You are right by Indian standard its farce and comedy. MBA in india has no scientific methodologies or practical exposure how to approach for analysis and diagnosis of problem and what are management concepts to be applied on problems. Which management concept is fit for which case. Our students are tought lessons only by the readers and we have to memorised and appear for exam this eventually results in comments like this. We do not have quality education this is problem our MBA is remain only as labals or branded tag of being educated but our graduates's minds are remain empty. I said this because I come across western management consultants like, Aurther D Littel, Mckinsey & COmpany, Booz/Allen/Hamilton, Boston COnsulting, Earnest & YOung, Hay Group, Watson Wyatt, MERCER, MEIRC, all these companies have over 200 offices world wide with over 5000 employees and earns revenue over 2.5 to 5 billions US Dollars just from consultancies. one contract amounts to over Million Dollar. But its halucination for indians and unbelievable too for Indians. I was amazed but I saw many Indians working their afcourse they were from UK,US institutes and establish their worth in maket that we Indians are intellegent. But problem is with our education system. We do not promote inventions and innovative skills its merely on record we say but we don't practice all this. SOme shrewd people in the field of Indian Management verbiage and makes good impression is only our ideals.
