For people who joined a two-year program at an MBA coaching institute and are wondering why they are still miles away from their choicest b-schools, here are some revelations. In a survey conducted by PaGaLGuY.com amongst 366 students from the top b-schools in India on ‘which preparatory program helped them get through a b-school’, only 5.74 percent of the students attribute their success to the two-year program. Of the people who had taken MBA entrance tests for the first time, only 9 percent give credit to the two-year program and amongst the retakers (students who had taken the CAT one or more times before finally achieving success), only 3 percent think that they were successful because of the two year preparatory course.

We have talked earlier about how studying in Australia can be unsafe for students and thus how many of them are making the choice to stay at home. Many of the schools in India termed these attacks as unfortunate and something that influenced the relations between India and Australia to a very high degree.

Entrepreneurship initiatives are on an all time high in B-schools (CSR initiatives too, though more on that later). It’s amazing to see the high amount of management students interested in starting their own businesses; although some of them do admit that their zest is influenced by the lack of suitable jobs in the market.

While going through the Business Standard some time back, I came across an article titled “How many MBA’s do we really need?” by Abheek Barua who is the chief economist at the HDFC Bank. He talks about the large amount of MBAs available in India and the not-so-MBA-type jobs that they are forced to do.