b school selection 07 01
TRANSCRIPT
-
8/14/2019 b School Selection 07 01
1/53
( for applying )
welcomes you
Seminar
How to Selectthe Right B-school
T.I.M.E.Triumphant Institute of Management Education Pvt. Ltd.
-
8/14/2019 b School Selection 07 01
2/53
PG in Management
No. of B-schools in India: 1200+
No. MBAs graduating every year: 80,000+
Variety of programmes
- Two-year degree or diploma- Three-year part-time
- One-year executive programme: on-line / classroom
- Correspondence
Specialisation
- None- Function: single / dual
- Industry
We care for your Career
T.I.M.E.Triumphant Institute of Management Education Pvt. Ltd.
-
8/14/2019 b School Selection 07 01
3/53
Selection Process/Criteria*
Two-stage processa) Written test
b) GD + PI
Criteria & Weightage
- Low transparency ( few exceptions )- Written test: 40-60%*
- GD / PI / Work Ex / Bio-data:10-15%* each
* Best Guesstimates We care for yourCareer
-
8/14/2019 b School Selection 07 01
4/53
Selection Process/Criteria*
We care for your
Career
Some Glasnost
AICTE has asked B-schools to disclose details:
5. Placements Lowest, Average & Highest salary
6. No. of applicants7. Names / Qualifications of FMs
8. Selection process
- CAT/written test cut-offs
- Weightages for CAT score, GD, PI, Academics etc.
5. Visit B-school website and check under mandatory
disclosure as per AICTE guidelines
-
8/14/2019 b School Selection 07 01
5/53
From B-school Websites
CAT 70%, GD 10%, PI 20%88NIRMA
CAT only for short-listing.
MICAT 30%, GD/PI 70%90+MICA
CAT 60%, Others 40%89.65LBSIM
CAT 50%, GD-12.5%, PI-20%, Acads 10%,
Comm. Skills 10%, WE 7.5%84.33 ( WE )
91 ( Freshers )
K J Somaiya
CAT 40%, Bio-data-10%, GD-10%, Essay-10%, PI-30%
93.65IMI
CAT 35%, Graduation % - 20%
GD 20%, PI 25%None ( call 1200
for 120 seats )
BIMTECH
CAT 50%87.45BIM, Trichy
Selection Criteria - WeightagesMin %ileB-school
-
8/14/2019 b School Selection 07 01
6/53
From B-school Websites( Continued )
CAT 70%, GD+PI 25%, ACADS+WE 5%NAIMT
CAT-10%, Acads -25%, GD+Extempore-15%,PI-45%, Experience 5%
83IISWBM
XAT-50%,Acads-10%, GD+PI-30%, WE-10%84.5 ( XAT )GIM
CAT - 85%, GD& PI 7.5% each.90+UBS
CAT 50%, Acads + WE - 20%
GD 10%, PI 20%69SDM, Mysore
CAT - 35%, Acads + WE 25%, GDPI 40%NAFore
Selection CriteriaMin %ileB-School
-
8/14/2019 b School Selection 07 01
7/53
Salary Statistics( from B-school websites )
5.012.756.77XIMB ( 07 )
4.0911.965.57K J Somaiya ( 06 )
4.09.06.4GIM ( 07 )
NA8.64.12NIRMA ( 06 )
3.59.06.0LIBA ( 07 )
4.28.85.5LBSIM ( 06 )
3.57.15.2IMI ( 06 )NA7.04.0IIFM ( 07 )
3.58.44.6Fore ( 06 )
4.0107.02BIM ( 07 )
LowestHighestAverageB-school
-
8/14/2019 b School Selection 07 01
8/53
Selecting the right* B-schools
Guidelines
( *for applying ) We care for yourCareer
-
8/14/2019 b School Selection 07 01
9/53
Criteria
1) Placements
We care for your Career
-
8/14/2019 b School Selection 07 01
10/53
100% placement - myth or reality ?
Average Salary figures
take with a pinch of salt!
