Current system of Business education is too much cluttered.

MBA has now a days has became the Money Game for the Colleges. Every here and there u will see MBA colleges. As the hype of MBA is going this white colored business is grooming. Education sector became the Education Industry now. From this industry all kind of products are coming out. Some of them of High quality and get absorbed within the Industry but most of them have just done the MBA as a part of their PG.

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The clutter has been created because of the mentality of the educationists to stuff the students' minds with necessary and unnecessary data.It is felt that if even unnecessary data is fed, much of the brain-space shall be vacant for any future data which may be useful.A fresh homework on part of our policy makers is required.But much of their time is being eaten up by bureaucratic norms. Many of the faculty teaching at the B-schools are more or less inclined towards imparting theoretical education--perhaps because of their own upbringing.This has to change, and it should be like training the students to dirty their hands in the field rather than burying their heads into books. Of course, academics has to be a second stage--an essential stage of course--to refresh and reinforce whatever they have experienced in their practical training sessions.Case study is a tool for which the teacher has to be enthusiastic.It should be told to the students that they are expected to study the academic part on their own, and it must be presumed that they are well aware of more than 60% of the theoretical part when it is their first day at the B-school.

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Education is a Responsibility An Institute Charges for this or takes funding from Govt. both must understand this responsibility .

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I would again like to re-iterate and draw the focus on role of Institutions themselves and not of AICTE. As we see all those who have commented are of the opinion that AICTE has all the drawbacks and constraints that a typical government body has. So even if AICTE has a very neatly laid out policy the Institutions will find and are already finding looplholes and carry out the sub-standard work. So keeping all this in mind we should discuss what should Institutes or other non-govt or private bodies or forum like Shiksha can do regarding this.

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I would also invite Govind_S to share his views in this discussion

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Thanks all of you for the wonderful inputs. I agree that all the premier colleges do have very excellent pedagogy and case studies. however, the issue that I want to highlight is what happens in tier-II and lower institutes. They don't have the necessary infrastructure and facilities and charge exhorbiant fees. For Students, MBA is very a lucrative option and they are willing to pay the fees. However, apart from giving a Degree or PG Diploma these Institutes don't really add any value to the students. This is evident from the quality of the students that come out. Coming to growing economy, there is always a space for who has done an MBA , however the kind of work these MBAs do has no connection with what they have learnt. Institutes don't innovate in their teaching methods or content, evaluation etc and simply engage in mass production of MBA who all are the same. This leads to devaluation of the a professional program like MBA/PGDBM.

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Thank you @BMTY for inviting comment but my reaction would be rather sharp and lengthy, so beware of it. Being in different professions, entrepreneur and now an academician, I had opportunity to have a close look on recognition agencies as well as the technical and business education. The requirement of having hundreds of universities and thousands of colleges to cater for burgeoning population of India has bred huge corruption in the education system and 80% of system is not capable of producing business managers, decision makers and leaders. In my opinion, LLB and MBA are two degrees where 50% studies should be through the case studies through experts in the field and this very requirement is being overlooked by majority of business education. Many diversions by the way of different specializations, in the name of niche market, is another issue which is taking down the core syllabus of MBA. Now the clutter is so much that we forgot to produce the leaders.

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A very Nice discussion I firmly believe there is a need to restructure the MBA Course to encourage Entrepreneurship .I would also like to invite Suryap2012 Dr.Goutam Chatterjee Dr MohsinKhan Narendra Roy Nikhlesh Mathur Excel To share their views

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Moreover I'd like to invite Suryap2012 , @suni207 , Aneeket , @Vikas Naidu , aru.chopra , Manmeet Kaur50173 , Shams33519 , @Pooja Kohli , @Nikhlesh Mathur , MSK70515 , Arvind Joshi245 and others to add value to this discussion by sharing their viewpoints on the same.

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A very sharp topic for discussion. I don't know how it remained hidden from our experts. Well, I'd very much agree to what you said that Current system of Business education is too much cluttered. Except the premier B-Schools, most of them are the mere profit making bodies which don'e have to do anything about the scopes, value, quality like parameters of those reputed degrees. There is indeed a need of educational reforms and change in the methods. The industries look out for those who have high feasibility in the corporate world and who have indepth knowledge of practicality of the management components.

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