How effective are Indian B-schools?

Business schools has a major part in the development of a country that is what proved by our country in the recent years. Our country has good engineers. But the masters in business is very few. Now professionals in technical also doing their masters in business. Which will help the growth of our country and reduce the brain drain....

Hello Everyone.

First, we must know that what is the meaning of B school, bB school means education relevant to the business environment, those who want to go in business or want to become entrepreneurs.

Some important aspects:

1) our education system is very ancient and there is a lot of need to change syllabus and study pattern according to the requirement of time.

2) Every parent is following the monotonous study pattern n which they try to complete the 1st to 12th class schooling and after that, they choose a particular stream for their child.

3) Indian govt should be open business schools for students who want to join their own business. They have to encourage the youth to go in the business field also.

4) Every wealthiest person in the world is a businessman or woman because business can give you numerous money, fame and success, not your job.

5) we also have to add business-related courses in primary and secondary sections also for the overall development of students.

6) Govt must hire the best quality teachers for business schools in India.

7) Most of the developed countries are only believe in businesses that's why they created their own products and they are the most powerful and economically more strong. Like China Japan America.

8) business schools in the education system must be given a new direction in the betterment of India and will also produce new business to those we are dependent on other countries.

9) These schools these days very effective if their content quality is up to the mark.

Thanks all.

Hi friends,

B-schools in India have become an attractive and easy business in today's scenario. More and more institutes are mushrooming and students are attracted towards them by their placement ads and prestigious MBA tag. But still the real standard of study is maintained by some of the institutes only. The students of most general B-schools are seen as salesmen in their training or as agents of various finance companies. The increased number of schools and passed out students has reduced the value of a MBA degree. Students pay huge amounts of money to get into these schools but may or may not get jobs as expected.

So B-schools in India need to raise their standards to produce efficient and competent world class managers.

Nowadays, graduating from B-schools is a craze among youths. We cannot judge the effectiveness of any Indian B-schools by the no of students that are being placed in MNC's at a high annual package. It's true that all these Indian b-schools focus on producing well-groomed managers and not the entrepreneurs but it's not actually the fault of those institutes, these days everyone wants a safe, secure and a high payable job. Youths don't want to take a risk as it is one of the main element of the business. I cannot say that all the Indian institutes are effective but I can say that those institutes which try to give more practical knowledge or let their students to apply their theoretical knowledge in the field are effective. Many institutes provide various opportunities to the students so that they can implement their knowledge in a creative manner to achieve their respective goals and that shows the effectiveness of the institutes.

My opinion for B-schools in India is that it is simply becoming a business these days. The way the institutes make calls to all students is simply marketing. Instead of imparting proper education,knowledge and different skills required for managers they are simply attracting students by placements.

As of today, there are 4000 odd B-Schools in India of which only 2% have any credibility to their names. For the rest, it has become a business. With fees soaring as high as 15 lacs and the batch size being 500+ in some colleges, one can do the math how much business they gain.

Also, with lack of awareness amongst students and the tag of being an MBA it helps these B-Schools even more.

But in conclusion, I would say not all of them are ineffective as the top B Schools definitely help you in honing your communication, analytical and decision making skills and also give you a good ROI. Plus, the knowledge you gain never goes to waste.

But there needs to be a change wherein these business making B Schools can improve the way they function.

It will effective if we do MBA with good institute otherwise it just a wastage of time. I mean to say management is all about design of thinking a professional type of attitude which we only get from a good ollege or institute. Because in MBA we need to be a good leader, interactive type of person. Because in nowadays business is getting complex day by day so we need a good kind of education to match requirement.

I appreciate the points given by all of you. But in my point of view, B-schools in India is no doubt more than of a business now. They are luring students to get them high-salary job and taking huge amount of fees. I think those who can afford it, it's good for them but the problem is they are not giving a proper education to the students. They are nothing more than copycats of Western-style B-schools. The knowledge imparted in these colleges are of very low standard. Instead of paying a huge amount students are not getting a good education. Jobs are not provided by these colleges will not be an issue if they provide good education which can empower students to get them a job by themselves.

They are more of focused on making them look like (grooming) an entrepreneur rather than building them one.

But in the end, we cannot ignore the fact that the exposure of becoming an entrepreneur is brought by these B-schools only, which I think is the only good point in all this.

Thank you.

Hi,

In my opinion in a developing country like INDIA need of B- Schools is very much because it develops Communication skills, Managerial Skills, Case Studies and provides practical knowledge for the business management. B-schools are remarkable but only few schools like IIT, IIM compete with global exposure. In abroad, working experience must required MBA, only after gaining working experience everyone will get to know real worth of doing MBA.

But there are so many Business schools in which only few percent are remarkable like IIM, Many schools have been open for only Business purpose so these schools may prove dangerous for students due to unemployment.

Business school no doubt is playing a vital role in the today's economy and most importantly it's the students who can learn more and more from it. B-Schools in itself says business schools, obviously, they will take money, it's the student who has to make out off that money and get the best possible results for them. Talking about the effectiveness of the B-schools in India, excluding the bottom one's no doubt they are providing with the best quality education and high placement packages, if you compare it with other government colleges, they are providing all possible practical knowledge and experience, it's the students who has to grab it by excelling them. At last it's not that easy to get into the top most B-schools one has to qualify cat or other OMET exams for that one is required to excel in every basic thing, further which adds to effective personality development by applying things practically, not like just mugging things up.