We care for your Career
Placements
All that glitters is not gold
-
8/14/2019 b School Selection 07 01
11/53
Criteria
1) Placements
We care for your Career
2) Quality of Faculty
-
8/14/2019 b School Selection 07 01
12/53
Quality of Faculty
We care for your Career
-
8/14/2019 b School Selection 07 01
13/53
Quality of Faculty
We care for your Career
Key Considerations Balanced mix of full-time &
visiting faculty
Faculty-industry interface
Qualifications & Background
-
8/14/2019 b School Selection 07 01
14/53
Criteria
1) Placements
We care for your Career
2) Quality of Faculty Members
3) Quality of Students
-
8/14/2019 b School Selection 07 01
15/53
We care for your Career
Learning at a Good B-school takes placeas much from your fellow-students
as from the teachers.
Alumni play a key role in placements.
Well-knit alumni network good placements.
Quality of Students
-
8/14/2019 b School Selection 07 01
16/53
Criteria
1) Placements
We care for your Career
2) Quality of Faculty Members
3) Quality of Students
4) Quality of Infrastructure
-
8/14/2019 b School Selection 07 01
17/53
However,
Do not get carried awayby the claims regarding infrastructure
We care for your Career
Quality of Infrastructure
While good infrastructure alonedoes not guarantee great learning
but it helps!
-
8/14/2019 b School Selection 07 01
18/53
-
8/14/2019 b School Selection 07 01
19/53
We care for your Career
Image of the
Institute Brand matters!Why do we pay a
premium for a brand ?
Value of the management
degree/diploma dependson the reputation of the institute!
-
8/14/2019 b School Selection 07 01
20/53
Criteria
1) Placements
We care for your Career
2) Quality of Faculty Members
3) Quality of Students
4) Quality of Infrastructure
5) Image of the institute
6) Location of the institute
-
8/14/2019 b School Selection 07 01
21/53
We care for yourCareer
Location of the
InstituteLion commands respect even outside jungle!But location matters for lesser mortals!
Location of the Institute impacts
quality of placements &
sourcing of the best faculty !
When in doubt, opt for the B-schoollocated at a metro - Bombay/Delhi
-
8/14/2019 b School Selection 07 01
22/53
Criteria - Summary
1) Placements
We care for your Career
2) Quality of Faculty Members
3) Quality of Students
4) Quality of Infrastructure
5) Image of the institute
6) Location of the institute
-
8/14/2019 b School Selection 07 01
23/53
Still Confused?
Yes, how do I decide which
B-schools I should apply to?
We care for your Career
-
8/14/2019 b School Selection 07 01
24/53
FAQs
1. How many B-schools I should apply to?
- Depends on your budget
- Suggested number: 10 -12
- Apply to B-schools in more than one band
2. Authenticity of Surveys done by different
publications?
- Sample Size
- Non-participation of institutes
- Low knowledge of people involved
3. How is B-school X?
We care for your Career
-
8/14/2019 b School Selection 07 01
25/53
FAQs ( Contd.. )
4. How to check B-school claims - Personal visit, websites, not just companies
but salaries & designations too!
5. I need minimum Rs X per month. Which B-
school will guarantee me this?
- Take-home or CTC?
- Are you looking at the MBA only from short-
term or long term perspective?
6.Salary statistics: Average, Highest, Lowest
Should I believe in the figures quoted in the
media?
- Check Mandatory DisclosureWe care for your Career
-
8/14/2019 b School Selection 07 01
26/53
FAQs ( Contd.. )
7. Institutes not having min 50% criteria?
- Hold your breath, its coming!
8. Any good MAT institutes?
- Unfortunately not many, pl. wait till we get into
B-school ranking!
9. If I do not get into an institute of my choice,
should I try again or compromise?
- Yes & No!
10. At what current AIMCAT percentile can I get
into a top 20 B-school?
- S E V E N T YWe care for your Career
-
8/14/2019 b School Selection 07 01
27/53
FAQs ( Contd.. )
11. How important is the course fee in deciding the B-school?
- V. low importance
12. How do I finance my studies since cost is very high
~ Rs 5 Lakhs? ( Rs 17 L at ISB )- Bank loans are easily available at good B-schools
13. Should I apply only to those near Delhi since I do
not wish to stay far away from home?
- N O14. Since CAT / IIFT is difficult, should I apply only to
those B-schools that use other tests like MAT?
