FIVE CHECKPOINTS YOU SHOULD KNOW ABOUT YOUR BUSINESS SCHOOL

Business degrees are among the most popular courses offered by colleges and universities, and with the projected growth in this sector, many would agree that it is the investment for the future.

Choosing a right kind of business school is of utmost importance, this might play a decisive role in your overall growth. There are many factors that you should consider before joining a business school, but here are most important ones should look for –

#1 — Reputation (Accreditation)

Reputation of any school is indicated by its overall ranking among all other business schools. Though ranking changes on different factors like Faculty, infrastructure, placements, etc. You should think what matters to you the most while looking for school’s reputation.

Reputation can also be judged with the accreditation from a reputable organization. This is one of the good way to check the quality of a business school. The three most coveted international standards for MBA programs are those awarded by AACSB, AMBA and EQUIS.

List of AACSB accredited schools in India –

Indian Institute of Management, Calcutta

Indian School of Business, Hyderabad

Institute of Management Technology, Ghaziabad

T.A. Pai Management institute, Manipal

List of AMBA accredited schools in India –

Indian Institute of Management Calcutta

Indian Institute of Management Kozhikode

Indian Institute of Management Lucknow

International Management Institute (IMI), New Delhi

Management Development Institute

SP Jain Institute of Management and Research

Great Lakes Institute of Management, Chennai

XLRI- Xavier School of Management, Jamshedpur

List of EQUIS accredited schools in India –

Indian Institute of Management Ahmedabad

Indian Institute of Management Bangalore

#2 – Quality faculty

A good business school will always attract most talented and qualified faculty from all across the country. This faculty will have the knowledge and experience to effectively teach aspiring business leaders.

An inspiring faculty will always give emphasis on the application of theory to real life situations in the business today. Faculty will also help student with their internships and career guidance with their connection in industry. This marks as an important aspect from the student’s perspective.

#3 – Students Profile

Most business school program includes variety of group projects, and you will be spending a significant amount of time interacting with your fellow students.

As you would be developing leadership skills and the ability to work in the team, your experience in business school should also allow you to learn maximum from your fellow students, with their past experience in coveted companies.

Working with sharp minds will always enhance your own ability and will improve you to think from Business perspective. Fellow mates with good profiles will make you understand what it requires to be the best.

#4 – Rigorous Course curriculum

To pick the best curriculum for you, really think about your learning style and what you need from the curriculum. There’s everything from traditional method to case study oriented classes. It’s upon you how can you get the maximum benefit from any program. You also need to check the course outline and tally if the course offerings are inclined with your interest. For example, if you want to pursue Sales & Marketing and let’s say the program doesn’t offer you Channel management which is a part of Sales then you should rethink before joining that school. If you are looking to start a business of your own, you can look for a school that offers a solid foundation of business courses and at the same time allows you to specialize in entrepreneurship.

#5 — Strong Alumni network

A good business school will have strong Alumni network. As former students, Alumni offers valuable insights and connections.

The size of Alumni network doesn’t indicate its quality, so don’t judge any B-school with their Alumni size. You should always look for the quality of Alumni, where they are? And what are they doing? If you think most of the Alumni’s are having good work profile and that’s kind of work you want to pursue than you might shortlist that particular business school.

Take these five things into consideration while you join any Business school. Remember that school should be able to match up with your personal and professional goals. Once you choose the best Business school for you , you are half way done. So choose wisely and All the best!!

Latest Updates on CAT 2014 | Notifications | Dates | News

Latest Updates on CAT 2014 | Notifications | Dates | News

Common Admission Test (CAT) is, the online test conducted by the IIMs for Admission into various B-Schools across India. Generally held every year in a time frame of 2 months, students have to undertake CAT as the first step to getting admission in Indian b-schools.

Erudite provides you a comprehensive list of all that you want to know about CAT 2015. Along with the list of the top B-Schools in India.

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CAT2014 Examination Date

Held in a 2 month window between October and November every year.

The dates for this year’s examination are yet to be announced. Students are given an option to select a date and centre of examination of their liking.

Starting date of CAT 2014: Not yet Announced

Last date of Exam: Not yet Announced

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Admission Notifications

There has been no announcement from the IIMs about CAT dates for 2014

Official Website for CAT 2014: the CAT 2014 official website has still not been launched by the IIMs

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CAT 2014 Syllabus

The IIMs do not provide a fixed syllabus for the CAT examination but based on questions from previous years here is broadly what you can expect in a CAT paper.

