Indians have to understand the country's ground realities and behave realistically. Having an MBA or engineering, medicine qualifications is not lucrative anymore, the country has to grow economically so MBAs can contribute to more growth. The reforms on open markets, FDI and globalization are only making Indians to achieve richness and luxury through a short cut which in reality is just a dream for normal service class people. The whole education system needs a revamp. I remember one of our earlier statesman mention, "Education is the backbone of a nation". In the current corrupt political scenarios, this appears more of a dream.
Indian School of Business, HYD has 2 yrs experience pre-requisite for Admission. But many 2 BR & 3 BR Apt Univ dont have even Bachelors' Degree pre-requisite. Faculty is also not well qualified to teach and what else can you expect?
Most of them land up as Frontline Salesmen..........and it will be years before they get to put anything they learnt in the B School to actual practice............
So much of hype around MBA, first it was the IIMs and then a plethora of B Schools......
I am really curious to know how a 2 year diploma can bring about great Business Acumen and Administration in fresh from college grads for practically all disciplines........
Why do organizations select these fresh buns and do they really handover the organizations to such fresh buns with the hope that these guys can bring about magical changes?
Hundreads of Universities in this countrymanages MBA cources. But except a few has strict adherance to the quality of the course and no one pass outs from these univesities are considered for good jobs. Quality is a must for a univesity course and in this country of fakes and fictitious products,we can never expect it.
