Management education in India is booming. There are over 1,250 approved business schools, 1,25,000 full-time and 1,00,000 distance MBA students and 1,30,000 MBA aspirants taking the Common Admission Test every year.
The end-users, the recruiters seem to be facing a constant supply crunch, and are always on the lookout for the talent graduating from the top B-schools. Thus the MBA is a valuable commodity that insures a quick return on investment.
As far as higher education...