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Tag: MBA

How relevant are the current GD, PI & selection process at BSchools

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Nine out of ten times the chances are more that a B-School will select a student in their selection process. Be it be GD, PI or any other format like micro presentation etc, the chances of someone not getting selected are almost bleak. Leaving the Top 100 Business Schools out of the 5000 odd Business Schools in India; nearly 60% of them don’t create enough value for the student.

It becomes tough for a student to identify which are those 40% Business Schools who can do a fair task. Given the high range of fees the Business Schools are charging one often gets a doubt is it worth to spend Lakhs of rupees on the lower rung B-Schools. India is one of those countries which is showing importance in Engineering, it is becoming a common career choice after +2. Do Engineering then go for Masters simply attempt one of the management entrance exams and get yourself enrolled for the MBA or PGDM course.

It shouldn’t be the case, one must understand the purpose of doing a Masters course and also do some self brain storming to understand about why an MBA is required? Parents readily sending students with a hope of making them highly educated and qualified but they are failing to understand that the exposure what is required will be missed if you hit straight to an MBA without solid work experience. Our advice would be work for atleast two years of time before going for MBA, this will give you an edge even if you do from the not so great Business School you will still have a potential to secure a decent job with a good pay. You can buy a degree but you can’t buy experience that is where the problem is coming. B-Schools are failing to provide placements primarily because the students who are graduating are of no interest to the corporate.

Coming to the relevancy of GD, PI and Selection Process at Business Schools they are simply trash. You will get selected irrespective of how good or how bad you are, all they want is your money. If you are eligible to study like having 50% or more in Graduation with some entrance exam score then you are Welcome to study.

The education quality is degrading time and again, students produced by these low rung B-Schools are selling Soaps and Sim cards there isn’t a point doing that. So research carefully about the kind of placement what you may get after doing your Masters.

Get yourself some knowledge before applying for MBA or PGDM, write to us (visit the link below). We provide you with the best information at no cost.

MBA or PGDM Admissions Guidance

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Top 10 MBA colleges through ATMA

ATMA is held four times for an academic year MBA or PGDM Admissions, once in December, February, May and August. ATMA consists of 180 questions spanned across six sections in three broad domains namely Quantitative Skills, Verbal Skills and Analytical Reasoning Skills.

Top 10 MBA colleges through ATMA

Rank Business School
01 MICA Ahmedabad
02 Welingkar Institute of Management Development and Research (WeSchool), Mumbai
03 Welingkar Institute of Management Development and Research (WeSchool), Bangalore
04 Christ University Institute of Management – CUIM, Bengaluru
05 National Institute of Bank Management (NIBM), Pune
06 Institute of Management Development and Research (IMDR), Pune
07 National Institute of Integrated Learning and Management (NIILM), Delhi
08 St. Joseph’s College of Business Administration (SJCBA), Bangalore
09 Institute of Technology & Management (ITM), Navi Mumbai
10 International School of Business and Media (ISB&M), Pune
11 Entrepreneurship Development Institute of India (EDII), Ahmedabad
12 Institute of Management Studies (IMS), Ghaziabad

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TOP 10 MBA colleges through CAT

Common Admission Test (CAT) is considered to be one of the toughest management entrance exam in India & World wide. The Top 10 Business Schools which use CAT as an entrance exam for shortlisting for further selection rounds are listed below.

TOP 10 MBA colleges through CAT

Rank Business School
01 Indian Institute of Management (IIM), Ahmedabad
02 Indian Institute of Management (IIM), Bangalore
03 Indian Institute of Management (IIM), Calcutta
04 Faculty of Management Studies (FMS), Delhi
05 Indian Institute of Management (IIM), Lucknow
06 Indian Institute of Management (IIM), Indore
07 Indian Institute of Management (IIM), Kozhikode
08 SP Jain Institute of Management & Research (SPJIMR), Mumbai
09 Jamnalal Bajaj Institute of Management Studies, Mumbai
10 Xavier Institute of Management (XIM), Bhubaneswar

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CAT 2013 results declared

The Common Admission Test (CAT) 2013 results have been declared, candidates appeared for CAT 2013 can view their results from the link below. This year a total of 3,335 seats are available across all the IIMs and over 10,000 seats in the participating non IIM Business Schools.

