Changing Role of Management Education towards Managerial Skills Set

This paper deals with the direction in which the management education moves in future. With this aim the problem statement, purpose of the study and structure of the study are presented. The purpose of the study is to determine the skills which are more critical for business leaders to adequately prepare managerial and professional for organizational success. The structure of the study is planned to conduct intensive study on managerial skills set. Under theoretical background, the contributions by management gurus were reviewed to get a clear view on the current status of management and management education. Technology played a vital role as an important driver of management education and creator of strategic options for program delivery while implementing the management curriculum. This paper further analyses the resource of business school that need to serve the requirement of the corporate world. In this connection, the history of management education, emergence of global markets with technological inspiration, the power shift of global economy from west to east with need for managerial skills set is taking place. Further, the present perspectives of business education are presented along with the role, impact and future of management education. In this descriptive research, a conceptual presentation, transformation of the managers role with managerial and organization effectiveness is presented. The paper analyses with the analysis of past contribution on managerial skills set along with major findings. The paper concludes that managerial skills set are emerging in the curriculum development of business school. While arriving the conclusion, a descriptive research of managerial skills set is introduced as a collective way for imparting training managerial skills sets which are in line with expectation of employers from the graduates of management.