Mater of Business Administration (MBA) Degree.
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.
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| Master of Business Administration (MBA) Degree. |
Here are a few factors that you must evaluate:
Credibility
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.
Faculty
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.
Curriculum
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.”
Placements
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
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