- N O
We care for your Career
-
8/14/2019 b School Selection 07 01
28/53
Some moreGuidelines?
-
8/14/2019 b School Selection 07 01
29/53
Rules of Thumb..1
1. Tougher to get admission better is the B-school( Reverse is also true! )
Quality of B-School
Ea
seofAdmissio
n
Low high
-
8/14/2019 b School Selection 07 01
30/53
Rules of Thumb..2
2. While you naturally want to get into the best B-school, they also want the best of the students!
Quality of B-School
Qua
lityofStudents
Low high
Low
-
8/14/2019 b School Selection 07 01
31/53
Rules of Thumb..3
3. Normal distribution of salary takes place ateach & every B-school, including IIMs.
Salary
NU
M
B
E
R
S
Even at an IIM, if you are at the bottom,
your salary will not be an envy of many people!
-
8/14/2019 b School Selection 07 01
32/53
Rules of Thumb..4
4. Most of the times, quality of B-school is
inversely proportional to the size of the Ads!
Did you understand this one?
-
8/14/2019 b School Selection 07 01
33/53
Rules of Thumb..5
5. When in doubt,
-
8/14/2019 b School Selection 07 01
34/53
Some Common Refrains
I cant waste one year, so I should join whicheverB-school admits me.
If I do not crack CAT this year, it means I am
incapable of cracking it.
Since I have a gap year, I cannot make it to agood B-school.
All CAT institutes are better than all MAT
institutes.
Since work experience can give me an edge, I
should get a fake experience certificate to
enhance my chances of success.
-
8/14/2019 b School Selection 07 01
35/53
Last Words
Selecting a B-school for yourself is possiblyone of the most important decisions in your life,
almost as important as getting married.
Would you therefore go by what others say
or invest enough time and efforts in decidingwhich B-school to join?
Why not visit the B-school yourself, speak to the
students, faculty members and decide
Whether you like to spend your two years there?
Invest enough time & efforts before deciding
-
8/14/2019 b School Selection 07 01
36/53
Institute Ranking
How do we do it?
3. Inputs from T.I.M.E. studentsacross the country
4. Discussions amongst all T.I.M.E.centres
5. Reviewed every year
We care for yourCareer
B school Ranking
-
8/14/2019 b School Selection 07 01
37/53
B-school Ranking
Top 10World class, Ivy league, 100% placements
A+ & AGood quality, near 100% Placements
B+
Consistent Quality, Good Placements
BPopular at local level, local placements
CPatchy track record, check thoroughly before applying
We care for your
( All the rankings within a category are in alphabetical order )
Total 130 B-Schools ranked.Complete list is available on T.I.M.E. website
( Only full-time programmes ranked )
-
8/14/2019 b School Selection 07 01
38/53
The Top 10
Faculty of Mgmt Studies, Delhi: FMS - FT( Own test )
2. IIM Ahmedabad - PGDM, PGDM-ABM, PGPX
3. IIM, Bangalore -PGDM
4. IIM, Calcutta - PGDM, PGDCM, PGPEX
5. IIM, Indore
6. IIM, Kozhikode
7. IIM, Lucknow - PGDM, PGDM-ABM
8. Indian School of Business, ( ISB ), Hyderabad
( GMAT )
9. SP Jain Instt. of Mgmt and Research, Mumbai
( CAT/XAT? )
10. XLRI, Jamshedpur BM & PM+IR( XAT )
( All the rankings within a category are in alphabetical order )
We care for your Career
-
8/14/2019 b School Selection 07 01
39/53
S P Jain, Mumbai
PG Courses
2. PGDM
3. Executive PGPM ( one-year programme )
-
8/14/2019 b School Selection 07 01
40/53
-
8/14/2019 b School Selection 07 01
