Management education in India saw a rapid evolution after the economic liberalisation in 1991, paving the way for the entry of global corporate culture in India. As private industry grew, it also led to substantial increase in the demand for management graduates. Consequently, a large number of public and private institutions offering management courses came up. These were in addition to the globally reputed Indian Institutes of Management (IIM). So, today we have more than 4,000 management schools, including the management departments at universities, enrolling around 300,000 students each academic year.
Yet, the mushrooming of management schools has not necessarily led to improvement in the quality of pedagogy, with a large number of them suffering from structural weaknesses such as lack of infrastructure and well-trained faculty. These shortcomings create a disconnect between academia and industry as curricula and training are not aligned with industry requirements. It's not surprising then that the India Skills Report 2023, published by online testing firm Wheebox, has found that 40 per cent of the management graduates in India are unemployable.
In this context, an independent assessment of the management institutes to examine if they are aligned with the emerging business environment, new requirements and consequent challenges becomes crucial. The India Today GroupMDRA Best Business Schools survey does exactly that. With the rising cost of business education and the shrinking space for employment with existing skills, students need to be well-informed on which institutes have the best curricula, faculty and industry connect to prepare them for the evolving work environment. What differentiates the top B-schools from the rest is their awareness about the challenges of the future and readiness to upgrade the pedagogy and physical infrastructure to adapt to these changes.
Denne historien er fra November 13, 2023-utgaven av India Today.
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Denne historien er fra November 13, 2023-utgaven av India Today.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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He gave the beat to the world
He would pick up the rhythms of each experience of mobility and weave them into his taals. Thus it was that he reflected joy and laughter in rhythmic cycles...such was the magic of Zakir's fingersText and photographs by Raghu Rai
KERALA TOURISM CAMPAIGN, 1989 - TICKETS TO PARADISE
All it took was a catchy tagline-'God's Own Country'-for the world to discover Kerala's wealth of natural beauty. It remains among the best tourism ad campaigns, earning the state a place among top 10 international destinations
SPIRITUALITY - THE GURUS OF COOL
Among the cult Indian gurus, no one had a bigger hold on western minds than 'Osho' Rajneesh. He's also perhaps the role model for the enterprise-building gurus of today
RETAIL SHOPPING - THE MALL MANIA
Shopping malls, a 1990s innovation in India, changed the way the Indian middle class shops. Their success now lies in being 'shoppertainment' destinations, offering something for everyone
CULINARY RENAISSANCE, 1978 - TANDOORI NIGHTS
ITC's Bukhara and Dum Pukht turned the world to tandoori cuisine and had an enormous impact on the F&B industry. Decades on, they are still a pit-stop for celebrities and heads of state visiting Delhi
INDIAN WRITING IN ENGLISH - REVENGE OF THE NATIVE
Rushdie lit the way but Indian writing in English has taken a life of its own in the past few decades, with translated Indian fiction most recently having its moment in the sun
INDIAN ART - A BRUSH WITH GOLD DUST
The 1990s economic liberalisation came as oxygen, lighting up the Indian art scene. Today, artworks by established masters routinely go for astronomical amounts
FESTIVAL OF INDIA, 1982 - CULTURE CAPITAL
The Festival of India grew into a symbol of our 'soft power', introducing our art and aesthetics to a global audience while also helping rebrand our domestic products
THE INDIPOP TREND - DISCO GOES DESI
For ages, the film song ruled. Nothing else was audible. Then came Nazia, charioteered by Biddu, and Indian ears went into a pleasant madness. Literally, Disco Deewane. A whole genre was born
SHOLAY 1975 - THE BIRTH OF THE FANDEMIC
India had seen hits before. But Sholay seared into its collective psyche like a badland bullet. The effect was on a scale never seen before- one film creating a new mass folk culture. And a trail of monster blockbusters that still continues
