Information about the Structure of Management Education in India

At the top are the reputed Institutes of national importance institutes like IIMs and some university departments such as FMS which have maintained the high quality in their teaching and research of management education.
The second rung institutes are those started by industrial houses, private institutes and state level educational institutes like MICA, Symbosis and so on, which offer quality management education at par with these reputed institutes. These come under the category of “Non University Autonomous Institutions”. The third level management Institutes in India are the University departments and other Open Universities which are providing management education through correspondence, distance and part-time.

In India all educational institutes, those who are providing management education are certified by the All India Council of Technical Education (AICTE). In India management study and training come with  various courses  –Master of Business Administration (MBA), Master of Management Studies (MMS), Master in Finance Control (MFC), PG Diploma in Business Management, Post-Graduate Program in Public Management & Policy (PGP-PMP), Master of Public Administration (MPA), PG. Diploma in Management (PGDIM), PG. Diploma in Human Resource Management (PGDHRM), PG. Diploma in Financial Management (PGDFM), PG. Diploma in Operations Management (PGDOM), PG. Diploma in Marketing Management (PGDMM) and so on. During the course, there are prospects of internship from campus providing a glimpse into the operation of an organisation.
Eligibility

Graduates with a minimum of 45 percent to 50 percent marks are eligible to apply for admission to management programs. Aspirants have to go through a selection process which includes entrance/admission tests, followed by group discussion and the interview of candidates declared successful in the written test. The aim of the test is to evaluate, under stress, a candidate’s general verbal, mathematical and analytical abilities. The management entrance test in India call for a superior command over the English language, quantitative skills and a sharp mind.

Scope of Management Education

In India a chain of institutions numbering more than 200 universities offering management courses both at the First Degree and Advanced levels has been started. The courses offered at the various institutions to date cover training at the Master’s Degree level for the M.B.A. degree. Master of Business Administration is normally considered to be the basic and ideal post-graduate qualification for taking up a good and rewarding career in management. As per one estimate, every year about 10,000 MBAs are churned out by Indian Institutes of Management (IIMs) and a host of other universities and recognized institutes/deemed universities. A candidate with a good MBA degree finds no problem in getting a good job and freshers are usually inducted as Management Trainees for one to two years, before getting absorbed in regular scales.

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