Management Education in India Perspectives and Practices
This volume problematizes different facets of management education in India—pedagogy, curricula, and disciplinary and institutional practices—from the perspective of the Global South. The essays in this volume bring out the institutional challenges of cra
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agement Education in India Perspectives and Practices
Management Education in India
Manish Thakur R. Rajesh Babu •
Editors
Management Education in India Perspectives and Practices
123
Editors Manish Thakur Public Policy and Management Group Indian Institute of Management Calcutta Kolkata, West Bengal India
ISBN 978-981-10-1695-0 DOI 10.1007/978-981-10-1696-7
R. Rajesh Babu Public Policy and Management Group Indian Institute of Management Calcutta Kolkata, West Bengal India
ISBN 978-981-10-1696-7
(eBook)
Library of Congress Control Number: 2016944402 © Springer Science+Business Media Singapore 2017 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Printed on acid-free paper This Springer imprint is published by Springer Nature The registered company is Springer Science+Business Media Singapore Pte Ltd.
To Teesta —Manish Thakur
To Aradhana —R. Rajesh Babu
Foreword
On the face of it, business schools have never had it so good. The Indian Institutes of Management (IIMs) in India, for example, can pick and choose their students from among a quarter of a million aspirants, and they can place their graduating class of several hundred students in a few days; the starting salaries offered to their top graduates are what successful executives in many industries reach after two decades or more of grinding hard work. Then, what merits this book of introspection from faculty members of one of the leading business schools in India and in the world, the Indian Institute of Management Calcutta? A bit of history may help us see in perspective some of the questions that the authors raise. The IIMs were started in the 1960s as the driving force, together with public sector enterprises such as Hindustan Machine Tools and Bharat Heavy Electricals, to take Indian industry and India from family-owned or colonial companies into the modern era. They were supposed to do this by following the principles of management first enunciated by Alfred P. Sloan, who for 20 years starting from the m
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