Management Education in India- Quality Issues And Concerns

Abstract

Management education till recent past was one of the most sought after professional streams of education to be pursued by bright young minds of India. Despite the facts that- (i) the nation needs a good number of professionally competent managerial manpower to manage its affairs and (ii) there has been a steady growth in the number of management education institutions set up by the government as well as private bodies in the recent past, the interest level to pursue management education has faded over the years.The paper attempts to illustrate as to how continuous degradation of 'quality' in terms of 'input', 'process' and 'output' at such institutions, particularly at tier two and tier three levels, has been a prime factor responsible for such a down-trend. An attempt has also been made, in the paper, to suggest measures to bring in and build on the element of 'quality' in all these three critical components in a management education institution, so that they live up to the expectations of all the stakeholders by producing, nurturing and grooming industry- ready professionals.