Perhaps the most exciting opportunity for MBA programmes will be to craft a life-long experience for its students rather than one limited to one or two years
This overhaul is likely to comprehensively reform the design, content, and delivery of management education in the country
Softer skills are the subjects critical for success today. They will lead to implementation of bright ideas by the brightest minds, teamwork, collaboration and entrepreneurship
For one, stop treating your B-school as a glorified placement office
Number of centres up from 376 last year to 430, registrations down by over 15,000
Internship duration likely to reduce from the usual 8-10 weeks; while virtual internships might happen, offline might be somewhat impacted in summer 2021
The standard XAT admission process will integrate the students of both campuses, besides having in place a common curriculum, syllabus, pedagogy, e-library facilities, and a joint placement process
On-campus activities were suspended throughout the lockdown period
Emulating major global B-schools like Harvard and Stanford for the first time, IIM Ahmedabad recently launched a Rs 100 crore endowment fund with the help of alumni with an aim to raise Rs 1,000 crore
Alumni's initial commitment Rs 1,00 crore, B-school aims to raise Rs 1,000 crore in 5 years
In some cases, existing internship offers have even been cancelled or squeezed to 5 weeks from the normal 7-8 weeks
Traditional manufacturing firms stay away, mainly because of the ongoing slowdown
Privately managed institutes are more than holding their own in those places
The final scores are used to classify business schools in different categories
Rigour versus relevance is a debate that the B-schools need to engage in
The environmental impact of businesses is now an issue of global importance, and B-schools must respond
Specialisations need to be ahead of their time to cater to future businesses
Barring a few, most of the B-schools end up as mere fillers for aspiring students
Let us now take a look at possible scenarios in the Indian business education sector
Over 90% of what the students at a business school get taught is very high financial analysis