In this rapidly changing global scenario, management education needs to be constantly updated.
Some of the challenges in management education in India today and some suggestions to address them are:
Management education in India emphasizes mostly on theory while practical education lags behind. When it comes to engineering education the theoretical facts can be verified by experiments in laboratories. Similarly management education needs to focus on case study driven methods to ensure the necessary takeaways for its students.
It is also necessary for students to have some industry experience which enables them to relate more to what is being taught in the classroom. Unfortunately this does not work in many cases as most students pursue their education KG to PG without any break. This not does not give them the necessary industry exposure and they find it tough to digest the management courses being taught.
Most of the management education across the globe is case study driven and the educators in the field have a blend of industry, research and consultancy experience. The educators are able to share their industry knowledge with students. With the existing gap between industry and academia, India lacks such educators (or at least in lower rung colleges).
- Interact with the industry and find their pulse before crafting management curriculum
- Encourage students to interact with industry to meet the industry expectations
- Make sure the faculty have diversified experience including industry, research and consultancy experience
- Providing team education in classroom where two educators, one from industry and another from teaching teach together. It helps student connect theory with practical knowledge
Alpha College of Engineering is among the top engineering colleges in Chennai offering management degrees as well. It offers MBA with four specializations HR, Finance, Marketing and Systems Operations. Alpha places great emphasis on developing strong links with the industry through joint programs, invited lectures and workshops. An MBA also gives you a variety of career opportunities and if you are an engineering graduate it gives you more chances to switch to a managerial position and move up the corporate ladder quickly.