IIM students are bad managers of economic crisis: Experts

Bangalore: Industry experts feel that the lack of practical training prevents students from the premier B-schools in the country to handle the turbulent market situations. "Indian Institutes of Management (IIMs) 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.

According to Bhadauria, dynamism should be the primary input today in all models of education that we propose to teach. So, our curriculum must make people dynamic, reports PTI. His views on students lacking practical training and real management issues in the industry were shared by the other panelists at a conclave organized at IIM-Ahmedabad. Dr. Biju Paul Abraham, Chairman, Post Graduate Programme for Executives at IIM-Calcutta said, "We at B-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 B-schools need to concentrate on teaching the basics and also need to ensure that it is taught well. However, former IIM Professor T.V. Rao, also the Chairman of the Ahmedabad-based T.V. Rao Learning System said, "I think the gap should always be there, otherwise B-schools shall become industry and industry shall become B-schools."