 

Quantitative Aptitude

Arithmetic

Percentages                                                                                     Profit/ Loss
Ratio, Proportion and Variation                                                        Averages
Alligation & Mixture                                                                           Time & Work
Time & Distance                                                                               Commercial Math

Geometry and Mensuration

Co- ordinate Geometry, Trigonometry

Algebra

Number System

Higher Mathematics

Set theory, Clocks                                                                    Functions
Permutation                                                                             Combination
Probability

 

Data Interpretation and Data Sufficiency

Calculative Graphs

Data Sufficiency

 

Verbal Ability

Grammar                                                                                     Vocabulary

Jumble Sentence                                                                       Critical Reasoning

Fill in the Blanks                                                                        Fact, Inference, and Judgment

Concluding Statements                                                            Reading Comprehension

 

Logical Reasoning

Deductive Reasoning                                                                Data Arrangement

Tables & Charts                                                                         Family Tree

Network Diagrams                                                                     Sports and Games

Caselets                                                                                    Puzzles and Teasers

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CAT 2014 Examination Pattern | Sample Paper

The examination pattern is announced every year by the IIM which is entrusted with organizing the CAT examination for the year.

Till 2013, CAT was an online based examination divided into 2 sections. The total duration of the exam was 140 minutes, 70 minutes for each section.  Each section had 30 questions. The first section had Quantitative ability questions while the second section had verbal ability and logical reasoning questions.

Here is a sample paper to give you the cat experience:

Personalized Preparation for CAT 2014

CAT being one of the most competitive exams in India, quality test preparation and sound strategic advice are of utmost importance. Erudite is rated as one of the best coaching classes for CAT preparation and we mentor our students to achieve success by developing a customized approach which takes into account an individual’s capabilities and weaknesses.
Our preparation mode is holistic. We identify the inherent strength of the aspirant and hone it to their best advantage. At the same time we ensure that we train them how to overcome their weaknesses. Personalized strategy session and micro counseling session to tide over problem areas makes us the leader in CAT training across India.

Personalized Attention

• Individual Study planning and strategy counseling
• Assessment of aspirants strengths and weaknesses
• Performance evaluation at every step of preparation
• One-to-one mentoring
• The right B-School selection
• Stress buster sessions
• Individual doubt clearing sessions with faculty
• Unique shortcut techniques with special focus on Vedic mathematics

Best Classroom Training

• Extensive classroom training with online training support
• Refresher classes to help build fundamentals
• Comprehensive and revised study material with practice books
• Experienced and specialized faculty for all sections
• Micro sessions to identify areas of difficulty

Special Features

• Online All India SIM CATs with detailed analysis
• Actual CAT papers with detailed discussion
• Strategy test to enhance crisis management skills
• Sectional test to improve sectional performance
• Special classes and practice tests for XAT, IIFT, SNAP etc.
• Computerized score analysis and learning curve of all students maintained in database
• Indispensable self-analysis Introspect rum specially designed to Map progress of the student

Erudite offers following programs for CAT aspirants

• Classroom Based Program
• Postal Program

More more information please visit our website: http://erudite.in/

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List of Top B-Schools in India

The list contains the name of 40 b-schools from India, grouped in groups of 10 the colleges are arranged in alphabetical order within the group.

The best: 1 – 10

(FMS Delhi) Faculty of Management Studies, Delhi University

(IIFT Delhi) Indian Institute of Foreign Trade, Delhi and Kolkata

(IIM Ahmedabad) Indian Institute of Management, Ahmedabad

(IIM Bangalore) Indian Institute of Management, Bangalore

(IIM Calcutta) Indian Institute of Management, Calcutta

(IIM Indore) Indian Institute of Management, Indore

(IIM Kozhikode) Indian Institute of Management, Kozhikode

(IIM Lucknow) Indian Institute of Management, Lucknow

(ISB Hyderabad) Indian School of Business, Hyderabad

(XLRI Jamshedpur) Xavier’s Labour Relations Institute, Jamshedpur    The Best of the rest: 11 -20

