The BT-Cosmode investigation from a study of the Indian Business Schools, award MBA degrees.

These approximately 1,000 schools in India. Some schools, like the famous Indian Institute of Management Ahmedabad, Jamnalal Bajaj Institute of Management Studies, Mumbai, Faculty of Management Studies, Delhi, XLRI Jamshedpur and the Indian School of Business at Hyderabad in the study.

The ten above the rest was Indian Institute of Management, Bangalore, Indian Institute of Management, Calcutta, Indian Institute of Management, Lucknow, National Institute of Industrial Engineering, Mumbai, Indian Institute of Management Kozhikode, Management Development Institute, Gurgaon, ‘Indian Institute of Management, Indore, Shailesh J Mehta School of Management, Mumbai, SP Jain Institute of Management and Research, Mumbai and Indian Institute of Foreign Trade, New Delhi. The number of visits by the staff of these intermediary organizations ranging from 27 to 70 The average salary of candidates ranging from 5.45000 to RS Shailesh J Mehta School of Management at 7.60000 for the RS Indian Institute of Management, Bangalore.

While Indian Institute of Management of the study were excluded from IIM Bangalore director attributes poor quality “of students from the Faculty of worse than poor infrastructure” and even indicates IIMs and IITs are no exception.

He suggested that salaries should be increased in order to have better teachers, more lucrative on the market.

Accordingly, as the schools themselves to draw up the layer of the cream of the students are not able to fully meet the needs of companies across the globe. “They totally miss out on train students in the dynamic business organization in a company,” said TK Mansions, CEO of Wipro BPO solutions.

Of the 1257 recognized schools, only 132 were considered “average or rather of the” All India Management Association, and produce about 20000 graduates, but yhey are not all on the mark, followed by Merit.

S. Sriram, CEO of Chennai’s Great Lakes Institute of Management, said fewer than 100 B-schools “in the value of their salt and students lack basic skills and even obtain MBA degrees just until the end without jobs.

Similarly, “is not too surprised by the” Merit is monitoring results Rajan Saxena, the director of Mumbai’s SP Jain Institute of Management and Research, which indicates, the “questionable quality” of management training the ninety percent of schools, libraries missing.

But students in Mumbai and Pune have an appearance of a pat on the back of the runway Merit, as they better that students in Delhi, Calcutta, Chennai and Bangalore to test the capabilities of the investigation. Bangalore and Chennai were the worst of the lot.

One reason could be that the South has seen a Management Institute rather like mushrooms in the soil. JK Iyer, a professor at the Chennai-Loyola College of Business Administration, many of these schools are, like the kiosks (sales MBA). Iyer said, “the only time, companies to visit schools in the South is in hiring and the end always the black sheep.”

Madan Padaki Merit Trac hopes that this “serves Eye-opener for India Inc Critics, both in industry and universities, said that other national authorisation that the Agency should monitor AICTE Management Training .

Having spent the last two years in business school, Davi Bryan certainly understands that things are far from normal in the U.S. economy.

However, financial-market turbulence hasn’t affected her or most of her classmates, who picked up their MBA degrees Friday from Washington University’s Olin School of Business. “It has had a direct impact on only one student that I know of,” Bryan said. “People are getting great jobs.”

Bryan, 29, had three offers and accepted a job months ago as a human capital consultant with Deloitte & Touche. The firm was one of her top choices of employers and the job is in Dallas, which was her preferred location.

“It’s the right job for me, it’s the right fit, and my salary is more than triple what I was making before I went to graduate school,” she said.

More : stltoday.com

The BT-Cosmode survey made a study of Indian business schools that award MBA degrees.

Such schools number about 1,000 in India. Some famous schools like Indian Institute of Management of Ahmedabad, Jamnalal Bajaj Institute of Management Studies of Mumbai, Faculty of Management Studies of Delhi, XLRI of Jamshedpur and Indian School of Business of Hyderabad did not participate in the study.

The topmost ten of the rest were Indian Institute of Management, Bangalore, Indian Institute of Management, Kolkata, Indian Institute of Management, Lucknow, National Institute of Industrial Engineering, Mumbai, Indian Institute of Management, Kozhikode, Management Development Institute, Gurgaon, Indian Institute of Management, Indore, Shailesh J Mehta School of Management of Mumbai, S P Jain Institute of Management and Research, Mumbai and Indian Institute of Foreign Trade, New Delhi. The number of recruiters visiting these institutes ranged from 27 to 70. The average salary obtained for recruitees ranged from Rs 5,45,000 for Shailesh J Mehta School of Management to Rs 7,60,000 for Indian Institute of Management, Bangalore.

New Delhi, April 21 With even the IIM (Indian Institute of Management) graduates finding themselves without jobs, and the top-guns of management education forced to walk the tight rope, the scene is bad for those who get their MBA degrees from the highly overpriced private B- schools. “Most of these institutions do have some placement programmes, but they don’t get top of the line companies. The starting salaries range from Rs. 5000 to Rs. 15,000. When it comes to recruitments, students from IIM and FMS have an advantage,” says a placement consultant. She adds that many students from private B-schools are listed with her, but don’t get the best jobs.

The institutes disagree. Most boast of almost hundred per cent placement in major companies. So, the Jagannath Institute of Management Studies placed its students for a “summer training” in companies like Maruti Udyog, Phillips, Hewlett Packard. The Management Education Research Institute (MERI), affiliated to the Guru Gobind Singh Indraprastha University boasts of having provided placements to 75 per cent of its outgoing batch, in companies like Blue Dart, Delhi Press and Aditi Computers.

But don’t let the ads fool you. In most cases, it is just one odd student who makes it to these companies. In fact, even in institutes like the Indian School of Mines, Dhanbad, the MBA batches for almost two years now have not been getting proper placements. “Most companies just came, conducted tests and interviews and said they would get back to us. The entire exercise was an attempt to prove that they are not facing recession,” revealed an ISM student. The companies which did take in students, soon started retrenching.

The B-schools refuse to take responsibility. “We don’t assure placement, we just assist students. We give them the lead and if they are go-getters, they rise. But the IIMs are a brand name. Don’t compare us with them,” says K.N Grover, placement officer, MERI. As for the students, they oscillate between hope, despair and anger.

Rachit Sharma, an ex-student of the Delhi Productivity Council says, “We didn’t have a campus, so there were no campus recruitments. The placement authorities gave us a few contacts to try our luck. It was more like a consultancy than a proper placement cell.” Another final year student from a institute affiliated to I.P. University complains, “The students doing MBA from the main campus get more attention and placement assistance. But in our institute students are virtually running their own placement cell.”

Yet their remain students who prefer to go in for these B-schools Their view is- while we can flourish in these institutes, if at all we make it to the IIMs, we will be at the bottom of the ladder there. Says Abhishek Kaushik, ex-student of the Institute of Professional Excellence in Management, “We had a good building, and a well-furnished lab. They also provided placements -companies like HCL and Hero Honda came in last year.” But, then Abhishek was lucky.

As one placement consultant says “At the end of the day, it is the faculty and infrastructure which set an A-grade school apart from a B-grade one.” So, while some private B- schools like the Amity Business School, and Indian Management Institute, Ghaziabad have made a name for themselves, others by and large remain “B-Grade” in terms of academics and placement.