Saturday, 22 September 2012

Preparation Time

Techniques to prepare for MBA

The written entrance exam for B-schools is a test of speed and accuracy to comprehend and respond correctly to questions and situations faster than others. If there is a key to achieve success, it's undoubtedly hard work, determination and dedicated practice.
Unlike other competitive examinations, MBA examinations do not have a passing marks' threshold. It's an elimination stage to shortlist candidates who progress further to next stages of Group Discussion and Personal Interview. Candidates are judged on relative performance - individual ability in conjunction with how others have performed is what matters. Examiners always like to frame more questions than can be attempted by candidates in the allotted time. This means that knowing the subject matter is not good enough.
Exam structure
Broadly, the written examinations are a test of mathematical and verbal ability. They are as much a test of knowledge as of speed. A typical examination has over 175 questions to be answered in about 120 minutes, thereby giving a candidate less than 45 seconds to read, understand and attempt a question, a tall order by any standards. To compound matters, some schools penalise each wrong answer with negative 0.25 points too. This makes guessing answers a rather risk-prone strategy.
Preparation To get on the right platform, it's worthwhile to join a coaching programme early on in the preparation phase - either a classroom or postal coaching. Scout around to enrol in a good training school in your city or enrol for postal coaching. Recommendation from those who have achieved success in the past years is a good way to shortlist a course to enrol with.
A preparatory course can lend structure to your preparation. They suggest some very useful preparation tips; problem solving hints and provides good practice ground for mastering the typical problem types likely to feature in the examination. There are enough practice tests based on past year testing patterns to provide an insight in various forms of questioning. However, these examinations are known to throw up a surprise with new forms of questions, so be ready for that.
Beyond Mathematics and English, the tests are designed to judge knowledge of reasoning and analytical ability. Another factor that needs to be kept in mind is that all sections of the examination carry weightage. Hence, trying to gain mastery in one area neglecting others in never a good policy. Balance preparations to gain comfort in all areas of the examination. Statistics show that while candidates with engineering background are good in quantitative areas but invariably fumble in verbal sections. Similarly, arts students find quantitative areas tough. These trends can be altered with sustained preparations and practice. As a policy, centre initial preparation on areas of weakness and consolidate on strengths.
The first step towards the preparations is to strengthen the basics of mathematics and English. Pick a high school level course book to revise basics thoroughly. Devote two to three weeks brushing up basics. If you have subscribed to a preparation course, the course material would have provided you with reference books that would cover the basic concepts.
In the second step of preparation, take section tests, which are of about 20-30 minutes duration, consisting of 40-45 questions each. This stage would take you around eight to 10 weeks depending on the time you devote to the preparations. A score of 30 after deducting negative points should be the target. Take these tests in each of the test areas. After attempting a test, refer back to the solution to understand the mistakes. Remember them so that they can be avoided next time around.
The third step involves taking two full-length or two-hour sessions consisting of all sections. Adhere to the time limit since that is of essence. Even if scores initially are not very encouraging, continue practice and there would be a consistent increase in scores achieved. Monitor progress and ensure that performance is consistent in all sections. As you progress with the test preparation; a consistent net score of 125 or over should be the target.
There are four months to go before the first set of examinations is administered. While this may not give you the luxury of a lot of time at hand, there is reasonable time to embark on a well-rounded practice and training drill to ensure performance peaks close to the exam months.