(IMT Ghaziabad) Institute of Management Technology, Ghaziabad

(JBIMS Mumbai) Jamnalal Bajaj Institute of Management Studies, Mumbai

(MDI Gurgaon) Management Development Institute, Gurgaon

(NITIE Mumbai) National Institute of Industrial Engineering, Mumbai

(NMIMS Mumbai) Narsee Monjee Institute of Management Studies, Mumbai

(SIBM Pune) Symbiosis Institute of Business Management, Pune

(SJM-SoM IIT Bombay) Shailesh J Mehta School of Management, IIT Bombay, Mumbai

(SP Jain, Mumbai) SP Jain Institute of Management and Research, Mumbai

(TISS Mumbai) Tata Institute of Social Sciences, Mumbai

(XIM Bhubhaneswar) Xavier’s Institute of Management, Bhubhaneswar    The Better: 21-30

(DMS, IIT Delhi) Department of Management Studies, IIT Delhi

(IIM Ranchi) Indian Institute of Management, Ranchi

(IIM Shillong) Indian Institute of Management, Shillong

(IIM Trichy) Indian Institute of Management, Trichy

(IRMA Anand) Institute of Rural Management, Anand

(KJ Somaiya, Mumbai) KJ Somaiya Institute of Management Studies and Research, Mumbai

(MICA Ahmedabad) Mudra Institute of Communication, Ahmedabad

(SCMHRD Pune) Symbiosis Center for Management and Human Resources Development, Pune    The Good: 31-40

(DoMS, IIT Madras) Department of Management Studies, IIT Madras, Chennai

(DoMS, IIT Roorkee) Department of Management Studies, IIT Roorkee

(Fore Delhi) FORE School of Management, Delhi

(GIM Goa) Goa Institute of Management, Goa

(Great Lakes, Chennai) Great Lakes Institute of Management, Chennai

(IIM Raipur) Indian Institute of Management, Raipur

(IIM Rohtak) Indian Institute of Management, Rohtak

(IIM Udaipur) Indian Institute of Management, Udaipur

(IME, IIT Kanpur) Industrial and Management Engineering, IIT Kanpur

(IMI Delhi) International Management Institute, Delhi

(Nirma Ahmedabad) Institute of Management, Nirma University, Ahmedabad

(SIBM Bangalore) Symbiosis Institute of Business Management, Bangalore

(SIIB Pune) Symbiosis Institute of International Business, Pune

(TAPMI Manipal) TA Pai Management Institute, Manipal

(NMIMS Bangalore) Narsee Monjee Institute of Management Studies, Bangalore

 

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Other MBA Entrance Exams | Dates and Notifications

Candidates looking to take CAT should also have an eye on other important MBA entrance examinations.

XAT

IIFT Entrance Examination

CMAT

SNAP

Life at a new IIM…

“ You have been selected for the PGPM programme at Indian Institute of Management Rohtak ”.
These were the words in a mail I received on 28th May 2010 while I was working on the internet in a cyber cafe. My immediate reaction was of utter joy and disbelief at the same time. I read the mail again, and indeed I had made it to an IIM, a dream I had been pursuing for the last two long years. It felt like the fruition of all my hard work and effort over the last two years. It was without a doubt the best day of my life so far.
However, there were still some difficult questions before me. I had converts from lots of other established and reputed B-Schools including MDI, IMT, and NMIMS. I had to choose whether to go for an established B-school, or to bet on a new IIM with no history behind it. There were some fears initially about the quality of facilities, both infrastructure-wise and academically, that the first batch would get. With no alumni or seniors to support us, it was going to be a journey on uncharted terrain.
The first few days at the campus were quite hectic, with lots of classes, guest lectures and other such activities. The faculty, all world class with many of them being internationally reputed names in their areas of expertise, made us feel comfortable and at home. The learning environment all along was excellent, with some of the brightest brains in the country exchanging ideas and discussing management concepts. It was a pleasant surprise to know that three of our batch-mates had CAT percentiles in excess of 99.90.
The best thing I felt there was the sense of camaraderie amongst the batch. We have always stood by each other in thick and thin, and have helped each other in all possible ways. We crossed all barriers in trying to help each other .I personally made some great friends here, who I believe will remain so lifelong. All in all, it has been truly wonderful to study with such a great group of talented, enthusiastic, and lively people.
Weekends provided some opportunity to play sports. I started playing tennis for the first time here, and have enjoyed it thoroughly. We regularly organized sporting events in our campus, starting with RunSangram, a cricket tournament on the lines of the IPL. Apart from that, we organized tournaments for many other sports including Carom, Chess, and Table tennis, and all of these attracted the attention of the entire batch. We had loads of fun during these, and the camaraderie between the batch has been further strengthened by these events. Yours truly got the honour of being crowned the table tennis champion of our batch.
Time has flown by very fast , and the winds of change have swept all of us. I had some fears and suspicions at the time of joining this college, but now I can honestly say that it had been one of the best experiences of my life.

