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Getting into a management institute is easy, any B-school aspirant will tell. The challenge is to bag a job after graduating. Now, an MBA education blog and a testing agency have surveyed and found that only one in five MBAs is employable. The survey conducted in tier-2 B-schools found that a lot of correction was required with regard to the manner in which classroom teaching was conducted. Students were checked for their skills in verbal ability, quantitative ability and reasoning in this pre-recruitment survey. The survey architects tested 2,264 candidates in 29 cities (an average of 80 students in each city).
The top 25 management institutes of India, including the IIMs were not covered in this survey. Overall average percentage score obtained by MBAs in verbal ability, quantitative ability and reasoning was 52.58%, 41.17% and 37.51% respectively. "Considering that the elements of the reasoning test (deductive logic, data sufficiency, spatial reasoning, and analytical reasoning) are crucial to making sound management decisions, this is a result which warrants closer attention," the analysis of the result noted. This is not the first time that such a survey has been held. In 2007, a similar survey had placed the employability index at 25 per cent. Since then the number of B-schools in India has risen four-fold from 2006-07 from 94,704 to 3.5 lakh colleges today. "Questions are asked about the talent coming out of MBA colleges, and whether they create a workforce responsive to the needs of the economy, like understanding of business and on-the-feet thinking. So, decision-making skills are being valued more than ever," says Mr. Amit Agnihotri, chairman of MBAUniverse.com, one of the agencies that conducted the survey. The pass-through rates were calculated based on the pre-decided cut-off for each test that are at par with the average cut-off scores decided by companies in their recruitment exercises. The threshold cut-off scores used in verbal ability, quantitative ability and reasoning were 45%, 35% and 40% respectively.
Courtesy: Times of India
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