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<div class="itg-mosimage"><amp-img src="https://ancillary-proxy.atarimworker.dev?url=https%3A%2F%2Fakm-img-a-in.tosshub.com%2Fsites%2Fmedia2%2Findiatoday%2Fimages%2Fstories%2F2012october%2Fiim-a-students_101912104559.jpg" alt="" height="425" width="650" class="" layout="responsive"></amp-img>Students at the IIM, Ahmedabad, Campus<p>In August, a survey of India's top 100 business schools, which was conducted by Web portal MBAuniverse.com and assessment company Merit-Trac, revealed what many employers had known for a while-a majority of MBA graduates in India are not employable. The survey, which covered 2,264 MBA students from 29 cities, showed that outside the top 25 business schools, the remaining provided only 21 per cent of their graduates with a job.<br><br>The employability of MBA graduates from schools ranked between 26 and 100 was actually worse in 2012 (21 per cent) than in 2007 (25 per cent), when the previous survey was conducted. The number of MBA seats in the country has gone up from just under 95,000 to 350,000 in the same period. The quantity of seats increased at an annual growth rate of 30 per cent. The quality of education apparently did not keep pace. It suffers from the same malaise as much of India's higher education sector.<br><br></p><div class="itg-mosimage"><amp-img src="https://ancillary-proxy.atarimworker.dev?url=https%3A%2F%2Fakm-img-a-in.tosshub.com%2Fsites%2Fmedia2%2Findiatoday%2Fimages%2Fstories%2F2012october%2Ftop-10-b-schools-small_101912104559.jpg" alt="" height="425" width="650" class="" layout="responsive"></amp-img><div class="clicktoenlarge"><a href="#" target="_blank" rel="dofollow">Click here to Enlarge</a></div></div></p><p>While supply has risen to meet the fast-growing demand, lack of quality 
control has meant India has thousands of youngsters armed with a degree but with nowhere to go. Where management education in India actually differs from the broader higher education space is in the topnotch quality of the best institutions. IIM, Ahmedabad, which tops the Business Today rankings in 2012, features in the Top 10 of the very prestigious Financial Times (FT) rankings of the world's best business schools. IIM, Ahmedabad is ranked second in the Asia-Pacific region by the QS 200 rankings of global business schools in 2012. The QS rankings feature six Indian B-schools in the top 36 from Asia-Pacific, which are also in the top 200 in the world. The Indian School of Business, Hyderabad, ranks 20 in the FT rankings for 2012.<br><br>In comparison, rarely does any Indian university, barring perhaps a solitary IIT, make it to the top 200 in any credible rankings of global universities. That India has even a few management institutes which are on a par with the best in the world is big encouragement. So the institutes that lag behind have their role models at home, which have been able to prosper despite all the constraints that India lays down.<br><br></p><div class="itg-mosimage"><amp-img src="https://ancillary-proxy.atarimworker.dev?url=https%3A%2F%2Fakm-img-a-in.tosshub.com%2Fsites%2Fmedia2%2Findiatoday%2Fimages%2Fstories%2F2012october%2Fb-schools-ranking-small_101912104559.jpg" alt="" height="425" width="650" class="" layout="responsive"></amp-img><div class="clicktoenlarge"><a href="#" target="_blank" rel="dofollow">Click here to Enlarge</a></div></div></p><p>The purpose of surveys such as the Business Today B-Schools rankings is to spur competition among institutions. It is competition, and not the heavy-handed government regulation, which will ultimately ensure higher quality standards across institutions in the country. The stakes for India are high. India's comparative advantage, at least over its closest competitor, China, is in its knowledge economy. At the moment, China is marginally ahead of India in the quality of its top management institutes. In the FT rankings for 2012, five Chinese management schools feature in the top 100 compared with India's two.