What are the key challenges facing management education in India today?
One of the main challenges is the curriculum which is taught in the Management Institutions. It needs to be updated with time. For example, in the IIMs when the curriculums were developed, it was suitable for that particular industry situation. But updating it is also equally necessary. Secondly, the approach to management education needs to be Indian in nature. We cannot work on the knowledge that was developed in America or Europe because the context of that knowledge is directly related to their culture and tradition. If the knowledge is acquired within one’s own culture and environment, it is more applicable and produces faster results. Another aspect is that more teaching material should be developed in India. The number of Indian text books should increase and their quality has to be better. At the moment we are using text books that are based on the foreign experiences. Though the number of Indian textbooks is increasing, the quality of writing is not as good as some of the book
