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with the introductionManagement education is often perceived as elitist, as
it tends to attract young men and women who are primarily driven by the
perceived benefits associated with it. In India, higher education, especially
in the field of management, has experienced significant growth, with
numerous institutes offering management programs commonly referred
to as Business Schools. This study examines the prevailing trends in
management education in India and seeks to uncover its impact on both
the industry and individuals. Furthermore, it delves into the emerging
issues within the realm of management education and explores potential
directions and policies for enhancing management education in India. The
roots of management education can be traced back to the 18th century.
Over the centuries, it has undergone substantial changes and
developments, primarily drawing inspiration from Western management
theories and practices. Occasionally, management institutions incorporate
insights from Indian epics, scriptures, and traditions. It's noteworthy that
management as a discipline has evolved from fundamental fields such as
philosophy, psychology, economics, accounting, computer science,
mathematics, statistics, and industrial engineering
In India, management education is often seen as catering to an elite
audience. Frequently, young individuals are drawn to management
education not solely for the purpose of gaining knowledge, exposure,
and experience to contribute positively to society, but rather due to the
allure of the perceived benefits associated with it.