Top Banking School
Top Banking School is round three thousand institutes proposal banking education. Of these, only a few schools can boast of imparting education of transcendent quality, consider out leaders, and hence are worth joining. Given the large number of institutes, especially with their cocky claims (actual and otherwise), it is difficult for a student to make the right decision regarding the collecting of an institute. That the term of a ‘top Banking School’ varies between people and across years makes matters greatly intricate. Throw in into this combination is the fact that a lot of Banking Schools make exaggerated claims and we have an exceedingly complex situation that makes it difficult to make the right decision. To be able to cut through the chaos and identify these ‘top Banking Schools’, it is necessary that one understands the key parameters to be used to evaluate and differentiate amid Banking Schools so that one can arrive at a consideration set of schools that they can apply to.
This is a complicated process that needs a lot of research to get the correct information about the required parameters and then the capability to use the information in a meaningful manner. This also requires the Capability to cut through the conceit claims of many B-Schools on various aspects.
With the objective of helping our students to make the right judgment without going through this complex process, Career Plus releases a list of India’s top B-Schools annually. This list take apart B-Schools into various categories, thereby aiding the in taking the set of B-Schools to apply to. This list is made using a methodology that has a proven track record of over a decennary, after months of extensive research by experts who have over two decades of experience in guiding students on Indian Banking admissions.
In this reference, we bring you two important aspects: (a) various parameters that need to be sight at while verifying the credentials of a B-School and (b) Career Plus‘s list of the Top B-Schools in India for 2016.
PARAMETERS FOR VERIFYING THE CREDENTIALS OF A B-SCHOOL
(a) Quality of students
The quality of students on campus makes a giant difference on account of the interplay that students have with their peers. A considerable proportion of the learning at any good B-School happens outside class and a fairly significant part of this comes from peer learning. A exalted deal of learning at any B-School is on account of group activities such as assignments and projects. Hence, better the peers, wealthy is the learning experience. The quality of the selection process (in terms of the percentile/cut off in the written exam, the rigorousness of the GD/Essay-writing/Interview, profile of the students, etc.) adopted by the institute gives one an opinion about the attribute of the students it admits.
(b) Quality of faculty
The attribute of the inputs one gets at a B-School is driven by the attribute of the faculty. All top B-Schools make significant investments to attract and retain a top-notch faculty team. Most top B-Schools have a judicious mix of full day- and part-time in evening faculty members. The full-time faculty team supplies the continuity and monitoring that is needed over the two-year duration, apart from providing any hand holding
Expected by students. The part-time faculty team gives students the much-needed external divestiture, considerably in terms of contacts with industry and access to real time projects. Many data points concerning the faculty – their longevity at the school, their investigation contributions, association/collaboration with foreign schools, etc., along with something as basic as the number of faculty with doctorates – help students get an oversight of the attribute of faculty at the school.
A large number of management institutes boast of a 100 per cent placement record. With management mushrooming all over the country, these demand should not be taken at face value, and should be pore over closely. As long as these claims may not be outright lies, they could be cleverly camouflaged by ‘requisition some students to pick out of placement procedure’.
It helps to deem that all companies that B-Schools claim to be recruiters from their campus necessity not necessarily be picking up students in the final placement process. Some/many of them may be those who hired students for summer internships. Students should make the necessary effort to get a clear picture about this before making their judgment, particularly if they are basing their decision on the kind of companies that meeting the campus.
However, it is also vital to note that placement numbers reveal only short-term trends. What may not be obvious is the long-term profit that the school could offer. Hence, one could make a mistake if one looks only at the placement figures.
(d) Image of the Institute
It does not need any special accentuation to state the importance of the image/brand-value of the B-School. It is fairly explicit even to a cursory observer of the Banking scenario that stronger the brand, better will the placements be in the short term and more profitable will the career be in the long term. The ‘brand image’ of a B-School in the student summation and its assent in the industry circles is hence one of the key considerations while selecting a B-School. as long as it can be said that it is natural for older institutes to have a better reputation than the new schools, it cannot always be generalised. Also, the situation is slightly different when an older, well-established institute set up a new campus. In such matter, the ‘parent/guardian’ institute certainly helps the new institute through its originative years. This help may include, but may not be limited, faculty support, admissions support, and most importantly, placement endorsement.
The long-term advantages of federation with a good brand often overhaul the short-term parameters such as ‘salary’. Students should deem that the brand value of B-Schools, for example, that of the Banking, has the power to open doors in the corporate world; this would mean admission to people and in many cases, it would make the difference between a deal and a no-deal. Long after a student has passed out of an institute, he/she will benefit from the power of its brand image – both in career evolution and in the day-to-day work/business. Not only students, the image of the school helps in attracting faculty as well.
(e) Location of the B-School
Location indirectly impresses the placements on the campus. Placements are better at institutes stationed in places where there is a concentration of business and industry. This is because companies search it much easier to recruit management graduates from institutes located closer to their own headquarters rather than travel to an institute that is located far away.
For this reason, everything else arrears the same, institutes located in Mumbai, New Delhi, and Bengaluru always score better than institutes based in other cities. Hyderabad, Pune and Chennai make up the next level of cities. The impact of location on the institute becomes more straightforward as we go down the category list.
If we look at the six new IIMs again, we understand that in malice of the non-metro character of their locations, these Banking are able to attract the best of students and are also able to draw and inhibit senior faculty..
(f) Quality of infrastructure
One of the important things expected for an banking institute to function satisfactorily is the availability of necessary infrastructure in terms of a state job in Probationary Officer-, Clerks, IBPS etc. vacancy. Any banking institute that does not have these preparation facilities cannot be called Career plus.
The fully residence programme of the top B-Schools support all-round development as the period of interaction with peers and faculty is just not banned to the class hours but is an ongoing 24/7 process where the scope to learn is multiplied many times over.