How to choose your B-schools? Know top B-schools on 5 key parameters

With most of the MBA entrance exams open for registration, you must choose carefully your target B-schools based on quality parameters like their Faculty Strength, Return on Investment (RoI), Rankings.
In this article, MBAUniverse.com brings you factual information of top B-schools on these quality parameters. A careful observation of these quality parameters can help you opt for a valuable MBA degree
But, first lets know what these parameters are, and why these parameters are important indicator of a valued MBA degree?

Faculty Strength: Faculty is core of the academic process carried out in a B-school once you enter there for next two years. A B-school which is high on faculty-student ratio brings you a better academic quality which ultimately reflects in your understanding of management, leadership and other core qualities when you enter the corporate world or become an entrepreneur.

Placement: A B-schools strength also reflects in the kind of placement its passing-out students get. A good placement record of a B-school is an indicator of industry acceptance and job-readiness of the average quality of management graduates of the particular institute.

Programme Fee: You need to check very carefully the total fees of the MBA programmes you are targeting to. Many B-schools have different other fees apart from the tuition fee. However, when you calculate Return on Investment (RoI), it will depend on the total sum of amount that you have to spend during the programme. Therefore, you need to check your RoI expectations with respect to the total amount you need to spend during your MBA programme.

Ranking: Prestigious Rankings can also help you select your B-school options. Most of the Rankings are based on the three broad parameters- Input, Process, Output. These three parameters indicate to the overall quality of B-schools. But you should be cautious of Rankings which are based on perception survey. These rankings can also be misleading sometime. In the following table we bring a comparison of some prestigious rankings along with MBAUniverse.com Rankings 2013.

Location: Last but not the least, before selecting your B-school options you must know the location of the B-school and your convenience at that place in accordance to your personal and family preferences.

While Indian Institute of Management (IIMs) remain all time favourite for B-school Aspirants and capture top slots in almost all rankings, MBAUniverse.com brings here a fact table on top non-IIM B-schools with brief information on various quality parameters to help you decide your B-school options as you appear for different MBA entrance exams like CAT, XAT, NMAT etc.

Stay tuned to MBAUniverse.com on more news and updates on top B-schools in India.