From doing to being

Management education is undergoing facelift but what matters is speed at which changes are embraced

Indian management education has its own inherited problems of volume and value. The loosely defined regulatory framework and lack of governance by statutory authorities have led to mushrooming of business schools in India. These schools have admitted students without even mapping the managerial competency of students. The grossly undervalued outcome from Indian business schools have flooded the market with substandard and unemployable manpower leading to catastrophic situation with unintended consequences. Many students are unemployable; parents have paid huge capitation fees to buy these courses, industry is not benefited from this qualified but non competent workforce leading to overall decline in