Dear All,
Who does MBA?
A year back, I have conducted a research on MBA aspirants. All were graduates and cleared PGCET/MAT/GMAT exam. They were attending a session on enrolling for MBA or already enrolled for MBA. I have administered a career interest test and the result showed that out of 250 students, 45% of students do not have any interest in the management related education! The third component for achieving academic success i.e. Personality did not check for logistic reason. the research shows very clearly that there is some thing wrong in the system, which we are not addressing (unnecessary hype about MBA/ Less opportunities in other sectors, etc.).
The research was presented in an international conference as well as got published in IJRCM, September, 2012.
Regards,
Prof. Vijendra Kumar S.K.
Assistant professor & Counseling psychologist
PESIT Center for Counseling and Guidance
PES institute of Technology
Bangalore.
Who does MBA?
A year back, I have conducted a research on MBA aspirants. All were graduates and cleared PGCET/MAT/GMAT exam. They were attending a session on enrolling for MBA or already enrolled for MBA. I have administered a career interest test and the result showed that out of 250 students, 45% of students do not have any interest in the management related education! The third component for achieving academic success i.e. Personality did not check for logistic reason. the research shows very clearly that there is some thing wrong in the system, which we are not addressing (unnecessary hype about MBA/ Less opportunities in other sectors, etc.).
The research was presented in an international conference as well as got published in IJRCM, September, 2012.
Regards,
Prof. Vijendra Kumar S.K.
Assistant professor & Counseling psychologist
PESIT Center for Counseling and Guidance
PES institute of Technology
Bangalore.
From: Ramesh Vemuganti <vemugantiramesh@gmail.com>
To: join_mtc <join_mtc@googlegroups.com>
Sent: Sunday, September 1, 2013 9:14 PM
Subject: Re: [MTC Global] Business schools fail to attract students
Ramesh Vemuganti.regardsBe that as it may, what is happening is market correction & survival of not the fittest, but the most adaptable. The educated unemployed will become the biggest challenge for India.Dear MTCians
MBA has become a mockery in India.
Any one who wants a job/ some job/ better job anywhere in India, does an MBA, with no understanding of what it is all about. As for the students from rural areas, an MBA was a big thing in life & obtaioned the certificate
without opening their mouths in classrooms. He or she has a choice of 1000 colleges offered by many universities in all formats - full time, part time, distant, instant, modular, tutorials, secular, online, off line & finally, out of line. Xerox centers did roaring business selling project reports - right from Marketing to Finance to HRM to BPR to Strategic Mgt to Telecom Mgt. In fact, they did a superb Strategic Mgt, which can be a case study in itself. Publishers of Sweekar & other all in one Guides have raked in a moolah & made hay. Result - Last 4 years MBA/ PGDM candidates are jobless, ready to work for even Rs 5 K.
How can anyone expect admissions against this backdrop???
Well, it pains us , Management thinkers/ professionals/faculty/ managers, considerably, that an MBA program has been so poorly treated & exploited by several stakeholders in this manner to the point of extinction. It has become yet another PG course.
For MTC G, this is no news, as we have been discussing & deliberating in our forum for last 2 years now. Several senior members & educators have offered remedial measures, warned about the future trends & predicted the fall of the program.
It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change.WHAT IS ADAPTABLE FOR MANAGEMENT EDUCATION ?. OUR SENIOR MEBERS WILL DEFINE & DISCUSS.
--On Sun, Sep 1, 2013 at 2:39 PM, Prof. Bholanath Dutta <bnath.dutta@gmail.com> wrote:
--Business schools fail to attract studentsHindustan TimesBusiness schools in India are battling problems of unfilled seats, high attrition rate of teachers and poor placements.
Of the 2.82 lakh seats in the more than 3300 All India Council for Technical Education (AICTE) recognised management institutes, 30.48% were not filled in 2012-13. The number for 2011-12 and 2010-11 was 33.58% and 26.82%, respectively. "Without redesigning, the MBA degree will drift into irrelevance," feel experts.Survival tactics include addressing the basic premises on which management education is based. This includes revising curriculum to make it job relevant.In 2013-14, 145 business schools applied for closure - while 110 applications were received for opening new institutes, much less than the 244 applications two years ago."The supply has certainly exceeded the demand," AICTE chairman SS Mantha said.Tripurari Pandey, director, Ajay Kumar Garg Institute of Management adds: "The good students go to IIMs. If the market is dry, it becomes a daunting task to get good placements." The average salary of an MBA graduate is R15000-20000 per month, says Satish Kumar, director Vidya School of Management. "When a student can get the same salary by doing a certification course why will he go for MBA?""Over the years a large number of management institutes have opened up but they are not focussing on knowledge and skill," says Lalitya Vir Srivastava director Asian Business School.Educate, Empower, ElevateProf. Bholanath Dutta
MTC GLOBAL- Educate, Empower, Elevate
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MTC GLOBAL- Educate, Empower, Elevate
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