Too many MBA colleges....Quality Plummeting
India has the largest number of MBA colleges if there is a survey of college to population ratio. In present times, the supply of MBA colleges is much higher than demand by prospective students.
Barring a handful of top business schools like the government-run Indian Institutes of Management (IIMs) and a few others, most of the 5500 B-schools in the country are producing sub standard graduates who are mostly unemployable resulting in them earning less than Rs. 10,000 (150 USD) a month, if at all they find any placements.
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