Abstract
In India, management education has made significant growth since its inception in 1950s, and by the mid 1960s, India became one of the leaders in the field of management education; at present, India has the second largest number of business schools in the world. However, the mushrooming of B-Schools in India led by globalization has resulted in an intense competition among the B-Schools themselves giving rise to many contemporary issues and challenges in the changing time affecting the quality of management education in the country. The present study is a review paper in nature and aims to study the growth of B-Schools in India and the resultant competitive landscape. The analysis found that although the number of B-Schools has increased significantly in India, the quality aspect did not receive due attention. The B-Schools in India have been facing a number of key issues and challenges which have been addressed in this paper. Moreover, the distribution of B-Schools across states and zones in India has been found to be very much uneven and highly correlated with industrialization.
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