MBA Placement Preparation: Course, Tips, Interview Tips

MBA is 2 a year postgraduate program that deals with management and business administration. MBA is a professional course that provides placement opportunities after completing the course. These placement opportunities are eyed by all the MBA students and there is extreme competition among students to get the highest package. 

Students must take proper preparation for all the stages of the placement process in order to get the best out of the opportunities. Placement Cells are present in all the Top MBA Colleges in India. They provide invaluable guidance to the students. 

See Also: MBA Group Discussion (GD) Topics 

How do Placements Cells help for MBA Campus Placements?

Placement Cells help students get the best possible opportunity they can for themselves. Placement cells take on various activities so as to ensure that students know what they are good at and improve what they are not. 

  • Students can practice group discussions, personal interviews and bridge the gap where they think it is necessary. 
  • Placements Cells provide various information about the companies that are comping for campus placements. This provides the students better understanding of the company they will sit for an interview.
  • Various workshops get conducted by placement cells to improve communication and negotiation skills.

Best Strategies to Ace Your MBA Placement Interview

The top MBA colleges such as IIMs, FMS, IIFT, XLRI usually provide great campus placement opportunities. MBA graduates from these top B Schools are offered salaries up to INR 25 LPA.

Tier 1 colleges lead students to the best MBA job opportunities through their campus placements. Every year more than 3,00,000 students appear for MBA courses in India, but only 2,00,000 get admission and finally reach the MBA placement. Every applicant wishes to know more about MBA placement preparation tips, so a detailed guide has been provided here. 

With the increasing number of MBA pass-outs, there has been cutthroat competition in today’s times. Hence, it is very important for the MBA students to take up some strategies to ace their placement interviews.

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MBA Job Interview Tips

Apart from an excellent profile and grades, one needs to take care of some basic interview etiquette for successful job placement. 

Given below are some Job interview tips to nail the B-School interview and emerge successful to begin an MBA Career.

  • Research about the Company: When you select a company to appear for their interview, make sure that you are aware of the job role being offered to you. You should be well informed about the background of the company and its history, newly launched products or services, their target group and aspects. You should be well versed in the facts related to the organization as the interviewer might also question you about the reason behind joining the company and your awareness level towards the prospective job opportunity.
  • Find out about the Salary Structure: You must research thoroughly the placement packages which are offered to the post-graduate fresher (s). This would give you an idea about the salary trends in various industries. The recruiters usually declare the expected band of salary that you will be entitled to receive during the campus interview. But in case the recruiters do not mention the salary band in advance then do work on researching the trends of salary in the current industry for the respective profile you are opting for.
  • Organize your Resume: Your resume exhibits the first impression of your personality on the recruiter. Your resume should reflect the pool of talent and strengths that can help you work for the growth of the organization. The resume should highlight your experience (if any), strengths, undertaken projects or internships, and personal details. The structure of the resume should be well organized and appealing to the recruiter. 
  • Punctuality counts: The first impression is likely to be positive if you reach the venue on time or at least 10-15 minutes prior to the allotted time. Reaching late for the interview shows that you are not attentive to the minor details mentioned regarding the interview which will have a negative impact on the interviewers.
  • Brush up your Basics: Recruiters often schedule an aptitude test round to select a pool of prospective applicants before conducting the personal interview round. This round determines whether you will qualify for the final interview. Hence it is important to excel in this round. You should research the common questions usually asked in the aptitude test. The exam topics usually include quant, logical reasoning, and data interpretation, and so on.
  • Prepare Basic FAQs: There is a common set of questions that is asked in every interview apart from the technical questions. You can also list down such interview questions and prepare them accordingly.

The interviewer might end up asking about your weaknesses after reviewing your CV. You must be well versed and prepared to answer such questions and explain why you want to take up the job role.

See Also:

Non Technical Questions in MBA Interview

Some of the non-technical questions are:

  1. Introduce yourself
  2. Describe yourself using three words.
  3. Tell me about a time you failed.
  4. What motivates you?
  5. What are your Strengths/ Weaknesses?
  6. Where do you see yourself in the next five years?
  7. Do you have any questions for me?
  8. Are you a team player?
  9. Why should we hire you?
  10. What do you know about our company?
  11. Give us an example of a time you took a leadership role.
  12. Walk me through your résumé.

