B-Schools India

How many Indian CEOs have an MBA?

Does one need to have an MBA to ascend to the top of Indian companies? Not necessarily, but it helps. A Mint analysis shows that 144 of the CEOs of BSE 500 companies, India’s largest listed firms that make up 90% of its market capitalisation, have an MBA. Details were available for only 466 companies. Here, the term MBA is used loosely, to also include the much sought after post graduate diploma in business management or PGDBM that is awarded by the Indian Institutes of Management or IIMs. No other educational qualification comes close. Interestingly 81 of the CEOs are engineers but it is likely that many of the 144 CEOs with MBAs are engineer-MBAs. The Indian Institute of Technology and Indian Institute of Management Combination was and is a popular one. Still, there are 322 companies whose CEOs are not MBAs and it is evident that a B-school background may not be necessary to rise to the top — even in the case of professional managers. Here are five charts on the educational background of India’s top CEOs…Read full story:...

A bigger bang for your MBA buck in India

It pays to read between the lines when B-schools make tall claims There are close to 4,000 business schools in India, and more than 3.5 lakh graduate from these programmes every year. Can the country’s job market create so many well-paying jobs? Before aspirants set out to do their MBA programme, it would be worthwhile to ask what B schools tell you and what you should be asking them. We have a 100 per cent placement record: You will see that even Wharton or Harvard do not have the ability to guarantee a 100 per cent record. What you need to ask is “How many people got placed in the school’s most recent class?” Do not look at statistics on placement from four years ago. Many schools will have 3-to 4-year old statistics. If a school claims to have placed 10,000 people, ask out of how many? Many MBA programmes have multiple branches. Ssimply looking at placement numbers without the denominator is not sufficient. Average salary and the value addition: The average salary of the students was ₹4 lakh or ₹5 lakh or ₹8 lakh Does that average salary include the following: Joining bonus: If the average salary figure includes a joining bonus, or relocation bonus, then that should not be a part of the average salary figure. The joining bonus is not given every year; only the first time. However, some schools will use that for the average figure. Does your average salary include the people who were not placed? For example, if out of 100 people, only 1 gets a placement with a salary of ₹4 lakhs per annum and the remaining don’t get employed, you need to ask if the schools include the zeroes for those...

Top 10 B Schools in India

With Common Admission Test 2014 (CAT) to be held on November 16 and November 22, MBA aspirants are busy with the preparations in full swing. Amid all the stress of preparation it is very important to locate the best B School out of the clutter. In India, approximately 3000+ B-schools exist to satisfy the demand for MBA. However, out of these, only few B Schools impart quality education and bring out leaders. Here is the list of top 10 B Schools in India that will help you take a right decision without going through any hassle. IIM, Ahmedabad: IIMA has been ranked as the number one management school in the country year after year in the last several years. In its latest ranking, The Economist has ranked IIMA at 56 among the top 100 international B-schools in the world that offer full time MBA. With a vision to become an Institute that is globally recognized and respected as a thought leader in management. IIMA churns of best MBA Graduates every year. The selection process of IIMA for MBA level Post Graduate Programme in Management (PGP) is one of the toughest programmes in the world to get into. Out of every 680 candidates 1 got a seat in the 2008-10 PGP batch. IIMA ‘s MBA offering is one of the oldest and most prestigious academic offering. IIM, Calcutta: IIMC has grown into a mature institution with global reputation, imparting high quality management education. It has been playing a pioneering role in professionalising Indian management through its Post Graduate and Doctoral level programs, Executive Training Programs, Research and Consulting Activities. XLRI, Jamshedpur XLRI, Jamshedpur is created with a vision to offer enriching learning experiences to aspiring managers to enable them to...

IIT-Delhi to announce new MBA curriculum

IIT-Delhi’s department of management studies will soon unveil a new MBA curriculum to catch up with the world’s best in business management, officials said on Saturday. The announcement came after the Indian Institute of Technology organised a “MBA Curriculum Review Stakeholders’ Consultation Workshop” in a bid to respond to the changing times and catch up with the world’s best in business management education. According to a statement issued by the premier institute, the workshop focused on developing content that relates to the interests and demands of the industry. It also aimed at obtaining inputs in specific functional areas including information technology and business analytics. Lea la noticia completa en Times of...

