A NEWS from Yahoo
Second-rung biz schools churning out 'unemployable' graduates?
Tue, Jun 29 12:09 PM
Noida/New Delhi, June 29 (IANS) Gaurav Kapoor completed his MBA from a Greater
Noida institute, but the two year diploma couldn't get him a job he wanted and
he finally joined a BPO. He is among the thousands who are virtually
'unemployable' as the second rung B-schools they studied in failed to impart
the
necessary soft skills.
A report from NASSCOM says only 10 percent of fresh graduates are actually
employable. A similar survey of MBA and engineering graduates reveals only 25
percent of them are employable.
'Only one or two from my batch got placement as they had some good contacts. It
is very frustrating,' Kapoor told IANS.
'I tried almost for a year initially rejecting the BPO offers. But it was
difficult. What is the point of spending a fortune on a diploma which gets you
no job. Fresh graduates are employed at the same level as I am,' Kapoor added.
According to Nishant Saxena, CEO, Elements Akademia, and guest faculty at the
Indian Institute of Management-Lucknow (IIM-L), lack of soft skills and
confidence affects the employability factor of students passing out of such
B-schools.
'There are some basic elements which are found missing in these graduates,
these
include soft skills like attitude, business ethics, confidence, communication
skills, general awareness, basic managerial skills, domain knowledge and work
experience,' Saxena told IANS.
He attributes this to lack of exposure.
'Students of second rung B-schools lack confidence because they don't have
enough corporate interaction in terms of industry visits, internships and guest
lectures,' Saxena said.
'Almost 70 percent of the faculty has zero industry experience. Even the IIMs
are suffering from a faculty crunch. So it is but natural that the lower-rung
B-schools find it tough to retain experienced faculty members.
'Many B-schools invite guest lecturers to tide over the faculty crisis, which
invites criticism from students,' he added.
According to Saxena: 'There are over 1,000 business schools (B-schools) in the
country and, barring the top 50 to 75, most have little to offer in terms of
the
skills needed to meet the demands of the market.'
'Students entering B-schools have high expectations of their first jobs. They
don't want to take up a sales job because they feel that with an MBA tag they
should start in a high-paying corporate job.'
The experience of Shipra Sharma, who completed her B.Tech from a Ghaziabad
college, is another example of a disappointed second rung B-school graduate.
Sharma told IANS: 'I completed my B.Tech but the offers that came my way were
only for technical support. I have decided to go for an MBA but I don't know if
even that will get me a job.'
So, are these soft skills coachable? According to Saxena, only some are.
Exposure to the industry is the best way to impart these skills, he said.
'The challenge that most second rung colleges face is that the major chunk of
students are freshers without any previous experience in any domain. Adding to
this, average faculty of these colleges also has very limited quality industry
experience,' said Saxena.
'The best practice may be to get a significant portion of training, at least 25
percent, to be delivered by actual industry experts,' he added.
Ur's
M.K.
"making impossible possible".
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