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Impact of meltdown on MBA education

Created by : Shishir Mishra, Senior Consultant, Hewitt Associates  | 03 23 2009 01:17:39 +0000
Industry : Human Resources (HR) ConsultingFunctional Area : India(Markets)
Keywords : education mba meltdown
Activity:  634 views;  last activity : 07 06 2010 20:18:09 +0000

We have seen the impact of meltdown on many things. 

Will education like MBA be affected by meltdown?

  
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Yes definitely students joined MBA because they were attracted to high salary packages that were offered after the education.
By Shishir Mishra, Senior Consultant, Hewitt Associates  03 23 2009 01:17:39 +0000
 
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The lateral and pre-placement offers coming to business schools has been affected due to global meltdown. But About 2.90 lakh management appeared for the CAT exam this year, 60,000 more than last year.Meltdown an Opportunity for Marketing themselves. The serious and committed students, however, would still appear for the entrance exams and take admissions.
By Bikash Bhattacharyya, Investment Advisor, Kotak Mahindra  03 23 2009 07:07:10 +0000
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The ongoing global slowdown has forced students all over the world to ponder, and make cautious informed decision of their career and choice of courses they want to pursue. The one course that has been constantly under scrutiny during the current global economy meltdown is an MBA Programme. To do an MBA or not to do? This is one question that has been bothering many MBA aspirants during the recession. When corporate sector has witnessed thousands of lay offs, job and salary cuts, is it wise to invest time and money in an expensive course of MBA where the admission into good management college is also difficult? With the US on the down and out affecting other nations and news of lay offs of several employees by major companies flashing in newspapers and TV channels every other day, this debate becomes important., as the situation seems scary to many in the job market.
By Leena Khade, Banc Assurance, Deutsche Bank  | 03 23 2009 06:44:11 +0000
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The fees of these institutes is hiked and the packages that are offered are are much lower so I think there would be a decline in admission this year.
By Sheetal Jadhav, Sales/BD Manager, Future Group  | 03 23 2009 01:22:08 +0000
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the reality is the education sector is exploiting not the students the hard earned money of their parents.A lot of colleges have been sanctioned by AICTE without the requiered facilities.I have got first hand experience of mba course both in India and abroad.

the story is same every where, but compared to overseas I strongly believe the methodology adopted in India is much better.

But unfortunately  the students are unable to get the maximum out of our  system .

REJI ISMAIL

 
By REJI ISMAIL, SAP CERTIFIED MM CONSULTANTAssistant Professor, CHARTERED MEMBER OF CILT,AIMA ACREDITED FACULTY  | 11 14 2009 07:36:58 +0000
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Education will not be affected if you ask from the students themselves. From a survey that was based in Delhi it was seen that the crowd was in unison favour of higher education. And the coaching institutes also say that the students enrolled this year are higher than the last year.
By Ajit Pahuja, Trading Advisor, ICICI Securities  | 03 23 2009 01:21:06 +0000
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