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Each and every MBA aspirant would like to know which B-school offers the best placements and also the salary offered before choosing a college. Almost all the top MBA colleges display this information on their websites. However, some of the B-schools that don’t fall within the top 100 sometimes give information in such a manner that an MBA aspirant may end up believing some statistics doctored to paint a rosy picture about the college.
To make an informed decision you should only rely on credible information filed with regulatory bodies. All approved B-schools are mandated to submit data to the regulatory agencies like AICTE or the UGC. They also voluntarily submit such data to the ranking agency of the Central education ministry, the National Institutional Ranking Framework (https://www.nirfindia.org/Home) (NIRF). Besides NIRF, there are credible private agencies like Careers360. The Careers360 ranking depends on data from the institutions’ websites and mandatory disclosures made to AICTE, NIRF and NAAC; information submitted to the UGC; institutes’ placements brochures etc.
Placement reports have to be assessed mainly on the following factors:
Average or median salary: The median salary reflects the quality of placements. Don’t give importance to the highest package as it may be an offer made to an exceptionally well rounded candidate or may be an international placement converted into Indian rupees. The median salary will give you a better picture of all the placements and the average salary across the batch that has been placed.
Percentage of class placed: A college may just have a fraction of its student placed to show a high average salary. Hence, it is important to understand the class size and how many have been placed. However, in the best B schools, a lot of students may prefer to join a family business or make a start-up. So, you should also take the figure of those students who opted out of placement while determining the placement statistics.
To find out the best B-Schools based on placement in Ahmedabad, log on to the NIRF website or Careers360’s tool to compare them: https://www.careers360.com/compare-colleges
Here are some of the top MBA colleges in Ahmedabad base on their ranking:
IIM Ahmedabad : It is ranked No.1 by NIRF. It has a median salary of Rs. 23.3 lakh and 98.1 percent placements.
Nirma University, Ahmedabad: NIRF 2020 puts it at the 44th rank. It has a median salary of Rs. 8 lakh with 77 percent placements.
Shanti Business School, Ahmedabad: Rated AA+ by Careers360, it offers a median salary of Rs. 6.7 lakh with 100 percent placements.
Top MBA colleges that have been either ranked by NIRF or rated by Careers360
College Name
Median Salary (Rs/Lakh)
Placement %
Indian Institute of Management Ahmedabad (1)
23.3
98.1
Nirma University, Ahmedabad (44)
8
77
Maharaja Sayajirao University of Baroda, Vadodara (AA+)
--
Adani Institute of Infrastructure Management, Ahmedabad (AAA)
Shanti Business School, Ahmedabad (AA+)
6.7
100
Dharmsinh Desai University, Nadiad (AA)
3.2
89.3
Sardarkrushinagar Dantiwada Agricultural University, Sardarkrushinagar (A+)
1.62
25
SV Institute of Management, Kadi (AA)
3.04
95.4
Amrut Mody School of Management, Ahmedabad University, Ahmedabad (AA+)
NIRF ranking (in figures) and Careers360 ratings in brackets
For more details on placements offered by MBA colleges in Ahmedabad, write to: admissionhelp@careers360.com
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