The Rise of MBA as a Higher Education Degree by PrashantSaini2

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In today’s world the MBA education has become professional and companies have started hunting for top talent, there has been a race to establish business schools.

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									                              The Rise of MBA as a Higher Education Degree


                                                             In India, post–independence, the need for effective
                                                             management institutes was felt at various levels. In
                                                             an effort to boost education, the government of
                                                             India came up with several educational policy
                                                             programs which led to the establishment of premier
                                                             business schools in the country. These premier b-
                                                             schools had every element of professionalism.
                                                             Armed with world class faculty and excellent
                                                             placements these premier institutes created a niche
                                                             for management educational in the educational
                                                             world. This was the phase a few decades back.
                                                             Now, in the last one decade, MBA, or the master of
business administration degree has evolved to become one of the most sought after courses in India. Why has
been MBA a degree that has gained immense popularity. One of the reasons for the popularity of MBA courses in
India and consequently, the growing fame of several MBA Institute in Delhi and several other metropolises is that
these institutes provide placements.

After the doors of globalization opened in India, i.e, post 1990s, MBA became famous because several MNCs and
offshore companies starting showing immense faith in the Indian talent. As trade and business further improved, it
led to the rise of MBA as a hallowed degree. Seeking admissions to best colleges became an extremely competitive
affair and the brightest brains started filling the seats of top management educational institutes.

It is certainly true that many things have made MBA as a popular degree. One of them is the assurance of a job
after completing the degree. After all, the basic goal of education, especially higher education is to make a student
ready for the professional life. Definitely, education empowers students to become holistic human beings but if we
see it from totally practical purposes, getting placed in a good company helps in morale booster. We all can relate
to the joys of getting our first salary! Also, as MBA education has become professional and companies have started
hunting for top talent, there has been a race to establish business schools. While some business schools have been
providing top class education to students, there have been various others who’re just failing to provide what is
needed the most– quality education and industry oriented professionals.

It has been these issues that have been time and again highlighted in various government policies. While there is
no dearth of good MBA Courses in Delhi, there are some institutes that have been duping candidates on the name
of placements and bright careers. Many institutes charge extremely high fee from candidates and later, fail to give
them placements. In view of such recurring incidents, UGC and other government authorized institutions have
cracked upon several MBA College in Delhi which doesn’t provide what they promise. While the current scenario is
certainly not gloomy, students must surely take all necessary steps to get in colleges that offer them excellent
placements and have good professors to help them succeed.

								
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