Article Type

Article

Description

Business schools in Pakistan face a number of dilemmas and disconnects, which if left unresolved may make what they teach irrelevant to society, writes Dr Ishrat Husain.

Business education has become a popular subject for young people entering the tertiary education stage. The glamour of a business executive with his own home, car and vacations at a relatively young age is drawing a large number of students into this field.

Unfortunately, it is the mushroom growth of privately owned business schools, which are only interested in accumulating huge profits, that has been meeting this growing demand. There is a time lag before the reputation of a school is established and a differentiation in the quality of the output becomes ingrained in popular perception.

It only becomes apparent after a while that there are only a few top and middle ranking schools (whose graduates are able to find jobs upon completion of their studies) which can sustain themselves in the long run. Until then, enrolment in low quality schools will continue unabated. For example, in India there are more than 2,000 business schools and the number was increasing for years. It is only because of the recent slowdown in the economy and the stagnation in job opportunities that some of these schools have closed down or have branched into other fields.

Publication Source

Dawn Aurora

Publication Date

2014

Pages

1-3

Notes

Cover story From Dawn Aurora, Jan-Feb 2014, Vol. 17 No. 1

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