MBA Admissions@ How to choose from XLRI, FMS, JBIMS & other top tier B-schools

This article is the first in the series of articles to be published on comparing top B schools on their cut-off percentile, faculty, placements, fee and rankings.

Noida, India (prHWY.com) March 19, 2013 - As the admission dates to different B-schools for the academic session 2013-15 come closer, it becomes extremely important for MBA aspirants to choose the right B School from the multiple admission offers. With increasing number of options in MBA Education, it becomes very crucial to pick a 'fit for you' school based on its merit.

MBAUniverse.com brings you the detailed approach on how to choose the best-fit B-school. If you aspire to pursue MBA from a top B School, you should not compromise on the quality of the institute. This article also brings you inside information on B-schools which are elite non-IIMs.

Evaluate the following factors to pin point the right B school for yourself:

Find your options: It all begins with self analysis. Make a list of institutes in which you have qualified as per your scores in various entrance exams like CAT, XAT, etc. This is your primary list of institutes. Shortlist all those B schools whose application deadline is still open and you qualify as per their eligibility criteria. This will serve as your exhaustive list of B schools where you can fill the application form.

Faculty: The quality standards of education differ significantly among Indian B-schools. Many a times, students neglect the most important part of their management education in a B schools i.e. size & quality of full time faculty, their teaching experience and industry experience should be the key criteria while choosing the right B school for you.

Number of faculties at Top 10 Non-IIM B-schools
Institute, Permanent Faculty, Visiting Faculty
XLRI Jamshedpur, 66, 15
NMIMS Mumbai, 76, 68
FMS Delhi, 33, 18
MDI Gurgaon, 72, 26
SPJIMR Mumbai, 64, 65
JBIMS Mumbai, 5, 89
DMS IIT Delhi, 14, 13
IIFT Delhi, 50, 27
NITIE Mumbai, 44, 13
IMT Ghaziabad, 63, 58
Source: MBAUniverse.com B school Rankings 2013

Placement: Quality of placement is measured by percentage of students placed and their median salary. Placement performance of a B school is the highlight of its MBA/PGDM program and attracts the most number of eyeballs.
An excellent placement season will enhance the credibility of the institute in the market and hence will magnetize a large number of students for admission process.

Following table shows the list of top 10 Non-IIM B schools with their fee structure, cut-off percentile and median salary in placements 2012.

Top 10 Non-IIM B schools
Institute, Cut-off Percentile, Fees (In Rs. Lakh), Placements 2012 (Median Salary)
XLRI Jamshedpur, XAT- 92, 12, 15.5
NMIMS Mumbai, NMAT- 93, 12.62, 12
FMS Delhi, CAT-99, .21, 16.34
MDI Gurgaon, CAT -99, 15.5, 13.65
SPJIMR Mumbai, CAT-92, XAT-92, 9.5, 15.2
JBIMS Mumbai, CAT - 100, 2, 14.9
DMS IIT Delhi, CAT-99, 4, 12.5
IIFT Delhi, IIFT-97.40, 10, 10.2
NITIE Mumbai, CAT-98, 4.3, 10
IMT Ghaziabad, CAT-92, XAT-92, 12.7, 7.8
Source: MBAUniverse.com B school Rankings 2013

Compare Rankings:

To make things clear, the following table will give you the comparative ranks of the top 10 Non - IIM B schools. MBAUniverse.com B School ranking 2013 and the ranks of those B schools as per surveys carried out by Business Today, Business World, The Week and Outlook.

This would give you a clear picture about the stature of the B School across various rankings.

Comparative ranking of Top 10 Non-IIMs
Institute, MBAUniverse.com 2012, Business Today 2012, Business world 2012, The Week 2012, Outlook 2012
XLRI Jamshedpur, 4, 4, 3, 5, 4
NMIMS Mumbai, 5, 7, 7, 15, 13
FMS Delhi, 6, 3, 5, 14, 5
MDI Gurgaon, 8, 8, 14, 12, NA
SPJIMR Mumbai, 9, 10, 4, 6, 8
JBIMS Mumbai, 11, 11, 21, 8, NA
DMS, IIT Delhi, 12, 19, 18, 22, 19
IIFT Delhi, 13, 24, 11, 11, 9
NITIE Mumbai, 14,15,6, 17, 10
IMT Ghaziabad, 15, 13, 9, 13, 11
Source: MBAUniverse.com B school Rankings 2013

You can see a steep difference between the ranks of certain B schools according to different rankings. For example, NMIMS Mumbai is ranked 5th by MBAUniverse.com, 7th by Business Today and Business World and 15th and 13th by The Week and Outlook, respectively. This difference is due to the different methodologies applied in different rankings.

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