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Business Education Industry Insight

Cygnus Business Consulting and Research
March 1, 2009
152 Pages - SKU: CYG2223757

Abstract Table of Contents Search inside this report Related Reports

Countries covered: India

Introduction:

Business education market in India is about Rs.30 billion in 2008 (campus and distance education together) and growing at a rate of 12% CAGR in last 3 years. Currently 1,550 business schools producing over 100,000 management graduates every year is not enough to meet the growing demand for management education in India. As a result, opportunities in management education in India are immense. Hence, business education in today’s environment plays a significant role and should prepare the students to face the challenges boldly. Several business schools have been set up in last few years but very few can mould the students to meet the expectations of the industry.

Key Findings and Highlights

Business education market in India is estimated to be about Rs30 billion in 2008 (campus and distance MBA together) and has grown at 12% CAGR for the last 3 years; huge potential exists for emerging institutes offering world-class facility with global accreditation.
About 25 B-schools in the country provide good quality of management education.
The number of students registered for Common Admission Test (CAT) for admissions into management schools in 2008 was about 290,000 compared with 230,000 in 2007. CAT applicants have been growing at a CAGR of over 20%.
Cygnus estimates that there would be growth of 25% in number of students to be appeared in 2009 in CAT.
Compared with the number of CAT applicants, the number of seats offered by premier IIMs is only 1,700, indicating huge demand-supply mismatch.

Reasons to Buy

Provides information on

- Ranking of Business Schools and Placements
- International Business Schools and Recruitment
- Foreign Universities & Collaboration in India

