Conventionally B-schools, positioned themselves on the dimensions of pedagogy and content. B-schools unable to 4llow the middle path of balancing the pedagogy and content will become extinct. Also, the globalization has led to paradigm shift In the strategic context of doing business, leading to the independence of the economies. Organizations in BRICS and South Asian countnes have not only gained from economic opportunities but also bced the complex management challenges. The increasing focus on t±ple bottom-line (profit, people and planet) emphasized the need of susbinable practices and ethics.