All Indian business schools including IIMs are 2nd rate at best and highly overrated.
(i) The faculty has little or no incentive to publish in good journals. (ii) The quality of research done is substandard (iii) The only skills students learn is to color ppt slides and BS their way by while talking MBA buzzwords
But then you dont need to do top research in math/economics/finance to sell soaps at HLL.
Sure they get $100K packages as the alternatives are even worse.
RE:IIMs
by Scientist on Jul 16, 2008 11:37 AM Permalink
I agree with Top Gun. However, I am told that IIM Ahmedabad has started a process whereby a faculty member publishing in Operations Research or Management Science journals will get a cash reward of Rs. 1 lakh per paper published. Of course, this does not necessarily mean that the quality of papers will improve overall and even does not ensure that the standards of existing faculty will increase, but definitely is a good step. Unofrtunately, in institutions like IITs and IISc, there is no such scheme to reward people who publish in the best journals.