Mgmt education losing sheen in LU
Charm fading: With over 60% MBA seats still vacant, the university is conducting national level entrance test on July 5lucknow Updated: Jun 14, 2013 15:03 IST
The management courses run by Lucknow University (LU), once considered the most sought after, have now taken a backseat. With more than 60 % seats still vacant, the varsity is conducting a national level competitive test to fill them.
A mere 217 students have applied for admission to the 540 seats in nine Master of Business Management (MBA) programmes. Despite extension in the last date for submitting applications, 323 seats are left unoccupied.
What is more worrying is that no student took admission in two MBA courses-MBA in retail management and MBA management sciences. One student was enrolled in MBA corporate management, 13 students for MBA international business, 18 in MBA marketing, 32 in MBA finance control, 35 in MBA HR and 58 in MBA self-finance. MBA regular is the only course in which all 60 seats have been filled.
Consequently, the varsity administration has mooted a fresh exercise to fill the vacant seats. It is conducting a national level entrance test on July 5. An official said that candidates could apply for the national level test online from June 17.“The university expects to fill all the seats through the test. The admission committee of the university has approved the proposal,” he added.
But what is the reason for the courses losing sheen? Last year, out of 9 MBA courses, LU had to discontinue three courses due to the same reason. The courses included MBA retail management, MBA management sciences and MBA corporate management. This year, the university seems keen to continue all the courses by inviting fresh applications.
A Lucknow University faculty who did not want to be named explained that the university administration’s biggest mistake was that it started admission work in June, when the admission process was over in most business schools across the country.“The admissions are done through Common Admission Test (CAT), the result of which was announced in September last year. They are already late by six months,” he added.
Timings apart, poor quality of teaching and lacking placements are also major reasons for the decrease in the demand for these courses. Past experiences have clearly indicated that MBA degree-holders from the university do not get satisfactory jobs, even after paying a hefty amount. Even the fact that the university offers a degree which can be used for pursing research, is not attracting students.
“Why would one invest money in an MBA course when one doesn’t get a job? They know how to get more students for making money, but who cares for improving the quality?” said former LUACTA president Moulendu Misra.