NEW DELHI: Merely 10 per cent of graduates from business schools manage to get “suitable” jobs in the country as MBA courses are not adequately designed to meet the skill-set required by industry, an Assocham study today claimed.
“Each year only 10 per cent graduates actually get suitable jobs (like executive level) as MBA courses are not adequately designed to match the industry’s demands, besides lack of quality faculty at most of the institutions,” Assocham said in a study.
Barring graduates from well-known B-schools including IIMs, the B-schools are not able to attract companies for campus recruitments, it added.
In the last four years till 2012, the campus recruitments have gone down by 40 per cent as a result the B-schools have not been able to attract large number of students, Assocham said.
The study claimed that more than 180 business schools have closed down in 2012 in major cities like NCR, Mumbai, Bangalore and Kolkata. Another 160 institutes are struggling for their survival.
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