<br><br></p><div class="itg-mosimage"><amp-img src="https://ancillary-proxy.atarimworker.dev?url=https%3A%2F%2Fakm-img-a-in.tosshub.com%2Fsites%2Fmedia2%2Findiatoday%2Fimages%2Fstories%2F2012october%2Fnmims-student_101912105943.jpg" alt="" height="425" width="650" class="" layout="responsive"></amp-img>Students at NMIMS, Mumbai</div></p><p>In the QS rankings for 2012, the honours are evenly shared with six institutions each from India and China in the top 200. India must do better. It needs to power ahead of China in the quality of its skilled manpower. Some institutes are attempting innovative approaches. Says Mukul P. Gupta, director of Management Development Institute, "We have structured our curriculums to meet with the demands and requirements of the industry." Speaking of the changes at the Institute of Management Technology (IMT), Arun Mohan Sherry, director, joint admissions committee, says, "One of the things unique to us is our twoyear global MBA. Unlike other B-schools that facilitate student exchanges for a short duration, IMT's course sends a student for one year to study in Dubai, a hub of trade and industry." It is estimated that by 2020, emerging economies will contribute 50 per cent of the world's GDP.<br><br></p><div class="itg-mosimage"><amp-img src="https://ancillary-proxy.atarimworker.dev?url=https%3A%2F%2Fakm-img-a-in.tosshub.com%2Fsites%2Fmedia2%2Findiatoday%2Fimages%2Fstories%2F2012october%2Fmdi-students_101912105943.jpg" alt="" height="425" width="650" class="" layout="responsive"></amp-img>Students at MDI, Gurgaon</div></p><p>They will contribute more than 66 per cent to the global growth rate. China and India will constitute a lion's share of the emerging economies pie. It is inevitable that global business will increasingly focus its efforts on fast-growing emerging economies at the expense of stagnant markets in the US, Europe and Japan. By 2050, it is estimated that India and China will be the two largest economies in the world, with India's possibly larger than China. If that trend were to translate into reality-possible only if the Government of India does not come in the way-India, and China, will become the hub of global economic activity. Indians and Chinese will own a greater share of global businesses; they already own some globally renowned brands such as Jaguar and Lenovo.<br><br>The question is whether businesses will be managed by Indians, Chinese, Americans or Europeans. India has the numbers to churn out a majority of the world's managers by 2050. But it doesn't have the institutional capability, unless a dramatic turnaround is achieved in the next decade. Of course, some of the most talented Indians will also manage key global businesses. They already do: Anshu Jain at Deutsche Bank and Indra Nooyi at Pepsi to name a few. The challenge is to produce many more such outstanding individuals.<br><br></p><div class="itg-mosimage"><amp-img src="https://ancillary-proxy.atarimworker.dev?url=https%3A%2F%2Fakm-img-a-in.tosshub.com%2Fsites%2Fmedia2%2Findiatoday%2Fimages%2Fstories%2F2012october%2Fxlri-students_101912105943.jpg" alt="" height="425" width="650" class="" layout="responsive"></amp-img>Students at XLRI, Jamshedpur</div></p><p>We should aim for a scenario that in 10 years from now, when an Indian is appointed CEO of a global major, it doesn't make news. Why? Because there already will be so many of them. Only then will India truly arrive as a knowledge economy. It is now up to the hundreds of India's business schools to rise to the challenge.<br></p><div id="tab-link-wrapper-plugin"><div class="authors__container"><div class="authors__by"><div class="authlable">Published By: </div><div class="authdetaisl">AtMigration </div></div><div class="published__on"><div class="authlable">Published On: </div><div class="authdetaisl">Oct 19, 2012</div></div></div><div class="sendros">--- ENDS ---</div></div></div>