Manish Kumar Verma

PGDM, IIM Rohtak

Mentor: Quants & DI/LR, Erudite

5 Useful Website An MBA Student Must Visit

Internet is a powerful medium today where you can get information on almost any topic. A lot of students navigate the web to obtain useful information abut their interest, studies, courses they wish to enroll for, career they want to pursue among and many other stuff. As an MBA aspirant, you will find useful information that will significantly help you to know more about the courses, admission and other details. An MBA student has a lot to study during his tenure in B-School. It is very important to him to abreast with the on goings in the corporate world apart from updating himself with the current affairs. In addition there are many case studies, jargons and reference that an MBA aspirant must be well acquainted with. You can have a glance at the five useful website an MBA student must visit-

Accepted.com- This websites guides and assists students to get information about admission process, list of B-schools and their admission requirements. The website is has editors based in different continents so that a student can get information about colleges in various countries. The website also has a FAQ section, forum and blog where students can post their views and get the answers to their queries. You can get your hands on sample essays, interview feedback, important book list and other links that can guide you.

Online.wsj.com- Who does not know about the wall street journal and it is needless to mention the importance of this website for an MBA student. It is imperative for you to know about the on goings in the corporate and business world and to keep your self abreast with it; you must read information from a source like the online version of the wall street journal. In addition, you can also look out for jobs in this website by simply putting the right keywords and city or state options.

Mbajungle.com- As an MBA student, it is important for you to know which organization has openings and which are offering internship for MBA’s. In addition, there is information available about various B-schools and career prospects after MBA. This website can enlighten you knowledge about the road ahead. The interesting thing that you will notice in this website is that hey have a quick degree finder which facilitates you to find the right institute by submitting your details like degree level, category and subject.

Pagalguy.com- This is certainly one of the best; if not the best website you can come across. This has all the important updates and information that an MBA student should know. You can find articles, jobs, survey reports, events, videos and much more that can help you. The website also has a classified section where you can advertise, buy and sell your products and services. A similar website is coolavenues.com and it is also one of the best in this domain.

About.com – This is an online encyclopedia where you can get information on any possible topic. The information provided are detailed which can enlighten you about that particular subject. And the best part is that all these information are written by expert editors who are selected based on careful scrutiny.

Salient points about the CAT 2013, 16th Oct

1. Quants questions were spread across all sections with no preference to any selected area. Not more than 2 -3 questions from any area.
2. Question came from functions area more than normal (3 questions in the set)
3. Easy questions were spread throughout the paper. So, it’s important to read through the entire paper so as to not miss any easy questions.
4. DI sets were quite easy with questions requiring some basic percentage calculations. Must attempt questions.
5. Section on English contained a new question type on para jumbles, i.e. para jumble misfit. You had to find out 1 statement out of 4 which won’t be useful in forming the paragraph
6. The grammar based questions were very tough with seemingly all statements looking right. Hard to crack.
7. The RC passages had mostly questions of inferential nature. One of the passages was based on comparison between religion and secularism and their impact on humanity. A 2nd passage was based on how every individual in society is forced to conform to some prescribed social standards, and the conflict it creates within. Most questions required a thorough and deep understanding of the passage.
8. The 2 regular para jumbles were easily solvable with good connectors present between the statements. A relatively easier set.
9. There were 2 questions each on concluding statements and correct usage of a word in given statement. All these questions were of moderate difficulty level.
10. The LR passages were tough with lots of conditions needed to be decoded to solve the questions. Most of the questions were very time consuming.
11. Overall section I was relatively easier and a good attempt would have been 20 questions. Around 25 attempts would lead to top IIM calls.
12. Section II was slightly tougher and a good attempt would have been around 16 questions with a high accuracy of 85%.

