Addressing the disconnect between MBA education and real-world demands to minimise high attrition rate
Hindustan TimesAn MBA degree has long been viewed as the golden ticket to land the job you want, with MBA programs focusing on equipping students with essential business knowledge and skills. This article will explore why the gap exists and what can be done to solve it and minimise attrition rates among MBA graduates. Given that companies often look for candidates who can adapt and thrive in the workplace with minimal on-the-job training, the misalignment of the curriculum and the real-world requirements results in MBA graduates falling short. Innovative retention strategies Deloitte’s Campus Workforce Trends 2024 report showed companies need to recalibrate their approach for better retention, especially given the high MBA graduate attrition rates. Despite higher attrition rates, 70% of organisations actively seek MBA graduates, reflecting their importance in business success.
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MBA Attrition Rates Signal Need For Innovative Retention Methods: Deloitte India
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