College & Education: RE: [MTC Global] Time For B-Schools To Look Beyond Corporate Interests, Help Govt

I feel that MBA institutes flourished during 80s because humanities and commerce programs in higher education failed to upgrade themselves as per need of the day . Though offering career opportunities was responsibility of these colleges, student completing their graduation were unable to find entry in the commerce and industry sector. However, Some of high ranking humanities and commerce programs across the country have been attracting top of the line students. MBA has also lost its credentials (except top notch institutions) because one cannot rate the competency of a person based on the testimonials (degree) in his hand. The crisis can be handled only when the poor performing institutions and poor faculty members go out of the system.

Regards

Virendra Goel

From: waghodekar@rediffmail.com [mailto:waghodekar@rediffmail.com]
Sent: Tuesday, May 30, 2017 12:49 PM
To: join_mtc@googlegroups.com
Cc: manickam1971@gmail.com
Subject: Re: [MTC Global] Time For B-Schools To Look Beyond Corporate Interests, Help Govt

We need to note:

Private professional institutes started all over India with AICTE approval or so in mid-80s.
The argument then was put up under market forces these institutes would not survive more than a decade that has not happened. On the other hand the expansion proved explosive since then.
The major reasons are: (1) High population of students available in India. (2) The cost of education affordable even to lower middle class people.(3) the so called charity of education turned into a commercial (profiteering) activity. (4) All stakeholders are benefited in way or the other at the cost of quality education and unemployment (5) Bureaucracy, Public and stalwarts complimenting each other.
Though employment rate is hardly in the range 7-15 %, one may agree or not, the common people started aspiring some employment may be at subsidized compensation that appear to be much above the average market wages, e.g., if an MBA or BE gets Rs say 8000-12000 pm, the average market wages fall in the range Rs 4000 to 6000 pm with no security.
In such a scenario, FW Taylor, Elton Mayo, Gilbreth, Adam Smith, Mundel, Barnes, etc., have no role to play as our mission is to keep the nose above water (under Indian conditions not Global) and we are by nature complacent with what we get !
And B-schools is a part and parcel of our democratic system.

Regards,

Dr. P H Waghodekar, PhD (Egg), IIT,KGP, IE&M, 1985,
Advisor (HR), IBS & PME (PG)
Marathwada Institute of Technology,
NH 211, Beed by pass road,
Aurangabad: 431010 (Maharashtra) INDIA.
(O) 02402375113 (M) 7276661925
E-Mail: waghodekar@rediffmail.com
Website: www.mit.asia
and
Chairman, Advisory Board, MTC Global, Bangalore.

Engineering & Management Education: An Engine of Prosperity.
Classroom teaching must match with Boardroom needs!

From: manickam gajapathy <manickam1971@gmail.com>
Sent: Tue, 30 May 2017 10:16:33
To: "'Dr. PARAG NARKHEDE' via Management Teachers Consortium, Global" <join_mtc@googlegroups.com>
Subject: Re: [MTC Global] Time For B-Schools To Look Beyond Corporate Interests, Help Govt

Aptly summarised by Prof.Ramesh Vemuganti....Many groups and trusts started B Schools and Management Institutes in commercial interests only but not to enhance the skills of the students...

Now that market is in the corrective mode and institution which withstand the market challenges are here to survive and grow...So much of literature and useful concepts are available thanksto many pioneers like F.W.Taylor, Henry Fayol, Elton Mayo, Jerome McCarthy, Peter Cricket, Philip Kotler, Abraham Maslow, C.K.Prahlad, T.V.Rao and the list goes on and on....

If we should come close to the ranks of Wharton, Stanford,Harvard, Insead, Melbourne School, Oxford, Cambridge, it's a long way and the path has to be charged out well and in next 10 years , we can challenge them with our competence...

With best regards,

Prof.Dr.G.Manickam

MBD Department

Mohamed Sathak College of Arts and Science, Chennai-119

9884002341

manickam1971@gmail.com

On 30-May-2017 9:24 AM, "Ramesh Vemuganti" <vemugantiramesh@gmail.com> wrote:

waghodekar@rediffmail.com> wrote:

My take is:

In all institutes including universities, neither process management nor performance management is done.
Passionate teacher is rare species. Accountable and dutiful teachers are competent enough to face the challenges.
Better to talk less about compensation for ours is a country where the Institutes of National Importance are hiring faculty on consolidated salary pm, say, AP Rs 40000 pm for one/two semesters.
We know there is not a single Indian Institute in the first 100 World Top Universities during the last 7 decades indicating that neither our faculty nor our education system is ready to take responsibility of carrying out the transition to new system to make it global. In fact, it is not seen to be necessary!
Please see the attachments.

Regards,

Dr. P H Waghodekar, PhD (Egg), IIT,KGP, IE&M, 1985,
Advisor (HR), IBS & PME (PG)
Marathwada Institute of Technology,
NH 211, Beed by pass road,
Aurangabad: 431010 (Maharashtra) INDIA.
(O) 02402375113 (M) 7276661925
E-Mail: waghodekar@rediffmail.com
Website: www.mit.asia
and
Chairman, Advisory Board, MTC Global, Bangalore.

Engineering & Management Education: An Engine of Prosperity.
Classroom teaching must match with Boardroom needs!

From: Syed Ameen gmail.com>
Sent: Mon, 29 May 2017 20:08:10
To: join_mtc@googlegroups.com
Subject: Re: [MTC Global] Time For B-Schools To Look Beyond Corporate Interests, Help Govt

Dear all,

I would like to repeat saying that, there is no differentiation made between good, bad and average performer especially in this sector and hardly we find few passionate teachers.

So passion, plan and perseverance makes fabulous teachers. I guess 360 degree performance appraisal suits the need and even human resource accounting too. Survival of the fittest - I mean those who really work passionately and bring results are to be empowered and even package must be purely on the basis of performance.

There must be high level of healthy and progressive competition in teaching and it has to be strictly followed.

Selection criteria includes more of documents and degrees and why not excellence and passion with that?

Many business schools have come up and students are segregated much, they hire people with less salary to reduce cost and they don't bother what those teachers make? Are they making assets of nation or liabilities?

We must have a serious discussion on this and final decisions must be implemented soon to maintain the dignity of management education.

Regards,

Prof.Syed Ameen

On Mon, 29 May 2017 at 7:30 PM, virendra goel <goel.virendra@gmail.com> wrote:

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RE: [MTC Global] Time For B-Schools To Look Beyond Corporate Interests, Help Govt

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