| Abstract: | Education, particularly higher education in India is undergoing rapid changes under the impact of Globalization. In today’s globalized environment, education has become more valuable to individuals. Education provides individuals with a better chance of employment, which in turn leads to a better lifestyle, power and status. India has the third largest higher education system in the world. Keeping this point in their mind, many foreign universities are wishing to set up their shops particularly in business and management education in India. The Indian press reports that 40 international universities have sought land from the Government of Maharashtra to establish campuses in that state. The motivation behind this is very clear- everyone who enters the Indian educational market wants to extract profits mostly by offering academic programmes in fields that are in high demand. Before allowing foreign institutions to set up their branches in India, government should address a number of core issues like what is the motivation of the foreign institutions? What is the status of the foreign institutions in its own country? Is the foreign institution capable of offering the same quality in India as it does at home? Is everything about the foreign branch transparent and open? Does the foreign institution have appropriate infrastructures such as libraries, e-learning, facilities and laboratories to deliver the programmes it proposed? Taking all these factors into considerations, this paper purely discusses the political implications of Globalization of Business and Management Education. |
