One of most frustrating things to have noticed in my interactions with the bschools in the last year in India has been the total lack ot foresight in providing radical changes in curriculum or training to prepare their passing out batches about the ways to lead in time of change and also in times of economic downturn.
When I read reviews of how bschools abroad (US/UK/EU etc) have been very active with researched data and updated credits on these areas, it is sad that almost no bschool worth its salt in India has been able to figure these out and provide its students with the advantage that other will surely lack.
Going beyond the syllabus and the curriculum is very tough for any Indian educational setup because thats where performance of faculty members are looked into and no one pays for research or study beyond the scope of books.
Interviewing Bschool freshers (with or without pre-MBA experience) has been an eye-opener for me and probably others as well w.r.t how off-track these guys are to the real-time scenarios. Reading habits and other thigs helping in knowing more than the syllabus books are never practised. I will be happy to be proved wrong by any bschool that goes beyond motivating students to read the Eco-Times or other such journals as per their individual interest levels.
No research for Faculty members, no work on proprietary areas, and total lack ot foresight will hammer home one single point - India does not have Bschools that will grow and help the average post-MBA-intelligence to grow to a level wherein start-ups or SMEs or even good companies can look at excellent talent bases.
In one of my analysis that I am currently working on, I am trying to establish the possibility for an Indian Bschool to achieve the status of some of the IVY Leage colleges and the best of EU Bschools. What is startling is that I started with some 10 factors but in the second iteration I ended up with 5 more factors. (talk about things getting complicated). Any multiple-regression analysis will be able to give some graph that will provide insights into the way these various factors (put-together) will behave if tweaked against relative scales.
The truth is that things are not so cool for the Indian Bschools and they will have to do a lot of catching-up if they indeed wish to make some dent. But that means we are talking about vision statements that are logical and achievable. Any "About Us" statement should tell you about that. But sadly, I havent come across many that are clear in the things that they wish to achieve.
The Solution is a tedious process and will take enormous efforts. But what the heck. We Indians are good in copying others isnt it? I can just hope that some BSchools can start on some changes and others will be able to copy them and probably become better. :)
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