Why any MBA does not work and you should not compromise on it








India's top MNC recruiter and the MBA institute the prefer



Through my various blog post I had advised people about MBA institutes. The message was very clear:
Even if you are working and not happy with the compensation and the position and if you think MBA can help you on this, you should not look beyond top 50 B schools in India.

You may go through following article


http://simplygovind.blogspot.in/2013/03/myth-and-fact-about-mba.html


So it is very clear that 98% of MBA colleges in India are useless and just selling degrees. They are highly incapable in terms of quality and infrastructure. Choosing a right institute is important.

Below is a report from The economic Times on campus hiring for MBAs

You may refer following snapshot



If you look at this snapshot, an IIM-A graduate is getting between 13-29 lakhs as package. So, it always make worth 15 lakhs and 2 years investment at IIMs rather than wasting 2 years at any low calibre management colleges. 

if you look at recruiter's they are cognizant, amazon, flipkart, ICICI, HCL, Goldman Sachs, Reliance and so on.
If you intend to start career in these companies, you must choose these B schools


These top recruiters are hiring from top 21 B schools only.

Following are the excerpts from The Economic Times

ET reached out to the country's top 21 B-schools and compiled hiring data from nearly a 100 companies to put together the fourth edition of India's top Recruiters List. These included IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Indore, IIM Kozhikode, IIM Shillong, XLRI (Xavier School of Management), XIM Bhubaneswar (Xavier Institute of Management, Bhubaneswar), MDI (Management Development Institute), SPJIMR (SP Jain Institute of Management & Research), NMIMS (Narsee Monjee Institute of Management Studies), IIFT (Indian Institute of Foreign Trade), FMS (Faculty of Management Studies), IMI (International Management Institute), IIM Udaipur, IIM Raipur, IIM Kashipur, IIM Ranchi, IIM Tiruchirappalli, FMS-BHU (Faculty of Management Studies, Banaras Hindu University) and JBIMS (Jamnalal Bajaj Institute of Management Studies) Across the top recruiters list, all companies doled out more offers than last year.
Investment banking major Goldman Sachs ramped up MBA hiring by 17% across divisions including investment banking, global investment research, investment management, finance, securities and human capital management. Women accounted for 28% of the full-time offers. "We work closely with business school partners to identify high-potential female talent as part of our efforts to increase workplace diversity," said Bunty Bohra, CEO, Goldman Sachs Services in India.
Naveen Narayanan, global head, talent acquisition of HCL Technologies, which reentered the top 10 list after a one-year gap says the company visited some 40-odd campuses to hire across three categories. While it hires global engagement managers from the top-ofthe-league B-schools including IIM-A, IIM-B, IIM-C, and XLRI, senior management trainees are recruited from other leading schools including IIFT, IIM-K and IIM- Trichy. It also hires management trainees to support projects in various delivery, sales enabling, and support roles.
So your focus should be to appear for CAT or GMAT (As ISB Hyderabad opts GMAT score only)


Other recruiters like Reliance Industries, which made its debut on the list this time at No. 8, said that this year it had its largest contingent of management trainees join from premier business campuses across the country.
"We are at the mid-point of the largest investment programme ever at Reliance. With such significant plans, it is only imperative that we make significant investments in the talent space," said RIL chief human resources officer Prabir Jha. Earlier in June, at RIL's AGM, Mukesh Ambani had announced plans of investing more than `1.8 lakh crore (about $30 billion) across its businesses over three years.
"Almost all businesses and groups at RIL have the need for management graduates in some capacity or the other. This is also the essence and motivation of being a part of a diversified group like Reliance in which opportunities cut across industries as part of our different businesses," added Jha.
The explosion of e-commerce and the resultant hiring it entails also paved the way for the entry of two giants — one domestic and one foreign — on the list. Rivals Flipkart and Amazon tied for the 9th place based on campuses surveyed, both driven by an aggressive focus on hiring.
"We have grown 100x in the last three years and we don't see any signs of slowing down. As business scales up it's only natural that we will look at expanding our talent pool to support this growth," said Mekin Maheshwari, CPO, Flipkart.










So the message is clear, do your due diligence and opt a top rated B schools only

All the best

Govind
Mumbai
July 27, 2014

Source of exceprts:
http://articles.economictimes.indiatimes.com/2014-07-25/news/52026742_1_management-studies-b-schools-management-research

2 comments:

  1. Dear Mr. Govind,

    I have seen advertisement by edukart.com about NMIMS (Narsee Monjee ) offering Diploma & PGDiploma in Management online. When I asked about examination they have replied that exam will be conducted in india Ahmedabad,Calcutta,Bangalore,Hyderabad,Pune,Mumbai,Delhi..etc.. So my question is that are NMIMS allowed to conduct exam in other states than its territory ?


    Regards,
    Aziz.

    ReplyDelete
  2. no
    Being a deemed university it has to take exam outside campus, second these are just diplomas and not equivalent to MBA

    ReplyDelete

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