The growing focus on MBA education in India, has led a large percentage of aspiring young professionals to seek admission in the top 20 colleges and institutes offering these programs. However, given the limited number of seats that the best colleges have to offer, most students have to settle for institutes that are not a part of this elite group. This in turn has led to the debate about the scope of MBA colleges that are not included in the list of top 20 institutes offering such education.
For accessing the value of education being offered by the colleges that do not fall in the category of to 20 institutes, it is important to consider various parameters. Some of these parameters are discussed below.
General Standing Of The Institute:
There are several colleges and institutes that are renowned for the quality and style of education despite not being included in the top 20 list. As such it is important to take the general standing of the institute into consideration rather while evaluating its scope, which put simply can also indicate the deviation of the institute or the college from the bottom of the list.
The most important factor to consider while accessing the scope of any educational institution is the job prospects it offers to the students. An institute with a good placement record definitely qualifies as one offering its alumni a great career scope as getting a well paying and satisfactory job is surely one of the key reasons for individuals to pursue an MBA program.
Focus On Overall Growth:
Any institute that not only focuses on imparting quality education to its students, but also ensuring their overall growth and development is worth considering. After all management training is not just about understanding facts and figures but also about creating a good team through better communication and confidence building.
Affordability For Students:
Management education is a costly affair and especially when it is carried out at one of the top 20 institutions. Although most such courses are covered by education loans and other such financial assistance, considering the affordability of the students is also important while accessing the scope of the institute.