Abstract
The concept of Globalization affects everything in the industrial scenario, as in - Production, Processes & Techniques, Information, Technology, Goods, Products, Funds, Capital, Investment etc. Further, these resources are forced to adopt the global standards to survive. It is applicable to Human Capital too. Unfortunately, the Indian higher education sector, especially the management arena, has not paid much heed to this issue. Going further, Management education in India is gradually losing its charm. This is evident from the sharp decline in the number of MBA aspirants, so much so that a large number of seats in the Business Schools (B-Schools) across the country remain unfilled. Many colleges have opted for closure. The corporate looks at the B-School graduates with suspicion in terms of their skills, knowledge levels, competencies and employability. Unfortunately, Government based regulatory bodies have focused more on granting approvals rather than improving the quality of management education in the country resulting into high proliferation and low quality of teaching- learning. Hence, this exploration into the issues of management education of B-schools in India, from the HR Academician's perspective is on the anvil. A questionnaire has been developed and used to collect the data from the HR Academicians / faculty members, currently working in various State run Universities, Central University, Technical University, National Institute of Technology, Private Universities and Autonomous Institutions, which are spread throughout the state of Karnataka. The data was analyzed using statistical tools such as Frequency & Percentage, Coefficient of Correlation and Chi Square, by the application of SPSS 20.0.1 software. The results have been discussed based on specific hypothesis. The article emphasizes the need for the development of Academician's perspective on management education and concerted efforts aimed at designing a holistic syllabi & and industrially relevant content development and such other initiatives for begetting a better HR graduate for a better HR corporate citizen.