‘Reality Shock’ of Management Education in India: Issues and Challenges

Abstract

The best business leaders and management professional can be created only by a successful synthesis of academic theory and business practices or industrial experience. The business education should be based on practical or simulated and effective case studies by quality faculty, latest ICT facilities and infrastructure. If the educational infrastructure is sound then only one can expect a strong structure in future. There is need of convergence of these components into one and then only delivery of it can be made to all its stakeholders effectively. The model of I-S has been proposed to combat the ongoing battle of quality and employment considerations to its stakeholders.

Keywords: Convergence, Accreditation, Academic industry interface, faculty exchange