How To Select a B School

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    How To Select a B School - Presentation Transcript

    1. B-School Selection
    2. Myths • I have lost out if I haven’t made it to an IIM • A good institute is all that counts for a good career • I should not have any weaknesses to get into a good B school
    3. What u need to ask ???  Infrastructure  Faculty  Affiliations  Alumni strength (Industry Interface)  Hostel / Fully Residential Program  Location  Time of entrance examination  Work Experience  Placements (last 3 years)  Contemporary Curriculum  Exchange Programmes
    4. Lets look at some clusters
    5. Expected Cutoffs: 98 %tile + NAME OF THE INSTITUTE Indian Institute of Management, Ahmedabad Indian Institute of Management, Bangalore Indian Institute of Management, Calcutta Indian Institute of Management, Lucknow A+ Indian Institute of Management, Indore Indian Institute of Management, Kozhikode Xavier Labour Relations Institute, Jamshedpur Indian School of Business, Hyderabad
    6. Expected Cutoffs: 97 %tile + Grade Institute Management development Institute, Gurgaon SP Jain Institute of Management & Research Institute of Management & Technology, Ghaziabad Jamnalal Bajaj Institute of Management Studies, Mumbai Faculty of Management Studies (University of Delhi) A Indian Institute of Foreign Trade, Delhi National Institue of Industrial Engineering, Mumbai Shailesh J Mehta School of Management, IIT Powai Tata Institute of Social Sciences, Mumbai (Low emphasis on written test)
    7. Expected Cutoffs: 92 %tile + Grade Institute T A Pai Management Institute, Manipal Narsee Monjee Institute of Management Studies, Mumbai Symbiosis Centre for Management and HRD, Pune Symbiosis Institute of Business Management, Pune Indian Institute of Social Welfare and Business Management, Kolkata Xavier Institute of Management, Bhubhaneshwar Nirma University - Institute of Management, Ahmedabad B+ Institute of Rural Management, Anand Mudra Institute of Communications Ahmedabad International Management Institute, Delhi Goa Institute of Management Bharatidasan Insitutte of Management, Trichy Department of Management Studies - IIT Delhi Vinod Gupta School of Management, IIT Kharagpur
    8. Expected Cutoffs: 85 %tile + Grade Institute K.J.Somaiya Institute of Management Studies & Research Indian Institute of Forest Management , Bhopal Department of Management Studies - IIT Madras Department of Management Studies - IIT Kanpur Xavier Institute of Management & Entrepreneurship, Bangalore Xavier Institute of Social Service, Ranchi FORE School of Management Delhi , B University Business School , Chandigarh Symbiosis Institute of Technology & Management, Pune Department of Management Studies - IIT Roorkee Prin L N Welingkar Institute of Management Development & Research Birla Institute of Management Technology (BIM Tech) Lal Bahadur Shastri Institute of Management (LBS)
    9. Grade: C+ Expected Cutoffs: 75 %tile + Alliance Business Academy, Bangalore Indian Institute of Social Welfare and Business Management, Kolkata Department of Management Studies, Goa University, Goa Dept of Management Sciences, Pune University (PUMBA), Pune Faculty of Management Studies (FMS), Banaras Hindu Univ, Varanasi G.H Patel Institute of Business Management, Gujarat Graduate School of Business Administration, Ghaziabad ICFAI Business School, Hyderabad Indian Institute of Forest Management (IIFM), Bhopal Institute For Financial Management and Research (IFMR), Chennai Institute for Technology & Management (ITM), Navi Mumbai Institute of Management Development & Research (IMDR), Pune
    10. Grade: C+ Expected Cutoffs: 70 %tile + Kirloskar Institute of Advanced Management Studies (KIAMS), Harihar Loyala Institute of Business Administration (LIBA) , Chennai Mumbai Educational Trust’s Institute of Management, Mumbai Sydenham College of Commerce & Economics, Mumbai N L Dalmia Institute of Management Studies and Research, Thane SDM Institute of Management Development, Mysore Symbiosis Institute of International Business, Pune SIES College of Management Studies, Navi Mumbai Indian Institute of Science (IISc), Bangalore
    11. Expected Cutoffs: 65 %tile + Shri Ram College of Commerce, University of Delhi, Global Business Operations Indian School of Mines, Dhanbad Indira Group of Institutes, Pune Institute for Integrated Learning in Mgmt. (IILM), Delhi Institute of Management in Kerala, Tiruvanthapuram Institute of Management Studies, Devi Ahilya Univ, Indore Jagan Institute of Management Studies, Delhi Jaipura Institute of Management, Lucknow JDC Bytco Institute of Management Studies and Research, Nasik
    12. Expected Cutoffs: 65 %tile + Asia Pacific Institute of Management (APIM) Entrepreneurship & Management Processes International (EMPI) Amity Business School, Noida Asia Pacific Institute of Mgmt., Dehi B.K School of Management , Gujarat University, Ahmedabad Bharati Vidyapeeth Institute of Mgmt. Edu & Development, Pune Chetana’s R.K Institute of Management & Research, Mumbai Christ College Institute of Mgmt., Bangalore Department of Communication & Management, Calicut Dept of Management Studies, Anna University, Chennai Dept of Management, Madras University
    13. Expected Cutoffs: 65 %tile + Dept. of Commerce & Management, Andhra Univ, Vishakapatnam Indian Education Society’s Mgmt College & Research Centre, Mumbai Indian Institute of Modern Mgmt. (IIMM), Pune Indian Institute of Planning & Management (IIPM), Delhi Department of Business Administration, University of Lucknow Gitam Institute of Foreign Trade Amrita School of Business Institute of Finance and International Management IMS Ghaziabad PES Institute of Technology
