Importance and limitations of management education in India
Jain Minal Mahendrakumar, Dr. Rajesh Rathore
Management Education in India is predominately a derivative of western management thought and practice. Occasionally, management schools draw some inferences from Indian epics, shastras and practices. It may be worthwhile to notice that management itself as a discipline has evolved from fundamental disciplines of philosophy, psychology, economics, accounting, computer science, mathematics, statistics and industrial engineering. Management education in India has witnessed inevitable growth since it was initiated in a planned manner. The objectives, diversity, span and spread of this growth can be understood through a historical account of management education in India presented. Here we have the study of origin of management education, establishment of different institutes and landmark events that have shaped the present management education system in India. It has also get done on secondary sources including books, research papers, articles, newspapers and government reports as well as the authors’ interaction with leading academicians across India who have developed important management institutions.