Upload
avinash-misra
View
209
Download
1
Tags:
Embed Size (px)
DESCRIPTION
This PPT briefs us the basic drawbacks in Indian Curriculum of MBA education and hence what measure be taken to improve it by 2020 i.e., how curriculum be designed in B-Schools such that our demand of managers is increased worldwide
Citation preview
Case Study
MANAGEMENT EDUCATION: VISION 2020
MALAVIYA NATIONAL INSTITUTE OF TECHNOLOGY JAIPUR
Submitted ByJasa RamAvinash MisraVijendra Jain
MANAGEMENT
A manager should have proficiency
in
Knowledge of functional interdepende
ncies and adaptability
Management skills
Functional knowledge of
a business organization
Problem analyzing
and solving
Inter-personal
skills
Self-confidence
and motivational
skills.
Entrepreneurial Skills
Drive to succeed and control with initiatives
OBJECTIVE: “To find out the current scenario of MBA education in India and to propose a solution such that it can be made more efficient for future generation. Once our MBA education matches global standard the demand of our managers will increase significantly in the world.”
MBA: CURRENT STATS
Management college
No. of Intake Student
Educational background
Student hire from b school
Professional MBA
2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12
8096994704
121864
149555
179561
235698
315000
no of students
no of students
2006-07 2007-08 2008-09 2009-10 2010-11
1132 1149
1523
2615
3500
MANAGEMENT SCHOOL
MANAGEMENT SCHOOL
Functions Of B-school
An important function is to develop relevant knowledge, serve as a source of critical thought and inquiry about organizations and management
BUT
Most B-schools focus on marketing and advertising.
No. of B-schools is increasing- 1980: 4 B-schools were added 2000-2006: 169 B-schools were added
BUT
Not Cared about: Infrastructure & Intellectual Capital
Nobal purpose is gone and institutes has become teaching shops without quality faculty due to quick return on investment.
Currently: 30% shortage of qualified faculty
By 2020: may reach to 50%
AIECTE regulates the approval of B- Schools.
AICTE ensures compliance regarding infrastructure, library and laboratory facilities and student-faculty ratio
BUT
Corrupt approval of B-schools AICTE overlooks the indicators of
quality education. Only few region wise visits into B-
schools. AICTE is concerned about compliance of
the regulatory norms and hence governance and accountability do not feature in its relations with the B-Schools.
Current Status
Current Status
Bare minimum
technology use in
teaching Routine learning with no
Practical implement
ation
Less women
oriented Leadership
Less responsive manageme
nt education
Minimum interaction
with Industry
Lack of specializati
on in particular discipline
Current Status
Reviews From Different Committees
Most of the management institutions have been neglecting research.
Shortage of faculty and quality of faculty are the most critical aspects that need to remedy
soon.
Management institutions did not develop interactions with industry and this acted as a
vicious circle giving merely non- practical education.
Management institutions invested very little for faculty development even though most of
he committees earlier had identified this as a major lacuna.
In order to have a better global exposure, to suit the requirements of industry under
There is a pressing need for globalization of management education
Reference:-The Nanda Committee 1981, The Kurien Committee 1991, The Ishwar Dayal Committee 1995-2000, The Management Education Review Committee 2003 .
TRADITIONAL V/S NEW
School must consider offering courses like :
Logistics
Agriculture management
Co-operative Management
Bank/Insurance management etc.
Public administration
Apart from traditional courses
like:
Finance
Human Resource
Marketing
Production Management
COURSES
Only 5% of undergraduate students in the country want a master's
degree
MBA seats annually in India have tripled from 4,500 to as many as 3.6
lakh.
Merely 10% of graduates from business schools manage to get hired by
corporate India.
About 2,00,000 students choose to go Abroad every year.
Brain Drain in higher education is also one of the reasons
In Europe, one year MBA degree has already become the dominant form
of MBA training.
Study estimating that 180 schools had shut down in 2012 and another
160 schools offering MBAs were expected to close incoming year
The management Institutions do not have culture that is supportive of
research(mainly 2nd tier college).
FACTS:- A tradition which is accepted
TIER II Institute
Admission
Academics
Management Training
Case Study
Role PlayingStudent
Exchange ProgramFaculty
Written, GD, PI all conducted by institute teachers
All theoretical based with courses having no contact with real world
Once in a 2 year course for 45-60 days after end of I year.
No live projects! Only case study of decades-old problem
Hardly any opportunity given
Students do go to a reputed college for 2 weeks
Rare faculty visits from premier B-schools
InterviewTelephonic interview of students from two
colleges
CAT, followed by written GD and PI
Basics of Finance, HR, Marketing and Accounting with practical touch
Once in a 2 year course for 45-60 days after end of I year.
Live case studies are provided
Various opportunities are given
Students are sent to foreign universities on a month long program
Faculties from foreign universities come and give lectures
TIER I B-schools
The supply-demand gap
The low quality of teaching and
learning
Constraints on research capacity
and innovation
Need to broaden the specialization
Distance Learning MBA
Globalisation of Management
Education
Faculty Development
Programs
Uneven growth and access to opportunity
Internationalize Management
education
Evening faculty for working executives
Recognition of Quality Faculty
CHALLENGES
Corporate Social Responsibility
Anti corruption education for MBA
Online management
New millennium
Relation-ships with industry
Ensure Quality Faculty
Webinar Responsive management
Political ideology
Education should be
mandatory
Hiring best for individual discipline
Create an independent Institutional mechanism
Need to broaden the specialization(family
business management
stream)
Promote Research Culture
Develop reading materials relevant to
Indian Context
Formation of All India
Council Of Management Education(AIC
ME)
REFORMATION IN B -
SCHOOLS
Current
Solutions
QualityEducatio
n
Quality Faculty
Link with
Industry
Indian Approac
h
Mentoring by other
Institutes
Various Activitie
s
Role Playing Industrial Visit
Social Awareness
Live Case Studies
IndustryB-S
chool
References
International Journal of Advanced Research in Management and Social Sciences ISSN: 2278-6236. 2013 PRME SUMMIT – 5TH ANNUAL ASSEMBLY New Ways of Developing Leaders for The Future. Case study by Sabanci University School of Management “More women on boards for decision quality” Case study by Aalto University School of Business Improvement of “sustainability literacy” of first year
business students through innovative business partnerships. Case study by Aston Business School PRME “beyond the business school”. Case Study by Ash ridge Business School “Exploring how sustainability is being integrated into in-house
company leadership development programmes”. British Council Understanding India: The future of higher education and Opportunities for international
cooperation. The Global Forum of Responsive Education Management The Rio Declaration on the Contribution of
Higher Education Institutions and Management Schools to The Future We Want: A Roadmap for Management Education to 2020.
Emerging Issues in Management Education in India, VSRD-IJBMR, Vol. 1 (3), 2011, 164-176. Journal of Management & Public Policy Vol. 3, 2011 “Management Education in India : Issues &
Challenges.” Management Education in India Issues and Concerns, International Journal of Education and Learning
Vol.2, No.2 (2013), pp.15-26 THANK YOU