Simply a degree or a certificate doesn’t fetch a job. To become sought after in the job market, the degree should either be from a reputed institution or there should be a specialty attached to the it. Due to these factors, the self- finance courses offered by the Mumbai University are in high demand. This is despite the fact that these courses don’t get any aid from the university and the respective colleges have to provide the infrastructure with the fees collected from the students. In other words, the fees of these courses like Bachelor of Mass Media (BMM), Bachelor of Accounting and Finance (BAF) are high, yet the demand is higher. Something that is in high demand means that the competition to get it will be stiffer. That is what is being observed in the admission to these courses.
As per the data released by the Mumbai University, there were around 85,000 applicants for only 10,000 seats available last year. This means nine applicants competing for a single seat. In BMM course, the situation was no better with 1,36,000 students applying for merely 18,000 seats last year. On the other hand, the traditional courses like B Com and B.A are attracting less number of students, resulting in the less competition for these courses. This is despite the subsidy available from the University for the Students.
The situation above only indicates that inclination of the students towards the courses that facilitate employment. After all, the basic objective of education is to settle in life with a profitable job.