The Hindu has a wonderful magazine that comes out every sunday. Been a long time reader of that. This sunday’s issue had a very good piece on how the MBA, in an Indian context, has been diluted to such an extent that it has almost lost its relevance. The author comes up with a more than decent arguement in favor of reverting the path of the MBA as it is headed now. A few lines caught my attention…

The IIMs started by envisaging it as a mid-career, post-experience qualification, but chose to gradually ditch this one significant element critical to the success of the MBA as originally designed

What could be the reason for the IIMs to go this way…Is it because they fell for the invariable glamour that is associated with any program with miserably low admit ratios or is it, as the author pointed out, a logical adaptation of an academic program catering to a specific set of junta that puts academics before real life xp, atleast in the initial phases…

And he goes on to add, ironically funny,

The distance from the real world of business is further widened because business school teachers seldom have senior management experience. They have PhDs grounded in one of the disciplines such as economics, statistics, and accounting or operation research. With few exceptions, the average calibre of the student population in the top B schools of India would be far higher, by any objective test, than their teachers.

I just couldn’t control myself seeing this…I, for one, can vouch on the veracity of the statement in a few cases that i’ve seen ;) Hell, i bet even if we were to generalize this across B-schools of all shapes and sizes, this statement would still hold true !!(Dont catch me on this :P) But then again, the test that the author is talking of is an objective test !! Objectivity be damned ;)
Read the complete article here

And something for the new-age post-happy internet journos, The Govt. is actively considering accrediting dotcom scribes and bloggers…Anybody game for setting up a full-fledged dotcom news agency?? ;) or better still, the PaGaLGuY News Network ;)