Six Tips for Women Who are Considering an MBA

Thinking about an MBA? If so, you aren’t alone. Last year more than 50,000 women took the CAT with their sights set on graduate management education, which offers a tremendous channel to access greater professional opportunities, increase your earning potential and strengthen your network. Here are tips for women to improve your success both in the MBA application process and in business school:

Define your career goals

For many young professional women looking for a career change, business school seems like the perfect pathway to make the transition. The MBA provides two years to figure out what’s next. Well, not exactly. In reality, the whirlwind of business school internship search begins shortly after arriving on campus. Not having clear goals will make finding a job more difficult and may lead you to ‘follow the herd’ of your peers to industries and internships that don’t position you well for your professional interests. Take the time now to define your short-term and long-term career goals. Consider the industries and jobs that you want as well as the impact that you want to make in your career. This will prepare you for the MBA job search and also strengthen your MBA applications

Take a quantitative course

If you don’t have a quantitative background, such as undergraduate studies in business, engineering, or math, consider taking some additional coursework now. Suggested classes include statistics, finance and calculus. The course provider is not important – you can take an online, community college or college course. Check with your target schools to identify the course subjects that they recommend. And get an “A” in the course to demonstrate your readiness for the quantitative rigor of an MBA program.

Cultivate long-term relationships at MBA networking events

Overwhelmingly, MBA alumni cite the network that they developed as the most valuable aspect of the business school experience. Building MBA relationships though should not start on your first day of school, but long before that, during the application process. Schools host networking events that enable prospective candidates to meet school representatives. Avoid focusing completely on gathering information to aid in the MBA application process; take a longer view of these interactions. You are attending these events to find the MBA community that you will join for life. Many of these relationships will extend well passed the MBA admissions decision, which is real advantage for women, who tend to build lasting relationships.

Use all of the resources directed at increasing women in MBA programs

Women are underrepresented in MBA programs as compared to men. Business schools and non-profit organizations, like the Forte Foundation, offer events, mentor ship opportunities and programs to encourage more women to apply to MBA programs. Take advantage of these initiatives to meet MBA admissions officers, strengthen your MBA candidacy and determine which schools offer the best fit for you.

Don’t rely solely on women’s events though. Likely 60-70% of the students in your MBA class and more than 70% of your school’s alumni will be male. Leverage the entire MBA community in the application process.

Believe in yourself and your ability to thrive in business school

As you meet MBA candidates with amazing backgrounds you may be tempted to second guess your ability to get admitted or to be successful in business school. Reject this thinking by focusing instead on your strengths, your unique attributes and what you can contribute to an MBA community. Schools want candidates from different backgrounds with diverse professional and personal experiences. Determine what makes you distinctive and showcase that in your MBA application.

Save your money

Business school is expensive – two years of tuition can run you more than Rs20,00,000. You will be able to access scholarships and student loans to cover the cost of school. But there is no special financing available for covering the cost of getting admitted to business school. Expect to invest Rs 10,000-Rs 20,000 for application expenses, including the GMAT, a test prep course, application fees, and travel expenses for campus visits. Save your money and reduce your living expenses now to cover your impending business school application expenses.

 

Source :- topmba.com

Lifestyle Changes to Make While Doing Your MBA

Life goes through phases and moving higher up on the education front comes with its own set of amendments, these could be serious changes to your lifestyle or simple ones if you already lead a good one. These changes are not obligatory but implementing them may benefit you tremendously, your goalpost of an MBA could seem closer than anticipated! You can treat the lifestyle deviations stated below as a precaution or prerequisite before thinking of doing a genuinely successful or a must-start-instantly-life program to make your currently pursued MBA fruitful.

Setting a Sleeping Pattern

Your sleeping pattern and time table can significantly affect your output while studying. MBA may not require you to read all the time but practically require you to be on your computer for projects, thesis and assignments. Hence, fix a good sleeping time. Make it a regular affair for at least one month. All you need to wait for is your body clock to set on its own, irrespective to the pattern you follow make sure you get an adequate amount of sleep, roughly a 7-8 hours minimum to operate at optimum levels.

Reducing Junk and Food From Outside

This may sound a little abstract and derived but cutting on junk foods is essential for a healthy lifestyle that will help you function more healthily. Eating outside food proportionately increases your chances of procuring germs through it and increases chances of you contracting food-borne diseases. Food borne diseases last really long giving scope to a reduced time at the study desk. Maintaining a good health is essential for uninterrupted success at study.

Organizing the Day

Just like how a time table organizes and imparts the ability to the college to teach many subjects in one day, you should make a daily time table for yourself, dedicating fixed hours to study, practical, leisure, sleep and food. Do count in additional time for unexpected or urgent chores that may come knocking to disturb and probably ruin your schedule for the day.

