Management education in India has evolved into one of the most sought-after qualifications and degrees that young Indian professionals seek to obtain.
Despite the steep rise in b-school graduates entering the job market every year, the need for skilled management professionals is not really being addressed. There are a dime dozen ‘management’ schools and institutes mushrooming across the length and breadth of the country. As with other sectors, the issue is not of quantity but of quality. If news reports are to be believed, a whopping 2.5-3 lakh people apply to be part of management degrees annually. How many of them eventually finish the degree and are capable enough to find meaningful employment is an entirely different matter!
With digitisation and new-age technologies taking over any and every sector, it is high time our b-schools revamped their approach to management education and aligned themselves with the economy’s current needs. Professionals today not only need to know specific sectoral skills in their chosen fields of finance, marketing, human resources, etc. but also need a deep understanding of how technologies are being applied in business overall. Theoretical knowledge is just not enough anymore. Over the last decade, a flurry of start-ups and enterprises have opened up that are the first in their sector, exploring unknown paradigms, and they need people that hit the ground running. Unlike larger corporations, they do not have the luxury of indulging in long training sessions for their new employees. They depend on educational institutions to ensure they teach the appropriate practical skills to their students.
Unfortunately for these ambitious companies and aspiring young professionals, traditional MBA programs continue to be built and taught by academic scholars renowned for their theoretical expertise in business concepts and principles. While several institutions are attempting to teach practical skills through case studies, these efforts continue to be insufficient to prepare graduates to thrive in the fast-paced, dynamic world of business.
The recently launched Scaler School of Business (SSB) aims to tackle this challenge. It has been specially designed to bridge this significant gap between traditional business education and the industry’s dynamic needs under the guidance of industry stalwarts who have not only achieved remarkable success but have also navigated the complexities of business at a large scale.
Scaler School of Business’s full-time Postgraduate Program in Management and Technology is a unique course that offers a blend of theoretical rigour and practical application. The program will allow students to dive deep into trending technology and innovations, equipping them with new-age skills in AI and allied industries to ensure they are 10X more efficient and tech-enabled than the average MBA graduate. The program also integrates elements like a three-month internship, case studies, industry-driven evaluations, and immersive projects sourced directly from leading companies.
Along with an updated industry-focused curriculum, learners enrolled with Scaler School of Business will also get access to industry leaders from all domains, such as visiting faculty and super mentors, who will curate engaging hands-on exercises, ensuring students gain practical wisdom from the best in the business. There will be 1:1 mentorship from people in the desired area of specialisation and career path, emphasising experiential learning where students are exposed to real-world challenges and opportunities guided by feedback directly from industry leaders.
Considering Scaler (and its parent organisation, InterviewBit) has been in the field of education for more than a decade, SSB students will also get the opportunity to work at Top MNCs and leading startups that are their recruitment partners.
The program’s founding cohort will have an intake of handpicked 75 to 100 students and will commence in August 2024. The admission process will comprise a series of written and video essays, followed by two 1:1 interview rounds. Scaler School of Business’s campus is located in Electronic City, Bengaluru, surrounded by leading global corporations with access to a state-of-the-art classroom and hostel (optional).
For more information: https://www.scaler.com/school-of-business/
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