Group Discussion Tips before MBA Job Interview

Group discussions can also be a part of a few campus placement procedures. Through this round, the employers usually want to assess how well you communicate, listen, convey your thoughts, and find out if you are well-versed in the topic

While you are part of a group discussion, focus on:

  • Being a good listener: Being a good listener will help understand how to put forward what you think. The most important part is to show that you have the ability to speak in front of a group and for that, you must know when to exactly start. Listening will provide you the perfect opportunity for you to start saying what you think. 
  • Speaking clearly and to the point: This will only be possible if you have rehearsed what you will say. You must have the proper knowledge and no go ahead in the discussion without thinking much. 
  • No Blabbering: Blabbering can be avoided by well thought out sentences. Short sentences also help to put forward your viewpoint effectively. 
  • Work on your Soft Skills: Since your fellow applicants are all MBA graduates, the resume will be similar and would contain similar degrees and qualifications. Hence it is very important for you to work on your interpersonal skills. Working on your soft skills can help you stand out among the rest of the candidates. These traits will determine how well you work within a team, your communication, stress management, time management, and others. 
  •  Dress for the job you want: You should look presentable, dress formally and be confident while going for an interview. Proper dressing reflects your interest in joining the company.

See Also:

Tips for MBA Students During the Interview

Discussed below are a few tips that you must keep in check once you are at the venue of the interview and are ready to be interviewed by the panel of recruiters.

  • Grace the Panel: You should always greet the interviewing panel before starting the interview. You can make a firm handshake with a genuine smile and maintain eye contact with the recruiter.
  • Maintain the Body Posture: Body posture is observed by the recruiters while you sit for the interview. You should not slouch on the chair when you sit as it indicates your low self-confidence. Keep your head upright and stay calm and relaxed while conversing as it reflects your confidence.
  • Be Polite yet Assertive: You should be polite while answering the interviewers and do not go overboard while expressing your views on a topic that interests you. Do not shout if your views are not in concurrence with your interviewer as they are there to explore the nuances of your personality. Use words of courtesy such as ‘Please’, ‘Thank You’ etc. in your talk whenever required.
  • Be honest about your work: You should be honest about your achievements and work and not lie to the interviewer about the work that is not being done by you. If you were involved in team work for a project then talk only about the part you were associated with, this will lay emphasis on your teamwork skill. 
  • Ask questions to the interviewer if required: Many recruiters give the candidate an opportunity to ask questions and seek clarification. You can ask about your roles, responsibilities and growth prospects of the job profile you are applying for. 
  • Ace the Personal Interview: This is the make it or break it point of your interview. Your well-designed resume, common questions you prepared for, domain knowledge, and interpersonal skills will now be put under strict scrutiny.

What to do after completing the Interview 

  • Do a follow-up with the HR Personnel: A follow-up call to someone in the human resource department exhibits your continued interest in a job opportunity. A survey study of Accountemps shows that HR Managers like to be contacted in the following manner:
    • Email - 87%
    • Phone Call - 81%
    • Handwritten Note - 38%
    • Social media - 27%
    • Text message - 10%

Hence, it is recommended that you choose either an email, phone call to contact the HR Personnel.

  • Prepare for follow-up Interview: The follow-up interview is an indication of the good impression that you left in the initial meeting. The follow-up interview focuses more on getting to know you on both a personal and professional level.this is primarily conducted to affirm the employer’s decision of hiring you on-board.

These were a few tips that you will be requiring to ace your MBA placement interview. Try to keep a checklist of all the tips to nail the Job Interview and grab the right opportunity for building a successful managerial career.

How to prepare for MBA Summer Placements?

Some of the things that students must do in order to crack MBA Summer Placements are:

  • Know about the company
  • Have prove hardskills
  • Analyse case studies
  • Go for Practise Interviews

MBA Placements: FAQs

Ques. What are the main skills an MBA candidate should possess to get the MBA Placement?

Ans. The main qualities of a good MBA candidate are having a strong analytical mind with the ability to work as a team. Candidates should also be able to possess a critical bent of mind and willingness to learn new things.

Ques. What are the main things a candidate should definitely know before an interview for their MBA placement?

Ans. A candidate must be well versed with the enterprise that is interviewing it. Candidates must know about the founders, CEO and other important people related to the enterprise.

Ques. What is the most common question asked in an interview?

Ans. One of the most common questions asked in an interview is to speak about yourself. Hence, the candidates must be ready to talk about themselves, their strengths, weaknesses, likings or dislikes in an interview

Ques. Do MBA students get placement?

Ans. MBA is one of the best courses to get placements. The average placement after completing MBA ranges between INR 5 Lakhs to INR 30 Lakhs. 

