School of Business Studies, Central University of Kerala (CUK)

Higher education in India has taken a giant leap due to the rising standards of living, aspirations of the middle class for higher education, and the proven records of how education had touched the lives of families and also the Governments focus and ves of families and also the Governments focus and the consequent quantum leap in the level of investment in education. India according to reports, has 65% of the population below the age group of 35 and it means, India by all means will be the provider of manpower to the world. The Indian Higher Education system is the largest in the world encompassing 17 million students and approximately 700 Universities and 33,023 colleges. In the last six decades, the number of universities has jumped 23 times, whereas the number of colleges has increased by over 66 times. However, with the population of India expected to grow to over 1.3 billion by 2020, the capacity of the higher education needs to nearly double, to meet the targeted Gross Enrolment Ratio, or GER, of 30% for the higher education segment. This would require an investment of USD 180 billion. Only 20% of the total student population is involved in Commerce and Management education. A recent study on the public spending on higher education world-wide indicates that countries which have considerably improved the higher education infrastructure have witnessed rapid growth over the years. It also seen that though public funding on education had improved over the years, the higher education scenario in many nations, still remains inadequate compared to the demand. Even though Kannur University is offering their MBA programme through various centres in Kannur and Kasaragod districts, the Kasaragod district still lacks a professional management school. In this backdrop, this prestigious MBA programme has been proposed in the University. ...view more