Management Education in India, Opportunities and Challenges

1574 Words Sep 12th, 2010 7 Pages
A REPORT ON MANAGEMENT EDUCATION AND INCLUSIVE GROWTH IN INDIA PERSPECTIVES AND CHALLENGE

OPPORTUNITIES AND CHALLENGES IN MANAGEMENT EDUCATION

SUB THEME- INCLUSIVE GROWTH

Management Education in India is at the cross road, On the one hand is the Govt of India, the statutory body while on the other is the All India Council for technical Education. The Govt has permitted the AICTE for the establishment of several business schools which have to be monitored and ranked as per their standards by the AICTE. Management education in India is a new concept as because the preferred careers in the 1940s and the 50s were medicine and engineering and in the 1960s and 70s the IAS and the Central services, the craze since the 1980s has
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On the other side there are some problems which may arise would be it may increase the present demand of quality faculties which are already short in number. The foreign players may fix a high remuneration to attract the Brand B school faculties which may liquidate the quality of the faculties in the premier B Schools of India.

So the factors which need to be addressed for the inclusive growth in management education are discussed below:-

INNOVATIONS IN THE PEDAGOGY

Apart from the traditional method of theoretical classroom teaching followed across most institutions. Some have innovated with Guest faculty who give a firsthand experience of the happenings in the corporate world, so that the students can remain updated of the recent developments. Thanks to rapid progress of technology that classrooms are getting equipped with videoconferencing, video data LCD projectors, audio playback facilities with high speed internet connectivity; Centre for Global Networking; E-centre and Entrepreneurship Guidance Cell; Hi-tech Management development centre; Case Study discussion hall, State-of-the-art CD ROM based digital library, and the likes. Many business schools have strong relationships with practicing managers and leading businesses and are constantly monitoring the business environment and making projections to refine and revise curricula

SOME AMENDMENT OF THE LAWS NEEDED

Indian