Should Management Education be subsidized?

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38 comments Page 1 of 4.

PMaspire said:   2 years ago
Hello all.

Today, I want to explore a topic that has been lingering in my mind for quite some time: the subsidy of management education. I firmly believe that subsidizing management education is a crucial step toward fostering a brighter and more prosperous future for individuals and society as a whole.

Firstly, by making management education more affordable, we can ensure that talented individuals from diverse socioeconomic backgrounds have equal access to quality education. This inclusivity empowers individuals who might otherwise be deterred by financial constraints to pursue their passion and contribute their unique perspectives to the field of management.

Additionally, subsidization of management education promotes innovation and economic growth. By equipping aspiring managers with the necessary skills and knowledge, we encourage entrepreneurial endeavors, job creation, and sustainable development. These well-educated managers can foster an environment of competitiveness and excellence, leading to a thriving economy that benefits everyone.

Moreover, management education plays a pivotal role in nurturing leadership qualities and instilling ethical values in aspiring managers. Through subsidized education, we can ensure that future leaders are equipped with a strong moral compass, ethical decision-making abilities, and a deep sense of social responsibility. This will contribute to the creation of a more equitable and sustainable society.

Critics may argue that subsidizing management education could lead to an oversupply of managers in the job market. However, I believe that in today's rapidly evolving business landscape, the demand for competent managers far outweighs the potential oversupply. Furthermore, subsidization can be paired with measures to ensure that students are adequately prepared for the demands of the industry, thus striking a balance between supply and demand.

In conclusion, subsidizing management education is an investment in the future. By making it more accessible and affordable, we provide opportunities for talented individuals, stimulate economic growth, and cultivate ethical leadership. Let us embrace the potential of subsidized management education and work towards a brighter and more prosperous tomorrow.
(1)

PMO said:   2 years ago
Hello, fellow forum members,

I wanted to spark a discussion on the topic of whether management education should be subsidized. In my humble opinion, I firmly believe that subsidizing management education can yield remarkable benefits for individuals, society, and the economy as a whole.

First and foremost, subsidizing management education allows greater accessibility and inclusivity. It provides opportunities for aspiring students from diverse backgrounds who may otherwise be unable to afford such education.

By leveling the playing field, we empower talented individuals to pursue their dreams and contribute their unique perspectives to the field of management.

Moreover, subsidized management education fosters innovation and growth. By investing in the development of future leaders, we equip them with the necessary knowledge and skills to navigate complex business challenges. These leaders, armed with their education, can drive entrepreneurial initiatives, create jobs, and stimulate economic prosperity.

Additionally, management education benefits society by nurturing ethical leadership. Subsidized programs often emphasize values such as integrity, social responsibility, and sustainability. By instilling these principles in our future managers, we can create a more conscious and compassionate business environment, where profit and purpose coexist harmoniously.

Lastly, subsidizing management education aligns with the long-term interests of governments and economies. Well-educated managers contribute to better decision-making, effective resource allocation, and improved organizational performance. These factors translate into a more competitive business landscape, attracting investment and driving economic growth.

In conclusion, subsidizing management education is a powerful investment that pays dividends for individuals, society, and the economy at large. It promotes inclusivity, fuels innovation, nurtures ethical leadership, and strengthens economic competitiveness.

By ensuring that the next generation of managers is well-equipped and diverse, we pave the way for a brighter and more prosperous future for all.
(1)

Srujan said:   1 decade ago
Hi Friends.