Entertainment with a Meaning

Reading this will make you think we are just pushing your limits by suggesting such learning gimmicks but trust us when it comes to giving great tried and tested tips. While running on the treadmill switch on the news channel, listen to National Radio and their learning programs while jogging on the seafront in the evening, or probably watch the educative movies when bored of studying. A successful MBA is an art, an art of acquiring an edge, a competitive edge over your competitor.

Incorporate these changes in your daily lifestyle and continue them for a month till they are drilled in your daily life and body life-cycle. This is tough no doubt, but the rewards will be worth it.

 

source :- mbaupdates.com

GD out, excellent communication skills and case-study analysis in at NMIMS

SVKMs Narsee Monjee Institute of Management Studies (NMIMS), is going to herald in big changes in its admission process for the 2013 batch. Besides doing away with the conventional ‘Group Discussion’ (GD), it is planning to introduce additional elements in its online entrance test – NMIMS Management Aptitude Test (NMAT) 2013.

 

 Dr. Rajan Saxena, Vice-Chancellor, NMIMS, said that the institute has been experimenting with the GD for two years and this year the changes will be cemented. “We moved away from the typical GD method and introduced the case-study one. We have seen over the years that a traditional GD throws up the same set of students.Those that come in after getting trained at coaching institutes. They all behave and speak in an expected manner. We wanted individual capabilities to come to the fore and the case study method allows it,” said Dr Saxena.

 

In this rather different kind of a GD, aspirants are given a case study to analyse and then discuss.” This method, helps us unearth characteristics such as logical thinking, decision-making, leadership and data analysis qualities in the aspirants,” added Dr Saxena.

 

Additionally, the term ‘GD’ will also meet its end this year and a new term, something on the lines of ‘Case-study discussion’ will be used at NMIMS.

 

 

Another big decision that NMIMS has taken, is to look at communication skills of applicants more keenly.” We believe that proper and efficient communication skills are very important to excel in corporate life and we will particularly look at them when admitting students,” added Dr Saxena.

 

 

One more big shift that NMIMS is working on is to add an ‘ethical’ dimension to the written test. “We have not fully thought through it but we are speaking to Pearson VUE. The plan is to test candidates on ethical decision making. Aspirants will be given typical corporate problems and asked to take hypothetical ethical decisions .” Dr Saxena disclosed.

 

It is the same story everywhere. B-schools tweaking admission procedures to increase diversity (read more non-engineers and women candidates.) “Next year we will come up with some more changes in the exam pattern to bring in additional diversity,” hinted the Vice-chancellor.

 

 

Registrations from NMAT 2013 have opened. Like last year, students will be be able to take the online test in a window period of about one and a half months from October 11 to December 19, 2012 with a choice of two retakes. In the cases of retakes, the best of three scores shall be considered for admissions to all the MBa programmes by the NMIMS institute at its Mumbai, Bengaluru & Hyderabad Campuses. NMAT 2013 will be conducted at 18 centers across the country.

Source :- pagalguy.com

B-schools ranked 1-25 (non-IIMs) to offer 4531 seats in general category. (All campuses)

 By :-  Shashank Venkat and Astha A

Photo courtesy: kevin dooley (www.flickr.com)

 

Amongst the major changes,  XLRI, Jamshedpur has applied to the All India Council for Technical Education (AICTE) for an increase in the intake in its Post Graduate Programme in Business Management (BM) and Post Graduate Program in Human Resource Management (HRM) by 60 seats each. This would increase the total intake of the institute from 240 to 360. However, this is subject to an approval from AICTE, which is pending.

 

