Efficacy of Management Education In Increasing Employability of Students

Abstract

Abstratct – The sustained fast economic growth since the nineties has ensured that the private sector has grown leaps and bounds, making significant contributions to the GDP of the country in all the three sectors of economy namely Agriculture, Manufacturing, and Services. The professionalization of the private sector, to be on par with the best companies in the world, has created a demand for managers who are well trained in handling all aspects of a business, be it Finance, Marketing, HR, Operations, etc. Keeping in mind this robust demand for trained managers, the Government of India encouraged the establishment and growth of Management Institutes and B-Schools and brought such institutions under the aegis of the All India Council for Technical Education (AICTE). According to the latest AICTE data for 2017-18, there were 3232 institutes in India offering post graduate programs in Management and the total approved intake for 2017-19 was 3,93,035 seats.