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3. Accreditation:
For MEEs which wish to go beyond rating, the Standing Committee shall
determine the criteria and the processes of accreditation in consultation with
experts from academia and industry. Mentoring to help MEEs sustain quality
standards should be an integral part of the process. Select international
accreditations may also be recognized. Branding of accreditation, similar to
international standards such as ISO9001, may be considered to encourage MEEs
to pursue excellence.
4. Improve access:
In addition to the framework of affirmative action already in place, we
suggest improving access based on work experience and educational loans. NKC
believes that management education can be made available to a much wider
student community by adopting a two pronged approach. First, we suggest that
more weightage be assigned to work experience in admissions. This would help
in overcoming disadvantages faced by prospective students due to lack of
proficiency in English. Secondly, steps may be taken to ensure easier access
to educational loans through banks. Default concerns can be addressed if the
respective MEE and the first employer cooperate with the banks. MEEs must also
offer scholarships to socially disadvantaged students.
5. Social context:
It is essential to widen the scope of management studies and enhance its
relevance.
- Sensitize management
education to our unique socio-cultural situation by including India specific
case studies in the curriculum, reflecting our diversity and incorporating
traditional wisdom.
- Integrate management
with other knowledge sources and increase research funding for management and
supporting disciplines. With globalization, the need for management education
to pursue a wider scope and realise a more wholesome impact on society has
increased. Management departments in universities should therefore draw upon
knowledge sources in other departments.
- Encourage MEEs to
design and offer executive programs for government officials, NGOs and defence
personnel. Short term courses for government officials will help them in their
role as economic managers.
- Revamp the existing
Bachelor’s degree in management, the Bachelors in Business Administration, to
cater to the burgeoning need of management graduates. Compulsory
apprenticeship in organizations and study of under managed sector areas should
be included as part of the program. The current text bookish nature of the
curriculum is not sufficient to prepare students for junior management levels.
- Distance learning has
considerable potential in this domain. We therefore need to fully realise the
potential of Online Management Programs to bridge the demandsupply gap.
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