Management Education: The Need of the Hour

Mangement Institutions in India

The growing and chaotic global marketplace makes it extremely important for all of us to at least have an understanding of the fundamental connections among the environment, society and business. The role of business as a universal and international force is the need of the hour.

Growing complexity and interdependency needs new approaches. The companies require various management tools that would help in dealing with environmental and social concerns. Talented leaders and managers are required to integrate various business issues, put forward organizational goals, fulfill legal obligations, and most importantly deal with the impacts and potentials of the business in order for the society to develop.

Management Education helps the management aspirants to grow as efficient decision makers through managerial skills and knowledge in their fields. The management programmes are so designed that will broaden and develops interpersonal, conceptual and management alertness of the students for the implementation of different strategies. It trains the students to solve contradictory and incompatible business issues, develop decision making capabilities, understand the intricate business situation, take quick management decisions and also face the effects of such decisions and above all emerge as leaders for the organization and also the country.

Educational institutions help in shaping the outlooks and performance of the business leaders through education, management development programmes, research and training in the field of Business. Thus the academic institutions are capable of generating a positive change in the society thereby creating and ensuring a world that would help both the societies and the enterprises to flourish.

Over the past few decades a large number of management institutions have emerged all across the world including India. Like in other parts of the world so in India, the students now have the opportunity to select from a wide range of management institutions in India. In the area of management education, India boasts of more than 1500 institutions providing varied undergraduate and post-graduate programmes. A close look at the social scenario reveals that the unpredictable business situations definitely make the management education, the need of the hour.