Top 50 MBA Colleges

Top 10 category
Faculty of Management Studies (FMS), DelhiNew Delhi
Indian Institute of Management Ahmedabad (IIMA)Ahmedabad
Indian Institute of Management Bangalore (IIMB)Bengaluru
Indian Institute of Management Calcutta (IIMC)Kolkata
Indian Institute of Management Indore (IIMI )Indore
Indian Institute of Management Kozhikode (IIMK)Kozikhode
Indian Institute of Management Lucknow (IIML)Luckhnow
Jamnalal Bajaj Institute of Management Studies (JBIMS)Mumbai
Management Development Institute (MDI)Gurgaon
Xavier Labour Relations Institute (XLRI)Jamshedpur
AAA category
Indian Institute of Foreign Trade (IIFT)New Delhi
Indian Institute of Management, RaipurRaipur
Indian Institute of Management, RanchiRanchi
Indian Institute of Management, RohtakRohtak
Indian Institute of Management, Shillong (IIM-S)Shillong (IIM-S)
Shailesh J. Mehta School of Management (SJSOM), Indian Institute of Technology, Bombay (IITB)Mumbai
Narsee Monjee Institute of Management Studies (NMIMS)Mumbai
National Institute of Industrial Engineering (NITIE)Mumbai
S.P. Jain Institute of Management & Research (SPJIMR)Mumbai
Tata Institute of Social Sciences (TISS)(only for those interested in HR)Mumbai
AA category
Indian Institute of Foreign Trade (IIFT)Kolkata
Department of Management Studies (DoMS), Indian Institute of Technology Madras (IITM)Madras
Department of Management Studies, Indian Institute of Technology Delhi (IITD)New Delhi
Institute of Management Technology (IMT) GhaziabadGhaziabad
Institute of Rural Management Anand (IRMA)Anand
International Management Institute (IMI), New DelhiNew Delhi
Mudra Institute of Communications Ahmedabad (MICA) (only for those interested in Advertising/Marketing)Ahmedabad
Symbiosis Centre for Management and Human Resource Development (SCMHRD)Pune
Symbiosis Institute of Business Management (SIBM) PunePune
Xavier Institute of Management Bhubaneswar (XIMB)Bhubaneswar
A category
Bharathidasan Institute of Management (BIM), School of Excellence of Bharthidasan UniversityTrichy
Department of Commerce, Delhi School of Economics, University of DelhiNew Delhi
Department of Financial Studies (DFS), University of Delhi, South CampusNew Delhi
FORE School of ManagementNew Delhi
Department of Industrial and Management Engineering (IME), Indian Institute of Technology KanpurKanpur
Vinod Gupta School of Management (VGSOM), Indian Institute of Technology, KharagpurKharagpur
Department of Management Studies (DOMS), Indian Institute of Technology RoorkeeRoorkee
K. J. Somaiya Institute of Management Studies and Research (SIMSR)Mumbai
Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE)Mumbai
T. A. Pai Management Institute (TAPMI)Manipal
BBB category
Birla Institute of Management Technology (BIMTECH)Noida
Goa Institute of Management (GIM)Goa
Indian Institute of Social Welfare and Business Management (IISWBM)Kolkata
Institute for Financial Management and Research (IFMR)Chennai
Lal Bahadur Shastri Institute of Management (LBSIM)New Delhi
Loyola Institute of Business Administration (LIBA)Chennai
National Institute of Technology Tiruchirappalli (NITT)Trichy
Institute of Management, Nirma UniversityAhmedabad
NMIMS BangaloreBangalore
Department of Business Management, Osmania UniversityHyderabad
Symbiosis Institute of Business Management, Bangalore (SIBM-B)Bangalore
Shri Ram College of Commerce (SRCC)New Delhi
Symbiosis Institute of International Business (SIIB)Pune
University Business School (UBS)Chandigarh
Prin. L. N. Welingkar Institute of Management Development & Research (WE School)Mumbai
BB category
Amrita School of BusinessCoimbatore
Chetana's R. K. Institute of Management and ResearchMumbai
Christ University Institute of Management (CUIM)Bengaluru
Department of Management Sciences (PUMBA), University of PunePune
Faculty of Management Studies, Banaras Hindu University (FMS BHU)Varanasi
School of Management Studies, University of HyderabadHyderabad
