220 B Schools have shut down in 2 years

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An MBA, or Master in Business Administration degree, is an internationally recognised passport to a successful management career. Designed to broaden your horizons and build on your strengths, it takes into account all the major aspects of business: marketing, finance, accounting, quantitative methods, IT, organisational behaviour & human resource management, operational & strategic management, research methods & consultancy, environment, change management, business policy & strategy, leadership & entrepreneurship, contemporary & pervasive issues, internationalisation. In the last five years, the number of B-school seats in India has tripled. In 2015-16, these schools offered a total of 5,20,000 seats in MBA courses, compared to 3,60,000 in 2011-12. Around 220 B-schools have shut down in the last two years in Delhi-NCR (National Capital Region), Mumbai, Kolkata, Bangalore, Ahmedabad, Lucknow, Hyderabad, Dehradun etc. and at least 120 more are expected to wind up in 2016. Low education quality coupled with the economic slowdown, from 2014 to 2016, campus recruitments have gone down by a whopping 45 per cent. The lack of quality control and infrastructure, low-paying jobs through campus placement and poor faculty as the major reasons behind India’s unfolding B-school disaster. India has at least 5,500 B-schools operational at present, but including unapproved institutes could take that number much higher, the report by Assocham said, expressing concern over the decay in the standards of these B-schools. So focus on Studying for an accredited MBA from top 50 colleges across India only. MbA gives you an exceptional platform for networking at the highest level. You will be part of a diverse and experienced group of professionals, studying with people who have been carefully selected, whilst benefiting from top quality connections with the alumni of some of the world’s best business schools. As one graduate explained, ‘after what you go through together, the partnerships you forge during your MBA are for life – you can find a business partner, a mentor, a friend, and endless career opportunities.

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