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2019, International Seminar on Globalizing the MBA- Issues & Prospects
This study aims to review the MBA programs currently being offered by prominent Business Schools India from a Global perspective. The objective is to understand the global trends in business education and evaluate any gaps in the MBA programs being offered in India. A comparison is made between MBA programs of top 20 global business schools with those offered by the top 20 business schools in India. The selection of business schools was made on the basis of global ranking of Business Schools published by Financial Times. The findings of the study show that the MBA programs offered in India are aligned to the global expectations to a large extent, however, there is further scope for enhancement in some parameters like teaching pedagogy and student diversity.
The Founder of Siva Sivani Group of Educational Institutions was a man with a vision and believed that nothing is impossible for those who think they can. In 1961, Sri Sampathy started his journey with a mere 25 paise in his pocket and filled with zeal to create history by continuously evolving and providing top quality education. His dedication and positive attitude helped him brave all the odds and establish the education empire today called as Siva Sivani Group of Educational Institutions, a place where personal growth is achieved in tandem with peace, progress and prosperity of the human society at large In pursuit of providing quality education and to create future business leaders, he branched towards the outskirts of twin cities where ample land was purchased to set up the state-of-the-art educational institution with all the amenities in house for all round development of the aspiring students in 1983 and later in 1989 a second milestone was achieved at Kompally which now houses Siva Sivani Institute of Management (SSIM) His passion and commitment towards innovation and adaption to newer technologies to provide better education lead to paperless classrooms in 2002, comparable to the best in the world. During his life time, Sri S.P.Sampathy held many Honorary posts including the President of the Andhra Pradesh Private Schools Association, Convener ISC and ICSE Examinations of Hyderabad, Advisory Member on Boards of various Educational Institutions to mention a few. We, the members of Siva Sivani are committed and dedicated to the vision and mission of Sri S.P. Sampathy and constantly evolve ourselves to the future needs and provide education that makes the world a better place to live in.
After accepting quality higher education as service, many global business schools are competing to attract intelligent students to various innovative courses and by training them to become further smart, providing better challenging placements in the corporate sector with lucrative salaries. Such schools competing globally by differentiating their education model through top-level infrastructure, globally competitive faculty member, providing industry oriented and research-based curriculum, customized curriculum and teaching methods through providing a choice from an infinite number of electives, and competence based examination and evaluation system. Recent ranking results announced by the USA based Elsevier’s SSRN identified Wharton Business School of the University of Pennsylvania, USA as Ranked ONE business school in the world in terms of its number of annual research paper publications. Wharton’s 235-plus professors are one of the largest, most published faculties at any business school. The standing and affiliated faculty members of WBS work within and collaborate across 10 academic departments. For 2019 outgoing MBA batch, the school admitted 863 students from 65 countries out of 6,692 applicants. In this paper, we have analysed the operational and business strategy of Wharton business school in its quest for excellence and courage to innovate decisions on academic performance and research performance and compared with its competitors in the same country like Booth School of Business, Harvard B-School, Stanford Graduate B-School, Stern B-School, Columbia B-School, and Sloan B-School.
The MBA (Master of Business Administration) degree is perhaps the world's best known and most widely recognized post graduate degree. It is a professional degree-in that it prepares or further prepares individuals for responsible positions in business-usually managerial positions. Despite its venerable age (the first MBA degrees were awarded in the early twentieth century), MBA programmes remain both popular and relevant. MBA programs are run throughout the world, as they are seen to be relevant for the preparation of people for work in management irrespective of the industry, business sector, the nature of the economy, etc. Although critics of the programmes have been numerous, large companies and increasingly small ones as well continue to see real value in the MBA as the first stage in a professional career in management. In this paper, the public and private universities are compared based on their ability to provide quality and innovative post graduate business management education in terms of quality, latest innovative curriculum, specialisations, programme duration, foreign exposure, industry orientation, networking, placement service, total credits for the programme, course fee structure, and examination system. Comparison is done by considering some of public and private universities and their ability to add values to the programme in the frame of stakeholder's reference. Finally, the advantages benefits, constraints and disadvantages of public and private universities are identified and are listed under organisational, students, faculty, parents and societal issues using focus group method.
Executive Education at the Lee Kuan Yew School of Public Policy (LKYSPP) plays an integral role in the School's mission of inspiring leaders and transforming Asia. These programmes are designed to serve the needs of organisations and working professionals in the public, private and not-for-profit sectors, helping strengthen their leadership and management capabilities to perform more effectively in this rapidly changing environment. Since 2005, Executive Education (EE) programmes have been delivered to almost 8,000 individuals from 68 countries.
