Well it was a quiet a lot of hype created for a management degree in India, across the streets often you see more MBA graduates than any one else. The MBA market is terribly big, how big every one knows there are colleges with unlimited number of seats. A known college in Bangalore, International Institute of Business Studies (IIBS) each year enrolls about 600 students and all they offer is non AICTE approved management courses. The courses they offer are from Mysore University, Punjab Technical University, Bharathiar University & Gulbarga University. All of them are outreach MBA courses which cannot be treated as regular MBA programmes, a recent expose by careers360 a career magazine has a detailed report on gimmicks colleges are employing to lure students.
A complete list of MBA colleges which are not approved by AICTE is released recently, please download the below file and cross check the colleges before enrolling for the course.
Be sure to know that Universities operating away from their home state cannot give full time courses. For example Bharathiar University Coimbatore is from Tamilnadu and Punjab Technical University is from Punjab, Manonanmaniam Sundaranar University is also from Tamilnadu. Sense something fishy if colleges in Karnataka or any state apart from the Universities home state claim as full time degree courses.
Increased number of unemployed MBA graduates are because of colleges which take students without minimum standards, entrance tests have almost become a joke. No matter what the score is, for some MBA colleges it is not a mandatory thing and for some it is a formality. What’s your take on this, do tell us!
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