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Education News Blog Archives

Executive Education

Education News: Executive Education - A Farce...

Executive Education


Education News Blog Posting 14 - Executive Education: April 5, 2008

Education-News Blog posts insightful comments on the latest international news that render us taken-aback in the domain of the education facet of life.

Education-News Blog: Executive-Education News

Executive education on the rise:

March 19, 2008

Executive Education
New Education News

Tailor-made programmes have seen the biggest rise in demand.

As the Indian executive-education market increasingly recognises the value of world-class executive education programmes and is eager to invest in the same, several Indian and foreign B-schools are gearing up to offer tailor-made courses for the industry and academia alike. Deans and professors from the best business schools are jostling for appointments with executives and companies to offer tailor-made programmes.

Institutes like IIT-Kharagpur and XLRI Jamshedpur, for instance, offer around 30 executive education courses per year. Till a few years ago, the figure was half of that. A key factor that has made B-schools flexible is that the price per programme has gone down by 60 per cent, while the bigger challenge is keeping the content relevant.

“In the face of rapid technological advancement around the globe, it is important for engineers and scientists to continue to learn new technologies, update and upgrade their knowledge, much after completing formal education in the college,” said a professor of IIT-Kharagpur.

Moreover, as an IIM-Calcutta professor pointed out: “There is a shortage of 20-40 per cent in the leadership positions across sectors. Although many companies have found internal training to be a substitute, after a point it becomes expensive.”

The seriousness with which Indian companies are taking executive education can be measured by the demand for customised programmes and partnerships with B-schools in co-designing curriculum.

And that too at competitive prices. Harvard Business School (HBS) just completed its first five-day executive education programme in Hyderabad. If a similar course was taught at the Harvard campus, it would have cost $10,000 (around Rs 400,000) upwards. However, an Indian executive gets it for as low as Rs 180,000.

At IIT-Kharagpur, XLRI Jamshedpur, and IIM Calcutta, around 200 executives take the executive education programmes every year, with course fee ranging between Rs 5,000 and Rs 35,000, while a few courses could cost up to a couple of lakhs. For example, the Danish embassy of Dhaka had sent people for a four-month management course at IIT-KGP at a cost of approximately Rs 60 lakh.

The level of importance of executive education has reached outside profit-oriented companies too. The Ranchi-based Xavier Institute of Social Service (XISS) too is in the process of drawing up a calendar of topics for training of non-government organisations (NGOs) keeping in mind the priorities of small and middle level NGOs.

“Every year we draw up a number of new courses for executives and managers as well as NGOs and social activists. These courses are either suggested by XISS or designed on requests from companies, NGOs, state government, funding agencies and other organisations,” said R K Biswas, dean of XISS.

XISS executive education courses, usually range between Rs 25,000 and Rs 50,000, and address current topics and concerns ranging from general management to specific functional areas that include human resource, rural development, information management, marketing and finance.

Education News Blog Comment:

Executive Education
New Education News

Executive education has been turned into slogan mongering these days.

There are many courses available in various business schools awarding a business management degree at their successful completion.

But they only teach how to manage business.

They teach total quality management as a tool of business and not as a way of life.

They never teach how to manage life.

How can you manage your business if you can't manage your life well?

How can you be a good business manager if you are not a good mother?

They do not teach total quality management as an attitude in life for each and every single thing of it.

The main drawback with these business courses is that they aren't able to develop an insight into management, rather they keep hogging on theories, jumping from one to another making it the fad of the time and using its jargon in order to fit the reality into it.

How can such business be conducive to life?

And how can such managers see beyond their immediate profits in their narrow business objectives?

Our business schools are generating an army of swindlers who keep hatching conspiracies to show their competitors down.

The better a manager at swindling, the fatter goes her/his pay packet!

The only thing that goes poorer is the quality of life on the planet.

We need hearing some better education news!

The Future of Customized Executive Education

(Start by clicking the player button down left, not the center screen.)

Thank you.

Watch the video!

A proactive thought piece on where customized executive development is heading, given the current climate. - Education News Blog


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