Should you take admission in MBA colleges through management quota ( With an entrance exam ) and not waste a year?

Hello,



See Management (MBA) is a course for designed for gaining the skills of people and time management along with Business operations. CAT, XAT, MAH-CET, SIBM etc are few entrance examinations required for getting into a good college for MBA.



MBA, as seen by the Indian society as the cash cow, is not just for the sake of placements or money. It equips the candidate to be a good, ethical and effective manager.



So completing an MBA program from a average college, but with far greater learning can be suggested. On the other hand if you are sure about getting higher output in the entrance exam than before, than sure you can also choose the option of waiting and cracking the whole process again. For both the options you require to introspect and evaluate your personal capabilities and requirements at that point of time. Like, if time is a constraint for you and due other responsibilities and you might have only a chance to complete an MBA, you compromise on the institute. But otherwise you think you might be able to crack it better the next attempt, you go for that option.



Intropection is the key here.



Hope it helps.



All the best!

Greetings Yash!

Hope you're doing great.

I can totally understand that you want to play safe and want to save a year. It's totally up to you. There is an ample number of management colleges where low CAT or other examination marks can fetch you a seat. I'm not sure about management quota, for that, you have to contact the concerned college. Now, if you want to know my take then, I'll suggest, take a drop and prepare well for competitive exams and land into a Tier-1 or Tier-2 b-schools. If you've gone through the statistics then I don't have to put the data again. The quality of education provided to the students in most of the Tier-3 college is of no use. Students waste 2 precious years of their career and at the end come out unplaced and with a hefty amount of loan which brings a lot of stress later. So, it's advisable to pursue management school from a decent college.

Let me help you with the checklist to find a decent b-school in India:

• College should have proper Accreditations. This is must checkout thing on the list. The credibility and authenticity of the institute attract recruiters to the campus. So, just make sure the college you're trying to take admission should be recognised.
  
• The college should have a Global exposure i.e The college should offer an international exchange program. In this way, you'll learn about the international business culture and also make friends which will help you later on in your life.
  
• The b-school should a good ROI(Return on Investment). It means if you're spending a fortune on your education then the placement should be in accordance with that. For example; FMS, Delhi University is known as the best ROI b-school in India. The student spends just 20k on their tuition fee and gets placed with a minimum package of 21 lacs CTC. ROI should be the second most priority checkout whenever you're applying into a b-school.
  
• As you must be aware that bigger the brand, better the selling rate. Go after college which has Brand value. A lot of companies visit campus based on brand value. Let not go into IIMs, there are several other colleges which attract recruiters. For example; IIFT is an autonomous institute which is known for its unique International Trade curriculum and many big fortune companies visit campus on a regular basis.
  
• Faculty play a vital role in grooming future leaders. Talk to the people who are studying in the Institute of your dream and talk to them about student-faculty interaction and how regular college has guest speakers on campus.
  

Hope, this will help you out. Taking a drop might sound a big mistake but if you can utilise that time and land up into a tier-1 college then it's not a crime. It's up to your wisdom. Guage your capability before taking any step. If you need any help regarding which college to go for, do reach out in the comment section below I'll be happy to help you out.

Have a wonderful day ahead. :)

Best wishes! Cheers!

Hi Yash, MBA is always an one time investment and always doing it at the best, always guarantees a very good future with nice scope. Nearly top 100 coleges in India accepts admissions mostly through, entrance exams only. So doing in the best colleges, is what really matters. And if you have some top college accepting management quota, and still having a good campus profile, then you can certainly join. Wasting a year or not totally depends on an individual, where the situation of the student matters. If you have a work then it is totally fine to waste a year and try to get through top colleges. If you are economically good family, then also you can decide whether to spend money or wait try well next year around. If you come from not so good economical background nor if you are in a position of no job and not getting one, then it is better joining this year itself.