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country are employable- Prof. R. Yadav, Chairman, AICTE Today most training Institutes focus English and Personality which is necessary but not sufficient, especially for MBAs. The reason for low placements often includes lack of real world knowledge and exposure and live role models- Dr. Pritam Singh, Former Director, IIM Lucknow & MDI Gurgaon.
merrytracemployability studies revealed that employability of MBA graduates have fallen over the last five years. Survey covered 2263 MBA graduates belonging to 100 business schools of 29 cities. Top 25 B.Schools were not included. Hiring companies evaluate students on reasoning ability, Verbal communications and quantitative ability on international standards . However quality of MBA graduates was found low.
gap survey in year 2010 of recently hired MBAs in the Indian Banking, Financial services, and Insurance (BFSI ) sector. Data was collected from 113 individuals from 74 organizations. This included one HR representative from each of the organizations and 39 senior executives who directly supervise newly hired MBAs.
survey hired new MBAs from top 25 Indian business houses. Rest 45% hired from other institutes. This research revealed two prominent themes. 1. There are differences in Knowledge, Skills & Attitudes based on the institute fresh MBAs attended. Eighty percent of those surveyed felt that the institute mattered. 2. Industry is generally concerned with the unrealistic expectations of newly hired MBAs in term of salary, position and corporate mobility. The survey also found that industry has the highest expectations for newly hired MBAs in the area of Attitudes, followed by Skills, and finally by Knowledge. Industry Hire people for attitude and train them for the skills.
disciplined, self motivated, showing an aptitude and willingness to learn. They must possess strong analytic, listening, and communication skills, and they must be able to work in a team and collaborate. Finally, they must come in with at least a basic knowledge of the organization and the processes within the organization and an understanding of products , solutions, and services including those of competitors- as well as consumer behavior.
Expectation
Attitudes are Very Important/Important
Performance Gap
Attitudes are needing improvements or lacking 27.4% 9.7% 27.4% 31.0% 17.7% 21.2%
Commitment & Dedication Aptitude & willingness to learn Self -discipline Self- motivated Ethical Behavior Creativity
Selling Skills
Project Management
70.8%
67.3%
34.5%
38.9%
77.9%
46.9%
Products/Solutions/se 77.9% rvice including those of competitors Consumer Behavior Environment 76.1% 75.2%
46.9%
45.1% 29.2%
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