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All India Institute Of Management Studies

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Service category: Education


India is at the threshold of the 21st century. The downfall of the U. S. S. R. and the success story of Glashost and Perestroika is the main feature of the second half of the 20th century. Winds of change are blowing all over the world and India is no exception to these sea changes. The transformation from regulation to liberalization, from protection to globalization, from planned economy to market-oriented economy demand a new approach to deal with all types of problems.

At the time of independence, Indian economy was developing and hence we required bureaucratic management skills. However 50 years after independence, the Indian economy has become more mature and hence we require entrapreneural management skills. Our management schools have failed to meet this challenge. Therefore there is a need to revamp our management education.

Growth of Management Education

In 1950, the Department of Commerce of the Andhra University Started the first M.B.A. programme in India. In 1963, Indian Institute of Management, Ahemedabad was set up in collaboration with the Harward Business School. The 1950s and 1960s witnessed the growth of commerce education and 1970 and 1980s witnessed the growth of Management Education in India.

There has been a tremendous growth of management institutes in our society. Every year about 14,000 students pass out of management schools. Keeping in mind the demand, the supply is very meagre.

Management courses have become 'Academic Courses' rather than 'Professional one' . Management Institutes, barring a few exceptions, have reduced to commerce colleges . There is an urgent need to restructure management education to meet new challenges of 21 Century.

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