Management Education in India

There are more management institutes in India this time than ever, in any other country, perhaps. This was not the case a few years back when education was not an industry and under strict government control. This was only when government decided to liberalize its policies to attract more foreign investment in the country, and the foreign investors faced an acute problem of qualified workmen for to help them manage their businesses here. Government immediately loosened its lead on education sector and liberalized it. This privatisation move resulted into a lot of management institutes all over India. Earlier, it was feared that the lost of control over education will spoil the quality of it but it is not so. The privatisation raised a staunch competition in between the colleges and institutions and forced the survivors to provide high level of education which is directly applicable to current industries.

Apart from IIMs (Indian Institutes of Management), the top b-school in India, there are many private institutes which are imparting quality management education with all major specializations. These institutes are regularly updating their curriculum and strategies to make their students highly competitive in global arena.

Likewise there are different types of management courses to suite all level of management aspirants, for example MBA (Master of Business Administration) is a three years full-time program for graduates. It is available in almost each segment of business requirement like:

MBA HR (Humane Resource)
MBA Finance
MBA Marketing
MBA Banking & Insurance
MBA Retail
MBA International Business
MBA Pharmaceutical

Likewise, there is another course PGDM (Post Graduation Diploma in Management), for working executives and is reckoned as equivalent to MBA. And there is another course BBA (Bachelor of Business Administration) for those who have just completed their schooling and want to take up a course in management education that opens door in corporate world.

The competition has even made it easier for the management aspirants to complete these courses without any financial, time or age restrictions. Those who want to make a career in management students can avail education loans, join courses on part-time or week-end classes basis and can join a course at any age.