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7 steps to prevent your institute closing down

  1. 7 Steps on How you can prevent Shutting Down your Institution
  2. Premise 3 Major Challenges for your Institution Low Application Placements in Local Appeal Numbers Top Companies Your current measures are not solving these
  3. Consistent Failure to top-grade may lead to: Losing Application numbers And Admissions for programs What is the Losing Corporate Credibility Cost of Failure? Shutting down of Program or College
  4. Trends in Education Space in India  No more Local advantage – More Universities and Institutions are competing for important pockets and markets in a single location  No Insurance for Future admissions or Application numbers for colleges  A smarter applicant base that is connected better than before  A thinning differentiator between Universities, Business School, Institutions
  5. Why should you be bothered?  There are more than 3 similar institutions in your city/district/location  More institutions have been sanctioned and more similar looking successes will be sought to be replicated  Corporate credibility has to be built  Pan-India applications have not been what you always wanted
  6. Can this be solved? Yes..
  7. How? - The 7 Steps  Local to National brand appeal and Growth  Placements top-grading  Year round networking with students/applicants from across India  Knowledge of Applicants behavior, preparation pattern, etc.  Dedicating resources in the right domain  Insuring your future application numbers  Developing an internal system of excellence
  8. Local to National brand appeal and Growth  Connect with pan-India audience  Today's applicants are not available on newspapers or radio. They are with more “Visual” mediums – like the 'Internet'  Re-package your programs with a national appeal  Sign-up with national level tests/ Accept national level test scores  Create an Internal team for this transition
  9. Placements top-grading  Network with the best companies through your students and faculty  Exhaustive Social media strategy for Placements alone  No compromise on the quality of admission into your programs. Better quality students directly 'translate' into better PLACEMENTS  Internal training programs for updated skill set training.
  10. Year round networking with students/applicants  Traditional media like – Newspapers, TV, Radio, etc do not provide you with this facility  Start early and become a part of an applicant's daily life  Understand and use the Application Decision matrix, and preparation patterns  Use Student Forums for such activities. They are FREE.
  11. Knowledge of Applicants  behavior, preparation pattern, etc.  When do they start preparing?  Why do they select institutes in a particular way?  When do they apply/ buy forms?  How do they measure institute worthiness from their own networks from Forums?  What are their (applicants') pain-points?  “They are more interested in knowing what you can do for their career, rather than your infra or laptop etc”
  12. Dedicating resources in the right domain  You don't need to spend a large sum of money in branding or advertising – save for internal development  Print, TV and Radio are not the places applicants spend their time. Seek for the largest and best forums online  Get a crack-team of 3 people most with a budget dedicated towards pan-India branding over 6-10 months.
  13. Insuring your future application numbers  How does one Insure application numbers? Answer – Branding, networking, perceptual advantages, and being a part of the lives of over 1,000,000 applicants in India  Money you spend is not COST. It is like an Insurance Premium you pay for better application numbers for years to come  Spend in mediums and places where people don't forget you after the very day of your communication.
  14. Developing an internal system of excellence  The best faculty  The best infrastructure  The best pedadogy and industry relevant curriculum  These are all basic neccessities of an excellent system – Get them done  The best alumni network
  15. Example of a Forum  Pagalguy.com  India's largest online community or forum of MBA applicants and also for students who are looking at other post graduate degrees (like MCA, MTECH, MPHIL, PHD, etc)  Over 6,00,000 unique users visit Pagalguy every month to discuss and network with fellow applicants, b-schools, Universities  Your official statements can be published by your team on Pagalguy Forums.
  16. Who uses Pagalguy Forums and its Branding Programs?  Top-200 Business Schools in India (ISB, IMT, IMI, SP Jain, NMIMS, etc)  Top University programs in India (FMS Delhi, UBS Chandigarh, Amrita University, Symbiosis, Hindustan University, etc)  Top International Institutions (HULT, York University – Schulich, Bradford University, Aston Business School, Duke Fuqua, etc)
  17. What Now?  We can work together with you and design your pan-India plan with all the 7 steps mentioned in this document  You can work on an annual or 5 yrs plan basis, wherein our expertise and training will be provided as a Freemium service to you  2011-2012 Admission season should be the one that changed your institutes canvas forever
  18. Case Studies Of Institutions who have used Online Forums like Pagalguy.com in the last 3-4 years
  19. S P Jain Institute of Management (Dubai & Singapore)  Pagalguy Client Since – 2006  Improvement in Application numbers – 67% year on year  Improvement in %ile Cut-off marks – 20 points  Official thread - Yes (Admission Query Thread)
  20. Amrita Business School (Amrita University)  Pagalguy Client since – 2006  Improvement in Application numbers – 60% year on year  Improvement in %ile cut-off marks – 25 points  Official Thread – Yes (Admission Query, Life at Amrita)
  21. Great Lakes Institute of Management (Chennai)  Pagalguy Client since – 2007  Improvement in Application numbers – 50% year on year  Improvement in test scores (GMAT) – 80 points  Official Thread - Yes
  22. Reference Charts For all data shared in this document
  23. Chart 1 – Preparation Pattern of Applicants Decision Time Band Application Time Band March June October Nov Jan May Early Starters CAT Exam Peak time for Fever Entrance test Preparation Fn(Recall,mindshare) <1 ; Sub-Linear Fn(Recall, branding, mindshare) > 1 ; Super-Linear/ Exponential
  24. Website Traffic – Global (Pagalguy)
  25. City Wise Traffic in India
  26. Visitor Loyalty at Pagalguy.com
  27. Secrets of Digital Marketing Compiled by the team at Pagalguy for Business Schools and Universities. Click to Download your FREE Copy
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