View CAT 2013 Results

Suggested Read

  1. CAT 2013 cutoff percentiles for IIMs
  2. Top 10 Non IIM Business Schools

AICTE will regulate only Autonomous Business Schools not MBA colleges

Change-SignThe Ministry of Human Resource Development (MHRD) which held a crucial meeting yesterday had reportedly found a solution for the ongoing conflict of interest between UGC (University Grants Commission) and AICTE (All India Council for Technical Education). For years AICTE has been regarded as the regulatory body for technical & management Institutions, which from now on will not be the same. AICTE has been demoted to a mere advisory body; while the UGC has been vested with powers to control technical & professional colleges.

Business Schools which are offering autonomous PGDM (Post Graduate Diploma in Management) courses are likely to be spared and they will not be asked to sort approval from the Universities. The likes of SP Jain Mumbai, Great Lakes Chennai, LIBA Chennai, IMT Ghaziabad etc are all autonomous colleges which offer AICTE PGDM courses.

The important conclusion is that Management colleges which offer MBA from an affiliating University will come under the purview of UGC. Autonomous Business Schools which offer diploma courses will be under AICTE’s leadership. The decision will impact the entire MBA education scenario in India and the Banks too need to update their system of sanctioning education loans. No longer AICTE approval makes sense for MBA colleges as they are governed by it’s University regulatory body UGC.

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Find the right Business School for you

IIM Bangalore (Pic for representation)

Finding the right business school in India is a tedious job, especially with Business Schools under MAT (Management Aptitude Test). For Business Schools through CAT (Common Admission Test), XAT (Xavier’s Aptitude Test) or SNAP (Symbiosis National Aptitude Test), there is a structured procedure; participating business schools announce their cutoffs in CAT, XAT & SNAP. Students can predict their scores and apply in advance. Shortlisted students will receive calls from these elite business schools (IIMs, XLRIs, Symbiosis Business Schools) to attend for further round of selection process. The selection process typically involves written assessment or GD, PI or both.

Most MAT colleges, excepting very few doesn’t have this process; as there are over 5000+ Business Schools in India there is a huge supply demand gap. The number of seats across Business Schools are higher than the number of aspiring MBA students. The confusion starts when few business schools simply sent invitation mails to students to attend GD, PI and not to forget those tele-calls, “we have a GD, PI in our Institute premises on so and so date you have been shortlisted to attend”. Those who have not applied to particular business schools too receive brochures, emails, tele-calls informing them to attend the selection process.

One has to understand that irrespective of his or her MAT score, the interview call letters are sent. Only few Business Schools keep a high cutoff in MAT, to name a few Christ University Institute of Management in Bangalore which has 600 composite score as cutoff in MAT and 70%le in CAT.

Now how do you find the right business school for you? Rankings given by media companies are sometimes biased, it doesn’t give a true picture. Some Media Companies rank XYZ business schools ahead of IIMs and it sounds very hilarious as everyone knows it doesn’t make any sense.

