How to choose the perfect MBA college: 3 critical factors for 2019
For an MBA / PGDM aspirant, securing a place in a top B School is of highest priority. But what are the factors to be considered before zeroing in on the ideal college to pursue a 2-year management programme? Let us find out.

The first thing that comes to mind while selecting the right MBA college is B-School rankings. While there are several rankings published every year by individual organisations, MHRD accepts NIRF (National Institute of Ranking Framework) ranking. According to 2018-2019 rankings, IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow and IIT Bombay are the top 5 B-Schools in India.
With CAT 2018 Result inching closer, aspirants are scrutinising their options for colleges. Everyone has already started looking at the plethora of ranking of MBA colleges in India. However, there is a world beyond rankings. The second critical factor to consider is placements. Most candidates look into past placement records of colleges before they take admission. In this regard also, NIRF has made things easy by providing actual placement statistics, which the institutes have officially submitted to them.
As per them, the top 5 B-Schools in India on basis of the average package offered are IIM A, B, C, SPJIMR, XLRI. Their median placements in the 2016-17 batch were respectively 2148548, 2000000, 2000000, 2000000, 1900000. Please note that here we are talking about median placements and not highest packages.
Arranging top 50 B-Schools in India on basis of their median placements, the highest is 2148548 and lowest is 300000. But, as you can see, placements do not solely determine ranking. Because SPJIMR has fourth best placements yet has an overall rank of 19. Likewise, XLRI has fifth best placement yet ranks at number 5. Another example is IIFT, with 1507000 median placement, is 12th best in terms of placements and yet is at 23rd rank.
How to choose the perfect MBA college: 3 critical factors for 2019
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December 21, 2018
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