Current Bschools: Focusing more on ROI, Less on knowledge.

[suzanned883]

Hey guys,
As an educational consultant I believe that the focus of doing an MBA should be more on knowledge and less on ROI. However I want to know the mentality of the students. I hope we can have a healthy discussion regarding this.

[vibhavr298]

Hi
Ideally the focus should be more on knowledge however the fees and other expenses cost a lot and many students take loans to complete their education which they need to repay. That is why the focus is slowly shifting from knowledge to ROI.

[ramk784]

Unfortunately it is true that students choose MBA Colleges based on the placement packages in hope to recover the amount spent on their education. But you cannot blame them as an MBA course is really expensive and many of them have bills to pay. What is surprising is that even colleges concentrate on publicizing the placement packages rather than talking about the quality of education given to the students.

[prakashm902]

Even though ROI has become one of the key factors for choosing a Bschool, I don’t think people choose their schools only based on that. They also consider the quality of education and various other aspects. And many Bschools have also started stressing on the fact that they are an educational institute and not an employment agency.

[purvip836]

Yes I agree reputed colleges such as iim, isb, sp jain school of global management, stress a lot on the fact that knowledge is more important than ROI.

[ashishk353]

Yes I agree reputed colleges such as iim, isb, sp jain school of global management, stress a lot on the fact that knowledge is more important than ROI.

What is so wrong if students are focusing on placements? You are investing 50 lacks for your MBA so it is pretty obvious that you would want to recover the money after your degree. It is only logical.

[vibhavr298]

That is true! You shell out big bucks to do your MBA and then I don’t think it is wrong if one is concerned about ROI. What is the harm in expecting a good salary? And if a particular college is offering good placements why not go there? It is not like you won’t learn there. And to get a good package you must be capable enough to get through the placements right?

[purvip836]

See I am not telling that it is wrong to take placements into consideration. It is just that students keep stressing on the placement packages. It keeps playing in their mind and hence they miss out on the core essence of an MBA.

[ashishk353]

See I am not telling that it is wrong to take placements into consideration. It is just that students keep stressing on the placement packages. It keeps playing in their mind and hence they miss out on the core essence of an MBA.

Not everyone is the same. And on what basis are you telling that the colleges you mentioned above do not stress on placement packages?

[purvip836]

See I am not telling that it is wrong to take placements into consideration. It is just that students keep stressing on the placement packages. It keeps playing in their mind and hence they miss out on the core essence of an MBA.

Not everyone is the same. And on what basis are you telling that the colleges you mentioned above do not stress on placement packages?

I know not everybody is the same. It is highly relative. This is just my point of view. I know for a fact that these colleges stress a lot on business culture and more to do with experiential learning. For example S P Jain has set its curriculum in such a way that you study each semester in a different city. This gives you global exposure, helps you be more independent and pushes you out of your comfort zone.

[ashishk353]

Ya I understand there needs to be a balance between ROI and learning. I somewhat agree to your perspective. I also feel that if you have a great learning culture and if your institution promotes quality education and new learning techniques then companies automatically recognize this which means placements come hand in hand.

[yashp682]

Dear Suzanne,
I am planning to do my MBA next year and I have narrowed it down to three colleges:
ISB
S P Jain Global
SPJMR
But since I would be investing a lot of money I would like an unbiased opinion regarding their placements. I do not know how much I can trust their websites as the figures maybe fabricated. You would know better since you are an education consultant. Kindly give me your expert opinion.

[suzanned883]

Dear Suzanne,
I am planning to do my MBA next year and I have narrowed it down to three colleges:
ISB
S P Jain Global
SPJMR
But since I would be investing a lot of money I would like an unbiased opinion regarding their placements. I do not know how much I can trust their websites as the figures maybe fabricated. You would know better since you are an education consultant. Kindly give me your expert opinion.

Dear Yash,
I have been an education consultant for 9 years now and I am closely observing the placement trends of colleges across Asia and the Indian Subcontinent. I have noticed that over the years as the credibility of the B-schools increases, the ratio of reputed companies coming for placements also increases.
The colleges you mentioned are prestigious B-schools and I believe they do not fabricate their placement figures. To make it easier for you below are the salary comparisons:

1) S P Jain Global - GMBA - INR18.3 lacs - 2014

2) S P Jain Global MGB - INR15.2 lacs - 2014

3) SPJIMR - PGDM - INR17.2 lacs - 2014

4) ISB - PGP - INR18.1 lacs - 2014[

Warm Regards,
Suzanne Dsouza
Education Consultant

[yashp682]

Dear Suzanne,
I am planning to do my MBA next year and I have narrowed it down to three colleges:
ISB
S P Jain Global
SPJMR
But since I would be investing a lot of money I would like an unbiased opinion regarding their placements. I do not know how much I can trust their websites as the figures maybe fabricated. You would know better since you are an education consultant. Kindly give me your expert opinion.

Dear Yash,
I have been an education consultant for 9 years now and I am closely observing the placement trends of colleges across Asia and the Indian Subcontinent. I have noticed that over the years as the credibility of the B-schools increases, the ratio of reputed companies coming for placements also increases.
The colleges you mentioned are prestigious B-schools and I believe they do not fabricate their placement figures. To make it easier for you below are the salary comparisons:

1) S P Jain Global - GMBA - INR18.3 lacs - 2014

2) S P Jain Global MGB - INR15.2 lacs - 2014

3) SPJIMR - PGDM - INR17.2 lacs - 2014

4) ISB - PGP - INR18.1 lacs - 2014[

Warm Regards,
Suzanne Dsouza
Education Consultant

Thanks a lot suzanne! This has really helped me! :)