Mumbai: Master of Business Administration (MBA) course, one of the most sought-after courses in the country, is not as much employment generating as being projected by most of the b-schools with fake placement reports.
While a research by ASSOCHAM revealed that only seven percent of MBA graduates — barring those passing out from IIMs — are employable, many b-schools are misleading students and their parents with inflated placement records, the authenticity of which is almost impossible for them to check. Even the rankings are manufactured ones.
Almost all colleges belong to the Top 20 in India and there is no college which says it doesn’t belong to the top 20.
And that is the precise reason for the Supreme Court to intervene. Actually, a person who was looking for admission in the 28th ranked college of India was not able to find which college is the no 28th in India and so he filed a PIL against the MBA colleges.
The Supreme Court in its hearing today made it clear that all colleges will have to mention which region and in which city do they belong to the top category and cannot just write that they are the best college in India. Shwetank Srivastava, who had filed the PIL has still not found out which is the 28th ranked MBA college in India.