Globalization and Its Impact on Business Education in Emerging Economies: A Case of India

Bhatia, Shweta; Panneer, Sigamani

doi:10.1177/2322093719838076

Cited by 11 publications

(9 citation statements)

References 49 publications

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“…As an area of ongoing research, the subject of MBA graduate employability has received substantial interest. Earlier studies have suggested that bridging the employability and skills gap is critical for MBA graduates (Abrahamson et al , 2016; Agarwal et al , 2019; Ayoubi et al , 2017; Benson et al , 2014; Bhatia and Panneer, 2019). Available literature also indicates that “communication, interpersonal skills, problem-solving, leadership, creativity, emotional intelligence, entrepreneurship, team-orientation, professionalism, work ethics and previous work experience” are essential skills that improve the employability of MBA graduates (Bhatnagar, 2021; Jackson, 2010).…”

Section: Literature Review and Theoretical Underpinningmentioning

confidence: 99%

E-career canvas for individuals’ initiative and MBA graduate employability: an exploratory study

Pattnaik

Shukla

2022

QAE

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Purpose The purpose of this paper is to propose a model developed through a thorough qualitative analysis of pertinent stakeholder perceptions that can be used to map Master of Business Administration (MBA) students’ aspirations, goals, strengths and weaknesses to create optimal interventions and enable better employability. Design/methodology/approach This study used an exploratory research design. The authors conducted interviews with 60 stakeholders to identify themes that form constituents of the E-Career Canvas for Individuals (E-CCI) model. To assess the impact of the proposed initiative, 30 random participants were chosen for interviews from among alumni, present students, faculty, recruiters and the university administration across five years. Findings The proposed model captures the short-term and long-term goals of students concerning their career aspirations. This study has qualitatively explored the impacts of the E-CCI initiative on graduating students’ outcomes. The impacts are positive. The findings also suggest that recruiters do experience an incremental difference among graduates who have participated in the E-CCI program at an educational institute in India. Practical implications Business schools may adopt this model to create profiles of their MBA students. Students, as well as institutional administration, may work on mitigating the shortcomings and weaknesses identified through E-CCI initiatives and target the roles matching the profiles of students during placements. Originality/value This paper presents a novel model of E-CCI to capture the aspirations of MBA graduates and direct them to fulfil their goals. This study takes into consideration the viewpoints of key stakeholders involved to map the effectiveness of the model.

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Section: Literature Review and Theoretical Underpinningmentioning

confidence: 99%

E-career canvas for individuals’ initiative and MBA graduate employability: an exploratory study

Pattnaik

Shukla

2022

QAE

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“…Although several researchers have suggested the essential skill set required for an MBA graduate to become employable (Ayoubi et al , 2017; Benson et al , 2014) and many studies have examined the gaps and lacuna that exists in the Indian MBA program (Pandiyan, 2011; Bansal and Agarwal, 2019; Bhatia and Panneer, 2019), there is no concrete analytical and quantitative evidence that explores and identifies specific factors that affect employability of a management graduate. A machine learning (ML) model can immensely help in identifying the factors that influence employability (Bharambe et al , 2017; Piad et al , 2016; Othman et al , 2018; Alghamlas and Alabduljabbar, 2019).…”

Section: Literature Reviewmentioning

confidence: 99%

The role of predictive analytics to explain the employability of management graduates

