Under the academic education basement it was MBA- Master of Business Administration which arrogantly and unambiguously became the final sign-off to schooling, attracting not just those interested in Business but including those who anted to master the tools of Management. For those students who choose not to apply to any of these lesser known colleges. It is said that the curriculum is far from Business reality, faculty is minimal and, most importantly, very few respectable companies participate in the course.
The report further claims that these institutes are not getting sufficient students to run the institutes. Also, students are not interested to apply to any of these lesser-known colleges as they do not have good faculties as well as no placements in the end of semester course.
Regarding this issue the chairman of AICTE- All India Council for Technical Education S.S.Mantha said “Colleges in remote India and institutes of poor quality are not getting students”. The Director of IIM-Bangalore, Pankaj Chandra urged the MBA aspirants to seat in the Common Admission Test (CAT) to do an MBA from the IIM's.