Thanks to globalisation that at the moment one can find a million B-schools mushrooming up. These new genre of so-called Business schools have sprung up especially in the last one decade maximum. People at large forget that MBA has become a saturated program all over the world. In India too, it is on the verge of becoming saturated. Looking at the population in the country at present, it is not surprising that there are miilion B-Schools and million students , who after completion of the course end up in low profile jobs. Its obvious for an overpopulated country that the majority will land up like this and only a few good who good the elite B-Schools will really do well. The craze for MBA should go and their should be new fields opening up. But till the people remain under this craze, the B-School education industry will thrive and many a children from middle class families will suffer the same fate.
