Home About IUP Magazines Journals Books Archives
     
A Guided Tour | Recommend | Links | Subscriber Services | Feedback | Subscribe Online
 
MBA Review Magazine:
Management Education in India: Growth and Trends
:
:
:
:
:
:
:
:
:
 
 
 
 
 
 
 

There are reasons for optimism that business education in India would improve and be appreciated globally. Significant improvements in the quality of business programs have occurred since the policies of liberalization in India. The existence of pockets of quality is evidence that it is possible to get high quality education in India. The effort to reach out globally will also play an important role in exchanging institutional learning and in broadening the perspectives of the faculty members and the students and lead to improvement in the quality of business education in India.

 
 
 

Management education as a separate discipline emerged in 1881, when Wharton School of Finance and Commerce came into existence at the University of Pennsylvania, USA. It took another 17 years for the next two schools to be established at the Universities of California and Chicago. The Harvard Business School started operating in 1908. Thereafter, the growth of business Schools was rapid and by 1925, there were some 118-business schools in the USA.

India took a lead in the management education, with the Indian Institute of Social Welfare and Business Management, Calcutta offering postgraduate diploma in 1954 itself.

The contact of the Indian elite with western management culture had grown because some individuals received education in western institutions and also because western literature was becoming increasingly available in India facilitated by the Government's liberal policy on this subject. In the context of this awareness, the Government began to move towards promoting management education in the country. A beginning in the promotion of management education was made in 1953, when AICTE adopted a program for the promotion of business education in India. Accordingly, a Board of Management studies was set up in 1954 under AICTE to lay down standards of management education, coordinate management education facilities and guide the government in promoting management education facilities and providing management education institutions with financial assistance. The Board of Management Studies selected six-reputed institution of higher learning to introduce courses in business management in industrial administration and general management. Universities were encouraged to launch part-time courses in business management for practicing managers, while institutions of science and technology were helped to start programs in industrial engineering and industrial administration. The Indian Institute of Science introduced a new department of industrial administration. A new National Institute for Training in Industrial Engineering was set up in 1961. This institution gradually broadened its scope to include management development and education through executive programs.

At the same time, American educationists and diplomats developed an interest in helping India in the field of professional management and management development against the background of growing American economic and social assistance programs for developing countries. It was realized that the main purpose of foreign aid could be served only if there was enough trained and committed managerial manpower within the recipient countries. In this context, Ford foundation played a crucial role in promoting management education in India.

 
 
 

MBA Review Magazine, Management Education, Business Programs, Management Development, Business Administration, Business Management, Knowledge Fragmentation, Emerging Economies, Business Schools, Technical Management, Business Frameworks.