1. 11/25/2010 Rethinking MBA education in India - Rediff Getahead
Rethinking MBA education in India
Last updated on: November 25, 2010 10:27 IST
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Amit Bansal, PurpleLeap.com
India is one of the fastest growing economy in the world and is all geared to become one of the top three economies by the turn of this decade. A by-product of such
incredible economic growth is the employment opportunities across the board. The demand for management professionals is no exception to this trend.
Due to this surge in demand for management professionals, Corporate India is facing a problem of supply of quality talent that can undertake the management jobs
across functions.
One would assume that this huge management talent gap is a real boon for the institutions imparting management educations. However, the statistics of
admissions in the year 2010 tell a different story.
In the year 2010, over 20 per cent of MBA seats went vacant with some states like Karnataka witnessing over 30 per cent empty seats. However, the number of
students who appear for GMAT and CAT continues to rise.
The total number of students who have written various state and national admission tests for MBA colleges is estimated to be over 500,000.
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2. 11/25/2010 Rethinking MBA education in India - Rediff Getahead
To sum up, there is a huge demand for management professionals. The student interest in management education also continues to rise. However, institutions
imparting management education are struggling to fill-in their seats.
The author is a Career Counselor and trainer who heads PurpleLeap, a Pearson Educomp company, that works with colleges to make students employment-
ready.
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