Management Education: A Journey from Ancient time to 21st Century

The main objective of the present article is to know the historical development of management education in India from Ancient times to today and to through a light on management education in the state of Andhra Pradesh to investigate its major issues & concerns regarding number of seats and their fill up status. India is witnessing an ocean of change in the way Management Education is discharging. Because of globalization, privatization & liberalization lot of changes are perceived in the functioning of businesses. Naturally businesses across the world are required to have the employees with multi-skills, talents and abilities rather than simply subject knowledge. Now a days' learning has become more students centric. In this regard this article addresses the issue related to the different management educational scenarios, strengths and weaknesses of each.

The main objective of the present paper is to investigate the major issues & concerns of management education in the state of Andhra Pradesh, India. Naturally businesses across the globe are required to have the manpower with multi-skills, knowledge, abilities and proper attitude rather than simply educational certificates with good percentage of marks. Western countries' management institutions are molding their self & making the changes in their educational policies, curriculum, teaching pedagogy and way of conduction of examinations as per the demand of industries. Now a day's because of technological development learning has become more students centric. Branding has made inroads into management education. Top B-Schools in the world are continuously changing the contents & delivery modes. It is equally crucial to Indian B-Schools to make management education context specific to meet the global competencies. On the other hand in the divided state of Andhra Pradesh there is a lot of opportunity to young talented students to grab the opportunities by pursuing management education.

The main objective of the present paper is to know the historical development of management education in India & to investigate its major issues & concerns. Owing to the globalization, privatization & liberalization lot of changes are noticed in the functioning of industries. Naturally industries across the world are required to have the manpower with multi-skills rather than simply knowledge oriented. Western B-Schools are molding their self & making the changes in their curricula as per the demand of industries. Now a days learning has become more students centric. Branding has made inroads into management education. Top B-Schools are continuously changing the contents & delivery modes. It is equally imperative to Indian B-Schools to make management education context specific. On this back ground it is equally important to address the various issues & concerns of Indian management education experiencing with time.

International Journal of Current Trends in Engineering & Technology, 2017

The main objectives of the present article is to know the status of MBA course offering educational institutions in Guntur and Krishna districts of Andhra Pradesh and to understand the teachers mobility patterns in the selected institutions. This article majorly focuses on selected colleges’ profile analysis and mobility patterns of teaching faculty. After bifurcation of united state of Andhra Pradesh as Telangana and Andhra Pradesh; tremendous changes have been happening socially, politically, educationally, and in business point of view. But the present Management course offering institutes in AP are not able to cope-up with those changes and make students market ready. In this scenario establishing quality higher education in general and quality management education in particular is need of the hour. In this context the present survey aimed to suggest college managements and concern authorities for the sustainable development of management education.

International Journal of Education and Learning, 2013

The main objective of the present paper is to know the present scenario and historical development of management education in India & to investigate its major issues & concerns. Today we need good and active managers for the development of country. Managers should know all the facts, logic and strategies. For this they should get education from good institutions. Today in India we have large no of management institutions but they are not giving education up to the mark. And also they demand high fee from students. Instead if we have average no of institutions providing good quality of managers then it would be beneficial for all students, companies and country also. Government should make some policies in this regard. Owing to the globalization, privatization & liberalization lot of changes are noticed in the functioning of industries. Naturally industries across the world are required to have the manpower with multi-skills rather than simply knowledge oriented. Western B-Schools are molding their self & making the changes in their curricula as per the demand of industries. Now a day's learning has become more students centric. Branding has made inroads into management education. Top B-Schools are continuously changing the contents & delivery modes. It is equally imperative to Indian B-Schools to make management education context specific. On this back ground it is equally important to address the various issues & concerns of Indian management education experiencing with time. Expectations from corporate executives decision makers and problem solvers have increased tremendously. Professional Education now needs to move beyond conventions in order to catch up with a rapidly changing context.

The economic scenario of India faced a radical change during the post liberalization period with a wind of change coming from the west which changed the entire system and India became the hub of world MNC " s and there was a sudden heat of competition among the firms operating in India. To manage this intense competition faced by different segments of India " s economy, the services of trained and qualified managers were seen in organizations as sine-qua-non. In the given setting, management education became important and gained wide popularity in a very short span of time. However, in the resulting milieu the mushrooming of B-schools in India has led ultimately to a new situation of intense competition among the B-schools themselves. This has created interest in doing research on this area of management education in India. This descriptive paper aims to study the gradual development of management education in India and to identify the issues and challenges that are at present being faced by the Indian management education and to suggest some way forwards to tackle the same.

