8 Sept 2012

Top 20 B-schools in India:


With the B-school admission in full swing, it is time to evaluate the 20 best B-schools of India. Recently, The Week announced the results of their annual B-school survey for management institutes in India. Interestingly, ISB Hyderabad leads the top 20 list of business schools in India, ahead of IIM-Ahmedabad. These rankings are the latest one done this year.

The survey conducted by data provider MaRs (Monitoring and Research Systems Private Limited) is based on information received from multiple sources including data from over 800 management institutes in India, besides survey responses from employers who recruit students, students and alumni, consulting websites and online data sources.

The B-schools were evaluated on four parameters such as Brand Value, Input Value, Value Addition and Ambience. Let us examine these parameters in detail-:

Brand value: The attributes included tie-ups with foreign universities, campus placements, average salary offered to students, profile of corporate visitors and profile of recruiters.

Input value: The input value of an institute comprises of quality of entrance test, number of students with work experience, international students and students from other states.

Value Addition: When we talk about Value Addition, we talk about international linkages, industry visits, visits of industry professionals to the school, profile and strength of the faculty.

Learning ambience: Attributes includes whether the institute has state-of-the-art infrastructure, IT and library facilities and industry-student interaction.

Top 20 B-schools of India


1. Indian School of Business-Hyderabad


2. Indian Institute of Management, Ahmedabad


3. Indian Institute of Management, Bangalore


4. Indian Institute of Management, Kolkata


5. Xavier Labour Relations Institute, Jamshedpur


6. Jamnalal Bajaj Institute of Management Studies, (JBIMS) Mumbai


7. Indian Institute of Management, Kozhikode


8. SP Jain Institute of Management and Research, Mumbai


9. Indian Institute of Management, Lucknow.


10. Indian Institute of Management, Indore


11. Indian Institute of Foreign Trade (IIFT), Delhi


12. National Institute of Industrial Engineering (NITIE), Mumbai


13. Institute of Management Technology Ghaziabad


14. Symbiosis Institute of Management Studies, Pune


15. TA Pai Management Institute (TAPMI), Manipal


16. Faculty of Management Studies (FMS), Delhi University


17. Management Development Institute, Gurgaon


18. Narsee Monjee Institute of Management Studies, Mumbai


19. Xavier Institute of Management (XIM), Bhubaneshwar


20. Sydenham Institute of Management Studies and Research, Mumbai

PS: Business schools like Indian Institute of Management-Bangalore, Indian Institute of Management -Lucknow,FMS-Delhi, Indian Institute of Technology-Mumbai, Narsee Monjee, Mumbai and Symbiosis, Pune that did not participate in the survey. Hence,, the recruiters’ scoring was the basis after the scores were normalized with other schools.

Top 10 B-Schools in Pune 2012


There are just 13 IIMs in the country and they offer just 2650 seats to grab. It is not possible for every student to get seat in premier IIMs of the country. For those students who do not get a seat in IIMs of the country they can search an institute in their city or other cities. There are many top MBA institutes in Pune. Students who want to pursue MBA after completion of their graduation can search for some good B-schools in Pune. There are many management institutes which offer various MBA programmes to students. Some management institutes offerMBA with specialization and some offer general MBA and post graduate diploma in management. IIMs are not the only B-Schools which impart quality education to students, but there are many top management institutes in Pune which are rated as leading management institutes of the country. While choosing a B-School it is really important that students consider few points in mind and B-School ranking is one of the major factor which plays very important role. It is not easy to select any institute but B-school ranking helps you in making right choice. Here is the list of top 10 B-Schools of Pune:

