There is a immediate need to narrow down the standard of CAT Vs. rest of the management aptitude test in order to have some sort of quality standardization.
There is a immediate need to narrow down the standard of CAT Vs. rest of the management aptitude test in order to have some sort of quality standardization.
So exams other than CAT are useless? I disagree.
They serve to different sections of the aspirant base.
The CAT is an exam conducted by the IIMs primarily for admission to the IIMs. Other colleges simply decide to use it as a criteria.
There is no immediate need to do anything. The exams are suitable as they are. There is no need for standardization. Colleges are free to choose any benchmark they need out of the available exams. Standardization in admissions is upto the college as it conducts GDPI stages anyway.
All types of management aptitude test currently available is fine and also agree that colleges are certainly free to have their own bench marking in selection criteria. However, what I intend to mean was , in order to be really successful and make a meaningful contribution, student must have that intrinsic business logic and thought process and that should be the basic objective of the filtration process of the various aptitude test and this what is the missing link.
@ABBS- way to be verbose , you wont get any takers that way. The "Business logic" which you mention can be taught and honed through the curriculum of a GOOD b-school and the guidance and experience of their mentors. All that is required are certain core values,ethics,leadership ability,basic logic with a willingness to learn and work hard.
The aptitude of the aspirant is checked in the initial written test and the filtered students are tested for the rest of the qualities in the rest of the GD/PI stages..
Rest of the major things can be learnt along the way.
What's wrong in that?
Going with this logic and assuming the current filtration process is working fine then why the Industry employability ratio for the MBA graduates are so poor ? Theoretically GD/PI takes care of qualities and B-Schools are teaching what is needed to be taught then why Industry do not absorb them ? Where is the GAP ? Why Industry feels safe to pick up students from only certain campus ?
@ABBS- said:Going with this logic and assuming the current filtration process is working fine then why the Industry employability ratio for the MBA graduates are so poor ? Theoretically GD/PI takes care of qualities and B-Schools are teaching what is needed to be taught then why Industry do not absorb them ? Where is the GAP ? Why Industry feels safe to pick up students from only certain campus ?
The GAP, for wich industry is not absorbing is because of the supply of MBA graduate.
Just apply th ebasic concepts of ECONOMICS, compare the demand and supply curve.
Few months back AICTE has cancelled affiliation for a lot of B schools, still India has 4000+ AICTE affiliated B schools.
So, if you put a count on the no. of B schools at India, the count will be around 6000.
So, just imagine the no. of manager passing out each year.
Ie., the supply of managers to the industry is immense.
But demand of MBAs are not increasing, as per the increase of supply.
So, the price is reducing. That is, salaries are falling down.
And we are left with a lot of unsold products; or you can say lots of unplaced or unemployed managers
Just apply th ebasic concepts of ECONOMICS, compare the demand and supply curve.
Few months back AICTE has cancelled affiliation for a lot of B schools, still India has 4000+ AICTE affiliated B schools.
So, if you put a count on the no. of B schools at India, the count will be around 6000.
So, just imagine the no. of manager passing out each year.
Ie., the supply of managers to the industry is immense.
But demand of MBAs are not increasing, as per the increase of supply.
So, the price is reducing. That is, salaries are falling down.
And we are left with a lot of unsold products; or you can say lots of unplaced or unemployed managers
Obviously quality of a certain institute will alwyas differ from other institutes, the faculty,the insfrastructure, the international exposure, the tie up's with corporates, the fee structure for students, the programme structure are some things which are already established in a good,old institute which commands good corporate presence. Naturally some institiutes donot fufill these criterias as well as others do. Moreover BRAND name matters a lot in the market as I'm sure you know.
It is this brand name and trust developed over a period of time by these elite institutes which pulls big conglomerates here.
Also since the most intelligent and cream students select these institutes the quality is further enhanced every year.. and trust maintained with the corporated.
The rest are selected in various other institutes... This does not imply they are bad, or that teh institute is incompetent... it's just that they are lacking in certain areas which is dragging them down..
@swayambhar said:The GAP, for wich industry is not absorbing is because of the supply of MBA graduate.Just apply th ebasic concepts of ECONOMICS, compare the demand and supply curve.Few months back AICTE has cancelled affiliation for a lot of B schools, still India has 4000+ AICTE affiliated B schools.So, if you put a count on the no. of B schools at India, the count will be around 6000.So, just imagine the no. of manager passing out each year.Ie., the supply of managers to the industry is immense.But demand of MBAs are not increasing, as per the increase of supply.So, the price is reducing. That is, salaries are falling down.And we are left with a lot of unsold products; or you can say lots of unplaced or unemployed managers
Very well said.
@swayambhar Products which are of top quality is the one which the buyers will always buy and this applies to the any given demand and supply scenario. Coming back to the core question is how we ensure that the inflow in the MBA stream ensures the quality which industry wants. The need for MBA graduates in the industry is certainly much more than what is being absorbed and the ones not picked by Industry is because they do not fit the bill and not because there is over supply.
@ABBS- said:@swayambhar Products which are of top quality is the one which the buyers will always buy and this applies to the any given demand and supply scenario. Coming back to the core question is how we ensure that the inflow in the MBA stream ensures the quality which industry wants. The need for MBA graduates in the industry is certainly much more than what is being absorbed and the ones not picked by Industry is because they do not fit the bill and not because there is over supply.
that is true I also agree, just having a degree not qualifies you to be a manager.
At lower end of the line, a lot of B schools, just take the students to fill their seats, there comes the difference.
the reason for this again goes the same fact, that there are a lot of B schools and every b school do not get the best, since people go for better brands and better reputed ones.
So, now if you go to the inflow of B schools, the major research says that managers needs:
1. Communication skills
2. Patience.
3. Knowledge.
4. Thinking out of the box.
5. Analytical skills.
And every B schools have their ow strategy to groom the graduates in above fields.
For that they need to take in students, who has the capability of learning those 5 things.
And these things can be judged by having personal interaction with them, that is where GD/PI comes.
CAT/XAT/CMAT/MAT scores are some standards of shortlisting or filtering the students.
Just imagine if 6000 B schools start conducting their own written test, how many tests ou are going to face in a single day
Exactly, and looks like we are getting on the same page. The point here I am trying to drive is not to have too many Management aptitude test which is prevailing in the market, rather a good bench marking which identifies the right aptitude and attitude for the candidate for management studies from the industry perspective and that's where the need is for a standardization of test.
@ABBS- said:Exactly, and looks like we are getting on the same page. The point here I am trying to drive is not to have too many Management aptitude test which is prevailing in the market, rather a good bench marking which identifies the right aptitude and attitude for the candidate for management studies from the industry perspective and that's where the need is for a standardization of test.
so, what you prefer?
1. test or multiple tests?
1. test or multiple tests?
A Standardized test after CAT which is good enough to filter quality students and certainly not multiple tests.
Yup, but XAT & CAT, both are standard, so removing them, does not create any sense.
Same with snap, they want to conduct their own exam, both 2 earn and save money.
If simbyosis, starts accepting CAT score, they have to pay IIMs, for using their score.
Moreover they will loose money from all, who are filling snap form currently, so why would these SMBYOSIS, go for CAT score??
the B schools, which expects less applicants, and is not a chin, those accept other scores
Time to take stock of the overall scenario and landscape of the entire MBA spectrum and its overall direction and the desired objectives. One way is to live with whatever you have and another way to think out of the box and make the whole system actually meaningful in the true spirit of the quality output and bringing down the academic and industry gap.