Are Indian MBA Schools Global and Market Oriented?

Abstract

This viewpoint paper assesses the place of Indian B-Schools, and especially the MBA, within the context of the global economy. The study highlights the trend in MBA provision in India with a view to exploring how MBA graduates may be better equipped, and positioned, to take up managerial opportunities provided by the influx of Multinational Corporations (MNCs) into this emerging market. Overall, the study observes and reports that the demand-side seems to outweigh the supply-side on a range of areas – from the lack of qualified instructors, through the poor teaching practices and quality assurance mechanisms. The study surmises on the need for B-Schools in India to forge strategic partnerships, international networking arrangements and ultimately international accreditation.

Keywords: Quality Assurance in Higher Education; Global competitiveness; Business Schools (B-Schools); India

JEL Classification: O15