Institute Name
City
Entrance Test
Eligibility
INTERNATIONAL SCHOOL OFMANAGEMENT & RESEARCH (ISMR)
Pune
MH-CET
Minimum 50% marks in Graduation
National Insurance Academy
Pune
CAT,XAT, GMAT, ATMA score
Minimum 50% marks in Graduation
MIT School of Business
Pune
No entrance test required
Minimum 50% marks in Graduation
St.Vincent College of Commerce
Pune
No entrance test required
Minimum Graduate/Post graduate from a recognized university
Sinhgad Technical Education Society’S Sinhgad Institute Of Management
Pune
MH-CET score
Minimum 50% marks in Graduation
Vishwakarma Institute of Technology
Pune
MAH-CET score
Minimum 50% marks in Graduation
Genesis Institute of Business Management
Pune
Written test, CAT/ MAT/ MH-CET score also accepted
Minimum 50% marks in Graduation
Symbiosis Institute of Business Management
Pune
No test score required
Minimum 50% marks in Graduation
Institute Of Management Development and Research
Pune
No test score required
Minimum 50% marks in Graduation
INSTITUTE OF BUSINESSMANAGEMENT & RESEARCH
Pune
Written Test,MAT/ATMA/CAT/XAT/NATscore also accepted
Minimum 50% marks in Graduation

Top MBA Colleges in Sales & marketing In PUNE

1.
Alard Institute of Management Science
2.
Allana Institute of Management Sciences
3.
ASM’s Institute of Business Management & Research
4.
ENA Institute of Management And Technology
5.
Foresight Institute of Management & Research
6.
Indian Institute of Cost and Management Studies & Research
7.
Indian Institute of Job-Oriented Training (IIJT)
8.
Indira School Of Business Studies
9.
Institute of Business Studies & Research (IBSAR-P)
10.
Kasturi Shikshan Sanstha Institute of Management

Top MBA Colleges in Finance In PUNE

1.
Management Institute for Leadership and Excellence – MILE
2.
Institute of Business Studies & Research (IBSAR-P)
3.
Institute of Hotel & Tourism Management
4.
Institute of Management and Entrepreneurship Development
5.
Maeer Mit World Peace University
6.
Maharashtra Institute of Technology, Pune (MIT)
7.
National Institute of Bank Management (NIBM)
8.
Pune Institute of Business Management
9.
Pune University
10.
Symbiosis Centre for Distance Learning (SCDL), Pune
11.
Zenith Institute of Business Management (ZIBM)
11.
Sinhgad Institute of Management (SIOM)

Top MBA Colleges in Human Resource In PUNE

1.
Indian Institute of Commerce and Trade, (IICT)
2.
MITCON Institute of Management (MIMA)
2.
Allana Institute of Management Sciences
4.
ASM Group of Institutes
5.
Balaji Institute of Modern Management (BIMM)
6.
Bharati Vidyapeeth University
7.
ENA Institute of Management And Technology
8.
Indian Institute of Cost and Management Studies & Research (IndSearch)
9.
IndSearch School of Business Management
10.
Pune MBA Institutes – Sales & Marketing Management


Top 10 B-school entrance exams beyond CAT


So you have just taken CAT 2011 and are not very happy with your performance? You’re not sure if you can score a 98+ percentile and make it to IIMs. Don’t fret! Your MBA admission journey does NOT end here.
There are many other premier management institutes of the country that do not grant admission on the basis of CAT score. In fact, some the new IIMs are no match for established institutes like the TISS, XLRI, FMS and IIFT. What is interesting to note is that most of these institutes do not take CAT score for the admissions. While,TISS conduct their own admission tests, some like XLRI accept GMAT and have their own group admission tests.

Most other prestigious B-schools accept scores from common entrances like the MAT, ATMA and GMAT. Most of the states also conduct state-level entrance exams for institutes within the State, and are affiliated to relevant state universities. Most of the state colleges though require that the aspirant lives within the state.