education

Education

<div class="itg-mosimage"><div class="itgimage"><img  title="Students at the IIM, Ahmedabad, Campus"  class="" alt="Students at the IIM, Ahmedabad, Campus" src="https://ancillary-proxy.atarimworker.dev?url=https%3A%2F%2Fakm-img-a-in.tosshub.com%2Fsites%2Fmedia2%2Findiatoday%2Fimages%2Fstories%2F2012october%2Fiim-a-students_101912104559.jpg" loading="lazy" /></div>Students at the IIM, Ahmedabad, Campus<p>In August, a survey of India's top 100 business schools, which was conducted by Web portal MBAuniverse.com and assessment company Merit-Trac, revealed what many employers had known for a while-a majority of MBA graduates in India are not employable. The survey, which covered 2,264 MBA students from 29 cities, showed that outside the top 25 business schools, the remaining provided only 21 per cent of their graduates with a job.<br><br>The employability of MBA graduates from schools ranked between 26 and 100 was actually worse in 2012 (21 per cent) than in 2007 (25 per cent), when the previous survey was conducted. The number of MBA seats in the country has gone up from just under 95,000 to 350,000 in the same period. The quantity of seats increased at an annual growth rate of 30 per cent. The quality of education apparently did not keep pace. It suffers from the same malaise as much of India's higher education sector.<br><br></p><div class="itg-mosimage"><div class="itgimage"><img  title=""  class="" alt="" src="https://ancillary-proxy.atarimworker.dev?url=https%3A%2F%2Fakm-img-a-in.tosshub.com%2Fsites%2Fmedia2%2Findiatoday%2Fimages%2Fstories%2F2012october%2Ftop-10-b-schools-small_101912104559.jpg" loading="lazy" /></div><div class="clicktoenlarge" style="width:300px;margin-right:15px text-align:center" valign="bottom"><a href="#" onclick="javascript:window.open('https://ancillary-proxy.atarimworker.dev?url=https%3A%2F%2Fakm-img-a-in.tosshub.com%2Fsites%2Fmedia2%2Findiatoday%2Fimages%2Fstories%2F2012october%2Ftop-10-b-schools-large_101912104559.jpg','window','status=no,resize=yes,toolbar=no,scrollbars=yes,width=821,height=762'); return false;" rel="dofollow">Click here to Enlarge</a></div></div></p><p>While supply has risen to meet the fast-growing demand, lack of quality 
control has meant India has thousands of youngsters armed with a degree but with nowhere to go. Where management education in India actually differs from the broader higher education space is in the topnotch quality of the best institutions. IIM, Ahmedabad, which tops the Business Today rankings in 2012, features in the Top 10 of the very prestigious Financial Times (FT) rankings of the world's best business schools. IIM, Ahmedabad is ranked second in the Asia-Pacific region by the QS 200 rankings of global business schools in 2012. The QS rankings feature six Indian B-schools in the top 36 from Asia-Pacific, which are also in the top 200 in the world. The Indian School of Business, Hyderabad, ranks 20 in the FT rankings for 2012.<br><br>In comparison, rarely does any Indian university, barring perhaps a solitary IIT, make it to the top 200 in any credible rankings of global universities. That India has even a few management institutes which are on a par with the best in the world is big encouragement. So the institutes that lag behind have their role models at home, which have been able to prosper despite all the constraints that India lays down.<br><br></p><div class="itg-mosimage"><div class="itgimage"><img  title=""  class="" alt="" src="https://ancillary-proxy.atarimworker.dev?url=https%3A%2F%2Fakm-img-a-in.tosshub.com%2Fsites%2Fmedia2%2Findiatoday%2Fimages%2Fstories%2F2012october%2Fb-schools-ranking-small_101912104559.jpg" loading="lazy" /></div><div class="clicktoenlarge" style="width:350px;margin-right:15px text-align:center" valign="bottom"><a href="#" onclick="javascript:window.open('https://ancillary-proxy.atarimworker.dev?url=https%3A%2F%2Fakm-img-a-in.tosshub.com%2Fsites%2Fmedia2%2Findiatoday%2Fimages%2Fstories%2F2012october%2Fb-schools-ranking-large_101912104559.jpg','window','status=no,resize=yes,toolbar=no,scrollbars=yes,width=621,height=1129'); return false;" rel="dofollow">Click here to Enlarge</a></div></div></p><p>The purpose of surveys such as the Business Today B-Schools rankings is to spur competition among institutions. It is competition, and not the heavy-handed government regulation, which will ultimately ensure higher quality standards across institutions in the country. The stakes for India are high. India's comparative advantage, at least over its closest competitor, China, is in its knowledge economy. At the moment, China is marginally ahead of India in the quality of its top management institutes. In the FT rankings for 2012, five Chinese management schools feature in the top 100 compared with India's two.