MBA graduates spend lakhs of rupees on their management education but after graduating most of them earn a measly salary, that too only when they can find placements. Maybe this is why last year around 101 management institutes had asked the All India Council for Technical Education (AICTE), the apex body of technical and management institutes, voluntary closure. These institutes struggle with vacant seats and a dip in campus placements. A decade back, management studies in India were largely restricted to IIMs and some top private institutes. However, in later years, the demand for management graduates rose with a rise in the economy. This led to a spurt in new private and government-backed institutes. But due to the absence of competent faculty and industry training facilities, reports suggested that most
B-schools began churning out graduates who were far from being job-ready.
We all knew this, yet somehow, there still are bungling and unequipped institutes out there, claiming to provide matchless education. These institutes do not realize that they are in effect playing with the lives of the students. Through this issue, we would like to call out these spurious institutes, by naming some of the best B-Schools in the country. The institutes that we mention in this issue are not only meritorious but also regard young managers as the promise of a fruitful nation. The names we have mentioned in this issue have certainly made a niche for themselves. As a magazine that regards education as one of the pillars that balance the country, we intend to do our due diligence in helping young and aspiring managers out there to choose their alma mater wisely. We also hope this issue will help all the concerned stakeholders to have a sound understanding of the current B-School scenario.