Sunday, 20 April 2014

Swing of MBA from completely experiential to technical- A need of today’s Management Scenario

The primary focus of MBA colleges has always been to offer value to the students, so that they are employable. Even though, with teaching and propagating a whole range of concepts from ERP to downsizing, the value that a recruiter attaches to them is minimal. Their demands are much more basic. An attitude that let them soil their hands, being more adaptive and diversity-friendly, ability to recover from failure, social skills, ability to connect with the reality of business, IT skills like making an effective presentation, researching for data, preparation of useful reports, the list is endless is the requirement of today’s Managers but we end up teaching them esoteric concepts.

Something as simple as MS-Excel is so crucial, but half the MBA population equates Excel with coloring. They learn to dress up the data. You can not analyze the data, because it is dressed up so much. And each of these skills is essential for the company. If we do not train the students, then somebody else will have to do. And that is not good for any of the parties, the school, the students and the corporations. So it is imperative that an MBA-holder becomes employable from the first day.

As the world of business and technology is converging, the complexity and volatility of the business environment demands aspiring managers to be more knowledgeable in a wide array of areas. Essentially, the sheer mass of business knowledge and technological progress has overtaken the capability of any MBA programme. Now there’s a need of “Blank Slate” approach of development - from curriculum to pedagogy, training and placement so as to conduct extensive ‘open-ended’ discussions with CEOs and business heads across India in order to tap their thoughts and critical ideas in an unfiltered, unprompted manner to enable frank and free ideation.
These hundreds of interactions lead to development of four core focus areas.

1.   Initialization wherein students get to learn what are the basics that one needs to know to hit the ground running.
2.      Core where students get to develop integrated skills by handling business projects. 
3.      Consolidation for regrouping
4.      Internship, probably culminating in a job or a career. 

So, now the students apart from gaining knowledge by experience should have loads of technical expertise. The time now requires them to understand the concepts of developing Information Systems for Business, to know how Management Information Systems can help small and medium scale Business and to understand the new concept of MIS called Knowledge Management.

The result we hope is an employable MBA...
For more details visit JIMS New Delhi, Kalkaji Campus

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