Volume: 8, Issue: 2
INTRODUCTION
If universities are treated as incubators for training and development of manpower, raising marketable manpower suitable to the needs of Industry and giving birth to the new generation of entrepreneurs, achiel.(.ing an ambitious economic growth rate of more than 10% is not an illusion. Yet, many universities that offer Business and Management Education in India are yet to get this wake up call. Otherwise many more Indian companies like Birlas, Tatas, Reliance, Kirloskar, ICICI, UTI, SEBI etc. who have no business to be Business Education will spring up, thereby neutralizing the purpose, objecthte and existence of large number Indian universities offering business education. Business education and in particular Finance Education in Indian Universities underwent a lot of metamorphic changes especially during the last decade. Today, we witness an Upside - Down pyramid model of Business Education occurring due to pedagogical factors of teaching, increased linkage between Business Education and Employment/Self- Employment, increased role for privatisation of Business Education and corporates in Business Education, International exposure to competition and so on. These changes have forced universities to shift their gear and move in close tandem with the industry's requirements of their manpower needs.
