Should location play a role when selecting a B-School?
Location does matter while selecting a B-school. For a well established institute like XLRI, being in Jamshedpur is no longer a disadvantage. This is because it has a brand equity which is looked at by the recruiters while they hunt for the best talent in the country. However, for a relatively new institute which still hasn’t established itself among the better institutes, a location disadvantage is a serious disadvantage for the students. Placements do get affected as some recruiters may not want to travel down to a remote place while they can get a similar talent pool from a place nearby and which is easily accessible.
I am from XLRI Jamshedpur and I can understand the issues quite well.
NO. Location does not play a role in the performance of the Institute, nor should it be used as a selection criterion for selecting admissions to an Institute. You can see for yourself how many IITs and NITs are doing so well in terms of academic learning and placements, despite being located in a place which usually stands nowhere in terms of connectivity or locational advantage enjoyed by a Metro City. Same goes for IIMs too. Many newer IIMs are also rising up the ladder and creating their own specializations or achieving success despite being located far from a Metro or a Tier-I city. Even in Metro cities, extremely few Institutes exist which can match the quality of education provided by the Institutes of National Importance. So, let not the notion of some “locational constraint” cloud your decision in selecting a B-School of your choice. You should consider factors more related to academic learning avenues like faculty strength, profiles, exchange opportunities, recruiter feedback, placements etc while deciding about the admission to the Institute of your choice.
I am an alumnus of IIM Trichy (MBA 2016-2018 batch)
Location matters to the extent that live projects, internships and even some workshops are held in bigger cities which may not be available in tier 2 cities. A student can take initiative and do a lot of work with companies voluntarily. For e.g. TISS being in Mumbai works with a lot of recruiters throughout the year even when summer internships are not on. A TISS student can technically do many more internships and this involves visiting offices etc. There are definitely advantages. Does that mean you should only look at schools in big cities? Absolutely not. Look at Lucknow, Indore, Kozhikode or Jamshedpur. In the end it depends on the student, there are things you can do even if you are in a small city or town. But I would not ignore the location factor completely unless the tier difference between the schools is massive.
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