41/53
IMT Ghaziabad
MBA Courses
2. PGDM
3. PGDM Finance
4. PGDM IT
5. PGDM HR
6. PGDM - IB
-
8/14/2019 b School Selection 07 01
42/53
NMIMS, Mumbai ( deemed university )MBA Courses
MBA ( Pharma ) - Two years WE mandatory MBA ( CAPITAL MARKETS )
with BSE (Two years WE mandatory )
3. MBA ( ACTURIAL SCIENCE )( Min 80% marks in Maths in XII, if not withEngg/Science/Eco background )
MBA ( GLOBAL BUSINESS ) - Two years WE mandatory MBA ( RETAIL MANAGEMENT ) MBA ( SERVICES MANAGEMENT ) Two specialisations
available: Hospitality and Healthcare Management7. MBA ( Core )
-
8/14/2019 b School Selection 07 01
43/53
"A" Category Bharathidasan Institute of Mgmt, Trichy ( CAT 87.45 )
Dept. of Financial Studies ( DFS ), Delhi: MFC Course
( Own test )
FMS, Delhi: MBA MS Course( Own test )
Fore School of Management, Delhi ( CAT )
Goa Institute of Management ( GIM ), Goa ( XAT 84.5 ) IIFT, Kolkata ( Own test )
Indian Instt of Social Welfare & Bus. Mgmt, Kolkata
( CAT 83 )
Indian Institute of Technology (IIT), Kanpur( JMET )
Indian Institute of Technology (IIT), Kharagpur( JMET )
Indian Institute of Technology (IIT), Chennai ( JMET )
"A" C
-
8/14/2019 b School Selection 07 01
44/53
"A" Category
Institute for Financial Mgmt & Research ( IFMR ), Chennai ( CAT )
Institute of Rural Management ( IRMA ), Anand ( Own Test )
International Mgmt Institute (IMI), New Delhi ( CAT 93.65 Final )
K.J. Somaiya Instt of Mgmt Studies, Mumbai ( CAT 91/84.33 )
Lal Bahadur Shastri Instt. of Mgmt Studies, Delhi ( CAT 89.65 )
MDI* Gurgaon: PGPM HR & IM Programmes ( CAT )
Mudra Instt. of Communication ( MICA ), Abad ( XAT / CAT
90+ )
Symbiosis Centre for Mgmt and HRD (SCMHRD), Pune ( SNAP )
T. A. Pai Management Institute (TAPMI), Manipal ( CAT )
20. Xavier Institute of Management (XIM), Bhubaneswar( XAT )
-
8/14/2019 b School Selection 07 01
45/53
-
8/14/2019 b School Selection 07 01
46/53
B+ Category
11. Kirloskar Instt. of Adv. Mgmt Studies, Harihar( CAT )12. Loyola Instt. of Bus. Admin, Chennai ( XAT 91 )
13. National Instt. of Technology (NIT), Trichy ( ATMA )
14. Nirma Instt. of Mgmt, Ahmedabad ( CAT 88 Final )
15. S P Jain, Dubai Campus: One-year programme( GMAT )
16. SDM Institute of Management, Mysore ( CAT )
17. Sydenham Institute of Management, Mumbai ( M-CET )
18. Symbiosis Instt. of International Bus., Pune ( SNAP )
19. University Business School ( UBS ), Chandigarh ( CAT 90+)
20. Welingkar Institute of Mgmt, Mumbai ( CAT )
-
8/14/2019 b School Selection 07 01
47/53
B Category
Alliance Business Academy, Bangalore( CAT / MAT )2. BIM, Bangalore ( CAT )
3. Birla Instt. Of Technology, Mesra, Ranchi ( CAT )
4. Christ College, Bangalore( MAT )
5. Delhi School of Eco., Delhi - MIB & MHROD (Own test )
6. Hyderabad Central University ( HCU ), Hyderabad ( CAT )
7. ICFAIN Business School, Navi Mumbai ( IBSAT )
8. ICFAIN Business School, Bangalore ( IBSAT )
9. Indian Institute of Forest Management, Bhopal ( CAT )
10. Indian Institute of Planning & Mgmt, Delhi ( Own )
11. Indian Institute of Technology, Roorkee ( JMET )
12. Indian School of Mines (ISM), Dhanbad ( CAT )13. IMT, Nagpur( CAT )
14. IMT, Dubai ( CAT )
15. IPE, Hyderabad ( CAT )
B C t
-
8/14/2019 b School Selection 07 01
48/53
B Category16. MBE - Delhi University ( Own test )
