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Smot Essay

Smot Essay

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Published by anandsathya
Anand's essay work. Done for SMOT essay contest.
Anand's essay work. Done for SMOT essay contest.

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Published by: anandsathya on Jun 25, 2009
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08/06/2009

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Out of 30 lakh students who graduate every year only 5 lakhchoose management course for their PG, in what way couldthis figure be doubled?
Introduction
Every year nearly 5, 00, 000students aspire for and take admission in management andits variants.But the number is certainly not satisfying considering the 30, 00, 000graduates who pass out every year.A study about the factors which influences studentsfrom taking up or not taking up management coursestells us a different story.
1. Quality vs. Fees Factor
The quality of pass outs from various university schools and private autonomouscolleges is a serious matter of national concern
.In fact,stage has already reached where any one aspiring to get MBA/PGDM levelcertification can now get entry in one or other school somewhere in India or even inforeign Universities and Institutes. But what really matters is the quality of managementeducation those candidates get.When graduates who pass out of their collegefind thatmanagementgraduates aren’t recognized by the leading employers, they tend to shunaway from the course.
The student is in quandaryas to what to choose
and
how to choose
and what shouldbe
fair expenses for getting this PG level BusinessManagement education degree ordiploma and will be it really worth?
Whereas on one hand employers, students and their parents are concerned about qualityof these PG pass outs, on other hand ,
a plethora of regulatory bodies
have miserablyfailed to improve and maintain quality. Large numbersof unapproved and fly by nightpeople are running institutes in engineering, management and other professional coursesand
students and employers both should beware of this
. No where in world the highereducation is unregulated. USA has most rigorous accreditation process.
Education isessentially non profit work
but has been turned into a tax free, free-for-all business inname of liberalization and reforms. Governments in India have abandoned their duty tokeep fees in check and regulate higher education.All those so called business leaders who now head boards of IIMs and other Institutesshouldtake out and donate a part of their revenue to these Institutes instead of blindlyraising fees and causing wide spread damage and inflation in the country. It is highlyirresponsible act.
 
It is time to set up National Pricing Commission in education and an IndependentRegulatory Authority for accreditation with law for compulsory registration of alleducational Institutes in India from Middle schools to PhD level (especiallyTechnical education) and treat the infringementas criminal offense and attachmentof all assets.
Like any sunrisesector, a large number of industrial houses of past have jumped intoEducation business as it is easy money, no risk investment , no creditneeded to be givenin market and
there is no perceptible ability of customers ( students, parents andemployers) to compare and value quality.
Scenario must change and access to management studies should be easily available tograduates. Quality of the course must also be keenly monitored.
2. Technology Factor
There are numerous commercial and pedagogical (teaching) models that haveemergedacross the country
. But Still?The latest revolutions in convergence technology based on internet, microwave andsatellite transmission have helped this surge. A number of third rate institutes anduniversities have jumped on bandwagon to make money by launching distance educationprograms (Like State Technical Universities with very poor standards headed bypolitically appointed and retired outdated persons), which these same universitiesthemselves don't recognize for their own various purposes.
Aren’tIndian students cheated and deprived of what they deserve?How would agraduate be encouraged when there isn’t enough facility, in spite of thetechnological advancement?
All B-Schools must provide good system of education.This will encourage young minds to take up management courses.
3. Overstatementsand False Publicity
Many B–schools claimthemselves as
centers of excellence
and
charge huge fees (IIMsincluded)
.This is also true for State aided or controlled, university affiliated private or autonomousinstitutes alike, and new private universities. On the whole education in managementexcepting for a few universities' own campuses is substandardand
avoidable for variousreasons
.The major problem with management education in India is the foolishrules and lawsgoverning themand interference of state governments in not allowing
at leastreasonable fees
for quality education in name of popular welfare measures andexploitation.

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