how to select a business school - vbs webinar 8th june 2014
DESCRIPTION
How does one Select a Business School. This PPT runs you through a few key parameters to keep in mind when making a selection.TRANSCRIPT
How to Select a Business School
Arka Bhattacharya◦ B.E ( COEP , Pune ) - Metallurgy 2003◦ IIFT Delhi, MBA (International Business) 2008◦ Worked with ESAB (India) and was heading West
India; ◦ Then with T.I.M.E Mumbai for 2 years; ◦ Also had a stint with leading American medical
Equipment Manufacturer Becton Dickinson◦ Worked with Olam International in Indonesia &
West Africa heading their FMCG/PFB Business for Three Years
◦ Currently heading Academics & Corporate Relations at Vanguard Business School
About the Speaker
Is it◦ A Science? ◦ An Art?◦ A Process?◦ A War?
Is it only about◦ Leadership?◦ Optimizing Resources?◦ Motivating People?◦ Achieving the improbable?
Can it be learnt/ taught?
What is Management?
What do I need?
How do I get there?
What does B-School offer?
Ask yourself a few questions…
Industry Exposure
Communication Skills & Interpersonal Skills
Knowledge but coupled with Practical Application
However, most importantly
What a good MBA gives you…
Self - Belief
Wharton, HBS, MIT, Stanford, Kellogg's, INSEAD, IMD, Said & Judge (Oxbridge), GSB Chicago, LSE, LSB, ESADE
IIMs – A, B, C , L , I , K◦ plus 7 others including IIM Shillong
XLRI/JBIMS/FMS/SPJIMR/IIFT/MDI/NITIE XIMB/ SIBM/SCMHRD/ SJMSOM-IIT
Bombay NMIMS / DoMS-IIT Delhi/ VGSOM IIT-Kgp
TAPMI/ IMI-D/IMT -G /DMS IIT- Kanpur TISS/MICA/IRMA ISB – Hyderabad/ Great Lakes – Chennai
Which are the Best Management Colleges
CAT/XAT/IIFT/SNAP /NMAT /MHCET/MICAT/IRMA for all the B-schools we’ve mentioned
GMAT – For ISB / B-Schools Abroad (Typically requires minimum 3-4 years Work-ex)
Group discussion /Essay/ Interview Stage Final admit Typically about 2.5 to 3 Lakh MBA aspirants
give various entrance exams each year (including PGCET & MAT and similar regional entrance tests)
Roughly 5000 odd seats in the colleges mentioned in previous slide
How do you get in ?
Entrance Test
•Focus on getting the Basics Right•Practice smart till you get the time management absolutely right
GD / Interviews
•Know Thy Self•Know Thy World
Choose the Right B-School
•First get admits from as many schools as you can•Then, choose the one that you feel fits you best
What Should you do next?
Choosing a ProgramCriteria
Placement
Brand Name
Fees
Faculty
Facility
Location
What Students SHOULD Evaluate
Return on Investment/Profile Of Job
Corporate Recognition
Return on Investment
Mix of Corporate/Educational
Exp
Opportunity to interact with Corporates
No. Of Companies
What Students Evaluate
Salary High/Low
Perception via Advertisements/Referenc
e
Fees High/Low
Degree/ Years Of Teaching
Buildings/ Infrastructure
Distance from Home Town
Asking Smart Questions is the surest way to becoming smarter. Asking Silly questions is an even surer way of not remaining silly
QUESTIONS ?
Chinese ProverbHe who asks is a fool for 5 minutes buthe who does not is a fool forever
WHY EVEN CONSIDER VANGUARD?
The 4 Pillars of B- SchoolM
ng
mn
t Facu
lty
Exp
osu
re T
rain
ing
All this for a Fee <5L
World Class Management Education
Vanguard Business School
Pillars of Vanguard
All IIM/ Top 10 B-school
Over 72 years of Experience in Education & Industry
IIM Corporate Network Spanning over 30 Years
Man
ag
e-m
en
t
Directors & Mgmt TeamCEO(IIMs)
Country Head
HR Head
Mentors
Directors(IIMs)
Function Head
VBS
Corporates
Corporates
Network @ Vanguard
Pillars of Vanguard
70% IIM/Top10 B-school Alumni
Faculty from IIMB, IITK, MICA, IIM K, TAPMI
All with Corporate Experience
Facu
lty
Pillars of Vanguard 1 on 1 Industry Mentorship
◦Internal & External◦Mentors from IIMs
3-4 Months Summer Int.
“Two Day/Week” Live Project◦Runs the Entire 2nd Year
Industry /Domain reports
Exp
osu
re
Pillars of Vanguard
480 Hours Of Training Outside Class
Students Broken Down In Smaller Groups
Tracking of Each Student
Tra
inin
g
A Perfect Score : Vanguard achieves 100% placement
Best Return on Investment : Over 100% Year-on-Year
Average Salary : INR 4.31 Lacs/Year
Median Salary : INR 4.20 Lacs/Year
ROI : Average Sal/Fees = 4.31/4 ~108%
Placements – In depth
‘Real’ 100% PlacementNo forced EntrepreneursNo student was disqualified from the placement process on any grounds
Process completed before most Premier B-Schools in the Country
Results
38 Students
Final Placement 2013
And many more……
30 Companies
Placements – In depth
Results -2014Bigger Brand, Better Profiles
2011-2013 2012-2014
Participating Firms = 30◦ By March
Average = 4.2L
Highest Salary INR 5.9 L
Participating Firms = 40◦ As on 24/3/2014
Average = 4.5L
Highest Sal INR 6.9L
100% of Batch already PlacedTop Firms already hiring in 2nd Year
Results -2014Bigger Brand, Better Profiles
Colgate Pamolive Placement Process◦ 5 competing schools Allianz , Chirst, ISBM, Amrita, VBS
Total 1 Selections 2 on Hold entire Bangalore VBS had 1 Selection and 1 Hold
Naukri.com Placement Process◦ 4 Campus Drive – St.Josephs, MSRamaih, Acharya ,VBS
Total 3 Selections – VBS made 2/3 Airtel hired 11 Students preferringus to
SIBM / Welingkar Bangalore PPOs from O&M, Cholamandalam PPIs from ITC, Crisil
Vanguard v/s Competition
You didn’t make it top 20 ◦ Yet want an absolutely Top Class Exposure
CAT didn’t Go that Great ◦ You Scored well all through out
You want to emulate Role Models within reach
You want to really uplift where you stand
Why Join Vanguard ?
July Intake Batch commences on August15th this year
CAT/XAT/MAT/VET(Vanguard) Class 10+12+Graduation Scores Short Essay: 15 mts, Extempore: 2 mts, Interview: 20-30 mts
Process for Selection