IBS, Hyderabad (Faculty of Management Studies)Hyderabad
Indian Institute of Forest Management (IIFM)Bhopal
Institute of Management Technology (IMT) NagpurNagpur
Institute for Technology and Management (ITM)Mumbai
N. L. Dalmia Institute of Management Studies and ResearchMumbai
SDM Institute For Management Development (SDMIMD)Mysore
SIES College of Management Studies (SIESCOMS)Mumbai
Symbiosis Centre for Information Technology (SCIT)Pune
Symbiosis Institute of Management Studies (SIMS)Pune
Symbiosis Institute of Operations Management (SIOM)Nashik
Symbiosis Institute of Telecom Management (SITM)Pune
Prin. L. N. Welingkar Institute of Management Development & Research (WE School)Bangalore
Xavier Institute of Management & Entrepreneurship (XIME)Bengaluru
B category
Amity Business School (ABS)New Delhi
B. K. School of Business ManagementAhmedabad
Balaji Institute of Modern Management (BIMM)Pune
Department of Management Studies (DOMS), Anna University ChennaiChennai
FOSTIIMA, New DelhiNew Delhi
Indira Institute of ManagementPune
Institute of Management Development and Research (IMDR)Pune
Institute of Public Enterprise (IPE)Hyderabad
Lala Lajpatrai Institute of ManagementMumbai
M. S. Ramaiah Institute of ManagementBengaluru
M. S. Ramaiah Institute of ManagementBengaluru
MET's Institute of Management, MumbaiMumbai
MIT School of Management (MIT-SOM)Pune
MNNIT AllahabadAllahabad
National Institute of Bank Management (NIBM)Pune
National Insurance Academy (NIA)Pune
Department of Managament Studies, Pondicherry UniversityPuducherry
PSG Institute of ManagementCoimbatore
Faculty of Management Studies, R.A. Podar Institute of ManagementJaipur
School of Communication & Management Studies (SCMS)Cochin
School of Management Studies (SMS), Cochin University of Science & Technology (CUSAT)Cochin
Thakur Institute of Management Studies & ResearchMumbai
Vignana Jyothi Institute of ManagementHyderabad
Xavier Institute of Social Service (XISS)Ranchi
Other B-Schools category
Asia-Pacific Institute of Management Delhi
Alliance School of businessBangalore
Army Institute of ManagementKolkata
Badruka Institute of Foreign Trade (BIFT)Hyderabad
Bharati Vidya Bhavan's Usha and Lakshmi Mittal Institute of ManagementDelhi
Bharati Vidyapeeth Deemed UniversityPune
Bhartiya Vidyapeeth University, Institute of Management and ResearchDelhi
Birla Institute of Technology, Mesra, RanchiRanchi
Dhruva college of managementHyderabad
Fortune Institute of International BusinessNew Delhi
GITAM School of International Business (GSIB)Visakhapatnam
Globsyn Business SchoolKolkata
ICFAI B-SchoolAhmedabad
ICFAI B-School, GurgaonGurgaon
ICFAI B-School, MumbaiMumbai
IES Management college and research centreMumbai
IFIM Business SchoolBengaluru
Indus Business Academy (IBA), BangaloreBengaluru
Indian Institute of Tourism & Travel ManagementGwalior
Indian School of Mines (ISM)Dhanbad
Kirloskar Institute of Advanced Management Studies (KIAMS)Harihar
MANAGE (For those interested in Agri-Business/Rural Management only)Hyderabad
Master School of Management, MeerutMeerut
New Delhi Institute of Management (NDIM)New Delhi
NIILM Center for Management StudiesNew Delhi
NIT DurgapurDurgapur
NIT SuratkalSuratkal
NIT WarangalWarangal
Rajagiri College of Social Sciences (RCSS)Cochin
Sadhana Center for Management and Leadership Develeopment (SCMLD)Pune
Siva Sivani Institute of Management (SSIM)Secunderabad
SSN School of Management & Computer ApplicationsChennai
St Joseph's College of Business AdministrationBangalore
Symbiosis Institute of Media & Communication (SIMC)Pune
Symbiosis school of banking managementPune
University of Petroleum & Energy StudiesDehradun
University School of Management Studies - Indraprastha University, DelhiDelhi
VIT Business School -VelloreVellore
Vivekanand Education Society's Institute of Management Studies & ResearchMumbai
Xavier Institute of Management & ResearchMumbai