Is Management Education Required for Business?

According to my point, education is most important for business management why because the manager is big and long time period run of business after owner manager is lead control planing and organizing the business these skills is basic need for business management so how to lead without educational for business management. :) thanks.

I completely agree with you my friend but what about the people who are the prominent industralist of our country and is educated from the eminent business schools.eg:- Anil Ambani,K.M.Birla and many more.

I think Management education is not necessary because if we have a great experience for a long time and we take all the managerial decision than obvious our company is go to the way of success.

Management education is important to run all business with great power and confident. Expereince and Management is like a eyes of a human. Without one eye you can do the work but it will not look complete.Proper education for business helps to avoid the mind divertion in illegal business.

Yes management students are getting high salaries. But what about their posts? Do they offer C.E.O. post to some passouts of B-school? if not why? i think the topic is necessity of management education for business, whatever salary a person get after b-school how does it affect on running business?

I accept you earn soft skills and some qualities a leader should have but is that enough? is being leader and guiding people enough to run successful business? what about innovations? what about risks? what if you don't have details of company product? what if you don't have detail of company work enviroment? each comapny do not have same work culture. you get all these details which are most important by working with the company. and as far as those soft skills and leadership qualities are concerned i don't think one must go to some B-school to earn them. for those set of skills EXPERIENCE IS THE BEST TEACHER.

Management education is new chapter to grow your professional carrier. As per my Opinion Management Education done only police the candidate's attitude through which he can drive his carrier in right way if he have practical experience. Real Life Teachers & Education is only Experience because, so that some one told that " Experience is the Best Teacher. ", Today Management Schools & University don only business.

But I Also believe in Study because if we have experience & have right attitude then This kind of Courses bring us at right way. Because each and every books & courses are create after someone's Experience Analysis. , in this way we get knowledge which we have never face in life.

Management education is a basic theory of management in business. In management education we can learn people involving in business, strategies, stages involving in managing business or how to manage a business etc., hence these theoretical activities cannot adopt directly in business with out any experience or training.

Therefore now a days management education is need due to increase in new technology, new innovation etc.

I totally agree with the point that "experience is the best teacher". But nowadays, there is a fierce competition in the market and in order to run a profitable business the prior knowledge about it is good for the business.

Management studies are not necessary to make a business run successfully. A person or group should be self motivated and capable of running a business. But seeing the trend that everyone is running after a higher degree. Its becoming so common to adapt the skills every 3rd person in this world is possessing. For being extraordinary. A person not only needs to complete management studies but remain self motivated and be innovative to use the skills one has learned and apply it in the real world in his own creative way to benefit him and the general people.

Businesses started long before management education even came to light. So it is pretty clear that management education was not necessary to succeed in business at that time. However, that is not the case now. Today, the scenario has changed. All the failures and experiences have been made into a capsule form and is being taught to young professionals in order to make them more competitive and save them from repeating the same mistakes.