Attrition Rate among Fresh MBA Graduates - An Opinion
As I pen down this story, I believe that my audience might vary widely from an industry expert to a novice, from an HR to an SME, from an existing B-School student to an aspirant who has taken CAT yesterday. “An open survey by one of the leading B-School research websites points that the percentage of people in some of the top B-schools switching jobs in the first 18 months stands at around 25%.” A simple look around in my vicinity delineate that the number would be in the ballpark of 55-60%. It is also evident that the number of graduates switching domains stands at about 40% and this could be a modest number. Another report by CNBC states that, based on experiences, 77% of businesses expect a recent graduate hire to stay less than a year. I always say, engineering might be an accident but if you are cheesed off after an MBA, it is a sheer mistake. While the world is acknowledging Indian talent, it is hard to believe in the inadequacy of the Indian professional education ...