Intellectual Capital & Quality Management Education in India


By

Indranil Bose
Lecturer
B.B. College
Asansol-713 303
 


Management education in India is going through a metamorphosis. The economic structure is changing. New areas are now emerging and developing. Traditional specialisations are also experiencing fundamental changes in applications.

The above paradigm shift changes focus of  some of the fundamental aspects of management education in India. Areas like curriculum development, intellectual capital requirement , value systems imbibed in management practice, functional priorities etc. are changing on their fundamental principles. However, even as a few premier B-schools in the country continue to upgrade themselves as per situational requirements by benchmarking  excellence and setting high standards in curriculum design and delivery, clearly large number of institutes are proliferating without concern for quality. The gap between these two categories has been revealed by a recent survey of Indian B-schools by AIMA. Criteria like PhD faculties, published papers by management faculties etc. have been incorporated in the survey.

Status per B-school

Premier B-schools

Middle level B-schools

Lower level schools

PhD faculties

54

42

02

Papers published by faculties

111

51

Negligible


Source: Indian Management,September,2006

Both the parameters clearly exposes the abymyssal situation of  the Indian management education scenario.

Some of the fundamental problems behind this situation may be indifferent attitude towards quality management education by the mushroomed B-Schools in different parts of the country, narrow commercial outlook , huge workloads inflicted on the faculty members , minimum budgetary allocation  in intellectual capital development like promotion of research activities, industry-academic interface etc.

Betterment in situation is possible by setting up of active self-regulatory and autonomous monitoring body, inviting only the brightest minds in management education by lucrative offerings, exploration of new horizons while designing course curriculum, initiating broader industry-academic interface and regular academic exchange programmes , in-house promotion of talent by the institutes etc.

Initiatives to the proper direction will help the desired talent pool to be created and the only then , perhaps, Indian industry will be enriched with truly employable manpower, not just the "management graduates" without little knowledge on the subject.
 


Indranil Bose
Lecturer
B.B. College
Asansol-713 303
 

Source: E-mail March 19, 2007

       

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