Get a thorough understanding about the Business Education in India

Executive Summary
Highlights
1. Business Education in India - An Overview: 1.1 Academic Qualification Framework in Higher Education; 1.2 Statutory Bodies; 1.3 Types of Higher Education Providers; 1.4 Structure of Indian Business Education Market; 1.5 Trends in Public Expenditure on Higher Education; 1.6 Financing Available for Students; 1.7 Major Management Education Hubs; 1.8 Demand for Fresh MBA Graduates - an Outlook; 1.9 Recent Trend -Indian B-schools in Abroad
2 Quality Accreditation - National & Foreign Bodies: 2.1 NAAC; 2.2 NBA; 2.3 Global Accreditation; 2.4 AMBA Accreditation
3. Major Management Institutes: 3.1 IIM -Ahmadabad; 3.2 IIM -Bangalore; 3.3 Indian School of Businesses (ISB); 3.4 IIM -Kolkata; 3.5 XLRI- Jamshedpur; 3.6 IIM -Lucknow; 3.7 IIM -Kozhikode; 3.8 IIM -Indore; 3.9 IBS- Hyderabad; 3.10 Management Development Institute (MDI)- Gurgaon; 3.11 Institute of Management Technology (IMT)- Ghaziabad; 3.12 SP Jain Institute of Management; 3.13 Amity University; 3.14 Symbiosis Institute of Business Management; 3.15 Indian Institute of Planning and Management; 3.16 Institute for Technology and Management
4. Growth Drivers
5. Issues & Challenges: 5.1 FDI in Higher Education; 5.2 Mismatch in Education Curriculum and Industry Needs; 5.3 Attracting Students at the Entry Level with Placement Records; 5.4 Challenges in the Way of Becoming a World-class Institution; 5.5 Issues Related to Quality Certification; 5.6 Quality of Colleges/Institutes - Ranking; 5.7 Other Issues Faced by the MBA Institutions; 5.8 Suggested Strategies
6. Ranking of Business Schools and Placements: 6.1 Survey by Financial Times 2008; 6.2 Placement Scenario in Business Education; 6.3 Domestic Salary and International Salary Offered in B-schools in 2008; 6.4 Overseas placements for pass outs from Indian B-Schools in 2008; 6.5 Job offers per student (B-schools) in 2008; 6.6 MBA placement 2008
7. Critical Success Factors: 7.1 Identification of suitable location and availability of land; 7.2 Customising best practices for organisational development; 7.3 Selection of professors & lecturers; 7.4 Selection of students; 7.5 Cost matters; 7.6 Placement of students; 7.7 Strong Marketing & Promotional Planning; 7.8 Branding
8. Foreign Universities & Collaboration in India: 8.1 IIMs in Foreign Collaboration; 8.2 Foreign Universities Coming to India - Issues and Challenges; 8.3 AICTE Regulations for Entry and Operation of Foreign Universities in India imparting technical education, 2005
9. International Business Schools and Recruitment: 9.1 Preferred MBA Destinations; 9.2 Top Business Schools by Region; 9.3 Geographical Distribution
10. Outlook
Annexure 1 108 Estimated Cost & Revenue Structure of Private Management Institutes
Annexure 2 - Foreign Collaborated Institutions
Annexure 3 - State-wise list of MBA coaching classes in India
Annexure 4 - Region wise List of Institutes Offering Distance Education
Annexure 5 - List of abbreviations
Annexure 6 - BIBLIOGRAPHY
Annexure 7 - State wise Recently Registered MBA schools
LIST OF TABLES: Table 1.1: Entry Level Exams and the Respective Eligibility Norms; Table 1.2: Authorities and Mandates; Table 1.3: Distance State Open Universities; Table 2.1: Indian B-Schools Accreditation Status; Table 3.1: Indian Institute of Management- Ahmadabad; Table 3.2: Indian Institute of Management- Bangalore; Table 3.3: Indian School Of Business- Hyderabad; Table 3.4: Indian Institute of Management- Kolkata; Table 3.5: Xavier Labour Relations Institute- Jamshedpur; Table 3.6: Indian Institute of Management- Lucknow; Table 3.7: Indian Institute of Management - Kozhikode; Table 3.8: Indian Institute of Management - Indore; Table 3.9: ICFAI Business School- Hyderabad; Table 3.10: Management Development Institute- Gurgaon; Table 3.11: Institute of Management Technology (IMT), Ghaziabad; Table 3.12: SP Jain Institute of Management and Research; Table 3.13: Amity University; Table 3.14: Symbiosis Institute of Business Management (SIBM); Table 3.15: Indian Institute of Planning and Management (IIPM); Table 3.16: Institute for Technology and Management; Table 5.1: World Ranking of Universities; Table 6.1: Top 100 B- schools (Globally); Table 6.2: CNBC TV18 'A of B Ranking'; Table 6.3: Top Recruiters for Placements in MBA in 2007; Table 6.4: Top Recruiters at IIMs in 2008; Table 6.5: Statistical Data Regarding Salaries Offered to Students of IIMs( 2008); Table 6.6: Overseas Offers for Pass outs from Indian B-schools -2008; Table 6.7: Offers per Student (B-Schools) -2008; Table 6.8: MBA Salaries (2008) in Major Institutes; Table 9.1: Top Five Preferred Destinations; Table 9.2: Recruiters Top 20 Business Schools in Asia Pacific
LIST OF FIGURES: Figure 1.1: Current & Estimated Demand for Various Segments of Vocational Education & Training Markets of India (in US$mn.); Figure 1.2: Major Business School Hubs in the Country (October 2008); Figure 1.3: Demand & Supply for MBAs; Figure 6.1: Finance Placements - IIMs; Figure 6.2: Consulting Placements - IIMs; Figure 6.3: Marketing Placements - IIMs; Figure 6.4: IT Placements - IIMs; Figure 6.5: Function-wise Placements in IIM A (%); Figure 6.6: Function-wise Placements in IIM B (%); Figure 6.7: Function-wise Placements in IIM C (%); Figure 6.8: Function-wise Placements in IIM L (%); Figure 6.9: Function-wise Placements in IIM I (%); Figure 6.10: Function-wise Placements in IIM K (%); Figure 6.11: Function wise distribution in SIBM (2008); Figure: 6.12: Function wise Distribution 2008; Figure 9.1: Geographical Distribution (2007); Figure 9.2: Sectoral Distribution

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