Makeover of business administration: Indian B-schools adapt for tomorrow's challenges

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Key Points

After a roller-coaster ride during the Covid-19 years when hybrid and blended learning modes kept business schools busy, MBA is at an inflexion point in India..

As businesses are dealing with new and emergent contexts, Indias leading business schoolsfrom Ahmedabad to Kozhikodeare initiating conversations on reimagining and rethinking the coveted postgraduate degree in business management...

There is also a consistent clamour from India for Ivy League degrees despite concerns about the high cost of their top MBA programmestuition fee for a two-year MBA at the Harvard Business School is upwards of $150,000 (Rs 1.25 crore)..

Last year, Admissions Gateway, an education consultancy focused on foreign universities, saw over 140 Indian students going to the M7 business schoolsHarvard, Stanford, Wharton, Kellogg, Chicago Booth, Columbia and MIT...

Across B-schools, fast moving consumer goods bellwether Hindustan Unilever Limited, also known as CEO factory, is one of the most sought-after companies to work for. Anuradha Razdan, executive director, HR, HUL, says, The foundational skills built at a business school enable students to land successfully in their early careers and the big roles we assign them..