The endless debate on which is better- public or private B-school, is still what it was-endless. While there are multiple advantages to studying in a public/state-run B-school, private colleges are springing up due to the increased demand of graduates who wish to pursue this management course in order to rise up the success ladder. Since now students are more focused and goal-oriented, it becomes imperative that the onus falls on them to make the correct decision while choosing the perfect university. Their needs have changed compared to the situation they faced in their undergrad.

To begin with, there is the question of Finances. While it is easy to assume, and rightly so, that most public b-schools are cheaper than Private B-schools, it is not the case always. Universities with a shortage of funds may well charge you more than a private university. So do not make your decision solely on monetary reflections.

Private B—schools have the advantage of a good faculty that they can fly in for special classes or even on a permanent basis as they have adequate liquidity to afford star faculty members. This is something that even good public B-schools may lack. Without sound funding, they end up losing staff members or have to resort to employing them on a part-time basis. This undermines the stability of their education programs. Also public schools face interference from the administration sector, and even have to drudge through situations like lack of funding, economical instability and private sector competitors.

The picture is not rosy for the private B-schools either. Although in comparison to the public B-schools, private ones retain more autonomous power and are in a better position to accommodate market fluctuations. They can implement ideas more effectively as they are flexible in their work frame. Yet, private b-schools are dime a dozen. Only a few can carve a niche in the market by a good educational policy and eventually affordable fee structure.

To put it across very clear, all these are independent perspectives. It is ultimately the students’ prerogative as to what they want from their course and which college would provide their desired results. Each institute has a variety of things to offer and the decision to apply for a particular course should be filtered down according to the order of importance. While a private B-school may have better placements, a good public school may have a more eminent and experienced faculty. To choose a particular country, one needs to decide which sector the student wants to approach through the degree and whether that industry flourishes in a particular geographical area.

In due course it rests upon the prospective student to narrow down their desired college, keeping in purview their ultimate goals.
Mallika Bhagat