Training to Placement – Involvement of Industry

In a bid to make the MBA course a perfect blend of practical knowledge and theoretical lessons, B-schools are increasingly roping in industry insiders to train potential employees.

When it comes to the coveted MBA degree, there is hardly any space for the immaterial and who better to groom students on current trends and the most pertinent industry practices than their future employers? With most B-Schools bringing in visiting faculty from the Industry to help students gain, a perspective of the corporate scenario, institutions seem to have struck the perfect balance between theoretical knowledge and practical learning. The aim is to add practical knowledge to the entire learning process. This is an opportunity to expose the talent available at the institute, build the brand of the organization ad create learning options of the students as well. It is important to have a god sight of industry insiders to share views on future challenges and contemporary practices.

When questioned about their views on this trend, the consensus reached by students was a thumbs-up for this practice. Irrespective of the innumerable questions we fire, the industry experts seem ready with a case in hand to help correlate information with their individual practical of corporate bigwigs sharing from their experiences is a welcome contribution to the young set of go getters. However, like every other endeavor, industry stands to gain from such a bargain. It’s an opportunity for industry insiders to sample the competency of the talent available on Campus first hand.

The industry gains because those involved are in a position to share their expertise with the new generation of budding managers. Similarly, students are aware of the realities of the business. It’s a perfect blend of industry and academia.

While it may sound like a win-win situation on paper, practically how willing are organizations to send in their professionals? We have professionals from the mid management to the top management levels, who come in to teach. Nearly 250 industry experts as visiting faculty with different sets come together on campus. Clearly, this indicates a rather enthusiastic response from both sides. A corporate manager says teaching is the best part of his week. The amount of perspective that the students bring in from several industries is incredible. In any class you’re getting an insight on 60 different industries, and that’s certainly a great opportunity.

Another asset is the obvious advantage during placements. Having dealt with the students first hand and after training them in a manner they would see fit for their future employees it’s a lot easier for corporate organizations to make the right decision during placements. You get a first and feel of the talent available. Specific students are identified and offered placements by the visiting faculty. Apart from the final employment opportunities, student area also offered summer placements based on their exposure and talents. Also, the visiting faculties get to represent their organization or brand within the B-schools which plays an important role in attracting talent during placements. Thus, right from the training to the placements, organizations are keen to be involved in every step of the education in every step of the education process of their future managers. Whether this continual guidance does anything to wipe out dearth of well-trained professionals in the corporate sector remains to be seen.