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If a recent survey conducted by MBAuniverse.com is to be believed, only one in five MBAs is employable. The pre-recruitment survey conducted in tier-2 B-schools which included skills in verbal ability, quantitative ability and reasoning, indicated that a lot of correction was required with regard to the manner in which classroom teaching was conducted.
However, the survey excluded top 25 management institutions including IIMs. Survey was carried over 29 cities, in tier-2 B-schools, with approximately 80 MBA students per city. Overall average percentage score obtained by MBAs in verbal ability, quantitative ability and reasoning was 52.58%, 41.17% and 37.51% respectively.
The lower factor on the reasoning particularly requires a closer attention as the elements of the reasoning test viz. deductive logic, data sufficiency, spatial reasoning, and analytical reasoning are crucial to making sound management decisions.
The pass-through rates were calculated based on the pre-decided cut-off for each test that are at par with the average cut-off scores decided by companies in their recruitment exercises. The threshold cut-off scores used in verbal ability, quantitative ability and reasoning were 45%, 35% and 40% respectively.
This is not the first time that such a survey has been held. In 2007, a similar survey had placed the employability index at 25 per cent. Since then the number of B-schools in India has risen four-fold from 2006-07 from 94,704 to 3.5 lakh colleges today.