"Much education today is
monumentally ineffective. All too often we are giving young people cut flowers
when we should be teaching them to grow their own plants." -- John Gardner
There is a decreased interest towards
management education in India. The
Indian management education market has become highly commercial with problem of
plenty where educational institutions have become more and students have become
less. Is it due to dearth of career opportunities after doing MBA or lack of
charm towards management education (MBA) or both?
Previously there was a good boom for
MCA course and currently there is less number of students pursuing this course
due to dearth of employment opportunities.
Some of the educational institutions providing MCA courses have closed
down due to less admissions and the same thing is happening for MBA courses in
India. There is something wrong somewhere, and it is time to analyze and
address it earnestly.
When we look at management education,
there are more engineering colleges offering MBA courses within the same campus
along with engineering courses. It has become a problem of plenty. And some of the so called business schools
offer freebies to attract the students without complying with AICTE guidelines.
Some students join MBA course as a pastime or to suffix this degree along with
their names. Hence, there is no seriousness among them. It is observed that the faculty who don’t have
any teaching experience join these so called business schools as a stopgap
arrangement to teach these courses resulting in poor pedagogy. Here are some
suggestions to address the present challenges to gain credibility to this
coveted qualification:
- MBA courses and management education should have unique identity and should be separated from engineering colleges.
- It is observed that there is a step motherly treatment for MBA courses in engineering colleges. It should be addressed immediately.
- Derecognize the educational institutions that cannot create intake of students for two consecutive years.
- Universities must have control over erring institutions and check them regularly.
- There should be a grievance cell like Ombudsman where students and faculty can complain to report the irregularities.
- Encourage the best material to join. Don’t let Tom, Dick and Harry enter into MBA as it loses value.
- Address fee reimbursement scheme in the state of Andhra Pradesh earnestly to avoid its misuse.
- Both business leaders and management educators feel that there is a mismatch between the industry expectations and supply of talent from academic institutions. Hence bridge the gap.
- Update course curriculum constantly to meet the rising expectations and aspirations of the industry.
If all stakeholders including institution
builders, academic leaders, educators, recruiters and students work collectively
there will be improvement in the intake of students for the management education
thus producing quality managers and leaders in compatible with the corporate
world.
"The great end of education is to
discipline rather than to furnish the mind; to train it to the use of its own
powers rather than to fill it with the accumulation of others." -- Tyron
Edwards
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Management is an important function for any organization. MBA is considered to be one of the most preferred post graduation course among the world today. Thanks for sharing a valuable information.
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Thanking You for posting this informamation that give right direction to take admission on MBA.
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I am searching for my assignment and found your blog post ( Woes of Management Education (MBA) in India” - Professor M.S.Rao ) on google search your post is informative an give me lots knowledge for my current assignment thanks for sharing such a wonderful information keep updating share the knowledge whole world including me.
ReplyDeleteInvestment in a Business Management program is much more beneficial compared to investment in other academic programs. Perhaps, more so in the current situation of recession. Thanks for sharing a nice information.
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Thanks for putting a light on "That how Management Courses have lost their value as compared to past years". I think it should be better to provide quality education rather to have maximum students in MBA College.
ReplyDeleteDelightful post and the some of the points mentioned is truly happening as either students take MBA as a pastime or whatever. The essence of it in the corporate world is most valuable if someone decides consciously and serious about the proper path. Thanks for the information.
ReplyDeleteI have talked to many students and most of them shy away from doing a full-time MBA or a one-year MBA in India due to the lack of job opportunities available when they graduate.
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