Employability And Management Education: Prospective And Retrospective

  S.v.muralidhara

The growing demand for MBA graduates has led to the rapid growth of B-schools in every nook and corner of the country. Although this mushrooming has taken care of the quantity issue, the quality of this talent is questionable. The ASSOCHAM report says that only 7 percent of the MBAs that graduate every year are employable. Lack of quality control and infrastructure, low-paying jobs through campus placement, and poor faculty are significant reasons for the unfolding B-school disaster in India. The constant endeavor to upgrade and re-train faculty in emerging global business perspectives is practically absent in many B-schools, often making the course content and pedagogy redundant. Management Education is under severe criticism for its increasing lack of relevance to the new world order of business. Graduates are equipped at best to bring about incremental changes and cannot keep up with the rapidly changing requirements of their organizations. Unfortunately, we cannot get the new kind of graduates from the old type of management education created for the businesses of the previous century. Employers are no longer just evaluating functional and technical capabilities in students from B-school campuses. The ability to think outside the box, manage chaos and ambiguity, and collaborate skills are more sought after by employers now than ever before. Hence evaluation based on interviews and G D's is passé and a model based on business case studies and scenarios. The major challenge at campuses is that most students do not have work experience, essential for management education. Hence students fail to appreciate the real difficulties that companies and industries are facing. However, there is an urgent need to bring revolutionary changes in management education in India.

Keywords- Management Education, Skill-based Education, Industry Relationship Effective management

Unique Identification Number - IJEDR2104017
Page Number(s) - 81-86
Pubished in - Volume 9 | Issue 4 | November 2021
DOI (Digital Object Identifier) -   
Publisher - IJEDR (ISSN - 2321-9939)

  S.v.muralidhara,   "Employability And Management Education: Prospective And Retrospective", International Journal of Engineering Development and Research (IJEDR), ISSN:2321-9939, Volume.9, Issue 4, pp.81-86, November 2021, Available at :http://www.ijedr.org/papers/IJEDR2104017.pdf