Graduating with a Masters in Business Administration (MBA) is the most preferred post-graduate degree in the country. MBA graduate program has been in trend over the years among management aspirants with the belief that it gives an accelerating start to your career. Choosing an MBA college for your job right after graduation or work experience is tedious. You need to research and look over several factors before choosing the right MBA college. This article brings you a few tips to be well-informed and make a better choice of how to choose MBA college for your career.
Courses Offered and Eligibility
While selecting a college to pursue MBA check for the programs offered and see which course interests you the most. Also, different colleges follow different eligibility criteria for admission in MBA. A few colleges shortlist candidates based on management entrance exam scores while some conduct their entrance tests. You need to prepare a list of considering these factors to know how to select MBA college.
Rankings and Accreditations
How to choose MBA college also depends upon the rankings and accreditations the B-school has received. You can check the rankings of these colleges given by National Institute of Ranking Framework (NIRF) and compare it with other colleges. The college standards and different accreditations granted by higher education boards also need to be checked before taking admission.
Location of the College
How to choose MBA college also depend on the site of the institute where you are willing to take admission. MBA programs are available across the world. An in-depth analysis is advisable as to where you want yourself to be employed. The location also helps in with the placement statistics over the years, which makes it easy to know how to select MBA college.
Interacting with previous year students and alumni can again be an essential factor in deciding how to choose MBA college. Their experiences, learnings, recruitment procedures and details of the B-school can be an added advantage of selecting which college to pursue an MBA from.
Another essential tip to know how to select MBA college is to know about the fees to be paid for the course. However, this is not the only deciding factor of choosing the college for MBA. Because even if the costs are high but return on investment is right, then it should not be a matter of concern. Students should make an easy comparison of the fees structure of different programs offered by various colleges.
Various B-schools offer financial assistance in the form of scholarships, loan-assistance courses and fellowships for its different courses. This support is also for business-related competitions or field-based work during the session. It is yet another critical factor to be considered, which helps in deciding how to choose MBA college.
One of the most important criteria in the checklist of choosing a college to pursue an MBA. Management aspirants should always check the placement records of the institute before taking admission in respective colleges. They should inquire about the previous campus recruiters, average salary offered, jobs and sectors provided by various companies etc. before finalizing their decision.
Faculty and Student Ratio
An excellent faculty leads to developing good managers and leaders. Faculty are an essential building block for B-school nurturing young aspirants and preparing them for the corporate world. While choosing the college for MBA, the faculty-student ratio is yet another factor to be looked upon for active learning.
Infrastructure and Culture
Last but not least, after getting shortlisted, students must visit their college campus at least once to ensure the foundation is sound. All the amenities like the library, classrooms, hostel, cafeteria, etc. are there as the required standards. You must also research the culture at the B-school before proceeding for admission in MBA. It enables you to be accustomed to the food, climate or practices followed there. These researches also ease your decision of selecting the college for MBA.
We hope this article will help you to know how to select MBA college as per your requirements and expectations for an accelerating start to your career.