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    Globalisation and Quality of Management Education – The Challenges of Changing Scenario
    (10th South Asian Management Forum (SAMF) conference, 2009-04) Paila, Anil Rao; Rao, P S
    In a world where national boundaries are fast disappearing and becoming more accessible, the world is becoming smaller and has now become Global Village. The technological advances in transportation, electronics and telecommunications are supporting these changes. Globalization poses a number of challenges before management education and also demands to upgrade its course curriculum adopt new and effective teaching methods, motivate faculty to take up the challenges ahead, with extensive research to understand international markets. Management education is in great demand especially after the change towards liberalization, privatization and globalization. There are several challenges of management education which require change in the character and structure of management education, integration of management education with corporate sector, upgradation of curriculum and course content, designing of different programs for executives, maintenance of an efficient and effective regulatory system to check mushrooming, and emphasis on research. India being the part of global linkage in the aftermath of WTO agreement is becoming a technology driven society. Nearly one lakh management graduates pass out every year in India, providing a tremendous potential to contribute to the creation of a 'knowledge society'. The world around us is changing and changing very fast. The speed of change is so fast that we cannot turn back. The changes are visible in multiple forms and in multiple directions. An attempt is made in this paper to identify the gaps and refocus the areas of management education with its prospects and challenges in the global context