Role of Alumni in B-School: An Empirical Analysis

Management education creates business leaders for tomorrow. It is always important for B-schools to remain in sync with the industry in order to nurture their students and groom them into promising managers. B-schools continuously evolve in terms of changing dynamics of the industry. Alumni network plays a key role in this growth story. Alumni network has to be not only robust, but also completely in sync with the B-school in order to generate right kind of growth for the B-school. The study was conducted to understand the experience of alumni with their alma mater, their expectation and what role they could play in the development of the Institute. It was observed that there was significant relation between the value of B-school network and efforts of B-school in terms of providing ongoing support and resources after graduation to their alumni. It was also observed that there was significant relationship between value of B-school network and their recommendation by alumni to the prospective students for their B-school.