The topic in which the discussion is going has vast depth and many related issues. Subsidizing the management will lead to good impact for the poor. This is what the govt even had implemented. At the same time the universities have increased the number of seats to fill their pockets, which led to the dilution of the value of the course. Who ever has passed a degree are opting for a Masters in business administration for the sake of having degree, irrespective of their technical background which is resulting in producing MBA with empty brains. This not we want with the system of providing Subsidized management education. The value for an MBA graduate is lost. Once upon a time all the companies are very keen in taking an MBA into their organization. But now a days the scenario is totally different. An MBA graduate is working for 5000/month. Is this the result of subsidized education. Why do we want a system which dilute the value of a course. There should be any other alternative in spite of providing education in subsidy.
(9)

Shefali said:   7 years ago
Hi everyone,

As per my belief, I think management school are the pillars of good education structure in any country which posses the efficiency of producing world class managers and leaders and hence access to this education should be subsidized by the government by giving opportunity to students have talent and are willing to be professionals in corporate world. Also the government should make sure the opportunity is given to the one's with academic excellence and unique factors that might help him to be a part of country's think tank in future. Relaxations should be provided on a completely standardized criteria- merits, technical experiences or any other that proves the competency of the candidate. Thus a deserving candidate will be able to acquaint himself with professional experiences as well as the quality of the course would not be diluted.
(15)

Shubhra said:   1 decade ago
Hello everyone I like to be little diplomatic regarding this point here people are saying subsidised education should be given to those who are meritorious and not financially uplifted and people who are rich gets easy admissions through management quota I simply want to ask in this whole process where that students lie that are average that do not fall under the merit list but they are not that poor also in their academics and one more point I want to say is most of the families in our country are middle class so what those students do who are average and belongs to middle class background.

There should be criteria, merit list should be made but in that merit list the average deserving candidate needs to lie and there should be fees relaxation according to the income of family.
(26)

Samyuktha said:   6 years ago
Hi this is Samyuktha.

Thanks for giving a chance to me. In my point of view, management education should be very useful for the student's life. So that students can get a job in higher companies with good salaries.

These institutions provide quality education to the student's life. So that the student's life can be better through this management system.

It should also be subsidized so that every student can easily get into universities.

When the government provide more subsidy schemes to the students it will be useful to the students.

Subsidy means giving loans to the students for their education life.

So, I conclude that management should be subsidized by the government should take the necessary steps to be implemented.
(33)

John said:   7 years ago
In my opinion, management education should be subsidized. There are a lot of students who possess the talent but they are financially weak so they cannot bear the management school expenses. I think that the subsidy should not be given on the basis of caste or religion rather it should be given on the basis of talent and financial condition of a candidate. As we know that many brilliant students are deprived getting the education in some of the esteemed educational institutions of the country due to weak financial status. I think subsidy should be provided to stop squandering of the huge amount of talent of the country so that these students who get benefited contribute in the development of the country.
(13)

Priya said:   6 years ago
Hello everyone, according to me management education should be subsidized because management education provide students with better learning and practical exposure through internship and that help them to find out there hidden talent and they find their job accordingly on the other hand student who has not done MBA only left with option of doing job at less package and they don't have practical exposure about corporate world they just do job for sake of earning they are not aware of real scenario so I think management education should be subsidized so that student whose family couldn't afford that much fees can also get a chance to get management degree with exposure.
(13)

Jitz said:   1 decade ago
Hello everyone ! management education has different perspective too. Students are inclined towards MBA's just because of placement figures. Students are interested to pursue management education for hefty pay package. So according to me, unless and until a student has a passion for a particular educational course, he should not go for it. As far as subsidizing is concerned, management education need not be subsidized. As such flexible loans are available, there is no need for subsidy as it will just incur a cost on government expenditure. Subsidies are given on essential facilities, and according to me MBA is not only way to build your career. Thank you.
(26)

Arpita said:   7 years ago
In India Management studies has gradually housed a large share of education system from past decade. The guaranteed placements with other incentives and an assured high standard of living have made large number of students to flock towards management studies. Management institutions have become hub of students looking for employment and sure shot success in their career.

With the help of reputed management institutions, many students are getting placements with good recruiters with the dream salaries. It has lead to stimulation among other students to invest their money on management studies to reach on the same level of high standard living.
(6)


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