Sri Sharda Institute of Indian Management and Research (SRI SIIM) has been providing the PGDM Program, equivalent to MBA Program in Delhi. Sri SIIM News became viral when a Kashmiri Student grabbed 30 Lacs Package with Doha Bank in Qatar. According to SRI SIIM Placement Cell, There were 5 other students who got International Placements, which the college has attributed to innovative course curriculum. But, how can an innovative course curriculum in a Business School like SRI SIIM assist in providing attractive packages?
There is a sort of ‘disenchantment’ with B-school curriculum these days despite the enthusiasm amongst the youth for MBA Colleges in India. The MBA Colleges in India often have the means to provide education, but a majority of MBA Colleges are more interested in revenue generation rather than students development. Until and Unless Innovation is not introduced in Business Schools in India, students will continue to suffer from unprofessional commercial colleges resulting in below average placements, according to Prof. Ahuja, Director at Sri SIIM College, Delhi.
How Sri SIIM College Counters the Unprofessional Industry?
India is one of the only three countries in Asia to make a mark in the top fifty MBA schools in the world. Thus, it is fair to say that there is simply no dearth of MBA Colleges in India, providing the management degree. However, the problem arises when the institutes only have the infrastructure and not the correct elements that are essential for the programme.
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The MBA colleges in India lack the most important factors that include an efficient faculty, heavy course structure and an effective placement strategy. To compensate for the same, the colleges and universities rely on a faculty that brings with it the ‘needed basic industry-standard experience’ but not an approach that would be a blend of practice with theoretical knowledge. The absence of an efficient faculty and under-developed programmes thus result in an incomplete structure required to help advance careers of students. According to Prof. Ahuja, Sri SIIM has been aggressively working to understand the ancient Indian culture and promote learnings via the Vedic studies, which is an essential part of student development. After all, a healthy body is important for a healthy mind and Yoga plays a vital role in this. Most Business Schools in India have adopted a copy and paste method of teaching, but we at Sri SIIM believe in learning from modern as well as traditional forms of science.
Another worrisome factor in the field of management education is that most applicants to B-schools are fresh graduates with no working knowledge of the industry. They simply come armed with the theoretical knowledge gained at the undergraduate level and thus fail to ask the relevant questions during their course of education at the management institute. Upon joining MBA Colleges in India too, the students only end up with bookish knowledge and no experience at converting ideas into actions thereby making their education at the B-school, simply incomplete. At SRI SIIM, Prof.Ahuja explains that the students get an amazing platform to transfer their thoughts into actions by working on presentations, live projects, international exchange programs, debates and challenging assignments. This is a vital stepping stone for attracting top recruiters, resulting in higher packages.
West Vs East – The Differences at MBA Colleges in India
The path of education in the Indian system is also one that needs to be worked upon. The fact remains that most of the course material for MBA Colleges in India has been picked up from the West, which due to the vast differences, fails to make the desired impact. The case studies and material thus focus on what most companies are doing in the United States while the major experiences of companies in India are left out. At SRI SIIM College, we have picked up case studies from Indian and Chinese companies like Flipkart, Huawei etc so that students understand from the Asian perspective and get a comprehensive knowledge of the market. Once a student is well versed with the Indian case studies, their employability graph surges past others.
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