Ques. Which MBA has best placement?

Ans. MBA Finance, MBA Marketing, MBA IT, MBA Marketing analytics are some of the MBA which provides the best placements. 

Ques. Does MBA have 100 percent placement?

Ans. Yes, most MBA colleges provide 100% placement. 

Ques. Which is the best placement preparation course?

Ans. Various online portals provide courses that help to guide their students for better MBA placements. Some of the best platforms are codingninjas, talentbattle.in , prepbytes.com etc

Ques. How placements are done?

Ans. Placements are done in colleges where various companies visit to meet, analyze, interview and hire best candidates for the roles that are available to them.

Ques. What is MBA salary in India?

Ans. The starting salary for MBA is INR 10 LPA to 20 LPA.

Ques. Is CP necessary for placement?

Ans. No, CP is not essential but having it will definitely help the student in placements.

Ques. Is Python good for placement?

Ans. Yes Python definitely helps with placement but is not necessary. 

Master of Business Administration [MBA] : 738 answered questions

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Ques. Is it worthwhile doing an MBA in UPES Dehradun?

● Top Answer By Akriti Banerjee on 03 Aug 23

Ans. Every B-school has its unique strengths and so does UPES Dehradun which is famous for its domain-specific MBA. If you are willing to pursue an MBA in oil and gas, power management, or energy trading, choosing UPES Dehradun will be the right decision. It offers a plethora of opportunities in these domains and the ROI is also great. There are some industry-specific courses too but their placements are just average. The best part about UPES is the diversity of the crowd. You will get the chance to interact with people from various backgrounds such as law, management, engineering, and design thus enhancing the learning experience manifolds.  Ultimately, I will suggest you go for UPES Dehradun only if you are planning to pursue a domain-specific MBA, else you can go for better B Schools.Read more
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Ques. Should I go to IBS Hyderabad (ICFAI) for an MBA? Why or why not?

● Top Answer By Harshita Sinha on 30 Apr 22

Ans. IBS Hyderabad isn’t a good option for MBA. The placement record of the institute isn’t good. You won’t get a good ROI. The course fee for an MBA at IBS Hyderabad is INR 16.02 lakhs. While the average CTC offered to the students according to IBS Hyderabad placement highlights for 2022 is INR 7.97 LPA.  The student intake is huge. Batch strength for MBA is 1300. So, students don’t get equal opportunities in terms of academics and placements. Read more
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Ques. I joined SBI as a PO in 2015 and currently a scale 2 officer. Is it wise to leave SBI for an MBA from NMIMS Mumbai, SIBM Pune or MDI Gurgaon? Also, I do not want to continue in SBI.

● Top Answer By Rahul Pandey on 17 Aug 20

Ans. Since you do not want to continue with SBI due to whatever reasons, so it would be a better option to follow what you want to and don’t continue in your job. Now, you have three options to choose what you want to do:- You can resign your current job and search for a job in a private bank. This option might not be a feasible one as the entry-level pay at SBI is much more lucrative than other banks. Your experience might not be valued in case you do not have much of it. You can go for an MBA from NMIMS Mumbai, SIBM Pune, or MDI Gurgaon. In this case, your experience will be valued during the placement process and you will be an eligible contender for middle management jobs in private banks and you may also explore new fields like corporate finance or trade finance. The other option is to wait for two more years of experience and pursue a one-year MBA provided you are ready to continue in SBI for two more years. Furthermore, there are other factors as well like GMAT score you get after two years.Read more
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Ques. What is MBA salary in India?

● Top Answer By Disha Sinha on 27 May 22

Ans. MBA salary of a B-Schol graduate in India is proportional to their qualification and experience. It also depends on other factors like Almameter of the candidate, MBA specialization, industry, designation, etc. The MBA average salary for the topmost B-School in the country is as follows. Name of the institute  MBA salary(in INR) IIM Ahmedabad  26.13 LPA IIM Bangalore  33.8 LPA IIM Calcutta 26.24 LPA IIM Lucknow 26 LPA FMS Delhi  32.4 LPA XLRI Jamshedpur 30.73 LPA MDI Gurgaon 26.07 LPA SPJIMR Mumbai 23.6 LPA  IIFT Delhi  25.16 LPA.  MBA salary depends a lot on specialization as well. Among the specialization, Marketing and Finance offers better placements. Read more
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Ques. How good is KJ Somaiya (SIMSR) for doing an MBA in India?

