Re-engineering of Present Management Education System - Achieving Excellence through Global Quality Standards

Abstract

The article analyses the present position with regard to these building blocks and suggests re-engineering directions to meet global quality sta11dards. The author proposes a 011e world standard for business education through an industry certification to assess competence to level the playing field. He advocates the business of business education to be operated under charity rather tha11 as a profit making model. More industry exposure, working on more task oriented projects on an independent basis and development of teamworks are suggested. Business schools are responsible for creating future leaders and shaping them to meet the currellt day's e11vironment, nationally and globally. Imbibing i11 the students a quality of leadership together with an inquisitive mind and attitude of meeting challenges to succeed are the hallmark of a good i11stitutio11 dedicated to the cause of a high level of management education.