Is it worth the investment to pursue MBA from the tier-2 B-Schools in India?

Question

Konatham Abhishek · Answer

You can learn basic knowledge from everything. You can either learn HR, marketing or finance. Instead of just taking up a certain stream right from the first semester itself and basically job opportunities are equivalent for everyone. Be it general MBA or normal MBA there are many colleges available for MBA. For e. g. PUMBA, Pune. Its cutoff is above 98 %ile and is generally considered to be the most sought after institute after JBIMS, Mumbai and Symbosis. It has the best placement record in terms of marketing and finance. For HR specialisation we have SCMHRD, Hinjewadi.

Ashish Shirsat · Answer

MBA from any institution is useful for skill development, but for exposure, placement factor, it is very important to take admission in top business schools.

Raj shakya · Answer

In comparison to pursuing MBA in tier colleges, it is not worth to pursue MBA in tier 2 colleges. Below mentioned are the reasons: High Student Intake: While Tier-2 and Tier-3 MBA colleges have limited seats available on admission, the intake is still higher than Tier-1 colleges. This is because of the less number of Tier-1 colleges as well as the less number of seats available in those colleges. Tier-1 colleges are simply unable to meet the needs of an increasing number of MBA aspirants in India. Even meritorious students do not get admission sometimes. Thus, they turn towards Tier-2/3 colleges that have a comparatively higher intake and less intense competition. Thus, the brightest of minds only move to the best of colleges. Low Education Quality: Tier-2/3 MBA colleges face fierce competition when it comes to the quality of management education they impart to students. Most of these colleges are unable to match Tier-1 colleges, as they are not globally benchmarked. Some of these institutions are unable to recruit good management faculty, while others are not even able to pay high salaries to their faculty members. This affects the teaching quality and pedagogy. This also keeps meritorious students away from these colleges, thus bringing down the quality of education at such colleges. Lack of Skill-Based Education: This is one of the most ferocious problems faced by Tier-2/3 MBA colleges. While these colleges have been offering decent education, most of it is theoretical. It is time for these colleges to shift to skill-based education that can bring a change in students and prepare them to face the complexities of workplaces. Tier-2/3 colleges are lacking on a practical approach to teaching, which includes pedagogies like research projects, case studies, industrial studies, and hands-on training. It is important that these colleges focus on the current industrial trends and create flexible syllabus to suit the needs of the local job market. As Tier-2/3 colleges lack practical education, competing with the top colleges during student placements only brings disappointment to students. Placement Scenario: The placement scenario is not very bright in Tier-2 and Tier-3 MBA colleges. While some of the colleges manage to achieve student placements in reputed companies, some others just struggle on that part. Many such colleges cannot even network with good firms and provide placements to all their students.

iam ssuhana · Answer

Yes, It is worth. Wherever you choose to study, success in career depends only on your hard work and dedication. The career prospects for a student depends on the competency of the student, and the student's own work ethic. Opportunities are not within the type of degree, or Institute, as it is within the person who has the degree. Opportunities are always there. It is up to you to take advantage of them through commitment, positive attitude, and the ability to think through long-term benefits. Utmost important and critical issue is your ability to create a vision for yourself. You may have come across many people who worked really hard and seen many difficulties in their lives but still, they succeeded because what all they had was clarity of their vision. They knew what they wanted to do. So do not worry and choose any good B-School. Some prominent schools that you can consider except IIMS are: Shailesh J. Mehta School Xavier's Labour Relations Institute, Jamshedpur Mittal School Of Business, Lovely Professional University, Punjab Department of Management Studies, IIT Delhi Indian Institute of Foreign Trade, Delhi Management Development Institute (MDI), Gurgaon Bharathidasan Institute of Management (BIM), Trichy Narsee Monjee Institute of Management Studies, Mumbai National Institute of Industrial Engineering (NITIE), Mumbai SP Jain Institute of Management, Mumbai.

Kundan Singh · Answer

I think you have to look best college in terms of return on investment (ROI). Many tier 2 colleges have very high fees and you will get nothing on the name of placement. Also, there exist many -schools which have good value of ROI. Tier one colleges are limited, so it's not possible for all the students to get admission there. They conducts very tough entrance examination to admit Students .If you can't clear entrance examination like CAT and still want to pursue MBA then tier 2 colleges having good value of ROI and exposure will be a good choice. You should visit the campus before taking admission there and have some talks with the current students and alumni through social networking sites.

Manish Gadekar · Answer

MBA is like an open door for all the specialisations. You can learn basic knowledge from everything. You can either learn HR, marketing or finance. Instead of just taking up a certain stream right from the first semester itself and basically job opportunities are equivalent for everyone. Be it general MBA or normal MBA there are many colleges available for MBA. For e.g. PUMBA, Pune. Its cutoff is above 98 %ile and is generally considered to be the most sought after institute after JBIMS, Mumbai and Symbosis. It has the best placement record in terms of marketing and finance. For HR specialization we have SCMHRD, Hinjewadi.

