Drishtikon: A Management Journal

Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

Changing Scenario of Management Education in Recession


Affiliations
1 Dept. of Commerce & Management Science Dr. Babasaheb Ambedkar College of Arts & Commerce Nagsenvana Aurangabad- (Maharashtra)
     

   Subscribe/Renew Journal


Imparting teaching and training of business management has to go in the similar drive of the business firms in formulating strategy, implementing plans of action, defining the future role, preparedness for the future troubles and crisis as the industry in reality practices. Crisis management has to be some thing beyond the books in the management institutions. Recession in reality has lot more things in store for the management institutions to learn and act for the future. Dynamism and the trend to change and the continuity of it is pivotal in the decision process of the management education in India. Management education is at the infant stage in India, it has miles to go in order to compete with the world in class and need to contribute a system like other Asian nations "Japan" in particular. Strategy, Planning, Dynamism, Action, Pragmatic approach as the benchmarks are required to be incorporated in the management education to stand apart and to stand with. Recession is like an unwarned storm, economic storms are obvious, every industry needs to stay prepared with the disaster management strategy so is the education industry too. Industry oriented and society oriented approaches of management education in building the nation is as vital as the imparting of the quality education to the young professionals. Influx of expertise is required from all walks of life and professions along with the non bureaucratic interference in the content development. Formalities of the government norms need to be well measured and validation of the training programmes too. Certifications to be recognized through a proper technical evaluation board rather than, with an age old depicted guidelines. Barriers of the content development to be relaxed and practical orientations to be prioritized in management education. Quality only sales, B' Schools should deliver the same to survive and win in the recession. Recession has a lot in store to learn from the situations in the management education.

Keywords

Liberalization, B- Schools, Privatisation, Japanese Management, Degree Education, Cooperative Business
Subscription Login to verify subscription
User
Notifications
Font Size


  • Lakshman, A (2004), Beating the Business Cycle: How to predict and profit from turning points in the economy, 1st Edition, Doubleday Publishing

  • Armstrong, M., (2006), A Handbook of Human Resource Management Practice, 10th edition, Kogan Press, London

  • Arya, PP, Chaddha, K. Suresh, (2007), Quality of Management Education: The Challenge of Changing Scenario, Pub. Deep & Deep Publications, New Delhi.

  • Das, B, (2008). Marketing Success of B, Schools – The Customer Choice. In Proceedings of National Seminar on Marketing Dynamics, June 2-5, , RCEM, Bhubaneswar.

  • Morley, M., Gunnigle, P. and O’sullivan, M., (2006), New Directions in the HRM Function, 1st Edition, Emerald Publishing

  • Rath, S P. 6th June. (2007). Beyond the Books, Indian Express, Hyderabad Edition.


Abstract Views: 402

PDF Views: 0




  • Changing Scenario of Management Education in Recession

Abstract Views: 402  |  PDF Views: 0

Authors

Kishor L Salve
Dept. of Commerce & Management Science Dr. Babasaheb Ambedkar College of Arts & Commerce Nagsenvana Aurangabad- (Maharashtra)
Mohammed Abdul Raffey
Dept. of Commerce & Management Science Dr. Babasaheb Ambedkar College of Arts & Commerce Nagsenvana Aurangabad- (Maharashtra)

Abstract


Imparting teaching and training of business management has to go in the similar drive of the business firms in formulating strategy, implementing plans of action, defining the future role, preparedness for the future troubles and crisis as the industry in reality practices. Crisis management has to be some thing beyond the books in the management institutions. Recession in reality has lot more things in store for the management institutions to learn and act for the future. Dynamism and the trend to change and the continuity of it is pivotal in the decision process of the management education in India. Management education is at the infant stage in India, it has miles to go in order to compete with the world in class and need to contribute a system like other Asian nations "Japan" in particular. Strategy, Planning, Dynamism, Action, Pragmatic approach as the benchmarks are required to be incorporated in the management education to stand apart and to stand with. Recession is like an unwarned storm, economic storms are obvious, every industry needs to stay prepared with the disaster management strategy so is the education industry too. Industry oriented and society oriented approaches of management education in building the nation is as vital as the imparting of the quality education to the young professionals. Influx of expertise is required from all walks of life and professions along with the non bureaucratic interference in the content development. Formalities of the government norms need to be well measured and validation of the training programmes too. Certifications to be recognized through a proper technical evaluation board rather than, with an age old depicted guidelines. Barriers of the content development to be relaxed and practical orientations to be prioritized in management education. Quality only sales, B' Schools should deliver the same to survive and win in the recession. Recession has a lot in store to learn from the situations in the management education.

Keywords


Liberalization, B- Schools, Privatisation, Japanese Management, Degree Education, Cooperative Business

References