17. Osmania University College of Business Mgmt ( CAT )18. Pondicherry Central University ( CAT )19. PSG Institute of Mgmt, Coimbatore ( TANSET / MAT )20. School of Management Studies, Varanasi ( CAT )21. School of Comm & Mgmt Studies, Cochin ( CAT/MAT )
22. SIES College of Mgmt Education, Mumbai ( M-CET )
23. Sri Ram College of Commerce: MBA-GBO, Delhi ( Own )24. St Joseph College of College, Bangalore ( XAT )
Symbiosis Instt of Mgmt Studies, Pune ( SNAP )
26. Symbiosis Inst. of Mass Communication, Pune ( SNAP )
Symbiosis Institute of Telecom Mgmt, Pune ( SNAP )
28. Symbiosis Instt of Science & Technology, Pune ( SNAP )29. Xavier Instt of Mgmt and Entrepreneurship, Bangalore ( MAT/XAT )
30. Xavier Instt. of Social Sc., Ranchi( XAT 55 / MAT 650 )
C C t
-
8/14/2019 b School Selection 07 01
49/53
C CategoryEast
Army Institute of Management, Kolkata ( CAT ) Globsyn Business School, Kolkata ICFAI Business School (IBS), Kolkata ( IBAT )
North
Amity Business School, New Delhi ( MAT / Own test ) EMPI Business School (EMPI), New Delhi ( CAT ) Indian Institute of Finance (IIF), New Delhi ( CAT ) Indian Institute of Tourism & Travel Management, Gwalior( CAT ) Institute of Integrated Learning in Mgmt (IILM), Noida ( CAT ) Jagan Institute of Management Studies (JIMS), Delhi ( MAT / IP )
New Delhi Institute of Management (NDIM), Delhi ( CAT/MAT ) NIILM Centre for Management Studies, New Delhi ( CAT / MAT ) IP University, Delhi Times School of Marketing, Delhi ( one-year course )
C Categor
-
8/14/2019 b School Selection 07 01
50/53
C CategorySouth
Badruka Institute of Foreign Trade, Hyderabad ( IIFT test ) Department of Management Studies, Anna University, Chennai Gitam Institute of Foreign Trade (GIFT), Vizag ( IIFT test ) ICFAI Business School (IBS), Chennai ( IBAT ) Indian Business Academy (IBA), Bangalore ( CAT )
Institute of Business Management & Research (IBMR), Bangalore Institute of Technology & Management (ITM), Bangalore (CAT) Institute of Technology & Management (ITM), Chennai (CAT) International School of Business and Media (ISBM), Bangalore International School of Management Excellence (ISME), Bangalore M.S. Ramaiah Institute of Management, Bangalore ( MAT )
School of Management (SMS), Cochin University Siva Sivani Institute of Management (SSIM), Hyderabad ( MAT ) Xavier Vignana Jyothi Institute of Management (XVJIM), Hyderabad
C C t
-
8/14/2019 b School Selection 07 01
51/53
C CategoryWest
B. K. School of Business Management, Ahmedabad ( GCET ) Bharatiya Vidyapeeth, Pune ( Own test ) ICFAI Business School (IBS), Ahmedabad ( IBAT ) ICFAI Business School (IBS), Pune ( IBAT ) Indian Institute of Modern Management (IIMM), Pune Indira Institute of Management, Pune MIT School of Management (MITSOM), Pune National Institute of Banking and Management (NIBM), Pune National Insurance Academy (NIA), Pune NL Dalmia Instt of Mgmt Studies & Research, Mumbai ( MCET )
Sadhana Centre for Mgmt and Leadership Devp, Pune ( Own ) Symbiosis Institute of Operations Management (SIOM), Pune
-
8/14/2019 b School Selection 07 01
52/53
MBA Entrance Exams& B-schools taking < 50%*
MAT- School of Communication & Management Studies (SCMS), Cochin
- Siva Sivani Institute of Management (SSIM), Hyderabad
- Christ College, Bangalore
- EMPI, Delhi
XAT*- Siva Sivani
- XISS, Ranchi
- XIMB
- XLRI
IIFT Delhi & Kolkata
IIPM, Delhi
* 2007-09 MBA session data
-
8/14/2019 b School Selection 07 01
53/53
Best of Luck!