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Only 20% B-school graduates land job offers this year: Assocham

B-school campus hiring this year has gone down severely than last year which was 30%

Press Trust of India  |  New Delhi 

Only 20% B-school graduates land job offers this year: Assocham

are struggling hard for with only 20 per cent students landing job offers, making this placement year the most challenging in recent times, according to

The chamber observed that job opportunities for business school (B-school) students are drying on account of factors like demonetisation, lacklustre business sentiment and stalling of new projects.

Grim placement scenario is reflected in campus this year which has gone down severely than last year which was 30 per cent.

"The salary packages which are offered at B-schools and engineering colleges are also being curtailed by 40-45 per cent as compared to last year," said.

The Education Council (AEC) said many parents and students are re-thinking on investing three-four years and several lakhs in a course.

More than 400 institutions have become defunct as they are not getting enough students to be viable, said the chamber.

As per its findings, a large number of B-schools and engineering colleges are not able to attract students. More than 250 B-schools have already closed down since 2015 in major cities including Delhi-NCR, Mumbai, Bangalore, Ahmedabad, Kolkata, Lucknow, Dehradun etc. Another 99 are struggling for their survival, reveals the report.

The biggest reason for the gap is the rapid mushrooming of tier-2 and tier-3 educational institutes that have unfortunately not been matched by the uplift in the quality of education, said the chamber.

The root cause of the problem is that institutes only focus on filling up seats and do not consider the quality of students at the time of intake, it said.

has suggested to improve the infrastructure, train their faculty, work on industry linkages, and spend money on research and knowledge creation and making students employable rather than employed.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Tue, December 12 2017. 01:43 IST