Also, there are a few management institutes that offer specialised courses in certain functional areas/fields. Here are some of the better-known institutes in this category:
1.Institute of Rural Management Anand (IRMA) 2.Mudra Institute of Communication Ahmedabad (MICA) 3.Indian Institute of Foreign Trade (IIFT), New Delhi 4.Tata Institute of Social Sciences (TISS), Mumbai
These institutes do not offer a general MBA like the other institutes. Rather, they offer a specialisation in a particular functional area. However, quite a few graduates from these institutes also get absorbed in regular MBA jobs. Hence, we have not put these institutes in a separate category. Instead, we have included them in categories relevant to their standing in the order of merit.
To get a clearer perspective into the kind of companies that visit a campus and the specilalisations opted by the students, you should go to the websites of a few of these colleges and go through their placement reports.
What is Summer Internship / Winter Internship in MBA?
Almost all management institutes have a two-month summer internship programme after the first year. During this internship, typically of two-month duration, they are given a project by the organisation, which they are expected to complete during this period.
The following are the key aspects of a Summer Internship programme at the B-schools in India:
- The internships follow a similar structure for company allocation/selection as during the final placements. This way the students get a good idea of what to expect during their final placements.
- Implementation of the projects offered by the companies gives a student first-hand perspective into the functioning of a corporate organization. An internship is an opportunity to experience a sector/vertical of preference. This way the student knows if he would like to pursue a career in that sector/vertical. Thereby saving a lot of effort during the second year of MBA.
- A student returns from an internship knowing well how to put the concepts he learnt/learns at the b-school are to be applied to use. This helps build a more practical perspective during the second year of MBA.
- It is an added benefit that at the end of the internship, a student has the chance of getting a Pre Placement Offer (PPO) or a Pre Placement Interview (PPI) offer from the company and thereby secure a job right after the first year of his MBA.
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