Understanding the Variables Impacting the Management Education with Reference to the Institutes in Nagpur
Spectrum: A Journal of Multidisciplinary Research, Vol. 2, Issue 11, 2013
Posted: 19 Nov 2013 Last revised: 23 Nov 2013
Date Written: November 1, 2013
Quality education and learning throughout life have become apparent as the keys to the 21st Century. The mission of guaranteeing quality of education is to safeguard the public interest in sound standards and to encourage its continuous improvement. The search volume for higher education worldwide has been steadily declining from 2004 to the present day volumes. At present the volume is between 25-30% of the volumes in the beginning of 2004.The purpose of research is to identify the important factors affecting the management of Higher Education analysed through factor analysis and studying the importance of these variables on the satisfaction with the management institutes. 100 faculty from different management institutes in Nagpur. Factor analysis technique was used. There are six important factors identified. The first factor is “Job Oriented Syllabus & Industry exposure”. The second factor is “Creativity and innovation”, the third factor is “Accreditation & Evaluation system”, the fourth factor is “Public-Private Partnerships”, fifth factor is “Competent Faculty”, and sixth factor is “Ethics & Character Building”.
Keywords: Quality Education, Regression Analysis, Management Faculty, Management Education in Nagpur
JEL Classification: I1, I21, I20, I29, N3, N35, H5, H50, H59, O3, O39
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