Let us check out top 10 B-school entrances besides CAT-:
S. No
Entrance Exam
Eligibility
Test Pattern
1
Management Aptitude Test (MAT)
Graduate in any discipline from a recognised university. Final year degree course students can also apply. Job experience is not necessary.
Objective type test with multiple-choice questions. A candidate can take the test in two formats: Paper-based Test or Computer Based Test.
2
SNAP
Graduate in any discipline with a minimum 50 % marks
SNAP test is of 2 hours duration and is an objective test with each question having four responses. Student should choose an appropriate response. Each wrong answer attracts 25% negative marks
3
XAT (Xavier Aptitude Test). XAT score is accepted by 77 institutes across the country.
Graduate in any discipline from a recognised University
XAT 2011 had three sections: 1. Verbal Ability and Logical Reasoning (VA), 2. Quantitative Ability and Data Interpretation (QA), 3. Analytical Reasoning and Decision Making Ability (AR)
4
AICTE-CMAT
Graduate in any discipline from a recognised University
The All India Council for Technical Education will launch an online Common Management Admissions Test (CMAT) next year. The test has been launched with a view to reduce the stress of multiple entrance tests taken by students so far. The scores will be valid for admission toAICTE-approved institutes.
5
NMAT (Narsee MonjeeMAT)
Graduate (any discipline) from a recognised University with a minimum 50% marks.
NMAT is a computer-based test of 2 hours duration consisting of multiple-choice questions where a student needs to select one of the correct answers.
6
IIFT (Indian Institute Of Foreign Trade) Test
Recognised Bachelor’s degree of minimum 3 years duration in any discipline.
It is a multiple choice objective type written test of 2 hours duration. It consists of English Comprehension, General Knowledge & Awareness, Logical Reasoning, Quantitative Analysis.
7
TISS Test (Tata Institute of Social Sciences conducts an entrance exam for admission to its Master’s programmes)
Graduate in any discipline from a recognised University.
The Written Test is in two parts and is for 45 minutes. The first part is the Common Objective Test for all the programmes which consists of 3 sections: General Awareness/Knowledge 2. Analytical/Logical Reasoning and Quantitative Ability, 3. Verbal Reasoning.

The second part of the Written Test is the “Programme-Based” test and the duration is 60 minutes for all the courses.

The written test is followed by Group Discussion and Personal Interview.
8
IBSAT (IBS Aptitude Test)
Graduates (any discipline) in English medium with minimum 50% marks
IBSAT is a multiple-choice-questions-based test for 2 hours duration. It tests the student’s ability in quantitative techniques, data interpretation, data adequacy, vocabulary, analytical reasoning and reading comprehension
9
Integrated Common Entrance Test (ICET). It is conducted annually for admission into MBA andMCA courses of all universities in Andhra Pradesh and their affiliated colleges
Qualifying marks inICET-2011 were 25 percent and no minimum marks are prescribed for SC/ST candidates. Students should possess a Bachelor’s Degree of minimum three years duration.

10
MAH MBA/ MMS CET
Bachelor’s degree of minimum three years duration with minimum of 50% marks.
No negative marking. The exam is of 150 minutes duration consisting of 200 objective type questions. Questions will be from the following topics: Verbal Ability and Reading Comprehension, Quantitative Aptitude and Logical/Abstract Reasoning.

MBA vs. PGDM: Which is a better option for me?


Most aspiring managers who want to pursue management studies to give a boost to their careers are very often a confused lot. They want to get the maximum return on their fees and hence do everything it takes to get a degree from one of the renowned B-Schools of the country. In an attempt to make it to IIMs, XLRI or Symbiosis, these students are willing to spend as much time and money as required. They join coaching classes, take practice exams and have mock interviews to make it to the best of the lot.
However, one thing that really confuses them is to go for a MBA from a recognized university or PGDM (Post Graduate Diploma in Management) from IIMs. Let us help you understand the basic difference between the two in India-:


1) Only universities can offer MBA: In India only those management institutes which are affiliated to a university can offer an MBA degree. For this reason institutes like Department of Management Sciences (PUMBA), University of Pune, Jamnalal Bajaj Institute of Management Studies or Faculty of Management Studies can offer MBA degree, as they are affiliated with Pune, Mumbai and Delhi University respectively. Also IIMs, though being the best of the lot, can’t offer MBAs as they are not affiliated with any university. Institutes which are not affiliated to university are autonomous and can offer PGDM (Post Graduate Diploma in Management) degree. However, some of these programs are approved by regulatory bodies such as AICTE.

