Well said Prof Rajashekar and I agree with you.
Date: Thu, 28 Apr 2016 11:12:13 +0530
Subject: Re: [MTC Global] Is your MBA worth it? Only 7% of India's B-school graduates employable, says study
From: rajashekhar.anand@gmail.com
To: join_mtc@googlegroups.com
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Even from Tier 3 B Schools there are some students (not many) who are regular and dedicated in their classes with excellent performance in college test as well as final exams. They get into reputed corporate houses with reasonably good CTC. Their names are more familiar with the faculty members for their availability and positive interactions in the classes.
There are some average performers regular, dedicated and hard working. They also win the race with something better if not the best. Faculty members are more motivated to groom these students.
But the late and casuals generally end up with low end jobs in the beginning. Subsequently with MBA/PGDM degree and being bitten by the reality, they try to improve over time and position in better levels. Attitude is a big factor that creates different scenario for different students. Leaving aside some unfortunate exceptions this is the general picture.
Passing the exam and getting the job are two different ball games. Generally speaking, institutes are taken for (granted) employment exchange. Top of the mind objective is 'getting a job'. That is right and we have no right to control their thoughts. Nevertheless it is mandatory to complete a number of processes with perfection and there is no short cut. Jumping the queue make them land bruised and hurt. Success comes to those who think and work for perfection.
Dr Biswas
Kolkata
Date: Thu, 28 Apr 2016 11:12:13 +0530
Subject: Re: [MTC Global] Is your MBA worth it? Only 7% of India's B-school graduates employable, says study
From: rajashekhar.anand@gmail.com
To: join_mtc@googlegroups.com
In my opinion the reality of the education is like this: Students generally do not come to the classes. if they come they will listen only few minutes and rest of the time they are in their dreams. If we give assignments they submit it always late. If they study few units in the subject they will pass. Question paper pattern is like that they are few options to students. the left out units will never be studied by him.
Incomplete study can not gives the true knowledge, students are who are genuine only 10% out of 10% 7% are employable. it is 70%. rest of the students simply study for degree not for knowledge. They choose MBA for status symbol.
This is the same case in Engineering Education also.
On Thu, Apr 28, 2016 at 1:16 AM, 'Grajkhowa' via Management Teachers Consortium, Global <join_mtc@googlegroups.com> wrote:
This report / news item is indeed very worrying . The varying quality of MBA education is reasonably well documented but what is particularly disturbing is the scale of the problem .I think there is a major opportunity here for MTc colleagues to brainstorm and collaborate to find innovative solutions to this challenge / problem ( call it what you may). Probably a discussion strand for Sankalp 2016?
Gautam Rajkhowaemail : grajkhowa@aol.comApologies for the brevity of message ; sent on the moveBarring a handful of top business schools like the Indian Institutes of Management (IIMs), most business-schools in the country are producing sub-par graduates who are largely un-employable and therefore earning less than Rs 10,000 a month, if at all they find a job, a report has pointed out.The report blames the lack of quality control and infrastructure, low-paying jobs through campus placement and poor faculty as the major reasons behind India's unfolding B-school disaster.India has at least 5,500 B-schools operational at present, but including unapproved institutes could take that number much higher, the report by Assocham said, expressing concern over the decay in the standards of these B-schools."Only 7% of MBA graduates from Indian business schools, excluding those from the top 20 schools, get a job straight after completing their course," it found.The report says that only 7% of the MBA graduates are actually employable."Around 220 B-schools have shut down in the last two years in Delhi-NCR (National Capital Region), Mumbai, Kolkata, Bangalore, Ahmedabad, Lucknow, Hyderabad, Dehradun etc. And at least 120 more are expected to wind up in 2016," it said."Low education quality coupled with the economic slowdown, from 2014 to 2016, campus recruitments have gone down by a whopping 45%," the study revealed.In the last five years, the number of B-school seats has tripled. In 2015-16, these schools offered a total of 5,20,000 seats in MBA courses, compared to 3,60,000 in 2011-12.The report observed that while on an average each student spends nearly Rs 3-5 lakh on a two-year MBA programme, their current monthly salary is a measly Rs 8,000 to Rs 10,000."Even the quality of IIM/IIT students coming out now compared to last 15 years has come down due to the quality of school education. The faculty is also another problem as few people enter the teaching profession due to low salaries and the entire eco-system needs to be revamped," said the report."The quality of higher education in India across disciplines is poor and does not meet the needs of the corporate world," Assocham Secretary General D S Rawat said.The report also observed that out of 15 lakh engineering graduates India produces every year, 20-30% of them do not find jobs and many other get jobs well below their technical qualification.[Source : Business Standard]--EDUCATE, EMPOWER, ELEVATEProf. Bholanath DuttaFounder & PresidentMTC Global: An Apex Global Advisory Bodyin Management Education, ISO 9001: 2008Partner: UN Global Compact I UN Academic ImpactCell: +91 96323 18178 / +91 9964660759
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S. Rajashekhar
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