    14. Specializations……?
    15. Specializations ? Marketing Finance Systems Human Resource Operations Strategy
    16. Profile of a Marketing Professional • Good communication skills - written and spoken • Creativity • Willingness to travel and meet people and work at grassroots level • Understanding of “Business Environment” • Ability to understand and process customer needs
    17. Career Options • Sales – FMCG – Banking, services. • Product & Brand Management • Advertising • Market Research • Customer Relationship Management
    18. Profile of a Finance Professional • Good with numbers • Keen learner – Economics – Accounts – Tax laws – Company law …etc • Ability to handle pressure (trading)
    19. Career Options • Banking – Corporate – Investment • Project Finance • Corporate Finance • Consulting • Credit Rating
    20. Profile of a Systems Professional • Good Analytical Skills • Project Management • Team Work • Quest for knowledge • Good communication
    21. Career options • System Analysts • Software Development • Project Management • Business Development • Consulting
    22. Some B-Schools… Systems Management Course Institute Post Graduate Program in Software IIM Bangalore Enterprise Management Post Graduate Programme in Computer IIM Calcutta Aided Management Master of Business Administration in Department of Management Studies, IIT Delhi Management System Post Graduate Certificate in Software Xavier Labour Relations Institute Management
    23. Some B-Schools… Information Technology Course Course Institute SPJIMR Virginia Tech Master in Information Technology 's S P Jain Institute of Management & Research (MIT) Diploma in Information Technology S P Jain Institute of Management & Research Three Years Masters in Information Management K. J. Somaiya Institute of Management Studies & Research Three Year Masters in Information Management Prin L N Welingkar Institute of Management Development & Research Post Graduate Diploma in Computer Management Chetana's R.K. Institute of Management and Research Post Graduate Diploma in Management of Information Asia-Pacific Institute of Management Technology Master of Science in Information Technology (CDLHP) Institute for Technology and Management Post Graduate Diploma in Information Technology (Distance Symbiosis Centre for Distance Learning Learning) Masters Programme in IT (IT Business Management) Symbiosis Centre For Information Technology Three Yrs Masters Programme in IT(Software Development) Symbiosis Centre For Information Technology Masters Programme in IT (Network Technology) Symbiosis Centre For Information Technology Masters Programme in IT (Software Development) Symbiosis Centre For Information Technology
    24. Profile of an HR professional • Ability to understand and deal with people of all levels • Ability to cope with unstructured situations • 4 Cs – Creative – Calm – Conceptually sound – Convincing ability
    25. Career Options • Industrial Relations • Corporate HR • Consulting – Head hunting – People consulting
    26. Profile of an Operations Professional • Dealing with ground realities in an organization • Excels in quality of output • Team skills • Very organized in thought and action
    27. Career Options • Manufacturing & Services Industry • Inventory Planning & Control • Design of Operational Systems • Quality & Process Control • Operations Scheduling
    28. Profile of a Strategy Professional • Strong Analytical Skills • Excellent Environmental Awareness • Strong in at least one of the other disciplines and sound in all others • Ability to Innovate during Planning as well as the Implementation Stage
    29. Career Options • Consulting • Enters the Top Management Team of an organization by climbing his way through and across various disciplines
    30. Specialised Institutes
