Saturday, August 21, 2010

BEST COLLEGES FOR MBA

This is the heart of every MBA aspirant as to which college is the best. I too was an MBA Aspirant and wished to go to the good colleges

Every one knows IIMs are synonymous to Best MBA colleges in the country. How do we judge which is the best college. We take parameters like student to teacher ratio, teacher’s qualifications, word of mouth, placements, library, environment, salary during placements, past history, No of companies visiting the campus per MBA students and so the choices are many.

We also read newspapers where we see every college is trying to make its mark in top 10 or 20 across the country. Mumbai has many good colleges, NMIMS, being the one, NITIE, for engineers etc. Other colleges throughout the country include XLRI Jamshedpur, ISB is making new noise in the media now a days after winning being the top 20 colleges across the globe. But they are not for graduates they are for experienced professionals.

IIPM is also equally roaring after they have advertisement almost every day on the newspaper, claiming to be better than IIMs and how their course produces managers high rank compared to bookish managers of IIMs. They claim that their students are more entrepreneurial. It may be true since they are showing results. Fees is another factor. Day by Day management education is becoming costlier because more and more success stories are being created by these management colleges. CEOs, CFOs, MD are more and more from these colleges. Industry is satisfied by the breed of people these colleges are producing. Also we see that managers for all strata is being produced by these colleges. As they say MBAs are prepared to meet the cut throat competition in the corporate world.

Previously it was by pragmatic approach managers learnt the intricacies of the business. But now with the advent of MBA the teaching is more structured. We must however be aware of the stark reality that all colleges are not IIMs, ISB, there are dark circles in the Management courses colleges produce. Even though some colleges boast of being as good as the top colleges by differentiating their course they still have a long way to go to prove they. The intention is there but the deliverance isn’t.

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