Management Education in India
This course of management education emerged sharply as a must-have feature of higher education in India. Sharply spiking demands for professional skills in handling complex business environments created by liberalisation and globalisation of the economy during the 1990s started mushrooming public and private institutes conducting courses leading to MBA and special management courses. Today, established with an international reputation catering to curricula that pave the way for an excellent future by a respectable graduate, Indian Institutes of Management have literally carved their niche in the competitive and vibrant job market.There is still a huge amount of challenge to institutions in regard to quality education, biased towards one institution and another. Curricula in most cases are outdated, low exposure to industries, and sometimes faculties unprofessional.This shift of trend from practice to memorization may leave the generation that has learned how to think and solve problems years behind schedule. A contrast to this trend are a few institutes focusing on learning experience, internships, and collaborative efforts with industries that will produce better students to face the real-world scenario of competition. Necessarily, issues like online education and global management programs will make the process of management education highly diversified, enabling management education in India. For any business going global, managerial education needs to be internationalized, too, and the thought of doing business in another culture is being given to students, making them operate in a multicultural environment. Although management education is growing and spreading, as a whole, it does need all and every effort on quality enhancement and relevance to meet the demands of a continually changing job market.