Indian business schools will need to introduce greater reforms across the board to be on a par with their global counterparts, according to E. Abraham S.J., Director of XLRI-Xavier School of Management.
Speaking at the XIME B School Summit organised by the Xavier Institute of Management and Entrepreneurship with the theme ‘Heralding a new era in management education in India’, Fr. Abraham stressed on the importance of self-regulation and increased autonomy for making business schools more competitive. Suggestions like international accreditation to incorporation of more NRI faculty were discussed during the summit.
B. Muthuraman, former MD of Tata Steel, said B-schools should aim to strike a balance between regulation and autonomy. The summit saw participation of deans and directors from around 100 top B-schools in the country, who came together to appeal to the HRD Ministry with regards to issues surrounding B-schools.
