MBA survey data analysis
(Note: There were 73 responses from the 8 business schools)
Infographic-9: Number of survey respondents from each B-School(chosen eight).
Infographic-10: Sector in which each respondent worked before MBA
Infographic-11: Number of attempts for CAT exam by these respondents
Infographic-12: Number of attempts for GMAT these respondents
Infographic-13: Survey question- ‘How busy (i.e. in all non-leisure activities and work) you are/were in B-schools before and after the summer placements? (5 being the busiest)’. The average busy ratings for IIT reported by the same respondents was 2.88
Infographic-14: Survey question- ‘Difficulty of academics in B-schools? (5 being the most difficult)’. The average academic difficulty as reported by the same group at IITB is 3.11
Infographic-15: Survey question- ‘Competition for summer vs final placements in B-schools in terms of the amount of preparation required? (5 being the most difficult)’. The average competition during placements as reported by the same group at IITB is 3.74.
Infographic-16: Survey question- ‘Competition for scholarships and other programs like SemEx in B-schools in terms of the amount of preparation required? (5 being the most difficult)’. The average competition for scholarships and semex as reported by the same group at IITB is 3.82.
Infographic -17: (this was also in the ‘Why MBA’ section marked as infographic-1). Survey question- ‘How many years of work experience did you have before MBA/MIM? vs What according to you is the advisable number of years of pre-MBA work experience?’. From the plot, we can see that for (i) For core sector, the recommended experience before MBA is quite low (0 or 1-2 years)(ii) For finance, majority recommend 2-3 years of experience before MBA (iii) For analytics, majority recommend 1-2 years of experience before MBA.
Self Analysis Questions + Conclusion Addendum
While we have attempted to make it as exhaustive as possible, we can’t ensure that this guide covers the complete length and breadth of Indian B-schools. We hope that after reading this article, people make more informed decisions about their graduate study plans. Many face a dearth of information about MBAs due to lack of connections with alumni or fail to leverage the same. Online public forums tend to give broad generalized advice which may fail to take into account the unique experiences of an IIT-B graduate.
This information asymmetry means that we tend to follow the herd or make decisions based on hearsay, leading to suboptimal choices. This article provides the perspective of our alumni and an opportunity to learn from their mistakes in the pursuit of B-Schools. We hope this article helps you to make a well-informed career decision and fine-tune your preparation for B-schools. As MBA admission is not just about clearing an exam but a test of your track record, we have attached a self-analysis questionnaire to assess your preparation for B-schools. We hope the assessment helps you to shape your journey in the institute in the most productive way.
We would like to hear your feedback for the article. We are planning a similar piece for foreign B-schools and will try to incorporate your suggestions in the same. Feel free to drop in your suggestions to any of the authors of the article.
Kick start your Self Analysis
(Note: This does not cover everything. Use as a starter pack of questions.)
