MBA loses its shine | india | Hindustan Times
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MBA loses its shine

india Updated: Sep 16, 2010 02:48 IST
Kiran Wadhwa

Admissions to management courses in the colleges in the state are over but still a third of their seats are vacant.
The most-sought after course in recent years, Masters in Business Administration (MBA), seems to have lost some of its charm.

Of the 26,000 seats that were part of the common admission process, which does not include reservation and management seats, only 17,000 seats have been filled.

“This is the first year that we have so many vacant seats. Usually they all are filled up,” said an official from the Directorate of Technical Education, which conducts the admissions.

“This is because now students would prefer to wait for reputed colleges and not take seats in the new colleges that are springing up everywhere,” added the official.

The MBA-CET is the entrance criteria for some of the best colleges in the country such as JBIMS and Wellinkars Institute of Management. About 1.5 lakh students took the MBA-CET this year. The DTE

This year the number of seats for management courses in the state went up by more than 10,000 seats from 21,615 to about 33,000 seats.

The All India Council of Technical Education has also allowed existing management colleges to have an evening shift so their batch sizes have increased from 120 to 240 students.

“There are too many management colleges springing up everywhere and the time when students would not mind an MBA from any institute but that has changed,” said Stephen D’Silva, director of JBIMS.

“With so many students doing an MBA it has almost become like a graduation degree and the only way to be a cut above the rest is to do it from a well-established institute.”

Amrita Deshpande, an aspirant agrees with D’Silva. “I have a decent score but have not got into the college of my preference so I will take the exam next year again,” said the 21-year-old. “MBAs are everywhere nowadays and companies don’t even entertain people from lesser known institutes.”