Smaraki Pattanayak from Asian School of Business Management on choosing the right business school and more...
With hundreds of business schools mushrooming globally, choosing the one that fits your requirement is not an easy job. MBA/PGDM is a serious investment of time, energy and money. An individual who is thinking of taking up such a course must ensure that he/she selects a programme and institute that provides value for money. While a student can take this decision keeping in mind parameters like campus culture, faculty base, placements, etc., checking whether or not the institute is recognized and approved by AICTE (the Apex Body of Government of India) is also an important factor.
Also, to lead an organization in this ever changing and dynamic competitive business environment is not just a huge responsibility but a job that needs expertise. Therefore, an MBA programme should not only be proficient in imbibing the required hard skills to wrestle and countenance these challenges but also open ways to brighten one’s professional vocation.
Let us now check out the basic things one should keep in mind when choosing a business school:
1. Campus culture
It is invariably a very important criterion to look for an organizational/institutional culture, which encompasses values and behaviors that contribute to the social environment and social life of a student.
2. Human capital
The teachers, faculties generate sufficient scope for students to find and recognize their talent and help them carve a niche. A MBA faculty should not only be very strong academically and on the subject matter but also have industry experience to be able to substantiate concepts with real life industry experience. They should be able to provide an industry-academia interface to the students to help them learn better.
3. Power of Transformation
Further, it is very rightly said that “Readers are plentiful but Thinkers are rare”. Hence, an MBA college should be able to encourage and develop students from being mere imitators to initiators.
Now you join a post graduation program ultimately to get a job in real frank terms but how far a MBA/PGDM institution is able to generate employability in the students and is able to provide the students with jobs that only suit them but also help them grow in their career is the next big question. The previous placement record can be an indicative tool to judge the institute’s placement abilities.
5. Holistic Development
The students should be provided with various platforms to unveil and showcase their talent. Round the year co-curricular and extracurricular activities should be calendared. Events like symposiums, colloquiums, seminars, Paper presentation sessions along with personality development sessions should be emphasized and form a part of every MBA/PGDM institution in order to give a holistic development.
Furthermore a well operational library is a vital prerequisite for an educational institution imparting management education as it forms the support system in favor of an effectual yet proficient academic milieu. The provision of pivotal books, national and international journals both by print and electronic is indispensable.
Again MBA/PGDM accreditations provide guidelines for picking some of the best Business schools in the world and yet can be an important criterion for a student to judge an institute on the basis of the accreditations bagged by an institute. Accreditation is a process of validation in which colleges, universities and other institutions of higher learning are evaluated. The standards for accreditation are set by a peer review board whose members include faculty from various accredited colleges and universities. If an institution has accreditations a student has some assurance of receiving a quality education and gaining recognition by other colleges and by employers of the course credits and degrees earned. Some of the accreditations can be NBA National accreditation, SAQS International accreditation etc.
A man without a vision for his future, always returns to his past And it is not unknown to us that past is the point of no return. It is therefore, advisable to think and explore before taking a decision that is going to cost you not less than your entire career.
Written by Smaraki Pattanayak
Asian School of Business Management, Bhubaneshwar