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Latest Articles in magazine 14 december 2015

Being Good Is Not Enough

The goal and rationale of academic accreditation is to ensure that education provided by institutions of higher education meet acceptable levels of quality as defined by the government and/or an outside accrediting agency.

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Jack Of All Trades, Master Of All

Management education in India is at crossroads. On one hand, we have more than 4,000 All India Council for Technical Education approved B-schools in India, on the other hand, some 150 B-schools shut shop in 2013-2014 alone. And many more are likely to follow. With all the glamour and fancy glossary attached to the profession and some big names making an entry to the foray, top 10 management institutes have not seen much of churn in the past 20 years, with just very few exceptions.

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What Would It Take To Top The List OF B-schools

The recent (2015) Financial Times ranking of business schools across the world was disappointing. Once again, not a single Indian B-school made it to the top 25 list. Although the top ranks continue to be dominated by US B-schools; schools from the UK, Spain, China, Singapore and France also feature among the top 25. Top Indian B-schools don’t seem to make the grade despite having been established more than 50 years ago.

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The Problem Starts At The Very Top

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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How MBA Has Wreaked Havoc In India

The biggest problem in life is a gap between reality perception and self-assessment. The second biggest is contradictory desires in the mind. Let me explain the second one first. Many youngsters want to be rich and honest. Many young boys want to marry a smart homely girl. Where have these notions come from?

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Teaching In The Time Of The Internet

Are you here to learn or to be taught? This was the question a respected doyen of management education was known to ask an entering class. It is perhaps more relevant today than ever before.

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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. Two things are clear. First, that there is a significant gap in demand and supply. Second, that if things are to change, the change needs to occur on the supply side.

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The Dharma Of Capitalism

Dharma is a frustrating, almost untranslatable word. Duty, goodness, justice, and law have something to do with it, but they all fall short

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Technology Is A Double-Edged Sword

With Facebook and other networks now liberally mixing advertising with content, the ability to discern each and process accordingly could gradually erode

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India's Role In Climate Change

Prime Minister Narendra Modi will be closely watched as a global leader, and his vision of global emissions reductions will be judged

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How To Recognise Stress

There are two ways to deal with stress. Either you avoid it, or accept that you have to deal with it. In most cases, avoidance may or may not be a choice, dealing with it surely is

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‘More Centres Of Excellence Are Needed’

Eminent educationist, academic administrator and former director of IIM Lucknow and MDI Gurgaon Pritam Singh, over a period earned the title of a director with the Midas touch. In an interview with BW Businessworld, he discusses the reforms in higher education and the challenges facing the sector and IIMs/ B-schools.

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How To Measure The ROI On Your Global MBA

For every Steve Jobs there is a Donald Trump, a Sheryl Sandberg, a Warren Buffet (Berkshire Hathaway) and closer to home, an Anand Mahindra. While the list of the former cluster (college dropouts/those without MBA degrees) may dwindle, that of the second lot (influential leaders armed with a global MBA degree) continues to swell.

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Bursting Bubbles

All that glitters is not gold. This age-old proverb seems to be an apt description of the startup ecosystem in India, where a host of early-stage ventures is increasingly feeling the heat.

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The Big Fight To Glory

Remember Dalda? It came in a yellow, round metallic tin with the name in green under picture of a palm-tree.

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