2014, has kicked off with a lot
of surprises for B-Schools. Last year, the UGC had revoked the governing rights
of the AICTE which governs B-Schools in India on account of a Supreme Court
verdict. This decision created a lot of problems as students were unaware as to
the authority governing B-Schools. Recently the UGC clarified that B-Schools
will be under the purview of the AICTE as before. While one issue was resolved
another arose in the form of a study done by a MBA website which revealed that
MBA aspirants feel, admission process to management colleges are cumbersome.
The aspirants sought reduction in tuition fee, better public disclosure on
placement track record and normalization process in the CAT qualifying scores.
While this has highlighted a number of issues regarding B-Schools, business
goes on as usual. This year, the admission process will be more streamlined and
there are some trends we see catching on in 2014.
1.
WAT - The new yardstick
Writing ability test has been
playing an important role in the second round of MBA admissions. Most of the
IIMs and top B-Schools have substituted GD with the Writing Ability Test in a
post CAT scenario. IIM A, IIM B, IIM C only use WAT for PI Round. The six new
IIMs, namely IIM Ranchi, Raipur, Rohtak, Trichy, Udaipur and Kashipur, have
started conducting a common admission process since the academic year 2011-13
and have substituted Group Discussion(GD) by
written ability test (WAT). What this means is that writing ability has now
become very important. The ability to express yourself through the written word
is an important skill, but one which isn’t developed completely in school and
college. Nevertheless regular practice should make you proficient in this
regard.
2. Work Experience becoming more important
If you are a working
professional, you stand a better chance to get an admission in a top B-School.
IIMA awards 5-7% out of its 30 percent weightage, IIMB 10; IIMC 8; IIML 4; IIM
Kashipur 5 and IIM Kozhikode provides 8 percent weightages respectively to
candidates having post degree work experience.
3.
Woman candidates are the new rage
Probably one of the most
interesting developments in recent times is the effect woman empowerment is
having on top B-Schools. If you’re a female candidate you stand to get bonus
points to get into your dream B-School. Top three IIMs A, B, C earlier didn’t
provide any weightage to gender diversity but now old as well as new IIMs have
begun assigning some points to fair sex. IIML awards 10; IIMC 3; IIMA and B
have devised a formula to entertain more girl candidates out of their total
weightage points; IIM Kashipur awards 7 points; IIM Rohtak and Raipur 20; other
top ranked institutes have also started following suit. Women candidates have
all the reason to smile on this count.
4. B-School no more engineers domain
MBA aspirants from other than
engineering background used to have apprehensions before registering for CAT
and XAT as getting admission in IIMs and XLRI was considered easy for the
candidates with engineering background. But now the scene has changed. To
encourage candidates from other streams the admission criteria in IIMs has
changed with some points awarded to applicants from other disciplines. IIML
awards 2 marks; IIM Rohtak 20; IIM Raipur 10 (Out of 30 awarded to female and
non engineers).
5. Fading appeal of GD
Group discussions used to be
held in the second round of MBA admissions in top colleges. However most top
B-Schools have replaced it with WAT. However a few institutes still conduct the
GD. IIM Lucknow, IIM Shillong, IIM Kozhikode all still conduct Group Discussion
although the weightage is getting reduced year on year.
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