Only
one in five MBAs employable : Survey
Employability,
has been been the problem with graduating Engineers..and now with MBAs too!
Mumbai: Getting into a management
institute is easy, any B-school aspirant will tell. The challenge is to secure
a job after graduating. Now, an MBA education blog and a testing agency have
surveyed and found that only one in five MBAs is employable.
The survey conducted in tier-2 B-schools found that a lot of correction was required with regard to the manner in which classroom teaching was conducted.
Students were checked for their skillsin verbal ability, quantitative ability and reasoning. The survey tested 2,264 candidates in 29 cities (an average of 80 students in each city). The top 25 management institutes of India, including the IIMs, were not covered. The overall average percentage score obtained by MBAs in verbal and quantitative ability and reasoning was 52.58%, 41.17% and 37.51% respectively.
“Considering thattheelements of the reasoning test are crucial to making sound management decisions, this is a result which warrants closer attention,” the analysis of the result noted.
This is not the first time such a survey has been held. In 2007, a similar survey had placed the employability index at 25%. Since then the number of business schools in India has risen four-fold from 2006-07from 94,704to3.5 lakh colleges today.
“Questions are asked about the talent coming out of MBA colleges, and whether they create a workforce responsive to the needs of the economy, like understanding of business and on-thefeet thinking. So, decisionmaking skills are being valued more than ever,” says Amit Agnihotri, chairman of MBAUniverse.com,oneof the agencies that conducted the survey.
The pass-through rates were calculated based on the pre-decided cut-off for each test that are at par with the average cut-off scores decided by companies in their recruitment exercises.
The threshold cut-off scores used in verbal ability, quantitative ability and reasoning were 45%, 35% and 40% respectively.
The survey conducted in tier-2 B-schools found that a lot of correction was required with regard to the manner in which classroom teaching was conducted.
Students were checked for their skillsin verbal ability, quantitative ability and reasoning. The survey tested 2,264 candidates in 29 cities (an average of 80 students in each city). The top 25 management institutes of India, including the IIMs, were not covered. The overall average percentage score obtained by MBAs in verbal and quantitative ability and reasoning was 52.58%, 41.17% and 37.51% respectively.
“Considering thattheelements of the reasoning test are crucial to making sound management decisions, this is a result which warrants closer attention,” the analysis of the result noted.
This is not the first time such a survey has been held. In 2007, a similar survey had placed the employability index at 25%. Since then the number of business schools in India has risen four-fold from 2006-07from 94,704to3.5 lakh colleges today.
“Questions are asked about the talent coming out of MBA colleges, and whether they create a workforce responsive to the needs of the economy, like understanding of business and on-thefeet thinking. So, decisionmaking skills are being valued more than ever,” says Amit Agnihotri, chairman of MBAUniverse.com,oneof the agencies that conducted the survey.
The pass-through rates were calculated based on the pre-decided cut-off for each test that are at par with the average cut-off scores decided by companies in their recruitment exercises.
The threshold cut-off scores used in verbal ability, quantitative ability and reasoning were 45%, 35% and 40% respectively.
TOI120808
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