Why is IIPM offering an MBA degree that nobody would recognize? muses Vir Sanghvi in his blog recently. The answer it appears is simple though. IIPM has this CEO who simply believes & acts in ‘Counting his Chickens Before They Hatch’!
On a serious note the reality of the matter is that there are too many wannabe MBA institutes wanting to get a chunk of this large market and the fight between the ‘me-too’ segments is only getting fiercer. However dubious their claims or reputations may be – Vir’s well articulated article being a case in point. It’s another case, for instance, why many colleges in Bangalore go without a single admissions in a year
My Project office lies bang opposite the Karnataka Examinations Authority office in malleswaram and I have been witness to what could be called a prolonged spectacle. That is until recently CET Counseling was in full swing here and flocking this center were hordes of engineering & other degree (including BBA - MBA) Institutes that marketed their wares in every possible way. Just passing by that road meant that you would have brochures of atleast 15 different colleges in hand before you crossed the centre. And parking on the opposite side of the road were numerous College Vans & Buses with banners, buntings and all kind of promotional materials.
The interesting thing is; as the days progressed and the counseling progressed to the lower rung ranks of students, newer and never-before heard colleges from far flung & beyond areas appeared near the counseling center. And many tried hard with their outdoor presentations; decent looking campuses & beaming students on their brochures & posters.
So what if one of the promoters of these colleges goes to bed worrying about the empty benches but wakes up one fine morning & says ‘lets do something different’?
There you have another Arindam Choudhary story.