We Are Running Out Of Students: India's B-Schools

By siliconindia   |   Thursday, 20 October 2011, 00:09 IST   |    7 Comments
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In most of the B Schools the fee has increased by 50 percent to 100 percent in the last three years. Because of the economic slowdown, MBA education is not as profitable as it was before. Even the applications for the common admission test saw a drop when compared to previous years. Moreover the bad placement record had made the student as well as their parents cautious. Now many students make a lot of inquiries before get into B Schools. To get students, B-schools are trying various tactics apart from the regular advertisements.
scarcity of students
S.R Singhvi, a faculty member of the International Management Institute (IMI) says that many B-schools, especially the lower rung ones, are offering commission to their existing students and even faculty for bringing in new students. To sustain in the business, B Schools have to lift up their standards. Now that the foreign university bill is passed, the competition to get students is going to get even tougher. B schools are known to give business solutions to many corporate companies, but we will have wait and watch how they will strategize to get more students for their business schools.

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