Indian management education is in a middle of a strange paradox.
Since 1990s while the number of B-schools are going up almost every month, the quality of management education offered by a majority of B-schools leaves a lot to be desired. Speaking on this issue, Director of XLRI Jamshedpur Fr N Casimir Raj S J commented, “While there is a great demand for management education and Indian talent, only a small fraction of Indian B-schools offer quality education. We have some 1,800 management institutes in India. But the problem is there are only about 50 that are providing quality education. Unfortunately, a vast majority of B-schools are not meeting even the minimum benchmarks.” Fr Casimir Raj was speaking to MBAUniverse.com on a wide range of issues. He added, “Management education is very important for the sustained growth of the country.”
When asked how the issue of quality can be addressed Fr Casimir Raj said, “Management institutes should try to provide quality education which is acceptable to students and industry. Quality has to be self-managed by institutions — not under government order.”
Started in 1949 in the steel city of Jamshedpur, the Xavier Labour Relations Institute (XLRI) has been a pioneer of management education with a purpose. Over the years it has been leading the management revolution from the front – XLRI, for instance, started satellite-based education in 2000, and then expanded into two international centers Dubai and Singapore.
Fr N Casimir Raj S J has been associated with education for three decades and has worked with various institutions like XIM-Bhubaneswar (where he was director), Goa Institute of Management, St. Luis University (in Missouri, US) and Loyola Institute of Business Administration (LIBA), Chennai – other than XLRI.
In a wide-ranging interview with MBAUniverse.com Fr Casimir Raj shared his views on management education, learnings from XLRI’s forays in Dubai and Singapore and their future plans. Click on the link below to read full interview.
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