The recent Flipkart versus IIM-Ahmedabad spat over postponement of the joining date of recruits from the premium institute by six months is an eye-opener for those who take the IIM tag to be a sure-shot ticket to employment and fat pay packages. Perhaps it’s time for some of the premier MBA institutes to run the disclaimer: Past performance is not necessarily indicative of future results.
The perception that the fate of an MBA candidate is sealed the moment they join the perceived non premier institutes is very different from reality. There are several other B-schools that are well-equipped and quality oriented, churning out students who are making a mark for themselves in the corporate world.
The name game
Two decades ago, Mumbai-based Sunil Rathi enrolled for an MBA at ITM, Mumbai. Today he is director, sales and marketing, Waaree Energies, a solar panel and solar modules manufacturer.