AIMS has organised the 24th Annual Management Education Convention

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The concerns over the quality of education in India provoked the 24th annual management education convention organised by the Association of Indian Management Schools (AIMS) in Hyderabad. The theme of the convention was “INNOVATIVE MANAGEMENT EDUCATION FOR SUSTAINABLE DEVELOPMENT”. The eminent Speakers highlighted the need to focus on the quality of management education, particularly in the current challenging global economic environment.

G.M. Rao, Chairman, GMR Group, addressed the convention as the chief guest and said that the management education paradigm is being questioned today for the kind of managers and leaders it is producing. Sustainable development requires a sustainable leadership, he added.

According to Professor Mohammad Masood Ahmed, President, AIMS, while today there are about 4,000 AICTE-approved management institutes in India, reports tell us that only an estimated 23 percent of passing out MBAs are employable. He  urged to the 350-odd participants, including deans, directors, faculty and students from business schools around the country, to start questioning what the schools have contributed to society in the 63 years since XLRI, Jamshedpur, started in 1949, followed by the Indian Institute of Management (IIM), Ahmedabad, and IIM Calcutta 20 years later.