Accreditation is the process of monitoring, assessing and evaluating the standards and quality of education a student receives at a college, university, or other institution of higher learning. Accreditation provides a strong belief to the student that the education they are paying is valuable and worthwhile. There are organizations in India and internationally which accredit institution and their programmes. Faculty profile and their research publications help the institution to get accredited. In India, there are more than 3000 business schools producing over 2-3 lakhs management graduates every year. Imagine the number of management faculty who are part of these institutions as facilitators of management education. When the question comes of faculty accreditation in India, there is only one organization, i.e.: AIMA, which accredits the faculty of management3. The Proposal is to facilitate additional dialogue of standards and rigorous evaluation criteria within the context of maintaining high academic contribution by faculty. The faculty is academically qualified, but one also looks at their professional qualification in different academic components to have overall quality standards. The Accreditation principle lies on the platform that, apart from degree, multiple categories of Academic activities and/or outcomes that may support qualification including Professional activity, Professional development, Intellectual contribution, academic contribution, et al. are the key to demonstrate the credentials as Quality faculty. The present paper emphasizes that with the accreditation of institutes and programmes, there is also a strong need of faculty accreditation at a larger level, with reputable councils and competent authority on higher education taking the initiative of accrediting management faculty to establish and certify as a certified teacher in the field of management education. The paper elaborates upon the need for accreditation and a model developed for accrediting management faculty for all the B-Schools. It also looks into procedure, process and the methodology to be adopted. Key Words: Accreditation, Performance Measurement, Evaluation, Professional Qualification
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. Key words: Management education – Ancient education – e-learning – India – AP- No. of Seats
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 introduction of “design thinking” into the Business-school curriculum is a relatively new phenomenon, and standard practices and curricula have not yet been established. This paper examines the design-thinking programs of 12 North American MBA programs and identifies four themes related to the concept’s adoption.
Globalization, changing workforce demographics, and contemporary social and economic agendas have driven business schools to address diversity. However, gender and diversity education is not yet integrated into mainstream management education and we maintain that gender diversity, as part of management education, must be pulled to the top of the business school agenda. We focus on gender, as women are globally the largest underutilized group, and are a growing part of the global talent pipeline that companies need to remain competitive. We trace the connection between trends in industry, drivers of diversity training in business, and their subsequent impact on management education. Based on our review (or curriculum audit), we argue that management education has not met the gender diversity needs of our students, business and society.
Branding is about delivering on desired outcomes. The importance of positioning program offerings on the basis of outcomes sought in the education market is illustrated in this study of choice of an MBA program by prospective students. MBA fair attendees were surveyed and multiple methods were employed to determine the importance of desired outcomes and the ratings of MBA programs on their ability to deliver these outcomes. In a highly competitive market, differentiation and effective positioning appear to be the keys to success of both the two competing business schools studied.
Globally the apparatus of formal business education is over 150 years old. It has witnessed phenomenal growth over this period. The trained managerial manpower produced by the business schools has led the industrial sector successfully as reflected in the growing contribution of industry in the national income. Despite this critical and obvious role of managerial talent in optimum utilization of different factors of production, and consequent improvement in productivity and efficiency, of late, business education sector has witnessed waning of interest both from industry as well as students. There appears to be growing scepticism from all stake-holders about raison d’être of business schools. India is no exception to this global trend. This has put business school fraternity in a mode of soul-searching and innovation. Industry will be a key contributor to the realization of the dream of India becoming a developed country. And this is possible only when industry is in the hands of able leaders and managers. In this light, this paper is an attempt to study the paradox that why there is a decline in this sector despite a positive demand-supply gap in the market for managerial talent. Both a diagnosis and a prognosis have been offered based on inferences drawn from market data, other studies, reports and expert opinion.
