In advertising we come across everyday useless products of such MBA college. Better pursue a career of property dealer that joining these farce colleges.
Re: United Business Institute
by nadeem on Feb 07, 2011 04:21 PM
u can do with ignou if u want to do in part time ignou conducted openmat test 2 time in year
Re: Ranking
by kalyanaraman s. on Feb 07, 2011 02:56 PM
CRISIL has introduced the rating (quite similar to rating of investment products/instruments) for business schools too.
The other challenge I have seen with MBA students is that someone in the chain has promised them a job that will get them a cabin in office. What gets you higher up in any organisation is your capability, your passion and not the MBA certificate.
I have found people without MBA more successful than the ones who have. These are the people who know they dont have great qualification but they know they have to become someone so they work so hard that they get the desired results.
Re: Mind set
by kalyanaraman s. on Feb 07, 2011 03:32 PM
absolutely ! it is like the African athletes, who do not have the modern sports equipment and have to rely on their hard training and talent to win medals at the Olympics !
I have interviewed 30 candidates from a well known MBA school in South. Key skill required was financial analysis, hence we had asked for students having MBA with speciailisation in Finance. Surpisingly these student knew nothing about Financial analysis. A simple question on what is margin or mark up went unanswered. This clearly shows that the Institute is only making glamorous presentations to the young crowd that we have. There is no certification program which gives the college some marks for Parents to decide which is a good college. A college that provides Laptops has no value unless they teach the students how to calculate IRR, NPV on the laptop.
AICTE association has not added any value and this is confirmed by this article once again.
The future of this country is in the hands of these glamorous colleges who shape the knowledge of our younger generation. The HRD Minister should step to evaluate these colleges based on the assessment formats that gets recommended by the People in the industry.
Re: MBA Schools
by kalyanaraman s. on Feb 07, 2011 03:58 PM
HRD Minister is busy defending the 2g Scam and will have very little time to attend 'trivial' (!) issues like improving the quality of the education !! it is necessary to teach them how to compute IRR etc., on their laptop, but more importantly, in my opinion, they must be taught the concept/fundamentals behind such factors. over-reliance on technology to do fundamental things will prove counter-productive
