Choosing a B-School can be a strenuous task. We dig out some of the important attributes that you must consider while picking one.
Considering the growing demand for business school graduates in the job market, management has become one of the most lucrative and coveted career options in India. The recent surge in demand for management education is the reason we are witnessing an increasing number of business schools being established across India every year.
Once you decide to take up a management course, the tough part will begin when you will have to choose a college. The right college not only puts you on the right career path but also helps shape your character, thoughts, confidence and belief that can lead to a successful professional life.
There are more than a thousand business schools (and continue to mushroom) offering management courses in India that will help build a new manager/entrepreneur in you. However, there are important parameters that need to be kept in mind while choosing the right b-school.
How to Choose the Right B-School?
It is imperative to look for an institute approved by the All India Council for Technical Education (AICTE). Furthermore, institutions either are affiliated to a university or have an autonomous status. It indicates the validation of a college for higher learning. A review board sets the standards for accreditation. Accreditations are important because, they are an assurance of receiving quality education, they create goals for institutional self-improvement and help in determining the validity of programmes offered by the institute. Make sure that the business schools you shortlist are well approved by AICTE and accreditated by agencies including NBA National Accreditation, SAQS International Accreditation and others.
One of the most important parameters in finding the right business school is its faculty. It is essential to check whether the business school in question has sufficient full-time, well-qualified faculty. You need to figure out the ratio between guest/visiting and permanent faculty; do some research on the visiting faculty and find out if there are teachers from around the globe visiting the campus. Teachers help you recognize your passion and lead you towards making a successful career. Apart from emphasizing on the application of theory, a good faculty will introduce you to real issues in the business world.
The values and behaviors imbibed in a student speak volumes about the college. The social environment created for a student by the campus is directly proportional to a positive outlook of a student towards his/her career. The campus culture will make or break your academic as well as social experience. It is a primary responsibility of the college to keep a healthy and interactive environment. Therefore, it is imperative to find out the culture of the college to lead a successful academic journey.
After a hefty investment, can the business school generate employability and ensure a great career for its students? To ensure this, check the placement records of the B-School, profiles of the companies that recruit, salary packages and sectors of recruitment. If you are interested in a particular field, say marketing or finance, ensure that sufficient number of reputed companies have visited the campus and recruited students from these fields in the past.
Does the institute have international exchange programmes? Does it have any international linkage to ensure students a chance to spread overseas? International exposure will help you provide the right platform to kick-start your career in management.
An internship and an apprenticeship in a reputed firm can prove to be an advantage in a student’s career foundation. College is responsible for providing industry exposure to students according to their interest and caliber. Hands on experience are much better than theoretical study. Check whether the business school provides internships and apprenticeships in reputed companies. It must have a good number of industry partnerships and tie-ups with reputed firms. These internships will help you obtain jobs in your desired field.
Infrastructure plays a vital role in deciding a b-school. It is not just about a fancy building but the facilities it provides. It must have a library with a sufficient number of books/journals/newspapers and especially a digital library to enhance knowledge. It should also include well-equipped labs, cafeteria, Wi-Fi, digitized classrooms, hostels and others. The campus should be student-friendly and have a decent ambience to make learning a facile journey
An expensive college does not mean an exceptional quality of education in a b-school. It is imperative to decide a budget that you would be comfortable with, be it an education loan or cash payment. Just because it is an expensive affair, you must not go overboard with the designated budget.
Is the particular b-school focusing on classroom learning or beyond? Is it also focusing on the overall development of a student? Does it encourage sports and extracurricular activities? Does the college ensure personality development before stepping in the corporate world? All these questions cater to a holistic development of a student. Make sure you are able to identify all features in a b-school that will not only help you academically but also help you grow as a person.
Choosing the right B-school is an important decision, hence, you must consider these parameters to ensure growth. Take time, do some extensive research, contemplate all possibilities and decide which will ultimately be your ladder to success!