Only 23% MBAs employable: Study

MUMBAI: A MeritTrac study across 60 tier II and tier III B-schools found that only 23% of students are employable. The study highlighted acute shortage of MBAs - demand of 1.28-lakh students as against availability of 20,000 from 132 colleges.

In the study, available exclusively to ET, Kolkata led in verbal ability with passthrough rate of 83%, followed by Bangalore at 70.6%. On quantitative side, Mumbai tops the chart with 99%, Bangalore chasing at 97.9%. Overall, the passthrough rate in this category is high at 95%. Mental abilities test has seen all the six cities faring neck and neck with an overall rate of 85.7% while Kolkata again stealing the show with 95.7%. Overall picture on the abilities side reveals Kolkata being the king, followed by Mumbai. The study highlights that about 50% of students who took the test succeeded in it. Kolkata students have done well with 76.6%. Mumbai is way below the average at 40%.

MeritTrac conducted the employability study among 790 MBA students in Mumbai, Pune, Kolkata, Delhi, Bangalore and Hyderabad . Madan Padaki, cofounder and director of MeritTrac, said: “During a placement process, colleges should encourage corporates to give performance feedback to students.” The firm conducted a group interaction test to assess articulation, grammar, assertiveness and confidence. Hyderabad emerges as the dark horse topping the charts on the articulation front with 3.03 on the scale of 0-4 with Mumbai giving it a close run at 3.02. Kolkata performs satisfactorily at 2.98. On the grammar side, Kolkata bounces back with 2.84 and is followed by Mumbai with a close 2.81.

Chennai puts up a dismal performance with a score of 2.14. On the assertiveness and confidence index, Mumbai again rules and is being chased by Kolkata.

Study highlights acute shortage of MBAs in the country Kolkata led in verbal ability with passthrough rate of 83%, followed by Bangalore at 70.6% On quantitative side, Mumbai tops the chart with 99%, Bangalore chasing at 97.9% Mental abilities test has seen all the six cities faring neck and neck with an overall rate of 85.7% while Kolkata again stealing the show

Source: Economic Times

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