The regular travel in trains made me realize how the B-Schools in India can be directly be correlated to the Indian railways.
AC I Class i.e the IIM-A, B, C Level: Now this class is one of the most coveted one. Everyone here wants to be in it. Most of them know that they can make it hence they don't even try for it.
They prefer the other classes. Many more try but their pocket does not allow them. It is very difficult to get the ticket here, but if you wait and try and get it then one can get 100% guaranteed job and even a good one.
AC II Class i.e the JBIMS Level: Most of them argue that there is no much difference between I and II,given a chance a person in II (IIFT,XLRI etc) will always like to have an experience of I(IIM-A,B,C).
AC-III Class (The MDI Level): This is the category of the people who desperately tried for both I as well as II but then didn't make it there. Hence if you want a comfortable journey i.e a good average package then this would be a very good option.
AC-III Economy Class-Garib Rath(IMT,IMI Level): Now this the last category in which the person is willing to pay more than a certain amount in order to have the basic minimum requirement for the journey-Air Conditioner
SLEEPER Class (The ICFAI Level): If you through the Wikipedia account of Indian Railways, it’s mentioned that this class has the maximum number of coaches i.e the colleges and accomodates most of the passengers .If you walk in with the ticket i.e admission them you will be atleast given a job (seat). Comfort is not guaranteed, especially in summers i.e recession.
GENERAL CLASS :( Amity, IIPM Level): Easiet to get the ticket hand to hand (read getting admission), no guarantee of seat (Job) later .
Here almost everything is covered.
Every now and then as per the people new coaches i.e new colleges are added and people g for them. This will continue and just as Indian Railways is in profit every year all these B-Schools are always in profit.
The fare for the Upper Classes (fees for the top notch colleges) Keeps on increasing every year,but that of the general class almost remains constant(how else will the seats get filled then).
Lastly even of there are 10 new trainees on the same route each of them will be crowded the same way as the older ones were. Similarly even if 10 new MBA colleges open in a month then all will get filled.
Here there should be no absolute intention of making the fun of any college, but yes this reality. When a particular student gives the exams ranging from level of the MAT Entrance Exam to CAT Entrance Exam, appears for the admission processes of the colleges under these categories the difference becomes more evident.