Re: [MTC Global] Management education has failed in India: Nirmalya Kumar

Dear All,

Mr. Nirmalya Kumar's observations have summarized the status of higher education today; here are some suggestions from AACSB International's Collective Vision (pdf enclosed):

• Business School should position themselves to become trusted partner in finding solution to problems with focus on clarity of purpose in specific markets and on demonstrating social impact in line with that purpose..
• More segmentation, differentiation and experimentation such that the definition of a business school shall change, as will the ways in which the world interacts with them.
• New Metrics will emerge to recognize the impact and success of business schools (like number of new businesses started, number of jobs created etc.) giving more freedom to them for pursuing strategies that support core mission and purpose, expecting transparency.
  

Warm regards,

G.S.Autee

On Sun, Oct 30, 2016 at 8:51 PM, Prof. Bholanath Dutta <bnath.dutta@gmail.com> wrote:

The traditional model of management education that has been practised in the country for decades has failed to serve its purpose, says Nirmalya Kumar, 56, member of the group executive council at Tata Sons, the holding company of the $108-billion, salt-to-software conglomerate.

This is evident from the massive outflow of management students seeking admission in foreign universities each year and the low level of internationally published research papers emanating from Indian business schools, adds Kumar, who is regarded as one of the world's leading management thinkers.

But green shoots of change are visible in the way management education is imparted in the country, with the arrival of some new-age business schools that appreciate the need of global managers for global businesses. In an interview, Kumar tells Forbes India that top management institutes here need to change their enrolment strategy and even hire teachers who have trained at top global institutions by offering them competitive salaries.
Edited excerpts:

In a sense, management education has failed in the country. Otherwise, so many people wouldn't be leaving the country to study abroad. We don't see too many Americans, Germans or Japanese students leaving their home countries to pursue higher studies.

Then comes the aspect of building world-class institutions. None of the Indian universities features among the top 200 in the World University Rankings (brought out by Times Higher Education). If you look at research, the entire universe of Indian faculty across management schools has together published less papers in leading international journals than I have over the course of my career. And I wasn't even the most productive in the world.

So business schools in India, especially the IIMs (Indian Institutes of Management), are stuck in the pre-1991 mentality, which is very much about controlling the supply of students that enter these schools and graduate each year, since there is no dearth of demand.

In that sense, these institutes function more like selection agencies who, through the entrance process, do a pre-selection of brilliant students for potential recruiters to choose from. The intellectual processing that they do with these students over the course of the academic tenure becomes irrelevant.

This model doesn't serve the country since those who can afford it prefer to study abroad and the intelligent ones get a scholarship. A majority of the remaining students are served by low-quality management schools that have sprung up across the country. They get a degree in business education from these colleges, but it has no value. 

 

​[Source: Forbes India]​

EDUCATE, EMPOWER, ELEVATE

Prof. Bholanath Dutta

Founder &  President 

MTC Global: An Apex Global Advisory Body

in Management Education, ISO 9001: 2008

Partner: UN Global Compact I UN Academic Impact

 www.mtcglobal.org IEmail: president@mtcglobal.org

Cell: +91 96323 18178 / +91 9964660759

 

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