Importance of education in today's world.

What is true Education? It is the overall development of personality of an individual and helping man to come out of the darkness. Are we really interested in changing the character of individuals? An educated individual should be able to understand the feelings of others, should show qualities such as kindness, compassion and respect for others. But in Indian education sometimes we are not practical. Students are simply mugging up for the exams and reproducing it in exams without understanding the true meaning. It is not the exam of 2 hours which decide our future. If we want to be successful we should understand which area we are good at. Training makes a man perfect. Once we know the area in which we are good at we have to train ourselves to improve our skills.

 We cannot brand a person bad just because of few drawbacks. If given the proper environment and proper support people can work out wonders. Everybody is not the same just like five fingers in a hand. But experience, proper planning and training makes a man perfect. Take the cases of successful people. Successful people have got ordinary brains but they do things differently. Failures are never stumbling stones for their success. They will learn from their failures and make their life more meaningful and successful.  

There are wide range of options available in the MBA field. It would be advisable if you pursue a course which best suits your current job. This degree should be an added advantage for you and should lead to progression in career. Since you are not comfortable in Mathematics, MBA in Finance and MBA in Information Technology are not advisable. If your current job is more oriented in the area of Human Resource then you should consider taking a course in HRM. Marketing is another option that is available. If you are in the tourism field then there are institutes that offer course in this area. Also there are institutes which offer courses in the area of operations management. Choose the field which best suits you.

 MBA has sought out to be one of the most desirable Postgraduate degree for the younger age group. Students from any field can join this course. It has wider application and equips an individual with the required managerial qualities. It is not just about higher pay packages or excellent placements. An MBA helps a candidate to enter in to the administrative position at the same time as others struggle in the functional area. MBA offers lots of specializations, with each specialization having humongous prospectus. MBA Retail is one such area which has tremendous scope as there is huge growth in the Indian retail market. There are many international retail chains, which are also in the look for good candidates. MBA International Business is also another specialization which has vast requirement for skilled managers. Few other very popular specializations are MBA Pharma, MBA Finance, MBA Banking and insurance, MBA HR etc. Candidates must make sure to select a specialization according to their interest and preference.

Indian higher education is in need of radical reforms. A focus on enforcing higher standards of transparency, strengthening of the vocational and doctoral education pipeline, and professionalization of the sector through stronger institutional responsibility would help in reprioritizing efforts and working around the complexities. The rise of IT sector and engineering education in India has boxed students into linear path without giving them a chance to explore and discover their passions. Concerted and collaborative efforts are needed in broaden student choices through liberal arts education.

The University of Mumbai was ranked 41 among the Top 50 Engineering Schools of the world by America's news broadcasting firm Business Insider in 2012 and was the only university in the list from the five emerging BRICS nations viz Brazil, Russia, India, China and South Africa. It was ranked at 62 in the QS BRICS University rankings for 2013 and was India's 3rd best Multi Disciplinary University in the QS University ranking of Indian Universities after University of Calcutta and Delhi University. Three Indian universities were listed in the  world’s top 200 universities — Indian Institutes of Technology, Indian Institutes of  Technology, Indian Institutes of Management and Jawaharlal Nehru University in 2005 and 2006.

There is no domestic ranking system for India. However, the National Assessment and Accreditation Council (NAAC) has developed, after wide consultations, 50 indicators, assimilated into seven criteria, as Quality Benchmarks for accreditation of Universities. The Information and Library Network (INFLIBNET), an Inter University Centre (IUC) under the UGC, has reported that there are 150 areas in which research has been undertaken in 37 Central Universities.

Driven by market opportunities and entrepreneurial zeal, many institutions are taking advantage of the regulatory environment to offer 'degrees' not approved by Indian authorities, and many institutions are functioning as pseudo non-profit organizations, developing sophisticated financial methods to siphon off the 'profits'. Regulatory authorities like UGC and AICTE have been trying to extirpate private universities that run courses with no affiliation or recognition. Students from rural and semi-urban background often fall prey to these institutes and colleges. One the fundamental weaknesses of the system is a lack of transparency and recommendations have been made to mandate high standards of data disclosures by institutions on performance.

Meghana VP. 

Special correspondent