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Management Education in India

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Management Education in India
MANAGEMENT EDUCATION IN INDIA - TRENDS, ISSUES AND CHALLENGES
Beena John
Dr.N. Panchanatham

Abstract
Economic development of a country is correlated with the development of higher education. 21st century India witnessed enormous transformation in its management education system.
Globalization transformed the conventional approach of the system with a more efficient professional approach; it also resulted in introduction of new age management courses which have more economic value in today 's ' time . In the modern economic scenario all over the world, management as a stream of education and training has acquired new dimensions. The field of management is dynamic in nature. New tools and techniques are continually introduced to increase the efficiency and productivity of future managers. Driven by globalization the social, public and business organizations in India also had to embark on many changes in their management structure and operating practices. In response to such changes the educational programs had undergone noticeable changes in the curricula, content, methodology and coverage. In the present paper, an effort has been made to examine the management education system and to find out ways for quality improvements so that business schools respond to current changes.
Key words: Management Education, challenges, opportunities etc.
Introduction

finest provider of high-quality educational services for decades to come. So, it is an immediate requirement to shape the management education in accordance with the global changes to improve competitiveness.

India has become a part of global linkage as the consequences of WTO agreement is developing a technology driven society.
Nearly one lakh management graduates pass out every year in India, providing a tremendous potential to contribute to the creation of a -knowledge society. Rapid changes have been occurring in the management education fueled by the call for



References: Provate Ltd., New Delhi, 2006. of Educational Technology, Kanishka Publications, New Delhi, 2008 development,Vol.24,No:9(2005) 6. management,Vol.16,No:6(2002) 7.

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