A Comprehensive Review on Contemporary Issues in Management Education in Present Context

Abstract

The development of future leaders and professionals who can successfully traverse the challenging business environment depends heavily on management education. However, the current environment has a number of issues and new trends that have a big impact on management education. This essay tries to offer a thorough analysis of current problems in management education in the current environment. It examines a number of issues, developments, and trends influencing management education and considers how they affect practitioners, educators, and students. The paper also emphasises the necessity of changing management education to meet these concerns and provides educators and institutions with potential options and the best practices. This essay is based on a survey of the literature that addresses the problems and opportunities facing management education in India. Globalisation is a significant factor in the current era, which management education has recognised in recent years as it has developed. In the past ten years, the country’s University Grant Commission (UGC) and All India Council for Technical Education (AICTE) have approved numerous MBA programmes. Business environment, issues, and challenges play a significant role in developing curricula, preparing professional managers for job competition, students’ need to gain knowledge and experience with specialisation to increase employment opportunities, the nature of professions and the seemingly limitless potential of technology, as well as a review of the literature in the field of management education.

Keywords: Comprehensive Review, Contemporary Issues in Management Education, Business Environment, Issues and Challenges, Employment Opportunities

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