Most B-schools score low in economics test

Barring the top 30, faculty in most business schools in the country lack fundamental economic awareness, says a study conducted by the Associated Chambers of Commerce and Industry of India (ASSOCHAM). The ASSOCHAM Business Barometer (ABB) survey on faculty awareness covered 258 faculty members in various MBA institutes across the country—except the top 30—and discovered that 89 per cent of the teachers didn't know the GDP growth rate in financial year 2006-07.