IBPS English Comprehension Test 1
Read the following passage carefully and answer the questions given below it.
After two decades of growing student enrollments and economic prosperity ,business schools in India
have started to face harder times. Only IIMs, ISB or other ivy class schools have shown a substantial
increase in enrollment in recent years. Other institutes have been seen decrease in their enrollment. Since 1999, the number of people receiving Masters in Business Administration (MBA) degree has dropped; about 5% and the trend of lower enrollment rates is expected to continue.
There are two factors causing this decrease in students seeking an MBA degree. The first one is that many graduates are finding that an MBA degree does not guarantee a plush job in corporate sector in India or
other public sector jobs. Many of the entry level management jobs are going to students graduating with Master of Arts degree in humanities or specialized people of field like Chartered Accountants or lawyers.
Even people with MBA degree are applying to entry level jobs. Students have asked the question ,"Is an MBA degree really what I need to be best prepared for getting a good job?" The second major factor has
been the cutting of hefty payrolls and the lower number of entry level jobs being offered. Business needs
are changing and MBA schools are struggling to meet the new demands.