MBA - Just a Ticket to a Big Fat Cheque or More?
A year after graduating from a recognized B-school, a student realized how tough life can really get. Though she specialized in HR and marketing, the best role she could find for herself was as an HR executive in a small firm in Udaipur, Rajasthan. This quandary is not new; it is the story of majority of the silent MBA graduates in our country. This scenario exists mainly because of the gross oversupply of talent, coupled with shrinking demand from companies. Another curious trend has emerged in the subcontinent. Engineers dominate the list of MBA graduates in the country, since it\'s seen as a quick way to a fancier job and heftier designation. However, when the placement season yields few lucrative offers, students opt for whatever they can lay their hands on.
There is a dire need of an attitudinal shift in the country; people are no longer interested in the pursuit of passion. The image of an MBA degree has transformed into a symbolic representation of a better life of power and privilege. The truth however, lies in the fact that the MBA degree is just a stepping stone. The value of an individual still lies in the knowledge and experience he/she holds and that is the key differentiator between MBA graduates in India and abroad. In developed markets, most MBA candidates have five or more years of experience before they apply. What\'s more the pool of MBA applicants is more diverse � more people from liberal arts, science and other fields. This does not only increase the chances of acquiring a better placement for individual graduates but this also entices corporate recruiters to come and have a taste of the full course meal that is on offer, in turn giving the students what they joined the institute for � a big fat cheque to work in an industry that they are genuinely interested about.
There are institutions in the country that are working towards this ideal and their results display the level of their progress. To celebrate this growth, we present to you \"Beyond IIMs\" - B-Schools Survey 2015. We hope this provides the right insight to all the stakeholders: Aspiring Students, Management Institutions and the Industry.
This issue also features New Horizon College of Engineering, an institute that is located in the midst of a growing corporate ecosystem. The story narrates how the institute is building a culture where the students are trained to become successful in any career of their choice.
We hope this proves to be useful to you.
There is a dire need of an attitudinal shift in the country; people are no longer interested in the pursuit of passion. The image of an MBA degree has transformed into a symbolic representation of a better life of power and privilege. The truth however, lies in the fact that the MBA degree is just a stepping stone. The value of an individual still lies in the knowledge and experience he/she holds and that is the key differentiator between MBA graduates in India and abroad. In developed markets, most MBA candidates have five or more years of experience before they apply. What\'s more the pool of MBA applicants is more diverse � more people from liberal arts, science and other fields. This does not only increase the chances of acquiring a better placement for individual graduates but this also entices corporate recruiters to come and have a taste of the full course meal that is on offer, in turn giving the students what they joined the institute for � a big fat cheque to work in an industry that they are genuinely interested about.
There are institutions in the country that are working towards this ideal and their results display the level of their progress. To celebrate this growth, we present to you \"Beyond IIMs\" - B-Schools Survey 2015. We hope this provides the right insight to all the stakeholders: Aspiring Students, Management Institutions and the Industry.
This issue also features New Horizon College of Engineering, an institute that is located in the midst of a growing corporate ecosystem. The story narrates how the institute is building a culture where the students are trained to become successful in any career of their choice.
We hope this proves to be useful to you.