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  • Placement syndrome

    • 29 April, 2020 | Placement syndrome
Placement Syndrome

The world has definitely shrunk and business schools must swim with this tide. More and more students today ask for global exposure. While exchange programmes have long been part of the business school curriculum, joint degrees are now being offered as well, which could lead to a diverse learning experience.

For the past several decades, management education has been one of the most coveted disciplines globally. Applicants seek quality education that can fast-track their understanding of economies and business. Corporate firms are looking for job-ready individuals who can understand the larger perspective picture and contribute to their growth story. Business school graduates are driving change through leadership positions across industries and sectors.

Being a relatively recent discipline and one that is contextspecific, management education must undergo frequent changes. Innovate or die is the mantra that business schools have to adopt in order to be relevant. They must appreciate the changes in the way business is conducted and accordingly review their curriculum, methodology and people. Business schools that insist on following the traditional approach will be doing a disservice to their students and to the recruiters as well.

Mark McCormack, in his famous book, What They Don’’t Teach You at Harvard Business School, talked about the gap between the skills required to be a professional manager in the corporate world and the curriculum that is adopted by business schools. He used his own story as a blueprint to highlight the fact that an MBA from one of the top business schools and success in the business world may not be as directly correlated as business schools want you to believe.

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