    31. Agri-Business Management and FBM Agri-Business Management Course Institute Post Graduate Program in Agri Business IIM Ahmedabad Management Post Graduate Program in Agri Business IIM Lucknow Management Masters Programme in Agri Business Management Symbiosis Institute of International Business Family Business Management Course Institute Post Graduate Diploma in Business Management Narsee Monjee Institute of Management Studies ( Family Business ) Family Managed Business Program S P Jain Institute of Management & Research Professional Program in Family Managed Business Prin L N Welingkar Institute of Management Development & Research MBA in Family Business and Entrepreneurship Nirma Institute of Management Post Graduate Diploma in General Management with Symbiosis Centre for Management and Human Resource Family Business and Entrepreneurship Focus Development Post Graduate Diploma in Entrepreneurship and Birla Institute of Management Technology Family Business
    32. Rural Mgmt. / Telecom Mgmt. Rural Management Course Institute Post Graduate Programme in Rural Management Institute of Rural Management Anand Three Year Fellow Programme in Rural Management Institute of Rural Management Anand Post Graduate Diploma in Rural Management Xavier Institute of Management Bhubaneshwar Post Graduate Diploma in Rural Management Indian Institute of Rural Management Post Graduate Diploma in Rural Development Xavier Institute of Social Service Telecom Management Course Institute Post Graduate Diploma in Telecom Management Symbiosis Institute of Telecom Management MBA Telecommunication Systems Management Department of Management Studies, IIT Delhi Master of Science in Electronics and Institute for Technology and Management Telecommunications (CDLHP) Post Graduate Diploma in Telecom Management Asia-Pacific Institute of Management
    33. Fellow Program Course Institute Fellow Programme In Management IIM Ahmedabad Fellow Programme In Management IIM Bangalore Fellow Programme In Management IIM Calcuta Fellow Programme In Management IIM Lucknow Fellow Programme In Management IIM Indore Fellow Programme In Management Xavier Labour Relations Institute Doctoral Programme (Ph.D.) Faculty Of Management Studies Exe.Fellow Programme In Management Management Development Institute Fellow Programme In Management Management Development Institute Fellow Programme National Institute of Industrial Engineering Ph D Programme Indian Institute Of Foreign Trade Doctoral Programme In Management Shailesh Mehta School Of Management , IIT Powai Doctoral Programme In Management Narsee Monjee Institute Of Management Three Year Fellow Programme In Rural Management Institute Of Rural Management Anand Doctoral Programme In Management Department Of Management Studies, IIT Delhi Fellowship Programme In Management International Management Institute Ph D Programme Nirma Institute Of Management Ph D In Management Department Of Industrial & Management Engineering, IIT Kanpur Ph D Programme In Management Department Of Management Studies, IIT Roorkee Fellow Programme In Management Indian Institute Of Finance
    34. Typical questions in forms • Career goals/plans - ST/LT • Why an MBA? • Hobbies/interest areas-academic - non academic, extra curricular activities • Strengths/weaknesses- personality traits • What does success mean to u • Family values • Eg of …team work, leadership, success
    35. Points to be noted while Answering • Be genuine • Write only those things that you can justify • No body will take your arguments at its face value • Make a career road map for yourself
    36. Career Road Map • Look at your background • Introspect, find out your – strengths and weaknesses – Interest areas • Think as to what you would like to do after 5 years/ 10 years in terms of – Area of work – Industry where you would like to work – Specializations
    37. Long term Goals • Ask yourself these questions: – Are there industries you want to be part of ? why? – Are there companies you want to be part of? Why? – Are there people whom you admire? Why? • Know more about all the above – Read newspapers, magazines, surf the net
    38. Contd…… • Do a gap analysis – What are the requirements versus what do you have • Think of the best ways to acquire skills that you don’t have • Finally, see how MBA helps you get there, in terms of – Knowledge – Skills needed – Industry exposure – Networking