India’s MBA Ranking Shakeup

IIM Bangalore was named the number one school in the country, making it to the top slot for the first time since 2002 It comes as no surprise that the majority of India’s top management schools are the government-run Indian Institutes of Management (IIMs). But which of the elite IIMs is the best? For most of the last decade, it has been IIM Ahmedabad, one of the oldest and best-known management schools in the country, but this year there has been a shakeup, according to the Business Today-Nielsen ranking of India’s Best B-schools In the latest ranking, IIM Bangalore was named the number one school in the country, making it to the top slot for the first time since 2002. In second place is IIM Calcutta, followed by IIM Ahmedabad. It is the first time in eight years that IIM-Ahmedabad has not held the top slot, the editors said. The IIMs make up seven of the top ten business schools in the rankings, including IIM Indore, IIM Lucknow, and IIM Shillong. “In the context of business education in India, an MBA degree from an IIM has always been the key to riches, glory and recognition,” according to the Business Times’ article revealing the rankings. The privately funded Indian School of Business (ISB) Hyderabad holds the eighth spot in the ranking, dropping one spot from last year. FMS Delhi and XLRI Jamshedpur both share the tenth spot. IIM Bangalore has made its way to the number one position because of “its unmasked ambition for growth and an increased thrust on research,” according to the ranking editors’ note.Read full...

Executive MBA Programs Gain Popularity in India...

Now, more and more of India’s top business schools are offering one-year executive M.B.A.’s, mostly to computer professionals and others with technical backgrounds For decades, the only way to get into top Indian graduate business programs was to take a competitive entrance exam while still in college. Fewer than 1 percent of applicants were accepted. Those who did not make the cut went overseas if they could, or studied another subject. Once they had moved on, there was no going back. Then, 10 years ago, the Indian School of Business opened its doors in the southern city of Hyderabad, offering something different ” a midcareer M.B.A. in just one year. Enrollment in its flagship program, which requires a minimum of two years of work experience, grew to 575 this year from 126 in 2001. Demand is growing and the school plans to open a second campus next year for more than 200 students in Mohali, in Punjab, one of India’s richest states. Now, more and more of India’s top business schools are offering one-year executive M.B.A.’s, mostly to computer professionals and others with technical backgrounds who want to change careers or take on new roles at their organizations. While the institutions offering such programs say their graduates are every bit as capable as those who receive traditional two-year M.B.A.’s, some employers are doubtful. But teachers, alumni and job-placement officers say there are reasons to believe that recruiters will eventually overcome their skepticism. Demand is climbing at top institutions that offer one-year executive M.B.A.’s. Across the Yamuna River from New Delhi, the Noida campus of the Indian Institute of Management-Lucknow was set up only for executive education. Enrollment in the one-year program was just under 50 for the first three...

U.S. Business Schools Get More Competition From Abroad...

U.S. graduate business schools are losing their iron grip on the thriving market for international M.B.A. students At the 25 U.S. graduate-business programs that award the largest numbers of degrees to international students, applications for the 2011 fall semester declined 4%, according to a survey released Tuesday by the Council of Graduate Schools, based in Washington, D.C. Although international applications to all American business schools rose by 4%, that figure paled in comparison to the 12% growth in international bids to U.S. programs offering degrees in engineering and physical and earth sciences, the survey said. Business-school deans attribute the relatively sluggish growth to a growing number of high-quality competitors overseas. “Schools throughout Europe, Asia and Australia have made huge investments in graduation education in general”more specifically, business school,” said James Wimbush, dean of Indiana University’s graduate school of business. In other disciplines, international applications to U.S. graduate programs rose 9% in education, 8% in arts and humanities, 8% in life sciences, and 5% in social sciences and psychology, making business the field with the smallest increase. The trend is evident in separate data from the Graduate Management Admission Council, which administers the GMAT, the most popular entrance exam for graduate programs in business. GMAC sent less than 78% of its scores to U.S. schools in test-year 2010, ended last June 30, compared with 83% in test-year 2006. During that period, the total number of exams sent jumped to 779,000 from 601,000, according to the GMAC Web site. In one indication of growing international demand for graduate degrees in business, non-U.S. citizens taking the GMAT outnumbered U.S. citizens for the first time ever in test-year 2009, and did so again in test-year 2010…Read full...