<br><br></p><div class="itg-mosimage"><div class="itgimage"><img  title="Students at NMIMS, Mumbai"  class="" alt="Students at NMIMS, Mumbai" src="https://ancillary-proxy.atarimworker.dev?url=https%3A%2F%2Fakm-img-a-in.tosshub.com%2Fsites%2Fmedia2%2Findiatoday%2Fimages%2Fstories%2F2012october%2Fnmims-student_101912105943.jpg" loading="lazy" /></div>Students at NMIMS, Mumbai</div></p><p>In the QS rankings for 2012, the honours are evenly shared with six institutions each from India and China in the top 200. India must do better. It needs to power ahead of China in the quality of its skilled manpower. Some institutes are attempting innovative approaches. Says Mukul P. Gupta, director of Management Development Institute, "We have structured our curriculums to meet with the demands and requirements of the industry." Speaking of the changes at the Institute of Management Technology (IMT), Arun Mohan Sherry, director, joint admissions committee, says, "One of the things unique to us is our twoyear global MBA. Unlike other B-schools that facilitate student exchanges for a short duration, IMT's course sends a student for one year to study in Dubai, a hub of trade and industry." It is estimated that by 2020, emerging economies will contribute 50 per cent of the world's GDP.<br><br></p><div class="itg-mosimage"><div class="itgimage"><img  title="Students at MDI, Gurgaon"  class="" alt="Students at MDI, Gurgaon" src="https://ancillary-proxy.atarimworker.dev?url=https%3A%2F%2Fakm-img-a-in.tosshub.com%2Fsites%2Fmedia2%2Findiatoday%2Fimages%2Fstories%2F2012october%2Fmdi-students_101912105943.jpg" loading="lazy" /></div>Students at MDI, Gurgaon</div></p><p>They will contribute more than 66 per cent to the global growth rate. China and India will constitute a lion's share of the emerging economies pie. It is inevitable that global business will increasingly focus its efforts on fast-growing emerging economies at the expense of stagnant markets in the US, Europe and Japan. By 2050, it is estimated that India and China will be the two largest economies in the world, with India's possibly larger than China. If that trend were to translate into reality-possible only if the Government of India does not come in the way-India, and China, will become the hub of global economic activity. Indians and Chinese will own a greater share of global businesses; they already own some globally renowned brands such as Jaguar and Lenovo.<br><br>The question is whether businesses will be managed by Indians, Chinese, Americans or Europeans. India has the numbers to churn out a majority of the world's managers by 2050. But it doesn't have the institutional capability, unless a dramatic turnaround is achieved in the next decade. Of course, some of the most talented Indians will also manage key global businesses. They already do: Anshu Jain at Deutsche Bank and Indra Nooyi at Pepsi to name a few. The challenge is to produce many more such outstanding individuals.<br><br></p><div class="itg-mosimage"><div class="itgimage"><img  title="Students at XLRI, Jamshedpur"  class="" alt="Students at XLRI, Jamshedpur" src="https://ancillary-proxy.atarimworker.dev?url=https%3A%2F%2Fakm-img-a-in.tosshub.com%2Fsites%2Fmedia2%2Findiatoday%2Fimages%2Fstories%2F2012october%2Fxlri-students_101912105943.jpg" loading="lazy" /></div>Students at XLRI, Jamshedpur</div></p><p>We should aim for a scenario that in 10 years from now, when an Indian is appointed CEO of a global major, it doesn't make news. Why? Because there already will be so many of them. Only then will India truly arrive as a knowledge economy. It is now up to the hundreds of India's business schools to rise to the challenge.<br></p><div id="tab-link-wrapper-plugin"><div class="authors__container"><div class="authors__by"><div class="authlable">Published By: </div><div class="authdetaisl">AtMigration </div></div><div class="published__on"><div class="authlable">Published On: </div><div class="authdetaisl">Oct 19, 2012</div></div></div><div class="sendros">--- ENDS ---</div></div></div>

