Top
international schools such as Harvard/ Stanford/ Wharton have a
filtering mechanism whereby candidates who don’t think they are
worthy enough for the top universities ‘weed’ themselves out of
the race. Some who view MBA applications as a once-in-a-lifetime
phenomenon go ahead and apply anyway without bothering about their
chances of getting into these schools. At top Indian schools such as
IIMs, there is hardly any filtering mechanism at work. The end impact
is that the top schools globally get a lot lesser applications than
our IIMs. So we aren’t really comparing like-to-like. But anyway,
the main point we want to focus on is that selectivity is still an
important parameter to judge the prestige of a top MBA programme.
international schools such as Harvard/ Stanford/ Wharton have a
filtering mechanism whereby candidates who don’t think they are
worthy enough for the top universities ‘weed’ themselves out of
the race. Some who view MBA applications as a once-in-a-lifetime
phenomenon go ahead and apply anyway without bothering about their
chances of getting into these schools. At top Indian schools such as
IIMs, there is hardly any filtering mechanism at work. The end impact
is that the top schools globally get a lot lesser applications than
our IIMs. So we aren’t really comparing like-to-like. But anyway,
the main point we want to focus on is that selectivity is still an
important parameter to judge the prestige of a top MBA programme.
Check
out the statistics page of any known B-school for data on the current
batch. You will find similar data across most schools. This would
include the class composition (male/ female split, international
students), test scores in CMAT
and
other such exams, age range, experience level, nationalities
represented, undergraduate qualifications and pre-MBA careers. Most
schools try to show a balanced class profile.
out the statistics page of any known B-school for data on the current
batch. You will find similar data across most schools. This would
include the class composition (male/ female split, international
students), test scores in CMAT
and
other such exams, age range, experience level, nationalities
represented, undergraduate qualifications and pre-MBA careers. Most
schools try to show a balanced class profile.
One
word typically characterizes the academic and professional lives of
most candidates before their MBA – homogeneity. Most MBA candidates
would have probably interacted with classmates from the same
nationality during their undergraduate days. In their pre-MBA
careers, the story wouldn’t have been very different, as most
colleagues would have had similar undergraduate profiles. In other
words, it would be highly unusual to find a doctor attending a
mechanical engineering class. The same students, on graduation, would
probably find themselves surrounded by other mechanical engineers
once they join the operational division of an engineering company.
word typically characterizes the academic and professional lives of
most candidates before their MBA – homogeneity. Most MBA candidates
would have probably interacted with classmates from the same
nationality during their undergraduate days. In their pre-MBA
careers, the story wouldn’t have been very different, as most
colleagues would have had similar undergraduate profiles. In other
words, it would be highly unusual to find a doctor attending a
mechanical engineering class. The same students, on graduation, would
probably find themselves surrounded by other mechanical engineers
once they join the operational division of an engineering company.
One
of the unique selling propositions (USP) of an MBA programme is the
diversity it offers. In the process of forming groups for a team
assignment, the marketing professor from the MBA class may very well
add a doctor to the group.
of the unique selling propositions (USP) of an MBA programme is the
diversity it offers. In the process of forming groups for a team
assignment, the marketing professor from the MBA class may very well
add a doctor to the group.
Now
check out the placement page of various B-schools. They would list
the post-MBA destinations for the previous class, their industry,
their function, their average salary (please do remember to stop
salivating after reading those figures) and information categorized
according to many other parameters. Irrespective of your objective,
you’ll have an impressive chart that shows how others have managed
to reach those goals after their MBA.
check out the placement page of various B-schools. They would list
the post-MBA destinations for the previous class, their industry,
their function, their average salary (please do remember to stop
salivating after reading those figures) and information categorized
according to many other parameters. Irrespective of your objective,
you’ll have an impressive chart that shows how others have managed
to reach those goals after their MBA.
The
bigger the applicant pool, the better are the schools’ chances of
ensuring that the charts on their websites and brochures continue to
sparkle year after year.
bigger the applicant pool, the better are the schools’ chances of
ensuring that the charts on their websites and brochures continue to
sparkle year after year.