Samarth K · Answer

In comparison to pursuing MBA in tier colleges, it's not worth to pursue MBA in tier 2 colleges. Below mentioned are the reasons: High Student Intake: While Tier-2 and Tier-3 MBA colleges have limited seats available on admission, the intake is still higher than Tier-1 colleges. This is because of the less number of Tier-1 colleges as well as the less number of seats available in those colleges. Tier-1 colleges are simply unable to meet the needs of an increasing number of MBA aspirants in India. Even meritorious students do not get admission sometimes. Thus, they turn towards Tier-2/3 colleges that have a comparatively higher intake and less intense competition. Thus, the brightest of minds only move to the best of colleges. Low Education Quality: Tier-2/3 MBA colleges face fierce competition when it comes to the quality of management education they impart to students. Most of these colleges are unable to match Tier-1 colleges, as they are not globally benchmarked. Some of these institutions are unable to recruit good management faculty, while others are not even able to pay high salaries to their faculty members. This affects the teaching quality and pedagogy. This also keeps meritorious students away from these colleges, thus bringing down the quality of education at such colleges. Lack of Skill-Based Education: This is one of the most ferocious problems faced by Tier-2/3 MBA colleges. While these colleges have been offering decent education, most of it is theoretical. It is time for these colleges to shift to skill-based education that can bring a change in students and prepare them to face the complexities of workplaces. Tier-2/3 colleges are lacking on a practical approach to teaching, which includes pedagogies like research projects, case studies, industrial studies, and hands-on training. It is important that these colleges focus on the current industrial trends and create flexible syllabus to suit the needs of the local job market. As Tier-2/3 colleges lack practical education, competing with the top colleges during student placements only brings disappointment to students. Placement Scenario: The placement scenario is not very bright in Tier-2 and Tier-3 MBA colleges. While some of the colleges manage to achieve student placements in reputed companies, some others just struggle on that part. Many such colleges cannot even network with good firms and provide placements to all their students.

Swapnil Malode · Answer

Tier 1 colleges are few, so limited number of seats are there and in a country where the population is 1.3 billion you cannot expect every aspiring student to get into IIMS, IIFT and FMS. You should be good to get into these colleges. Tier 2 colleges can also produce good candidates with excellent problem solving minds, innovative ideas and much more. So it's skillset that matters. If you can develop right kind of attitude and skills during the 2 years' of MBA you can get rewards and good placement from any college. So it's not that tier 2 B-school students are not good as compared to Tier 1 because one exam can't determine who is better. Placement would be dependent on you skills learnt during 2 years of MBA and the qualities you develop during those 2 years.

Satyajit Dev Sarma · Answer

Hi, MBA from not top B-school: 1. You get a brand name that's going to stick with you for the rest of your life. If you want to change that, you have to go for another MBA later. 2. You may not get a lot of smart people in your batch (they might be good, and this is in no way saying that the entire set is not smart, but we need to accept the fact that not everybody is at the same level) and you might be smarter than a lot of people which doesn't really help when it comes to personal growth. 3. You get a fair job or no job depending on how bad the institute is or how bad the placement scenario is. So the only thing that can help you survive in the industry is your work ethics, attitude, and work performance. 4. People (those who matter / don't matter) start categorizing you in the bracket where you may not want to be categorized. Becoming stable may take longer. The most important thing that people miss out is the fact that industry doesn't reward your past. It rewards your present and embraces you for your future. I've seen so many smart, talented people not able to bring that out when it comes to work (the reasons can be right person for the wrong job). What really matters is whether you let the tag define you for the rest of your life. As long as you don't hate the institute (for example, I hate some of the institutes that are out there. Don't want to take names), you can do your MBA there and still manage to do something with your life. Tags help for sure but they do not define people. If you are good, good things will happen to you some day. Because of the relative definition of what's best, what others define may or may not be right for you. Consider all the factors, and then take a decision.

Versha chauhan · Answer

Yes, it is worth to invest in MBA from the tier-2 B-School in India, if the college has an effective management and staff with them. The foundation of any institute, is their faculty and the success of institute depends on how well it's management perform. But make sure, that you should be among top 10% students that will enhance your chance to get into the more interviews as many companies have some criteria. Work hard as well as work smart. Start building your resume from starting, so that you have enough material on your resume which can make you stand out of crowd. Focus on skills development and experiential learning, so that you have good grasp to apply your learning in real world. Work to enhance your personality and try to be better Leader and team player. In developing country like India, there are enough opportunities and even every B-School, where it is tier 1 or tier 2, B School is trying to be better. Every year, there is an increase in the average package of almost every B School. So, if you are really interested in MBA, just go for it, and if you want to go for better B School, just prepare a little harder and try next year. All the best.

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