Time to reengineer management education?

There is growing evidence of graduate/postgraduate students (particularly in management streams) ‘out-sourcing’ their academic assignments. There are now small KPOs offering such services! To an employer, this raises major concerns on how much value they should place on such students and qualifications. Imagine if the doctor operating on you or the pilot flying you had resorted to such a practice?

It is also time that management education aligns itself to the real needs of the business world. For instance, assigning 50% of the marks for a 10,000 word essay – how relevant is this to the real business world? The issue with management education, unlike disciplines like engineering or accountancy, is that we teach grand concepts, when the business needs specific micro-competencies.