2) Difference in focus of curriculum: While there are huge similarities in the curriculum of both MBA and PGDM, there are finer points of difference. While MBA focuses more on theoretical aspects of management and is more exam-oriented, PGDM has a focus on building soft skills and is industry-oriented. It prepares you for the job market.


3) Curriculum of PGDM is flexible: Since an autonomous institute does not have to follow university standards, it is free to change its curriculum according to industry standards and change in business environment. Also a PGDM gives you an industry exposure. Whereas it will take time to change the curriculum for MBAs as it is affiliated with a university and it will essentially follow the university guidelines and changing this curriculum is a very slow process.


4) MBAs are more affordable: In compared to PGDM, generally MBAs are more affordable as the fees is almost similar to university standard. You can get a rough idea if you compared the fees of IIM and FMS.


5) Difference in focus: An MBA will help in developing technical skills and business knowledge whereas
a PGDM will prepare graduates for senior level positions in industry and paves the way for a strong corporate career. Hence, if you’re looking for a career in the challenging area of management, you should go for PGDM.

However, one should remember that it is not important whether a student pursues PGDM or MBA. The institution where he is studying is of supreme importance and enhances their employability. If you pursue your management studies from a reputed college which is recognized and offers decent placements, then your chances of employment and going abroad get enhanced.

MBA specializations: 5 hottest options with great scope



1) MBA in Hospital Management: With growing importance of healthcare industry across the globe, Hospital Management professionals have become very sought after. Also with private hospitals mushrooming all over, there is a need for not only skilful doctors but also efficient hospital managers and administrators. However, the job of a hospital manager is very demanding. Besides having an idea of healthcare industry, they also should have a strong finance and marketing background. They need to be updated with advances in medicine, computerized diagnostic and treatment equipment, data processing technology, government regulations, health insurance changes, and financing options. It is a very high-paying and rewarding profession.


2) MBA in Communications: If you’re working in a media house, an advertising agency or a public relations firm, and are looking forward to advance your career, you should pursue a MBA that specialize in communication. This programme will prepare you for mid- to upper-level management positions in these communication career fields. It will prepare you with knowledge and skills to solve communication problems in your office, will teach you how to use new media to transform existing business practices, reach out to popular media and clientele, and manage corporate images. Though MBA communication graduates are not as well paid as graduates of MBA finance or marketing, but they have immense growth prospects.


3) MBA in Entrepreneurship: For those who have an interest in setting up their business or venture, should pursue an entrepreneurship MBA. Entrepreneurial management programs are designed not only for business founders, but also for investors, venture capitalists, and individuals who want to advance in their current companies. This course teaches you how to take important decisions, take risks, and is a great to give a boost to your career. Students taking up this course also learn to evaluate the feasibility of business plans. Institutes offering MBA in Entrepreneurship


4) MBA in Real Estate: With increasing number of developers, projects, introduction of new formats, role of private equities and expansion of multinational companies, real estate industry has grown like never before. It is for this reason that demand for trained real estate managers is on a rise. To give your career a head start, a MBA in real estate and give your career a boost. The program will teach you how to work with the latest trends currently happening in the real estate market and will also prepare to work with any future changes that might occur. The need was felt to provide high-level corporate business administration with an emphasis on real estate and construction. Anyone wishing to pursue real estate development as a career should consider an MBA.

5) MBA in Information Technology: MBA in Information Technology is not that new and is very popular among Indian IT professionals. With the expanded use of IT in all facets of business, the IT sector has seen an unsurpassed growth. An MBA in Information Technology will take your career to new heights. It will help you develop the skills you need to develop business competitiveness and interact effectively with executive management as a strategic business partner. This course is a blend of both technical knowledge and management skills.