Topic2-CharanyanIyengar

1 managementeducationinindia india produces around

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Unformatted text preview: ry website disclosures for the other parameters mentioned. 1. Management Education in India India produces around 200,000 management graduates every year and has around 2000 business schools with around 300 business schools outside the purview of All India Council of Technical education (AICTE). Management education finds its roots in the capitalism of US. In India, management education began just half a century ago, with the first full-time MBA program in 1957. The Indian Institute of Management (IIM) was established in Calcutta & Ahmedabad in 1961 & 62 respectively. These schools were modeled on the pedagogy & structure of Harvard Business School & Sloan School of Business, Massachusetts. Post liberalization, many schools came up. Bodies such as Association of Indian Management schools were formed in 1988. This later became the 2nd largest B-school association. The proliferation began in 1991 with around 70 business schools which expanded to 700 by 2000. Between 2001 and 2009, it has raced to 2000 bringing a clear need to differentiate the best from the good & mediocre. Shugan (2003) has noted that the reputation of the flag-ship MBA programs affect the overall reputation of the B-school. 1.1.Importance of Disclosure With so many B-schools opening and very little to differentiate among them apart from the top few, enhanced levels of disclosure are required. According to a leading online portal for RTI applications, around 2000 RTIs were filed against the IIMs alone. With most of the Top schools in India being public-funded, this shows a trend of lack of transparency. With the IIMs setting the precedence of lack of transparency, most other low-rung B-schools also shun away from disclosures. Disclosure of information entails the following positive implications: • Increase in the ‘right fit’ of students applying to these schools, which sets the expectations of students towards their schools right • It would help achieve the B-school achieve its vision; each student would be a reflection of what the institute wishes to propagate • Brand the Business-school as a trust-worthy and transparent organization • Attract the right kind of recruiters; partners for the institute...
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This document was uploaded on 01/14/2014.

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