In an exclusive interview with MBAUniverse.com Dr. BS Sahay talks about the present situation of MBA education in India and his vision for MDI Gurgaon.
Dr BS Sahay took over as the director of MDI Gurgaon in April 2009. Before taking the charge, he led IMT Ghaziabad as its Director for over four years. Dr. Sahay has, within a career span of 25 years, explored the fields of industry, research, academics, writing and editing books and journals. Dr. Sahay is on the board of Decision Science Institute, USA; All India Management Association and Association of Indian Management Schools and also holds an M.Tech degree in Industrial Engineering degree from IIT - Delhi.
In an exclusive interview with Sreetama Datta of MBAUniverse.com, Dr. Sahay states that India is in a state of high growth, which is an indicator of Indian management educations great future. In the interview, he talks about the present situation of MBA education in India and his vision for MDI Gurgaon. Excerpts from the interview:Q: As the new director of MDI Gurgaon, what is your vision? Last few years have seen a lot of changes at the top...
A: For me, joining MDI Gurgaon as its Director is like coming back home. Previously, I used to teach here before I joined IMT Ghaziabad as the Director. My aim is to maintain the vision and mission of our institute. The core vision of MDI Gurgaon is to be a global school for thought leaders. It has got international accreditations from Association of MBAs (AMBA) and South Asian Quality Assurance. Our aim is to incorporate the worlds best academic practices in our MBA programmes, MBA executive programmes as well as our training programs for the Top Management of the corporate world. We have a team of excellent faculty and board of directors. We also have a global curriculum, research structure, and above all a global attitude. Since I took over, we have taken many positive steps to continue our march towards becoming a truly global B-school in India.
Q: In your career span of more than 25 years, you have worked in both corporate as well as academic field. According to you how has MBA education in India changed over the years?
A: I worked in the industry for a long time, but I soon realised my passion for teaching and joined the academia. I think everyone should contribute their experiences in teaching. Regarding the change, the number of MBA institutes in India has increased a lot lately. Today India has over 1,500 MBA institutes! While that is a good sign, the number should not increase at the cost of quality. The quality of MBA education should be always maintained.
Q: With the increasing number of MBA institutes, the number of CAT takers is also increasing every year. How would you judge this phenomenon?
A: I think the rise in the number of CAT takers is directly proportional to the rise in population. Today the educational and career opportunities are much more. During our times, career options were limited to either engineering or medical. But now MBA education is giving manifold opportunities to students. The number of students pursuing MBA education should increase. But there should not be a mad rush. If you dont have that passion or liking for
MBA education, dont opt for it. This applies not only to MBA education, but to other educational fields too.
Q: What is the biggest challenge that Indian MBA education is facing today?
A: Faculty is an important factor for imparting quality education, but currently the education industry lacks quality faculty members. So, more people from the corporate industry, who have the right kind of experience and skills, should come forward to impart quality education to the students. I think right now the main challenge for all MBA institutes is to fill this gap of experienced and able faculty.
Q: What impact of the recent economic slowdown do you find on Indian MBA education?
A: First of all, I dont believe that the economic slowdown has affected the MBA education domain much. In India, education is a very emotional issue. Every parent dreams to provide higher education to his children. The applications are increasing every year and this year was no exception. In fact, according to International Monetary Fund, Indias growth rate is 6.7, whereas the growth rate at developed countries is much lower. India and China are economically very stable right now. We have a strong regulatory system and a stable government so I see no reason to worry or assume that the economic situation has hampered the management education domain.
Q: CAT is going to be a Computer-based Test from this year. Do you think India is ready to accept this new format?
A: Why not? India is a world leader in IT. If India can successfully handle elections via electronic voting machines, why cant India deal with the new format of CAT? This is a very good development. Though in the initial years the students may get a little perplexed with the computer-based CAT system, they will soon adjust to it.
Q: In the context of Satyam fiasco in India and also considering the collapse of many global icons due to greed and mis-management, how can India address this concern? Whats the focus at MDI Gurgaon?
A: I believe an MBA aspirant should first qualify as a good citizen and then strive to become an MBA executive. This is the main principle which is instilled in its students by the MDI Gurgaon. In the current scenario, ethics is really important. Incidents like Satyam scam takes place due to lack of ethics. So apart from providing good education, discipline and ethical and moral values, we also teach MDI Gurgaon students the nuances of corporate social responsibility. The value system has to be very strong.
Q: What qualities should a candidate possess in order to get through top B-schools?
A: As far as MDI Gurgaon is concerned, we give weightage to candidates with good CAT scores and GDPI numbers. Apart from that, factors like overall presentation, content, educational qualification and personal background are also taken into account. They must have the quality to be become global managers.
Q: Whats your suggestion for MBA aspirants who are going to take CAT in future?
A: There is no shortcut in life. Work hard if you want to succeed! You must study sincerely and concentrate in overall development of your personality. As I said before, an MBA aspirant should first qualify as a good citizen and then strive to become an MBA executive. And above all think about the society as a whole, besides your own career.
| Check Top MBA Colleges in India by Cities | | |
| Also Read Important Articles on MBA Admission | ||
| Top MBA Colleges in India | MBA Admission | MBA Entrance Exam |
| MBA Placements | MBA Ranking In India | GD Topics |
In an exclusive interview with MBAUniverse.com Dr. BS Sahay talks about the present situation of MBA education in India and his vision for MDI Gurgaon.
