Biswaroop Padhi, centre director of IMS, Ahmedabad, said, “Many students who had already earned an MBA degree from various B-schools are working to crack Cat this year.”
Experts say the main reason for this phenomenon is the abundance of B-schools whose students fail to get proper placements every year. Padhi said, “A large number of B-schools have come up which churn out many MBAs every year. But due to various reasons like lack of a brand name of the institute and low quality of education, these students fail to get a lucrative job offers.”
Sameer Rai, regional director, PT Education, said, “Either students or graduates from second-rung B-schools, who did not get the right kind of opportunity, go for a degree from a better-known B-school, like the IIMs.”
Amit Agarwal, director, Time, who supported the aforementioned views, said, “The numbers of MBAs appearing for Cat is more in larger cities.” These students generally hope to get into one of the top-10 B-schools of the country by cracking the admission test.
Hardik Patel, one such student, said, “I would only go for a top-10 institute.”
Asked for the reason for taking such a step, he said, “Apart from the benefit of being with the best students and faculties, there is the advantage of getting the tag of a top MBA institute, which would be helpful in getting high-profile jobs from the very beginning. The pace of career growth is also much higher.”
Experts, however, do not favour such a move. Rai said, “Personally, I do not favour this course. Instead of going through the same course, it would be more helpful if students pursue a different line of specialisation. The combination of their MBA degree and the new specialisation would open new horizons.”
Cautioning students not to spend a fortune on fees and donations on lesser-known B-schools, Padhi said, “Before taking admission to a business school, students should evaluate the institute on various parameters.”
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