Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam

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Fiercely independent and pro-consumer information on personal finance.
30-day online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.

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The teaching fraternity must upskill and reskill themselves to adapt to this reality. Students are smart enough to expect a return on investment in terms of gaining practical knowledge from a subject and getting dream jobs on completing the MBA program. In fact, the MBA program is seldom a two-year course as it is widely believed. Many of the autonomous institutes and private universities have their own schedules, and they complete the MBA program in 20 months. In some higher educational institutions, the pre-placement process begins right after the third semester, and students are allowed permission not to attend the fourth-semester classes. So, considering all these developments, student expectations from their alma mater are bound to be high.
Access to knowledge, information, and data is now easy thanks to all the AI tools. Way back in 2012, students used to copy content from Google, paste it into PowerPoint slides, and deliver their presentations in class. Today, students are adept at delivering presentations that are prepared in a jiffy using an AI tool. This is nothing to gloat about because it reflects the perils of students relying on readymade sources of information without investing time to read the topic or explore it in detail. One cannot completely blame the students. Smartphones and social media are addictive by nature.
Imagine students seated in a B-school classroom from morning 8 a.m. to evening 5 p.m. If all they have to do is sit in a class where one faculty member after another enters the classroom with their presentation slides, their attention span can be limited. In the case of courses that involve calculations like Production and Operations Management, Accounting and Financial Management, or Operations Research, the monotony can be disrupted through numerical problems and case studies. This is why even when there is a two-hour theory class at a stretch, one hour has to be devoted to discussing a newspaper article or a case study.
Teaching has to be replaced with words like learning and coaching. Students can also share their knowledge with teachers. B-school teachers with corporate experience have an added edge because they can share their work experience in the class and attempt to connect it with a particular concept. B-school classes must focus less on lecturing and more on storytelling. Going forward, delivering presentations using PowerPoint slides in class must not be used as the sole method to engage students. Asking students thought-provoking questions, encouraging healthy debate in the classrooms, and igniting the curiosity of students are equally important classroom delivery strategies. Greater is the interaction in the classroom, greater is the delivery quality. It is also a fallacy to assume that students should not make any running notes in the classroom at the postgraduate level. Writing, reading, and analyzing are skills that will stand the students in good stead, as they will enhance their cognition. Use of flow charts and mind-mapping tools is good enough to promote greater student engagement in the classroom.
In the U.S., corporates are setting up their own business schools so that these students can be directly absorbed for employment. One cannot preclude a similar scenario in India. Higher educational institutions must ensure that a student gets the right ROI on the efforts expended and the financial resources invested. Regular interactions with the corporate world to understand their expectations are critical to making appropriate pedagogical interventions. Existing courses must be updated with the latest trends and topics, while students must have access to learning new courses like Luxury Marketing, Managing Platform-Based Businesses, Digital Marketing for SMEs, FinTech, Strategic Management for Entrepreneurial Start-Ups, AI for Marketing, etc.