Dr BS Sahay took over as the director of MDI Gurgaon in April 2009. Before taking the charge, he led IMT Ghaziabad as its Director for over four years. Dr. Sahay has, within a career span of 25 years, explored the fields of industry, research, academics, writing and editing books and journals. Dr. Sahay is on the board of Decision Science Institute, USA; All India Management Association and Association of Indian Management Schools and also holds an M.Tech degree in Industrial Engineering degree from IIT - Delhi.
In an exclusive interview with Sreetama Datta of MBAUniverse.com, Dr. Sahay states that India is in a state of high growth, which is an indicator of Indian management educations great future. In the interview, he talks about the present situation of MBA education in India and his vision for MDI Gurgaon. Excerpts from the interview:Q: As the new director of MDI Gurgaon, what is your vision? Last few years have seen a lot of changes at the top...
A: For me, joining MDI Gurgaon as its Director is like coming back home. Previously, I used to teach here before I joined IMT Ghaziabad as the Director. My aim is to maintain the vision and mission of our institute. The core vision of MDI Gurgaon is to be a global school for thought leaders. It has got international accreditations from Association of MBAs (AMBA) and South Asian Quality Assurance. Our aim is to incorporate the worlds best academic practices in our MBA programmes, MBA executive programmes as well as our training programs for the Top Management of the corporate world. We have a team of excellent faculty and board of directors. We also have a global curriculum, research structure, and above all a global attitude. Since I took over, we have taken many positive steps to continue our march towards becoming a truly global B-school in India.
Q: In your career span of more than 25 years, you have worked in both corporate as well as academic field. According to you how has MBA education in India changed over the years?
A: I worked in the industry for a long time, but I soon realised my passion for teaching and joined the academia. I think everyone should contribute their experiences in teaching. Regarding the change, the number of MBA institutes in India has increased a lot lately. Today India has over 1,500 MBA institutes! While that is a good sign, the number should not increase at the cost of quality. The quality of MBA education should be always maintained.
Q: With the increasing number of MBA institutes, the number of CAT takers is also increasing every year. How would you judge this phenomenon?
A: I think the rise in the number of CAT takers is directly proportional to the rise in population. Today the educational and career opportunities are much more. During our times, career options were limited to either engineering or medical. But now MBA education is giving manifold opportunities to students. The number of students pursuing MBA education should increase. But there should not be a mad rush. If you dont have that passion or liking for
MBA education, dont opt for it. This applies not only to MBA education, but to other educational fields too.
Q: What is the biggest challenge that Indian MBA education is facing today?
A: Faculty is an important factor for imparting quality education, but currently the education industry lacks quality faculty members. So, more people from the corporate industry, who have the right kind of experience and skills, should come forward to impart quality education to the students. I think right now the main challenge for all MBA institutes is to fill this gap of experienced and able faculty.
Q: What impact of the recent economic slowdown do you find on Indian MBA education?
A: First of all, I dont believe that the economic slowdown has affected the MBA education domain much. In India, education is a very emotional issue. Every parent dreams to provide higher education to his children. The applications are increasing every year and this year was no exception. In fact, according to International Monetary Fund, Indias growth rate is 6.7, whereas the growth rate at developed countries is much lower. India and China are economically very stable right now. We have a strong regulatory system and a stable government so I see no reason to worry or assume that the economic situation has hampered the management education domain.
Q: CAT is going to be a Computer-based Test from this year. Do you think India is ready to accept this new format?
A: Why not? India is a world leader in IT. If India can successfully handle elections via electronic voting machines, why cant India deal with the new format of CAT? This is a very good development. Though in the initial years the students may get a little perplexed with the computer-based CAT system, they will soon adjust to it.
Q: In the context of Satyam fiasco in India and also considering the collapse of many global icons due to greed and mis-management, how can India address this concern? Whats the focus at MDI Gurgaon?
A: I believe an MBA aspirant should first qualify as a good citizen and then strive to become an MBA executive. This is the main principle which is instilled in its students by the MDI Gurgaon. In the current scenario, ethics is really important. Incidents like Satyam scam takes place due to lack of ethics. So apart from providing good education, discipline and ethical and moral values, we also teach MDI Gurgaon students the nuances of corporate social responsibility. The value system has to be very strong.
Q: What qualities should a candidate possess in order to get through top B-schools?
A: As far as MDI Gurgaon is concerned, we give weightage to candidates with good CAT scores and GDPI numbers. Apart from that, factors like overall presentation, content, educational qualification and personal background are also taken into account. They must have the quality to be become global managers.
Q: Whats your suggestion for MBA aspirants who are going to take CAT in future?
A: There is no shortcut in life. Work hard if you want to succeed! You must study sincerely and concentrate in overall development of your personality. As I said before, an MBA aspirant should first qualify as a good citizen and then strive to become an MBA executive. And above all think about the society as a whole, besides your own career.
| Check Top MBA Colleges in India by Cities | | |
| Also Read Important Articles on MBA Admission | ||
| Top MBA Colleges in India | MBA Admission | MBA Entrance Exam |
| MBA Placements | MBA Ranking In India | GD Topics |
Dr BS Sahay took over as the director of MDI Gurgaon in April 2009. Before taking the charge, he led IMT Ghaziabad as its Director for over four years. Dr. Sahay has, within a career span of 25 years, explored the fields of industry, research, academics,