WHICH COLLEGES TO APPLY TO?

WHICH COLLEGES TO APPLY TO?

There are around 2 lakh students (perhaps more) who aspire to do MBA every year. The number is not a reflection of those who only want to go to a specific college but of those who want to do MBA at any cost.

There is a slight problem though – ‘There are more than 3000 B-schools to apply to”. So how should one choose which colleges to choose. There is a very pragmatic approach to this issue.

Choose 1-2 B school in the range of 95%ile.

If possible, try to keep a balance between government and private schools.

Here we present to a list of a candidate expecting 70+%ile in CAT and how he should apply to colleges. The cut off mentioned are tentative and may/will vary this year. Do not take them at face value. And please, this is not a ranking list, just experience.

SEGMENT 1

IIMs are obvious.

NITIE >98

MDI, Delhi (>94) – It went down last time, normally offers 96%ile.

BIM, Trichy (>90) but hard to convert at this percentile.

FMS, Delhi (expect >98 or possibly more)

SEGMENT 2

IITs (first time CAT, expect >90)

MFC, Delhi (they will give you headache, huge preference given to commerce honours last time. Percentile as low as 80 and a high as >100%ile) – Its

NIRMA (around 90)

FORE (80.xx) Very good interview panel, hard to get core MBA at the lowest level.

LBS

IMI

NIT, Trichy (government)

IMT Ghaziabad (Around 95%ile)

MIB, Delhi

SEGMENT 3

FMS BHU, Varanasi ( >83) (Government)

Lucknow University (around 80)

SDM IMD, Mysore (around 75-80)

NIBM, Pune (around 80) Very high weight age to Interview while carving overall cut off)

SEGMENT 4

SDM IMD, Mysore (around 75) They even select candidates on the spot while at interview.

IWSB, Greater Noida  - A good upcoming college focused on entrepreneurship

The line demarcating the colleges is basically to create different segments. You should ideally pick 1-2 colleges from the range you expect to score in CAT with a difference of 5%ile each. This would help you in going after a range of colleges and also making your MBA aspirations more secure.

Also, having a few government colleges like FMS, BHU and others may help you down the line since these have very low fee structures (around 30Ks in FMS BHU).

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