Parameters to evaluate business schools

  1. Return on Investment: The tuition fee for your MBA / PGDM charged by the Business School. Remember you are investing 2 years of your time + Lakhs of Rupess. When will you recover the fees? Make an analysis, see the kind of placements the business school offers and match with your Investment. When will you recover your or your parent’s hard earned money.
  2. Authenticity of the college / degree: Check the credentials of the business schools and it’s courses. There are business schools which offer distance MBA programmes and charge a handsome Rs 5 to 7 Lakh fees. It really doesn’t worth, they may show you placement brochures indicating the highest salary as 50 or 60 Lakh and it would be foolish on your part to believe such claims.
  3. Feedback of the current students: Consider taking the current students feedback, they mayn’t open up when you meet them in the campus. Interact with them via social media, contact them over Mobile, ofcourse you can collect their numbers by asking them in the campus.
  4. Batch size: There is a reason why IIMs have limited number of seats; it has to do with something called as faculty student ratio. There is no fun if everyone who has given CAT gets a seat in IIMs; then no one bothers to get into IIMs after few years. No (Good) Business School wants their brand name to be diluted, but few business schools interested in only making money doesn’t bother about limiting it’s MBA batch size. They take hundreds of students, but the big question is how do they place them? So think of it.
  5. Don’t believe reviews online: I don’t know why would anyone just believe the reviews written by some unknown people online. Most reviewers hide their real names and write something which truly is their opinion. Marketers representing business schools take this as an opportunity and inflate reviews.
  6. See it yourself and experience it: There is no harm in visiting business schools individually, it is good for you and for your career. You are going to spend your two years of time + your X amount of money, obviously take a glance and walk through classrooms, library, faculty lounges and interact with current students.
  7. Alumni satisfaction: In very rare cases current students endorse their Business School, for instance I have walked through several business schools in India which are under MAT and surprised to notice that none of their current students endorsed their particular business school, few of them have suggested some other business schools and the story is same after going their. Most students express dissatisfaction over their current business schools, primary reason being tall claims from their business schools at the time of their admission. Sooner or later students find that they are just claims and they turn dissatisfied and few may call them as immature. Talk over to their alumni on social networking sites such as Linkedin and get their opinion too, as they are already in jobs and they sound positive about their business schools. Take current students and alumni opinion.
  8. Parents opinion: If you have educated parents take their opinion too.
  9. Don’t confuse yourself: Don’t confuse by visiting every college in the City, shortlist few and see if these satisfies you and take your admission and stop worrying about it. You can worry before taking the decision but not after taking the decision, so trust yourself. ‘X sounds to be better than ‘Y’ but if you have ‘Y’ you may feel ‘X’ to be better. There are several students who have rolled back after paying the admission fees and joined in similar other colleges. Most Business Schools under MAT fall under the same category Average or Below Average there isn’t much you can expect. If you expect more than crack CAT or XAT.
  10. Be positive: IIMs aren’t anything without talented students, IIMs are top because talented students go there to study. If you have a positive mind set you can excel in any business school, the business schools can only teach you they won’t write or write-off your fate.

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Maharashtra brings back MH-CET for 2014-15 MBA / MMS Admissions

Update: MAH – MBA / MMS – CET will be held on on 15 March & 16 March 2014. The test will be an ONLINE test; there will not be offline (paper-pencil based) test.

About MAH – MBA / MMS – CET 2014

The CET comprises multiple choice objective type questions in the areas of Verbal Ability and Reading Comprehension, Quantitative Aptitude and Logical / Abstract Reasoning. In all there would be 200 questions to be answered in a total time of two and half hours (i.e. One hundred and fifty minutes).

MAH – MBA / MMS – CET 2014 Model Paper

The Directorate of Technical Education (DTE) through a notice on it’s official website stated that it would conduct Common Entrance Test (CET) for MBA / MMS Admissions for the academic year 2014-15. However detailed information has not been published on the website, important information such as the mode of the examination, start date of application, end date of application and the CET date have not been announced.

It is clear that CMAT will now be one of the management entrance tests but not a mandatory test for MBA Admissions in the State of Maharashtra. Elite business schools like Jamanlal Bajaj Institute of Management Studies (JBIMS), Mumbai, KJ Somaiya Institute of Management Studies and Research (SIMSR), Mumbai and Sydenham Institute of Management Studies Research and Entrepreneurship Education, Mumbai will use MHCET ranks apart from CAT, XAT & CMAT.

Earlier we reported that the CMAT (Common Management Aptitude Test) conducted by the technical education regulatory body AICTE (All India Council for Technical Education) has lost it’s shine. The major reasons for rejection towards CMAT is because it is an ONLINE test (Computer based) and also the lack of awareness in the student community about CMAT. According to reports about 39% of seats in management colleges have gone vacant after the state has adopted CMAT in place of the CET for MBA admissions.

Although increase in number of MBA seats may also have inflated the number of vacant seats but still majority points at the CMAT. What is your take? Should CMAT be discontinued or should the state governments keep calm and await a year or two before rolling back to CETs? Share your views in the comments!

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CMAT looses shine as Delhi High Court questions AICTE’s role in regulating MBA admissions

The Common Management Aptitude Test (CMAT) is a management entrance exam conducted by AICTE (All India Council for Technical Education) for MBA admissions in AICTE approved management colleges. Although there were several other management entrance exams which were widely popular such as the CAT & MAT, the AICTE has initiated a new test in the name of CMAT and mandated it on Business Schools. AICTE has forced upon business schools & said CMAT should be the only exam to be considered for MBA Admissions in AICTE approved Business Schools. Several states have scrapped their own state level postgraduate entrance tests to pave way for CMAT.

