Survival of MBA colleges in the satellite city is at stake as around 80% seats under centralised admission process (CAP) are lying vacant after third round of counselling.
The third round of counselling concluded on August 1 and some colleges failed to fill even 10% of its total seats through CAP. Around 760 seats in 11 business management colleges are lying vacant after third round of counselling.
Now, AIMS Test for Management Admissions (ATMA) will be conducting special exam for admissions in colleges of Maharashtra on August 6 and the result will be declared on August 14. The score of ATMA will be valid across the country for admissions in management colleges. ATMA had last conducted the entrance exam on July 20. Meanwhile, the cut-off date for final admissions in MBA colleges is August 14 after which colleges will be not allowed to admit students.
With city management colleges struggling to fill vacant seats, they are now ready to compromise with the quality of students. "All the management colleges have to pay the fee to for their number of batches they are running even if there is not a single student in the batch," said a college faculty, requesting anonymity, adding that colleges are using all possible means to attract students.
As per the directorate of technical education (DTE), Maharashtra, all the management colleges in city failed to fill all the seats reserved under CAP. As per DTE, private unaided management colleges have to reserve 80% seats, which are filled through Maharashtra CET, and remaining 20% the college can offer as per their choice. Across Navi Mumbai, the total number of seats available under DTE is around 1,500.
Over the years, demand for the management programmes has fallen and in the last couple of years it has been observed that over 50% seats were vacant across the state. Many management colleges, which mushroomed about 10 years back when there was boom in the economy, are on a verge of shutting down.
Navi Mumbai has 12 management colleges, which come under DTE, that offer around 1,500 seats. However, in the last couple of years, most of them have failed to fill up seats. Even a Kharghar-based management college of Saraswati Education Society closed its programme last year.
A management college faculty says, "There was a time when students had to compromise with lower grade colleges. But the scenario has changed and now colleges are ready to compromise with quality of students."
He warns that this practice will deteriorate the situation further when the college will find difficulty to place such students.
College Name Vacant seats
Bharati Vidyapeeth Management College, Kharghar 59
Mahatma Gandhi Mission's Institute of Management, Kamothe 62 (MMS) 48 (PGDBM)
MES's Pillai's Institute of Management Studies, New Panvel 35 (MMS) 33 (PGDBM)
NCRD's Sterling Institute of Management Studies, Nerul 60
Dr GD Pol Foundation YMT College of Management 106
Oriental Education Society Oriental Institute of Management 49
Gahlot Institute of Management Studies and Research 92
Annasaheb Chudaman Patil College of Engineering, Kharghar 17
Vishweshwar Education Society's Indira Institute of Business Management 74
Changu Kana Thakur Institute of Management Studies & Research, New Panvel 39
JNIESTR's Rajeev Gandhi College of Management Studies 87
Total provisional vacant seats as per DTE website 761
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