Raman

Pramod

2021

BIJ

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PurposeIn India, one of the prime focuses of a post-graduate management program is to prepare students and make them job-ready. Masters in Business Management (MBA) program helps students to imbibe theoretical and practical skills which are required by the industry, which can make them hit the ground running from the day they start their career. Many students (almost 40–50%) get pre-placement offers based on their performance in summer internship. The selection for summer interns by the corporate happens within a few months of the student joining the MBA program. Signaling theory in education indicates that the level of productivity of an individual is independent of education, but the educational qualification acts as a testimony for higher ability. However, this theory does not explain the reason for the mismatch between “education and work” or “education and the disparity in salary” between individuals who earn differently but have the same qualification. The paper aims to explore three attributes namely – “employability”– the chance of being employable; “pre-placement offers” – the chance of securing a job offer based on the performance in internship and “salary” – the chance of bagging a good job offer with a high salary.Design/methodology/approachThe authors have used longitudinal data consisting of 1,202 students who graduated from reputable business schools (B-Schools) in India. In the study, the authors have used predictive analytics on six years data set that have been gathered. The authors have considered 24 attributes including educational background at the graduate level (BE, B Tech, B Com, BSc, BBA and others), score secured in class ten (high, medium and low), score secured in class twelve (high, medium and low), score secured in graduation (high, medium and low), competency in soft skills (high, medium and low), participation in co-curricular activities (high, medium and low) and social engagement status (high, medium and low).FindingsThe findings of the study contradict the signaling theory in education. The findings suggest that the educational qualification alone cannot be the predictor of the employability and the salary offered to the student. The authors note that the better performance at a lower level of qualification (class 12) is the strong predictor in comparison to the student performance at their graduation and post-graduation level. The authors further observed at the post-graduate management education level that soft skills and participation in co-curricular activities are the major deciding factors to predict employability and pre-placement job opportunity and marks secured in class 12 is one more factor that gets added to this list to predict salary. The paper can immensely help management graduates to focus on key aspects that can help to hone appropriate skills and also can help management institutions to select the right students for management programs.Research limitations/implicationsThe analysis and the predictive model may apply to Indian B-Schools wherein the quality of students are almost the same or better. Predictive analytics has been used to explain the employability of management graduates alone and not any other.Practical implicationsThe authors' study might be useful for those students who often fail to understand “what” skills are the most important predictors of their performance in the pre-placement and final-placement interviews. Moreover, the study may serve as a useful guide to those organizations that often face dilemmas to understand “how” to select an ideal candidate for the particular job profile from a campus.Originality/valueThe authors believe that the current study is one of the few studies that have attempted to examine the employability of management graduates using predictive analytics. The study further contradicts that the signaling theory in education does not help better explain the employability of the students in extremely high-paced business environments.

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“…Some researchers have identified essential skills required by the industry for MBA graduates (Benson et al, 2014;Ayoubi et al, 2017). Several studies have also examined the cause of the skill gap in MBA education programmes of B-schools in India (Pandiyan, 2011;Bansal and Agarwal, 2019;Bhatia and Panneer, 2019). Webster and Watson (2002) stated that when a body of research exists on a specific topic, a thorough review of such studies that synthesises and integrates existing research articles stimulates further research on the subject.…”

Section: Literature Reviewmentioning

confidence: 99%

Employability and skill gap among MBA graduates in India: a literature review

Bhatnagar

2020

ICT

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Purpose The purpose of this study is to review scholarly research on employability and skill gap in the context of the Master of Business Administration (MBA) education in India. This paper provides an overview of the critical themes and identifies research gaps for future investigations. Design/methodology/approach Published empirical studies were reviewed and thematically analysed using NVivo 11 Pro. Findings In addition to technical aptitudes and skills, organisations also seek other attributes that are associated with employability, such as communication, emotional intelligence, critical thinking, problem-solving skills and interpersonal skills. Communication is an important skill frequently cited in the literature. Additionally, themes related to reasons for skill gaps are identified. Practical implications Soft skills and non-technical aptitudes should be emphasised in MBA education. Furthermore, significant reforms in MBA education programmes should be implemented in India to make graduates industry-ready. Originality/value Several studies have been carried out to verify the existence of and reasons for skill gaps amongst MBA graduates in India. Through integrative literature review, the issue of skill gap is discussed. Future research directions are also recommended in this paper.

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Globalization and Its Impact on Business Education in Emerging Economies: A Case of India

Cited by 11 publications

References 49 publications

E-career canvas for individuals’ initiative and MBA graduate employability: an exploratory study

E-career canvas for individuals’ initiative and MBA graduate employability: an exploratory study

The role of predictive analytics to explain the employability of management graduates

Employability and skill gap among MBA graduates in India: a literature review

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