In the current times, the field of education is undergoing a drastic change especially with the various rankings. If we concern about rankings, we have the QS-World rankings of educational universities. In the Indian context, we have the Atal, NIRF, and a score of other rankings carried out by private bodies like The Times, B-School, etc. The educational universities and or the educational institutes hope and target for a better reputation among the contemporaries which can help them to sustain in the competition. There are various parameters with which the institutes are ranked. These are not same for the world and Indian ranking standards. The main entities in an education process are the educational institute, the teachers or faculties, the students, the quality governing bodies, and the policy-making bodies. The ranking of the institutes helps the educational institutes to attain good quality of students. This indirectly helps in attaining quality for the institutes in terms of performance and the institutional rankings. Hence, we can say that the selection process in the educational institutes can be a crucial, pivotal step in attaining the final institutional rankings. In this paper, we have discussed the importance of selection process of candidates for an educational institute. We have also presented the significance of various attributes of students in the selection process. The fast advancing domain of AI and its impact on this process is also considered.