89% MBA seats vacant in UP B-schools

In yet another indication of the deteriorating standards of education in the state, nearly 89% of the total MBA (Master of Business Administration) seats in the state are left vacant. Be it the supply outstripping demand, lack of basic infrastructure or few placements, students who participated in the state entrance examination (SEE) counselling have in no way opted for the B-schools in the state.
Sample this: Out of 28,000 seats offered by 421 colleges, around 3,300 have been filled. And as far as Lucknow is concerned, the figures are shocking. The state capital has nearly 55 management colleges, 29 failed to get a single admission from SEE counselling. Single admission has taken place in another 13 colleges while in two colleges, two students each have taken admission. The figures show that there are nearly 45 colleges where the total admissions have not exceeded the five digit mark. Last year, only 4,373 students were enrolled in MBA as against 32,228 seats.

Only six colleges have shown some satisfactory results. Of these six, three are government institutes, while three are private colleges. In Institute of Engineering and Technology (IET), a government college, all 60 seats for MBA have been filled up. Similarly, in Institute of Co-operative, Corporate Management, Research and Training, and Indira Gandhi Sahkari Prabandh Sansthan, only 10 and four seats are left vacant respectively. Besides, three private colleges where the situation is better includes BBD National Institute of Technology and Management (nine out of 102 seats vacant), BBD Northern India Institute of Technology and Management (50 out of 102 seats vacant) and Ramaswaroop College of Engineering and Management (46 out of 151 seats vacant).
The dipping figures are however, not new to the education officials. SEE 2012 coordinator, Prof VK Singh said, "Not more than 15% MBA students get placement after they finish the course. This is due to the lack of industries in the state. Also, the mushrooming of colleges with inadequate facilities is keeping students away."
In the past five years, the management colleges have increased by more than four times. While there is no check on quantity, the quality of education suffers badly. Seeing the drop in number of students in B-schools across the country, the All India Council of Technical Education(AICTE) has also imposed a blanket ban on opening of new management colleges. Now, the colleges are only relying on management quota to fill some more seats.