A business school is a university-level institution that confers degrees in Business Administration. It teaches topics such as accounting, administration, economics, finance, information systems, marketing, organizational behavior, public relations, strategy, human resource management, and quantitative methods.[/i]
On hearing the name b-school it simply gives me fears and gives me loads of tension and puts me in dual thoughts rather multiple thoughts which school is the best. All management aspirants aspire to study in one of the top B-schools of the country. With this comes into mind if we have to rank these b schools which would have been the top? After few research just came about with the following conclusions with the parameters like the infrastructure, Intellectual Percentile, Admission & Placements, Infrastructure, Scale of operation, Industry Interface, International Linkages.
Here we come to know that the top b-schools are along with their percentile
IIM Ahemdabad 95
IIM Calcutta 95
IIM Indore 90
Management Development Institute, Gurgaon 90
National Institute of Industrial Engineering, Mumbai 90
S.P.Jain Institute of Management & Research, Mumbai 85
Xavier Institute of Management, Bhubaneswar 85
XLRI, Jamshedpur 85
Department of Management Studies, IIT Delhi, New Delhi 80
Faculty of Management Studies - Delhi University , New Delhi 80
Let us have a look at the components of each of the parameters as to how are they calculated or sorted. [/b]
The placement performance parameter includes [/b]
% of students placed
ROI index
(Median, Maximum and Minimum) Salary
Faculty perception
The total of all above is what the placement performance of the institute.
Similarly the lists of points that get included in other parameters are
Intellectual capital [/b]
Books published
Papers published in journals
Journals
Doctoral programme
Faculty attendance at International seminars
Faculty/student ratio
Faculty perception
Industry Interface [/b]
Number of seminars
Revenue from consultancy
Revenue from management development programme
No of research projects undertaken by industry
Incubation cell
Projects launched by incubation cell
Faculty perception
International Linkages [/b]
No. [/b]of students exchange programmes
No. of faculty exchange programmes
No. of students who actually went abroad
No. of faculty who actually went abroad
No. of students who came from abroad
No. of faculty who came from abroad
Recruiter satisfaction %
Infrastructure & facilities[/b]
Campus area
Built up area/ No of students ratio
Computer/No. of student’s ratio
No of books in library
Faculty cabins/No of faculty ratio
Electronic databases
Residential facilities for students on campus
No of single occupancy rooms/students ratio
Management development programme hostel
WI-FI campus
Laptop to every student
Faculty houses/faculty
Facilities such as auditorium, gym, swimming pool etc
Faculty perception
[/b]MBA to me means:[/b]
Unless your parents have pots of gold buried in their backyard, you are going to be working yourself thin to pay off the enormous loans you acquire to complete the program.
Strict admission criteria
B-school feeding students – telling them what to do and what not
Losing focus from real issue and getting lost in the mumbo jumbo
MBA is more of networking
About one in every 4,000 alumni of the top 10 MBA programs were among the highest-paid executives
MBA is all in the name no matter what curricula students have to go through
MBA grads fail to perform is because they often don't have enough practical experience.
These MBA guys leave college with half filled ideas in their brains with no full-fledged stand neither in the practical neither world nor theoretical.
Business education is big business for schools and their professors.
There are considerable questions about the relevance of their educational product and doubts about their effects on both the careers and management skills of their graduates.
Why CEOs Fail," had MBAs
An MBA degree doesn’t help you succeed
No real knowledge is being imparted
Makes you older than your peers
Too many managers
Does your teacher know what he/she’s teaching?
Learn the jargon, know the game
So why the rush for an MBA?
No matter whatever people believe or what they say taking into consideration all the positive aspects of being into b-school viewing your career in mind you would like or dislike it you would opt for an MBA and as far as the rankings are concerend you would also take them seriously if you take your MBA seriously with a lead and plans Business school rankings are important. Top schools turn out highly sought-after graduates. School reputation is important. The more ties a business school has with different industries and employers, the better. Top business schools also tend to attract the greatest volume of recruiters and offer the best opportunities for new graduates.