“On the same page but in different books? exploring pedagogical beliefs of various stake-holders”

If the slowing down MBA enrolment numbers in India and declining campus placements are anything to go by then we have an alarming situation on our hands. The key stakeholders comprising of the teacher, student and the corporate, should logically want the same outcome, which is students with high employability. This implies everyone areon the same page, however, the falling salary packages and rising number of jobless qualified youth, makes one wonder if this page is froma different book for each? What do these B-schools do that is resulting in the churning out of unemployable graduates year after year and what does each stakeholder perceive to be the need of the hour? Through this study we try to answer this question by bringing in more clarity on the perception of the stake-holders in such B-schools, regarding the pedagogical mix to be employed. Drawing on the body of literature and peer group discussions this study identified 15 pedagogical methods employed in higher education. Thus to explore preferred pedagogy an exploratory research was designed and owing to the categorical nature of the data collected Correspondence Analysis was applied. Data analysis confirmed the existence of a huge perceptual gap amongst the stake-holders about theappropriate pedagogical mix to be used in management education. Two dimensions, student engagement and application based learning emerged as the two most important dimensions of pedagogy in this study. The results and findings can be extended further to understand causes for this perceptual gap and identify measures to bridge the same to ensure that these B-schools yieldjob ready students resulting in MBA regaining its lost glory.