business school world
Why I Didn't Study In India
Lack of international students turns homegrown talent off India's b-schools
Indian business schools are losing out on domestic talent because they’re unable to provide an international experience, according to two Indian students at Australia’s leading business school.
Amit Chandna and Nirvikar Yadav are due to graduate from the Australian Graduate School of Management’s (AGSM) MBA program in 2010. The pair both studied at Indian universities prior to moving on to multinational companies in IT consultancy and health care respectively.
Having done a Masters in Computer Applications at India's Institute of Management Technology, Chandna spent 18 months searching for the right MBA program before landing Sydney. “While I was aware of the good reputation and rank of the IIMs and ISB in India, none of them provide a global experience and thus they were not a part of my consideration set”, says the former consultant at Tata Group, Asia's largest IT consulting company.
Though standards are rising at India’s business schools – the MBA program at the Indian School of Business (ISB) was ranked 15th by the FT this year - they still don’t provide the global perspective on business problems and diverse student bodies of their peers.
For example at ISB about a fifth of faculty are from overseas and only four per cent of students. The number of international faculty at other schools in the top 15 ranges from about a third to 100 per cent at Switzerland’s IMD. The proportion of international students ranges from about a third at US schools and China’s CEIBS to over 90 per cent at elite high-ranked European schools.
“In a batch of 64 students we have representation of 31 countries,” says Chandna of AGSM. “It’s a unique opportunity to gain insight into different cultures and ways of doing business in different countries.”
Yadav claims that most Indian B-schools are “very India-centric”. The former Wipro GE Healthcare manager thinks that a global perspective is a major part of business education, and that it’s missing in his native country. “It's impossible for an Indian b-School to match the level of diversity that is present here at AGSM,” he notes.
Yadav goes on: “The class discussions… give you a complete picture of how to understand a case, which is such a wonderful learning environment.”
He also thinks that students in Sydney are not as intensely competitive as their Indian counterparts: “In Indian business schools, there have been instances of students committing suicide due to the high pressure from the school and peers.”
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By SuperKris@AGSM
07/09/2009
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Wipro GE Healthcare
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Nirvikar Yadav
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Amit Chandna
what schemes/processes does Aston have in place to get such good results in career progression and work placement post graduation? I think other schools could learn a lot...?
errm. I thought Indian students preferred to study abroad so they didn't have to live in India anymore. But maybe I'm a cynic.
Anonymous
For Anonymous:
"Indian business schools like IIM's are full of domestic talent,and this is corroborated by the tough entrance exam like CAT.I can challenge, not many International students can compete in CAT with Indian talent.Only those Indian students who can't score in CAT try to get into other Institutions around the world which are run like businesses.Most of the students who pass out from IIM's get decent jobs in top MNC's and do very well."
It seems you are unaware of CAT structure. Anybody who cracks CAT, except a handful, is a generally a fresh student out of/still in collage, somebody who is able to devote 4-5 hours of practice every day.
There is no doubt IIMs are the best, but the entrance test is not tailored for people with full time experience.
Which explains why most of the people getting into IIMs are without or little experience. Apart from the fact that an MBA offers more value if you already have work experience, it also adds richness in classroom.
"Some 2500 years back, students and scholars from all around the world used to come to India's premier institute called "Takshila " for higher education.During the next 20 years India is going to be the fastest growing economy in the world , and every one should better be India centric."
These are thoughts of a close mind and somebody who is unaware of ground reality of indian education system. Indian economy is definitely growing but education sector is far behind in terms of quality and practical exposure.
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Third eye
Anonymous
Agree with you mr anonymous. Any tips on how, as an american girl, i apply to one of the IIMs or ISB? i tried calling ISB today but couldn't get through to anyone in admissions/ marketing via the switchboard... would love to consider studying in india but need reassurance it's not gonna be too difficult for a foreigner...
Jen
Indian business schools are losing out on domestic talent because they’re unable to provide an international experience:
My Comment:
Indian business schools like IIM's are full of domestic talent,and this is corroborated by the tough entrance exam like CAT.I can challenge, not many International students can compete in CAT with Indian talent.Only those Indian students who can't score in CAT try to get into other Institutions around the world which are run like businesses.Most of the students who pass out from IIM's get decent jobs in top MNC's and do very well.
.While I was aware of the good reputation and rank of the IIMs and ISB in India, none of them provide a global experience and thus they were not a part of my consideration set”,
My comment
Beauty about India is that its one country that comprises of many( as many as 50, that I can count ) different cultures ,traditions, customs and languages. People in the south of India are different from the people in the north.As much as the Singaporeans are different from North Indians.It will take an Indian one life time to understand this diversity,or he/she can join an IIM and understand the same in 2 years.
most Indian B-schools are “very India-centric
My comment
Some 2500 years back, students and scholars from all around the world used to come to India's premier institute called "Takshila " for higher education.During the next 20 years India is going to be the fastest growing economy in the world , and every one should better be India centric.
Anonymous
Are ISB actively promoting themselves to international students? I'd be interested in studying in Hyderabad if I thought the set-up catered for foreign students...
Anonymous