Management Education In India
I’m sure every student dreams of making it big, and I’m sure that more than half of us wanted to do an MBA sometime in our lives. Strangely enough, the condition of the markets in India right now is such that an MBA is considered a necessary evil to make it big. More people are now valuing their education by the number on their paycheck. Maybe it’s not so sad a situation after all.
The other day, Sandeep, Joel and I had quite an enlightening dinner with the country’s more accomplished educators – Dr. Bakul Dholakia. He’s currently the director of the Adani Institute of Infrastructure Management and the Advisor to Adani Group. Prior to joining the Adani Group, he was the director of IIM, Ahmedabad. A gold medalist from Baroda University and PhD in economics, he has 39 years of professional experience including 33 years at IIM, Ahmedabad.
During the course of his long tenure at IIM Ahmedabad, Dr. Dholakia occupied the Reserve Bank of India Chair from 1992 to 1999, served as the dean from 1998 to 2001 and as the director of the institute for a period of five years from 2002 to 2007. In 2007, Dr. Dholakia was awarded Padma Shri by the Government of India in recognition of his distinguished services in the field of education.
So, understandably I was a bit apprehensive about meeting such an accomplished individual. We spoke a lot about the offerings of AIIM and how it stands out from other business schools in the country, and we also discussed the potency of the online media, especially blogs and SNSs (Social Network Sites), in building businesses, networking and reaching out to a large number of people, and have an immediate impact on the operations of any business.
New tools and techniques are continually being introduced to improve the efficiency, productivity, and profitability of any organization. All organizations and their departments, functions, or groups use management methodologies, which include problem solving techniques and guidelines for various related activities.
According to Dr. Dholakia, any institution offering an education in business management must aim at increasing the understanding of the factors which influence the ‘conduct’ of organizations, while providing students with the tools and techniques that they may use to influence organizational life. Perhaps this is what is happening nowadays. Institutions aim to influence the economy in general, but are found lacking in certain major areas of development.
More about the courses at AIIM can be found here.