Thursday, 21 July 2011

B-Schools plan course revamp for industry-ready graduates - The Economic Times

Indian business schools will together attempt at changing the course curriculum last tweaked by some of them in the aftermath of the 2008 global financial meltdown. Driving the change this time will be corporate needs in emerging markets and not just economic compulsions. This is the first time that B-Schools will jointly brainstorm on curriculum.

A few institutes including the IIMs introduced subjects like ethics and social-cultural environment two years ago when MBA education was under fire for causing the sub-prime crisis and later failing to contain the global recession. Now companies picking up grads from campuses are increasingly seeking on-field experience, sending institutes into a huddle for a long-term revamp plan.

Some 65 representatives from vario US 30 B-Schools (including six IIMs) and some companies will meet at a conference on Friday to kick off what is termed as a process to decide the road ahead for management education in India. Roadmap that emerges from the conference will be shared with Indian B-Schools to help them reformulate their curricula," says IIM-A faculty Vijaya Sherry Chand who is a member of the conference's organising committee.

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