Director General, Nirma University, Sarkhej-Gandhinagar Highway, Ahmedabad-382481, Gujarat, India, dg@nirmauni.ac.in
JEL Classification Code: A2
Innovation is the fulcrum of institutional effectiveness and excellence. Management education is a coveted education as it adds employability to the students on the one hand and nation building on the other. It lingers to thrive as it continues to innovate on a continuous basis. Innovation basically involves the implementation of a new idea in a programme and/or a process or the reduction in cost of education. In fact, both aspects of innovation conduce to value addition to different stakeholders. The article examines various innovations in management education under three rubrics, namely format innovation, curricular innovation, and pedagogical innovation. Next, it suggests various propositions to increase innovation in business schools. Finally, the article studies the emergent challenges for management education from the perspectives of different stakeholders and hence the need for future innovation in management education.
Innovation, Management education, Curriculum, Pedagogy, Drivers of innovation
