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!'B-school curricula
need a revamp'
DlvyaTrivedi deeper into the implications NewDelhi,Jan.13 and causes of the meltCurricula at business down'?" he asked,giving the schools has not kept pace example of the theory of with the rapidly changing marketderivatives. characterof the Indian econFurther, Mr Bhattachomy, said Mr B. Bhattach- aryya said there is a decline ~a, Vice-Chairman,111M in number of applicants to Institute of Higher Educa- the B-Schools over the past tion. few years due to high costs, "B-school curricula re- stagnationin entry level salamai,nfixed on their domestic ries at campus recruitments orientation. IIM-C, IIM-K and longer pay back periods and ISB have only one core for students who take loans paper on globalisationissues. to fund the degree. The rest havenone," said Mr B-Schools would have to Bhattacharyya. He was figure out how to survive as speaking at the National Re- financially viable and intelsearch Conference on Glob- lectually sound institutions alising India -Role of and get readyfor that eventuB-Schools organised by the ality for survival, Mr Bhat., All India Management Asso- tacharyyaadded. ciation. Setting up of a National When the B-Schoolsdo of- Commissionfor Higher Edufer a course on international cation and Research issues in certain areas, it (NCHER) would changethe seeEsmore as agesture than Indian education system, asa matter of substantivere- said Mr Narendra Jadhav, orientation, Mr Bhattach- Member National Advisory ~a said. Council and Member PlanThe failure of B-Schools ning Commission, speaking lies in their intellectual in- at the conference. ability to understandthe con"Within two years,various ditions under which the bills in the education sector results of academicresearch including compulsory acare transferable to real- creditation, bill for prevenworld applications,he added. tion of malpractices in engineering and medical inWIDEGAP stitutions and bill for foreign The global financial disaster ed.wcation providers will has brought the issue of gap bring in a metamorphic in curriculum to the fore. change in the entire educ~. "Should not B-Schools dig tion system,"he added. ~ A T d fl

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