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Indian B schools - IIMA etc.
by ramgopal krishna on Mar 16, 2006 12:15 AM

These days, we hear and read so much about the very high salaries being offered to IIM graduates,who have absolutely no experience of managing, failing or succeeding in doing anything. The salary offered are almost senselessly high and vulgar! Perhaps, they are a gimmick of promoting the IIMs themselves.
Points:
1. Why does Indian Govt. not open IIMs immediately at every city, town and village and compel all students to graduate, so as to wipe out poverty in India. Why, even other countries, notably the African countries can also follow suit.
2. Experience seems to have completely become superfluous.
3. I have personally worked with IIMA and other IIM graduates, and they were/are all absolutely normal executives you could find in any organisation, they soon and repeatedly changed jobs also.
4. I have also been informed that many large companies/corporations employing IIM graduates on very high salaries did not do well and some in fact went bankrupt or had to be sold out.

The only outstanding features of all such IIM graduates were that they had mastered the management jargon, they had good table manners, and could often impress the stewarts.

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Do B-schools teach this?