● Top Answer By Aditya Shah on 25 Apr 22

Ans. As a B-School, KJ Somaiya has certain factors which are advantageous, such as location, ROI, alumni base. Since Mumbai is the corporate hub of India, the college easily attracts many companies. SIMSR has a huge alumni base with people working at imminent positions in the corporate world.  However, it doesn’t come under the top B-Schools in India. SIMSR brand doesn’t have much recognition. Although it attracts many companies, the placement average isn’t at the same level as top B-Schools. KJ Somaiya placements 2022 had an average CTC of INR 10.95 LPA. Read more
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Ques. Is NMIMS a good college for an MBA?

● Top Answer By Akriti Gupta on 12 Sept 23

Ans. Yes, NMIMS is considered to be the MBA college in Mumbai city and its MBA program is highly regarded among aspirants. Here are a few pros and cons of the institute that might help you  Pros The college is well-known for its state-of-the-art infrastructure. The classrooms have all modern facilities and the library too is well-stocked. Its location gives it leverage in establishing healthy industrial relations. The parity of the faculty cannot be doubted as they deliver excellent lectures. The academics are much more than just bookish language as students are made to solve Case-based studies. The food served in the canteen is quite good. Students get the chance to participate in lots of competitions and earn well, or get PPI. Cons : NMIMS fees are exorbitantly high. The first-year fee is INR 11.95 Lakhs. You also need to consider the expenses of living in Mumbai. Hostel faculties for only limited students  A few faculties have no interest in teaching.  The placement stats are inflated and thus misleading.  The MBA batch of NMIMS has a huge batch of around 600 students affecting the quality of education. There is a huge gap between the administration and the students.  Easy entrance exam affects the quality of the crowd. So, NMIMS was once a great B School but the increasing batch size has affected its reputation largely. You can go for colleges with a smaller batch size and similar fees to get better job opportunities.Read more
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Ques. I completed my BBA two years back and now I have 2 years of work experience. I did a distant PGDM from NMIMS. If I clear the CAT this year, should I go for a regular MBA?

● Top Answer By Varsha Roy on 27 Jun 21

Ans. Since you already have a work experience of 2 years you should go for an executive program from a reputed institute rather than doing any regular program. You should never hold your career because of continuing with a regular MBA program rather than you should choose an executive program. For the executive program, you can choose a 1-year global MBA degree in collaboration with 3 B schools. They are Cardiff School of Management, UK, IIM-Indore, and Universal Business School, Mumbai. In this program, you will be able to learn from these big institutions, especially IIM’s. You will also be getting good global exposure. The curriculum of the college will be the British curriculum and all these programs will develop your skills and will help you in your career development. The executive program of IBS Hyderabad is also very good. There are several other institutes offering executive MBA programs where you can research and choose the best option.Read more
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Ques. How is the NMIMS distance learning program in MBA?

● Top Answer By Namrata Das on 22 Jul 22

Ans. NMIMS Global MBA program is better than other distance MBA programs available. The course is designed as per the requirements of working professionals. Students get the required support from the university and the centers.  They have student portals and Whatsapp groups to keep students updated regarding course-related information. The year-wise examination is taken in an online mode at students’ convenience.Read more
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Ques. Which is best course in MBA?

● Top Answer By Advait Joshi on 15 May 23

Ans. There are numerous top MBA programs around the world, and the program best suited for you depends on your personal and professional goals, as well as your budget and other factors. Some of the most highly ranked MBA programs include: Harvard Business School MBA program Stanford Graduate School of Business MBA program Wharton School at the University of Pennsylvania MBA program Kellogg School of Management at Northwestern University MBA program University of Chicago Booth School of Business MBA program MIT Sloan School of Management MBA program Columbia Business School MBA program INSEAD MBA program (based in France, Singapore, and Abu Dhabi) London Business School MBA program Yale School of Management MBA program All the above MBA programs are consistently ranked among the top MBA programs in the world by various rankings organizations, such as the Financial Times, Forbes, and Businessweek.Read more
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Ques. How is NMIMS Mumbai for an MBA?

● Top Answer By Ankita Sinha on 31 May 22

Ans. NMIMS Mumbai offers a good MBA program. It has a brilliant faculty base. Most of the faculty members are well-experienced and cooperative. If you are interested, you can research under any professor of your choice. It follows the Harvard case studies. You can learn and participate in the case study competitions.  NMIMS Mumbai placements 2022 had an average CTC of INR 19.40 LPA. While the highest CTC offered by the institute was INR 24.84 LPA. Located in the finance capital of the country, it also offers good exposure to students. Read more
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