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MBA Placement Preparation: Course, Tips, Interview Tips

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Sounak Banerjee

Associate Content Manager

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. 

See Also: MBA Group Discussion (GD) Topics 

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. 

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 well: 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 which 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. 

Ask your question

Answered Questions

AR

Astha Roy

23 Feb 22

Your brother has a fairly good chance of section as his CAT percentage is well-above the required cutoff. For 2021, IIM Kozhikode cutoff was 85 (for general category students). But the selection depends a lot on the interview performance too. So, ask your brother to prepare thoroughly for the interview round. 

You can go through the section criteria and the admission procedure of the institute to clear any doubts you may have. 

...Show More

AS

Anika Sinha

31 May 22

NMIMS Mumbai is a good option for MBA. It ranks right after the old and top IIM. NMIMS Mumbai placements are excellent. Many national and multinational companies take part in campus recruitment. During placements 2022, students received an average CTC of INR 19.40 LPA.

The academics offered at NMIMS can be compared to premium management institutes. NMIMS employs a case-study-based teaching methodology. It has a tie-up with Harvard Business Review. 

One of the drawbacks of the institute is the huge batch size. NMIMS student intake is over 500. Due to the large batch size, the competition during placement becomes extremely high. 

...Show More

AC

Anumita Chowdhury

25 May 22

Professional life after an MBA from NITIE Mumbai can be promising and rewarding. NITIE continues to be one of the top management institute in the country. Many alumni of the institute are working as CEOs at reputed companies.NITIE Mumbai placements 2022 ended with an average CTC of INR 25.41 LPA. 

...Show More

AB

Anumita Banerjee

31 May 22

Symbiosis Pune MBA is comparable to IIM Lucknow, Indore, Kozhikode, Narsee Monjee, and MDI. It is better than most of the tier 3 IIM. SIBM Pune MBA placements are pretty good, especially for HR and Marketing. 

SIBM Pune placements 2022 ended with an average CTC of INR 23.06 LPA. The major recruiting sector was Consulting, FMCD or FMCG. 

...Show More

AM

Ashmita Mukharjee

25 May 22

Yes, NMIMS, Mumbai is an excellent option for an MBA. Due to the locational advantage, it offers good placements and exposure. Huge list of companies visit the campus placement each year. NMIMS Mumbai placements highlights for 2022, show an average CTC of INR 19 LPA.

NMIMS Mumbai focuses a lot on academics outside of traditional classroom teaching. Their approach to academics is unique. You will learn through Bloomberg labs, the WeCare internship program, an unparalleled repository of e-journals and market data. 

The only drawback for the institute is its huge batch size. This results in a dip in placements. 

...Show More

SG

Sinchita Guha

23 May 22

PUMBA is undoubtedly the best B-School in Pune. It offers the best ROI, after FMS, JB, and SIMSREE. PUMBA MBA fees are INR 1.29 Lakhs only. While the average CTC for the institute is only INR 6.47 LPA. 

PUMBA follows an effective trimester course pattern and major and minor specializations. The campus has good infrastructure with a well-equipped library, gymnasium and medical facilities. 

...Show More

TB

Tushar Banerjee

30 May 22

DoMS IIT Madras is counted among the top management institutes in India. It has a great placement record. Companies like Google, Avalon consulting, Amazon, RBS, CTS, etc. visit the campus drive regularly. IIT Madras MBA placements 2022 concluded with an average CTC of INR 16.66 LPA. 

DoMS IITM strives for excellence. The faculty base is brilliant. You can get help from TAs and faculty members regarding any problem you face. Being on the lush green IITM campus is a treat. There are many engaging extra-curricular activities that you can take part in. 

...Show More

SB

Sakshi Banerjee

14 Mar 22

The PGPX IIMU-Purdue Supply Chain Management duel degree program is a unique program. 

  • The coursework is rigorous. Over the first 5 months, students learn fundamental subjects of Supply Chain Management along with basic subjects of management such as Finance, Accounting, Management, Statistics, etc. 
  • IIM Udaipur offers quality education, which is reflected in the faculty pool and the academic rigor. 
  • Faculty members make sure that students are getting the right projects for their corporate internships. 
  • Students of this program get to spend a 5-month long semester at Purdue University’s Krannert School of Management. Other than the compulsory core subjects, there is a wide variety of electives on offer as well. 
  • The placement scenario for this PGPX program is excellent. The 2021 batch got an average CTC of INR 19.27 LPA

This program will offer you a learning experience that is beyond academics and textbooks. You will get to build networks with students and faculty members from around the globe. 

...Show More

AG

Anuj Gupta

30 May 22

BITS Pilani MBA fees for this academic year is INR 11.10 Lakhs. Here is the year-wise fee structure for the MBA program. 

First Year Fees  INR 5,61,575 (it includes admission fee of INR 48,100)
Second Year Fees INR 5,48,435 (this amount includes practice school fees)
Total Fees INR 11,10,010

The course fee is likely to increase upwards for the next academic year. The increase in fees won’t be more than 10% compared to the previous year's fees.

...Show More

AM

Abanti Mukharjee

26 May 22

For an MBA degree, BIMTECH will be the best option among these. It has a clear focus on management education and also has the backing of Birla group. BIMTECH placements are pretty good for MBA. According to the recent placement drive, around 95.28% of students got placement offers and the average CTC received by the students was INR 8.07 LPA. 

...Show More

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