Unheard FACTS of top B-Schools : Secrets Unmasked!!!

[MvB ACM No9]

Well, Zarine, while you're right about the thread taking a negative turn, I think it's a case of the system having failed to take a positive turn that is leading to this.

As far as the lack of lateral openings is concerned, well, I think that's mainly because the industry is aware of the fact that the IIMs have a large fresher intake and that most workex people also have workex in software.....show them the candidates and they'd take the option.....after all, ISB has succeeded you know....

Puneet, I disagree with you on your reasoning for not stopping placements. I don't think the aspirations of a blind nutcase who is doing an MBA only for the "good life" should be considered when considering the improvement of the system. The system needs to improve to ELIMINATE that kind of person from doing an MBA!!!!! You don't know what you want in life....how the Hell can you know which course to do?????

Finally, let's face it, when it comes to industry interaction (summer placements), it's all just hogwash. The companies use trainees to do a lot of their dirty work (MR etc) or else just ask them to while away doing what they want....PR exercise in the latter scenario....in the former, a cheap way to get MR done AND maintain good relations with the B-school!

Cheers!
Mike

[puneet]

Originally Posted by MvB ACM No9

Puneet, I disagree with you on your reasoning for not stopping placements. I don't think the aspirations of a blind nutcase who is doing an MBA only for the "good life" should be considered when considering the improvement of the system. The system needs to improve to ELIMINATE that kind of person from doing an MBA!!!!! You don't know what you want in life....how the Hell can you know which course to do?????


Cheers!
Mike

elimination of such people is not possible , can a 15 to 30 min PI do it and can the interview panel do it , i doubt and when MBA is THE thing everyone wants to do , it indicates that other areas of specializations are lagging behind to create the same effect and make possible the oppurtunities which sadly only a MBA and very few other specializations offer and honestly dude , as of now , can u suggest me the % of people who are there just for the learnings and the mba experience and not for the placement and how can you change attitude of people in general when other areas of learning and job oppurtunities not being able to offer what MBA offers.

for starters , H-W-S programs are the topmost no doubt but more so they take in people who have had great work exp and demonstarted their abilities and justifibly they got selected . when these people graduate out , it would be senior management for most of them . Our b schools can never reach that
positions due to to intake policy of the exam score being the deciding factor .
ISB is the closest thing comparable to International programs but still then will it reach the likes of H W S , time will tell and i have heard people now questioning isb's intake policy and " quality " of intake.So as mike pointed out , the problem is quite deep and so multi- rooted that it will have to be some real strong initiatives by the b schools themselves which then comes down to conviction and wants and needs depending on factors like resources , faculties etc. which make up the whole b school life tree. And the government has a big say in policies and functioning so if anything has to happen , it might be possible from somewhere there and everyone knows how they operate . so is it possible to revamp the system and do something , the answer is a simple NO atleast for some years to come cause everyone knows the problems and likely solutions too , but then it is Wanting to do and conviction to do so as they say , taking the 1st step.

PS : If Zarine mam becomes HRD minister , then we will see some changes for the good , what say

[born2lead]

Last three Posts:

Originally Posted by Zarine

And Puneet,as you pointed out,how would it differentiate it from other PG courses,if we removed the placements? That's exactly what I'm trying to say.Folks do MBA coz of the placement factor! If my knowledge is correct,H-W-S dont place their students.They dont need to.The quality of the program takes care of them.Why cant our B-schools achieve the same?

Exactly. None the better

Originally Posted by Mike

Finally, let's face it, when it comes to industry interaction (summer placements), it's all just hogwash. The companies use trainees to do a lot of their dirty work (MR etc) or else just ask them to while away doing what they want....PR exercise in the latter scenario....in the former, a cheap way to get MR done AND maintain good relations with the B-school!

After all they are there for Business

Originally Posted by puneet

PS : If Zarine mam becomes HRD minister , then we will see some changes for the good , what say

Any B School grad will do. [Zarine not to belittle you.]
But "Will Power" is the keyword

My $0.02. Ends

[thedragonreborn]

Not really. Not that bit abt H-W-S. there the students dont get "placed". most of them, almost the whole lot actually, are 28+ with their own built up links in the industries and fields that they come from. after the graduate from the BSchool they put that network into action and get reabsorbed with higher salaries and better posis. An MBA is basically done to augment the skills that u have already accquired in a field. not the way undergrads here treat it as a direct postgrad deg option. thats why asian students at H-W-S have a horrid time gettin placed they havin no industry links of their own. if u look elsewhere on PG u'll find the touchin story of an IIT Chennai(BTech)-Stanford(MS)-Harvard(MBA) who still is to get a job to pay off his huge loans taken to pay for his studies in the US. The last thing he cud do was supposedly to join IBM India @ 40000p.m.