    39. Remember, MBA is just the means to get to your goal, not an end in itself.
    40. Test Patterns
    41. SNAP… Snapshot of last year Possible Possible Section No. of questions Total Marks Suggested Time Attem scor pts es Quantitative Ability, Data Interpretation & Data 50 50 35 minutes 20-25 15-18 Sufficiency Logical Reasoning & Analytical 35 70 45 minutes 22-25 35-40 Reasoning General Awareness: General knowledge, Current affairs, 40 40 15 minutes 20-25 10-12 Business scenario General English 40 40 25 minutes 30-33 22-24 Total 165 200 120 minutes 92-100 90 Institute Approximate Cut-off SIBM 88+ SCMHRD 78+ SIIB, SIOM 70+ SIMC, SCIT, SITM, SIMS 60+
    42. So What’s new in this year Section No. of questions Total Marks Quantitative Ability, Data Interpretation & Data 40 40 Sufficiency Logical Reasoning & Analytical 30 60 Reasoning General Awareness: General knowledge, Current affairs, 40 40 Business scenario General English 40 40 Total 150 180 Read all the GK questions + questions in the Mgmt Compass CD carefully
    43. NMAT Total Questions: 200 No. of Options per question: 4 Time: 150 minutes Negative Marking: 0.25 Possible Scores Number Section of sections: No sectional break-up. 1 Time mark. Number of Possible S. No. and questions Attempts Overall Cut-offs 1 Language Skills 40 30 minutes 25 22 2 Numerical Skills 40 35 minutes 20 - 23 15 3 Data Analysis and Sufficiency 40 35 minutes 23 - 25 18 Intelligence and Logical 4 40 35 minutes 22 - 25 18 Reasoning Indian and Global 5 40 15 minutes 20+ 16 Environment Total 200 150 minutes 108 - 115 90+
    44. New NMAT Number of S. No. Section questions Total Questions: 150 1 Language Skills 40 No. of Options per question: 4 Quant skills, Data Analysis Time: 120 minutes 2 60 and Sufficiency Negative Marking: 0.25 Number of sections: No Intelligence and Logical 3 40 Reasoning sectional break-up. 1 mark. Total 150 New NMAT: No GK, Quant and DI has been merged. Ensure that you do well in all sections
    45. XAT Cut-Offs for XAT 2007 and Sectional Cut-offs for XLRI Number of Topics XLRI BM Cut-offs Section questions 1 EU and RC 41 12 - 13 LR and 2 Decision 40 10 - 11 Making 3 QA & DI 49 9 - 10 Total 130 35 -36 Overall Cut-offs for Institutes under XAT: 35-36 Expected cut-off XLRI - BM Expected cut-off XLRI - PMIR 33-34 Expected cut-off SP JAIN 32-33 Expected cut-off XIMB 28-30 Expected cut-off GIM/BIM 25-27 Expected cut-off LIBA 21-23
    46. XAT 2007 Section Topics Number of Suggested time Possible XLRI BM Cut-offs questions Attempts 1 EU and RC 41 40 minutes 20+ 12 - 13 LR and Decision 2 40 40 minutes 14+ 10 - 11 Making 3 QA & DI 49 40 minutes 16+ 9 - 10 Total 130 120 minutes 50+ 35 -36 Parameter XAT 2007 XAT 2006 XAT 2005 XAT 2004 3 Number of sections 3 3 3 130 Number of questions 127 175 200 (80+60+60) Difficult Difficulty level (Overall) Difficult Average Average 35+ Expected cut-off (BMD) 32+ 70+ 108 33+ Expected cut-off (PMIR) 28+ 65-68 104 10+ Expected cut-off (QA and DI) 7-8* 25-27 28 to 30 11+ Expected cut-off (LR) 10-11** - - 10+ Expected cut-off (EU and RC) 11-12 27-28 58 “Economic Growth without environmental damage – a mirage or a reality”
    47. JMET • 150 questions • 120 minutes. • 4 sections , correct answers carried 1 mark and incorrect answers negative 0.25 marks Ranks within Probable Cut S. No. Institutes which to offs expect a call 1 S.J.M. SOM, IIT Mumbai 300 70+ Faculty of Management, IIT 2 600 65+ Delhi 3 V.G.SOM, IIT Kharagpur 1000 62+ 4 Other IITs and IISc 1600 58-60
    48. JMET Possibl S. No. Of e No. Of Possible N Section Questi Time Atte Marks scores o ons mpt . s Verbal Communicatio 1 40 40 25-27 30 18 n 2 Logical Reasoning 40 40 15-16 30 12 Quantitative 3 Ability 40 40 13-14 35 10 Data 4 Interpretation 30 30 15-16 25 13 Total 150 150 70-75 120 65+
    49. FMS Total Time: 120 min Total No. Of Questions: 175 Marking Scheme: +4 for correct answer and –1 for wrong. Number of Possible Suggested Section Topics Quest Possible Score Attempts Time ions 1 English Usage 21 10-15 10 minutes 40+ 2 Reading Comprehension 36 20-25 30 minutes 70+ 3 Analytical and Verbal Reasoning 59 20-25 40 minutes 90+ Quantitative Aptitude and Data 4 49+10 35-40 40 minutes 120+ Interpretation Total 175 90-110 120 minutes 320+
    50. MAT Total Question: 200 Total Time: 150 minutes Marking Scheme: 1 mark for each correct answer & ¼ negative for wrong answer No. of Options: 4 Total Possible No. of Whtg/ Sgted. Section Possible Scores Mar Attempt Ques. Ques. Time ks s Intelligence and Critical 40 5 200 35 32 150 Reasoning Mathmatical Ability 40 5 200 35 35 160 Language Comprehension 40 5 200 35 34 160 Data Analysis & Data 40 5 200 35 32 150 Sufficiency Not Indian & Global consi 40 - 10 20 Not considered Environment dere d Total 200 800 150 150 620+

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