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How to choose the right business school? (View Comments)
Prof. M.S.Rao
Posted On Monday, November 02, 2009 at 01:14:35 PM
It is time for students to take a call in joining a Business school for acquiring an MBA. Making the right decisions will help them to come out with quality management education. The time students spend in a B school is very precious. Money is secondary as it can be earned. But when students join a wrong B-school s/he has to regret for wasting precious time of two years. Below are a few tips for choosing the right B-school.
Branding of B-school plays a crucial role. Here is a caveat as all branded B-schools may not deliver the goods because of complacency. Before taking admission in any B-school both parents and students should know the profile of academicians with their research publications, accreditation and affiliations of the institution. They should also look at the profile of visiting and adjunct faculty and the eminent speakers delivering guest lectures.
Few B-schools have niche areas such as Human Resources, Marketing, Finance, Operations, Supply Chain Management etc. Students who are passionate about specialisations may look at niche areas of the institution.
Course curriculum should be benchmarked against top business schools and it should focus on building the competency levels of each of its students so that their employability index becomes high. It should be crafted for discovering leaders among the students.
The teaching methodology should be student centric and not faculty centric. The faculty should provide education which is relevant and appropriate to the students. They should deliver the goods that students are looking for.
Look for academic ambience whether the institution is in serene place favourable for learning and development. In addition, check whether the institution is professionally run.
Look at the Return On Investment (ROI). Is it worth to invest money into the B-school.
Above all, it should bridge the gap between the campus and industry, thus enhancing employability of students.
The right Business school is the one that provides quality management education. Ultimately at the end of the course there has to be valuable takeaways and suitable placements for the students in the corporate world.
To put it succinctly, an ideal B-school should have appropriate curriculum which reflects industry needs and expectations. It should have a strong faculty who can teach with industry exposure with research orientation. It must have quality infrastructure such as library, online platform to meet the growing needs of the students. It should have sharp corporate focus with industry exposure, providing guest lectures and offering placements. Finally, an ideal B-school should have associations and affiliations such as accreditation, reviews and rankings.
Choosing the right Business School is a strategic decision. Therefore, make your decision carefully and acquire this prestigious qualification for a fast career growth.
The author is Corporate Trainer in Leadership Development, India. He can be reached at email: profmsr7@gmail.com
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