India Today

Rising up to the challenges

How B-schools can fix their specific set of employment problems and make management education relevant.

A recent study by ASSOCHAM reveals that only seven per cent of India's management graduates match industry expectations. Lakhs of MBA graduates come out of business schools every year in the country. Apart from the IIMs and a few other management institutes that have intelligently assimilated industry experts and relevant practices, most of the over 5,500 B-schools are unable to stand up to the challenge pertinent to employment requirements of the industry.

Quality in management education has taken a back seat to the needs of running a business. Ninety-three per cent of MBA graduates end up

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