Thursday, October 6, 2011

There is gap between the academia and industry requirements. What they teach at MBA school is more than 20 years old. During this time, the industry has undergone a major change in the way business is done. Therefore, the knowledge gained in these schools is rapidly becoming obsolete.

Though, industries hire fresh MBAs, they have to invest heavily in training programs to get them up to speed with today’s business practices and skills. MBA aspirants posses the knowledge of business management but lack business acumen and skills required to perform their job. These skills and insight is gained after 2-3 years of hands on training at work place.

The number of MBA institutes is growing at a fast rate, producing many MBAs. The competition among MBA graduates is increasing. It is at its peak at the time of campus interviews. The struggle to secure the best job offer at campus is high. MBA students start preparing to achieve this goal from day 1 of the second/final year. The main competition comes from additional skills and prior work experience and generally “readiness to perform a role” criteria. This is because the companies are looking for a candidate’s IQ and EQ capacities, along with relevant work experience. We provide EQ competencies and impart “work experience” knowledge to students. We work with the industries to identify the skill gaps. We offer training to 2nd year MBA students in developing these skills and helps them get better jobs. On the flip side we help organizations reduce their investment in training and offer them candidates who are ready to start producing.