With an excess of IIMs being established and shifts in company preferences, numerous individuals on social media platforms are debating the reasons behind even graduates from premier MBA programs struggling to secure employment in the current challenging job landscape.
An increasing discussion on social media platforms has ignited debates about the evolving worth of an MBA, particularly from top Indian business schools. This controversy was set off by a series of posts highlighting how the formerly coveted management degree no longer ensures a direct path to one’s ideal career.
A user shared frankly, "An excessive number of IIMs have weakened their reputation. Many of these institutions refuse to consider companies offering salaries beneath a certain level to maintain their prestige, which often leads to graduates remaining unemployed. In reality, they do find jobs eventually but typically at reduced compensation levels."
Many people agree with this view, pointing out an increasing gap between skill levels and available chances. One commenter adds, “I see the same trend when recruiting; brilliant young individuals with exceptional abilities aren’t getting enough breaks… The job market and companies now demand perfection.”
These difficulties are not limited to new graduates alone. Individuals trying to return to work after taking time off encounter similarly challenging circumstances. To quote a user, "Going back into employment after a sabbatical feels akin to scaling Mount Everest." Indeed, navigating modern job markets and advancing careers remains an arduous struggle.
Some people highlighted a change in the focus areas of various industries, notably in technology. They noted that over the past ten years, sectors like fast-moving consumer goods (FMCG), big consulting firms (Big4), and subsequently tech were the top employers of MBAs. However, the issue now is that entering product-related positions in the tech sector doesn’t necessarily require an MBA. Even leading tech companies no longer demand this qualification for such roles because they’ve recognized that hiring promising candidates early—as product management interns from prestigious institutions like IITs or BITS—is sufficient.
As hiring practices change and companies look for more flexible and economical ways to access skilled professionals, the conventional importance of obtaining an MBA appears to be undergoing an identity crisis—prompting crucial discussions around how India’s management education landscape needs to adjust.
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