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Several company officials and HR heads ET spoke to say a classical MBA degree is losing out to the current market trend of hiring talent with specialised skills and those who come at a lesser cost. Ironically, this fall in demand for MBA degree holders comes at a time when their supply is increasing. A record 330,000 candidates from across India registered for the Common Admission Test (CAT) in 2023, a 30% increase from the previous year - a reflection of the aspirational value of the degree. ....
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Mr. Olawale Fasanya, Director General (DG) of Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), said the Agency would continue to support entrepreneurs to create jobs and alleviate poverty in Nigeria. ....