Showing posts with label MBA. Show all posts
Showing posts with label MBA. Show all posts

Wednesday, May 14, 2008

The MBA hunt - Part 1

As mentioned in my previous post, about 4 lac Indians try to get into B Schools every year. I, untill recently, fell in the same category. And I led a life of the-typical-MBA-aspirant for about a year. Here's a quick flashback.

The beginning:
As is the case with thousands of engineering students I too was persuing engineering not for the love of it but for the tag. Engineering (and that too Computer Science and Engineering in my case) is considered cool - I was just being cool. Despite being a merit scholarship holder for all semesters my main interest lay in the Student Activity Council, the apex student body of the institute - I loved living the manager's life through it. The outcome was evident - I decided to jump into the MBA band-wagon and to start preparing for the MBA entrance examinations. Since I evaluated myself as a cut-for-MBA material ( conceit?! :) ) I made a list of about 15 institutes which were my targets. I was just not interested in anything of lesser value.
I started with grabbing a big load of old Career Forum MBA study material. The stuff looked comprehensive and I thought that I'll cream it within a stipulated period of say 2 months. Ofcourse, needless to say, the plan crashed and failed. When there's so much fun to have around you, why would you bother to waste time on these two dozen booklets! And thus I could not qualify to be an early starter. This was January 2007.

The beginning again:
May 2007-
My strong extra-curricular background landed me with a super cool internship opportunity in an international students camp at (hold your breath) Kazakhstan. No, that's not some market in Kashmir. It is a former Soviet Union country with a per capita income more than that of India. So now I had to choose between one of the following two options:
1) Go to Kazakhstan and enjoy life and also earn $1000 and later brag about my experience to all my mates.
2) Go to Lucknow and live a hot summer and struggle with B-School entrance preparations.
After some speculation and repetitive coin tossing I decided to not take up the super cool former option; instead took up the hot latter option.

A lot of people spend a lot of time in camparing a lot of MBA prep institutes - I didn't do that. I, under the influence of mob-behavior, just went and joined TIME. Till date I'm not sure how good a decision was that :).
Classes started - I took an overload of them. Did that for one month or so. Then just left it.
Mock Tests started - Started with decent 90+ scores.
Sooner than I thought, it was time to get back to college - to Hyderabad. I continued to stay out of touch with prep classes there too - had lost the money, why lose precious time now? ;).
As you can see, the momentum was not too great. This was August 2007.

Tuesday, May 6, 2008

Top 20 B-Schools of India in 2008 - My Ranking

Every year about 4 lac candidates compete to get into B-Schools in India. Out of these, about 3 thousand make it to the top 20(crème de la crème) schools. In this article, I rank the best of the best B-Schools of the country.
The Objective:
A dozen different magazines publish B-school rankings. However, it is any ones guess how genuine these rankings are. Since none of the B-schools agreed to pay me money to put them on my ranking, I couldn't help but come up with an authentic and unbiased ranking.

I have interacted with many MBA aspirants this year and have taken their inputs on the perceived value of the top B-schools of India. This ranking is a reflection of what the actual MBA aspirant believes. Only Indian B-Schools with 2-year MBA/PGDBA programs have been included. As my comprehensive research is still going on I might update the ranking from time to time.

The Criteria:

1) Present and long-term brand name perception

2) Placements

3) Return on investment

4) Quality of students and toughness of entry-level competition.

5) Infrastructure and intellectual capital.


The Ranking:

1. IIM Ahmedabad and IIM Bangalore

3. IIM Calcutta

4. IIM Lucknow

5. IIM Indore and IIM Kozikhode

7. XLRI Jamshedpur

8. FMS Delhi

9. SJMSOM - IIT Bombay and DMS - IIT Delhi

11. NITIE Mumbai


12. MDI Gurgaon

13. SP JAIN Mumbai


14. VGSOM - IIT Kharagpur 

15. IIFT Delhi

16. JBIMS Mumbai

17. NMIMS Mumbai

18. XIM Bhuvaneshwar

19. IMT Ghaziabad

20. SIBM Pune


Yours truly, till recently, was an MBA aspirant. Now, he is packing his bags to join one of the above mentioned schools for a two-year MBA experience. The journey to one of the top-20 B-schools has been memorable. Ofcourse, the best part - the actual MBA program - is yet to come :).

Comments and reviews from readers, as always, are welcome.