 "Students' Corner")
Dear Students,
LAST WEEK WE ASKED: Do you think regulatory bodies should disallow setting up of new B-schools?
BEST RESPONSE
At present, seats in plenty of B-schools outnumber the strength of admission seekers. In such circumstances, it invites the role of regulatory bodies to impede further opening of new colleges. As of lately, B-schools have merely become a source for business opportunity while totally neglecting on importance of quality education. Also, huge number of substandard institutes has left some serious students perplexed in finalizing upon correct choice. Any future upcoming institute would serve little purpose rather incur wastage of resources like land, money etc. Consequently, it becomes duty of regulatory bodies to shift focus from quantity to quality of B-schools.
- Shivam Chhabra, Integral University, Lucknow.
OTHER RESPONSES
There has been lots of demand and hype for business studies which resulted in to proliferation of the B-schools which are under bad shape and under corrupt influence. Some of them are worth to opt for, but indeed not all of them. So rather than completely disallowing setting up of new B school we should have neutral regulatory body that inspect governance periodically and brings transparency in functioning. It should curb or prevent the bad, money-making business schools and bring them under control rather than put restrictions on those who are doing well and providing all the facilities.
- Vivek Patel, Institute of Management Nirma University (IMNU), Ahmedabad.
B-schools have the ability to make their students endeavour for what they desire through continuous perseverance. All said and done, still we do not have any place in the top 100 universities as per the latest data. The IIM's and IIT still needs that golden feather on their crown. So I do not see any good if regulatory bodies disallows setting up of B-schools.
- Parth Hitendrakumar Shah, The Institute of Chartered Accountants of India.
Regulatory body must check current scenario of B-schools that are all B-schools being filled up fully or not. By the way opening up more and more B-schools diluting value of management course. Before allowing to set up new B-schools, essential thing is that they must check quality of education given by all institutes on periodic base because giving quality education is more important than giving degree only. After all it will pour essence in growth of India. According to secondary data, very less percentage of B-schools are giving quality education and rest are running just for business.
- Pratik Patel, School of Petroleum Management, PDPU.
Outrightly disallowing setting up new B-schools will not come out as solution for increased no. of private MBA institutions which generally attain the status of deemed university from the University Grants Commission (UGC), i.e. the regulating government body. However, the actions of the UGC are not necessarily driven by academics but also by politics and influence. Therefore better alternative is to create & monitor standards which results in increased educational quality and academic integrity by focusing on factors like no. of quality faculty, contributions to intellectual property, quality of research publications & infrastructure in existing & new B-schools to match global standards.
- Sourabh Jamer, The Institute of Chartered Accountants of India, Mumbai.
Lets look at the opportunity not at hand only but in the future also. India will have huge demographic dividend in the future if it produces more manager now. We see population decrease in the developed country so naturally they require man power. India being in excess of man power can only supply. But, allow B school with caution i.e those have proper infrastructure to operate, thus imparting quality education.
- Nilaya Mitash Shanker, IIT Roorkee.
Just having a large number of colleges doesn’t matter for the improvement of our education system which, are lagging far behind from global peers. India has a so many colleges which don’t have as much as adequate infrastructure and faculty for running the courses in spite of they have gotten approval from regulators. So regulators should focus and monitor on the quality of teaching, infrastructures and practical exposures of existing B-Schools rather than opening new B-Schools. It doesn’t make any sense to just opening colleges but not improving their quality to match with global standards of management education.
- Sumit Sourav, Regional College of Management, Bhubaneswar.
While the numbers of B-schools shutting down in the country are up on rise, there seems to be an increasing trend wherein the top B-schools are not shying away from the fact that an international accreditation can do a world of good for them. Rather than allowing the vicious circle of ‘setting up - selecting students - lack of students ad finally shutting down, the regulatory bodies should be very stringent and not allow any more B-schools to set up unless they can commit to be there in the 'business' for a fixed period of time.
- Anuraag Kalita, XIME, Bangalore.
Your responses should reach us at edu@business-standard.com by Monday evening every week. Please ensure that your responses do not exceed 100 words. Avoid attachments and email your full name, institute's name, batch and complete mailing address. The student who gives the 'Best Response' will be awarded Rs 500.
THIS WEEK'S QUESTION: Do you think research tie-ups with global institutes would help Indian B-schools garner better rankings?
