'IIM students lack practical training, unable to cope with market situations'
Industry experts today said that students at the Indian Institutes of Management (IIM) lack the quality to cope with the market turbulence due to a lack of practical training.
"IIM's are not producing the kind of students required by the industry. The kind of people industry today requires are those who have the competence to work under ambiguity and have the agility to cope with different dynamic situations," said Rajeev Bhadauria, president, Human Resources, Reliance ADAG. He was speaking at 'Connexion' a PGPX conclave organized at IIM-A here...

Join that community college for job training
With the corporate world often complaining that varsity graduates have only theoretical knowledge and lack in practical, the University of Mumbai has decided to collaborate with top corporates and start a community college from the next academic year.
The programme will be designed in such a way that companies will not need to provide any on-the-job training to the students they hire. Around 560 colleges are affiliated with the varsity, including engineering and general courses. Most complaints were regarding engineering students.
A senior varsity official said "when companies visit the campus, a common complaint is that the varsity doesn't produce students who can start working immediately. The companies say they have to first train them for six months to one year." "corporate say training is a waste of their time as, many a time, after a student gets training from one company, he/ she leaves the minute another company comes up with a better offer," the official added.
After completing HSC, a student can get admission in this college. The course duration is two years. During this period, the student will get 70% practical and 30% theoretical knowledge.
Dr. Rajpal Hande, director, board of college and university of department, said, "This course will focus more on the practical knowledge. The admission process is like that of any other course. Corporate have shown a keen interest in the plan. Initially, the course will be for engineering students. We will later move on to other courses, like commerce, science and arts."

Mumbai, India

... Dr Biju Paul Abraham, Chairman, Post Graduate Programme for Executives at IIM-Calcutta said: "We at business schools are failing in terms of teaching the basics. We teach them in ways that we want to teach, and not the way they want to learn; so there is a problem of teaching basics at B-schools." He said the business schools need to concentrate on teaching the basics and also need to ensure that it is taught well.  

Indian Express Mumbai, India