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Why Has Business Education Failed Business

This article [Want to Kill Your Economy? Have MBA Programs Churn out Takers Not Makers] by Rana Foroohar based on her book “Makers & Takers: The Rise of Finance and Fall of American Business” talks about the state of business education in the US. For my friends in India, I am curious to know if you think this applies to the state of Indian business education as well. The main points in the article:

This is the very reason that Institute of Product Leadership decided to change the notion of what business education means for technology product leaders. Our strong belief is that the curriculum has to be relevant, experiential and practical to the industry.

I hope this gives a little more context to the EMBA in Product Leadership program at IPL, offered in partnership with two leading universities in Bangalore, CMR University & PES University. We recently kicked off the 8th batch of the program in India with professionals from companies like Cognizant, GE Digital, Visa, Qualcomm, Sony, Intel, Oracle, Siemens, Amazon, McAfee, and more.
We are grateful to our university partners, students, alumniexecutive faculty, speakers and coaches, who have joined hands in this mission to make a difference in business education and help grow the next generation of product leaders in India.
Rahul Abhyankar,
Director of Programs,
Institute of Product Leadership

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