Management Education
In India
Submitted to: [Link] kumar
Submitted by: Nikita prajapati
Profile of Indian Management
Institutions
Foreign collaborations
of Indian B-schools
Three tier ranking: B-school competency
factors
Process of student
TIER 1
TIER 2
selection
TIER 3 Programs offered
Curriculum
Student Profile
Management Faculty
Placements and Salaries
Profile of Indian Management Institutions
Three Tier Ranking
Tier 1
IIM-A, IIM-B, IIM-C, IIM-L, MDI, XLRI, ICFAI, FMS,
JBIMS, Symbiosis, IIFT, NMIMS, SPJIMR,
Tier 2
ISB, MDI, FMS, NITIE, Shailesh Mehta (IITM), TISS,
UBS (Chandigarh), IITD, LIBA, IRMA, XIMB, IIM-I,
IIM-K
Tier 3
All other management institutes in India
Management Education in India
MBA – now a preferred course
>1100 b-schools, >65,000 MBAs a year
Globalization of MBA curriculum
Tie-ups and exchange with foreign business
schools – common
Types of management school
◦ University departments
(Undergrad & postgraduate)
◦ University affiliated colleges
◦ Stand-alone Institutes
◦ Unaffiliated independent schools
◦ Dual-degree with foreign b-schools.
Management Education in India
Business School Programs
◦ General/ Sectoral/Functional MBA
◦ Full time (1yr/2yrs), Part-time (non)residential
◦ Executive MBA programs (various modes)
◦ MBA through the distance mode (IGNOU)
Thriving executive development programs
Doctoral & faculty development programs
Management research programs
Student Selection Process
Academic Requirements
◦ Bachelor's degree in any academic field (3 year or 4
year)
◦ Work experience generally not required
Admission Tests (written)
◦ IIMs and other schools - Common Admission Test
CAT is used by leading Indian schools
◦ Other admission tests like GMAT
◦ State sponsored common eligibility tests
Group discussions and personal interviews
Curriculum
Typical structure
◦ Foundation course in basics (such as statistics,
accounts, and economics) in the first year
◦ Core subjects also in the first year
◦ 8-10 week summer training in companies
◦ Electives in the second year (taught courses or
projects of varying lengths)
Trimester or semester system
Placements and Salaries
IT sector, major recruiter on top 30 campuses.
Investment banking back-offices & equity research
emerging as important recruiters
Median salary at IIMs: 5x the annual fee
◦ Average salary for Indian placements is Rs. 800,000 per
year
(International $ 80,000)
Median salary at Tier-3 schools: same as fee.
◦ Average salary for Indian placements is Rs. 250,000 per year
(International $ 28,000)
Why Business School in India?
> 50% of Fortune 500 companies
Indian talent recruited for overseas jobs
◦ African and Central Asian countries recruit people from
India for banking, insurance and general management jobs
Low costs despite hike in Indian salaries
With foreign companies making a beeline to India in search of
markets, the opportunities in the management sector are
increasing
Many companies increasingly desire leaders who have the
ability to live successfully in a variety of countries and work
with co-workers of varying cultural backgrounds, especially
Asia.
Opportunities for collaboration with
Indian B-schools
Expansion of existing initiatives
◦ Exchange programs (student and faculty)
◦ Research collaboration
Possible new initiatives
◦ Dual degree programs and multi-country degree
programs
◦ Country visit by students
◦ Joint executive education programs
Importance of Management
Education In India
From a shortage economy of food and foreign exchange,
India has now become a surplus one.
From an agro based economy, India has emerged as a
service oriented one.
From the low-growth of the past, the economy has become a
high-growth one in the long-term.
India being a largest democracy with stable, mature, vibrant
and exemplary democratic governance and institutions,
boasts lots of quality B-Schools attracting intellect student
community in large number every year.
Thank you