On one side we have all those surveys that tell you that only about 25% of the management graduates are employable while on the other we have hundreds of management institutes across the country that claim to be "one of the best". The question then arises "Why these so called best institutes are not able to fill their seats, forget about the high cut-offs.
Being a part of this profession, I have closely watched the scenario for about last ten years. Some of my observations are as follows:
Management institutes do everything but management: When it comes to teaching, they teach all kind of management but hardly follow the basic functions like planning, organizing, coordinating,directing, leading. The only function they are good at is 'controlling". Very few institutes have clear vision, mission and goals. The only goal it seems is to fill the seats so as to survive for at least one year. The performance plans of the institutes do not exist so there no question of the performance plans of the individual employees (read faculty members). The faculty members on the contrary are are loaded with all kind of non- academic work. The senior most professor are engaged with the trivial work at the cost of research and institutional development which should be their forte.
Curriculum is hardly in line with industry requirement: The institutes following University curriculum find themselves helpless about updating the curriculum. To be on safer side the Universities add one line " The institutes are free to teach additional subjects / topics if the need be. The new choice based credit system has some provisions of providing subject choice to students but the institutes hardly are flexible about it since to conduct new subjects they require additional resources.
Quality of Leadership: Most of the institute heads become heads by virtue of their existence or through the age old selection process of Universities where there is no test of demonstration of leadership qualities.
Crunch of resources: In private institutes the managements in pursuit of maximizing the profits, are reluctant to spend while in govt. institutes the funds are never released in time.
There are several such issues which I would be delving into in the coming issues. Till then good bye
