there is an ongoing litigation over a notification
given by the Government regulator, AICTE and
Government itself still unable to get four
legislative interventions which may transform
the face of management education in the countryIn
other developments, IIMs have expanded their
offerings by opening more campuses at Raipur,
Ranchi, Trichy, and Patna for the moment.
The government has also announced a national
test in addition to the IIMs test, CAT. The
new national Management Aptitude Test (NMAT)
is being getting into shape at the moment
Admissions this year has been abysmally low
and the B-school community expects that 20
to 30 per cent of the schools may have close
shutters.
The silverlining
however is that the placements has been good
throughout the B-school community even though
hundred per cent placement has now become
a distant dream for most schools. Even the
big schools are facing the pinch as the corporate
have become more discernible.