It takes a lot to get to the top but more to stay there. Business schools in India must focus on producing global leaders, not degree-holders.

India Today

Quality, Not Quantity - India Today

A majority of MBA graduates in India are not employable: Survey

Quality, Not Quantity

Immigration agents fired multiple shots at Pretti, a 37-year-old intensive care unit nurse at a veterans’ hospital, during protests near his home. His death marked the second fatal encounter between federal immigration officers and US citizens in Minnesota this month.

Demonstrators take part in a vigil and protest over the fatal shooting of Alex Pretti. (Photo: Reuters)

ICE, federal agents

Federal agents placed on leave after Alex Pretti killing in Minneapolis: Report

Dalip Chadha was arrested at the scene at Applegarth Drive in Ilford in the early hours of Tuesday, the Metropolitan Police said. The victim, believed to be his wife, is yet to be formally identified.

Lucknow girl murder

Indian-origin man charged in London woman’s murder

New Zealand captain, Mitchell Santner, believes that playing India on their home turf gives them the best form of preparation going into the T20 World Cup 2026. 

IND vs NZ

Playing India at home, no better test for New Zealand ahead of T20 World Cup 2026

Congress leaders in Tamil Nadu want a substantial increase in the number of seats they contest in this assembly election and have a proper share in power, but the DMK is not willing to give more seats than it did last time.

kanimozhi meets rahul gandhi congress dmk

Kanimozhi meets Rahul Gandhi in Delhi; no breakthrough in seat talks: Sources

Punjab Police have also begun advising two-wheeler riders to wear mufflers and avoid flyovers as a precaution against the sharp, glass-coated kite string, which has caused several fatal accidents in recent days. 

Kite flying muffler strategy Punjab police

Muffler strategy, kite ban as Punjab battles China dor menace

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Ajit Pawar

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Donald Trump

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Iran

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WPL 2026

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Budget 2026

Prime Minister Narendra Modi’s election rally in poll-bound Kerala on Thursday saw a warm and light-hearted moment when he paused his speech to acknowledge a young child in the crowd holding up his picture, drawing loud applause. Modi asked the boy to hand over the photograph, write his home address on the back, and promised to write to him personally, directing SPG personnel to handle the picture carefully as a token of the child’s affection. 

PM Modi's Kerala  rally.

You’ll get tired beta: PM’s warm moment with child holding his pic at Kerala rally

 Amidst inclement weather and heavy snowfall, a team of Udhampur police rescued 12 individuals, including women and children, who were stranded at Chochru Galla in the upper ridges of the Basantgarh area.

Udhampur Police Rescue 12 People Stranded In Heavy Snow

Udhampur police rescue 12 people stranded in heavy snowfall in J&K's Basantgarh

Ajith Kumar's fans took the celebrations too seriously as they burst crackers inside a theatre hall during Mankatha screening. The film re-released in South India on January 23.

Ajith Mankatha celebrations

Watch: Ajith's fans burst crackers for Mankantha intro scene inside auditorium

In an exclusive interview with India Today TV Consulting Editor Rajdeep Sardesai at Davos, Somalia's Deputy Prime Minister Salah Ahmed Jama spoke in fluent Hindi and slammed Donald Trump for his remarks and recalled his student days in India. 

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A majority of MBA graduates in India are not employable: Survey

It takes a lot to get to the top but more to stay there. Business schools in India must focus on producing global leaders, not degree-holders.

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