2. BACKGROUND
Education in India is only one between various
additional elements that have captured the
attention of the world. While the United Nations
is concerned about the presence of a large
number of illiterates, various other countries are
surprised by the quality of some of the human
resources that the Indian education system has
shaped.
3. Historical Background of Education (India)
The Vedas, Puranas, Ayurveda,Yoga, Kautilya's Arthasahtra
are only some of the milestones that the traditional Indian
knowledge structure boasts of. There are evidences of
imparting proper education in ancient India under the
Gurukul system.
Under the Gurukul system, young boys who were passing
through the Brahmacharya stage of life had to stay at the
Guru or the teacher's home and complete their education.
Under the Gurukul system, young boys who were passing
through the Brahmacharya stage of life had to stay at the
Guru or the teacher's home and complete their education.
the English language and the reformation movements of the
19th century that had the most liberating effect in pre-
independent India . the Britishers, although rightly criticized
for devastating the Indian economy, can also be credited for
bringing a revolution in the Indian education structure
4. Education System in India
The present education system in India mainly comprises of
primary education, secondary education, senior secondary
education and higher education. Elementary education consists of
eight years of education. Each of secondary and senior secondary
education consists of two years of education. Higher education in
India starts after passing the higher secondary education or the
12th standard. Depending on the stream, doing graduation in
India can take three to five years. Postgraduate courses are
generally of two to three years of duration. After completing post
graduation, scope for doing research in various educational
institutes also remains open.
As education is the means for bringing socio- economic
transformation in a society, various measures are being taken to
enhance the access of education to the marginalized sections of
the society
In order to develop the higher education system, the government
had established the University Grants Commission in 1953. The
primary role of UGC has been to regulate the standard and
spread of higher education and the increase of higher educational
institutes in India
5. According to the data, literates constitute 74%
of the total population, aged seven and above,
and illiterates form 26%.
The literacy rate went up from 64.83% in 2001
to 74.04% in 2011 showing an increase of
9.21%.
Interestingly, females literacy level saw a
significant jump as compared to males between
2001-2011.
While female literacy in 2001 stood at 53.67%,
it has gone up to 65.46% in 2011. The male
literacy in comparison rose from 75.26 to
82.14%.
6. India is a nation of young people with 672
million people in the age group of 15 to 59
yrs which treated as the working age
population.
Young population should be considered as
a valued asset with well equipped
education & skill which contributes to
growth of the nation at large
We need 100% literacy and highly skilled
young manpower for knowledge
leadership in the world.
7. MEANING OF EDUCATIONAL
ENVIRONMENT
It the academic surrounding the covers the huge
population of our country.
This includes training and development schemes
so applied on the human force for overall
development
It must for creation of human capital which help
achieve economic growth, higher standard of
living for all, etc
People enjoy development of the nation only
when they are educated and knowledgeable.
It also bring social reforms
9. EFFORTS FOR FAVOURABLE EDUCATIONAL
ENVIRONMENT
Priority along with other nation issues
long & short term plans & programmes prepared for primary, secondary &
university education.
Central & state govt involved
Supports growing needs of business
Best investment UPA presented a Common Minimum Programme (CMP)
They pledged o raise public expenditure in education to atleast 6% of GDP with
atleast half sped on primary & secondary schools in phased manner.
Govt introduced CESS on all Central taxes
UPA ensured no body is denied professional education because he or she is poor
Midday meal scheme
Appointment of NKC-National Knowledge Commission- bring out blueprints on
knowledge potential and the path ahead of India.
Literacy programmes for women – expenditure done by central & state govt 75% &
25 % respectively
• Universalization of education is must in India
• Elementary education a fundamental right for all children in age group 6-14 yrs
• Increase in public expenditure on education
10. RELATIONSHIP BETWEEN EDUCATION &
BUSINESS IN INDIA
Closely interrelated
Generates qualified & matured manpower which is
must for growth of business enterprise.
Education provide skilled manpower to business
Generates innovation & creative
Builds acceptance to change
Improves standard of living
Provides professionals
Generates sophisticated work culture
Supports social welfare
Employability
Creation of Good social conditions
11. IMPORTANCE / ROLE OF
EDUCATION IN BUSINESS
MANAGEMENT
Provides experts of varied field- accountant, IT,
engineering, MBA
Provides skilled manpower
Specialized education-expert knowledge
employable population
Creates knowledge society
Acceptance of technology
Acceptance to change & challenges
Efficiency & growth of business
Facilitates efficient conduct of global business
Business expansion & growth
12. IMPACT OF EDUCATION ON
BUSINESS
Positive outlook
Flexibility in acceptance
Growth of professionalism
Technology friendly
Social personality
Work culture
Knowledgeable leaders
Encourages Creativity & innovation
Optimum use of available resources
13. IMPACT /ROLE OF BUSINESS ON
EDUCATION
Growth of industries
Cut-throat competition
Survival of the fittest
Need for quality in available quantity (mass)
Growing relevance of service sector
Growth of entrepreneurial class
Social commitment
Requirement of specialization
Information revolution
14. MEASURES TO IMPROVE STANDARDS IN
BUSINESS EDUCATION
Develop aptitude & caliber as per industry demand
Selectivity approach
Alongwith govt sponsored private institutes should be recognized
Privatization & globalization of higher education should
encouraged
Course Content should be revised periodically
Provide on job training
Provide refreshers training
Institutes should be independent & self- sufficient
Use of modern technology
Interface between educational institutes & corporate
Quality education must be the objective
Encourage sponsorship from corporate house
Research should be encouraged by business houses
15. CAREER OPTIONS IN BUSINESS :
Accounting
Advertising & marketing research
CS
HRD
Event Management
Banking & Insurance
IT Based services
Management
Marketing
Production& purchases
Telecom