MANAGEMENT EDUCATION IN INDIA

TRENDS & CHALLENGES

K.Pavan Kumar
Gowrabhathini Jitendra
 Contents
Introduction
Objectives
Management Education in India A chronology
Growth in Business Schools
Latest trends
Challenges
Overcoming Challenges
Conclusion
 Introduction
Education now a days turned as business rather
than an enlightening experience.
Before a decade, a management graduate who
possesses good skill set can obtain a good position
in reputed organization.
But now in India, the number of colleges offering
management programs have increased
dramatically whereby the deteriorating the image
and quality of Management Education.
 Objectives
To understand the trends in Management Education in
India
To identify the challenges faced by Management
Institutes in India.
To suggest suitable recommendations
Management Education in India Management education in india is almost 60 years old.
Time line Padit Jawaharlal Nehuru is credited with creating centers of
excellence in higher education . IITs and IIMs were born

1949 Xavier Labour relations Institute (XLRI)

1954 The first PG in Management was launched by Andhra University
A chronology

1959 Nine Universities started MBA programs

1962 The GOI established IIM at Calcutta and Ahmadabad
1969-79 Forty-four programs were launched
1973 IIM Bangalore
1984 IIM Lucknow
MBA programs in India boomed in the 1990s because of economic
1990 liberalization in 1991.
B-schools have expanded scope of specialization in finance, and
1990s marketing areas during in the last decade

According to the official AICTE data, there are more than 3900
2013 Management Programs running in India today! In 2013, the
number of MBA institutions was 3561 and PGDM institutes
counted for 283.
 Growth in Business Schools

Source: EPSI-MBAUniverse.com
 Latest trends
Globalization
Curricula and Programs
Technology Driving Demand
Networks of Education Providers
Education Deliverers and Pedagogy
Credit Awards
 Challenges
The Curriculum of business schools is not updated
frequently to cope up with industry demands
Lack of practical orientation for students studying in
Business Schools
Teaching is confined with explanation of concepts
and discussing case studies.
Unfortunately, the best talent is going to industry
where salaries are lucrative.
 Overcoming Challenges

Faculty development workshops should be organized

on a periodical basis
Salaries for the faculty should be given according to
the pay scales prescribed by the government.
The project work should be contextual, relevant and
should focus on the current scenarios.
Provide training in languages besides English
 Conclusion

Business schools need to become more adept at

either developing curriculum changes at a faster
pace, or teaching students in such a way that they
may be prepared to enter an industry that functions
differently in some ways than what was taught in
the classroom.