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Advice Request
Subramanian Veeraraghavan Kooveli-madom

Subramanian Veeraraghavan Kooveli-madom

Consultant and educationist, Garden City College

Quality in management education - Holistic approach

Possible approaches to control quality of management education which is drawing attention for wrong reasons such as closure of institutions, falling enrolment, poor placement (quantum and quality), poor reputaion for employability, high NPAs of banks financing higher education including MBA programs are

. Quality control at outcome level on defined parameters
• Quality facilitation at input level through guidelines on best practices, innovation, feedback
• No micro level prescriptions whose compliance can be managed.
• Financial assistance only for those joining accredited B Schools
• Accreditation based on measurable evidence based transparent holistic outcome parameters including faculty qualifications, tenure, academic / industry / professional achievements. Accreditation done by stakeholders through professionals not a government body
• Awareness creation on quality expectations to potential students, employers and parents
• Effective deterrence over misleading and irrelevant advertisements (eg. ASCI)
• Ombudsman for higher education sector
• Entry barriers for starting educational institutions (promoter background relevant to education, promoter shall state his vision, time bound goals, rotating independent members in the top decision making body of higher educational institutions whose responsibilities are defined and whose performance gets scrutinized
• Faculty continuing education, incentives for academic / research contributions
• Attractive rewards system for faculty
• Integrity of regulatory and inspection personnel
• Faculty evaluation system (defined, transparent, measurable, peer and stakeholder feedback…)

Unless we adopt a holistic approach this low hanging fruit for investors in education may just vanish sooner than later due to low credibility, low perceived value, competition from abroad and other modes of delivery including distance and online, and unsustainability. It is high time te authorities, institutions, student body, aspirants and other stakeholders including financial insitututions and even parents need to introspect on what ails the sector and what needs to be done