Are Indian B-schools Providing Quality Education?

Indian B-Schools and Its Quality Education concept was concerned on the opening of the two-day Indian Management conclave 2012, held on August 9, in New Delhi.

RC Bhargava, Chairman of Maruti Suzuki said "Quality of Management Education offered by the Indian B-Schools is out of sync with the times and not addressing needs of recruiting industry".Bhargava, who is also the chairman of Board of Governors of Indian Institute of Management at Ranchi, attributed the lack of quality to the unchecked expansion of B-Schools in the country in absence of a formal study to determine the real demand for management graduates in the industry and low industry-academia interface.

A Kellog professor of Management and founder of Great Lakes Institute of Management at Chennai, Bala Balachandran had stressed on the customer centricity as the key element in establishing a credible B-School. His advice was "To be distinct or extinct". He said B-Schools must improve their delivery system.

The second day of ongoing Indian Management conclave was devoted on finding solutions to the challenges being faced by the ever-growing list of B-schools in the country. If the underlying theme of day one of the conclave, organized by MBAUniverse.com, was finding suitable jobs for the B-school graduates, day two focused on issues such as building institutional excellence and institutional culture, among others.

Well, what do you think about B-Schools and its Education. Is it being successful in providing Quality Education? Share your views.