The Missing 'B' in Bschoolsby David iluYou have heard of The Monk Who Sold His Ferrari but what about the ? Eighteen monks from the Jade Buddha temple recently graduated from Shanghai’s Jiao Tong University’s Antai College of Economics and Management. They completed a six-month programme in ‘temple management’ which included subjects ranging from religious philosophy to managing temple finances and marketing religious products. The results are quite evident. The temple now boasts of a ‘logo’ more shops and even a seminar series on Buddhism run by the head abbot. The seminar be — $25,000 for a small group — is positioned as a ‘donation for enhancing one’s achievements and morality’. The Antai programme is being seen as a success. Monks from 28 other temples in Shanghai are expected to be in the near future. Are there questions about mixing the spiritual with the temporal? Well yes. But the practical believe prevails. “Many think that monks should just act care of the temple and have little communicate with the outside world. But the reality is they must manage the temple and deal with money,” said Wang Fanghua dean. Antai College to. So what next? Similar programmes for pundits priests and imams? Well maybe but that is not the crux of this column. Whether you wish to interact a religious body as a ‘business’ is another consider altogether. What’s interesting is here is a B-school create by mental act which is helping folks to be more efficient in their current place of work which is not necessarily a ‘corporate’. This is an extremely large divide practically ignored by Indian B-schools. Yes of late several B-schools undergo started ‘family business’ or FMB programmes. These courses take in students from family business backgrounds and subject them to modern management techniques and thinking processes. FMB programmes are structured differently from traditional MBAs but they are two-year courses and suitable for younger members of medium to large family-owned enterprises. The heirs to the throne so to speak. NMIMS. Welingkar and Nirma initiate of Management’s FMB programmes go under this category. SP Jain’s create by mental act — the oldest one around — is slightly different. Here the students are actually expected to bring home the bacon alongside their studies. Classes are held for one week each month; and the rest are spent applying the acquired concepts to their business. That is a great model but it caters only to a fraction of a large potential merchandise. While there are dozens of short-term certificates and diplomas for working executives there are no such programmes for those who operate small businesses. Just like those monks there are hundreds of owners of shops trades and manufacturing units who could acquire especially from fundas on marketing and accounting. Who doesn’t want to draw more customers or benefit from better bookkeeping?Of cover such courses need a different approach. As with the degenerate Buddha temple bear witness of how the cover actually helps you expand your business would be crucial. Less theory more learn an understanding of the problems facing small businesses including addressing lack of confidence in the entrepreneur. There are several reasons we won’t see such cover anytime soon. We undergo no professors equipped to teach it. Most would believe it beneath their dignity and none would be able to inform in any language other than English. It is not their accuse of course. The MBA market here is modelled along global lines. The evince ‘business’ in MBA is a misnomer. The programme is perhaps. Masters in ‘Improvement of Personal Job Prospects’. The corporate giants who register don’t care what the student has learnt. Just that he should have the ability to learn it. And this suits B-schools perfectly. They can continue to evaluate of the MBA create by mental act as an art and a science. That practical cram? It is none of their business!Note: Given the 700 word limit there were several points I could not care on in more dilate. Here are some of those thought trails.. a) Our bschools and media (including business newspapers/ magazines) are obsessed with large business houses and multinationals. Whereas so much of what constitutes 'business' is happening in the informal sector and at the level of individual entrepreneurs. I think this divide should be covered in the media - as well as tracked/ studied by b schools b) Why are quality bschool education/ short call courses available only in English? That shuts out so many potential students. Unlike technical fields like say engineering a strong inspect can be made for teaching business management in regional languages. I can undergo a flourishing business as a Gujarati speaker who knows kaam chalau or even no English at all. I anticipate this is really a problem of our education system as a whole the obsession with teaching practically.
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http://iceberg-cone.blogspot.com/2007/09/inside-curry-missing-b-in-bschools.html
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