Management Education in India

Within past few decades the Business School sector took the entire world of management by a storm. As per statistics, in 2000 there were 600 colleges offering 70,000 MBA seats. However, by the end of 2009, the number increased to 1,400 colleges offering 120,000 seats. An exponential increase in the number of B-schools has increased the contrast between the requirement and availability of the qualified faculty. The acute shortage of the qualified teaching professionals has led to a gap between Industry and academia.

A group of likeminded social entrepreneurs, who believe in bringing a change for betterment of the society, partnered with various educational institutions and providing them with a platform for interaction of industry professionals and student community through a channel named “GuruDaksh”. This enabled exchange of knowledge, along with an opportunity for the students to learn from the experience of these professionals and to provide an opportunity for the students to learn from the experience of these professionals.

However, students through their classroom courses learn various theoretical concepts without even realizing the practical application of these concepts in the industry. This is primarily due to very minimal participation of the industry professionals in the academic world. The two most important pillars of the society – academia and industry are working in isolation resulting in minimum knowledge sharing. This phenomenon results into our universities churning graduates and post graduates who need six months to one year of ‘training’ again before they start performing as true professionals. GuruDaksh’s aim is to bridge the gap between the industry and the academia by providing the finest of the faculty to the institutes.

GuruDaksh provides its services for empowering academia as well as nurturing students by enriching the student community with professionalism, meeting and/or exceeding industry expectations. And this is bound to have a positive effect on the quality of education imparted by the business management institutes in India.