VISAKHAPATNAM: Vice-Chancellor of Andhra University B. Satyanarayana has underscored the importance of management studies in the present constructive global world. He was delivering the inaugural address at the Milan-2009 management meet at Dr. Lankapalli Bullayya Post Graduate College here on Thursday. Secretary and correspondent of the college G. Madhu Kumar and others spoke. Director, Management Studies, and event coordinator KVS Patnaik presided.