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Showing posts with the label MeriTrac employability study 2012

Why 79% of MBAs are Not employable ?

Because of Recession Productivity Poor education Less Opportunity MBA in India: Only 21% of MBAs employable in 2011-12 The employability of management graduates in India has declined in the past five years, as only 21 per cent of MBAs surveyed are ‘employable’, a study has said. According to MeriTrac employability study 2012, which covered 2,264 MBAs from 29 cities and 100 B-Schools, beyond the Top 25, only 21 per cent are employable. The previous study of 2007 by MeriTrac had placed employability index at 25 per cent. However, the number of MBA seats in India has grown almost four fold — from 94,704 in 2006-07 to 3,52,571 in 2011-12 — resulting in a five-year compounded annual growth rate of 30 per cent, but their employability rates have fallen, the study said. The students were tested for verbal ability, quantitative ability and reasoning by using internationally standardised tests on behalf of recruiting companies. The index of employability, at 21 per cent m