Craze of Business Education In Nepal

Presented By:

Mukund Pd. JoshiMFC First Semester

School of Management, Tribhuvan University

What is Business Education….???Business education is the education which

is planned, organized and developed in favour of the preparation of youth for responsible economic participation in the country. - Harms and Stehr (1963)

Okab, (1991) defined business education as “education for and about business”.

Contd…….

Osmua, (1989) stated that business education is that part of education field which deals with business experiences both for specialized occupation uses and for general uses.

Thus, the aspect of education which provide knowledge and understanding of the economic, financial, marketing accounting, management system and other branches of business endeavour is education about business.

What is Business Education….???

Business Education in NepalManagement education started in Nepal in the

form of commerce education in 1954 when the government established a commerce department in the then government-run Tri-Chandra College.

Higher Secondary Education Board (HSEB) provides the base of management education in its +2 level.

Tribhuvan University offered the post-graduate level in the commerce education in 1961

Tribhuvan University is the leading university to provide management education among more than half a dozen universities.

Universities Offering Business/Management Education in Nepal

Tribhuvan University

Kathmandu University

Purbanchal University

Pokhara University

Mid-Western University

Far-Western University

Management courses at Bachelor level in Nepal

Bachelor of Business Studies (BBS)Bachelor of Business Administration (BBA)BBA -Banking And Insurance (BBA-BI)Bachelor of Business Management (BBM)Bachelor of Information Management (BIM)Bachelor of Hotel Management (BHM)Bachelor of Travel and Tourism Management

(BTTM)Bachelor of Public Administration (BPA)Bachelor of Commerce Studies (BCS)Bachelor of Development Studies (BDS)Bachelor of Development Finance (BDF)Bachelor of Health Care Management (BHCM)

Master of Finance And Control (MFC)Master of Business Administration (MBA) Master of Business Studies (MBS)Master of Public Administration (MPA)Master of Business Management (MBM)Executive Master of Business

Administration (EMBA)MBA FinanceMBA-Global BusinessMaster of Health Care Management

(MHCM)

Management courses at Master level in Nepal

Management Education Vs Technical Education

2000

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20000

40000

60000

80000

100000

120000

ManegementTechnical

En

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um

bers

Source : www.moe.gov.np

Forces Affecting Management EducationGrowing demand of management

personnelsA change in the trade structure and

occupational pattern in Nepal Rapid growth in media, information

technology and use of computers in the country.

Growth of financial sector and non governmental organizations

Growing Thrust on Privatization and Economic Liberalization

Integration with Global Economy

Problems of Management Education

Shortage of qualified and competent faculty

Shortages of teaching materials based on

local realities.

Lag behind in research activities.

Weak interface between business and

academia

Inadequate infrastructure.

ConclusionAs a partner in the global trading system, Nepali

businesses will now have global opportunities for exports, but they also will face intense pressures to compete.

Sound strategic management, coupled with a global vision and a sound grounding in financial and operational decision making, become more important than ever.

This, in turn, requires managers who can think globally, act locally and manage effectively

The need for educated, professional managers in all sectors of the Nepali economy is now greater than ever. Management education in Nepal must continue to develop if it is to fulfill this need.

Thank You……… !!!!!