Business school rankings in India are on the brink of falling once again, with business schools in the country suffering a sharp fall in the latest data.
The rankings of the National Institute of Business Administration (NIBA) were released last week, and the news was greeted with relief by many.
But others say that this is not enough.
“Bollywood students have shown great talent, and I believe that the Bollywood industry has a lot to offer,” said P. Sreedharan, an analyst at India-based brokerage ETG Financial.
The data, however, shows that this talent pool is shrinking, and that the business schools have been underperforming.
“This is a very worrying sign.
It shows the importance of the industry to the country,” said Manish Kumar, a business school lecturer at the Jawaharlal Nehru University.
“We are not the only ones who have seen the decline of the business school, and now there is a feeling of despair,” he said.
The NIBA, which is headed by an independent panel, is a public-private partnership (PPP) run by the government that brings together the business world.
The report has come in for strong criticism in the past, as the government has sought to tighten the rules on hiring and firing, and its own advisory committee has recommended that the NIBC should be restructured.
The committee also has recommended setting up a committee to make recommendations to the government, which would oversee and monitor the performance of the B.
But the latest report shows that the situation has worsened since the NITI Aayog has been tasked with reforming the BTech institues.
“It is a reflection of the political agenda that is pushing the business sector towards a more authoritarian model.
It is not the time to be happy about the decline in the ranking,” said Kunal Pachauri, a former head of NIT I.P. Jindal University and a former chairman of the Indian Council of Historical Research (ICHR).
“We have been waiting for the government to change its model.
In a democratic society, the NIMBY mentality must be confronted,” he added.
While the NIPB has made some moves in recent months to make the business institutes more accountable, it has not done much to change the fact that they have not been providing the students with the kind of quality that they need to succeed.
“The students are being asked to learn how to be an effective manager,” said Anupam Khanna, a student who has been studying at the Jindal School for several years.
“There are no jobs in B. Tech.
If you want to get an MBA, you have to take courses in marketing, business and management.
The students are not getting the quality that is needed.
The government needs to get the leadership in place, to take control,” Khanna said.
There is also another worry.
“Our students are struggling to get hired as software developers.
If they fail to find a job, there is no one left to fill the vacancy,” said a former student, who did not want to be named.
“If the government starts looking at the way business schools are run, there will be a domino effect,” he warned.
This is not to say that business schools need to be shut down.
They could become the model for other industries, such as information technology, or the way technology is integrated into everyday life.
However, there are many students who would prefer to study in BTech and stay in the business.
“They would prefer a better career path than going back to their traditional industries.
I have a very strong connection with my mother, who is a software engineer.
But we are being forced to stay in Btech,” said Jairam Chaudhary, a recent batch of students from the Jindal school who had been working in India’s IT industry for years.