Impact of Globalization on Education in India: Towards Global Standards or Cultural Imperialism?

Author(s):  
Anshu Sharma ◽  
Ankur Joshi
2021 ◽  
pp. 006996672110638
Author(s):  
Jai Mohan Pandit ◽  
Bino Paul

This study investigates human resource management (HRM) practices in higher education institutions (HEIs) based on a comparative analysis of India and the US. Although higher education in India has grown over the decades, its quality, in general, has not kept up with global standards. On the other hand, many US universities have performed consistently well in international university rankings. Based on qualitative research collected from principal stakeholders of HEIs in India and the US, HRM practices and policies followed by them are presented and discussed. Data collection for the research study was through web interviews during the period August–October 2020. The study reveals that Indian public HEIs do not have professional HRM teams. Also, they are in a formative stage in autonomous and private institutions. On the other hand, many HEIs in the US have developed mature HRM systems. This difference resonates in attributes such as structure of HRM, recruitment and selection processes, training and development programmes, performance management, career progression and talent retention.


2016 ◽  
Vol 48 (5) ◽  
pp. 265-268 ◽  
Author(s):  
M.S. Rao

Purpose – The purpose of this paper is to outline tools and techniques to ensure innovative management education in India. Design/methodology/approach – The paper addresses the challenges in the present Indian management education and outlines a blueprint with innovative solutions. Findings – It calls for support from all stakeholders including industry, educators, students, educational institutions, government and thought leaders to innovate Indian management education as per the global standards to create world class managers and leaders. Practical implications – These tools and techniques can be customized in other countries to ensure quality management education. Social implications – The social implications of this research suggests that stakeholders must strive to ensure innovative management education to create effective managers and leaders globally. Originality/value – It overhauls Indian management education as per international standards. It explains management education from the perspective of Henry Mintzberg. It reinvents management education as per the dynamic global business environment.


Author(s):  
VARUN KUMAR ◽  
VIRENDER KUMAR SAINI

The concept of implementing National Strategy for Financial Education has been gradually building. Most of the nations globally take initiative for implementing sound National Strategy for Financial Education. Whereas some developed countries already have there unified and coordinated national strategy for financial education. India is having second largest population in the world. There is an urgent need to develop a sound and stable financial system. it is more necessary to quickly formulate and implement a national strategy. Financial Literacy and Financial Education play important role in financial inclusion, inclusive growth and sustainable prosperity. Financial Literacy develops confidence, knowledge and skills to manage financial products and services enabling them to have more control of their present & future circumstqnces.59 countries worldwide are implementing National Strategy using guidance from the OECD/INFE high level principles on National Strategy for Financial Education. Several empirical studies have found that financial literacy level amongst Indians low by global standards. The need of the hour is to boost up financial education initiatives and comprehensive research should be done on national strategy for financial education. The present study aims at finding the role and relevance of financial education in India.


Author(s):  
Dr. Suresh E.S.M ◽  
Beena B R

In 21st century, the major challenge in engineering education in India is to meet the demands of technical profession and emerging job market. Now a days the education pattern, nature of jobs and services are fast changing across the world. Skill is becoming a commodity that can be bought from low-cost providers anywhere across the globe. Also in the digital world, knowledge is no longer confined to experts only, rather computer and internet connectivity has empowered every citizen to look for anything and everything. In this context, the engineering education of any country is very critical/crucial for determining its global positioning as well as ensuring the prosperity of their citizens. So engineering education system should be modified to enable our students to develop the skills like creativity and innovation, communication, critical thinking, interpersonal skills, collaboration and teamwork. Communication and collaboration are identified as an essential competencies by almost all of the organizations who are seeking competent employees. All the professional/accreditation bodies like Accreditation Board for Engineering and Technology (ABET), Washington Accord or National Board of Accreditation (NBA), India have already elaborately stated about the students learning outcomes, program educational outcomes, list of competencies, professional/ ethical responsibilities of engineers/ engineering educators/ academic institutions. The aim of this study is to define parameters for measuring competence required for engineering faculty and students in meeting the global standards. The study also focused to discuss current scenario of Indian engineering education system giving special attention to Kerala. Also, the study aspired to develop a competence measuring model.  


2005 ◽  
pp. 72-89 ◽  
Author(s):  
Ya. Pappe ◽  
Ya. Galukhina

The paper is devoted to the role of the global financial market in the development of Russian big business. It proves that terms and standards posed by this market as well as opportunities it offers determine major changes in Russian big business in the last three years. The article examines why Russian companies go abroad to attract capital and provides data, which indicate the scope of this phenomenon. It stresses the effects of Russian big business’s interaction with the world capital market, including the modification of the principal subject of Russian big business from integrated business groups to companies and the changes in companies’ behavior: they gradually move away from the so-called Russian specifics and adopt global standards.


2011 ◽  
Vol 3 (5) ◽  
pp. 439-440
Author(s):  
R. Solai Raja R. Solai Raja ◽  
◽  
S. Banumathi S. Banumathi ◽  
T. Dhanabalan T. Dhanabalan

2019 ◽  
Vol 118 (4) ◽  
pp. 68-71
Author(s):  
Mohanakumari. D ◽  
R. Magesh

The main intention of the Paper is identifying the competencies possessed by the faculty in engineering college and adequate skills of all the disciplines required and that plays a vital role in educational institutions.In this era, engineering education in India faces major challenges as it requires meeting the demands of technical profession and emerging job market. Researchers have created some universally desired, yet challenging skills for global workforce. Nowadays, technology changes rapidly, so we have to update our self-according to the changing world, i.e., infrastructure, content/domain knowledge, educators/HR trainers. Thus, our technical faculty members should necessary to learn the innovative approaches to teaching and learning, which in turn will require effective professional development for both new and experienced instructors alike. It is right time now to redesign our curriculam, pedagogy and make the pre-service teacher preparation programme mandatory part of technical higher education.


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