A quick run through the results of the PaGaLGuY B-school Rankings 2011 with possible reasons explaining why people voted the way they did. Also read how women have clearly preferred b-schools with lower fees or those located in metros over others.
The popular method of measuring the average salary against the fees to calculate the Return on Investment of an MBA program is fundamentally flawed by any basic concept of Finance, says IMI Delhi's Admission Chairperson Prof Himadri Das . He suggests a more sound method to calculate the RoI and demonstrates how it is linked to the quality of the b-school's professors.
Computer-based testing will soon be ubiquitous in India and more management entrance tests will employ technologically evolved methods of assessment. As a consumer os these tests, how do you identify quality in a test? Lawrence M Rudner, Chief Psychometrician of the Graduate Management Admission Council (GMAC) writes a guide to differentiating between a great test and one that is just satisfactory.
India's latent entrepreneurship potential lies untapped because of life skills that aren't taught and social expectations that aren't set right. By addressing these problems in India's bright youngsters through their curriculums, b-schools could lay the seed for innovative businesses that scale to become billion dollar companies, says Vijay Anand, Head of IIT Madras's Incubation Center and Founder of popular startup event 'Proto.in' .
The quality of education among India's business schools has not been able to keep up with their growth in recent years. But if each 'good' b-school mentors the faculty of five lower-rung b-schools in its local region with IIMs taking the lead, vast improvements can be made in the general quality of Indian b-schools, says Prof Suresh Ghai, Director of the KJ Somaiya Institute of Management and Research, Mumbai and former President, Bombay Management Association .