In this my paper I try to figure out why people are doing MBA in Nepal and explore some of the emerging trend so that we can figure out where we are moving. It certainly helps to determine the future path. It’s a result of research done in college and shows the relationship between doing MBA and future goal. It also explore various factor that student consider before joining any management colleges. It is pure on research basis done at king’s college, Kathmandu, Nepal as a part of my work. This study shows the internal and external motivational factor influencing students to continue study Master of Business Administration (MBA) . Theoretical framework had been collected form secondary data. The research found out that most of the student who had bachelor background as BBA are willing to join MBA. Other background student chooses MBA to increase the managerial skills. The gender distribution in the MBA is nearly same. The study also explained which factor that student most consider before selecting MBA college like college infrastructure, management structure, curriculum, teaching style, past achievement of college, affiliated university etc. the research found out most of the student focus on curriculum and management style of college. The study had also explained the main factors those lead students decide to study MBA. it describe various factor such as requirement of MBA increases because of globalization change, Organizations prefer efficiency business solving-problem skill, leadership and management skills, for career change, for better job opportunity, at the same time people need to improve their professional career. The study found out most of the student are doing MBA because to increase their management and leadership skills. Such that they believe it will increase their knowledge and research found that it actually happened. Most of the student confidence level are growing after joining MBA
The business environment has changed very rapidly over the last years and will continue to do so in the future. New paradigms, techniques and centers of power are emerging and call for highly advanced knowledge in the field of management. This is precisely what we aim to offer in the Master in Management -Grande école Program at HEC Paris. At the same time, we expect our graduates to foresee these changes and be able to make a difference in this changing world. This explains why HEC Paris seeks to attract the best students from all over the world into its Master Program. For more than a century now, academic excellence and selectivity has stood for the "Grande école spirit" that HEC Paris has contributed to build. The curriculum is divided into two phases: the first phase is an immersion into the foundations of business knowledge, while the second phase is dedicated to a specialization that you have chosen according to your professional project, followed by an optional Certificate. Many specializations are offered not only on campus but also through a large range of international programs. The program also benefits from close ties with the business community: corporate partners are very active in providing practical knowledge through direct participation in courses, training seminars, consultancy projects and conferences organized on campus. They also participate in several recruiting events throughout the year and offer numerous internships and job offers to our students. Finally, we believe that the key asset HEC Paris offers its students from all over the world is our renowned and long-established tradition of welcoming international students, be it in the content of the program, its international exposure, the involvement of the business community, the network of 45,000 alumni or the school's reputation which is constantly ranked amongst the Top Business Schools in the world. In addition, the campus, an ideal living and learning environment and the rich cultural and social life of nearby Paris will help make your stay a rewarding experience. We know that choosing the right business school is a hugely difficult decision to make, but remember our goal here at HEC Paris is to help you to make your career dreams come true! We look forward to welcoming you soon.
Campus Placements is one of the most preliminary parameters for measuring Higher Education Graduation Outcome. As such, placement strategies of every such institution remain a matter of curiosity and debate. The Government approved National Institutional Ranking Framework (NIRF) outlines a methodology to rank institutions across the country on basis of various critical parameters. Therefore, with a view to determine how the top-ranked institutions are successful in terms of placing total students and salary offered is studied and analyzed through this research for arriving at meaningful inferences and interpretations. An attempt is also made to explore the various placement strategies, industry-interaction initiatives, and interview scheduling practices of higher ranked management institutions of India as well.
Performance of higher educational institutions can be measured using different criteria like student pass percentage, the annual research output, student placement result, foreign exposure, quality education etc. In this paper, we have used a recently developed model of measuring research productivity for higher educational institutions based on calculating institutional research index and weighted research index. The institutional research productivity is calculated using a metric which consists of three institutional variables and one parameter. The three variables identified are Number of Articles published in peer reviewed journals (A), Number of Books published (B), and Number of Case studies and/or Book Chapters (C) published during a given time of observation. The parameter used is a number of full-time Faculty members (F) which remains constant during a given period of observation and the number of research scholar registered for their Ph.D. work. The framework can be used to determine institutional research productivity by calculating Institutional Research Index for higher educational institutions. Further, the model is tested by making use of case examples of seven top Business Schools in India. The value of annual research index is calculated for these institutions for last four years and observed variation of research productivity during these years are studied and discussed.
The introduction of “design thinking” into the Business-school curriculum is a relatively new phenomenon, and standard practices and curricula have not yet been established. This paper examines the design-thinking programs of 12 North American MBA programs and identifies four themes related to the concept’s adoption.
Much has been written about the benefits and drawbacks of blended learning. This paper presents an Experiential Hybrid delivery model in which face-to-face field trip experiences are blended with complementary online instruction. As institutions seek to find alternate delivery modes that challenge both traditional class time structures and accommodate working students, the experiential hybrid approach helps actively engage online learners, build community, and build personal faculty/student relationships. This paper presents the case study of a Management Information Systems class that was translated into this new blended format, and provides insights on ways that the format could be applied to other business courses.
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