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Checklist: How to Choose a Right MBA College for Your Successful Career in Management?

Author: BGU Category: General Date: 13 Jul 2021

Earning an MBA can open doorways to employment opportunities in almost every sector, from finance to logistics. Yet, getting a job after graduation isn't always a foregone conclusion. Before finishing their program, students must make sure to align their educational curriculum to their future professional interests.

MBAs have a promising future as their income structure from the preliminary level in their profession is far higher than normal Masters Students. Reaching management positions becomes smooth with an MBA degree on your resume. With an MBA degree, a student's scope of networking enhances. It starts with their immediate professors, teachers and instructors moving directly to ability employers, commercial enterprise associates, colleagues moving directly to commercial enterprise companions and collaborators at the final stage. As a professional course, MBA leaves scope for a scholar to not only benefit expertise but additionally get acquainted with the enterprise standards in terms of communication and moves.

Checklist to Choose Right MBA College

 It is well-known that an MBA advantages the aspirant only if it is pursued from a top b-school. However, what constitutes 'top' varies among humans and between years.

College students need to consider the key parameters for the selection of b-schools. Students have to compare the overall performance of the b-colleges on these parameters and make a shortlist of suitable colleges.

Management Goal - Why do you want to do an MBA?

The first question should always be why do you wish to pursue the course. There can be various reasons as to why a candidate wishes to get an MBA, it might be to excel in a particular field or to enhance their qualifications, etc. The basic reason lets the user know their key requirements. The career opportunities that an MBA provides in the short-term and long-term, the speed of growth that it offers, the variety of roles that one can get into etc. should be the main reasons for doing an MBA.

Make a List

A student must do the necessary research before opting for an institution to pursue the course. They should make a list of the following parameters to decide which institute suits them the best.

Ranking - Measure the credibility of the institute

MBA College Rankings assist you to make a decision on which MBA College or MBA program you must apply when there are some alternatives available to you. The credibility and track file of the ranking is most essential to get dependable guidance. Only some institutes have accurate credibility. One should check if the institute has been certified by the recognized government bodies like University Grant Commission (U.G.C.) or the All India Council for Technical Education (AICTE).

Alumni - Alumni Network

The older the university, the better is its alumni base that leads to a better career path with the help of the worldwide community of its old students. The legacy not only reflects its position on a placement year after year but also proves the sustainability and growth of the institute over a duration of time. The learning experience from properly learned and experienced faculty is another gain that scholars of an older university get according to changing marketplace trends.

Return on Investment

The RoI (Return on Investment) should be taken into consideration carefully, specifically while the fee level is high. This might imply that until a pupil receives a pay package of a certain value, the fee expense does not make much financial sense. The RoI turns into a great factor as one moves down the listing of universities.

Placements and Internships

Another vital factor to keep in mind is to check the type of internships the MBA institutes offer. A suitable internship could be very beneficial for the MBA college students and gives college students a chance to interact with folks that are already doing realistic work and additionally help them to benefit from an understanding of the corporate work culture together with the improvement of work competencies and ethics.  Also, a good placement record is a must. The placements help the graduate get a head start if they get recruited by a prestigious company from the college itself.

Faculty of MBA College

An appropriate MBA university will always have a learning technique that is scholar-centric and not instructor-centric. Identifying the scholar’s strength and developing the vulnerable factors of the scholar has to be the goal of the academics of the MBA institute. The faculty must be greater than a teacher who evokes the scholars closer to the success and boom of their career. Therefore, always select an MBA university that has properly qualified professors with excellent experience and educational background. Lecturers must put extra effort to interact with the MBA students and encourage them. They have to use present-day techniques for teaching just like the net and must be tech-savvy.

MBA Specialization / Curriculum

Many pinnacle MBA colleges offer General MBA and only a few specialized MBA programs while many different MBA faculties provide specialized MBA programs also, like MBA Finance, MBA Rural Management among others. The preference must be made earlier than taking admission. Also, while deciding on a good MBA university, a scholar ought to always examine how the university syllabus adds to his competencies and capabilities and how more projects, workshops are organized and arranged throughout the course.

Additional Relevant Certifications & Programs

National and International Accreditations offered to the university reflect the quality of education inclusive of curriculum as per Global standard and enterprise requirement, pedagogy, high quality of faculty and research, facilities at the institute which can be outstanding parameters to choose the best MBA college.

Industry Linkage - Industrial Tour

An excellent university has good industrial links and it allows its students to get industry exposure by organizing timely industry tours. The industry linkages of the university, its tie-ups with reputed organizations also matter at the time of placements. It impacts both, the quality of placement offers and the competencies of the graduate.

Fee Structure

The fee isn't always a direct indicator of the quality of a b-school. One ought to not rate a school excessive simply due to its charge nor should one trash a faculty completely due to it. Many pinnacle colleges charge a quite excessive fee of around 20 lakhs while some pinnacle colleges fee as little as three lakhs. As fee can't be an unbiased parameter to assess a university, it ought to be used alongside parameters like placement and brand value of the B-school.

Location of the B-school

There can be an excellent college in a relatively inferior place or vice versa. However, do keep in mind that location performs a role in attracting faculty and industry (for placements) to the campus. Location desire needs to be exercised, in case you do not get admission to one of the pinnacle MBA colleges. If the MBA university is positioned in or close to a commercial hub with excessive career potentialities like Delhi NCR, Bangalore, Mumbai, you can choose the best available MBA university in the city as per your eligibility for admission.

Infrastructure

The quality of college and the infrastructure are critical elements to be taken into consideration while comparing a b-school. A good management institute is meant to have good, properly equipped classrooms, a library, an auditorium, residential accommodation for the scholars on campus that allows you to make the best use of the library, and labs.

College Environment

There is no point running for the brand, but choose the one B-school where you could expand your wings not looking at your average scores but making it large in an amazing learning environment. The college environment shapes you as a person. The college environment must be culturally diverse, social and focused on learning. There should be the coexistence of academics and socio-curricular activities.

International Exposure

Birla Global University has an internal hand-on industry training approach for all MBA aspirants. BGU also provides international placement drives that give aspirants a promising international exposure. Regular interaction with industry stalwarts all across the globe keeps the aspirants updated with the global trends of the industry. Students get a chance to learn through compulsory foreign language module.

Closing

Therefore, it is of utmost importance that a candidate does good research before getting into a college to pursue MBA. One must keep in mind all the above parameters before finalizing any college. After all, the institute has a great impact in shaping your future.

At Birla global University, all these factors are met. The university offers 2-year MBA program with a variety of special offers and the faculty is focused on students’ growth and development by a student-friendly curriculum. The students get the opportunity to meet industry professionals with the various workshops, seminars, and other co-curricular activities arranged by the University. The placements have a track record of high placement opportunities offered by prestigious companies. With the state-of-the-art infrastructure and scholarships to the meritorious students, Birla Global University is the best University for anyone who wishes to excel. For more details, visit us at: https://www.bgu.ac.in/about-bgu