Revitalising Management Education in India: A Strategic Approach

Management education has evolved over the years in India with an objective of providing competent employees to the corporates. Although there is mushrooming of B-Schools in the country, the quality of education has been compromised and the stakeholders in most of the B-Schools have been ignored. As a consequence, corporate houses are complaining of poor quality of management students. They thus doubt the intentions of the management institutions. This article intends to unravel the current state of management education in India and develop a framework for overcoming the problems that typically engulf the B-Schools in the country. The article emphasises the need for development of stakeholders ’perspective on management education and concerted efforts aimed at reorienting mission vision, holistic faculty development, pedagogical innovations and increased industryinstitute interface.