The entrance exam for the IIMs and a clutch of other institutes, to others like the XAT and JMET that follow. It�s make or break time for the creamy layer that has set its eyes on only the best business schools that India has to offer. But why stop at India when you can simultaneously consider options across the world?
India is estimated to have in excess of 1,600 management schools spread out across the country. Of these only a few dozen offer a quality brand with all its incumbent attributes: good curriculum and faculty inputs, infrastructure, international exposure, industry interaction and finally, excellent placements. In the final tally, there�s only space enough at the top for a few thousand students from the lakhs of annual MBA aspirants.
Yet, the changing dynamics of the MBA aspirant pool is opening up new options that students would do well to consider. The experience of the Indian School of Business, Hyderabad � the first B-school in the country to demand prior work experience from incoming students for its one-year, full-time MBA course � is a pointer in this direction. �More and more people with experience feel that there is a real opportunity to get a good education with real opportunities for career shifts. points out that the number of students with quality work experience of as much as eight to 10 years (including international exposure) is increasing every year.
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