Indian Institute of Management-Ahmedabad and Indian Institute of Management-Calcutta organised the first ever conference on “Management Education: The Road Ahead”.
On the first day of the two-day seminar, leaders in the management education and recruiters agreed that the present curriculum in IIMs and the other B-Schools in India need a revamp.
IIM-A Director Samir Barua said in his inaugural speech that the conference was a fallout of many emails he received after the global meltdown in 2008, asking about the scenario in the IIMs and whether things needed a change.
IIM-C Director Shekhar Chaudhari said that before 1991, India had a very steady rate of growth. But after that there has been a rapid growth with the proliferation of MBA institutes.
“Today we stand at a very critical juncture. I believe that India needs a higher number of quality educational institutes. We face great challenges because we have a huge number of students opting for MBA but institutes are not able to provide education to all,” said Chaudhari.
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