How To Select The Right B-School?

3)     ROI: Related to placements but slightly different. Do not think of an MBA as a short-term investment. It is something that will stay with you for the next forty years. A recognized college charging 20 lakhs fee should be preferred over a mediocre college charging 12 lakhs fee even though both may be providing the same kind of placements.

4)    Accreditation: Again a very important factor if you are planning on joining a new or not so established college. In the past, some colleges had been shut down by MHRD who were not affiliated as per the norms.

5)    Alumni Base: Last but not the least, the alumni base of a college speaks volumes about its quality. Alumni play an important role in the placements of a college. Older IIMs, FMS, XLRI have a huge alumni base to boast of which is aptly reflected in the placement reports of these colleges.

This list is not exhaustive by any means. Other parameters may also be considered based upon individual preferences. E.g. For students interested in entrepreneurship, certain colleges have tailored courses for the same. Similarly, certain candidates are interested in very niche courses like Retail Management or Healthcare Management. However, in any case, the point I am trying to make is to spend considerable time and effort in choosing the right b-school. Do not be swayed by the flashy posters and advertisements you see on the television. Make a wise choice!