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    Visualization: The richest MBA flagship programs among India's top b-schools
    by Apurv Pandit in Visualization, Fees, Intakes, Richest MBA programs on 04 March '11

    This one is for all the intellectuals on PaGaLGuY. Starting today, we're going to be introducing a new format of journalism, one which has been gaining steady ground worldwide, yet is in the process of evolving into a mainstream method of telling stories: Data Journalism.


    We are going to be playing around with interesting data we can get hold of about Indian b-schools and present it in the form of thought-provoking visualizations. What you readers do with this data is completely upto you, because the visualizations will be interactive, allowing you to view the same piece of information from many different angles. Manyeyes, the software used for the visualisation also allows you to create your own visualisation based on the same raw data.


    We are hoping that these visualisations will spark interesting debates and discussions amongst you and lead to newer insights that are learned collaboratively. We will try to keep the scope of the visualizations as useful and the depiction as simple and interesting as possible. At the same time, we'd like to stress that Data Journalism is a work-in-progress worldwide. Perhaps the way you all interact with it will in many ways help shape it as time goes.


    The first visualisation we're publishing shows The Richest MBA flagship programs among India's top b-schools based on the revenue they earn from their flagship programs.



    Source of the data: Official websites and e-brochures of b-schools, AICTE mandatory disclosure documents. Compiled my Shashank Prabhu and myself.

    For some of the b-schools, we have taken more than one programs as flagship (IIM Calcutta's PGDM and PGDCM or XLRI Jamshedpur's BM and HRM, for example).

    B-schools considered: 37 of the top 45 as per the PaGaLGuY B-school Rankings. Those omitted haven't published information about their intake or fees publicly. Anyone in the know, please email us and we'll include them. While calculating revenues, we have not taken into account the tiered-fee-waivers in the Indian Institutes of Management.


    Feel free to play around with the widget and see what you can learn. We'd love to know what you think!


    PS: This widget has been built using Java, but we'll use the more universally accessible Adobe Flash widgets soon.

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    MANIKALKAJI, anuragbaveja & 101 others like this
    • Page 2 of 3  
    • satana awesome. I m thinking onces this is wud be absolutely fantastic to have a look at placements and compare once the reports of most colleges is out. @Apurv- great job. One suggestion - Revenu per student cud also be a parameter to consider here. Though there wud be no concrete sources to find out ho much they spend on each student in lieu of the fees paid. But if their were , profit per student wud be a nice statistic to ponder on . I really want to know how big a money sucker each of these college is and how much of a value do they provide for that money ?
      #21 • 04 Mar '11 Like
    • SheetzTime @Apurv : This is by far the best you have come up with . Solute to you brother.
      #22 • 04 Mar '11 Like
    • ryang @Apurv - Which Java tool have you guys used to build the app. Is it GWT or Ext GWT by any chance? Lateral thinking at its best I would say.
      #23 • 04 Mar '11 Like
    • preetham.d.k Nice job! never knew colleges make so much.
      #24 • 04 Mar '11 Like
    • iota2010 FMS has lowest fee for mba programme and rightly so beacause it is not a residential programme and they have the smallest campus for mba programme .It has just 5-7 classrooms only .
      #25 • 04 Mar '11 Like
    • iota2010 FMS does not have any infra ...and other facilities
      #26 • 04 Mar '11 Like
    • bestmba iota2010 ---- please note that FMS has complete DU infrastructure, at its disposal. Best among all IIM, ISB together. this is perhaps similar to HAVARD Unv/yale Unv.
      #27 • 04 Mar '11 Like
    • sbk1337 @Kinjal Das: read the second para of this article. the app is mentioned as ManyEyes. it is also visible in the bottomm left corner of the app
      #28 • 04 Mar '11 Like
    • sbk1337 @Harish Dalwaipattan: The "popular belief" was true before ISB and others came into picture. Nowadays none of those North India/South India generalization are true.
      #29 • 04 Mar '11 Like
    • satana @my earlier post - just realised it wud be nothing but the fees.:)
      #30 • 04 Mar '11 Like
    • gunvansh good work! it would be interesting to see such comparisons being done based on profiles as well.
      #31 • 05 Mar '11 Like
    • Surya28041986 @Apurv..great work..!! @bestmba....DU vs Harvard/yale campus..!!please..now dont start bringing in foreign campuses in comparision..!!atleast all of them have maintained a respected culture and never come up with comparisions like IIMs vs Xl vs ISB vs FMS etc..! @All..its better if we use this great help of PG to take up our own decisions rather than showing off....!!cause ppl are mature enough to understand how to use all these resources..!! if a person is interested in HR...he is knowledgeable enough to put fight for XL nd not others..rite? No offence meant.
      #32 • 05 Mar '11 Like
    • Surya28041986 @Apurv..i would also like to see a ranking based on specializations..!!i know its difficult to get data...but if you could...it would be a great help for mba aspirants, cause I regularly get mails of ppl asking which college should i join give my interest in this. just an idea...dont know about its feasiblity/
      #33 • 05 Mar '11 Like
    • rickysundrani @Apurv: I suppose this revenue is calculated on the basis of the fees charged by the college. Another thing to realize is the amount they get by the way of application fees. For E.g: http://sibm.edu/AboutUs/directormessage.html SIBM received 28,100 applications. Rs 1000 per application , so that makes another Rs 2,81,00,000 in the college's kitty. Even FMS must be making a lot of money by way of receiving an average of 40000 applications every year.
      #34 • 05 Mar '11 Like
    • jain_ashu @Apurv: The revenue calculated for SJMSOM, IIT-B is wrong. There is a 22.5% reservation for SC/ST category, the fees of whom is 4.9 Lacs. For the rest remaining 77.5% of students that includes NC-OBC also the fees is 8.9 Lacs. Since the batch size is 120. The revenue generated through fees comes out to be, 27*4.9 + 93*8.9 = 960 Lacs = 9.6 crores and not 10.6 crores as mentioned above. I think you have used 120*8.9 = 10.68 crores to arrive at above figure.
      #35 • 06 Mar '11 Like
    • cyborg5021a iimb has 375 seats
      #36 • 06 Mar '11 Like
    • cyborg5021a There are many flaws in the data. like all IIMs provide fee concession to needy students. So straight calculation here doesn't work. No. of seats are also not correct in case of IIMB.
      #37 • 06 Mar '11 Like
    • skullcandy @apurv just wanted to point at a typo in source of date " Compiled my Shashank Prabhu and myself." should have been by shashank
      #38 • 07 Mar '11 Like
    • pillagadu @Ricky: FM only 40000 applications per year? Are you sure?
      #39 • 13 Mar '11 Like
    • anuragbaveja You guys have introduced an interesting concept of Journalism to us. I'm Grateful for this
      #40 • 01 Jun '11 Like
    • Page 3 of 3  
    • anonymous [...] Some work on this front is already taking place. Data Journalism see it for yourself is a phenomenally better way of telling trend stories, a staple of business journalists. This is not merely a different way of doing infographics. This changes journalism because instead of looking for processed inferences, data journalists go out hunting for raw data from their sources, often big data. Instead of the selecting three or four top trends from a study and writing it as a text story, they instead plot all the available data in an interactive visualisation which engages readers to become their own narrators. At PaGaLGuY, weve been doing it too example 1 and example 2. [...]
      #41 • 15 Sep '11 Like
    • dagattani this is just too good... gr8 work puys...
      #42 • 15 Nov '11 Like
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