There are various problems that are associated with the design of the MBA Programs but then there are even solutions to solve these problems.
MBA Programs or the PGDM Courses are being chosen by the students who are interested in these courses and Students from different background can also apply for the same. There is lot of growth for the MBA Phenomenon especially in Asia.
Today there is lot of craze in the students to do MBA degree. Students from different background i.e from economics, engineering and science background choose to do graduate degree in Business course.
But inspite of all these there are certain measures that are not taken to improve the same.
The Placement assistance in the business schools is much best rather in other disciplines like arts and science.
Especially in country like India the placement officers are expected to invite the companies to the b-schools to conduct the interviews and provide them the jobs.
Even students also do not expect anything apart from the job-orientated training. Students need high package salary jobs in a good company so that they can pay their tuition fees. Because usually completing MBA from any top Private business schools will definitely cost them more fees.
As per the research it also says that the undergraduate business degree is a waste of time because usually the young students will not have any business experience and hence all the knowledge will be only theoritical.
Here even there are basic similarities also between the curriculum of the business schools as also there is not basic agreement on what has to be taught to the undergraduate students and what needs to be taught to the postgraduate students.
There are many business schools and also there are many professors who do not have the MBA degree or the undergraduate business degree. There is mix of people from different background.
Nearly 90% of the faculty members are from physics, economics or the psychology departments and they are having different master’s degree in this discipline.
Hence proper steps should be taken to recruit the teachers from the MBA background in order to improve the field.
If now the proper steps are not taken then then it would difficult to make MBA the one of the best degree.