MANAGEMENT EDUCATION IN INDIA

Submitted by:Name Bhavesh Dave Ajay Kalathiya Rajesh Malaviya Dilip Maniya Ankit Nakarani Roll No. 22 39 48 50 53

Submitted to:- Dr. Smruti Bulsari

TABLE OF CONTENT
INTRODUCTION TYPES OF B-SCHOOLS

ORIGIN AND HISTORY

CONCEPT SCOPE

TRENDS
TEACHING TECHNIQUES IMPLICATIONS

THE PRESENT SCENARIO

IMPORTANCE AS A CAREER CHARACTERISTICS GROWH

EMERGING ISSUES
PLACEMENT FUTURE DIRECTIONS CONCLUSION REFERANCES

INTRODUCTION
Not only the intellectual growth of individuals but also build strong moral manner of doing things has to be right both ethically and commercially LPG policy change in the character and structure of management

education
technology driven one lakh management graduates per year

ORIGIN AND HISTORY

draw some inferences from Indian epics, shastras and

practices
Initiatives vision of the PM, Pandit Jawaharlal Nehru- the demand

for other professionals grew

young generation attracted to management education covers much more functional area IIM- Calcutta (1961), Ahmadabad (1962), Bangalore (1973), Lucknow (1984) full time/part time All India Council for Technical Education (AICTE)

CONCEPT OF MANAGEMENT EDUCATION- AN OVER VIEW

training has acquired new dimensions exciting field -an immediate impact New tools and techniques - to improve the efficiency, productivity and profitability Main aims: Increase the understanding Provide tools and techniques that influence organizational life

A modern day Business Manager is required to have proficiency in: Functional knowledge

In-depth knowledge of minimum one discipline

ability to adapt to new environments Problem analyzing and solving Inter-personal skills Communication skills

Entrepreneurial Skills
Management skills Self-confidence and motivational skills

SCOPE
Management variety of names
MBA
MMS MFC

education includes
undergraduate, post graduate

PhD

MPA
PGDIM PGDHRM

The courses may be

full-time

part time
executive distance learning or specialized

PGDFM
PGDOM PGDMM

THE PRESENT SCENARIO

3 categories of B-School
Institute type (IIM) the University type (mgt dept. in various uni.) the Training type (individuals and small firms)

B-Schools follows examination system

Yearly semester

trimester

ready availability of instructor accessories

IMPORTANCE OF MANAGEMENT AS A CAREER OPTION

human endeavour and the use of resources effective utilization of resources timely accomplishment of goals

fairly wide-spread in the society

more real enhances the opportunities of employment in high-paying jobs

CHARACTERISTICS
Focus on industry instead of on the country Supply driven rather than demand driven Utility of Management Education

GROWTH
mushrooming growth
Period No. of B-Schools added 118 Average annual addition 4

1950-1980
(30 years) 1980-1995 (15 years)

304

20

1995-2000
(5 years)

322

64

more than 2000 business schools in the country now

differences in quality arise primarily from different ownership

TYPES OF B-SCHOOLS
IIM by Govt. Of India Uni. Dept. from mgt. studies Colleges (government or private) affiliated to universities Private or government institutes approved by AICTE Private colleges or institutes not affiliated to any

universities nor approved by AICTE

Private colleges or institutes collaboration with foreign universities

TRENDS
Competitive world Few top B-schools Quality Admission and infrastructure, startup cost Knowledge creation is becoming more students based Closer interaction

Focus on research

TEACHING TECHNIQUES
Good lecturer, get students actively
Encourage students to debate
Lead them to ask questions Mind-think exercises

Use of technology Co-operative learning (management games and projects) Focus on

Being students centered Workshop Case study Research

IMPLICATIONS
Various bodies and councils University Grants Commission (UGC)
Coordination Determination and maintenance of standards Release of grants

Councils
All India Council For Technical Education (AICTE)
Distance Education Council (DEC) Indian Council For Agriculture Research (ICAR) &c

EMERGING ISSUESREQUIRING QUALITY IMPROVEMENTS

three tier Management Institutes
IIMs
located in cities like Mumbai, Bangalore located in small towns

Bangalore- 300 MBA Dukans false Advertisements C-MAT, G-CET shops for degrees Institutes Faculty Governmental Body Research

PLACEMENT
IIM Graduates Industry fault (never tell their requirements ) Institute fault (curriculum is unrelated to need)

Waste of time and money of industry

Quality Mantra
Not about certificate

It about good job in fast growing economy

FUTURE DIRECTIONS
must be answered before formulates its future direction..
Is it contributing to country's global competitiveness? Contributing to its GNP? Is it necessary to achieve above objective? Is Mgt knowledge or wisdom? What is a right mix of tailor making courses? How to create partnership between college and client?

CONCLUSION
emerging as a career option based on professional knowledge rather than trial and error learning. holistic, targeted and customized with aim need to make it as per the demand "We ourselves feel that what we are doing is just a drop in an ocean. But the ocean would be less because of that missing drop!"
Mother Teresa, a lady who believed in the power of one individual's contribution

REFERANCES
www.visualsoftindia.com/journal.html.0 VSRD International Journal of Business & Management Research Vol. 1 (3), 2011 Rationalizing Management Education in India: The Need of a New Approach by V. K. Nangia, Vinay Sharma, Ritika Mahajan (National Conference on Emerging Challenges for Sustainable Business 2012) Management Education in India - Need for Quality Standards By Dr Manu N Kulkarni

Management Education in India A case study by Natashaa Kaul, ASIAN JOURNAL OF

MANAGEMENT RESEARCH Volume 2 Issue 1, 2011 Management Education in India:Trends, Issues and Implications by Sanjeev kumar and M.K.Dash Research Journal of Internatonal Studes Issue 18 (January, 2011) http://ssrn.com/abstract=2180676 MANAGEMENT EDUCATION IN INDIA: YESTERDAY, TODAY AND TOMORROW by Prof. V. Ranganathan, September, 1993 INDIAN INSTITUTE OF MANAGEMENT BANGALORE Journal of Management & Public Policy Vol. 3, No. 1, July-December 2011