Thursday 6 August 2015

The Rising Popularity of B-Schools in India

India is world’s largest democracy and fastest growing economy that has positioned itself as the hub of employable and entrepreneurial aspiration transforming into a reality. In recent years, the economy has shown a conspicuous growth that has encouraged foreign investments to pour in the nation’s corporate sector.

India is known in the world for a great quality of education that the universities and colleges offer to the students and this has led to an increase in the number of universities and colleges being established at an unceasing pace. With over 700 Degree-granting institutions and 30000 affiliated and recognized colleges, the nation ranks high in global educational rankings. Business Schools or B-Schools have outnumbered other kinds of colleges and universities in India.

There are several factors that revolve around the rising popularity of B-Schools in India that are significantly related to employability, enhancement of knowledge, exposure to academic learning at master’s level and optimism to succeed that surrounds the desire for professional growth in corporate world. The number of business schools in India tripled within a period of 5 years with many of them expected to serve international students.

The reigning decade in the country has also witnessed a triumphant rise in establishment of start-up companies in various industries and sectors that have primarily resulted from the academic qualification and knowledge gained at business schools in India. Entrepreneurial aspiration has reached greater heights and most of the business leaders heading the start-ups hold a master’s degree from b-schools. When it comes to talking about b-schools, MIT School of Business located in Pune, one of the top b schools in India, holds central position among other business schools of India. MIT School of Business has earned the reputation of being the top b school in India over a period of time through quality education.