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B-school graduates choose teaching over corporate jobs
By siliconindia
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Monday, 06 April 2009, 21:43 IST |
2 Comments
New Delhi: Putting corporate dreams on hold, business management graduates now prefer teaching as a profession as they believe that finding a job in big corporate is a daunting task amidst the downturn, reported Business Standard.
Instead of waiting for the corporate call, students are opting for PhDs to be ready for taking up the role of a teacher. Around 20 students at the Indian Institute of Management Lucknow (IIM-L) have opted for PhDs. "Students are showing greater interest in teaching and the sentiment is quite positive," said a student from IIM-L.
The case is the same for Management Technology (IMT), Ghaziabad as the number of students in its PhD programs has increased. "We feel that it is partly because of the slowdown that students' interest has gone up," said Anwar Ali, Director, IMT Ghaziabad and Nagpur.
Meanwhile, some institutes don't follow this trend. None at IIM Kozhikode (IIM-K) have opted for PhD, while there are a handful of students who have expressed their desire in creating a career for themselves in academia.
"Since most of the students have done their MBA course by taking a bank loan, repaying the loan is of utmost priority. Given this requirement, people have opted to work in the corporate world for a while before joining academics. There are a few students acting as visiting faculty in some local colleges," said a student from IIM-K.
The students of Delhi's Faculty of Management Studies (FMS) also have the same view. All students have been placed in different companies and feel that teaching can be done even after 10 years, after settling in the corporate world first.