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Does Ranking Matters While Choosing an MBA College?

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작성자Lois 작성일 24-05-17 조회수 4회

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So, you have all decided to pursue an MBA course and are searching for the best MBA institute. Choosing the best business school may seem a tricky task for most students. If you have just about any inquiries with regards to exactly where in addition to how you can make use of online mba courses, you can call us on our web site. However, there is one parameter that acts as a lifeline - ranking. Multiple organizations and publications conduct comprehensive studies and surveys to rank colleges offering various MBA programmes. Unfortunately, no two rankings published in the same year matches each other. So, there is no perfect measurement that can help you determine the best business school for enrolment.

Standardization In Rankings

One of the most common questions asked by MBA aspirants is whether there is a standardization in the ranking criteria for B-schools. The answer is "no". While one publication ranks schools based on customer satisfaction the other focuses on ROI. Similarly, different publications have their own way to come up with ranks. Some solely focus on corporate recruiters hiring students.

Ranking And Reputation

It is quite common among students to relate rankings and reputation. The number game measures reputation to a great extent and almost all surveys consider multiple factors, though their prime focus differs. A few factors that play a vital role in the numbers game are average salary of alumni, placement success, achievement of objectives and goals and career progress. Though, all of them do say about the quality of the B-school, yet assuming it blindly is not a good idea.

Are Rankings Helpful?

The question is quite dicey. According to a former faculty of a top MBA college in Bhubaneshwar, Odisha, students shouldn't join a college solely on the basis of rankings published in various media. Yes, it is one big factor among many others to consider, but it shouldn't be the only one. If one carefully studies and analyses the algorithms and methodologies used, more information about a college can be unearthed. It may help one know the college culture and its educational environment. It also helps one to know whether the environment suites one's personality or not.



Considerations Beyond The Numbers

MBA is a gateway to a bright future and therefore there is more to consider beyond the numbers. One should look for multiple things such as:


Course Cost

Location of the institute

Relationship with potential employers

In a competitive world with so many B-schools, rankings have become a shortcut to measure the efficiency of a management institute. It is virtually impossible for a student to choose the best college and the numbers just narrow down the institutes offering MBA programmes.








The author is presently working as a lecturer in one of the top online mba courses colleges in Bhubaneshwar . He has an extensive and vast experience in MBA programmes and is associated with several management institutes and colleges in India as a guest faculty.

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