As CMAT is an online test, it was never a crowd puller; good number of rural students usually take part in state level PGCET. The major reason being, the fee for MBA costs less under government quota vs management quota. This option is available for students opting for MBA in their respective states, since CMAT has taken over PGCETs majority of students were left uninformed about PGCETs being scrapped. Few students couldn’t take part in CMAT since it doesn’t conduct an offline test (paper-pencil based).

Recently a Division Bench of Justice N.V. Ramana and Justice Manmohan of Delhi High court, while hearing an appeal aligned with the Single Bench order by the Federation of Association of Management of Unaided Professional Educational Institutions in India (FAMUEI) questioned the role of AICTE in regulating management education since MBA can’t be considered as technical education. The court said, AICTE cannot intervene in the admission process of MBA courses.

There is no surprise if CMAT is discontinued in the coming years, most university affiliated MBA colleges are turning it’s head towards an university level entrance exam or backing on their respective states to hold a common entrance test followed by seat allotment counselling.

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Feb CMAT 2014 dates announced

The second CMAT dates for the academic year 2014-2015 MBA & PGDM admissions have been announced. The first CMAT was held during 26-09-2013 to 30-09-2013, the next CMAT will be held during 20-02-2014 to 24-02-2014.

Important dates for Feb CMAT 2014

  • Feb CMAT 2014 Registration Start date: 01-11-2013
  • Feb CMAT 2014 Registration End date:  02-01-2014 Extended till 16 Jan 2014
  • Feb CMAT 2014-15 Exam Window: 20-02-2014 to 24-02-2014

Register for Feb CMAT 2014

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IBSAT 2013 important dates

The IBSAT test which gives the students a single window opportunity to apply to 9 IBS campuses will be conducted over a period of 23 days during 16 December 2013 to 7 January 2014. IBSAT is a computer based test, being conducted at 95 Test Centres across India. This test scores the applicant’s ability in quantitative techniques, data interpretation, data adequacy, vocabulary, analytical reasoning and reading comprehension.

About IBSAT

IBSAT is a computer based test, being conducted at 95 Test Centres across India. This test scores the applicant’s ability in quantitative techniques, data interpretation, data adequacy, vocabulary, analytical reasoning and reading comprehension.

IBS Hyderabad

A picturesque campus near India’s Cyber City, with world class facilities and cutting-edge training, means IBS Hyderabad students come out as some of India’s best trained managers.

IBS Mumbai

Set in the financial and industrial capital of India, IBS Mumbai leverages academic rigour with close industrial interaction to bring out the best of every student on campus. The excellent faculty members and state-of-the-art facilities make the intense transformation from student to manager smooth.

IBS Bangalore

Set in India’s IT hub, a city that has lent itself to a verb in the English language, IBS Bangalore brings together the finest faculty and students.

IBS Kolkata

Set in the vibrant and intellectual ‘City of Joy’, IBS Kolkata is committed to training the best managers by combining academic rigour and active industry interface.

IBS Ahmedabad

Set in India’s fastest growing state, IBS Ahmedabad has soared to great heights through academic rigour and regular industry interaction.

IBS Gurgaon

IBS Gurgaon, set in the fast growing corporate city of Gurgaon, has been achieving its vision of creating a new class of managers for the uber-competitive business world.

IBS Pune

Set in the city known as “the Oxford of the East”, IBS Pune has lived up to the reputation of the city by providing world-class management education. The rise of Pune as a corporate centre and its proximity to Mumbai means there is ample scope for applying classroom learning to real life problems.

IBS Dehradun

Set in the picturesque foothills of the Himalayas, also known as one of the “Counter Magnets” of the NCR, IBS Dehradun leverages on its proximity to Delhi by providing holistic management education along with regular industry interaction. State-of-the-art infrastructure coupled with academic rigour, enables IBS Dehradun to create a new breed of managers for the ever evolving business world.

IBS Jaipur

IBS Jaipur, set in the “Pink City” or “Paris of India”, brings together excellent infrastructure along with the finest faculty to train and develop every student into a manager who is ready to perform in the corporate world.

Online registration for IBSAT 2013

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