Employability of MBA graduates across specialisations is at a dismal low, says the National Employability Report MBA Graduates, Annual Report 2012 by Aspiring Minds. While employability is below 10% for functional role in the field of HR, marketing or finance, in business consulting roles, it is as low as 2.5%.
The study also revealed that a higher percentage of females are employable in HR roles and that 40% of employable talent lies beyond the top 1000 MBA colleges.
The report on the graduate class of 2011 covering data of 32,000 students from 220-plus MBA schools has been done using AMCAT, an employability test conducted by Aspiring Minds. Employability of MBAs was lowest in business consulting, followed by analyst and functional roles.
“”The low employability figures show that management students and colleges need personalised employability feedback and guidance to take the right corrective steps. This shall not only lead to more students getting jobs, but also addressing the large talent needs of our growing industry,”” said Varun Aggarwal, COO and CTO, Aspiring Minds in a release…