Institute	No of seats	No of seats (2013-15)	Fees structure (2012-14) (in Rs for two years)	Fees structure (2013-15) (in Rs for two years)
5. ISB (Hyderabad, Mohali) (Mohali campus not in top 25)	770	770	23,76,414	23,76,414
6. XLRI (Jamshedpur)	240	May be revised later	12,00000	12,00,000
7. FMS (Delhi)	226	226	21,000	21,000
10. IIFT (Delhi, Kolkata)	207 (Delhi – 150, Kolkata – 57)	May be revised later	13,00,000	May be revised later
11. JBIMS (Mumbai)	120	120	1,99,300	May be revised later
12. SJMSoM, IIT Bombay	120	120	8,98,902	8,98,902
13. SPJIMR (Mumbai)	240	240	9,50,000	9,50,000
14. MDI (Gurgaon)	335	May be revised later	12,00,000	May be revised later
15. NITIE (Mumbai)	274	274	6,00,000	6,26,000 (increase)
16. NMIMS (Mumbai)	300	360	10,20,000	12,00,000 (increase)
NMIMS (Bangalore) (not in top 25)	120	120	8,00,000	9,00,000 (increase)
NMIMS (Hydrabad) (not in top 25)	60	60	8,00,000	9,00,000 (increase)
16. SIBM (Pune)	180	180	10,00,000	May be revised later
18. IMT (Ghaziabad)	480	480	12,70,000	12,70,000
IMT (Hydrabad) (not in top 25)	180	240 (increase)	10,15,000	10,15,000
IMT (Nagpur) (not in top 25)	360	360	10,15,000	10,15,000
19. MICA (Ahmedabad)	180	180	12,00,000	May be revised later
20. TISS (Mumbai)	60	60	1,00,000 (without hostel)/2,00,000 (with hostel)	May be revised later
21. DMS, IIT Delhi	115	115	4,24,000	4,24,000
22. VGSoM, IIT Kharagpur	160	160	6,80,000	6,80,000
23. XIM (Bhubhaneshwar)	300	300	9,00,000	9,00,000
24. SCMHRD (Pune)	200	200	9,80,000	10,40,600 (increase)

Of the top 25 b-schools (exclusing the IIM’s), ten institutes have reservations. These include:

FMS, Delhi – Out of 226 seats, 112 seats are reserved (49.5%). The percentage of reserved seats for NC/OBC is 27% (61 seats), for SC it is 15% (34 seats) and for ST it is 7.5% (17 seats).

IIFT, Delhi & Kolkata – 23% seats are reserved for Other Backward Class, whereas for Schedule Castes it is 15%, 4% for NRI and Schedule Tribes it is 7.5%. This leaves 102 seats under the reserved category.

JBIMS, Mumbai – 19% seats are reserved for other backward class, whereas SC has 13%, ST has 7%. Overall 60 seats are there in JBIMS for reserved category.

SJMSoM, IIT Bombay – OBC and NC: 27% (32 seats), SC: 15% (18 seats), ST: 7.5% (9 seats)

NITIE, Mumbai – 27% seats are reserved for Other Backward Classes, whereas for Schedule Caste it is 15% and Schedule Tribe it is 7.5%. This leaves 137 seats for the general category.

SIBM, Pune – As per Symbiosis International University (SIU) regulations, 15% seats are reserved for SC, 7.5% for ST and 3% for differently abled. There are also two seats for Kashmiri Migrants (children of migrants from J&K; valley) and 15% seats for International students. This makes the total number of reserved seats 75.

TISS, Mumbai – Of the total 60 seats, 49.5% (30 seats) are reserved.

DMS , IIT Delhi – Of the total 115 seats, 49.5% (57 seats) are reserved.

VGSoM, IIT Kharagpur – Out of a total 160 seats, the general category has 79 seats. This leaves 81 seats in the reserved category.

SCMHRD, Pune – As per Symbiosis International University (SIU) regulations, 15% seats are reserved for SC, 7.5% for ST and 3% for differently abled. There are also two seats for Kashmiri Migrants (children of migrants from J&K; valley) and 15% seats for International students. This makes the total reserved seats 83.

 

Source :- pagalguy.com

10 Questions you should ask before joining a Business School in India

Ask these 10 questions and there is a good chance that you will not make a mistake while choosing a business school in India.  Hopefully, answers to these 10 questions will help clear all your confusion.

Do not blindly trust students from media cells or PR companies commissioned to promote business schools. It is their job to create a rosy picture. If you do not have enough credible data on all these points listed below or if the business schools and students refrain from sharing details, you need to be even more discerning.

1) What is the background of the faculty?

It is often the least researched aspect by potential students in India since placements gloss over everything else. However, quality faculty is the single biggest reason that makes a business school truly worth the investment. You should scan their profiles and see where they’ve earned their Doctorate from or which companies they have been associated with. It would be unfair to paint everyone with the same brush but it always helps if professors have been in the industry or have done research at top universities. There are plenty of professors  in some of the top schools in India who have very questionable backgrounds.  However, always check with alumni and current students too!

2) What kind of profiles are offered and what kind of companies visit the campus for recruitment?

