B-schools can't teach you common sense

Salil Kapoor Head, Marketing, LG Electronics says:
      A B-school education helps you grasp concepts and in analysing situations. But it does not prepare future managers for the practical part of business.
      I believe that in other countries, especially in the West, management students enjoy longer and more effective interaction with industry. But essentially in India most students come in with no work experience and therefore, there is no sharing of experience with their peer groups.
   I had already worked for four years when I joined the part-time MBA programme at Delhi University's Faculty of Management Studies. That held me in good stead.
   I am convinced that freshers cannot relate fully to what they are taught -- they can't visualise the situations that are being explained in class.
   And it doesn't help that the people teaching them have no practical experience of corporate life, either. Most of the teaching fraternity has little experience of real business.
   And research projects are very different from actual work with industry. I earnestly believe that all lecturers at management institutions should be practising managers.
   Read B-schools can't teach you common sense