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Latest Articles in magazine 14 december 2015

Preparing For The Real World

Is higher education in India preparing our students for the real world? Surveys in the recent years have time and again revealed that less than one-third of the young population joining the workforce has the employability skills that employers are looking for.

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The Future Of Higher Education In Hands Of States

Competitive federalism is the buzzword in India. As such, education in general, and higher education in particular, are also now catching up with this spirit of competitive federalism.

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State-wise: Total Approved Institutes

Educationists agree that privately run institutions must be self-reliant, and that surplus, not profit, should be the objective

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An Agenda For Education And Skills Development

India has a unique opportunity to transform itself from an emerging economy into a developed economy over the next one to two decades. The opportunity is due to the demographic dividend expected from the young in an ageing world. The average age of an Indian in 2020 will be 29 years, against 40 in the US, 47 years in Japan and 37 in China. Over the next two decades, the labour force in the industrialised world is expected to decline by 4 per cent, whereas India’s workforce will increase by 32 per cent from the current level of 487 million.

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Over 1,000 Education And Research Partnerships

International students looking for a world-class education should consider the UK. Its institutions offer academic excellence, cutting-edge research, state-of-the-art facilities, world-renowned universities and an international student environment.

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Rarely A Straight Road

One of the most important things education does for us is to help us earn a livelihood. So it’s important for not just students, but also their parents and teachers, to be aware of career possibilities. This helps not only during the career exploration process, but also for the lifelong process of career development.

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Need To Implement Constitutional Imperatives

Political parties vied with each other to take centre stage on constitution day — an idea from the Modi government to celebrate the adoption of the Indian Constitution by its constituent assembly on 26 November 1949. Around 415 million Indians, who haven’t been to an educational institution, must have been wondering what the celebration was all about. As a nation we have little to be proud of when it comes to education.

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Galloping Ahead: The Annual BW B School survey 2015

A glimpse of Annual B School rankings that emerged from a survey done by C fore in association with BW Businessworld.

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GMAT 2.0: Guts, Madness And Tenacity?

Airbnb was last valued at $25.5 billion. Considered by many in the capital industry to be one of the most exciting startups in the world, the firm aggregates and rents out spare living space to travellers in a staggering 190 countries around the world.

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What Will It Take To Create A World-class B-School In India?

Business schools around the world face many challenges today. Broadly, they fall into five categories, and they may apply to different degrees to a school in India also depending on its history and context. Our impressions of these five challenges are based on our experience with B-schools in the US but also some in India and conversations with many academic colleagues over the years.

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Education: Calculating Profit And Loss

Educationists agree that private institutes must be self-reliant, and that surplus, not profit, should be the operational objective

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Making Full-time Teaching Attractive

Everyone of us has a favourite teacher. Think back right down to your childhood and you will certainly find that one teacher stands out in your mind as being the one who understood you and your potential and prompted you to excel. You remember that person with the fondest of memories, some of us are even in touch with them and the rest of us wish them well for many years to come. Such is the lasting impact of a teacher — who according to our scriptures holds the exalted position in the natural scheme of things and is rated even higher than God — who is believed to be the only other person apart from the parents who shapes the life, thinking and character of a person.

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Time To Adapt Or Fade Away

The concept of ‘Business Studies’ is known to have laid its foundation in the early 1900s. The rationale behind MBA institutions back then was very simple. Well-explained case studies on development and functioning of companies to help students develop an ability to lead an organisation. Alas… there lies the problem; management is not a scientific experiment where one can make a simple statement ceteris paribus i.e., “with everything remaining the same”. But everything never remains the same. One cannot solve the challenges of today by learning scenarios that prevailed decades ago.

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Developing Future Leaders

The primary job of business schools (B-schools) is to create leaders, who are equipped to handle the emergent issues that we are facing at the global level. The degree has become a must for the young aspirants, who are looking to fast-track their career, and yet amidst this mad rush to succeed, have we calibrated what success really looks like in the future? This is a question I personally grappled with when my four-year-old son asked me how the world would be when he “grows up”. The recent Paris attacks and the upcoming climate change conference of the parties in Paris painted a grim picture in my mind about whether we are training leaders, who will no doubt have to handle issues such as this in the not so distant future?

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Experiential Learning: A New Quest

Eavesdrop on a conversation among recruiters. More likely than not, you will find the talk all about finding people with the right skills — not qualifications. An India Skills Report for 2014 by Wheebox, an online talent assessment company, says that only 10 per cent of MBA graduates and 17 per cent of engineering graduates in the country are actually employable.

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