Andhra Pradesh has the second highest number of unrecognised business schools in the country. Out of 348 unapproved B-schools identified by the All India Council for Technical Education, the state has 52.

Most of these institutions are offering postgraduate diploma in management (PGDM) courses without obtaining the necessary approval from either AICTE or the state government.

Of these 348 unapproved institutions, Delhi and Maharashtra top the list with 75 each, followed by Andhra Pradesh with 52.

The state government had even appointed a committee six months ago to check unrecognised B-schools in the state. Though the committee submitted its report long ago, the government failed to initiate any steps to curb unrecognised B-schools in the state.

The committee comprising Prof V. Venkata Ramana, the dean of School of Management Studies, University of Hyderabad, and Prof Kodanda Reddy of Sri Venkateshwara University suggested action against these institutes under the Indian Penal Code, but the report is gathering dust since August.

Many students had joined the B-schools thinking that with an MBA degree they will get lucrative jobs in the corporate world. They had spent between `10 lakh to `15 lakh as course fees.

However, the students got a rude shock when they realised that their degrees are from universities that are “blacklisted” in the corporate world. It has been found that many business schools that promised to offer “quality education” actually employ faculty with no industry experience.