There is no official estimate of B-schools in India but according to a private database, there are over 900 large and medium institutes offering an MBA or a PG diploma in management. Maharashtra tops with over 140, followed by Andhra with 114 and Tamil Nadu with 109. Even UP has 90. Many of the smaller schools won’t even have proper buildings or faculty, forget placement facilities. Worse, few students bother to check fully before registering.
Admits R.A. Yadav, director, Lal Bahadur Shastri Institute of Management, Delhi: "There is nothing wrong in having many schools as demand is far above availability. But many come in not for education but for the money." So, many students of smaller institutes haven’t found jobs. "In the end," says Yadav, "it isn’t just the degree corporates look at but also where one has received it."