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Management Education in India: Submitted To: Ms - Sarita Kumar Submitted By: Nikita Prajapati

This document discusses management education in India. It outlines a three-tier ranking system for business schools, with tier 1 being the most prestigious institutions like IIMs. It describes the various types of management programs offered, the student selection process, typical curriculum structure, and career outcomes. Placements are strong at top schools, with median salaries at IIMs being 5 times annual fees. The document also discusses opportunities for international collaboration between Indian business schools and foreign institutions.

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Nikita Prajapati
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26 views

Management Education in India: Submitted To: Ms - Sarita Kumar Submitted By: Nikita Prajapati

This document discusses management education in India. It outlines a three-tier ranking system for business schools, with tier 1 being the most prestigious institutions like IIMs. It describes the various types of management programs offered, the student selection process, typical curriculum structure, and career outcomes. Placements are strong at top schools, with median salaries at IIMs being 5 times annual fees. The document also discusses opportunities for international collaboration between Indian business schools and foreign institutions.

Uploaded by

Nikita Prajapati
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Management Education

In India

Submitted to: Ms.Sarita kumar

Submitted by: Nikita prajapati


Profile of Indian Management
Institutions
 Foreign collaborations
of Indian B-schools
 Three tier ranking:  B-school competency

factors
 Process of student
TIER 1

TIER 2
selection
TIER 3  Programs offered
 Curriculum
 Student Profile
 Management Faculty
 Placements and Salaries
Profile of Indian Management Institutions
Three Tier Ranking
 Tier 1
IIM-A, IIM-B, IIM-C, IIM-L, MDI, XLRI, ICFAI, FMS,
JBIMS, Symbiosis, IIFT, NMIMS, SPJIMR,
 Tier 2
ISB, MDI, FMS, NITIE, Shailesh Mehta (IITM), TISS,
UBS (Chandigarh), IITD, LIBA, IRMA, XIMB, IIM-I,
IIM-K
 Tier 3
All other management institutes in India
Management Education in India
 MBA – now a preferred course
 >1100 b-schools, >65,000 MBAs a year
 Globalization of MBA curriculum
 Tie-ups and exchange with foreign business
schools – common
Types of management school

◦ University departments
(Undergrad & postgraduate)

◦ University affiliated colleges


◦ Stand-alone Institutes
◦ Unaffiliated independent schools
◦ Dual-degree with foreign b-schools.
Management Education in India
 Business School Programs
◦ General/ Sectoral/Functional MBA
◦ Full time (1yr/2yrs), Part-time (non)residential
◦ Executive MBA programs (various modes)
◦ MBA through the distance mode (IGNOU)
 Thriving executive development programs
 Doctoral & faculty development programs
 Management research programs
Student Selection Process
 Academic Requirements
◦ Bachelor's degree in any academic field (3 year or 4
year)
◦ Work experience generally not required
 Admission Tests (written)
◦ IIMs and other schools - Common Admission Test
 CAT is used by leading Indian schools
◦ Other admission tests like GMAT
◦ State sponsored common eligibility tests
 Group discussions and personal interviews
Curriculum
 Typical structure
◦ Foundation course in basics (such as statistics,
accounts, and economics) in the first year
◦ Core subjects also in the first year
◦ 8-10 week summer training in companies
◦ Electives in the second year (taught courses or
projects of varying lengths)
 Trimester or semester system
Placements and Salaries
 IT sector, major recruiter on top 30 campuses.
 Investment banking back-offices & equity research
emerging as important recruiters
 Median salary at IIMs: 5x the annual fee
◦ Average salary for Indian placements is Rs. 800,000 per
year
(International $ 80,000)
 Median salary at Tier-3 schools: same as fee.
◦ Average salary for Indian placements is Rs. 250,000 per year
(International $ 28,000)
Why Business School in India?
 > 50% of Fortune 500 companies

 Indian talent recruited for overseas jobs


◦ African and Central Asian countries recruit people from
India for banking, insurance and general management jobs

 Low costs despite hike in Indian salaries

 With foreign companies making a beeline to India in search of


markets, the opportunities in the management sector are
increasing

 Many companies increasingly desire leaders who have the


ability to live successfully in a variety of countries and work
with co-workers of varying cultural backgrounds, especially
Asia.
Opportunities for collaboration with
Indian B-schools
 Expansion of existing initiatives
◦ Exchange programs (student and faculty)
◦ Research collaboration
 Possible new initiatives
◦ Dual degree programs and multi-country degree
programs
◦ Country visit by students
◦ Joint executive education programs
Importance of Management
Education In India
 From a shortage economy of food and foreign exchange,
India has now become a surplus one.

 From an agro based economy, India has emerged as a


service oriented one.

 From the low-growth of the past, the economy has become a


high-growth one in the long-term.

 India being a largest democracy with stable, mature, vibrant


and exemplary democratic governance and institutions,
boasts lots of quality B-Schools attracting intellect student
community in large number every year.
Thank you

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