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As businesses evolve through digitization and artificial intelligence (AI), the role of India’s business schools (B-schools) has never been more critical. The digital shift impacts every industry, from finance to retail, creating a growing demand for technical and cross-functional skills over traditional qualifications like MBAs. Today, companies are not solely focused on educational backgrounds but are hiring individuals who meet specific job descriptions with relevant, real-world skills.

Addressing this skills gap, many B-schools are revamping their programs, emphasizing experiential learning, digital proficiency, and critical problem-solving skills. In an article published by BusinessToday, our Vice President and Business Head, Dhriti Prasanna Mahanta, highlighted that the skills gap between academic training and industry expectations is especially prominent during campus placements at top institutions, such as IITs. The percentage of unplaced students indicates a mismatch between the theoretical training offered and the application-oriented skills needed by industries.

To address this gap, B-schools are increasingly integrating AI and data analytics into their curricula, offering students practical experience through internships and industry-led projects. This shift is crucial in equipping graduates for success in dynamic, AI-driven job environments.

Additionally, forward-thinking institutions are partnering with industry leaders to ensure that graduates are job-ready from day one. Work-Integrated Learning Programs (WILPs), which combine hands-on training with academic learning, are gaining popularity. These initiatives enable students to learn directly from industry professionals, offering a unique blend of theoretical knowledge and practical skills.

As businesses embrace technology to drive efficiency, agility, and innovation, B-schools' role in preparing a tech-savvy, adaptable workforce has become indispensable. With continued efforts to bridge the academic-industry gap, India’s B-schools are setting graduates up for success in a rapidly changing world.

For detailed insights, please read the full article in BusinessToday