Only 7 percent of MBA graduates employable in India?

Yes, you heard it right - only 7 percent of all the management graduates produced every year in India are employable, said a study conducted by ASSOCHAM in 2016. Such a fact may shock you given that the country has over 5,000 B-schools that produce tens of thousands of MBAs on a yearly basis. Unsurprisingly, nothing has changed in the last two-three years which sums up the sorry state of affairs with the management program.

So what ails management graduates here? Well, as per the study, the blame lies equally on the MBA aspirants and B-schools. The findings also made it clear that only a few of the management schools, except of course the IIMs, provide quality education on par with the best in the world. Moreover, the rest mostly churn out the unemployable grads lacking on cutting-edge skills for the industry.

The study informed how MBA graduates today have to settle with a disturbing four-figure salary when they start their career, and that too, after spending lakhs on their management education. Not all of them even that lucky and you can imagine the fate of students not able to land a job itself.   

As per the study, the fault lies in the way management education is structured here as the supply has exceeded demand by a whopping margin. Seats are limited in top colleges, and most MBA aspirants feel hesitant in seeking admission in colleges in tier-2 and tier-3 cities. You, however, must get in touch with one of reliable MBA admission consultants in India to avoid such a sorry fate.

With these consultants, you can at least come to know about good management colleges, their placement records, their infrastructure, admission procedures, fees, teacher-student ratio, etc. Armed with the right knowledge, you can improve your chances of securing admissions in one of the top MBA colleges. Such professional advice will help your management career flourish.

When in doubt regarding career choices and admissions, it’s always judicious to utilize the industry experience of one of the reliable education consultants in India to lay a solid foundation for your career. Once you do that, a bright career will be yours to have.

Admissions Square ranks among top 10 educational consultants in India offering quality career counseling to students. You can benefit from their industry knowledge to shape your career.