent structure to follow, candidates tend to fetch data available (from any sources – online, offline….) and make that as “THE” peg. For instance- if we talk about MBA, then this data would be the candidate’s CAT/XAT/MAT or GMAT score or ranking. Most aspirants while selecting colleges follow this – they decide the ranking range, look at the average GMAT, match the same with their own score and apply.
There is ‘N’ number of reasons, why this selection approach is deceptive, but we are not going into it. Let’s just jump to the points that as an aspirant, you should look for in a management college before admission. It is important to follow these points, after all, you are going to put your precious years and your family’s hard-earned money into this – every step should involve proper planning and great analysis.
Accreditation and certification of the management institute
It is mandatory for any management school to have accreditations. If you get admission to any B-school that is not certified, your degree will not have any value in the business world. In India, it is mandatory for the management schools having approval from AICTE (All India Council for Technical Education). The approved management school has to abide by certain rules laid down by the council. Also, it ought to have certain awards and recognition of his name. Having a good reputation in the market is important.
The Location and Cost
No one would like to take admission to a B-school, which is situated in a remote area. Remote areas have their own set of problems – transport, more commute time, etc. Apart from these, there can be many candidates who would prefer residential programs, as for them are commuting everyday would waste a lot of time. Similarly, students will prefer a college that has a good campus and technically equipped class-rooms. However, all these come at a price. Certain management schools charge a voluptuous fee, which not everyone can afford. Hence, it is important that you search for a B-school that is best and comes at an affordable cost.
Another important factor is the curriculum, it must be approved. Besides, having a discipline of his choice and an apt curriculum for that, the college must support the students with a well-maintained library, updated course material, credible faculty and technology. These few aspects are indispensable, with a few more crucial areas like- personality development, exposure to live programs, communication skills, a college must focus on. The main objective of a leading management school is to make future managers – solution oriented and inculcate passion and leadership qualities in them.
When senior year of college rolls around and the students are ready to apply for their preferred jobs, nothing can be more rewarding than owning hands-on, active working experiences listed on their CV. When you decide on the fact that you want to take up a management course, choose the college that offers its students with the robust programs that aid in experiential learning. Make sure you ask-
a) Does this B-school support and allow students to assist their faculty with their research?
b) Does the B-school have enough funds to support independent research?
c) Has the B-school maintained healthy relationships with corporate firms – for getting summer internships for the students?
d) Does the school have strong ex-students network that could help students get work experience in their field of study?
e) Does the school have updated course curriculum as per Industry requirement and experience faculty to cover those courses.
These were a few really crucial points to address, however, there are many more, like –
• Placement record of the management college
• Clubs and activities to match your interests
• Good health and wellness facilities
• Travel opportunities for students
• Campus safety
• Good academic support services
• Strong career services
• Good computing infrastructure
• Leadership opportunities
• Low student/faculty ratio
So, just follow your heart and tips above and you will find the Management Institutes in Delhi or at your preferred location that will fulfill your dreams.