On 13 May 2018, Business Standard (Lights dim for B-schools) referred to a report released by Assocham, stating that other than premium B-schools such as IIMs, most others were producing “sub-par graduates” who were either unemployable or earned less than Rs 10,000 a month, if placed.
The study also stated that only 7 per cent of the pass-outs (excluding graduates from IIMs) are actually employable in India. Campus recruitments have gone down as much as 45 per cent because of low education quality coupled with the economic slowdown. Unavailability of quality faculty in tier-II and tier-III institutes, has also contributed to the bleak scenario.
The report went on to state that the quality of higher education in India, across disciplines, is poor and does not meet the needs of the corporate world.