For other responses, please log on to: www.business-standard.com
LAST WEEK WE ASKED: Do you think regulatory bodies should disallow setting up of new B-schools?
BEST RESPONSE
At present, seats in plenty of B-schools outnumber the strength of admission seekers. In such circumstances, it invites the role of regulatory bodies to impede further opening of new colleges. As of lately, B-schools have merely become a source for business opportunity while totally neglecting on importance of quality education. Also, huge number of substandard institutes has left some serious students perplexed in finalizing upon correct choice. Any future upcoming institute would serve little purpose rather incur wastage of resources like land, money etc. Consequently, it becomes duty of regulatory bodies to shift focus from quantity to quality of B-schools.
- Shivam Chhabra, Integral University, Lucknow.
OTHER RESPONSES
There has been lots of demand and hype for business studies which resulted in to proliferation of the B-schools which are under bad shape and under corrupt influence. Some of them are worth to opt for, but indeed not all of them. So rather than completely disallowing setting up of new B school we should have neutral regulatory body that inspect governance periodically and brings transparency in functioning. It should curb or prevent the bad, money-making business schools and bring them under control rather than put restrictions on those who are doing well and providing all the facilities.
- Vivek Patel, Institute of Management Nirma University (IMNU), Ahmedabad.
B-schools have the ability to make their students endeavour for what they desire through continuous perseverance. All said and done, still we do not have any place in the top 100 universities as per the latest data. The IIM's and IIT still needs that golden feather on their crown. So I do not see any good if regulatory bodies disallows setting up of B-schools.
- Parth Hitendrakumar Shah, The Institute of Chartered Accountants of India.
Regulatory body must check current scenario of B-schools that are all B-schools being filled up fully or not. By the way opening up more and more B-schools diluting value of management course. Before allowing to set up new B-schools, essential thing is that they must check quality of education given by all institutes on periodic base because giving quality education is more important than giving degree only. After all it will pour essence in growth of India. According to secondary data, very less percentage of B-schools are giving quality education and rest are running just for business.
- Pratik Patel, School of Petroleum Management, PDPU.
Outrightly disallowing setting up new B-schools will not come out as solution for increased no. of private MBA institutions which generally attain the status of deemed university from the University Grants Commission (UGC), i.e. the regulating government body. However, the actions of the UGC are not necessarily driven by academics but also by politics and influence. Therefore better alternative is to create & monitor standards which results in increased educational quality and academic integrity by focusing on factors like no. of quality faculty, contributions to intellectual property, quality of research publications & infrastructure in existing & new B-schools to match global standards.
- Sourabh Jamer, The Institute of Chartered Accountants of India, Mumbai.
Lets look at the opportunity not at hand only but in the future also. India will have huge demographic dividend in the future if it produces more manager now. We see population decrease in the developed country so naturally they require man power. India being in excess of man power can only supply. But, allow B school with caution i.e those have proper infrastructure to operate, thus imparting quality education.
- Nilaya Mitash Shanker, IIT Roorkee.
Just having a large number of colleges doesn’t matter for the improvement of our education system which, are lagging far behind from global peers. India has a so many colleges which don’t have as much as adequate infrastructure and faculty for running the courses in spite of they have gotten approval from regulators. So regulators should focus and monitor on the quality of teaching, infrastructures and practical exposures of existing B-Schools rather than opening new B-Schools. It doesn’t make any sense to just opening colleges but not improving their quality to match with global standards of management education.
- Sumit Sourav, Regional College of Management, Bhubaneswar.
While the numbers of B-schools shutting down in the country are up on rise, there seems to be an increasing trend wherein the top B-schools are not shying away from the fact that an international accreditation can do a world of good for them. Rather than allowing the vicious circle of ‘setting up - selecting students - lack of students ad finally shutting down, the regulatory bodies should be very stringent and not allow any more B-schools to set up unless they can commit to be there in the 'business' for a fixed period of time.
- Anuraag Kalita, XIME, Bangalore.
Your responses should reach us at edu@business-standard.com by Monday evening every week. Please ensure that your responses do not exceed 100 words. Avoid attachments and email your full name, institute's name, batch and complete mailing address. The student who gives the 'Best Response' will be awarded Rs 500.
THIS WEEK'S QUESTION: Do you think research tie-ups with global institutes would help Indian B-schools garner better rankings?
For other responses, please log on to: www.business-standard.com