MBA Aspirant-A Victim or a CEO

Online, April 12, 2010 (Newswire.com) - Year 2009, the year of RECESSION, was an eye opener for MBA India. The list of MBA colleges offering 100 percent placements or universities offering MBA failed to perform in many accounts.
The executive mba placements were a big disappointment and mba placements 2009 was a forgetting experience for most of the Indian MBA colleges.
The intake is ever increasing; media is used as a tool to sell college's bought out credentials and lure students into MBA degree courses! The placement assurance is a selling proposition backed by state-of-art infrastructure, resulting in a pool of MBA graduates, hopeless and helpless but sitting on a so called "MBA Degree". Now, isn't this adding on to unemployment, frustration and top of it, a wrong career move taxing 2 years of those aspirants, shattering their corporate dreams?
If Top mba colleges in asia , Top 20 mba colleges in India or world that justify their presence and seriously impart professional education struggled in year 2008-2009 then what about those colleges who are exploiting MBA as a mode of earning quick money or using it as a business model ?
Again, is a magazine or an agency going to decide the "Best colleges for MBA"? Do they consider the mental turmoil, the financial constraints or even the aspirations of a student? Is a life or a career of an individual that cheap or is the society ready to accept this plagiarism that is uprooting the roots of corporate world? Are we waiting for another Socio-Economic bailout?
How many of us do "IIM Bangalore MBA, IIM Ahmedabad MBA, IIM Lucknow MBA, IIM Calcutta MBA, XLRI MBA, FMS MBA or for that matter Kellogg's MBA? How many of us have a power to choose amongst Insead vs Wharton or Stanford vs Wharton as our career options? As a matter of fact IIM admission is a painstaking exercise and a handful see a logical conclusion to their careers after hours of Mba entrance coaching for others it is a far-fetched dream.
The answers are with us. Remember it is imperative to prevent and prepare or else you repent and repair.
In India Aicte approved mba colleges, UGC recognized NAAC approved colleges are a safest option to go for an MBA course. There should be a proper due diligence done before entering into a college. Just like there is CAT, MAT or GMAT used as a tool to screen students, there should be MBA eligibility programme to educate students to see their interests and vision , and not admit them based on those MBA dreams!!!!