Dr. Prasad B Roodagi, Director, KLES IMSR, BVB Campus, Vidyanagar, Hubli , W.B, India, 2020

The present research paper describes the state of management education as it exists in India and briefly outlines its history. Management studies are a relatively new trend in India and due to the opening of the economy the demand for management graduates has increased manifold. This has made an MBA/PGDM a most sought after degree and resulted in the mushrooming of management institutes in every nook and cranny of the country. Needless to say, not all of them are good and their quality leaves much to be desired. The state of affairs in management education is a mixed bag. There are IIMs which are on the forefront of management education not only in India but comparable with the best in the world. On the other hand there exist a great number of B-schools in both metros and small towns which suffer from shortage of faculty, lack of good library, computers and general infrastructure, not to mention little or no interaction with industry. To add to their woes, the course contents and pedagogy is severely limited and academic in nature. This leaves student with little skills relevant in the business world. Indian industry in the recent years has undergone a paradigm shift. Unfortunately, our management education has lagged behind the pace of it. This state of affairs demands a drastic overhaul of the way management as a discipline is taught in most of our institutes. The paper presents some suggestions and solutions to alleviate the malady from which Indian management institutes are suffering. It is no secret that the wide disparity in management education and industry practices creates job aspirants who are no better than a paper tiger and find it difficult to survive in a harsh market environment. It should be a foremost priority of the government, AICTE, educational institutions and industry to take the initiative and break the mould. The study aims to provide a few relevant and pragmatic suggestions as to what can be done to right this wrong. The state of affairs in management education is a mixed bag. This leaves student with little skills relevant in the business world. Indian industry in the recent years has undergone a paradigm shift. Unfortunately, our management education has lagged behind the pace of it. This state of affairs demands a drastic overhaul of the way management as a discipline is taught in most of our institutes. The article presents some suggestions and solutions to alleviate the malady from which Indian management institutes are suffering. It is no secret that the wide disparity in management education and industry practices creates job aspirants who are no better than a paper tiger and find it difficult to survive in a harsh market environment. It should be a foremost priority of the government, AICTE, educational institutions and industry to take the initiative and break the mould. The study aims to provide a few relevant and pragmatic suggestions as to what can be done to right this wrong.

In India higher education especially management education stands at a crossroads. After the independence, Indian economy has become more mature and hence we require Entrepreneurial Management Skills, Bureaucratic Management Skill, and Management Skills at each sector. Our management institutes have failed to meet this challenge. Keeping in mind the demand, the supply is inadequate. Management courses have become 'Academic Courses' rather than 'Professional' one. The existence of an institution shall depend upon the quality of education and training offered. Indian management education lack in term of the caliber of the faculty, quality of curriculum and infrastructure and placement records, research work. If we, as academics, accept the challenges before us today, there is no reason we cannot retain our position as the pre-eminent provider of high-quality educational services for decades to come. In the global competitiveness, there is need for future global managers with qualities and competencies in global perspective. In management education, quality has become necessity and the circumstances require total quality management. Therefore, in the present paper, an effort has been made to examine the existing management education system as well as opportunities and challenges with some outcomes so that management institutes retain quality of education and sustain in current scenario.

Entrepreneurship Education, 2019

In India, management education has made significant growth since its inception in 1950s, and by the mid 1960s, India became one of the leaders in the field of management education; at present, India has the second largest number of business schools in the world. However, the mushrooming of B-Schools in India led by globalization has resulted in an intense competition among the B-Schools themselves giving rise to many contemporary issues and challenges in the changing time affecting the quality of management education in the country. The present study is a review paper in nature and aims to study the growth of B-Schools in India and the resultant competitive landscape. The analysis found that although the number of B-Schools has increased significantly in India, the quality aspect did not receive due attention. The B-Schools in India have been facing a number of key issues and challenges which have been addressed in this paper. Moreover, the distribution of B-Schools across states and zones in India has been found to be very much uneven and highly correlated with industrialization.

Today, the world has come so close that now it is known as a global village. India has become one of the favourite destination of global investors. In the last decade or so, especially after liberalization, industries like pharmaceuticals, retail, real estate, investment portfolios, media & entertainment, medical tourism, hospitality, automotives, etc; have grown by leaps and bounds. Today, you name the international brand, and it is there in India. India has everything, be it the suitable or probable fertility of soil, climatic conditions, marginal spaces, formatted or un-formatted investors, cheap manpower, structured or (sic) unstructured governmental policies, you name it, and it is there attracting hordes of global investors to India. The concept of a global village and the revoloution in the area of information technology is increasingly integrating the economies around the world and has moved towards the attainment of global competitiveness has become a necessity for the survival and growth of any business entity. Business paradigms are shifting continuously providing enormous amount of creative opportunities to grasp the future. In the era of global (and also g-local) competitiveness, we have to exercise utmost care to safe guard India’s interest to see that India does not loose in the international arena. In the era of these fast emerging changes, there is a need for future global managers with qualities and competencies in global perspective. The post liberalization period witnessed a greater need for professional education. The 21st century promises to harbinger a different environment for human development in all walks of life, including education. It is going to be knowledge-driven century, resulting in a need of greater reform in all education related activities like teaching, learning, evaluating, natural production, curriculum revision, administration production, etc. The importance of education for the development of excellence, expertise and knowledge leading to overall development in economy cannot be undermined. This has necessitated a sound strategy for the development of higher education in almost all countries of the world. In management education, quality has become a necessity and the circumstances require total quality management. The future belongs to those who see possibilities before they become too palpable. To make India an intellectual capital of the world, we have to rethink about the management education and the effort should be made to create a dynamic & vibrant environment, which can nurture superior quality technical education institutes.