An
important question that arises is that if there is a problem
in the quality of Management Education, where would one logically
look at for introducing changes? Please note that about 730
Management Schools out of 850 are in the University / affiliated
system. The affiliated college has the benefit of 'University
Affiliation,' where the MBA is given by the university. Therefore
if there is any criticism on the quality of the programme or
the product, the finger point to the University system. However,
the PGDM fellow has no such crutch or alibi. He has to perform
or go under, there is no other choice. Analysis of the top
100 Institutions in the country is based on some of the recent
rankings. One would note that the majority of them are 'Autonomous
Institutions'.
This would be a much cleaner and result oriented system. We would
like to use here, the much-misused expression: the 'paradigm shift'.
It would indeed be a paradigm shift, which would revolutionise
management education in the country and really make them compete,
and compete vigorously. Competition can only lead to better quality
and value for the student, and the ultimate customer, the industry.
The world has changed so much in the past thirty years, but with
little impact on the education system. It is time that we moved
away from some of the myths of yester-years and follow the principles
of competition, efficiency and good management in the administration
of the education system in this country. The rapid growth of business
has thrown open the need for a very large number of middle level
and senior level management professionals in most companies. They
are required to have a general management perspective with focused
domain expertise on the businesses they serve. The current demand
for such professionals is expected to far exceed the availability.
Internal promotions within the organisation alone will not be sufficient
to feed this demand. |
 |
|
