The ranking is interesting because it reflects the conflicting themes playing out in management education in India today – the rising stature of one-year MBA courses which are producing MBA talent as the world understands the term thanks to their intake of highly experienced professionals and the historical predominance of two-year PGDM/ PGP courses in India which largely recruit freshers.
The situation seems to have left an imprint on the ranking – while the magazine has chosen to base the core ranking of B-School’s solely on scores assigned to AICTE, NAAC and AIU accredited two-year PGP/
iim indore epgp courses, the write-ups accompanying the rankings seem to suggest that the industry in India is increasingly preferring talent graduating from one-year MBA courses that is ready to hit the ground running.
It’s perhaps worth noting here, that one-year MBA programmes are in fact the only courses in India to have been accredited as MBAs by global accreditation body AMBA, UK.
In an article accompanying the rankings titled ‘What recruiters want‘ A.K. Balaji Prasad remarks, “Despite the beeline made by recruiters at India’s top-to-middle B-schools, there is one issue that’s been troubling them for the last several years. The fresh stock they routinely pick up from these elite campuses every year rarely match the industry’s requirements and have to be retrained and oriented for specific needs.”
In another article titled ‘Are we the Players‘, author Arindam Mukherjee says “most companies are getting rid of their training and orientation culture to create a workforce that is war-ready and want the B-schools to take responsibility for doing that” and that “recruiters are showing increasing proclivity towards graduates of one-year cour*ses, who tend to have worked before.”