Case Study
MANAGEMENT EDUCATION: VISION 2020
MALAVIYA NATIONAL INSTITUTE OF TECHNOLOGY JAIPUR
Submitted By
Jasa Ram
Avinas...
MANAGEMENT
A manager
should have
proficiency in
Knowledge of
functional
interdepende
ncies and
adaptability
Management
ski...
MBA: CURRENT STATS
Management
college
No. of Intake Student
Educational
background
Student hire from b
school
Professional...
Functions Of B-school
 An important function is to
develop relevant
knowledge, serve as a source
of critical thought and ...
Current
Status
Bare
minimum
technology
use in
teaching
Routine
learning with
no Practical
implementati
on
Less women
orien...
Reviews From Different Committees
 Most of the management institutions have been neglecting research.
 Shortage of facul...
TRADITIONAL V/S NEW
School must consider offering courses like :
 Logistics
 Agriculture management
 Co-operative Manag...
 Only 5% of undergraduate students in the country want a master's degree
 MBA seats annually in India have tripled from ...
TIER II Institute
Admission
Academics
Management
Training
Case Study
Role Playing
Student Exchange
Program
Faculty
Written...
The supply-
demand gap
The low quality of
teaching and
learning
Constraints on
research capacity
and innovation
Need to br...
Corporate Social
Responsibility
Anti corruption
education for MBA
Online
management
New millennium
Relation-ships
with ind...
Current
Solutions
Quality
Education
Quality
Faculty
Link with
Industry
Indian
Approach
Mentoring
by other
Institutes
Vario...
References
 International Journal of Advanced Research in Management and Social Sciences ISSN: 2278-6236.
 2013 PRME SUM...
Upcoming SlideShare
Loading in …5
×

VISION MBA EDUCATION BY 2020

494 views

Published on

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

Published in: Education, Business
1 Comment
0 Likes
Statistics
Notes
  • Be the first to like this

No Downloads
Views
Total views
494
On SlideShare
0
From Embeds
0
Number of Embeds
3
Actions
Shares
0
Downloads
20
Comments
1
Likes
0
Embeds 0
No embeds

No notes for slide
  • Dilip sir Message
  • VISION MBA EDUCATION BY 2020

    1. 1. Case Study MANAGEMENT EDUCATION: VISION 2020 MALAVIYA NATIONAL INSTITUTE OF TECHNOLOGY JAIPUR Submitted By Jasa Ram Avinash Misra Vijendra Jain
    2. 2. 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. Entrepreneuri al 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.”
    3. 3. MBA: CURRENT STATS Management college No. of Intake Student Educational background Student hire from b school Professional MBA 80969 94704 121864 149555 179561 235698 315000 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 no of students no of students 1132 1149 1523 2615 3500 2006-07 2007-08 2008-09 2009-10 2010-11 MANAGEMENT SCHOOL MANAGEMENT SCHOOL
    4. 4. 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
    5. 5. Current Status Bare minimum technology use in teaching Routine learning with no Practical implementati on Less women oriented Leadership Less responsive managemen t education Minimum interaction with Industry Lack of specializatio n in particular discipline Current Status
    6. 6. 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 .
    7. 7. 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
    8. 8.  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
    9. 9. TIER II Institute Admission Academics Management Training Case Study Role Playing Student Exchange Program Faculty 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 Interview Telephonic 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
    10. 10. 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
    11. 11. 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
    12. 12. Current Solutions Quality Education Quality Faculty Link with Industry Indian Approach Mentoring by other Institutes Various Activities Role Playing Industrial Visit Social AwarenessLive Case Studies
    13. 13. 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

    ×