Positively there are many institutes which are offering MBA degrees or Post Graduate Diploma in Management (PGDM). AICTE regulating body for technical education recognized many institutes in the background of HRD ministry that India needs professional mangers.
No doubt, Management education is business proposition for many promoters but this is what management education teaches to be Entrepreneur. Only issue is quality which will vary from one institute to the other. This is where regulator plays a vital role.
Graduates in India need another professional degree to be employable. MBA education fills this void in extraordinary manner. Pessimist sounds the unemployable factors of MBA pass outs whereas optimists herald best students who not only gained employment in India but in Global markets also.
MBA aspirants are not ignorant of the quality education that is the reason most of them aspire to be in IIMs or in top 50 B schools.
MBA education is taking shape and future is bright and topnotchers are brimming with confidence to achieve goal of producing high quality professional managers.