Focus On Faculty Development
— November 21, 2017
By Pankaj Ghemawat
Moynihan, however, spoke of “great” institutions, and recognised how long it takes to develop them. India’s lead in terms of the quantity of its business schools is not (yet) matched on their quality. Among the world’s top 100 according to the Financial Times, India is home to only four: ISB (27th), IIM-A (29th), IIM-B (49th), and IIM-C (95th).
Given time lags, it would be unfair to expect many of India’s newest B-schools to top global ranking tables. Much more concerning is that a substantial fraction do not even seem to meet basic standards. The last few years have brought about something of a shakeout, with hundreds of schools closing down and many more struggling to attract students and recruiters. But it would be a mistake to count on the passage of time and entries/exits from the market alone to bring about the upgrading required for India’s management education sector to fulfill its potential.
See the full article published by Business World.
Pankaj Ghemawat is a Global Professor of Management and Strategy and Director of the Center for the Globalization of Education and Management.