IIM Bill: More than control vs autonomy, it’s about expanding quality management education

Abstract

The real issue behind the proposed IIM Bill is not government control versus autonomy. It is about making top-class management education available to an ever-rising number of aspirants, and giving the economy better-trained management graduates in much larger numbers.

Worrying about falling education standards, US President Barack Obama said, “The nation that out-educates us today is going to out-compete us tomorrow.” We in India need to worry about it even more.

About 1.7 lakh people took the Common Admission Test to the IIMs for 3,700 seats. The number of reputed private business schools in India is still small. An increasing number of students, therefore, go abroad. While the majority is from affluent families, a few also get scholarships. Read more at: https://economictimes.indiatimes.com/blogs/et-commentary/iim-bill-more-than-control-vs-autonomy-its-about-expanding-quality-management-education/