Did any one read the full page Advt that Arindam Chaudhuri has given in Times of india (atleast in the Bombay edition) ? It is titled "Busting the MBA Mafia "
That dude really knows how to time it. He has really trashed the IIMs and branded them a "MBA Mafia" :-O
Dont know if you can see the text any place other than the paper.. if possible try to get ur hands on it..
This dude tells us that indian cos are in dire need of quality management. But the IIM students all go away abroad. Plus the IIMs deliberately keep the supply of MBAs very restricted. We need 50000 managers at a conservative estimate, and IIMs produce only 1500 he says. The keyword here is "quality management". And here he implicitly endorses the view that only the IIMs produce "quality" managers. What about **** ???
But then he also has the ad for **** on the same page. And the guy mentions only MNCs and "fortune 500 cos" in his placement statistics. Whither goeth his affirmed patriotism with respect to placements????
He says... [if the fees are reduced] The faculty will have to turn to engage their *less productive* teaching talent into more productive activities like consulting.
one word reply... DUH !
Do read this ad. It is hilarious. If someone gets a link to it, do post it here
-Shrijit