Why Do Business Schools Need To Remain Locally Relevant And Globally Wise In Present Times?
Alternative models of teaching, learning, virtual courses, and economic strains are just a few of the things turning the whole of the education sector into hyper-competitive space. There’s no doubt that business schools constantly face the challenging and complex dilemma when picking a path between local relevance and global recognition. But the question arises, how can PGDM colleges , or say, top MBA colleges in Hyderabad or any other prime city, maintain a competitive edge in the wake of uncertain post-study work opportunities, increasing online options, and weakening brands? The solution lies in the overarching kinds of global engagement strategy, and the institutes, especially MBA colleges in Hyderabad , Pune, Bangalore, Mumbai, and Delhi, that use and implement them. Such colleges can rightly be categorized as innovators, adaptors, defenders, and challengers. When looking at the market conditions, one cannot deny that business schools – whether PGDM colleges or MBA colleges i