The century old American AACSB International — the world leaders in providing accreditation to management programs — produced a report “Management education at risk” more than a decade ago based on its assessment of the state-of-the-art international business education. They could have easily said this specifically about India where management education is truly in peril, thanks to the inability of the system to defend it against the increasingly stifling regulatory control that affects intake, fee, faculty recruitment and institution building.
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