B-schools need to internalize future vision for growth of MBA Education: Vineet Nayar @IMC

NOIDA, India - Aug. 3, 2013 - PRLog -- The 4th Indian Management Conclave (http://www.mbauniverse.com/article/id/7037/) began on Aug 2 in New Delhi with the inaugural speaker HCL Vice Chairman Mr Vineet Nayar exhorting B-schools to re-shape their future vision and internalise that vision into all aspects of their functioning for quality growth of MBA Education.

"The crisis in MBA Education is apparent with the average output quality taking a dip. But this dissatisfaction on quality among stakeholders brings a good opportunity for B-schools to re-shape their future vision," Mr Nayar said.

"This is high time for MBA institutes to identify their weak areas, reshape their future vision and internalise their dreams in every aspect of their functioning for growth of Management education," he said, adding, "B-schools should not talk about past, but they should plan future with a leadership approach."  

He said, "First, there is a great need to create belief among B-schools that they can produce leaders. The second important step should be to align every process towards achieving that goal only."

The inaugural session at the 4th Indian Management Conclave (http://www.mbauniverse.com/article/id/7038/) was also addressed by Dr Devi Singh, Director, IIM Lucknow & Dr Lin Zhou, Dean Dr Zhou Lin, Dean, ACEM, Shanghai Jiao Tong University, Shanghai. The theme for 4th IMC is 'Enhancing the Value of MBA'.

Dr. Devi Singh said that B-schools should focus more on out-of-class learning process where students get real-world insight & focus on research to enhance their output quality.

Dr singh said that the management practices is changing and B-school curriculum must adopt this change in their curriculum as well. "Market is changing very fast. B-school curriculum must keep pace with the same to be relevant to the ever-changing scenario."

He said that B-schools must engage faculty and students in finding different ways of solving specific industry problems. "This will help both industry and academia to enrich from each other's experience," he said.

Dr Lin Zhou said that the MBA Education across the world must carry a global perspective and also collaborate with industry in as many different ways as possible. He said that MBA Education in China focuses on quality. "The size of  Chinese MBA Education is just one-tenth of Indian B-schools. But, on quality front our country has done reasonably well," he said, adding, Chinese B-schools are increasingly going for global exchange programs and possible partnerships with Indian B-schools will further enrich value of MBA programmes in both the countries."

Addressing a special session on 'setting the context' of 4th Indian Management Conclave (IMC),  Bharti Airtel Human Resources Executive Director Mr Krish Shankar, said that B-schools today need to develop different point of views on the current market practices. "B-school today need to question the current market practice. If B-schools can identify a better way of management, they can go to the next level," he said.

"The Indian B-schools have great strength in terms of number of students getting enrolled for different MBA programmes every year. The B-schools must build on this strength and work on their delivery model to develop leadership qualities among the students," he said.

HRD Minister of State Dr Shashi Tharoor will address 4th Indian Management Conclave 2013 on Aug 3  and give away 1st IMC Awards 2013 to winners. He will be the Guest of Honour and Valedictory Speaker at the Indian Management Conclave on August 3.

The 1st IMC Awards 2013, held in conjunction with 4th IMC, will highlight ideas that some of the B-schools have adapted by changing landscape, updating their curriculum, placement efforts, and adding a lot more strength to their marketing plans. A selected set of 12 IMC Awards 2013 finalists are showcasing their innovative ideas and unique initiatives through case-study presentations at Indian Management Conclave (IMC) to be held on August 2-3, 2013 in New Delhi.

Stay tuned to MBAUniverse.com for more news and updates on IMC Conference & Awards 2013.