[sumit24]

Originally Posted by Garuda

The attendence requirement at IIMB is 75%. But for most of the subjects its invariably 100% cos of the surprise quizzes. If u miss one,theres no make up quiz and so ur screwed. So the subjects with surprise quizzes generally had very high attendence by everyone. I feel this is wrong,cos it totally negates the concept that u can bunk 25% of the classes without suffering.

well the above mentioned stuff holds true for IIFT as well
Plus the reasons to get out

8+ DGPs in one single year you can increase your count in following ways:
1 F in a full credit (courses)
2 D in full credit
1 F in half credit and 1D in full credit
1 D in full credit n 2 D in half credit
2 F in half credit
4 D in full credit
for appreciation of your services to community ( ie for making it a bad place for others)
plus blah blah blah

again below the specified level of attendance you zoom down from B+ to C and so on

we have an I grade for Intelligent people ( like me) where if you miss a component entirely then your result is held back for that particular paper

2.33 out of 4 is the min CGPA reqd to appear in final placement/ getting a PG degree



so get prepard now for the reality


cheers

sumit
MBA(IB)2006
IIFT

[prasunc]

message deleted.

[srinal_2000]

The discussion in this thread has been fascinating. Esp the arguments regarding the intake policy and the placement scenario.

Have to agree with the few souls in here regarding the work ex factor. Me personally thinks that most of the b-schools take in freshers primarily to meet the academic stds they wish to attain ( thou i don't see why work ex guys can't achieve that) and secondly they are more malleable and can be moulded the way the b-school wants to. Mike already pointed out how it is the work ex guys who enliven the class by asking pertinent q's while the freshers take the prof's statement as the gospel truth. And these guys will be out there leading a team....god bless those poor guys. I think this is the primary difference bet b-schools in india and the one's in US and EU.

Of all the b-schools, me thinks IIM K has shown maximum tilt towards the work ex junta (ppl correct me if i am wrong in here). I suppose they want a niche for themselves........and it is heartening that they got it rite.

Regarding the placement scenario.....i think it is tantamount to a prestige issue for most b-schools. The brands that visit and the pay they are willing to offer these grads are perhaps the x factor for a b-school. Let's face it....when we all did our research reg a b-school.....perhaps the first few factors we wud have checked are the one's mentioned above.......nothing wrong in it as it tells u how the b-school is rated by the industry. Perhaps we might exclude the IIM's but for the other institutes this mite have been the way we started our research. That said.....the way the entire placement chapter is conducted raises a question mark for those guys who made it. I know of cases where people have got placed in a totally different sector because it was their first offer and the b-school wud not allow another interview. That can make these 2 yrs meaningless.

I hate it when people say I am looking to do a mba for the returns i get. Hell, name 3 companies who will give me a fat pay-check for free!!!!! Maybe the job u mite be involved will be a white-collar job....but still it wil be taxing and the responsibilities that come with your job will not entertain a 'take it easy' policy.

I think tommorow's india will see a lot more enterpreneurs.......lot more vc's than ever before. I personally believe that you make the finest statement about your self-belief when you go your own way. And if b-school grads show the way.....then it's worth the effort to have made it in there. Then perhaps the intake policy and the placement chapter will have it's long overdue revision.

Srini

[prasunc]

deleted.no value added by my comments.

[imjimmy]

Originally posted by the dragonreborn

if u look elsewhere on PG u'll find the touchin story of an IIT Chennai(BTech)-Stanford(MS)-Harvard(MBA) who still is to get a job to pay off his huge loans taken to pay for his studies in the US. The last thing he cud do was supposedly to join IBM India @ 40000p.m

That seems incredible assuming that the person wud obviously have some work ex between the MS and the MBA. Maybe we was looking to work in a niche area with a minimum compensation. Speculation won't do good ,please Can you post the relevant thread with this discussion.