This document discusses the prospects and challenges of management education in Nepal. It begins by outlining global trends in higher education such as increased online learning, private sector participation, and market-oriented education programs. It then discusses the development of higher education and management education specifically in Nepal. Some challenges facing management education in Nepal include a shortage of qualified faculty, lack of local teaching materials, weak industry collaboration, and inadequate infrastructure. The document concludes that as Nepal integrates further into the global economy, there will be a greater need for educated professional managers, and management education must continue to develop to meet this need.
This document discusses the prospects and challenges of management education in Nepal. It begins by outlining global trends in higher education such as increased online learning, private sector participation, and market-oriented education programs. It then discusses the development of higher education and management education specifically in Nepal. Some challenges facing management education in Nepal include a shortage of qualified faculty, lack of local teaching materials, weak industry collaboration, and inadequate infrastructure. The document concludes that as Nepal integrates further into the global economy, there will be a greater need for educated professional managers, and management education must continue to develop to meet this need.
Original Description:
Management Education in Nepal: Prospects and Challenges
This document discusses the prospects and challenges of management education in Nepal. It begins by outlining global trends in higher education such as increased online learning, private sector participation, and market-oriented education programs. It then discusses the development of higher education and management education specifically in Nepal. Some challenges facing management education in Nepal include a shortage of qualified faculty, lack of local teaching materials, weak industry collaboration, and inadequate infrastructure. The document concludes that as Nepal integrates further into the global economy, there will be a greater need for educated professional managers, and management education must continue to develop to meet this need.
This document discusses the prospects and challenges of management education in Nepal. It begins by outlining global trends in higher education such as increased online learning, private sector participation, and market-oriented education programs. It then discusses the development of higher education and management education specifically in Nepal. Some challenges facing management education in Nepal include a shortage of qualified faculty, lack of local teaching materials, weak industry collaboration, and inadequate infrastructure. The document concludes that as Nepal integrates further into the global economy, there will be a greater need for educated professional managers, and management education must continue to develop to meet this need.
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Management Education
in Nepal: Prospects and Challenges -
Bijay KC
Professor South Asian Institute of Management
At the micro level
educational achievement and economic success are closely linked.
GLOBAL TREND IN HIGHER
EDUCATION Rapid
growth of information and computing
technology - Distance and on-line learning, Internet By offering on-line education programs many universities have changed the process and organization of higher education and have made their programs accessible in many parts of the world.
GLOBAL TREND IN HIGHER
EDUCATION Public
and private sector participation in
higher education - institutional innovations and market oriented education Higher education free from strict rules and regulations of the government and universities. Business houses taking initiatives to establish their own universities, known as corporate universities
GLOBAL TREND IN HIGHER
EDUCATION Higher
education in many countries being
seen as a means of trade With a view to respond to the need of the market and change in the mix of job universities offer a wide range of new courses and trainings programs Additional emphasis has been placed to adult learning and working executives.
TREND OF HIGHER EDUCATION IN NEPAL The era of higher education in Nepal began in 1818 AD with the establishment of TriChandra College. Establishment of Tribhuvan University in 1959 National Education System Plan was adopted in 1971.
MAJOR STRUCTURAL CHANGES Emergence of multi-university system Phasing out of certificate level Introduction of three year bachelor degree Involvement of private sector A wide range of market-driven programs
MAJOR STRUCTURAL CHANGES
Increasing involvement of private
sector in higher education has also led to commercialization of education, over-supply of manpower relatively to market demand, low quality, and loss of true sprit of education.
Development of Management Education
Six universities and two medical
institutes granting their own degrees. About half a dozen management institutes under private sector providing Master level programs in management. Tribhuvan University grants both a Bachelor and a Master of Business Studies degrees. Recently it has also started offering a four-year Bachelor in Business Administration degree.
Development of Management Education
Management education started in
Nepal in the form of commerce education in 1954 when the government established a commerce department in the then governmentrun Tri-Chandra College. Tribhuvan University offered the postgraduate level in the commerce education in 1961
Development of Management Education
In 1971 the government made radical
changes in the education system of the nation and introduced National Education System Plan - a milestone in the history of management education Institute of Business Administration, Commerce and Public Administration The Institute was renamed as Institute of Management in 1976
Development of Management Education
Kathmandu University in 1991
Purbanchal University in 1995 Pokhara University in 1996. Lumbini Boudha University in 2005
Developing a Program for
Management Education
Management learning is a continuous, life long process. The first part is dealt at certain university and school level. The second part is a life long learning process for managers
Potential stages of manager's
organizational career
entry level first supervisory assignment manager of a particular functional unit general manager: manager of a set different functional units. Executive level
Forces Affecting Management Education
During last one and half decade, Nepal has seen fast development in infrastructure A change in the trade structure and occupational pattern in Nepal Rapid growth in media, information technology and use of computers in the country. Growth of financial sector and nongovernmental organizations Growing Thrust on Privatization and Economic Liberalization
Forces Affecting Management Education
Integration with Global Economy
Unstable political regime Ambiguous legal framework Weak governance
Future Trend
Competition and efficiency will be
main considerations of business enterprises in Nepal Nepalese business will be dominated by joint ventures, especially those with neighboring countries, and by small and medium-scale enterprises. Entrepreneurship will be more pronounced.
Future Trend
The joint venture enterprises will provide
more job opportunities to Nepalese nationals at lower and middle management levels At the highest management level management team will gradually replace the individual Chief Executive Officer. Decision making process will be short and fast due to increasing use of faster and more efficient information handling and communication system. This will lead to flatter organization chart, with more staff at the middle level.
Future Trend
The need to develop infrastructure and
alleviate poverty will lead further expansion of development sector, leading to increasing demand for managers able to implement program effectively to reach the target group. Service sector will expand rapidly Nepalese business will be more export oriented, regionally and globally. International business will be more important.
Future Trend
The social structure and societal
values are undergoing a change and the pace of change will be fast in the urban areas. Aspiration of people is rising fast, making them more demanding and pressing.
Demand and Supply A Gap
In general, supply of management students exceeds the demand. There is short-supply of management students having knowledge and skills needed by the market. A market for management students do exist and is expected to expand
Problems Shortage of qualified and competent faculty Shortages of teaching materials based on local realities. Lag behind in research activities. Weak interface between business and academia Inadequate infrastructure.
Management Education in Nepal: The
Road Ahead Political
instability created by the Maoist
rebellion While no one knows the actual market size for management education, one can be assured that it is small. With real growth averaging about 2.5% per annum, expanding and new business formation is relatively low. Thus, when new, private schools enter the market; competitive pressure is placed on existing institutions
Support from NRN
Management Education Development
Fund Placements and internship Establish a link with reputed management institutes and coordinating their activities.
Conclusion Competitive pressures on Nepal substantially increase with its entry into the WTO. As a partner in the global trading system, Nepali businesses will now have global opportunities for exports, but they also will face intense pressures to compete.
Conclusion Sound strategic management, coupled with a global vision and a sound grounding in financial and operational decision making, become more important than ever. This, in turn, requires managers who can think globally, act locally and manage effectively The need for educated, professional managers in all sectors of the Nepali economy is now greater than ever. Management education in Nepal must continue to develop if it is to fulfill this need.
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