MBA colleges in the country are facing closure as admissions to management courses are becoming scarce. Nagpur University is one among the worst suffers where students are prefering to join courses that offer job prospects or at least chance of becoming an entrepreneur.
About half a dozen NU colleges, mostly offering management degrees (MBA) are on the verge of closure due shortage of students. In fact, some have applied for closing operations from the next academic session (2015-16) itself. A couple of others had applied for closing some courses. All had sought NU's permissions as per Maharashtra Universities Act, 1994, and their proposals would come up for the discussion during Thursday's Academic Council meeting, NU officials informed.
Other factors also contributed to students migrating to other places, particularly in last couple of years, ever since NU was rocked by a slew of scams and politics due to administration's apathy. The banned colleges issue brought further disgrace to the university that saw its statutory members blackmailing the then vice-chancellor Vilas Sapkal and forcing him to resign for not lifting ban on them.