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What Makes A B-school Good?
Is it the multi-acre air conditioned campus? Is it an army of faculty having
decades of teaching experience? Is it the list of blue-chip companies on
their board? Is it the flurry of promises made about the placements? What is
it? This is a million dollar question which the multi-billion dollar
education sector in India is facing and still unable to find an answer to.
All these factors are indispensable, but their presence doesn't ensure the
'ideal' business school'.
"Over regulated and under governed" would best describe the largest sector
in India. Considering the fact that two-thirds of the billion plus
population of India belong to the 'youth' segment, the target market for
this sector is gigantic. But also rising at an equally rapid rate is the
'commercialization' of this process.
Today, an average Indian's lifestyle and aspirations have changed by leaps
and bounds. With increasing consumerism hiking search for high-paying job
opportunities, the demand for management schools has seen an
uncharacteristic surge and holds immense future potential as well. With time
however, students have realized that there is more to a B-school than just
placements and aesthetics. Today they are aware that the quality of
education imparted and the modes of this knowledge transfer are equally
important. Students are now broadening their vision and looking at a stint
at a b-school as a value addition process and eventually value creation for
the corporate world and society as a whole.
by: soilindia
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