Quality in Business Education : A Study of the Indian Context

Recently, with the bursting of clicks as well as ethics bubbles, the credibility the business education has taken a beating. The rapid growth and proliferation of business schools, has led to the emergence of some schools having dubious quality – and business education has come under scrutiny. Outside of the US, India now trains largest number of MBAs with about 75,000 degrees annually. The Indian government has liberalized the business education market over the 1990s, resulting in a rapid growth of business schools offering programs at both undergraduate as well as graduate levels. Indian business schools have sought to replicate the US-based organizational, pedagogical, curricula, industry-interface, and academic research models, but are struggling to introduce several adaptations because of the differences in the work culture system. Therefore, it would be fruitful to investigate the challenges for enhancing the quality of business education in India. In the first section of our paper, we will describe a shift from a commercefocus to management-focus in the popular business education in India. Thereafter, quality status of the contemporary business education in India is discussed. Subsequently, we discuss broad issues and challenges. Finally, research implications for the academic quality dialogue are