MBA will always stay relevant besides the need of the hour, believes Dr. Uday Salunkhe, Group Director and Principal, L. N. Welingkar Institute of Management Development and Research. As per the study conducted by the Graduate Management Admissions Council, over 50% of schools will see an increase in the admission applications. “The real reasons why MBA programs are so valuable lie beyond the numbers,” says Uday Salunkhe.

1. Uday Salunkhe On Why MBA Is Here
To Stay
MBA will always stay relevant besides the need of the
hour, believes Dr. Uday Salunkhe, Group Director and
Principal, L. N. Welingkar Institute of Management
Development and Research.
As per the study conducted by the Graduate
Management Admissions Council, over 50% of schools
will see an increase in the admission applications. “The
real reasons why MBA programs are so valuable lie
beyond the numbers,” says Uday Salunkhe. Time spent

2. at business school adds incremental value to its
students and helps develop different facets of their
personality. It instills in students the ability to break
down complex problems, isolate choices and
communicate them in a structured and simplified
manner. Management education sharpens skills across
a wide range of subjects in a short span of time.
Businesses have grown complex and globally involved
with local cultures. Ideas have found their way beyond
boundaries, creating a need for developed skill-sets
among managers. “The average corporate worker today
spends more time working in multi-cultural and
geographically spread teams than ever before.
Moreover, managers are being called upon to work for a
significant period of time in regions different from
their place of origin,” says Uday Salunkhe.
The value of a culturally aware manager is being
realized by the organizations. In a time where one
small cultural folly can cause a mishap on social media,
the only environment that can prepare future managers
to adapt to such situations is a business school with its
composite classroom and multiple activities which
demand students to cross barriers and engage with
those from a diverse background.

3. Welingkar provides global study content that is
reflective of social composition at large. A global MBA
provides an opportunity to work with teammates from
different continents and handling problems with
different cultural frame.
The variation in economy will continue to show its
effects on the future generation. Top B-Schools like
Welingkar continue to grow their application pool in
order to develop students with relevant skill-sets. “The
MBA enthusiasm will always stay strong in the future
as management institutes keep pace with the evolution
of the markets outside,” says Dr. Uday Salunkhe.
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is-here-to-stay.html

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