Asking for salary figures and 100% placements is the worst way to choose a business school. We will come to that later. But, you need to ask the right questions about placements.  Salary figures are inflated, unaudited and loosely calculated by even the best schools in India. Always remember that you are building a career.

Beware of deception. For e.g. Is the job offered by the multi-national bank in the technology function and is the business school fooling you by reporting it under the Finance domain?  Will you be working for a bank or actually be a part of a KPO?

Scan names of companies and profiles they offer. Try and find out how many students are recruited. Do thorough research.

Schools that can consistently court top companies for the kind of profiles you seek are the ones you should target.

3) What is the placement policy of the business school?

Indian schools are becoming increasingly notorious for churning out unhappy and dissatisfied professionals. In the race to get everyone a job, extremely poor career policies are in place. The focus is on quantity over quality and the system is designed to make graduates insecure and they end up settling for the wrong job. The result : The graduate is looking out for a new job in the first week of joining his/her company. Everyone is the loser here. The company, the student and the business school (the schools loses brand equity among recruiters). You do not want to be in such a business school.

There are schools that force students to take jobs they do not want or sign out in order to declare 100% placements. Ask students about placement policies. Can you decline an offer? Do companies have a pecking order of visiting the campus or do they turn up randomly? Is there a concept of dream companies?

In the end, we would say that you would be better served if you do not have an attitude of entitlement in terms of landing a plush job from campus. But, when you decide to join a business school it will only help to make choices that maximize your probability of getting there!

4) What are my chances of getting international exposure?

Student exchange programmes help. But be careful. Find out the number of seats on offer. Look at the quality of schools where a tie-up is in place. Are there academicians and foreign companies who collaborate with your school? Are there foreign students who will add a new perspective to the classroom?

This is another highly ignored aspect by potential Indian students. You will only know the worth of interaction with students and professors from international schools after doing it. It exposes you to different cultures and mindsets.

5) What is the infrastructure in the business school?

Your experience can be ruined at a place with eternal infrastructure problems. A large campus with state of art infrastructure goes a long way in making your business school experience memorable and even in developing your personality. Visit the campus if possible. Look at connectivity by air and train. Is there a thriving eco-system around the campus that can support a world class business school?

6) Are the alumni happy?

Speak to 3 alumni (all different years if possible) and speak to 3 current students (from different backgrounds if possible). Usually, if you are perceptive enough you will easily figure out whether the place has any culture and unity. Do people have a sense of pride after having graduated from the place? How do they feel 3 years after graduation?

In many ways, this is the acid test. Indifferent alumni means the school will never really go too far and that has an impact on your career.

7) What is the pedagogy?

Kotler’s original work was written prior to 1960.  The world of finance has changed completely over the last 2 decades. If a business school still follows archaic teaching methods, your tuition fees are worth nothing. Are innovative tools used for learning on campus? Do professors go out of their way to be updated with the latest in their field? What proportion of your work is on the field? Experiential learning, anyone?

8) What is the profile of my peers?

Now, this is a tough one in the Indian context since same kind of junta applies to all schools but it is still worth looking at. You are bound to learn more in a school with more diversity. And diversity not only in terms of gender but also in terms of graduation streams, work experience, international schooling/work experience, people from entrepreneurial backgrounds etc.

9) Fees, Scholarships and Financial Assistance

EMIs as a result of student loans can cripple you. Especially, if you graduate without landing a job that pays you at least INR 50,000 per month in hand. In such a scenario, the cost of the MBA programme becomes an important determinant of your choice of school.  There are practically no meaningful scholarships in India. The Aditya Birla and the OP Jindal scholarships are received by very few people and does not cover even 25% of the cost of the MBA programme in most cases.  A lot of schools have large NBFA (Need Based Financial Assistance) kitties but the criteria is so stringent that most middle class general category students will again never be eligible for it.

Do not compromise on your MBA experience by going for an altogether inferior programme. But be mindful of the difference in the fees.  If one saves INR 600,000 – 800,000 upfront it can have a material impact over the period of the entire repayment of the loan.

10 ) What does your heart say?

Follow your instincts. The heart is always right. Do you get a good feeling about a place? Do alumni of certain schools attract you more?  Are you taking the plunge treating your decision as a compromise?  Answer these questions truthfully. You will seldom regret a decision taken on instinct. Those taken after lengthy deliberations aren’t always the best decisions.

Very few schools in India will score well on all the points mentioned above. But this exercise will help keep your expectations real before you enter a business school.

Source :- insideiim.com