Saturday, April 14, 2012

Present State of MBA Education in India

A COMMENTARY ON STATE OF MANAGEMENT EDUCATION IN INDIA. Date of writing: 14.4.2012.
It seems to be in a mess.
For starting MBA Colleges and Institutes, at least three Bodies have to grant their approval:

1. AICTE, New Delhi. Their website: http://aicte-india.org.
2. UGC, New Delhi. University Grants Commission. Universities have to approach them. Their website: http://ugc.ac.in.
3. Respective State Governments.

Those who wish to join Government Services in India, after MBA, must make sure that the Colleges they join have the permission from all the three authorities mentioned above.

Those who wish to join Management profession in private sector in India, need not have any MBA degrees. Different Companies have different expectations. MBAs fulfilling all the three requirements mentioned above, still roam on the Indian streets.

Some Companies, particularly foreign Corprates and Banks, seem to attach great value to the name and prestige of the MBA College/Institute/University. We often read in media, that MBA from xyz College got placement with some hundreds of thousands of bucks as salary. Some of them are realities. Some are empty claims. Whatever they are, students have a craze to joint prestigious Colleges, paying hundreds of thousands of bucks as fees.

MBA education can add some skills to students who pursue the course. The degree itself cannot create new capabilities. It can sharpen existing capabilities. It can raise the knowledge level. Storage of information is different from aptitude and diligence.

Human Resources Departments of Companies must have the capabilities to distinguish between 'knowledge' and 'aptitude and diligence' in the candidates they test and interview.

No qualifications are necessary for becoming MLAs, MPs and Ministers in India. No qualifications are necessary to become sports-persons and film stars. Scions of industrial family tycoons take over as CEOs of the family Empires with no formal management education or with purchased MBA degrees. Aren't they succeeding?

This doesn't mean to say that management education will be worthless. Management Education should not become a business. Imparting Management Education should be a noble goal. It must be accessible to all. Professional Ethics is to be taught. A willingness to abide to the laws of the country are to be taught. ^

2 comments:

Shelly said...

thanks for sharing it's interesting article.. keep more sharing please..

MBA Colleges

Unknown said...

Thanks for the important information shared with us. In present world, education loan is much lower interest rates as compared to personal loans. It's probable that the charge your guardians paid to instruct you from kindergarten till graduation is not exactly the yearly expense that you pay for your kid's play school today. Paying such high charges could be an issue in the event that you confront a money related emergency, however it is extremely unlikely you can expel your kid from school, seriously? EasyloansIndia is the best online loan provider in India, one can search and apply for any types of loans through their online application. Their website can provide you best option for interest on education loan.

Useful links to sites by ybrao, a donkey

Education
Training teachers
Methodology of Teaching English
Multiple Choice Questions
Useful to whom:
B. Ed. students (Bachelor of Education).
Candidates preparing for teacher jobs.
Teachers preparing to teach phonetics in class rooms.
Connoisseurs of linguistics and phonetics. edumeth
World General Knowledge
Useful to whom:
Candidates preparing for Civil Services.
Candidates preparing for ICET.
Candidates preparing for LAWCET. World GK Multiple Choice Tests.
Word / phrase search World GK Multiple Choice Tests.

India GK:
Useful to whom:
Candidates preparing for Civil Services.
Bank Recruitment Tests
Candidates preparing for ICET.
Candidates preparing for APPSC's various exams.
Railway Recruitment Board (RRB) Tests
India GK Multiple Choice Tests.
Word-phrase search in Multiple Choice Tests on India GK.
Indian Banking
Useful to whom:
Candidates preparing for JAIIB, CAIIB and DBF examinations conducted by Indian Institute of Bankers and Finance. Click here to open in a new window:
indbkg.