Lakshmivarahan Ramasubramani, Acharya Bangalore B School, India

Abstract

More often, the decision makers from the industry are not all that delighted when they visit management education institutes for placement. The industry, the institute, and the students can be treated as sides of an equilateral triangle. All three are equally responsible for this kind of scenario. The author proposes a thorough revamp of the entire process, which would start with reverse communication from industries to institutes and meaningful participation from industries. The author also proposes more fun and humor-filled teaching. An attempt is made in this paper to study in detail the various re-engineering practices that can be adopted to change the way we look at management education, especially with respect to the Indian scenario.

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