arvind t“If your action inspires others to dream more, learn more, do more and become more, you are a leader.”
The above quote truly justifies management education. Study of management courses is not just only completing syllabus, giving examination, getting degree and employment ofseven-digit figures. Rather the objective of study of management courses is comprehensive, it not only unlocks the doors of excellent career avenues but also enables candidates to widens their professional career scope, equip them with a lifelong set of managerial skills and provides a secure path of entrepreneurship. Altogether, management study prepares leaders who give an unprecedented contribution to the economic development of the country. Therefore, it will not exaggeration that management study is a tool for developing and sustainable economies.
After the economic liberalization, privatization and globalization; there is a great demand for management graduates across the globe. Taking Admission in Management Courses like BBA and MBA and while pursuing the programme students develop proper managerial skills that are important to augment the efficiency and productivity of the organization. Study of management courses imparts practical knowledge to students that help them to develop a sound understanding of market and prerequisite skills to handle difficult and different situations more efficiently and also helps in the development of the organization, society and economy at large.
Today, in this 21st century the advent of disruptive technologies, innovative business ideas and favourable business policies have changed the business environment dramatically. Nowadays organizations are hiring innovative, courageous, and intellectual management graduates who can give a valuable contribution to the growth of the organization in multidimensional ways. In developing economies like India, there is a great demand for management graduates for the following reasons:
- Flourishing startup culture and favourable business policies for business and industry.
- Massive Foreign Direct Investment (FDI) and services-oriented economy.
- Modernization of industry and emerging Knowledge-based New Economy.
- The rapid growth of multinational companies.
- India’s business culture is changing drastically. The introvert and defensive business approach have been replaced by outward-looking and confident attitude.
In the era of globalization, there is a great significance of management study, not only in the matter of career opportunities; rather students develop a solid understanding of business education, organization and society; that provides students a broader perspective about the role of individuals in the growth of business and society. Management study not only helps students to develop their professional career but also polish their overall personality, which proves helpful for them to establish a rewarding future.