It is important for all the MBA aspirants to know and understand that what makes them employable or industry ready professionals. In today’s scenario MBA education has to be thought beyond placements but at the end of the day what matters is the economic success i.e remuneration.
So important is what all attributes contribute to your economic success and thus making you “Industry Fit Professionals”
If we talk about the recent survey conducted by Graduate Management Admission Council (GMAC), it says “No industry exposure means MBAs find jobs hard to come by”.
The study has revealed dearth of industry exposure or functional experience posed a major roadblock for Indian management graduates who did not find a job in 2013. The study, which covered 129 business schools around the world, shows that a key shortcoming for 2013 Indian management graduates who did not find a job was lack of industry exposure (47%), followed by inability to find a job that pays enough (29%) and over-qualification (29%).
Take this survey an eye-opener for yourself and plan your MBA by considering all the necessary parameters that lead to your economic growth. There are many aspects involved in the development of a qualified student. As the study reveals that one of the most important ones is the industry exposure. A student who has been exposed to the industry is a student who is more aware of the opportunities that are out there in the field and can demonstrate a greater level of commitment and dedication to what he or she is interested in.