The growth of India?s services sector, its role towards GDP, and its increasing share in business and investment has attracted global attention. Unlike other countries, where economic growth has led to a shift from agriculture to industries, in India, it has been a shift from agriculture to the services sector. To support the above mentioned views, India has emerged as the single largest provider of global talent, with 25% of graduates in the world being a product of the Indian education system. The Indian education sector is distinguished as a ?sunrise sector? for investment in the recent years. Management education is gradually reflecting the changes appearing in the country?s business environment. Management schools offer the education with a special focus on technology. Management education in the present competitive global market is facing challenges and opportunities to assure quality education from the student?s skill development point of view. Findings and observations in various studies indicate that, education sector is facing a severe problem of talent crisis. Western B-schools are scaling the professional ladder but business schools with in India are struggling in the comparative scenario. The lack of highly skilled and committed faculty members has resulted in low student skill development. The first step for society?s development is specialty and skills, which are lacking especially in poor societies who do not have access to education. Therefore, it is necessary to plan for education development by the states, because of the tremendous opportunities. There is a higher education sector in India to respond to escalating shortage of skilled and educated students/manpower. Students who aspire to be ?Industry ready? are also demanding high quality education in conventional and non conventional streams of education. This paper covers partly the theoretical concepts and partly the empirical study which gives the inclusion about role of academia and governing agencies in brining innovations in B-schools and for sustainable growth of responsible management education.
Academia, Sustain, Strategy, Management, Education, Growth
Dr. Roopa Temkar V , Dr. N. Sandhya "Academia And Governing Agencies - As Regulators In Bringing Innovation In B-schools: An Analysis With Respect To Management Education" Iconic Research And Engineering Journals Volume 3 Issue 5 2019 Page 141-148
Dr. Roopa Temkar V , Dr. N. Sandhya "Academia And Governing Agencies - As Regulators In Bringing Innovation In B-schools: An Analysis With Respect To Management Education" Iconic Research And Engineering Journals, 3(5)