An empirical analysis of the expectations of corporates about MBAs

Management education is one of the most popular professional degrees for people all across the globe. Since the inception of management education, corporates look forward to hire management students for meeting their different business requirements as per the changing market dynamics. But, over a period of time, it is getting difficult for industry to get the right talent and the right fit for their different roles. The study was an attempt to capture the expectation of different companies from MBAs. While understanding the expectation of companies, an effort was also made to understand the experience company has with currently hired MBAs. The perceptions were analyzed based on primary research on sample of 423 representatives from different companies by administering the questionnaire to them. SPSS software and MS-Excel was used for the detailed analysis. The results indicated that there was significant difference between expectation and experience of companies on different attributes for hired MBAs. The most widely used selection criteria by the industry for making a job offer to MBAs was personal interview. The analysis was conducted on the data collected from company representatives hiring MBAs from B-schools in Mumbai. Further research can be done by using data collected from representatives from different companies all across the country.